Pearls Of Service Inc
- Assets
- $89.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Plano, TX
- Founding
- 09/2002
- Data as of
- 12/2022
- 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 12/2022, Pearls Of Service Inc generated $41.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $81.2k during the year ending 12/2022. 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
2022
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 |
|---|---|---|---|
Lisa Washington President | 7 | $0 | |
Christina Wash Vice Pres. | 5 | $0 | |
Angela Washington Secretary | 1 | $0 | |
Lindzey Smith Treasurer | 10 | $0 | |
Myra Brown Financial Secretary | 10 | $0 | |
Saron Brown Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,714 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $21,442 |
| Other Revenue | $0 |
| Total Revenue | $41,156 |
| 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 | $650 |
| Occupancy, rent, utilities, and maintenance | $4,810 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $75,699 |
| Total expenses | $81,159 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $89,627 |
| Other assets | $0 |
| Total assets | $89,627 |
| Total liabilities | $0 |
| Net assets or fund balances | $89,627 |