Twenty Pearls Foundation Inc
- Assets
- $260.4k
- Revenue
- $216.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 12/2005
- Data as of
- 12/2021
- EIN
- 77-0645157
Organization Overview
Twenty Pearls Foundation Inc is located in Atlanta, GA. The organization was established in 2005. According to its NTEE Classification (E70) the organization is classified as: Public Health, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Twenty 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 12/2021, Twenty Pearls Foundation Inc generated $216.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 23.6% each year . All expenses for the organization totaled $147.5k during the year ending 12/2021. While expenses have increased by 11.5% per year over the past 6 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
TO PROVIDE IMPACTFUL COMMUNITY PROGRAMS TO THE CITIZENS IN THE EAST POINT AND COLLEGE PARK COMMUNITIES. TO AWARD SCHOLARSHIPS TO DESERVING STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS
HISTORICALLY BLACK COLLEGES AND UNIVERSITIES INITIATIVES
WOMENS HEALTH AND WELLNESS INITIATIVES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katrina Scott Vice President | Officer | 15 | $0 |
Corliss Melvin Assistant Secretary | Officer | 15 | $0 |
Kemyuana Johnson Corresponding Secretary | Officer | 15 | $0 |
Jennifer Stevens Financial Secretary | Officer | 15 | $0 |
Suzette Lesane President | Officer | 15 | $0 |
Tamara Ross Treasurer | Officer | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $35,640 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $111,941 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $147,581 |
| Total Program Service Revenue | $1,212 |
| Investment income | $18 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $67,724 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $216,535 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,700 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| 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 | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Total functional expenses | $147,522 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $260,364 |
| 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 | $260,364 |
| 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 | $0 |
| 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 | $260,364 |
| Total liabilities and net assets/fund balances | $260,364 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Twenty Pearls Foundation Inc has recieved totaling $31,776.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $30,715 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $1,061 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Health Systems Facilities Inc Gray, GA | $11,137,362 | $87,801,207 |
Appalachian Mountain Project Access Johnson City, TN | $1,105,071 | $31,691,594 |
Pace Of Guilford & Rockingham Counties Inc Greensboro, NC | $13,322,257 | $21,146,337 |
Mckinney Medical Center Inc Waycross, GA | $3,252,302 | $15,518,624 |
Community Care Center For Forsyth County Winston Salem, NC | $2,083,831 | $14,036,304 |
Partnership Health Center Inc Valdosta, GA | $1,458,604 | $11,973,905 |
Health Planning Council Of Sw Fla Fort Myers, FL | $3,751,405 | $12,073,667 |
Elderhaus Incorporated Wilmington, NC | $1,860,675 | $10,835,875 |
Palmetto Health Council Inc Palmetto, GA | $16,262,807 | $12,244,139 |
Chota Community Health Services Madisonville, TN | $17,550,852 | $15,242,557 |
The Camellia Foundation Inc Memphis, TN | $1,181,110 | $5,773,841 |
Council Of Interstate Testing Agencies Inc Sanford, NC | $995,933 | $3,546,764 |