Gwinnett Pearls Of Service Foundation Inc
Gwinnett Pearls Of Service Foundation consistently grows assets with zero liabilities and no executive compensation.
EIN: 204204880 · Lawrenceville, GA · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $138K |
| Total Expenses | $194K |
| Program Spending | 85% |
| Net Assets | $263K |
| Transparency Score | 90/100 |
Is Gwinnett Pearls Of Service Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Gwinnett Pearls Of Service Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Gwinnett Pearls Of Service Foundation Inc
Gwinnett Pearls Of Service Foundation Inc (EIN: 204204880) is a nonprofit organization based in Lawrenceville, GA, classified under NTEE code B82. The organization reported total revenue of $138K and total assets of $292K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gwinnett Pearls Of Service Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gwinnett Pearls Of Service Foundation Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 8.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $244K |
| Total Expenses | $194K |
| Surplus / Deficit | +$49K |
| Total Assets | $263K |
| Net Assets | $263K |
| Operating Margin | 20.2% |
| Months of Reserves | 16.2 months |
Financial Health Grade: A
In 2023, Gwinnett Pearls Of Service Foundation Inc reported a surplus of $49K with revenue exceeding expenses, holds 16.2 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2012–2023), Gwinnett Pearls Of Service Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +39.3% | +83.2% | +22.7% |
| 2022 | +166.2% | +67.6% | +48.4% |
| 2021 | -78.4% | -81.8% | -41.9% |
| 2020 | +63.5% | +263.8% | +33.8% |
| 2019 | -30.5% | -67.6% | +100.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Gwinnett Pearls Of Service Foundation Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Gwinnett Pearls Of Service Foundation Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $49K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is a positive for resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Gwinnett Pearls Of Service Foundation Inc's IRS 990 filings:
- Lack of detailed program expense breakdown in publicly available summary data, making it difficult to precisely assess program efficiency without full 990 review.
Strengths
The following positive indicators were identified for Gwinnett Pearls Of Service Foundation Inc:
- Consistent asset growth, increasing from $55,047 in 201501 to $262,523 in 202312.
- Zero reported liabilities across all filing periods, indicating strong financial solvency and no reliance on debt.
- 0% officer compensation reported, suggesting efficient use of funds for mission-related activities.
- Consistent filing of IRS Form 990s over 13 periods, demonstrating commitment to transparency.
- Positive net income in most recent periods (e.g., $243,705 revenue vs. $194,448 expenses in 202312).
Frequently Asked Questions about Gwinnett Pearls Of Service Foundation Inc
Is Gwinnett Pearls Of Service Foundation Inc a legitimate charity?
Gwinnett Pearls Of Service Foundation Inc (EIN: 204204880) is a registered tax-exempt nonprofit based in Georgia. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $138K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Gwinnett Pearls Of Service Foundation Inc spend its money?
Gwinnett Pearls Of Service Foundation Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Gwinnett Pearls Of Service Foundation Inc tax-deductible?
Gwinnett Pearls Of Service Foundation Inc is registered as a tax-exempt nonprofit (EIN: 204204880). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Gwinnett Pearls Of Service Foundation Inc's spending goes to programs?
Gwinnett Pearls Of Service Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Gwinnett Pearls Of Service Foundation Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Gwinnett Pearls Of Service Foundation Inc is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Gwinnett Pearls Of Service Foundation Inc located?
Gwinnett Pearls Of Service Foundation Inc is headquartered in Lawrenceville, Georgia and files with the IRS under EIN 204204880. It is classified under NTEE code B82.
How many years of IRS 990 filings does Gwinnett Pearls Of Service Foundation Inc have?
Gwinnett Pearls Of Service Foundation Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $138K in total revenue.
What are the specific program services Gwinnett Pearls Of Service Foundation Inc provides?
While the NTEE code B82 suggests a focus on 'Youth Development, Services', the IRS 990 filings do not provide detailed descriptions of specific programs. Further investigation into their website or annual reports would be necessary.
How does the organization manage to operate without reporting any officer compensation?
The consistent reporting of 0% officer compensation across all filings suggests that the organization's leadership may be entirely volunteer-based, or that compensation is structured in a way that is not categorized as 'officer compensation' on the 990 form. This is a strong indicator of efficient resource allocation.
What caused the significant expense increase in 202012 ($348,032) compared to previous years?
The 202012 period shows a notable increase in expenses to $348,032, exceeding revenue of $304,429 for that year. This could indicate a significant program expansion, a one-time capital expenditure, or increased operational costs during the pandemic. Further detail from the 990 would be needed to understand the specific drivers.
Filing History
IRS 990 filing history for Gwinnett Pearls Of Service Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2023), Gwinnett Pearls Of Service Foundation Inc's revenue has grown by 145.8%, moving from $99K to $244K. Total assets increased by 257.9% over the same period, from $73K to $263K. Total functional expenses rose by 226.2%, from $60K to $194K. In its most recent filing year (2023), Gwinnett Pearls Of Service Foundation Inc reported a surplus of $49K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $244K | $194K | $263K | $0 | — | View 990 |
| 2022 | $175K | $106K | $214K | $0 | — | — |
| 2021 | $66K | $63K | $144K | $0 | — | View 990 |
| 2020 | $304K | $348K | $248K | $0 | — | View 990 |
| 2019 | $186K | $96K | $185K | $0 | — | View 990 |
| 2018 | $268K | $296K | $93K | $0 | — | View 990 |
| 2017 | $128K | $73K | $129K | $0 | — | View 990 |
| 2016 | $144K | $145K | $75K | $0 | — | — |
| 2016 | $94K | $73K | $76K | $0 | — | View 990 |
| 2015 | $97K | $130K | $55K | $0 | — | View 990 |
| 2014 | $148K | $84K | $88K | $0 | — | View 990 |
| 2013 | $90K | $139K | $24K | $0 | — | View 990 |
| 2012 | $99K | $60K | $73K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $244K, expenses of $194K, and assets of $263K (revenue +39.3% year-over-year).
- 2022: Revenue of $175K, expenses of $106K, and assets of $214K (revenue +166.2% year-over-year).
- 2021: Revenue of $66K, expenses of $63K, and assets of $144K (revenue -78.4% year-over-year).
- 2020: Revenue of $304K, expenses of $348K, and assets of $248K (revenue +63.5% year-over-year).
- 2019: Revenue of $186K, expenses of $96K, and assets of $185K (revenue -30.5% year-over-year).
- 2018: Revenue of $268K, expenses of $296K, and assets of $93K (revenue +109.3% year-over-year).
- 2017: Revenue of $128K, expenses of $73K, and assets of $129K (revenue -11.2% year-over-year).
- 2016: Revenue of $144K, expenses of $145K, and assets of $75K (revenue +52.8% year-over-year).
- 2016: Revenue of $94K, expenses of $73K, and assets of $76K (revenue -2.9% year-over-year).
- 2015: Revenue of $97K, expenses of $130K, and assets of $55K (revenue -34.5% year-over-year).
- 2014: Revenue of $148K, expenses of $84K, and assets of $88K (revenue +65.3% year-over-year).
- 2013: Revenue of $90K, expenses of $139K, and assets of $24K (revenue -9.5% year-over-year).
- 2012: Revenue of $99K, expenses of $60K, and assets of $73K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gwinnett Pearls Of Service Foundation Inc:
Data Sources and Methodology
This transparency report for Gwinnett Pearls Of Service Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.