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Filing year 2023

PRINCIPIO FURNACE FOUNDATION INC

Perryville, Maryland·EIN 52-2325524·NTEE T23 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$123k
Total assets
$230k
Total expenses
$134k
Reported officers
3

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide.

Secretary
Board Secretary
Median to 75th percentile
$38k
$43k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 2 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at PRINCIPIO FURNACE FOUNDATION INC equaled 29% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
29%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$37k

Itemized grants

9

Median grant

$5k

RecipientLocationPurposeAmount
YOUTH EMPOWERMENT SERVICESELKTON, MDGENERAL OPERATIONS$8k
PERRYVILLE HIGH SCHOOLPERRYVILLE, MDGENERAL OPERATIONS$7k
CECIL COLLEGE FOUNDATIONNORTH EAST, MDYEARLY DONATION$5k
HABITAT FOR HUMANITY SUSQUEHANNABEL AIR, MDGENERAL OPERATIONS$5k
BOY'S AND GIRL'S CLUB OF CECIL COUNTYABERDEEN, MDGENERAL OPERATIONS$5k
THE ARCABERDEEN, MDGENERAL OPERATIONS$2k
FREEDOM HILLSPORT DEPOSIT, MDTHERAPEUTIC RIDING PROGRAM$2k
CHARLESTOWN ELEMENTARY SCHOOLCHARLESTOWN, MDGENERAL OPERATIONS$2k
YMCA OF CECIL COUNTYELKTON, MDGENERAL OPERATIONS$1k

This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about PRINCIPIO FURNACE FOUNDATION INC

What does the Board Secretary of PRINCIPIO FURNACE FOUNDATION INC earn?

In 2023, the Board Secretary of PRINCIPIO FURNACE FOUNDATION INC received $38,400 in total compensation. This pay is above the median (the midpoint) for Board Secretary roles among Philanthropy, Voluntarism & Grantmaking organizations nationwide, within the top half of comparable filings. Based on IRS Form 990 data.

How does Board Secretary pay at PRINCIPIO FURNACE FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide, the 2023 pay of the Board Secretary at PRINCIPIO FURNACE FOUNDATION INC falls between the median and the 75th percentile. In 2023, the highest total compensation at PRINCIPIO FURNACE FOUNDATION INC equaled 29% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are PRINCIPIO FURNACE FOUNDATION INC's revenue and expenses?

In 2023, PRINCIPIO FURNACE FOUNDATION INC reported $123k in total revenue and $134k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.