Pearls Of Hope Community Foundation
- Assets
- $74.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Upper Marlboro, MD
- Founding
- 08/2015
- Data as of
- 12/2022
- EIN
- 47-2898650
Organization Overview
Pearls Of Hope Community Foundation is located in Upper Marlboro, MD. The organization was established in 2015. 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 Hope Community 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 Hope Community Foundation generated $42.6k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 61.3% each year . All expenses for the organization totaled $21.8k during the year ending 12/2022. While expenses have increased by 63.5% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sandra Leblanc Director | 1 | $0 | |
Stephanie Jameison President | 10 | $0 | |
Frances Frost Vice President | 10 | $0 | |
Shandell Shields Financial Secretary | 5 | $0 | |
Arla Bentley General Director | 10 | $0 | |
Wykeeta Peel Secretary | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,052 |
| Total Program Service Revenue | $0 |
| Membership dues | $6,390 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $22,172 |
| Other Revenue | $0 |
| Total Revenue | $42,614 |
| 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 | $0 |
| Other expenses | $2,284 |
| Total expenses | $21,781 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $74,859 |
| Other assets | $0 |
| Total assets | $74,859 |
| Total liabilities | $0 |
| Net assets or fund balances | $74,859 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Pearls Of Hope Community Foundation has recieved totaling $142.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $142 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
East Side Charter School Of Wilmington Inc Wilmington, DE | $9,042,787 | $7,810,738 |
National Association Of Student Financial Aid Administrators Washington, DC | $22,189,727 | $10,008,615 |
Cobell Board Of Trustees Washington, DC | $177,171,131 | $17,842,265 |
National Consortium For Graduate Dgrs Minorities In Engineering Alexandria, VA | $15,486,907 | $10,356,249 |
Lola G Duff & William Duff Ii Scholarship Fund Pittsburgh, PA | $108,136,539 | $9,727,539 |
Independence Foundation Philadelphia, PA | $78,719,217 | $2,815,934 |
Maryland Philanthropy Network Inc Baltimore, MD | $5,808,264 | $5,920,100 |
Student Freedom Initiative Inc Washington, DC | $132,770,538 | $15,285,825 |
Meor Inc Silver Spring, MD | $283,304 | $5,067,456 |
Henrico Education Foundation Incorporated Henrico, VA | $1,910,582 | $5,313,927 |
Access College Foundation Norfolk, VA | $62,526,055 | $4,039,611 |
Addison Gibson Foundation Pittsburgh, PA | $46,529,076 | $11,633,912 |