Principles First For America Ltd is located in Washington, DC. Principles First For America Ltd is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
WE ARE A NATIONWIDE GRASSROOTS MOVEMENT OF PEOPLE WHO SHARE A LOVE OF AMERICAN DEMOCRACY AND CONCERN FOR THE DIRECTION OF OUR EXISTING LEADERSHIP. WE'VE WATCHED AS INSTITUTIONS ON THE RIGHT HAVE BEEN CO-OPTED BY BAD-FAITH ACTORS WILLING TO PUT POLITICS AND PERSONALITY OVER PRINCIPLE. AND WE'VE SEEN THOSE IN POSITIONS OF LEADERSHIP COMPROMISE THEMSELVES OUT OF CYNICAL SELF-INTEREST. WE BELIEVE GOOD-FAITH AMERICANS DESERVE SOMETHING BETTER. WE'RE BUILDING AN ALTERNATIVE THAT ELEVATES PRINCIPLED LEADERS AROUND THE COUNTRY TO SPEAK OUT AS A VOICE OF CLARITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUMMIT PRINCIPLES FIRST ACHIEVED SIGNIFICANT GROWTH DURING THIS FISCAL YEAR. IT SUCCESSFULLY HOSTED ITS THIRD ANNUAL PRINCIPLES FIRST SUMMIT, GATHERING HUNDREDS OF SUPPORTERS FROM AROUND THE COUNTRY FOR A WEEKEND OF PANELS AND NETWORKING IN WASHINGTON DC. THIS EFFECTIVELY HELPED GROW THE ORGANIZATIONS PUBLIC PROFILE AND GRASSROOTS BASE OF SUPPORT, CREATING SPACE FOR PEOPLE FROM ALL OVER TO CONNECT AROUND SHARED IDEALS AND PLAN FURTHER ADVOCACY AND OUTREACH EFFORTS. EARNED MEDIA THE PANEL GENERATED SIGNIFICANT EARNED MEDIA COVERAGE, INCLUDING IN POLITICO AND ROLL CALL. IN ADDITION TO COVERAGE OF THE SUMMIT ITSELF, INCREASED OUTREACH AND SOCIAL MEDIA PRESENCE HELPED CEMENT THE PRINCIPLES FIRST BRAND AS A WIDELY RECOGNIZED LEADER IN ITS FIELD OF PRO-DEMOCRACY ADVOCACY. AND FOUNDER HEATH MAYO WAS FEATURED IN THE WASHINGTON POST SHARING HIS VISION FOR A MORE PRINCIPLED CIVIC AND POLITICAL CULTURE. LEADERSHIP PRINCIPLES FIRST HELD A SERIES OF VIRTUAL TOWN HALLS WITH NATIONAL LEADERS WHO EMBODY THE PRINCIPLED VISION FOR LEADERSHIP THAT THE ORGANIZATION EXPOUNDS. THESE WERE POSITIVELY RECEIVED AMONG THE GROUPS MEMBERSHIP BASE, AND HELPED DEMONSTRATE THE CONTINUED VIABILITY OF PFS EFFORTS IN THE REAL WORLD. THEY ALSO PROVIDED ENGAGING CONTENT FOR SOCIAL, WHERE THE GROUPS MESSAGE REACHES NEW AUDIENCES AND HELPS CONVERT PEOPLE INTO VOLUNTEERS. VOLUNTEERS BUILDING ON THE SUCCESS OF THE SUMMIT AND INCREASED MEDIA PRESENCE, PRINCIPLES FIRST INVESTED IN GROWING ITS VOLUNTEER BASE. MADE UP OF DOZENS OF VOLUNTEERS FROM ACROSS THE COUNTRY, THE PRINCIPLES FIRST COMMUNITY IS THE BACKBONE OF THE ORGANIZATIONS WORK. PFS IDENTITY HAS ALWAYS BEEN AS A VOLUNTEER-DRIVEN ORGANIZATION, SO THIS REMAINED AT THE CORE OF ITS AGENDA, EVEN AS OPTIONS FOR BRINGING ON FULL-TIME STAFF OR CONTRACTORS WERE EXPLORED. HEATH CONTINUED TO SERVE AS ITS VOLUNTEER PRESIDENT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jeffrey Carson COO | Officer | 40 | $24,000 |
Heath Mayo President | OfficerTrustee | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $247,810 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $247,810 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $247,810 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $2,400 |
Compensation of current officers, directors, key employees. | $2,400 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $214 |
Fees for services: Management | $12,344 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $13,221 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $105 |
Advertising and promotion | $0 |
Office expenses | $185 |
Information technology | $1,178 |
Royalties | $0 |
Occupancy | $0 |
Travel | $656 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $48,376 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $573 |
Total functional expenses | $79,252 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $109,405 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $212,500 |
Accounts receivable, net | $1,160 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $15,813 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $338,878 |
Accounts payable and accrued expenses | $1,071 |
Grants payable | $0 |
Deferred revenue | $3,444 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $150,000 |
Other liabilities | $0 |
Total liabilities | $154,515 |
Net assets without donor restrictions | $184,363 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $338,878 |