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Nonprofit · EIN 87-2509430

PEARL FOUNDATION OF THE GREATER CLINTON AREA

Tax-exempt · CLINTON, TN 37716

Financials

$167K$197K2023$228K$207K2024
Revenue Expenses · by fiscal year end
Financials of PEARL FOUNDATION OF THE GREATER CLINTON AREA by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$227,530$207,209$20,321$75,881$1,646$74,235
December 31, 2023990-EZ$167,436$196,742-$29,306$55,787$1,873$53,914
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$190,593
of which government grants
$130,712
Program service revenue
$37,753
Investment income
$0
Net income from sales of inventory
-$816
Other revenue
-$816

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$55,650
Salaries, compensation and benefits (total)
$60,236
Professional fundraising fees
$0
Accounting fees
$4,185
Depreciation
$219
Program services (functional)
$105,311
Management and general (functional)
$101,898

Balance sheet and other

Total assets, start of year
$55,787
Total assets, end of year
$75,881
Total liabilities, end of year
$1,646
Net assets, end of year
$74,235
Land, buildings and equipment
$1,975
Net assets without donor restrictions
$74,235
Gross receipts
$244,174
Employees
1
Year formed
2021
State of legal domicile
TN

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.

NameTitleHours / weekCompensation
KATHERINE BIRKBECKPROGRAM DIRECT
Trustee or director
40$55,650
JASON HAMMOCKBOARD MEMBER
Trustee or director
2$0
TAYLOR MARTINBOARD MEMBER
Trustee or director
2$0
TREY MCADAMSTREASURER
Trustee or director
2$0
JACKIE PATTONBOARD MEMBER
Trustee or director
2$0
LARRY GANNBOARD MEMBER
Trustee or director
2$0
ART MILLERBOARD MEMBER
Trustee or director
2$0
STEVE HEATHERLYBOARD MEMBER
Trustee or director
2$0
AMBER PRICEBOARD MEMBER
Trustee or director
2$0
TAYLOR CULLISTONBOARD MEMBER
Trustee or director
2$0
TODD TEMPLEBOARD MEMBER
Trustee or director
2$0
ROGER HOUCKBOARD MEMBER
Trustee or director
2$0
MELISSA EINWECHTERSecretary
Trustee or director
2$0
STEPHANIE WELLSBOARD MEMBER
Trustee or director
2$0
MOLLIE FARRARVice Chairman
Officer
5$0
1 more people on this return
NameTitleHours / weekCompensation
JOEY SMITHChairman
Officer
5$0
990-EZ for the year ended December 31, 2023: 16 people
NameTitleHours / weekCompensation
KATHERINE BIRKBECKPROGRAM DIRECT40$50,000
MOLLIE FARRARCHAIRMAN5$0
JOEY SMITHVICE CHAIRMAN5$0
CALLIE ARCHERBOARD MEMBER2$0
TAYLOR MARTINBOARD MEMBER2$0
TREY MCADAMSTREASURER2$0
JACKIE PATTONBOARD MEMBER2$0
LARRY GANNBOARD MEMBER2$0
ART MILLERBOARD MEMBER2$0
STEVE HEATHERLYBOARD MEMBER2$0
AMBER PRICEBOARD MEMBER2$0
TAYLOR CULLISTONBOARD MEMBER2$0
TODD TEMPLEBOARD MEMBER2$0
ROGER HOUCKBOARD MEMBER2$0
MELISSA EINWECHTERSecretary2$0
STEPHANIE WELLSBOARD MEMBER2$0

Address and contacts

Address (IRS master file)
303 MARKET ST, CLINTON, TN 37716-3719
Principal officer (990 for 2024)
JOEY SMITH, 303 MARKET ST, CLINTON, TN 37716
Signed the 990
KATHERINE BIRKBECK, Executive Director
Phone
(865) 293-6367
Return prepared by
Gary A Disney CPA

Mission

ENHANCE & PRESERVE THE HISTORIC DOWNTOWN CLINTON, TN AREA BY PROMOTING LOCAL BUSINESSES AND COMMUNITY DEVELOPMENT.

