THE PEARL HIGH SCHOOL HERITAGE CLASSES FOUNDATION INC

EIN: 010819840 501(c)(3) Education

Antioch, TN

Total Revenue
$12,375
Total Expenses
$22,242
Total Assets
$9,155
Net Assets
$9,155
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
TN
Principal Officer
Novella M Page
Phone
6154150043
Tax Period
2023-01-01 to 2023-12-31

THE PEARL HIGH SCHOOL HERITAGE CLASSES FOUNDATION INC, founded in 2006, is a micro nonprofit in the Education sector that reported $12K in total revenue in fiscal year 2023. Expenses of $22K exceeded revenue, resulting in a 80% operating deficit.

Mission

To perpetuate awareness of, and pride in, the Pearl High School legacy by providing college scholarships for descendants of Pearl High School graduates.

Program Service Accomplishments

Program 1
Expenses: $0 Revenue: $0

Biennially (in even years), we raise funds for scholarships given in odd years.

Program 2
Expenses: $0 Revenue: $0

There is only one Program Service Accomplishment every odd year.

Program 3
Expenses: $0 Revenue: $0

There is only one Program Service Accomplishment every odd year.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $12,375
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $12,375

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $22,242
Program Expenses $0
Other Expenses $22,242
TOTAL EXPENSES $22,242

Year-over-Year Comparison

2023 2022 Change
Revenue $12,375 N/A N/A
Expenses $22,242 N/A N/A
Net Income $-9,867 $0 N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
19
Independent Members
N/A
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Henry Irvin President 1.0
Officer
$0 $0 $0
Mildred Saffell-Smith Secretary 1
Officer
$0 $0 $0
Sheila Smith Financial Secretary 1
Officer
$0 $0 $0
Novella Page Treasurer 1
Officer
$0 $0 $0
Troy Merritt Parliamentarian 1
Officer
$0 $0 $0
John Howard Chaplain 1
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2023 $12,375 $22,242 $9,155 $-9,867
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