Pearl Foundation Inc

Pearl Foundation Inc shows consistent revenue growth and zero officer compensation over a decade of operations.

EIN: 208579821 · Boiling Spgs, SC · NTEE: Q33 · Updated: 2026-03-28

$249KRevenue
$97KAssets
90/100Mission Score (Excellent)
Q33
Pearl Foundation Inc Financial Summary
MetricValue
Total Revenue$249K
Total Expenses$230K
Program Spending85%
Net Assets$62K
Transparency Score90/100

Search Intent Cockpit

Pearl Foundation Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals

Pearl Foundation Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Pearl Foundation Inc in one place.

Form 990 Filing Summary

13 filing years are available, with latest revenue of $255K and expenses of $230K.

Revenue and Expenses

Pearl Foundation Inc reported $255K in revenue and $230K in expenses, a surplus of $25K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

90/100 mission score, 0 red flags, and 5 strengths are shown from structured and AI review.

Is Pearl Foundation Inc Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
85%Program Expense
$0Grants Paid
13Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Pearl Foundation Inc Expense Deployment
Program services$196K (85%)

Across stored filings, Pearl Foundation Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Pearl Foundation Inc Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacyAppears LegitimateGood filing record; no red flags identified
Mission spend85% to programsExcellent
Financial durabilityGrade A13 stored filing years
Peer contextCompare with Sigma Delta PiSouth Carolina and Category Q context

Trust Check

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Peer Benchmark

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Pearl Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Pearl Foundation Inc

Pearl Foundation Inc (EIN: 208579821) is a nonprofit organization based in Boiling Spgs, SC, classified under NTEE code Q33. The organization reported total revenue of $249K and total assets of $97K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pearl Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

19Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

Pearl Foundation Inc is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 22.8%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$255K
Total Expenses$230K
Surplus / Deficit+$25K
Total Assets$62K
Net Assets$62K
Operating Margin9.7%
Months of Reserves3.2 months

Financial Health Grade: A

In 2023, Pearl Foundation Inc reported a surplus of $25K with revenue exceeding expenses, holds 3.2 months of operating reserves (adequate).

Financial Trends

Over 13 years of filings (2011–2023), Pearl Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 22.8%.

YearRevenue ChangeExpense ChangeAsset Change
2023+86.7%+62.6%+66.3%
2022+13.3%+4.6%-11.8%
2021+13.4%+32.3%-25.9%
2020-12.3%+4.7%+7.4%
2019+31.7%+32.2%+79.1%

IRS Tax-Exempt Classification

IRS Classification Codes1200
IRS Ruling Date2007

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Pearl Foundation Inc demonstrates a generally stable financial trajectory with consistent revenue growth in recent years, peaking at $255,282 in 2023. The organization has maintained a healthy financial position with zero reported liabilities across all available filings, indicating strong fiscal management and no reliance on debt. While the latest available data shows total assets of $97,317, the 2023 filing reported assets of $62,212, suggesting some fluctuation but overall growth from earlier periods. The consistent reporting of 0% officer compensation across all filings is a significant indicator of transparency and a commitment to directing funds towards the mission rather than executive salaries. This practice, combined with a history of regular IRS 990 filings, suggests a high degree of financial transparency for a nonprofit of its size. Spending efficiency appears to be reasonable, with expenses generally tracking revenue. For instance, in 2023, expenses were $230,472 against revenues of $255,282, leaving a surplus. However, there were periods like 2022 and 2021 where expenses slightly exceeded revenue, indicating that the organization occasionally operates at a slight deficit, though these were minor. The absence of officer compensation significantly boosts the efficiency of funds utilization. The organization's ability to grow its asset base over time, from $4,277 in 2014 to $62,212 in 2023, further supports its financial health and capacity to build reserves. Overall, Pearl Foundation Inc exhibits characteristics of a well-managed small nonprofit. Its consistent filing history, zero liabilities, and lack of executive compensation are strong indicators of good governance and a focus on its mission. The growth in revenue and assets over the past decade suggests increasing capacity and impact. While specific program spending ratios are not detailed in the provided data, the overall financial health and transparency practices are commendable.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Pearl 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, Pearl 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:

$255KTotal Revenue
$230KTotal Expenses
$62KTotal Assets
$62KNet Assets
  • The organization reported a surplus of $25K, with revenue exceeding expenses.

Executive Compensation Analysis

Pearl Foundation Inc consistently reports 0% officer compensation across all 13 available IRS 990 filings, indicating that no funds are allocated to executive salaries, which is highly commendable for a nonprofit of its size.

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.

