THE PRINCIPLE WIFE INC (EIN 871174063) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2021

Legal Domicile

Principal Officer

MATTHEW BALL

Phone

8183889273

Tax Period

2023-01-01 to 2023-12-31

THE PRINCIPLE WIFE INC, founded in 2021, is a small nonprofit in the Arts, Culture & Humanities sector that reported $558K in total revenue in fiscal year 2023. Expenses of $537K left a modest 4% surplus.

Mission

The purpose of The Principle Wife, Inc. is to develop and disseminate a creative work with educational and religious purpose.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $522,205

Program Service Revenue $35,629

Investment Income $0

Other Revenue $0

TOTAL REVENUE $557,834

Expense Breakdown

Grants Paid $0

Salaries & Benefits $210,880

Fundraising Expenses $0

Program Expenses $429,741

Other Expenses $326,295

TOTAL EXPENSES $537,175

Year-over-Year Comparison

	2023	2022	Change
Revenue	$557,834	N/A	N/A
Expenses	$537,175	N/A	N/A
Net Income	$20,659	N/A	N/A

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$42,887

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JONATHAN KEITH	Vice President	4.00	Officer	$42,887	$0	$42,887
DAVID ORTON	Treasurer/Direc	3.00	Officer Director	$0	$0	$0
SHANNON BROWN	Director	0.10	Director	$0	$0	$0
RONALD C GUNNELL	Director	0.10	Director	$0	$0	$0
LORI ORTON	Director	0.10	Director	$0	$0	$0
WALTER FERGUSON	Director	0.10	Director	$0	$0	$0
MATTHEW BALL	Executive Dir.	20.00	Officer	$0	$0	$0
MARK GREENHALGH	Vice President	10.00	Officer	$0	$0	$0
DANIEL CHRISTENSEN	Secretary	3.00	Officer	$0	$0	$0
TANYA BALL	Secretary	5.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2023	$557,834	$537,175	$20,659	$20,659

THE PRINCIPLE WIFE INC