Principia Corporation
75% goes to programs $20 to raise $100 Strong reserves
Principia Corporation is a 501(c)(3) organization based in Saint Louis, Missouri, registered in 1951, with $111,330,444 in FY2023 revenue. CharityIndex grades it A, and it directs about 75% of spending to programs.
13201 Clayton Rd, Saint Louis, MO, 63131 EIN 43-0652667 Since 1951
Revenue (FY2023)
$111.3M
▲ 30.2% vs prior year
Education median: $200K
Expenses (FY2023)
$108.3M
Net assets
$1.2B
Employees
1,221
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
B+Program efficiency40% of the rating75% to programs · $20 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Principia Corporation: 75% to programs · $20 to raise $100 earns a B+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating128 mo reserves · +3% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Principia Corporation: 128 mo reserves · +3% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Principia Corporation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Principia Corporation: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
The principia shall seek to serve the cause of christian science through appropriate channels open to it as an educational institution.
What they do
Auxiliary enterprises: food services are provided to students, faculty, and staff through two full-service dining rooms, plus a student grill. dormitories provide housing at principia college. the st. louis campus accepts both day and boarding students. students may purchase a variety of school supplies, books, clothing, and personal items at either the college or school bookstore.
Student services: includes admissions, registrar, college athletics, office of student life, and health services. principia college is a member of the st. louis intercollegiate athletic conference (sliac), which includes 10 colleges located in kentucky, illinois, iowa, and missouri. principia teams compete in 8 men's and 8 women's sports. no athletic scholarships are offered by any member of sliac. principia college maintains several athletic facilities, including an athletic center, natatorium, field house, indoor tennis center, 4 outdoor fields, outdoor tennis courts, and running trails. upper school students may participate in the st. louis metro league in one or more sports of the 18 offered. the athletic facilities include 3 gymnasiums, an indoor swimming pool, soccer fields, football field, all-weather running track, baseball and softball fields, tennis courts, ropes course, and cross country course. the recently completed bill simon field house, a state-of-the-art 80,000+sq ft facility with championship-level performance spaces, character lab, locker rooms, and fitness center, serves as an integral school and community resource. the office of student life coordinates college social activities, international student support, residential living, and student government.
Other: other services, including academic support
Contact & location
- Address
- 13201 Clayton Rd, Saint Louis, MO, 63131
- City
- Saint Louis
- State
- Missouri
- Category
- Education
- Subcategory
- Elementary & Secondary Schools
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $77.9M (FY2013) to $111.3M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $55.6MNet assets $1.2B
Operating margin
2.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.2B
Total liabilities
$55.6M
Net assets
$1.2B
Salaries & benefits
$52.1M
48% of expenses
Board members
15
11 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $111,330,444▲30.2% | $108,287,496▲7.1% | $1,150,869,441▲6.7% | $1,206,423,023▲6.0% | 990 |
| 2022 | $85,500,016▼66.7% | $101,062,746▲9.8% | $1,078,937,070▲2.3% | $1,138,240,701▲1.5% | 990 |
| 2021 | $256,921,200▲136% | $92,064,990▲0.9% | $1,054,832,543▲6.6% | $1,121,774,918▲5.5% | 990 |
| 2020 | $108,938,341▲16.3% | $91,217,651▼1.2% | $989,190,415▲24.2% | $1,062,983,927▲21.5% | 990 |
| 2019 | $93,673,823▼7.5% | $92,306,242▼1.4% | $796,192,808▼4.0% | $874,970,222▼0.4% | 990 |
| 2018 | $101,259,657▲12.7% | $93,589,803▼0.8% | $829,087,965▲0.1% | $878,107,421▲0.4% | 990 |
| 2017 | $89,880,630▲7.0% | $94,344,488▲10.1% | $828,049,754▲3.0% | $874,178,798▲2.7% | 990 |
| 2016 | $83,997,290▲11.9% | $85,685,432▼0.5% | $803,805,548▲6.6% | $851,005,046▲5.3% | 990 |
