Civic Intelligence

First Principles Forum

990 • Fiscal year 2021 • EIN 86-3286469

Jan 01, 2021 to Dec 31, 2021 • Filed on Sep 09, 2022

Organization ProfileWWW.FIRSTPRINCIPLESFORUM.ORG
545 E 70th StIndianapolis, IN 46220

(317) 340-1357

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Net Margin

70th percentile

25%

Higher net margin than 70% of similar nonprofits.

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

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

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

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Balance Sheet
Liabilities / Assets56th percentile

Assets

$61,546

No earlier filing loaded for comparison.

Net Assets

$61,546

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin70th percentile

Revenue

$244,170

No earlier filing loaded for comparison.

Expenses

$182,624

No earlier filing loaded for comparison.

Net Income

$61,546

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$200K$150K$100K$50K$0Assets 2021: $61,546Liabilities 2021: $0Net Assets 2021: $61,5462021Assets 2024: $168,678Liabilities 2024: $0Net Assets 2024: $168,6782024

Highlighted filing

2021

Assets$61,546
Liabilities$0
Net Assets$61,546
Open 2021 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$300K$200K$100K$0Revenue 2021: $244,170Expenses 2021: $182,624Net Income 2021: $61,5462021Revenue 2024: $83,765Expenses 2024: $43,259Net Income 2024: $40,5062024

Highlighted filing

2021

Revenue$244,170
Expenses$182,624
Net Income$61,546
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Sep 9, 2022
Return Version
2021v4.2
Gross Receipts
$244,170
Mission and Program Overview

Mission

First principles forum, inc. Was formed to support educational development in marion county indiana and its surrounding counties. Additionally, the organization supports other 501(c)(3) organizations, as defined in the internal revenue code.

First principles forum, inc. Is organized to support educational development in marion county, indiana and its surrounding counties.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$61,546-
Rtn Earn Endowment Incm Other Fnds$0$61,546▲ $61,546
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$0$61,546▲ $61,546
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$61,546▲ $61,546
Total Liabilities and Net Assets / Fund Balance$0$61,546▲ $61,546
Compensation and Service Providers
Top Officer Pay77th percentile

Board Members and Trustees

NameTitle
Heather CrossinPresident
Erin TuttleSecretary
Joseph Lee CrannellTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$127,087
Program Service Revenue
$117,070
Investment Income
$13
Other Revenue
$0
All Other Contributions
$127,087
Change in Net Assets
$61,546
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$181,315
Professional Fundraising Fees$1,309
Total Fundraising Expense$1,309
Grants and Similar Amounts Paid$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$16,593--$16,593
Fees for Services Professional Fundraising--$1,309$1,309
Total Functional Expenses$181,315$0$1,309$182,624
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$1,309
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The form 990 is prepared for the current year and then reviewed by the board before filing.”

Form 990, Part VI, Section C, Line 19

“First principles forum's governance documents and conflict of interest policy are available to the public upon request to the president of first principles.”

Filing and Contact Details

Filer

Filer Name
First Principles Forum Inc
EIN
86-3286469
Phone
3173401357
Address
545 E 70TH ST, INDIANAPOLIS, IN 46220

Signing Officer

Name
Heather Crossin
Title
President
Phone
3173401357
Signed
2022-09-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Heather Crossin
Formed
2021
Legal Domicile
In
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
25

Preparer

Firm
Ksm Business Services Inc
Address
PO BOX 40857, INDIANAPOLIS, IN 46240
Preparer
Casse Tate
Phone
3175802000
Raw XML Appendix276 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.

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IRS990/MoreThan5000KToIndividualsInd00
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IRS990/NetAssetsOrFundBalancesEOYAmt061546
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ReturnHeader/ReturnTs02022-10-06T12:57:39-05:00
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ReturnHeader/TaxPeriodBeginDt02021-04-15
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$61,546
Liabilities
$0
Net assets
$61,546
Revenue
$244,170
Expenses
$182,624
Net income
$61,546
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.69$0.00$1.69$0.84$0.43$0.41
2021Detailed filing. Detailed filing data is available for this year.$0.62$0.00$0.62$2.44$1.83$0.62