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Pearson Foundation

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

EIN: 640935063 ✦ Pearl, MS ✦ Designated as a 501(c)(3)

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Overview

What is Pearson Foundation?

Pearson Foundation is a nonprofit organization located in Pearl, Mississippi, with a focus on youth development. They operate programs that employ a Prayer-Care-Share approach, aiming to enhance and positively transform people's lives. By providing various services and activities through this method, the foundation works diligently to fulfill its mission.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 57% (One-Star out of Four Stars)

The Pearson Foundation has received a low rating of 57% from Charity Navigator, reflecting concerns primarily related to governance and transparency. Notably, the organization has no independent board members, which raises questions about its accountability. While it scores well in areas such as material asset diversion and program expense ratio, it lacks essential documentation on its website, which negatively impacts its overall score.

Despite the challenges noted in the accountability metrics, user reviews on platforms like Great Nonprofits highlight the foundation's positive community impact. Volunteers and board members alike commend the organization for its commitment to supporting youth in underserved areas, providing mentoring, tutoring, and various enrichment activities. Many express a strong sense of fulfillment from their involvement with the foundation, underscoring its significance in the community.

On the downside, the lack of certain policies and publicly available documents may hinder trust and transparency for potential donors and volunteers. While the organization demonstrates a strong dedication to its mission and has fostered meaningful relationships with its participants, addressing the governance issues noted by Charity Navigator could enhance its credibility and effectiveness in the long term.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

Is Pearson Foundation legitimate?

Pearson Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pearson Foundation 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: $74,700
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,913

For more financial information, click here

What is the mission statement of Pearson Foundation?

The Pearson Foundation's mission is to positively transform lives by providing services and activities through a prayer-care-share approach. This approach aims to add value to individuals' lives, fulfilling the foundation's mission. The Pearson Foundation focuses on operating programs specifically designed for youth, with the goal of making a significant impact on their lives.

Who is the CEO of Pearson Foundation?

Jarvis Ward is the President of Pearson Foundation.

What is the revenue of Pearson Foundation?

Pearson Foundation's revenue in 2022 was $146,579.

Who are the executives of Pearson Foundation and what are their salaries?


Here are 9 key members and their salaries:


Jarvis Ward (President)
  • Compensation: $62,196
  • Related: $0
  • Other: $0
Thornton Castl (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brena C Ward (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kaitlyn Ward (Asst Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maurice Hender (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jenell Chavis (Dir Of Develop)
  • Compensation: $4,100
  • Related: $0
  • Other: $0
Tina Carroll (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trey Ross (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Betty Lloyd (Instructor)
  • Compensation: $16,500
  • Related: $0
  • Other: $0
Where can I find the form 990 for Pearson Foundation?

Pearson Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Pearson Foundation

The Pearson Foundation, with a prayer-care-share approach, aims to positively transform people's lives by providing services and activities. Their mission is to add value to individuals' lives through this approach, ultimately leading to fulfillment of their objectives. The foundation operates programs specifically focused on youth, employing this distinctive prayer-care-share methodology to bring about positive change.

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Impact




October, 2024

The Pearson Foundation significantly impacts the community by focusing on the holistic development of youth. Through its prayer-care-share approach, it adds value to individual lives, enabling positive transformations. By offering targeted programs and activities, the foundation addresses the specific needs of young people, fostering their growth and well-being. This commitment not only enhances the personal lives of these youths but also contributes to stronger, more resilient communities in Pearl, MS. Through its mission, the Pearson Foundation effectively promotes meaningful change, demonstrating the power of supportive services in shaping brighter futures.




This information is meant to be a general summary of Pearson Foundation. 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
$146,579 (2022)
Expenses
$139,561 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $146,579

Assets and Liabilities:

  • Total Assets: $27,159
  • Total Liabilities: $0
  • Net Assets: $27,159

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Organization Details

Principal Officer

Jarvis Ward

Main Address

P O BOX 54056, PEARL, MS, 39288

NTEE Category

Code: P40 - Human services

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