| 2015 | $75,092,245▼16.1% | $86,119,211▲6.0% | $753,721,066▲0.8% | $807,818,630▲1.5% | 990 |
| 2014 | $89,489,188▲14.9% | $81,208,157▲4.7% | $748,052,678▼2.8% | $796,108,407▼2.5% | 990 |
| 2013 | $77,872,464 | $77,599,535▲1.6% | $769,853,765▲10.1% | $816,847,704▲9.5% | 990 |
| 2012 | — | $76,393,491▼0.1% | $699,420,922▲6.6% | $746,094,458▲5.5% | 990 |
| 2011 | — | $76,438,228▲0.5% | $656,302,550▼4.9% | $707,408,084▼4.2% | 990 |
| 2010 | — | $76,035,705▲6.7% | $689,773,923▲10.3% | $738,440,825▲9.5% | 990 |
| 2009 | — | $71,271,397 | $625,099,265 | $674,275,990 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Barbara Blackwell — $287,454 (0.27% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Barbara Blackwell | Chief Executive | 40 | $287,454 |
| Merry Sorrells | Head of School | 40 | $270,663 |
| Lee Barron | Assistant Secretary/general Counsel | 40 | $248,007 |
| Thomas Nickell | Cfo/coo | 40 | $245,521 |
| Howard E Berner Jr | Chief Investment Officer (thru Aug 2023) | 40 | $227,578 |
| Donald D Miller | Controller (thru Jan 2024), Assist. Cfo and Assist. Secretary | 40 | $187,454 |
| Sarah Neale Rand | Chief Advancement, Marketing and Communications Officer (begin March 2023) | 40 | $184,924 |
| Samantha Dry | Upper (begin Feb 2023) and Middle School Principal | 40 | $169,366 |
| Daniel Norton | College President (begin July 2023) | 40 | $162,531 |
| Terry Grigsby | Assistant Head of School For Enrollment Management | 40 | $161,421 |
| Tamara Gavaletz | Director of School Bus Ops | 40 | $158,471 |
| John Williams | College President (through June 2023) | 40 | $156,058 |
| Meggan Madden | Academic Dean (through Sept 2023) | 40 | $150,850 |
| Hans Fredrikson | Chief Investment Officer (begin July 2023) | 40 | $148,218 |
| Joy Turnbaugh | College Chief Operations Officer | 40 | $145,120 |
| Christen Alford | Upper School Principal (through May 2023) | 40 | $145,079 |
| Brian Roberts | Interim Dean of Academics | 40 | $143,673 |
| Erin Rainwater | Dean of Students | 40 | $142,787 |
| Edward Mccarty | Assist. Secretary/director of Planned Giving | 40 | $133,841 |
| Terry Mcnabb | Trustee (begin Nov 2, 2023) | 5 | $9,000 |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Helmkamp Construction Co | Construction Materials and Services | $7,716,909 |
| Old World Roofing | Construction Materials and Services | $679,655 |
| Orbridge LLC | Travel (transport, Accommodations, Fees) | $667,247 |
| Global Travel Alliance Inc | Travel (transport, Accommodations, Fees) | $633,850 |
| Christner Architects | Professional Services | $578,884 |
Grants received · $9.5M total
70 grants to Principia Corporation totaling $9.5M, reported by foundations on their Schedule I filings — showing the 15 most recent.
Grants made · $12K in FY2023
1 grant totaling $12K in FY2023. All grants made by Principia Corporation →
| Recipient | Purpose | Amount |
|---|---|---|
| Cedars Camps | To aid cedars camps in providing assistance to principia in the form of food, housing, and activities for international students during summer break. | $12,000 |
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Frequently asked questions
- Is Principia Corporation a legitimate nonprofit?
- Yes. Principia Corporation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 43-0652667, based in Saint Louis, Missouri. Donations are tax-deductible.
- What is Principia Corporation's EIN?
- Principia Corporation's Employer Identification Number (EIN) is 43-0652667.
- How much revenue does Principia Corporation report?
- Principia Corporation reported $111,330,444 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Principia Corporation's spending goes to programs?
- Principia Corporation spends about 75% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Principia Corporation have?
- CharityIndex grades Principia Corporation A, based on program efficiency and fundraising cost.
- How much does Principia Corporation's highest-paid employee make?
- The highest reported compensation on Principia Corporation's latest Form 990 is $287,454, paid to Barbara Blackwell (Chief Executive).
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Explore more
Data for Principia Corporation (EIN 43-0652667) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.