Pearls Of Life Inc
- Assets
- $20.3k
- Revenue
- $48.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Forest, VA
- Founding
- Data as of
- 12/2023
- EIN
- 84-4856721
Organization Overview
Pearls Of Life Inc is located in Forest, VA. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pearls Of Life 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, Pearls Of Life Inc generated $48.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 56.1% each year . All expenses for the organization totaled $43.1k during the year ending 12/2023. While expenses have increased by 38.6% per year over the past 4 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vickie Runk President | 2 | $0 | |
Brian Runk Vice-President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $48,705 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $48,705 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $50 |
| Total operating and administrative expenses | $559 |
| Contributions, gifts, grants paid | $42,500 |
| Total expenses and disbursements | $43,059 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,255 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $20,255 |
| Accounts payable and accrued expenses | $11,659 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $11,659 |
Grants Awarded
Over the last fiscal year, Pearls Of Life Inc has awarded $40,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ALZHEIMER'S ASSOCIATION PURPOSE: TO SUPPORT RESEARCH FOR FINDING A CURE FOR ALZHEIMER'S | $35,000 |
LYNCHBURG HUMANE SOCIETY PURPOSE: PETS FOR SENIORS | $5,000 |