VIRGINIA BEACH PEARLS FOUNDATION

EIN: 460565567 501(c)(3) Philanthropy & Grantmaking

VIRGINIA BEACH, VA

Total Revenue
$6,401
Total Expenses
N/A
Total Assets
N/A
Net Assets
N/A
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
VA
Principal Officer
JANELLE WILSON
Phone
7574948837
Tax Period
2025-01-01 to 2025-12-31

VIRGINIA BEACH PEARLS FOUNDATION, founded in 2012, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $75K in total revenue in fiscal year 2024.

Mission

PROVIDING EDUCATIONAL SCHOLARSHIPS TO YOUNG WOMEN IN THE VIRGINIA BEACH, VIRGINIA AREA.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $6,401
TOTAL REVENUE $6,401

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $44,040
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2025 2024 Change
Revenue $6,401 $75,348 -0.9%
Expenses N/A N/A N/A
Net Income N/A $75,348 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

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Liquidity & Cash Position

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Governance

Voting Members
21
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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JANELLE WILSON PRESIDENT 020.00
Officer
$0 $0 $0
YONNA BILLINGSLEY TREASURER 010.00
$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
2025 $6,401 No data No data No data
2024 $75,348 No data No data No data
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