The Black Pearl Nail Academy Llc
- Assets
- $11.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Memphis, TN
- Founding
- Data as of
- 12/2021
- EIN
- 84-5034204
Organization Overview
The Black Pearl Nail Academy Llc is located in Memphis, TN. According to its NTEE Classification (B30) the organization is classified as: Vocational & Technical Schools, 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. Black Pearl Nail Academy Llc 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, Black Pearl Nail Academy Llc generated $195.7k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 44.1% each year . All expenses for the organization totaled $194.3k during the year ending 12/2021. While expenses have increased by 51.8% per year over the past 2 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
TO PROVIDE INSTRUCTION THROUGH A COMBINATION OF CLASSROOM THEORY, PRACTICAL APPLICATION, APPRENTICESHIP PROGRAMS AND CLINICAL EXPERIENCE TO INDIVIDUAL SEEKING EMPLOYMENT OR ENTREPRENUERSHIP IN THE FIELD OF COSMETOLOGY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephanie Mcdowell President | 10 | $0 | |
Jessica Green Vice President | 10 | $0 | |
Demeka Fields ESQ Treasurer | 10 | $0 | |
Barbara Deans ESQ Director | 5 | $0 | |
Helen Caldwell Director | 5 | $0 | |
Dr Betty Hines Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,725 |
| Total Program Service Revenue | $180,975 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $195,700 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $21,862 |
| Professional fees and other payments to independent contractors | $4,291 |
| Occupancy, rent, utilities, and maintenance | $17,298 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $150,865 |
| Total expenses | $194,316 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,614 |
| Other assets | $0 |
| Total assets | $11,614 |
| Total liabilities | $0 |
| Net assets or fund balances | $11,614 |
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