THE PRINCIPIA CORPORATION Charity Report

Public IRS 990 nonprofit record

THE PRINCIPIA CORPORATION

EIN 43-0652667 · Education (B200)

What they do

Principias Primary Purpose is to Serve The Cause of Christian Science As An Independent Educational Institution, Providing Pre-k - 12th Grade Education On Its Campus In St. Louis County, Missouri, and College Education On Its Campus In Elsah, Illinois.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $74.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders35 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

53.48%of revenue went to mission work74.6% of expenses · Program services

3.07%of revenue went to fundraising4.3% of expenses

$71.74spent for every $100 of revenueRevenue covered expenses this year.

15.19%of revenue went to management and office costs21.2% of expenses

$11.34in assets for every $1 spent this yearSome assets cannot be spent right away.

23.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $436,410 for BARBARA BLACKWELL (CHIEF EXECUTIVE). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$158,233,307

Mission workProgram services$84,627,29253.48% of revenue74.6% of expenses

ManagementOffice and general costs$24,028,07515.19% of revenue21.2% of expenses

FundraisingAsking for donations$4,856,7103.07% of revenue4.3% of expenses

Revenue left after expensesReported annual surplus$44,721,23028.26% of revenueShown in gray on the chart

Total expenses$113,512,07771.74% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 74.6% mission · 21.2% management · 4.3% fundraisingTotal expenses: 71.74% of revenue

2023Expense mix: 75.3% mission · 20.8% management · 4.0% fundraisingTotal expenses: 97.27% of revenue

2022Expense mix: 77.6% mission · 18.4% management · 4.0% fundraisingTotal expenses: 118.20% of revenue

2021Expense mix: 77.9% mission · 17.7% management · 4.4% fundraisingTotal expenses: 35.83% of revenue

2020Expense mix: 73.1% mission · 22.9% management · 3.9% fundraisingTotal expenses: 83.73% of revenue

2019Expense mix: 75.9% mission · 19.9% management · 4.3% fundraisingTotal expenses: 98.54% of revenue

2018Expense mix: 77.8% mission · 17.6% management · 4.6% fundraisingTotal expenses: 92.43% of revenue

2017Expense mix: 77.8% mission · 17.8% management · 4.4% fundraisingTotal expenses: 104.97% of revenue

Money in and money out

Revenue$158,233,307

Expenses$113,512,077

Annual surplus $44,721,230 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$84,627,292 · 74.6% of expenses

Management and office costs$24,028,075 · 21.2% of expenses

Fundraising$4,856,710 · 4.3% of expenses

See all reported dollar amounts

Revenue$158,233,307

Expenses$113,512,077

Assets$1,286,700,453

Income$229,437,036

Contributions$36,434,000

Mission work (program services)$84,627,292

Fundraising$4,856,710

Grants given$104,726

Average grant$11,636

Management and general$24,028,075

Stocks and bonds$312,959,239

Accounting fees$207,244

Investing fees$8,099,872

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

BARBARA BLACKWELLCHIEF EXECUTIVE · 40 hrs/week $436,410Base $306,539 · Other $129,871

MERRY SORRELLSHEAD OF SCHOOL · 40 hrs/week $352,769Base $282,650 · Other $70,119

DANIEL NORTONCOLLEGE PRESIDENT · 40 hrs/week $352,044Base $268,483 · Other $83,561

HANS FREDRIKSONCHIEF INVESTMENT OFFICER · 40 hrs/week $323,703Base $300,156 · Other $23,547

THOMAS NICKELLCFO/COO · 40 hrs/week $286,540Base $269,134 · Other $17,406

LEE BARRONASSISTANT SECRETARY/GENERAL COUNSEL · 40 hrs/week $262,187Base $231,732 · Other $30,455

