Pearls Of Service Foundation
- Assets
- $68.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Farmington Hills, MI
- Founding
- 01/2000
- Data as of
- 12/2022
- EIN
- 38-3479099
Organization Overview
Pearls Of Service Foundation is located in Farmington Hills, MI. The organization was established in 2000. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pearls Of Service Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Pearls Of Service Foundation generated $52.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $74.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
COMMUNITY SERVICE PROGRAMS, CENTERING ON TEEN PROGRAMS, HEALTH PROGRAMS, CHILDHOOD HUNGER, FINANCIAL RESPONSIBILITY, HBCU SUPPORT, GLOBAL IMPACT THROUGH SERVICE AND INCREASED SCHOLARSHIP GIVING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Zena M Kyles President | 25 | $0 | |
Sherrie Ross ESQ Vice President | 15 | $0 | |
Nancy Benjamin Secretary | 15 | $0 | |
Carol Turner Secretary | 15 | $0 | |
Nisette Gray Treasurer | 20 | $0 | |
Linda Carter-Mcclure Secretary | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,133 |
| Total Program Service Revenue | $5,000 |
| Membership dues | $3,430 |
| Investment income | $33 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$5,778 |
| Other Revenue | $0 |
| Total Revenue | $52,818 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $710 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $10,978 |
| Total expenses | $74,345 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $68,419 |
| Other assets | $0 |
| Total assets | $68,419 |
| Total liabilities | $0 |
| Net assets or fund balances | $68,419 |