Nonprofit · EIN 31-1591747
PEARL FOUNDATION INC
Tax-exempt · COLUMBIA, MD 21045
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $236,655 | $338,321 | -$101,666 | $71,055 | $30,578 | $40,477 |
| December 31, 2023 | 990-EZ | $114,140 | $44,886 | $69,254 | $168,568 | $26,425 | $142,143 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $236,655
- Membership dues
- $32,500
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $166,630
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $750
- Program services (functional)
- $262,805
- Management and general (functional)
- $20,435
- Fundraising (functional)
- $55,081
Balance sheet and other
- Total assets, start of year
- $168,568
- Total assets, end of year
- $71,055
- Total liabilities, end of year
- $30,578
- Net assets, end of year
- $40,477
- Gross receipts
- $236,655
- Employees
- 0
- Volunteers
- 367
- Year formed
- 1998
- State of legal domicile
- MD
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Ava Baker | Director Trustee or director | 0 | $0 |
| Colleen Ratcliffe | Director Trustee or director | 0 | $0 |
| Cheryl Glover | Director Trustee or director | 0 | $0 |
| Melody Morales | Director Trustee or director | 0 | $0 |
| April Randall | Director Trustee or director | 0 | $0 |
| Pamela Foster | Director Trustee or director | 0 | $0 |
| Sandra Jordan | Director Trustee or director | 0 | $0 |
| Targee Ballard | Treasurer Officer | 0 | $0 |
| Angela Keye Williams | Vice President Officer | 0 | $0 |
| Leslie Sands | Financial Secretary Officer | 0 | $0 |
| Jada Williams | Assistant Treasurer Officer | 0 | $0 |
| Andrea Moore | President Officer | 0 | $0 |
| Denise Knox Riley | Assitant Financial Secretary Officer | 0 | $0 |
| Linda Marshall | Assistant Financial Secretary Officer | 0 | $0 |
| Kaili Darbouze | Assistant Secretary Officer | 0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Myra Smith | Secretary Officer | 0 | $0 |
990-EZ for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Targee Ballard | Treasurer | 0 | $0 |
| Angela Keye Williams | Vice President | 0 | $0 |
| Leslie Sands | Financial Secretary | 0 | $0 |
| Ava Baker | Director | 0 | $0 |
| Jada Williams | Assistant Treasurer | 0 | $0 |
| Andrea Moore | President | 0 | $0 |
| Denise Knox Riley | Assitant Financial Secretary | 0 | $0 |
| Linda Marshall | Assistant Financial Secretary | 0 | $0 |
| Colleen Ratcliffe | Director | 0 | $0 |
| Kaili Darbouze | Assistant Secretary | 0 | $0 |
| Myra Smith | Secretary | 0 | $0 |
| Cheryl Glover | Director | 0 | $0 |
| Melody Morales | Director | 0 | $0 |
| April Randall | Director | 0 | $0 |
| Pamela Foster | Director | 0 | $0 |
| Sandra Jordan | Director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 178, COLUMBIA, MD 21045-0178
- In care of
- % TARGEE BALLARD
- Signed the 990
- TARGEE BALLARD, Treasurer
- Phone
- (240) 393-0861
- Website
- www.pearlfoundationinc.org
- Return prepared by
- Suited Financial Counsel
Mission
Supports broad educational, charitable, and community service programs that uphold the mission and values of Alpha Kappa Alpha Sorority Incorporated of the communities we serve.
Program accomplishments
- The Pearl Foundation supports programs that promotes student achievement, leadership development, and personal empowerment. Several of the programs equip high school students with skills in communication, financial literacy, and career readiness, to foster long-term economic stability. The organization also advances family and economic empowerment, environmental stewardship, and social justice. More than $150,000 scholarships was awarded to Howard County, MD high school seniors who are pursuing degrees in post-secondary education initiatives.Expenses $250,805 · grants $154,630
- In support of initiatives that strengthen families, promote economic advancement, and encourage civic and social responsibility; The Pearl Foundation awarded $12,000 to local organizations and six Historically Black Colleges and Universities.Expenses $12,000 · grants $12,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 31-1591747
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1998
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $71,055
- Income (IRS master file)
- $236,655
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $236,655 | $338,321 | $71,055 | XML |
| 990-EZ | December 2023 | $114,140 | $44,886 | $168,568 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 31-1591747).
Questions about PEARL FOUNDATION INC
- What is the EIN of PEARL FOUNDATION INC?
- The employer identification number (EIN) of PEARL FOUNDATION INC is 31-1591747.
- Is PEARL FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to PEARL FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PEARL FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PEARL FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PEARL FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who are the officers and directors of PEARL FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 16 people; 0 received compensation from the organization.
- How much revenue does PEARL FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $236,655, expenses of $338,321 and total assets of $71,055 at year end.
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