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Pearls Inc

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

EIN: 223800168 ✦ New brunswick, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Pearls Inc?

Pearls Inc is a nonprofit organization dedicated to promoting educational opportunities and offering scholarships to deserving candidates. Their mission is to assist individuals in pursuing higher education by providing not just tuition funding, but also covering related expenses from events organized by the foundation. This philanthropic entity supports the academic growth of its recipients, thereby empowering them to achieve their educational goals.

Is Pearls Inc legitimate?

Pearls Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pearls 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 Pearls Inc?

Pearls Inc's mission is centered around promoting educational activities and offering scholarships to eligible applicants. The organization aims to assist individuals who are committed to advancing their education. Scholarship recipients not only receive financial aid for tuition but also for expenses incurred during fundraising events organized by the foundation. The primary goal of Pearls Inc is to support and encourage personal growth through higher education.

Who is the CEO of Pearls Inc?

Yomi Forsh is the President of Pearls Inc.

What is the revenue of Pearls Inc?

Pearls Inc's revenue in 2021 was $18,689.

Who are the executives of Pearls Inc and what are their salaries?


Here are 6 key members and their salaries:


Yomi Forsh (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Candice Alfonso (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Hill (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rhonda J Ransom (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Rene Bullock (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marlena Castro (Financial Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Pearls Inc?

Pearls Inc's most recent form 990EZ was submitted in 2021 and can be accessed here.

Mission Statement of Pearls Inc

Pearls Inc, a nonprofit organization, is committed to promoting educational activities and extending financial assistance to qualified individuals aiming to advance their education. At the heart of Pearls Inc's mission is the support of individuals who are eager to further their studies. The recipients of these scholarships are not only provided with tuition coverage but also financial aid for expenses incurred during fundraising events organized by the foundation. This comprehensive approach enables individuals to focus on their educational pursuits without the added burden of financial stress.

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Impact




August, 2024

Pearls Inc's impact can be seen in its dedication to promoting educational activities and providing scholarships to qualified applicants. By supporting individuals who seek to further their education, Pearls Inc is making a significant difference in the lives of those who receive its scholarships. These recipients not only receive funding for tuition but also for expenses related to fundraising events organized by the foundation. Through its work, Pearls Inc is helping individuals achieve their educational goals and creating opportunities for a brighter future.




This information is meant to be a general summary of Pearls 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
$18,689 (2021)
Expenses
$3,821 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Gross Receipts: $55,141

Assets and Liabilities:

  • Total Assets: $83,092
  • Total Liabilities: $0
  • Net Assets: $83,092

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Organization Details

Principal Officer

Yomi Forsh

Main Address

PO Box 11011, New Brunswick, NJ, 089061011

NTEE Category

Code: B80 - Education

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