SARAH NEALE RANDCHIEF ADVANCEMENT, MARKETING AND COMMUNICATIONS OF · 40 hrs/week $255,517Base $196,128 · Other $59,389

JENNIFER SILVERCHIEF HUMAN RESOURCES OFFICER · 40 hrs/week $226,934Base $155,999 · Other $70,935

SAMANTHA DRYPRINCIPAL, UPPER SCHOOL AND MIDDLE SCHOOL · 40 hrs/week $223,740Base $197,152 · Other $26,588

TAMARA GAVALETZDIRECTOR OF SCHOOL BUSINESS OPS · 40 hrs/week $219,449Base $162,182 · Other $57,267

ELISE CROWLEGAL ADVISOR/ATTORNEY · 40 hrs/week $209,976Base $149,127 · Other $60,849

DONALD D MILLERASSISTANT SECRETARY/ ASSIST. CFO · 40 hrs/week $202,880Base $194,245 · Other $8,635

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (35)

BARBARA BLACKWELLCHIEF EXECUTIVE

MERRY SORRELLSHEAD OF SCHOOL

DANIEL NORTONCOLLEGE PRESIDENT

HANS FREDRIKSONCHIEF INVESTMENT OFFICER

THOMAS NICKELLCFO/COO

LEE BARRONASSISTANT SECRETARY/GENERAL COUNSEL

SARAH NEALE RANDCHIEF ADVANCEMENT, MARKETING AND COMMUNICATIONS OF

JENNIFER SILVERCHIEF HUMAN RESOURCES OFFICER

SAMANTHA DRYPRINCIPAL, UPPER SCHOOL AND MIDDLE SCHOOL

TAMARA GAVALETZDIRECTOR OF SCHOOL BUSINESS OPS

ELISE CROWLEGAL ADVISOR/ATTORNEY

DONALD D MILLERASSISTANT SECRETARY/ ASSIST. CFO

TERRY GRIGSBYASSISTANT HEAD OF SCHOOL FOR ENROLLMENT MANAGEMENT

JOY FOWLERCOLLEGE CHIEF OPERATIONS OFFICER (THRU MARCH 1, 20

BRIAN ROBERTSASSOC DEAN OF ACADEMIC ASSESSMENT & CURRICULUM

EDWARD MCCARTYASSIST. SECRETARY/DIRECTOR OF PRINCIPAL GIFTS

JULIE HOLSERASSISTANT SECRETARY/CONTROLLER

STEVEN STOCKDIRECTOR OF FACILITIES

ROBERT MACDONALDFORMER TRUSTEE

TERRY MCNABBTRUSTEE

GAVIN CAMPBELLTRUSTEE

TODD BOYMANVICE CHAIR (BEGIN JUNE 8, 2025)

CHESTNUT BOOTHTRUSTEE

D STEPHEN DEWINDTVICE CHAIR (THRU JUNE 7, 2025)

DAVID WALTERSTREASURER

SCOTT L SCHNEBERGERBOARD CHAIR (THRU JUNE 7, 2025), TRUSTEE

ELISABETH BRINTONTRUSTEE

ANN AUSTINTRUSTEE (BEGIN JUNE 2025)

PATRICIA SARKISIANSECRETARY

MICHAEL DISTELTRUSTEE (THROUGH AUG 16, 2024)

IAN FORBER-PRATTTRUSTEE

LIZ CROWTRUSTEE / EXEC COMM MEMBER-AT-LARGE

LISLE S STIGLERTRUSTEE

INEZ MAUBANE JONESTRUSTEE

KRISTIN JAMERSONBOARD CHAIR (BEGIN JUNE 8, 2025)

About this charity

Recognized since: January 1951
Location: 13201 Clayton Road, St Louis, MO 63131
County: St. Louis
In care of: Donald D Miller
Primary officer: Donald D Miller, Assistant Chief Financial Officer

How to reach them

WebsiteVisit the charity’s website Phone(314) 434-2100 Officer phone(314) 514-3103

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: CROWE LLP
NTEE classification: Education (B200)
Grant-giving organization: Yes