Nonprofit · EIN 47-5629663
PRINCIPIO FOUNDATION
Tax-exempt · LAGUNA BEACH, CA 92651
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $28,862 | $48,846 | -$19,984 | $529,131 | $0 | $529,131 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $19,805
- Interest
- $10
- Net gain from sales of assets
- $9,047
Expenses
- Grants and similar amounts paid
- $30,500
- Disbursements for charitable purposes
- $44,000
- Excise tax on investment income
- $334
Balance sheet and other
- Total assets, start of year
- $549,476
- Total assets, end of year
- $529,131
- Total liabilities, end of year
- $0
- Net assets, end of year
- $529,131
- Fair market value of assets
- $628,756
- Qualifying distributions
- $44,000
- Net investment income
- $28,862
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PAUL GALLAGHER 925 EMERALD BAY, LAGUNA BEACH, CA 92651 | PRESIDENT | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 925 EMERALD BAY, LAGUNA BEACH, CA 92651-1260
- In care of
- % PAUL GALLAGHER
- Signed the 990-PF
- PAUL GALLAGHER, PRESIDENT
- Phone
- (949) 533-5535
- Return prepared by
- FINANCIAL ADVOCATES INC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 47-5629663
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2016
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $529,131
- Income (IRS master file)
- $57,462
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | – | – | – | IRS |
| 990-PF | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $23,758 | $58,365 | $580,992 | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
| 990-PF | December 2017 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.
Questions about PRINCIPIO FOUNDATION
- What is the EIN of PRINCIPIO FOUNDATION?
- The employer identification number (EIN) of PRINCIPIO FOUNDATION is 47-5629663.
- Is PRINCIPIO FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to PRINCIPIO FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does PRINCIPIO FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of PRINCIPIO FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PRINCIPIO FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of PRINCIPIO FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 1 person; 0 received compensation from the organization.
- How much revenue does PRINCIPIO FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $28,862, expenses of $48,846 and total assets of $529,131 at year end.
Other nonprofits in LAGUNA BEACH
- AGO MINISTRIES INC EIN 56-2458850 · last filed 990-EZ for 2026
- MILTON HENRY FOUNDATION EIN 33-0885327 · last filed 990 for 2025
- LAGUNA BEACH COMMUNITY FOUNDATION EIN 20-6390272 · last filed 990 for 2025
- PURA VIDA PHILANTHROPIES EIN 92-0744617 · last filed 990-N for 2025
- ANGELS AMONG US FOUNDATION EIN 46-2275925 · last filed 990-N for 2025
- MOHIBBAT ALRAHMAN INC EIN 86-2841554 · last filed 990-EZ for 2024
- YSF-YOUTH STARTUP FUND EIN 41-3215525 · last filed 990-N for 2025
- DHARMA ENDOWMENT FUND EIN 33-3333939 · last filed 990-N for 2025
All nonprofits in LAGUNA BEACH · California · Philanthropy, voluntarism and grantmaking foundations