990 for the year ended December 31, 2024

Program accomplishments

  • RESTORATION AND REHABILITATION OF THE DOWNTOWN AREA - WELCOME TO CLINTON SIGN/LANDSCAPING, ARTS FESTIVAL, FLOWER BASKETS THROUGHOUT THE DOWNTOWN AREA, GREENSPACE INITITIATIVE, CORNSTALKS, LANTERNS, CHRISTMAS LIGHTS IN DOWNTOWN AREA, SEASONAL EVENTS INCLUDING SPRING ANTIQUE FESTIVAL, CHRISTMAS IN JULY, SIP OF SUMMERFEST, AND FALL ANTIQUE FESTIVAL. WE IMPACT 10,000 RESIDENTS OF CLINTON, WITH MOST EVENTS BENEFITING 3,000 - 5,000 PEOPLE, WHILE OUR ANTIQUE FESTIVALS ARE LIKELY TO DRAW IN 10,000 - 12,000.
    Expenses $66,876 · grants $66,937
  • PROMOTION OF HISTORIC DOWNTOWN CLINTON - PRESS RELEASES, COMMUNITY CALENDAR, WALKING TOUR MAPS, EVENT FLAGS & TENT FOR BRAND RECOGNITION, SOCIAL MEDIA BOOSTS, RADIO AD CAMPAIGN, MAGAZINE FEATURES AND ADS, AND FEATURES ON LOCAL TV NEWS PROGRAMS. WE IMPACT 10,000 RESIDENTS OF CLINTON, WITH MOST EVENTS BENEFITING 3,000 - 5,000 PEOPLE, WHILE OUR ANTIQUE FESTIVALS ARE LIKELY TO DRAW IN 10,000 - 12,000.
    Expenses $37,475 · revenue $44,966
  • HISTORIC EDUCATION DEVELOPMENT - WALKING TOUR SIGNS, LOCAL HIGH SCHOOL INTERNSHIP & DEVELOPMENT, DEVELOPMENT OF HIGH SCHOOL YOUTH BOARD FOR HISTORIC DOWNTOWN, AND PARTICIPATION IN HIGH SCHOOL STEM DESIGNATION PROCESS. WE IMPACT 10,000 RESIDENTS OF CLINTON, WITH MOST EVENTS BENEFITING 3,000 - 5,000 PEOPLE, WHILE OUR ANTIQUE FESTIVALS ARE LIKELY TO DRAW IN 10,000 - 12,000.
    Expenses $960 · revenue $2,100

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
87-2509430
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
2022
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$75,881
Income (IRS master file)
$244,174

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$227,530$207,209$75,881XML
990-EZDecember 2023$167,436$196,742$55,787XML
990-EZDecember 2022–––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 87-2509430).

Questions about PEARL FOUNDATION OF THE GREATER CLINTON AREA

What is the EIN of PEARL FOUNDATION OF THE GREATER CLINTON AREA?
The employer identification number (EIN) of PEARL FOUNDATION OF THE GREATER CLINTON AREA is 87-2509430.
Is PEARL FOUNDATION OF THE GREATER CLINTON AREA tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to PEARL FOUNDATION OF THE GREATER CLINTON AREA tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PEARL FOUNDATION OF THE GREATER CLINTON AREA 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 OF THE GREATER CLINTON AREA 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 OF THE GREATER CLINTON AREA last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of PEARL FOUNDATION OF THE GREATER CLINTON AREA?
The 990 for the year ended December 31, 2024 names JOEY SMITH.
Who are the officers and directors of PEARL FOUNDATION OF THE GREATER CLINTON AREA?
The 990 for the year ended December 31, 2024 lists 16 people; 1 received compensation from the organization, the highest $55,650 (KATHERINE BIRKBECK, PROGRAM DIRECT).
How much revenue does PEARL FOUNDATION OF THE GREATER CLINTON AREA have?
On its 990 for the year ended December 31, 2024 it reported revenue of $227,530, expenses of $207,209 and total assets of $75,881 at year end.

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