Civic Intelligence

Principles First Inc.

990EZ • Fiscal year 2021 • EIN 82-3634170

Jan 01, 2021 to Dec 31, 2021 • Filed on Mar 29, 2022

Organization ProfileN/A
24949 Katy Ranch Road Unit 1805Katy, TX 77494

(713) 302-3376

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

97th percentile

2.17x

Higher debt load relative to assets than 97% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

80th percentile

0.11x

Higher debt load relative to revenue than 80% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

42nd percentile

3.5%

Higher net margin than 42% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

82nd percentile

$12,890

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 6.7% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

18th percentile

-20%

Faster asset growth than 18% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

88th percentile

131%

Faster revenue growth than 88% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets97th percentile

Assets

Down

$9,781

Down $2,516 (-20%) from 2020

Net Assets

Up

-$11,492

Up $6,630 (+37%) from 2020

Liabilities

Down

$21,273

Down $9,146 (-30%) from 2020

Revenue And Expenses
Liabilities / Revenue80th percentileNet Margin42nd percentile

Revenue

Up

$192,088

Up $108,926 (+131%) from 2020

Expenses

Up

$185,458

Up $105,511 (+132%) from 2020

Net Income

Up

$6,630

Up $3,415 (+106%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth18th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0-$100KAssets 2018: $14,866Liabilities 2018: $1,239Net Assets 2018: $13,6272018Assets 2019: $7,841Liabilities 2019: $29,354Net Assets 2019: -$21,5132019Assets 2020: $12,297Liabilities 2020: $30,419Net Assets 2020: -$18,1222020Assets 2021: $9,781Liabilities 2021: $21,273Net Assets 2021: -$11,4922021Assets 2022: $17,660Liabilities 2022: $18,224Net Assets 2022: -$5642022Assets 2023: $174,921Liabilities 2023: $68,672Net Assets 2023: $106,2492023Assets 2024: $216,786Liabilities 2024: $154,170Net Assets 2024: $62,6162024

Highlighted filing

2021

Assets$9,781
Liabilities$21,273
Net Assets-$11,492
Open 2021 Filing

Operations Trend

Revenue Growth88th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2018: $66,797Expenses 2018: $53,170Net Income 2018: $13,6272018Revenue 2019: $92,801Expenses 2019: $127,766Net Income 2019: -$34,9652019Revenue 2020: $83,162Expenses 2020: $79,947Net Income 2020: $3,2152020Revenue 2021: $192,088Expenses 2021: $185,458Net Income 2021: $6,6302021Revenue 2022: $225,292Expenses 2022: $214,364Net Income 2022: $10,9282022Revenue 2023: $543,504Expenses 2023: $436,691Net Income 2023: $106,8132023Revenue 2024: $458,215Expenses 2024: $501,848Net Income 2024: -$43,6332024

Highlighted filing

2021

Revenue$192,088
Expenses$185,458
Net Income$6,630
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Mar 29, 2022
Return Version
2021v4.2
Gross Receipts
$192,088
Mission and Program Overview

Mission

Counseling and training for low income youthvia youth basketball activites

Program Services

DescriptionGrantsExpenses
COUNSELING AND TRAINING FOR LOW INCOME YOUTH VIA YOUTH BASKETBALL ACTIVITIES$0$0
Compensation and Service Providers
Top Officer Pay82nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KENDRICK DAVISExecutive DirectorFT$12,890-$12,890
RUSSELL LEWISVice-President-$0--
NIESHA BROWNSecretary-$0--
KENDRA DAVISTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Principles First Inc
EIN
82-3634170
Phone
7133023376
Address
24949 KATY RANCH ROAD UNIT 1805, KATY, TX 77494

Signing Officer

Name
Kendrick Davis
Title
President
Phone
7133023376
Signed
2022-03-29
Discuss with paid preparer
Yes

Preparer

Firm
Fred Allen Jr CPA
Address
907 SOUTH FRIENDSWOOD STE216, FRIENDSWOOD, TX 77546
Phone
7135219805
Raw XML Appendix147 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0KENDRICK DAVIS
IRS990EZ/BooksInCareOfDetail/PhoneNum07133023376
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt024949 KATY RANCH ROAD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0KATY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd077494
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IRS990EZ/DonorAdvisedFndsInd00
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IRS990EZ/GrossReceiptsAmt0192088
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LoansToFromOfficersAmt015273
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd01
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-18122
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-11492
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-18122
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-11492
IRS990EZ/OccupancyRentUtltsAndMaintAmt0139944
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KENDRICK DAVIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1RUSSELL LEWIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2NIESHA BROWN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3KENDRA DAVIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE-PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0COUNSELING AND TRAINING FOR LOW INCOME YOUTHVIA YOUTH BASKETBALL ACTIVITES
IRS990EZ/ProgramServiceRevenueAmt0192088
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0COUNSELING AND TRAINING FOR LOW INCOME YOUTH VIA YOUTH BASKETBALL ACTIVITIES
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt012890
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt030419
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt021273
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0185458
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt0192088
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0192089
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt083162
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt092801
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt066797
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0434849
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0434849
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0192089
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt083162
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt092801
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt066797
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0434849
IRS990ScheduleA/TotalSupportAmt0434849
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt015273
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0WORKING CAPITAL
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt01239
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0KENDRICK DAVIS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd00
IRS990ScheduleL/TotalBalanceDueAmt015273
TransferPrsnlBnftContractsDecl/DeclarationDesc0The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KENDRICK DAVIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07133023376
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-03-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PRINCIPLES FIRST INC
ReturnHeader/Filer/BusinessNameControlTxt0PRIN
ReturnHeader/Filer/EIN0823634170
ReturnHeader/Filer/PhoneNum07133023376
ReturnHeader/Filer/USAddress/AddressLine1Txt024949 KATY RANCH ROAD UNIT 1805
ReturnHeader/Filer/USAddress/CityNm0KATY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077494
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0760293372
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Fred Allen Jr CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0907 SOUTH FRIENDSWOOD STE216
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FRIENDSWOOD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd077546
ReturnHeader/PreparerPersonGrp/PhoneNum07135219805
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-03-29T14:28:10-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KENDRICK
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0DAVIS
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$9,781
Liabilities
$21,273
Net assets
-$11,492
Revenue
$192,088
Expenses
$185,458
Net income
$6,630
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.17$1.54$0.63$4.58$5.02$0.44
2023Detailed filing. Detailed filing data is available for this year.$1.75$0.69$1.06$5.44$4.37$1.07
2022Detailed filing. Detailed filing data is available for this year.$0.18$0.18$0.01$2.25$2.14$0.11
2021Detailed filing. Detailed filing data is available for this year.$0.10$0.21$0.11$1.92$1.85$0.07
2020Detailed filing. Detailed filing data is available for this year.$0.12$0.30$0.18$0.83$0.80$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.08$0.29$0.22$0.93$1.28$0.35
2018Detailed filing. Detailed filing data is available for this year.$0.15$0.01$0.14$0.67$0.53$0.14