Pearls Foundation
- Assets
- $112.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- San Antonio, TX
- Founding
- 07/2018
- Data as of
- 12/2023
- EIN
- 82-2093362
Organization Overview
Pearls Foundation is located in San Antonio, TX. The organization was established in 2018. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 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 12/2023, Pearls Foundation generated $14.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (41.9%) each year. All expenses for the organization totaled $5.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (34.2%) per year over the past 5 years. 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
2023
Describe the Organization's Program Activity:
Part 3
OVER 53 YOUTH, AGES 14-21, CURRENTLY IN FOSTER CARE OR FORMERLY IN FOSTER CARE ACTIVELY PARTICIPATED IN PEARLS AND EAGLES COURT PROGRAMMING IN 2023. 83% WERE PROMOTED TO THE NEXT GRADE LEVEL. 81% PROGRESSED TOWARDS STABLE AND PERMANENT PLACEMENT; 81% EXHIBITED IMPROVED STRESS MANAGEMENT; 98% CHOSE TO POSTPONE PARENTHOOD; 79% AVOIDED TOBACCO, ALCOHOL AND UNPRESCRIBED DRUGS. 100% LEARNED ADDITIONAL LIFE SKILLS TO BE MORE PREPARED TO AGE OUT OF FOSTER CARE. THE COURT PROGRAMS MET TWO TIMES PER MONTH AND HELD 4 WEEKEND ACTIVITIES DURING THE YEAR. COURT PROGRAMMING HELPS YOUTH TO VALUE THEIR WHOLE SELVES AND ENHANCE THEIR INHERENT STRENGTHS. THE GOALS ARE TO ENABLE YOUTH TO HEAL FROM PAST TRAUMA, BUILD RESILIENCE, REACH EDUCATIONAL GOALS, DEVELOP HEALTHY RELATIONSHIPS, AND BECOME ACCOMPLISHED ADULTS, ROLE MODELS, AND LEADERS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Renee Yanta President | 10 | $0 | |
Jenna Roy Co-Treasurer | 5 | $0 | |
Adrian Marmolejo Co-Treasurer | 5 | $0 | |
Danna Teague Secretary | 5 | $0 | |
Karla Ramirez Board Member | 5 | $0 | |
Connie Arambula Board Member | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,900 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $3,640 |
| Other Revenue | $0 |
| Total Revenue | $14,540 |
| 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 | $5,871 |
| Total expenses | $5,871 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $112,168 |
| Other assets | $0 |
| Total assets | $112,168 |
| Total liabilities | $0 |
| Net assets or fund balances | $112,168 |