The Pearl Foundation Inc

Organization Overview

The Pearl Foundation Inc is located in Marietta, GA. The organization was established in 2008. According to its NTEE Classification (P81) the organization is classified as: Senior Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pearl Foundation Inc 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 Foundation Inc generated $268.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.0% each year . All expenses for the organization totaled $111.0k during the year ending 12/2022. While expenses have increased by 17.4% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO IMPROVE THE WELL BEING OF THE RESIDENTS OF GEORGIA AND EMPOWER INDIVIDUALS FOR SUCCESS BY MAKING GRANTS AND GIFTS IN AID AND SUPPORT OF CULTURAL PROJECTS IN THE ARTS AND HUMANITIES, ENCOURGAGING AND SUPPORTING EDUCATION AT ALL LEVELS, HEALTH CARE FOR ALL SEGMENTS OF THE COMMUNITY, FINANCIAL LITERACY AND ECONOMIC IMPOWERMENT, AS WELL AS A WIDE RANGE OF HUMAN SERVICES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

COLLEGE SCHOLARHSIPS AWARDED TO HIGH SCHOOL SENIOR WHO ARE MATRICULATING TO 4-YEAR COLLEGES.


GENERAL PROGRAM ACCOMPLISHMENTS DURING THE YEAR


GENERAL PROGRAM ACCOMPLISHMENTS


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Board, Officers & Key Employees

Name (title)Compensation
Stacy Grooms
President
$0
Patricia Atwater
Financial Se
$0
Kimberly Boyd
Treasurer
$0
Tommye Campbell
Development
$0
Paula Billups
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$9,260
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$245,159
Noncash contributions included in lines 1a–1f $8,991
Total Revenue from Contributions, Gifts, Grants & Similar$254,419
Total Program Service Revenue$0
Investment income $4,466
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $268,940

Grants Recieved

Over the last fiscal year, we have identified 2 grants that The Pearl Foundation Inc has recieved totaling $14,327.

Awarding OrganizationAmount
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$13,816
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$511
View Grant Recipient Profile

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