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The Pearl House Inc

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

EIN: 830390677 ✦ Tulsa, OK ✦ Designated as a 501(c)(3)

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Overview

What is The Pearl House Inc?

The Pearl House Inc, situated in Tulsa, Oklahoma, is a nonprofit organization that offers shelter, counseling, and trauma-informed care to support the healing, mental health, and spiritual growth of young women coming from challenging backgrounds. Their mission is to help these women overcome adversity and acquire essential life skills, enabling them to transition from a life marked by hardship, ignorance, and fear. In addition to their operations in the United States, The Pearl House extends its reach to underserved communities in Ghana, where they provide physical care, emotional support, spiritual development, and life-changing academic and vocational opportunities. With a dedicated team of seven employees, they strive to empower these young women to discover their unique identities and purposes, ultimately contributing to a brighter future for them, their communities, and their nation.


Official website here: www.thepearlhouse.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83% (Three-Star out of Four Star rating)

The Pearl House Inc has received a commendable rating of 83%, reflecting a solid overall performance in accountability and finance. With a strong score of 90% in this category, the organization demonstrates effective management of its resources, which is highlighted by a program expense ratio of 85.87%. This suggests that a significant portion of their funds is directed towards their mission, which focuses on supporting at-risk young women in Ghana through housing, education, and vocational training.

The organization benefits from a well-structured governance model, with 78% of its board members being independent, ensuring decisions are made with the best interests of the charity in mind. Additionally, The Pearl House has established clear policies regarding conflicts of interest, whistleblowing, and document retention, contributing to its robust accountability framework. These governance strengths are indicative of a commitment to transparency and effective oversight.

However, despite the strong financial management and governance practices, some areas for improvement could be considered to enhance overall effectiveness. Notably, the organization could further bolster its leadership and adaptability score, which currently stands at a perfect 100%, by regularly assessing its operational strategies to ensure long-term sustainability and growth in impact.


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

Is The Pearl House Inc legitimate?

The Pearl House Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Pearl House 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: $109,259
Professional Fundraising Fees: $0
Other Salaries and Wages: $101,834

For more financial information, click here


Official website here: www.thepearlhouse.org

What is the mission statement of The Pearl House Inc?

The mission of The Pearl House Inc is centered around assisting young women from disadvantaged backgrounds. Their goal is to help these women overcome adversities such as hunger, ignorance, and fear. They achieve this by offering physical care, emotional support, spiritual development, and educational and vocational opportunities. This holistic approach empowers the young women to discover their unique identities and purposes. Through this process, The Pearl House aims to contribute to a brighter future not only for these individuals but also for their communities and nation.


Official website here: www.thepearlhouse.org

Who is the CEO of The Pearl House Inc?

Steven Bullard is the President of The Pearl House Inc.


Official website here: www.thepearlhouse.org

What is the revenue of The Pearl House Inc?

The Pearl House Inc's revenue in 2022 was $1,714,190.


Official website here: www.thepearlhouse.org

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

The average compensation at The Pearl House Inc during 2022 was $30,156. There are 7 employees and 86 volunteers at The Pearl House Inc.


Here are 14 key members and their salaries:


Courtney Bullard (President)
  • Compensation: $59,051
  • Related: $0
  • Other: $0
Kathy Hitchcock (Secretary)
  • Compensation: $38,208
  • Related: $0
  • Other: $0
Steve Bullard (Treasurer)
  • Compensation: $12,000
  • Related: $0
  • Other: $0
Eric Schleicher (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hugh Keen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jill Trice (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Fitzgerald (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Russ Collier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clay Robinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Weaver (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gene Phillips (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Fasold (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Weidman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie Rock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.thepearlhouse.org

Where can I find the form 990 for The Pearl House Inc?

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


Official website here: www.thepearlhouse.org

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

Mission Statement of The Pearl House Inc

The Pearl House Inc, a nonprofit organization, is committed to aiding young women hailing from disadvantaged backgrounds. Its mission is to safeguard, instill confidence, and foster spiritual growth in these at-risk females residing in underserved communities in Ghana. By offering essential physical care, emotional support, and spiritual development, The Pearl House empowers these girls to recognize their individual identities and purposes in life, guided by their faith in Christ. Furthermore, the organization provides life-transforming academic and vocational opportunities, enabling these young women to shape a brighter future not only for themselves but also for their communities and nation at large.

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Impact




July, 2024

The Pearl House Inc's impact lies in its dedicated efforts to assist young women from high-risk living conditions in surviving and acquiring the necessary skills to transition from a life of hunger, ignorance, and fear. Through its flagship initiative, The Pearl House Haven, the organization offers shelter, counseling, and trauma-informed care to promote healing, mental health, and spiritual growth among these vulnerable individuals. By focusing on protecting, educating, and discipling at-risk young women in underserved communities of Ghana, The Pearl House empowers these individuals to discover their unique identity and purpose in Christ. Through a holistic approach that includes physical care, emotional support, spiritual development, and life-changing academic/vocational opportunities, the organization is shaping a brighter future not only for the girls it serves but also for their communities and nation. The Pearl House Inc's impact in the realm of youth development is truly profound and transformative.




This information is meant to be a general summary of The Pearl House 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
$1,714,190 (2022)
Expenses
$1,544,003 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5,959
  • Gross Receipts: $1,807,798

Assets and Liabilities:

  • Total Assets: $906,270
  • Total Liabilities: $11,755
  • Net Assets: $894,515

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Organization Details

Founding Year

2003

Principal Officer

Steven Bullard

Main Address

5550 S Lewis Ave Ste 303, Tulsa, OK, 74105

NTEE Category

Code: O55 - Youth development

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