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The Pearl Group Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 010760434 ✦ Chattanooga, TN ✦ Designated as a 501(c)(3)

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Overview

What is The Pearl Group Inc?

The Pearl Group Inc, a nonprofit organization, is committed to empowering high-achieving students by providing scholarships. This is achieved through a rigorous selection process, which involves application submission, essay writing, and the presentation of academic transcripts. Their primary objective is to foster education and youth development, contributing positively to the future of deserving students. This philanthropic endeavor allows The Pearl Group Inc to make a significant impact on the lives of young individuals, thereby promoting academic excellence and personal growth.

Is The Pearl Group Inc legitimate?

The Pearl Group Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Pearl Group Inc submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

What is the mission statement of The Pearl Group Inc?

The Pearl Group Inc's mission involves providing scholarships to high-performing students following a rigorous application process, which includes submitting transcripts and writing essays. This initiative, aimed at supporting education and youth development, is designed to empower these students. The organization's efforts are directed towards fostering academic excellence and shaping the future of the youth.

Who is the CEO of The Pearl Group Inc?

Gene Settles is the President of The Pearl Group Inc.

What is the revenue of The Pearl Group Inc?

The Pearl Group Inc's revenue in 2022 was $13,675.

Who are the executives of The Pearl Group Inc and what are their salaries?


Here are 6 key members and their salaries:


Gene Settles (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Curtis Collier (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Maston (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Mayes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Ulmer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary James (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for The Pearl Group Inc?

The Pearl Group Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of The Pearl Group Inc

The Pearl Group Inc, a nonprofit organization, is committed to supporting education and youth development by offering scholarships to high-achieving students. This is accomplished through a rigorous selection process that involves applicants submitting their transcripts and writing essays. The scholarships aim to recognize and reward academic excellence, thereby empowering young individuals to pursue their educational goals. By providing these scholarships, The Pearl Group Inc plays a significant role in fostering the next generation of leaders and thinkers.

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Impact




August, 2024

The impact of The Pearl Group Inc can be seen through the meaningful opportunities it provides to high-achieving students through scholarship programs. By awarding scholarships through a competitive process that involves applications, submission of transcripts, and essay writing, The Pearl Group Inc supports education and youth development in Chattanooga, TN. This organization is instrumental in helping deserving students access educational opportunities that can positively impact their future.




This information is meant to be a general summary of The Pearl Group Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$13,675 (2022)
Expenses
$71,175 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $4,000
  • Gross Receipts: $13,675

Assets and Liabilities:

  • Total Assets: $280,904
  • Total Liabilities: $198,974
  • Net Assets: $81,930

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Organization Details

Principal Officer

Gene Settles

Main Address

PO BOX 822, CHATTANOOGA, TN, 37401

NTEE Category

Code: P03 - Human services

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