The Pearl Family Foundation
The Pearl Family Foundation shows highly volatile revenue and expenses, with zero officer compensation and a significant asset increase in 2022.
EIN: 133772783 · Rochelle Park, NJ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $343K |
| Total Expenses | $117K |
| Program Spending | 80% |
| Net Assets | $2.5M |
| Transparency Score | 70/100 |
Is The Pearl Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Pearl Family Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Pearl Family Foundation
The Pearl Family Foundation (EIN: 133772783) is a nonprofit organization based in Rochelle Park, NJ. The organization reported total revenue of $343K and total assets of $2.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Pearl Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Pearl Family Foundation is a small nonprofit that has been operating for 32 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $32K |
| Total Expenses | $117K |
| Surplus / Deficit | $-85,223 |
| Total Assets | $2.5M |
| Total Liabilities | $1 |
| Net Assets | $2.5M |
| Operating Margin | -267.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 252.8 months |
Financial Health Grade: B
In 2023, The Pearl Family Foundation reported a deficit of $85K with expenses exceeding revenue, holds 252.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), The Pearl Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -99.4% | -95.7% | -3.3% |
| 2022 | +5816.7% | +6387.7% | +611.4% |
| 2021 | +165.3% | -19.9% | +12.9% |
| 2020 | +60.9% | +76.4% | -6.2% |
| 2019 | -49.0% | -54.2% | -25.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
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 The Pearl Family Foundation with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, The Pearl Family Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $85K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that no officers are drawing salaries from the organization, which is highly favorable for minimizing administrative overhead.
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 The Pearl Family Foundation's IRS 990 filings:
- 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
The following positive indicators were identified for The Pearl Family Foundation:
- 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.
Frequently Asked Questions about The Pearl Family Foundation
Is The Pearl Family Foundation a legitimate charity?
The Pearl Family Foundation (EIN: 133772783) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 70/100. It has 10 years of IRS 990 filings on record. Total revenue: $343K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does The Pearl Family Foundation spend its money?
The Pearl Family Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to The Pearl Family Foundation tax-deductible?
The Pearl Family Foundation is registered as a tax-exempt nonprofit (EIN: 133772783). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Pearl Family Foundation's spending goes to programs?
The Pearl Family Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is The Pearl Family Foundation located?
The Pearl Family Foundation is headquartered in Rochelle Park, New Jersey and files with the IRS under EIN 133772783.
How many years of IRS 990 filings does The Pearl Family Foundation have?
The Pearl Family Foundation has 10 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 $343K in total revenue.
What caused the massive revenue and asset increase in 2022?
The IRS 990 data shows a jump from $82,796 in revenue in 2021 to $4,898,803 in 2022, and assets from $358,546 to $2,550,832. This significant change warrants further investigation into the nature of the income (e.g., large donation, investment gains) and how it was utilized.
How does the organization sustain operations in years with low revenue and high expenses?
In multiple years (e.g., 2023, 2020, 2019), expenses exceeded revenue. For instance, in 2023, revenue was $31,812 while expenses were $117,035. This suggests the organization relies on its asset base or other undisclosed funding mechanisms to cover operational costs.
What are the specific program activities funded by The Pearl Family Foundation?
The provided data lacks an NTEE code and detailed expense breakdowns, making it difficult to understand the specific charitable programs or activities the foundation supports.
Filing History
IRS 990 filing history for The Pearl Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Pearl Family Foundation's revenue has declined by 26.8%, moving from $43K to $32K. Total assets increased by 307.3% over the same period, from $605K to $2.5M. Total functional expenses rose by 87%, from $63K to $117K. In its most recent filing year (2023), The Pearl Family Foundation reported a deficit of $85K, with expenses exceeding revenue. The organization holds $1 in liabilities against $2.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $32K | $117K | $2.5M | $1 | — | — |
| 2022 | $4.9M | $2.7M | $2.6M | $1 | — | View 990 |
| 2021 | $83K | $42K | $359K | $1 | — | View 990 |
| 2020 | $31K | $52K | $317K | $1 | — | — |
| 2019 | $19K | $30K | $338K | $1 | — | — |
| 2015 | $38K | $64K | $453K | $1 | — | View 990 |
| 2014 | $64K | $65K | $479K | $1 | — | View 990 |
| 2013 | $44K | $55K | $783K | $300K | — | View 990 |
| 2012 | $32K | $62K | $657K | $81K | — | View 990 |
| 2011 | $43K | $63K | $605K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $32K, expenses of $117K, and assets of $2.5M (revenue -99.4% year-over-year).
- 2022: Revenue of $4.9M, expenses of $2.7M, and assets of $2.6M (revenue +5816.7% year-over-year).
- 2021: Revenue of $83K, expenses of $42K, and assets of $359K (revenue +165.3% year-over-year).
- 2020: Revenue of $31K, expenses of $52K, and assets of $317K (revenue +60.9% year-over-year).
- 2019: Revenue of $19K, expenses of $30K, and assets of $338K (revenue -49.0% year-over-year).
- 2015: Revenue of $38K, expenses of $64K, and assets of $453K (revenue -40.7% year-over-year).
- 2014: Revenue of $64K, expenses of $65K, and assets of $479K (revenue +47.0% year-over-year).
- 2013: Revenue of $44K, expenses of $55K, and assets of $783K (revenue +34.9% year-over-year).
- 2012: Revenue of $32K, expenses of $62K, and assets of $657K (revenue -25.5% year-over-year).
- 2011: Revenue of $43K, expenses of $63K, and assets of $605K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Pearl Family Foundation:
Data Sources and Methodology
This transparency report for The Pearl Family Foundation 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.