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Precious Gems Inc

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

EIN: 352523519 ✦ Randallstown, MD ✦ Designated as a 501(c)(3)

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Overview

What is Precious Gems Inc?

Precious Gems Inc is a nonprofit organization committed to empowering youths from disadvantaged areas. Their primary activities include conducting seminars to boost youth empowerment and promote economic growth among children and women. The foundation has also shown generosity by donating funds to various causes, such as youth counseling groups and charitable activities. Their mission extends beyond financial aid, as they strive to make a tangible impact on the lives of those they serve.

Is Precious Gems Inc legitimate?

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

Precious Gems Inc, as a foundation, focuses on empowering disadvantaged youth and women economically. Their mission includes conducting seminars to inspire and equip young individuals. They are committed to donating funds to charitable activities and supporting organizations that provide counseling to youth. The foundation's work also involves contributing financially to various causes and organizing seminars aimed at empowering youth.

Who is the CEO of Precious Gems Inc?

Crystal L Bass is the President of Precious Gems Inc.

What is the revenue of Precious Gems Inc?

Precious Gems Inc's revenue in 2020 was $250.

Who are the executives of Precious Gems Inc and what are their salaries?


Here are 2 key members and their salaries:


Crystal L Bass (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
William L Haynes (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Precious Gems Inc?

Precious Gems Inc's most recent form 990EZ was submitted in 2020 and can be accessed here.

Mission Statement of Precious Gems Inc

Precious Gems Inc, a nonprofit organization, is dedicated to empowering youths from disadvantaged areas. Their mission encompasses two key aspects: youth empowerment and economic empowerment, with a particular focus on children and women. To achieve this, the foundation conducts seminars aimed at empowering youths, offering them the tools and knowledge necessary to overcome their challenges.

In addition to seminars, Precious Gems Inc also takes an active role in supporting local initiatives. They have donated funds to a youth counseling group and contributed to various charitable activities, demonstrating their commitment to the wellbeing of their community. The organization's mission extends beyond just seminars and donations, as they also strive to economically empower women and children. This is achieved by providing them with the resources necessary to improve their lives and enhance their opportunities.

In summary, Precious Gems Inc is a nonprofit organization that is dedicated to empowering youths from disadvantaged areas. Through their seminars, donations, and economic support, they aim to provide youths with the tools they need to succeed, and empower women and children to improve their lives.

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Impact




October, 2024

Precious Gems Inc has made a significant impact by conducting youth empowerment seminars aimed at fostering economic growth and self-sufficiency among children and women from disadvantaged areas. By focusing on youth development, the foundation has provided vital resources and support that enable young individuals to build their skills and confidence.

Their initiatives include financial contributions to youth counseling groups, which help provide essential guidance and support. Additionally, the foundation has funded various charitable activities, further extending their reach and influence in the community. Through these efforts, Precious Gems Inc plays a crucial role in uplifting underserved populations in Randallstown, MD, helping to create a brighter, more equitable future for the youth they serve.




This information is meant to be a general summary of Precious Gems 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
$250 (2020)
Expenses
$0 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Gross Receipts: $250

Assets and Liabilities:

  • Total Assets: $1
  • Total Liabilities: $0
  • Net Assets: $1

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Organization Details

Principal Officer

Crystal L Bass

Main Address

4210 HERRERA CT, RANDALLSTOWN, MD, 21133

NTEE Category

Code: O20 - Youth development

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