20 Pearls Foundation Inc is located in Las Vegas, NV. The organization was established in 2009. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 20 Pearls Foundation 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 12/2023, 20 Pearls Foundation Inc generated $165.7k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $99.6k during the year ending 12/2023. While expenses have increased by 2.2% per year over the past 9 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
MAJOR PROGRAM OF THE FOUNDATION IS ITS SCHOLARSHIP PROGRAM WHICH, VIA ANNUAL FUND RAISING EFFORTS, PROVIDES FUNDS FOR GRADUATES OF CLARK COUNTY, NEVADA SCHOOLS TO ATTEND COLLEGE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Angel Riley President | 25 | $0 | |
Andrea Johnson Vice President | 15 | $0 | |
Deanna Riddle Treasurer | 20 | $0 | |
Breanna Jones Givens Financialsecretary | 15 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $35,358 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $78 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $130,229 |
Other Revenue | $0 |
Total Revenue | $165,665 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $99,572 |
Total expenses | $99,572 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $136,240 |
Other assets | $0 |
Total assets | $136,340 |
Total liabilities | $0 |
Net assets or fund balances | $136,340 |