PEARL INITIATIVE INC (EIN 454442459) - Form 990 Financial Analysis & Trantor Score

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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

2010

Legal Domicile

Principal Officer

Pankaj Khatri

Tax Period

2023-01-01 to 2023-12-31

PEARL INITIATIVE INC, founded in 2010, is a small nonprofit in the Community Improvement sector that reported $937K in total revenue in fiscal year 2023. Expenses of $1.1M exceeded revenue, resulting in a 22% operating deficit.

Mission

Pearl Initiative is an association of persons having a common business interest in trade between the United States and the Arabian Gulf region and within the region.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $381,706

Program Service Revenue $475,000

Investment Income $80,163

Other Revenue $0

TOTAL REVENUE $936,869

Expense Breakdown

Grants Paid $0

Salaries & Benefits $884,640

Fundraising Expenses $0

Program Expenses $968,134

Other Expenses $254,989

TOTAL EXPENSES $1,139,629

Year-over-Year Comparison

	2023	2022	Change
Revenue	$936,869	$923,271	+0.0%
Expenses	$1,139,629	$1,170,355	0.0%
Net Income	$-202,760	$-247,084	-0.2%

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

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$118,380

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Pankaj Khatri	Head of Busines	40.00	Officer	$114,364	$4,016	$118,380
Abdullah Sweileh	Director	0.50	Director	$0	$0	$0
MATHAD ALAJMI	Director	0.50	Director	$0	$0	$0
SHEIKHA INTISAR AL SABAH	Director	0.50	Director	$0	$0	$0
PERVEZ AKHTAR	Director	0.50	Director	$0	$0	$0
AMIR DOSSAL	Executive Comm.	5.00	Director	$0	$0	$0
HANI ASHKAR	Director	0.50	Director	$0	$0	$0
BADR JAFAR	Executive Comm.	5.00	Director	$0	$0	$0
Samer Said Khoury	Director	0.50	Director	$0	$0	$0
Hamid Jafar	Director	0.50	Director	$0	$0	$0
PATRICK CHALHOUB	Director	0.50	Director	$0	$0	$0
Jamal Fakhro	Chairman	0.50	Officer Director	$0	$0	$0
CAMPBELL M STEEDMAN	Director	0.50	Director	$0	$0	$0
AYMAN TAMER	Director	0.50	Director	$0	$0	$0
VAROUJ NERGUIZIAN	Director	0.50	Director	$0	$0	$0
Sheikha Hanadi Bint Nasser Bin	Director	0.50	Director	$0	$0	$0
AHMED AL JANAHI	Director	0.50	Director	$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	No data	No data	No data	No data
2023	$936,869	$1,139,629	$1,921,690	$-202,760
2022	$923,271	$1,170,355	$2,058,110	$-247,084
2021	$661,891	$1,001,646	$2,134,359	$-339,755
2020	$825,151	$1,039,912	$2,602,368	$-214,761
2019	$1,613,782	$1,246,215	$2,868,341	$367,567
2018	$1,855,208	$1,316,757	$2,487,834	$538,451

PEARL INITIATIVE INC