Overview

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Est.

1983

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

Principles Inc is a nonprofit organization dedicated to the treatment of alcohol and drug addiction, operating with an annual budget of $20.2 million and total revenue of $23.4 million for the filing year 2024. The organization has significant financial backing, with top funders contributing substantial amounts, though it does not rely on a single funder for 50% or more of its revenue. While specific geographic details are not provided, its mission focuses on addressing substance abuse treatment needs.

Mission Statement

Treatment of alcohol and drug addiction.
Revenues
$23.4M
Expenses
$20.2M
Net Income:
+$3.1M
Assets
$116.1M
Liabilities
$9.6M
Net Assets:
+$106.5M
Operating Budget
$20.2M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
5
Median grant size
$50K
Largest grant received
$4M
C
Christina Gonzales
Board Member
R
Ray Quiroz
Board Member
J
John L Anderson
Board Member

Frequently Asked Questions

What is Principles Inc’s budget?
In 2024, Principles Inc reported an annual operating budget of around $20.2 million. More detailed financial information is available to registered users.
What causes does Principles Inc support?
Principles Inc supports work in Substance abuse treatment.
Where does Principles Inc operate?
Principles Inc is headquartered in Pasadena, CA.
Who funded Principles Inc recently?
In 2024, Principles Inc received grants from JEFFREY CARLTON CHARITABLE FOUNDATION, JEFFREY CARLTON FOUNDATION 105848-000, and MCMILLEN FAMILY FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant Principles Inc received in 2024?
The largest grant to Principles Inc in 2024 exceeds $4 million.