PROJECT PEARLS USA INC

EIN: 272624202 501(c)(3) International Affairs

San Francisco, CA

Total Revenue
$497,737
Total Expenses
$488,705
Total Assets
$17,848
Net Assets
$17,848
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
CA
Phone
6504381730
Tax Period
2024-01-01 to 2024-12-31

PROJECT PEARLS USA INC, founded in 2011, is a small nonprofit in the International Affairs sector that reported $498K in total revenue in fiscal year 2024. Revenue surged 52% from the prior year, signaling strong growth momentum.

Mission

Helping the poorest of the poor children and families in the Philippines to have a better life through education, literacy, empowerment, nutrition and health care.

Program Service Accomplishments

Program 1
Expenses: $214,806 Revenue: $0

Education Programs - we are able to send 763 beneficiaries to school from preschool to college through the Scholarship Program. Education programs that support these scholars include After School...

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Education Programs - we are able to send 763 beneficiaries to school from preschool to college through the Scholarship Program. Education programs that support these scholars include After School Program, Brain Booster Program, Literacy Clubs, Career Counseling, Mentorship Program. Including Empowerment and livelihood Program.

Program 2
Expenses: $142,354 Revenue: $0

Feeding Program. We serve daily breakfast for hundreds of children. The Feeding Program also includes daily breakfast for preschool scholars; Birthday Program where we celebrate our beneficiaries...

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Feeding Program. We serve daily breakfast for hundreds of children. The Feeding Program also includes daily breakfast for preschool scholars; Birthday Program where we celebrate our beneficiaries birthdays off site; it also includes thousands of meals and hundreds of grocery packs for hundreds of families during Christmas time.

Program 3
Expenses: $11,784 Revenue: $0

Health Care Programs - we provide free medical check-ups and medicines to children and families in the communities we serve. We also provide medical and dental missions. We also help out in paying...

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Health Care Programs - we provide free medical check-ups and medicines to children and families in the communities we serve. We also provide medical and dental missions. We also help out in paying medical bills and funeral expenses.

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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 (2024)

Revenue Breakdown

Contributions & Grants $497,737
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $497,737

Expense Breakdown

Grants Paid $368,944
Salaries & Benefits $87,204
Fundraising Expenses $0
Program Expenses $488,705
Other Expenses $32,557
TOTAL EXPENSES $488,705

Year-over-Year Comparison

2024 2023 Change
Revenue $497,737 $326,634 +0.5%
Expenses $488,705 $380,226 +0.3%
Net Income $9,032 $-53,592 -1.2%
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

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
8

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
1
$0
Total Directors
0
$0
Key Employees
1
$67,340
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Melissa Villa Executive Director 60
Key Emp Highest
$59,617 $7,723 $67,340
William Brandenburg Treasurer 3
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
2024 $497,737 $488,705 $17,848 $9,032
2023 $326,634 $380,226 $8,816 $-53,592
2022 $497,320 $552,591 $62,408 $-55,271
2021 $469,421 $537,799 $117,679 $-68,378
2020 $512,326 $357,112 $186,057 $155,214
2019 $345,427 $347,951 $30,843 $-2,524
2018 $288,694 $322,525 $33,367 $-33,831
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