Liabilities / Assets
59th percentile
Tied with the lowest-debt nonprofits in its peer group.
Principle Project Initiative Inc
EIN 88-4176973 • 501(c)3 • Toledo, OH
Profile
The primary activity of principle project initiative, inc. (ppi) is to promote education, science, and religion by providing financial support to programs that exhibit critical thinking in order to assist in the development of such critical thinking skills with the end of promoting peace and conflict resolution. The activity initially will be conducted by supporting programs at principia college located in elsah, illinois.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.00x
Liabilities / Revenue
61st percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
74th percentile
Higher net margin than 74% of similar nonprofits.
Top Officer Pay
84th percentile
Higher top officer pay than 84% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
$22,454
No earlier filing loaded for comparison.
Liabilities
$0
No earlier filing loaded for comparison.
Net Assets
$22,454
No earlier filing loaded for comparison.
Revenue
$85,000
No earlier filing loaded for comparison.
Expenses
$68,500
No earlier filing loaded for comparison.
Net Income
$16,500
No earlier filing loaded for comparison.
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $22,454
- Liabilities
- $0
- Net assets
- $22,454
- Revenue
- $85,000
- Expenses
- $68,500
- Net income
- $16,500
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Jul 16, 2025
- Return Version
- 2024v5.2
- Gross Receipts
- $85,000
Mission and Program Overview
Mission
The primary activity of principle project initiative, inc. (ppi) is to promote education, science, and religion by providing financial support to programs that exhibit critical thinking in order to assist in the development of such critical thinking skills with the end of promoting peace and conflict resolution. The activity initially will be conducted by supporting programs at principia college located in elsah, illinois.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| PPI MADE GRANTS AND DISTRIBUTIONS TO CREATE OR ENHANCE PROGRAMS THAT CENTER AROUND THREE AREAS: BUSINESS AND INNOVATION PROGRAMS, ENVIRONMENT SUSTAINABILITY AND ECOLOGY, AND JOURNALISM. ALL GRANTS AND DONATIONS ARE DRIVEN BY THE OVERARCHING GOAL OF PROMOTING EDUCATION, SCIENCE, AND RELIGION BY ENCOURAGING AND DEVELOPING CRITICAL THINKING SKILLS. | $68,500 | $68,500 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| CHARLES STOCKING | President | - | $0 | - | - |
| CAROL STOCKING | Vice President | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Principle Project Initiative Inc
- EIN
- 88-4176973
- Phone
- 4194080074
- Address
- 420 MADISON AVE STE 1012, TOLEDO, OH 43604
Signing Officer
- Name
- Charles Stocking
- Title
- President
- Phone
- 4194080074
- Signed
- 2025-07-16
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Rehmann Robson LLC
- Address
- 7124 W CENTRAL AVE, TOLEDO, OH 43617
- Preparer
- Steven F Amrose CPA Mi
- Phone
- 4198658118
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid
“Activity classification: scholarship grant. Grantee name: individual over 5k. Date of gift: 01/27/24. Amount given: 50,000.”
Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid
“Activity classification: scholarship grant. Grantee name: individual over 5k. Date of gift: 01/27/24. Amount given: 10,000.”
Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid
“Activity classification: scholarship grants. Grantee name: 7 grantees 500 each. Date of gift: 03/02/24. Amount given: 3,500.”
Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid
“Activity classification: scholarship grant. Grantee name: individual over 5k. Date of gift: 03/09/24. Amount given: 5,000. Total included on form 990-ez, line 10: 68,500.”
Raw XML Appendix140 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/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | CHARLES STOCKING |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 4194080074 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 420 MADISON AVE STE 1012 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | TOLEDO |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | OH |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 43604 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 5954 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 22454 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 85000 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 16500 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 5954 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 22454 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 68500 |
| IRS990EZ/GrossReceiptsAmt | 0 | 85000 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InitialReturnInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 5954 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 22454 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 5954 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 22454 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | CHARLES STOCKING |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | CAROL STOCKING |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE PRESIDENT |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE PRIMARY ACTIVITY OF PRINCIPLE PROJECT INITIATIVE, INC. (PPI) IS TO PROMOTE EDUCATION, SCIENCE, AND RELIGION BY PROVIDING FINANCIAL SUPPORT TO PROGRAMS THAT EXHIBIT CRITICAL THINKING IN ORDER TO ASSIST IN THE DEVELOPMENT OF SUCH CRITICAL THINKING SKILLS WITH THE END OF PROMOTING PEACE AND CONFLICT RESOLUTION. THE ACTIVITY INITIALLY WILL BE CONDUCTED BY SUPPORTING PROGRAMS AT PRINCIPIA COLLEGE LOCATED IN ELSAH, ILLINOIS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | PPI MADE GRANTS AND DISTRIBUTIONS TO CREATE OR ENHANCE PROGRAMS THAT CENTER AROUND THREE AREAS: BUSINESS AND INNOVATION PROGRAMS, ENVIRONMENT SUSTAINABILITY AND ECOLOGY, AND JOURNALISM. ALL GRANTS AND DONATIONS ARE DRIVEN BY THE OVERARCHING GOAL OF PROMOTING EDUCATION, SCIENCE, AND RELIGION BY ENCOURAGING AND DEVELOPING CRITICAL THINKING SKILLS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 68500 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 68500 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | OH |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 68500 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 68500 |
| IRS990EZ/TotalRevenueAmt | 0 | 85000 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt | 0 | 85000 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 85000 |
| IRS990ScheduleA/First5Years509Ind | 0 | X |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | THIS ORGANIZATION WAS FORMED 10/11/2022; THEREFORE, 2022 WAS A SHORT TAX YEAR. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | SCHEDULE A PART II |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 85000 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 85000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 0 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt | 0 | 85000 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 85000 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 85000 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 85000 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 85000 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 85000 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | ACTIVITY CLASSIFICATION: SCHOLARSHIP GRANT. GRANTEE NAME: INDIVIDUAL OVER 5K. DATE OF GIFT: 01/27/24. AMOUNT GIVEN: 50,000. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ACTIVITY CLASSIFICATION: SCHOLARSHIP GRANT. GRANTEE NAME: INDIVIDUAL OVER 5K. DATE OF GIFT: 01/27/24. AMOUNT GIVEN: 10,000. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACTIVITY CLASSIFICATION: SCHOLARSHIP GRANTS. GRANTEE NAME: 7 GRANTEES 500 EACH. DATE OF GIFT: 03/02/24. AMOUNT GIVEN: 3,500. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ACTIVITY CLASSIFICATION: SCHOLARSHIP GRANT. GRANTEE NAME: INDIVIDUAL OVER 5K. DATE OF GIFT: 03/09/24. AMOUNT GIVEN: 5,000. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 68,500. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE 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/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | CHARLES STOCKING |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 4194080074 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-07-16 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | PRINCIPLE PROJECT INITIATIVE INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | PRIN |
| ReturnHeader/Filer/EIN | 0 | 884176973 |
| ReturnHeader/Filer/PhoneNum | 0 | 4194080074 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 420 MADISON AVE STE 1012 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | TOLEDO |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | OH |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 43604 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 0 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 383635706 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | REHMANN ROBSON LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 7124 W CENTRAL AVE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | TOLEDO |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | OH |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 43617 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 4198658118 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-07-16 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | STEVEN F AMROSE CPA MI |
| ReturnHeader/ReturnTs | 0 | 2025-10-16T14:17:32-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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