Is Pearls Of Hope Foundation Of Alpha Kappa Alpha Sorority Inc Legit?
Quick charity verification for Pearls Of Hope Foundation Of Alpha Kappa Alpha Sorority Inc (EIN: 200752880)
Verdict: Pearls Of Hope Foundation Of Alpha Kappa Alpha Sorority Inc appears trustworthy
85/100Mission Score
$37KRevenue
$90KAssets
2Red Flags
4Strengths
Red Flags
Expenses ($27,831) significantly exceeded revenue ($13,794) in the latest 202306 filing, resulting in a net loss.
A notable decline in total assets from a peak of $124,294 in 202006 to $78,862 in 202306.
Strengths
Consistent 0% officer compensation across all reported periods, indicating volunteer leadership and efficient use of funds.
Maintained zero liabilities across all 12 reported periods, demonstrating strong financial management and no debt.
Consistent IRS 990 filing history, indicating strong transparency and accountability.
NTEE code B82 suggests a focus on scholarships and financial aid, aligning with a direct program impact.
Spending Breakdown
How Pearls Of Hope Foundation Of Alpha Kappa Alpha Sorority Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Pearls Of Hope Foundation Of Alpha Kappa Alpha Sorority Inc
Is Pearls Of Hope Foundation Of Alpha Kappa Alpha Sorority Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Pearls Of Hope Foundation Of Alpha Kappa Alpha Sorority Inc (EIN: 200752880) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Pearls Of Hope Foundation Of Alpha Kappa Alpha Sorority Inc a good charity to donate to?
Pearls Of Hope Foundation Of Alpha Kappa Alpha Sorority Inc has a Mission Score of 85/100. Revenue: $37K. Assets: $90K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Pearls Of Hope Foundation Of Alpha Kappa Alpha Sorority Inc?
The Employer Identification Number (EIN) for Pearls Of Hope Foundation Of Alpha Kappa Alpha Sorority Inc is 200752880. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Pearls Of Hope Foundation Of Alpha Kappa Alpha Sorority Inc spend its money?
Pearls Of Hope Foundation Of Alpha Kappa Alpha Sorority Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Pearls Of Hope Foundation Of Alpha Kappa Alpha Sorority Inc's tax-exempt status?
You can verify Pearls Of Hope Foundation Of Alpha Kappa Alpha Sorority Inc's tax-exempt status using EIN 200752880 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Pearls Of Hope Foundation Of Alpha Kappa Alpha Sorority Inc demonstrates a consistent commitment to transparency, as evidenced by its regular IRS 990 filings over the past decade. The organization has maintained zero liabilities across all reported periods, indicating sound financial management and a lack of debt. While revenue and expenses have fluctuated, the organization has consistently reported no officer compensation, which is a strong indicator of volunteer-driven leadership and efficient use of donor funds for programmatic activities. However, the recent 202306 filing shows expenses ($27,831) significantly exceeding revenue ($13,794), leading to a net loss for that period, which warrants monitoring.
The organization's financial health appears stable, with assets consistently maintained, though there has been a decline from a peak of $124,294 in 202006 to $78,862 in 202306. The NTEE code B82 suggests a focus on scholarships and financial aid, which aligns with a program-centric mission. The absence of officer compensation is a significant strength, allowing a greater proportion of funds to be directed towards its charitable purpose. The organization's spending efficiency, particularly in the absence of executive salaries, suggests a high potential for program impact, although specific program spending ratios are not detailed in the provided data.
Overall, Pearls Of Hope Foundation exhibits good financial transparency and a lean operational model. The recent dip in revenue and corresponding net loss in the latest filing should be observed, but the historical trend of managing assets without incurring liabilities and operating without paid executive compensation are strong positive indicators. The organization's consistent filing history further reinforces its commitment to public accountability.