20 Pearls Foundation
- Assets
- $63.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newport News, VA
- Founding
- 01/1997
- Data as of
- 12/2022
- EIN
- 54-1794124
Organization Overview
20 Pearls Foundation is located in Newport News, VA. The organization was established in 1997. 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. 20 Pearls 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, 20 Pearls Foundation generated $45.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (13.8%) each year. All expenses for the organization totaled $58.3k 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
SCHOLARSHIPS AND GRANTS AWARDED
SCHOLARSHIPS, GRANTS AND DONATIONS AWARDED
SCHOLARSHIPS, GRANTS AND DONATIONS AWARDED
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dianne Blakeney Vice President | 3 | $0 | |
Karen Bazemore Person President | 3 | $0 | |
Samantha Richards Executive Director | 3 | $0 | |
Shaybrean Henson Financial Secretary | 3 | $0 | |
Shari Hugger Assisstant Financial Officer | 3 | $0 | |
Carolyn Smith Treasurer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $43,918 |
| Total Program Service Revenue | $0 |
| Membership dues | $1,679 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $9 |
| Total Revenue | $45,606 |
| 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 | $310 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $136 |
| Other expenses | $4,378 |
| Total expenses | $58,324 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $63,356 |
| Other assets | $0 |
| Total assets | $63,356 |
| Total liabilities | $0 |
| Net assets or fund balances | $63,356 |