Pearl Improvement And Recreation Council
- Assets
- $72.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 06/1977
- Data as of
- 01/2024
- EIN
- 41-1298650
Organization Overview
Pearl Improvement And Recreation Council is located in Minneapolis, MN. The organization was established in 1977. According to its NTEE Classification (N99) the organization is classified as: Recreation & Sports N.E.C., under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pearl Improvement And Recreation Council 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 01/2024, Pearl Improvement And Recreation Council generated $63.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $58.2k during the year ending 01/2024. As we would expect to see with falling revenues, expenses have declined by (10.2%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
OPERATED YOUTH SPORTS AND RECREATIONAL PROGRAMS BENEFITTING APPROXIMATELY 1,100 NEIGHBORHOOD YOUTHS. PEARL PROVIDED VOLUNTEER ORGANIZATIONS AND COACHES, UNIFORMS, EQUIPMENT, SUPPLIES AND ALL OTHER SUPPORT PROVIDED THROUGH THIS PROGRAM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jerome Rokke President And Secretary | 4 | $0 | |
Gretchen Tuck Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,452 |
| Total Program Service Revenue | $61,895 |
| Membership dues | $0 |
| Investment income | $432 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $63,779 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $8,211 |
| Occupancy, rent, utilities, and maintenance | $8,043 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $40,932 |
| Total expenses | $58,186 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $72,942 |
| Other assets | $0 |
| Total assets | $72,942 |
| Total liabilities | $0 |
| Net assets or fund balances | $72,942 |