Pearls Of Service Inc
- Assets
- $139.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Plano, TX
- Founding
- 09/2002
- Data as of
- 12/2021
- EIN
- 73-1637025
Organization Overview
Pearls Of Service Inc is located in Plano, TX. The organization was established in 2002. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pearls Of Service 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, Pearls Of Service Inc generated $49.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.3% each year . All expenses for the organization totaled $34.1k during the year ending 12/2021. While expenses have increased by 18.2% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PROVIDES SCHOLARSHIPS TO YOUNG LADIES IN HIGH SCHOOL VIA ITS ANNUAL DEBUTANTE BALL. COMMUNITY SERVICE PROJECTS ARE PERFORMED AS WELL AS VARIOUS WORKSHOPS ARE PRESENTED REGARDING LIFE SKILLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cherise Austin President | 7 | $0 | |
Dewanna Jefferson Vice Pres. | 5 | $0 | |
Lashonda Talley Secretary | 1 | $0 | |
Myra Brown Financial Secretary | 10 | $0 | |
Shannon Booty Treasurer | 10 | $0 | |
Shuntel Love Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $42,942 |
| Total Program Service Revenue | $0 |
| Membership dues | $6,565 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$450 |
| Other Revenue | $0 |
| Total Revenue | $49,057 |
| 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 | $425 |
| Occupancy, rent, utilities, and maintenance | $1,597 |
| Printing, publications, postage, and shipping | $204 |
| Other expenses | $31,880 |
| Total expenses | $34,106 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $139,247 |
| Other assets | $0 |
| Total assets | $139,247 |
| Total liabilities | $0 |
| Net assets or fund balances | $139,247 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Pearls Of Service Inc has recieved totaling $2,051.
| Awarding Organization | Amount |
|---|---|
Morgan Stanley Foundation Inc New York, NY PURPOSE: VOLUNTEER INCENTIVE PROGRAM | $1,500 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $51 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lakewest Revitalization Foundation Inc Dallas, TX | $0 | $14,279 |
Mid-Delta Community Services Inc Helena, AR | $2,889,498 | $10,056,138 |
Communities Unlimited Inc Fayetteville, AR | $26,843,803 | $9,936,122 |
San Antonio Area Foundation Group Return San Antonio, TX | $40,579,905 | $5,477,004 |
Economic Opportunity Agency Of Washington County Inc Springdale, AR | $5,019,111 | $7,887,315 |
World Technical Services Inc San Antonio, TX | $2,009,761 | $7,407,418 |
Delta Community Action Association Inc Tallulah, LA | $2,682,123 | $8,135,037 |
Cinco Ranch Residential Association Dallas, TX | $13,739,829 | $9,730,745 |
Fifth Ward Community Redevelopment Houston, TX | $11,525,956 | $8,246,995 |
Ozark Opportunities Inc Harrison, AR | $2,913,630 | $6,819,793 |
Southwest Oklahoma Community Action Group Inc Altus, OK | $4,395,408 | $6,280,585 |
Texas Appleseed Austin, TX | $7,949,482 | $7,859,791 |