Project Pearls Usa Inc
- Assets
- $117.7k
- Revenue
- $469.4k
- Investments
- $0.0
- Employees
- 2
- Location
- San Francisco, CA
- Founding
- 06/2011
- Data as of
- 12/2021
- EIN
- 27-2624202
Organization Overview
Project Pearls Usa Inc is located in San Francisco, CA. The organization was established in 2011. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, Project Pearls USA Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Project Pearls USA Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Project Pearls USA Inc generated $469.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.2% each year . All expenses for the organization totaled $537.8k during the year ending 12/2021. While expenses have increased by 20.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
HELPING THE POOREST OF THE POOR CHILDREN AND FAMILIES IN THE PHILIPPINES TO HAVE A BETTER LIFE THROUGH EDUCATION, LITERACY, EMPOWERMENT, NUTRITION, HEALTH CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION PROGRAMS - WE ARE ABLE TO SEND 635 BENEFICIARIES TO SCHOOL FROM PRESCHOOL TO COLLEGE THROUGH THE SCHOLARSHIP PROGRAM. EDUCATION PROGRAMS THAT SUPPORT THESE SCHOLARS INCLUDE AFTER SCHOOL PROGRAM, BRAIN BOOSTER PROGRAM, LITERACY CLUBS, READING AND TOY LIBRARY, MENTORSHIP PROGRAM.
FEEDING PROGRAM. WE SERVE DAILY BREAKFAST FOR HUNDREDS OF CHILDREN. THE FEEDING PROGRAM ALSO INCLUDES DAILY BREAKFAST FOR PRESCHOOL SCHOLARS; BIRTHDAY PROGRAM WHERE WE CELEBRATE OUR BENEFICIARIES BIRTHDAYS OFF SITE; IT ALSO INCLUDES THOUSANDS OF MEALS AND HUNDREDS OF GROCERY PACKS FOR HUNDREDS OF FAMILIES DURING CHRISTMAS TIME.
HEALTH CARE PROGRAMS - WE PROVIDE FREE MEDICAL CHECK-UPS AND MEDICINES TO CHILDREN AND FAMILIES IN THE COMMUNITIES WE SERVE. WE ALSO PROVIDE MEDICAL AND DENTAL MISSIONS. WE ALSO HELP OUT IN PAYING MEDICAL BILLS AND FUNERAL EXPENSES. TOTAL EXPENSES: $5712 G.R.O.W. - WE PROVIDE WORKSHOPS, SKILLS AND LIVELIHOOD TRAINING TO WOMEN. TOTAL EXPENSES IS $11212
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melissa Villa Executive Director | Trustee | 60 | $75,000 |
Edylyn Lagapa Treasurer | Officer | 3 | $0 |
Francesca Mateo Secretary | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $469,421 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $469,421 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $469,421 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $76,625 |
| Compensation of current officers, directors, key employees. | $76,625 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,243 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $18,432 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $604 |
| Office expenses | $17,648 |
| Information technology | $2,801 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,644 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $412,802 |
| Total functional expenses | $537,799 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $117,679 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $117,679 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $117,679 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $117,679 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Project Pearls Usa Inc has recieved totaling $25,054.
| Awarding Organization | Amount |
|---|---|
Good Hope Seeders Millbrae, CA PURPOSE: TO HELP THE POOREST OF THE POOR CHILDREN TO HAVE A BETTER LIFE BY GIVING THEM PEARLS: PEACE, EDUCATION, ASPIRATION, RESPECT, LOVE AND SMILES THROUGH EDUCATION, EMPOWERMENT, NUTRITION, NOURISHMENT, AND HEALTHCARE. | $10,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $6,590 |
Schwab Charitable Fund San Francisco, CA PURPOSE: INTERNATIONAL, FOREIGN AFFAIRS | $6,100 |
Synchrony Foundation Stamford, CT PURPOSE: EMPLOYER MATCHING GIFT PROGRAM | $2,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $364 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Good Neighbors Global Partnership Center Tustin, CA | $7,369,016 | $74,277,628 |
Give2asia Oakland, CA | $46,076,655 | $66,536,782 |
International Relief Teams San Diego, CA | $7,706,512 | $52,337,669 |
Armenia Artsakh Fund Inc Northridge, CA | $19,924 | $33,562,642 |
Global Operations And Development- Giving Children Hope Buena Park, CA | $8,064,213 | $30,512,149 |
Eden Reforestation Projects Glendora, CA | $7,036,830 | $26,588,598 |
Mission Without Borders International Camarillo, CA | $12,905,795 | $20,022,100 |
Assist International Inc Ripon, CA | $15,283,547 | $16,657,420 |
Maranatha Volunteers International Inc Roseville, CA | $22,832,161 | $24,229,076 |
Alliance For Medical Outreach And Relief Fresno, CA | $15,431,819 | $11,809,946 |
Iris Global Redding, CA | $6,251,509 | $13,219,595 |
Behring Global Educational Foundation Danville, CA | $225,486,118 | $12,863,733 |