# Principles First Inc

Youth centers and clubs nonprofit in Katy, Texas 77493. EIN 82-3634170. Data as of November 8, 2026.

Page: https://backpr.com/find/nonprofit/823634170-principles-first-inc

## Mission (the organization's own words)

> To become a premier organization for developing elite-level basketball in the Houston area

Source: Form 990, year ending Dec 2024: https://projects.propublica.org/nonprofits/organizations/823634170/202502429349300310/full

## IRS facts

- Type: Youth centers and clubs (IRS activity code O20)
- Tax status: 501(c)(3), contributions deductible, recognized 2018
- Source: IRS Business Master File, posted October 13, 2026: https://www.irs.gov/charities-non-profits/exempt-organizations-business-master-file-extract-eo-bmf

## Finances (IRS Form 990 e-file data)

| Year ending | Revenue | Expenses | Assets | Net assets | Employees | Volunteers | Source |
|---|---|---|---|---|---|---|---|
| Dec 2024 | $458,215 | $501,848 | $216,786 | $62,616 | 0 | 0 | [Form 990](https://projects.propublica.org/nonprofits/organizations/823634170/202502429349300310/full) |
| Dec 2021 | $192,088 | $185,458 | $9,781 | -$11,492 | - | - | [Form 990-EZ](https://projects.propublica.org/nonprofits/organizations/823634170/202210889349201001/full) |

Expense split, year ending Dec 2024: programs $501,848 (100%), management $0 (0%), fundraising $0 (0%).

Revenue sources, year ending Dec 2024: gifts and grants $0, program fees $458,215, investment income $0.

Growth label: **Growing** (about +34% a year, Dec 2021 to Dec 2024). Growth label: we compare total revenue on the oldest and the newest return shown above. Growing means revenue rose by more than 10% a year on average, Shrinking means it fell by more than 10% a year, and Steady means a change between -10% and +10% a year. The rate is the compounded yearly average between the two returns, so it hides ups and downs in between (see the table). We only label groups with returns at least a year apart and at least $5,000 of revenue on the oldest one. This is our own calculation, not an IRS rating or a judgment of quality.

## How it compares

- Revenue rank: 4 of 80 youth development nonprofits in Katy.
- Revenue $458,215 is higher than roughly 70 to 80% of 994 youth development nonprofits in Texas; median $150,415.
- Source: IRS Business Master File, posted October 13, 2026; BackPR analysis.

## Local context

- Harris County, Texas: about 1,272,618 children under 18 (U.S. Census Bureau, July 1, 2024): https://www2.census.gov/programs-surveys/popest/datasets/2020-2024/counties/asrh/cc-est2024-agesex-all.csv
- 2,084 youth and community nonprofits in this directory in the county: 1.6 per 1,000 children.
- Licensed programs in Katy: 130 licensed child care centers, 43 school-age programs: https://backpr.com/find/texas/katy
- Texas rules: https://backpr.com/resources/states/texas

## Questions

**What is Principles First Inc's EIN?**

Principles First Inc's EIN (Employer Identification Number) is 82-3634170. It is the nine-digit number the IRS uses to identify the organization. Source: IRS Exempt Organizations Business Master File posted October 13, 2026.

**Is Principles First Inc a nonprofit?**

Yes. The IRS lists Principles First Inc in Katy, Texas as tax-exempt under section 501(c)(3), recognized since 2018. This is from the IRS Business Master File posted October 13, 2026. Status can change, so check its current status on the IRS Tax Exempt Organization Search before you donate.

**Are donations to Principles First Inc tax-deductible?**

Yes, the IRS lists gifts to Principles First Inc as tax-deductible (IRS Business Master File posted October 13, 2026). How much you can deduct depends on your own taxes, and this is not tax advice. Check its current status on the IRS Tax Exempt Organization Search before you donate.

**What does Principles First Inc do?**

In its own words on its Form 990 for the year ending Dec 2024: "To become a premier organization for developing elite-level basketball in the Houston area" The IRS classifies it as: Youth centers and clubs.

**How much money does Principles First Inc take in?**

For the year ending Dec 2024, Principles First Inc reported total revenue of $458,215 and total expenses of $501,848 on its Form 990 (IRS Form 990 e-file data).

---
Data as of November 8, 2026. Sources: IRS Business Master File, IRS Form 990 series e-file data, U.S. Census Bureau. No officer or staff names are published.