Nonprofit · EIN 61-1233366
FIRST PRINCIPLES INC
Tax-exempt · CRESTWOOD, KY 40014
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $38,841 | $91,792 | -$52,951 | $20,208 | $43,290 | -$23,082 |
| December 31, 2023 | 990-EZ | $110,875 | $89,237 | $21,638 | $40,311 | $10,442 | $29,869 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $38,841
- Program service revenue
- $0
- Investment income
- $0
Expenses
- Compensation of officers, directors and key employees
- $2,149
- Professional fees and payments to contractors
- $65,963
- Printing, publications and postage
- $3,191
- Other expenses
- $22,638
- Program services (functional)
- $91,792
Balance sheet and other
- Total assets, start of year
- $40,311
- Total assets, end of year
- $20,208
- Total liabilities, end of year
- $43,290
- Net assets, end of year
- -$23,082
- Cash, savings and investments
- $8,029
- Land and buildings
- $1,390
- Gross receipts
- $38,841
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| EMILY SEARS | DIRECTOR | 20 | $2,149 |
| EUNICE VAN WINKLE RAY | PRESIDENT | 30 | $0 |
| LES KEPLEY | DIRECTOR | 0 | $0 |
990-EZ for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| EUNICE VAN WINKLE RAY | PRESIDENT | 30 | $0 |
| EMILY SEARS | DIRECTOR | 20 | $0 |
| LES KEPLEY | DIRECTOR | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 3317 HALLS HILL RD, CRESTWOOD, KY 40014-9590
- Signed the 990-EZ
- EUNICE RAY, PRESIDENT
- Phone
- (502) 241-5552
- Return prepared by
- WILLIAM E CHADY PSC
Mission
EDUCATION & RESEARCH
Program accomplishments
- RESEARCH AND EDUCATION FOR CHARITABLE PURPOSES. EDUCATIONREGARDING RESTORING SOCIAL VALUES AND PRINCIPLES INTOOUR SOCIETYExpenses $91,792 · grants $33,373
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 61-1233366
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1995
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Arts, culture and humanities (A33Z)
- Assets (IRS master file)
- $20,208
- Income (IRS master file)
- $38,841
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $38,841 | $91,792 | $20,208 | XML |
| 990-EZ | December 2023 | $110,875 | $89,237 | $40,311 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 61-1233366).
Questions about FIRST PRINCIPLES INC
- What is the EIN of FIRST PRINCIPLES INC?
- The employer identification number (EIN) of FIRST PRINCIPLES INC is 61-1233366.
- Is FIRST PRINCIPLES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
- Are donations to FIRST PRINCIPLES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FIRST PRINCIPLES INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of FIRST PRINCIPLES INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FIRST PRINCIPLES INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who are the officers and directors of FIRST PRINCIPLES INC?
- The 990-EZ for the year ended December 31, 2024 lists 3 people; 1 received compensation from the organization, the highest $2,149 (EMILY SEARS, DIRECTOR).
- How much revenue does FIRST PRINCIPLES INC have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $38,841, expenses of $91,792 and total assets of $20,208 at year end.
Other nonprofits in CRESTWOOD
- ARTS CENTER FOUNDATION INC EIN 93-2276488 · last filed 990-EZ for 2025
- JACOB KYLE DAVIS MUSICAL LEGACY FOUNDATION INC EIN 81-4915182 · last filed 990-PF for 2024
- CIRQUELOUIS COMPANY EIN 47-4397808 · last filed 990-N for 2025
- MAKING ART GROW IN CHILDREN INC EIN 01-0883090 · last filed 990-N for 2025
- APPLE PATCH COMMUNITY INC EIN 61-1159539 · last filed 990 for 2025
- SOUTH OLDHAM FIRE DEPARTMENT INC EIN 61-6034230 · last filed 990 for 2026
- YEW DELL INC EIN 61-1390688 · last filed 990 for 2024
- LIONS CAMP CRESCENDO INC EIN 61-1300986 · last filed 990 for 2024
All nonprofits in CRESTWOOD · Kentucky · Arts, culture and humanities