Global Pearls Inc

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

EIN: 813680165 ✦ Albuquerque, NM ✦ Designated as a 501(c)(3)

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Overview

What is Global Pearls Inc?

Global Pearls Inc is a nonprofit organization dedicated to alleviating poverty and suffering in developing countries, with a particular focus on women, children, and marginalized groups. During challenging times such as the pandemic, drought, and food price increases, they provided food staples to 700 families in Marrakech, Morocco. Their mission also includes vocational training in food industry skills for impoverished women and supporting teacher training to expand a deaf school. Global Pearls Inc's approach to poverty reduction is through grass-roots efforts, with a strong emphasis on education and training.


Official website here: www.globalpearls.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 100%

Global Pearls Inc has achieved an impressive Four-Star out of Four Star rating from Charity Navigator, reflecting its commitment to transparency and financial health. With a perfect score in Accountability & Finance, the organization demonstrates a strong governance structure, as indicated by its fully independent board and comprehensive oversight measures. This level of accountability is crucial for building trust with donors and stakeholders.

The charity excels in maintaining a high Program Expense Ratio of 98.29%, which signifies that a significant majority of its funds are directed towards its mission-driven programs. Furthermore, it has a perfect score in Culture & Community, showcasing effective practices in gathering and utilizing feedback, as well as addressing challenges faced by the organization. These elements underscore the charity's dedication to continuous improvement and community engagement.

Additionally, Global Pearls Inc has scored perfectly in Leadership & Adaptability, indicating strong strategic planning and leadership capabilities. This suggests that the organization is not only well-managed but also well-prepared to adapt to changes and challenges in the nonprofit landscape. Overall, the data reflects a robust and effective organization with a high level of accountability and community involvement.


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

Is Global Pearls Inc legitimate?

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

What is the mission statement of Global Pearls Inc?

Global Pearls Inc's mission is centered around economic development, specifically targeting poverty alleviation in developing countries. The organization emphasizes grassroots efforts and focuses on education and training as primary tools. This approach is particularly beneficial for marginalized groups, including women and children. Global Pearls Inc's objective is to address the root causes of poverty, striving to make a significant impact in these communities.

During challenging times such as the pandemic, droughts, and food price increases due to conflicts, Global Pearls Inc has shown its commitment by providing aid. In Marrakech, Morocco, for instance, they distributed a month's worth of food staples to 700 families in need. Furthermore, they have re-initiated vocational training programs in food industry skills for impoverished women and supported teacher training to expand a deaf school.


Official website here: www.globalpearls.org

Who is the CEO of Global Pearls Inc?

Lisa Robinson-Spader is the President of Global Pearls Inc.


Official website here: www.globalpearls.org

What is the revenue of Global Pearls Inc?

Global Pearls Inc's revenue in 2022 was $1,093,237.


Official website here: www.globalpearls.org

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

There 11 volunteers at Global Pearls Inc.


Here are 5 key members and their salaries:


Lisa Robinson-Spader (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leemin Chong (Vice-Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arlene Say Soto (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christina Gardiner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Higbie (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.globalpearls.org

Where can I find the form 990 for Global Pearls Inc?

Global Pearls Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.globalpearls.org

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

Mission Statement of Global Pearls Inc

Global Pearls Inc, a nonprofit organization, is committed to addressing the root causes of poverty and suffering in developing countries. With a strong focus on grass-roots efforts, Global Pearls Inc primarily aims to uplift marginalized groups, including women and children, through education and training. Their mission is to alleviate poverty and improve living conditions in these communities, ultimately seeking to create a more equitable society. By promoting educational programs and vocational training, Global Pearls Inc empowers individuals to become self-sufficient and contribute positively to their communities. In times of crisis, such as the pandemic, drought, and conflict, Global Pearls Inc has shown resilience and dedication, providing essential resources and support to those in need.

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Impact




July, 2024

Global Pearls Inc's impact is significant in promoting economic development by focusing on grassroots efforts to alleviate poverty and suffering in developing countries, particularly through education and training, with a special emphasis on women, children, and other marginalized groups. In response to challenges such as the pandemic, severe drought, and increased food prices due to the war in Ukraine, Global Pearls Inc provided essential support to the Marrakech community in Morocco. The organization distributed a month's worth of food staples to 700 families in need and re-initiated vocational training programs in the food industry for impoverished women. Additionally, Global Pearls Inc supported teacher training to expand educational opportunities for deaf students. Through its activities, Global Pearls Inc is working towards tackling the root causes of poverty and making a positive impact on communities in need.




This information is meant to be a general summary of Global 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
$1,093,237 (2022)
Expenses
$804,488 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6,104
  • Gross Receipts: $1,093,237

Assets and Liabilities:

  • Total Assets: $826,068
  • Total Liabilities: $0
  • Net Assets: $826,068

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Organization Details

Founding Year

2016

Principal Officer

Lisa Robinson-Spader

Main Address

PO BOX 67080, ALBUQUERQUE, NM, 87193

NTEE Category

Code: Q30 - International

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