Pearls Of Hope Foundation Of Alpha Kappa Alpha Sorority Inc
Pearls Of Hope Foundation operates with no officer compensation but experienced a significant net loss in its latest fiscal period.
EIN: 200752880 · Wilmington, DE · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $37K |
| Total Expenses | $28K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $13,794 |
| Net Assets | $79K |
| Transparency Score | 85/100 |
Is Pearls Of Hope Foundation Of Alpha Kappa Alpha Sorority Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Pearls Of Hope Foundation Of Alpha Kappa Alpha Sorority Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Pearls Of Hope Foundation Of Alpha Kappa Alpha Sorority Inc
Pearls Of Hope Foundation Of Alpha Kappa Alpha Sorority Inc (EIN: 200752880) is a nonprofit organization based in Wilmington, DE, classified under NTEE code B82. The organization reported total revenue of $37K and total assets of $90K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pearls Of Hope Foundation Of Alpha Kappa Alpha Sorority Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pearls Of Hope Foundation Of Alpha Kappa Alpha Sorority Inc is a micro nonprofit that has been operating for 22 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -9.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $14K |
| Total Expenses | $28K |
| Surplus / Deficit | $-14,037 |
| Total Assets | $79K |
| Net Assets | $79K |
| Operating Margin | -101.8% |
| Months of Reserves | 34.0 months |
Financial Health Grade: B
In 2023, Pearls Of Hope Foundation Of Alpha Kappa Alpha Sorority Inc reported a deficit of $14K with expenses exceeding revenue, holds 34.0 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2023), Pearls Of Hope Foundation Of Alpha Kappa Alpha Sorority Inc's revenue has declined at a compound annual growth rate (CAGR) of -9.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -57.4% | -6.9% | -15.6% |
| 2022 | -38.1% | -63.5% | +2.9% |
| 2021 | -52.9% | +8.2% | -26.9% |
| 2020 | +153.1% | +74.1% | +60.1% |
| 2019 | -31.0% | -35.1% | +2.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2004 |
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 Pearls Of Hope Foundation Of Alpha Kappa Alpha Sorority Inc with a Mission Score of 85 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Pearls Of Hope Foundation Of Alpha Kappa Alpha Sorority Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 deficit of $14K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is 0% across all reported periods, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for an organization of its size with revenues fluctuating between $13,794 and $111,121.
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 Pearls Of Hope Foundation Of Alpha Kappa Alpha Sorority Inc's IRS 990 filings:
- 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
The following positive indicators were identified for Pearls Of Hope Foundation Of Alpha Kappa Alpha Sorority Inc:
- 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.
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?
Pearls Of Hope Foundation Of Alpha Kappa Alpha Sorority Inc (EIN: 200752880) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $37K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
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 directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Pearls Of Hope Foundation Of Alpha Kappa Alpha Sorority Inc tax-deductible?
Pearls Of Hope Foundation Of Alpha Kappa Alpha Sorority Inc is registered as a tax-exempt nonprofit (EIN: 200752880). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Pearls Of Hope Foundation Of Alpha Kappa Alpha Sorority Inc CEO make?
Pearls Of Hope Foundation Of Alpha Kappa Alpha Sorority Inc's highest-compensated officer earns $13,794 annually. The organization reported $37K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Pearls Of Hope Foundation Of Alpha Kappa Alpha Sorority Inc's spending goes to programs?
Pearls Of Hope Foundation Of Alpha Kappa Alpha Sorority Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Pearls Of Hope Foundation Of Alpha Kappa Alpha Sorority Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Pearls Of Hope Foundation Of Alpha Kappa Alpha Sorority 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 Pearls Of Hope Foundation Of Alpha Kappa Alpha Sorority Inc located?
Pearls Of Hope Foundation Of Alpha Kappa Alpha Sorority Inc is headquartered in Wilmington, Delaware and files with the IRS under EIN 200752880. It is classified under NTEE code B82.
How many years of IRS 990 filings does Pearls Of Hope Foundation Of Alpha Kappa Alpha Sorority Inc have?
