Is The Pearl Family Foundation Legit?

Quick charity verification for The Pearl Family Foundation (EIN: 133772783)

Verdict: The Pearl Family Foundation appears trustworthy

70/100Mission Score

$343KRevenue

$2.5MAssets

3Red Flags

3Strengths

Red Flags

Highly inconsistent revenue and expense figures year-over-year, making financial planning and stability difficult to assess.
Expenses frequently exceed revenue in multiple years (e.g., 2023, 2020, 2019), indicating reliance on prior assets or other funding sources.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided data limits transparency into spending efficiency.

Strengths

Consistently reports 0% officer compensation, indicating efficient use of funds by not paying executive salaries.
Maintains very low liabilities, often just $1, demonstrating strong financial management regarding debt.
Significant asset base of over $2.5 million provides a strong foundation for future activities, despite revenue volatility.

Spending Breakdown

How The Pearl Family Foundation allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

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 The Pearl Family Foundation

Is The Pearl Family Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, The Pearl Family Foundation (EIN: 133772783) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.

Is The Pearl Family Foundation a good charity to donate to?

The Pearl Family Foundation has a Mission Score of 70/100. Revenue: $343K. Assets: $2.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for The Pearl Family Foundation?

The Employer Identification Number (EIN) for The Pearl Family Foundation is 133772783. 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 The Pearl Family Foundation spend its money?

The Pearl Family Foundation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify The Pearl Family Foundation's tax-exempt status?

You can verify The Pearl Family Foundation's tax-exempt status using EIN 133772783 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

The Pearl Family Foundation exhibits highly inconsistent financial activity based on its IRS 990 filings. While the organization reported significant revenue of $4,898,803 in 2022, its revenue in other years, such as $31,812 in 2023 and $82,796 in 2021, is substantially lower. This volatility makes it challenging to assess a stable financial health trajectory. The foundation consistently reports minimal liabilities, often just $1, which indicates a strong balance sheet in terms of debt management. However, the substantial increase in assets from $358,546 in 2021 to $2,550,832 in 2022, followed by a slight decrease to $2,465,609 in 2023, suggests a major financial event or change in investment strategy in 2022 that significantly boosted its asset base.

Spending efficiency is difficult to ascertain without a detailed breakdown of expenses into program, administrative, and fundraising categories, which is not provided in the summary data. However, the organization consistently reports zero officer compensation across all available filings, which is a positive indicator of minimizing overhead related to executive salaries. The significant expenses in 2022 ($2,708,017) relative to revenue ($4,898,803) suggest substantial activity, but without knowing the nature of these expenses, it's hard to judge efficiency. In many other years, expenses frequently exceeded revenue, indicating reliance on prior assets or other funding sources.

Transparency regarding executive compensation is excellent, with 0% reported for officer compensation. However, the lack of NTEE code and detailed expense breakdowns in the provided data limits a full assessment of programmatic transparency and spending allocation. The dramatic fluctuations in revenue and expenses year-over-year warrant further investigation to understand the foundation's operational model and funding sources.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.