Strengths

The following positive indicators were identified for Pearl Foundation Inc:

  • Consistent revenue growth, increasing from $62,572 in 2014 to $255,282 in 2023.
  • Zero reported liabilities across all 13 filings, indicating strong financial management and no debt.
  • 0% officer compensation reported in all filings, demonstrating a commitment to directing funds to the mission.
  • Consistent filing of IRS 990 forms for over a decade, indicating good transparency and compliance.
  • Growth in assets from $4,277 in 2014 to $62,212 in 2023, showing an ability to build reserves.

Frequently Asked Questions about Pearl Foundation Inc

Is Pearl Foundation Inc a legitimate charity?

Pearl Foundation Inc (EIN: 208579821) is a registered tax-exempt nonprofit based in South Carolina. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $249K. No red flags identified. 5 strengths noted. Financial health grade: A.

How does Pearl Foundation Inc spend its money?

Pearl Foundation Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Pearl Foundation Inc tax-deductible?

Pearl Foundation Inc is registered as a tax-exempt nonprofit (EIN: 208579821). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Pearl Foundation Inc's spending goes to programs?

Pearl Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Pearl Foundation Inc compare to similar nonprofits?

With a transparency score of 90/100 (Excellent), Pearl Foundation Inc is above average for NTEE category Q33 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Pearl Foundation Inc located?

Pearl Foundation Inc is headquartered in Boiling Spgs, South Carolina and files with the IRS under EIN 208579821. It is classified under NTEE code Q33.

How many years of IRS 990 filings does Pearl Foundation Inc have?

Pearl 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 $249K in total revenue.

Is Pearl Foundation Inc a good charity?

Based on the provided financial data, Pearl Foundation Inc appears to be a good charity. It demonstrates strong financial health with consistent revenue growth, zero liabilities, and a commendable practice of 0% officer compensation, ensuring funds are directed towards its mission.

How has Pearl Foundation Inc's revenue changed over time?

Pearl Foundation Inc has shown significant revenue growth, increasing from $62,572 in 2014 to $255,282 in 2023, indicating a growing capacity and donor support.

Does Pearl Foundation Inc have any debt?

No, Pearl Foundation Inc has consistently reported $0 in liabilities across all 13 available IRS 990 filings, indicating a debt-free operation.

Filing History

IRS 990 filing history for Pearl Foundation Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Pearl Foundation Inc's revenue has grown by 1074.5%, moving from $22K to $255K. Total assets increased by 1982.8% over the same period, from $3K to $62K. Total functional expenses rose by 1107.6%, from $19K to $230K. In its most recent filing year (2023), Pearl Foundation Inc reported a surplus of $25K, with revenue exceeding expenses.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $255K $230K $62K $0 View 990
2022 $137K $142K $37K $0 View 990
2021 $121K $135K $42K $0 View 990
2020 $106K $102K $57K $0
2019 $121K $98K $53K $0 View 990
2018 $92K $74K $30K $0 View 990
2017 $142K $142K $12K $0
2016 $115K $112K $12K $0 View 990
2015 $89K $83K $10K $0 View 990
2014 $63K $61K $4K $0 View 990
2013 $51K $56K $3K $0 View 990
2012 $36K $30K $8K $0 View 990
2011 $22K $19K $3K $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $255K, expenses of $230K, and assets of $62K (revenue +86.7% year-over-year).
  • 2022: Revenue of $137K, expenses of $142K, and assets of $37K (revenue +13.3% year-over-year).
  • 2021: Revenue of $121K, expenses of $135K, and assets of $42K (revenue +13.4% year-over-year).
  • 2020: Revenue of $106K, expenses of $102K, and assets of $57K (revenue -12.3% year-over-year).
  • 2019: Revenue of $121K, expenses of $98K, and assets of $53K (revenue +31.7% year-over-year).
  • 2018: Revenue of $92K, expenses of $74K, and assets of $30K (revenue -34.9% year-over-year).
  • 2017: Revenue of $142K, expenses of $142K, and assets of $12K (revenue +23.6% year-over-year).
  • 2016: Revenue of $115K, expenses of $112K, and assets of $12K (revenue +29.4% year-over-year).
  • 2015: Revenue of $89K, expenses of $83K, and assets of $10K (revenue +41.5% year-over-year).
  • 2014: Revenue of $63K, expenses of $61K, and assets of $4K (revenue +23.7% year-over-year).
  • 2013: Revenue of $51K, expenses of $56K, and assets of $3K (revenue +41.8% year-over-year).
  • 2012: Revenue of $36K, expenses of $30K, and assets of $8K (revenue +64.1% year-over-year).
  • 2011: Revenue of $22K, expenses of $19K, and assets of $3K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Pearl Foundation Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Pearl 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.

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