Pearl Elegance Foundation is located in Laurel, MD. The organization was established in 2014. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pearl Elegance 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, Pearl Elegance Foundation generated $56.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (12.9%) each year. All expenses for the organization totaled $64.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Benita A Swindell President | 4 | $0 | |
Sandra Yates Program Committee Chair | 4 | $0 | |
Michele Winston Treasurer | 4 | $0 | |
Natalie Stephenson Vice President | 4 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $63,758 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$6,887 |
| Other Revenue | $0 |
| Total Revenue | $56,871 |
| 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 | $0 |
| Printing, publications, postage, and shipping | $202 |
| Other expenses | $12,062 |
| Total expenses | $64,898 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $156,900 |
| Other assets | $0 |
| Total assets | $156,900 |
| Total liabilities | $37,848 |
| Net assets or fund balances | $119,052 |