Pearls Of Hope Foundation Of Alpha Kappa Alpha Sorority Inc has 12 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 $37K in total revenue.
Is Pearls Of Hope Foundation Of Alpha Kappa Alpha Sorority Inc financially stable?
The organization has maintained positive assets and zero liabilities across all reported periods, indicating a stable financial foundation. However, the 202306 filing shows expenses ($27,831) significantly exceeding revenue ($13,794), which could impact future stability if it becomes a trend.
How much of its budget goes to programs?
While specific program spending percentages are not detailed in the provided data, the consistent 0% officer compensation strongly suggests a very high proportion of funds are directed towards programs, estimated at around 90% given the lean operational structure.
Does the organization have any debt?
No, the organization has consistently reported $0 in liabilities across all available IRS 990 filings, indicating it operates without debt.
Why did assets decrease from 2020 to 2023?
Assets peaked at $124,294 in 202006 and have since decreased to $78,862 in 202306. This decline could be due to increased program spending, investment losses, or a period of lower fundraising, especially given the net loss reported in 202306.
Filing History
IRS 990 filing history for Pearls Of Hope Foundation Of Alpha Kappa Alpha Sorority Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Pearls Of Hope Foundation Of Alpha Kappa Alpha Sorority Inc's revenue has declined by 68.2%, moving from $43K to $14K. Total assets increased by 28.9% over the same period, from $61K to $79K. Total functional expenses fell by 38.6%, from $45K to $28K. In its most recent filing year (2023), Pearls Of Hope Foundation Of Alpha Kappa Alpha Sorority Inc reported a deficit of $14K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $14K | $28K | $79K | $0 | — | View 990 |
| 2022 | $32K | $30K | $93K | $0 | — | — |
| 2021 | $52K | $82K | $91K | $0 | — | — |
| 2020 | $111K | $76K | $124K | $0 | — | — |
| 2019 | $44K | $43K | $78K | $0 | — | View 990 |
| 2018 | $64K | $67K | $76K | $0 | — | — |
| 2017 | $85K | $87K | $79K | $0 | — | View 990 |
| 2016 | $46K | $38K | $74K | $0 | — | View 990 |
| 2015 | $36K | $39K | $72K | $0 | — | View 990 |
| 2014 | $52K | $38K | $72K | $0 | — | View 990 |
| 2013 | $40K | $49K | $54K | $0 | — | View 990 |
| 2012 | $43K | $45K | $61K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $14K, expenses of $28K, and assets of $79K (revenue -57.4% year-over-year).
- 2022: Revenue of $32K, expenses of $30K, and assets of $93K (revenue -38.1% year-over-year).
- 2021: Revenue of $52K, expenses of $82K, and assets of $91K (revenue -52.9% year-over-year).
- 2020: Revenue of $111K, expenses of $76K, and assets of $124K (revenue +153.1% year-over-year).
- 2019: Revenue of $44K, expenses of $43K, and assets of $78K (revenue -31.0% year-over-year).
- 2018: Revenue of $64K, expenses of $67K, and assets of $76K (revenue -25.4% year-over-year).
- 2017: Revenue of $85K, expenses of $87K, and assets of $79K (revenue +87.4% year-over-year).
- 2016: Revenue of $46K, expenses of $38K, and assets of $74K (revenue +26.5% year-over-year).
- 2015: Revenue of $36K, expenses of $39K, and assets of $72K (revenue -30.8% year-over-year).
- 2014: Revenue of $52K, expenses of $38K, and assets of $72K (revenue +30.2% year-over-year).
- 2013: Revenue of $40K, expenses of $49K, and assets of $54K (revenue -7.7% year-over-year).
- 2012: Revenue of $43K, expenses of $45K, and assets of $61K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pearls Of Hope Foundation Of Alpha Kappa Alpha Sorority Inc:
Data Sources and Methodology
This transparency report for Pearls Of Hope Foundation Of Alpha Kappa Alpha Sorority 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.