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The Pearl Foundationinc

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

EIN: 562638674 ✦ Marietta, GA ✦ Designated as a 501(c)(3)

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Overview

What is The Pearl Foundationinc?

The Pearl Foundationinc, located in Marietta, Georgia, is a nonprofit organization dedicated to enhancing the lives of its residents in Georgia. Their mission involves making grants and gifts to support various initiatives, including cultural projects in the arts and humanities, education at all levels, health care for various community segments, financial literacy, and economic empowerment, as well as a wide range of human services. Additionally, they award college scholarships to high school seniors who are planning to attend four-year colleges. The Pearl Foundationinc seeks to empower individuals for success, aiming to improve the overall well-being of the community.


Official website here: www.thepearlfoundationga.org

Is The Pearl Foundationinc legitimate?

The Pearl Foundationinc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Pearl Foundationinc submitted a form 990, 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.thepearlfoundationga.org

What is the mission statement of The Pearl Foundationinc?

The Pearl Foundationinc is committed to improving the well-being of individuals and empowering them for success. They achieve this by providing grants and support to various initiatives. In the realm of arts and humanities, they fund cultural projects. They also encourage and aid education at all levels, ensuring access to quality education for all. Additionally, they focus on health care, striving to make it accessible for all segments of the community. Financial literacy and economic empowerment are also key areas of concern for The Pearl Foundationinc. Moreover, they support a wide range of human services, aiming to uplift and assist individuals in need.


Official website here: www.thepearlfoundationga.org

Who is the CEO of The Pearl Foundationinc?

Stacy Grooms is the President of The Pearl Foundationinc.


Official website here: www.thepearlfoundationga.org

What is the revenue of The Pearl Foundationinc?

The Pearl Foundationinc's revenue in 2022 was $268,940.


Official website here: www.thepearlfoundationga.org

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


Here are 6 key members and their salaries:


Stacy Grooms (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Atwater (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Atwater (Financial Se)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kimberly Boyd (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tommye Campbell (Development)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paula Billups (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.thepearlfoundationga.org

Where can I find the form 990 for The Pearl Foundationinc?

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


Official website here: www.thepearlfoundationga.org

Learn more at the official website: www.thepearlfoundationga.org

Mission Statement of The Pearl Foundationinc

The Pearl Foundationinc is committed to enhancing the well-being of Georgia's residents and empowering individuals to succeed. It achieves this mission by granting and donating funds to support cultural projects in the arts and humanities. The organization also fosters education at all levels, ensuring access to quality healthcare for all segments of the community, promoting financial literacy and economic empowerment, and providing a wide range of human services. By engaging in these activities, The Pearl Foundationinc strives to make a significant impact in the lives of people living in Georgia, ultimately fostering a thriving and prosperous community.

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Impact




October, 2024

The Pearl Foundationinc significantly enhances the well-being of residents in Georgia through a multifaceted approach aimed at empowering individuals for success. By providing grants and gifts, the organization supports a variety of cultural projects in the arts and humanities, fostering a rich community spirit and enhancing cultural awareness.

Its commitment to education is evident in the college scholarships awarded to high school seniors planning to attend four-year colleges, promoting higher education as a pathway to opportunity. The foundation encourages educational pursuits at all levels, ensuring that learning is accessible to everyone.

Moreover, by prioritizing health care for all segments of the community, The Pearl Foundationinc addresses critical health disparities and promotes overall wellness. Its focus on financial literacy and economic empowerment equips individuals with essential skills needed to navigate financial challenges, contributing to long-term economic stability.

Through a wide range of human services, the foundation meets the diverse needs of the community, making a lasting impact on the lives it touches. Overall, The Pearl Foundationinc plays a vital role in enhancing community welfare and fostering a successful, empowered citizenry in Georgia.




This information is meant to be a general summary of The Pearl Foundationinc. 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
$268,940 (2022)
Expenses
$111,015 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4,466
  • Gross Receipts: $268,940

Assets and Liabilities:

  • Total Assets: $707,820
  • Total Liabilities: $16,371
  • Net Assets: $691,449

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Organization Details

Founding Year

2006

Principal Officer

Stacy Grooms

Main Address

PO BOX 674198, MARIETTA, GA, 30006

NTEE Category

Code: P81 - Human services

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