Pearl Elegance Foundation

EIN: 464724189 501(c)(3) Philanthropy & Grantmaking

LAUREL, MD

Total Revenue
$215,194
Total Expenses
$89,049
Total Assets
$259,522
Net Assets
$245,197
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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
2014
Legal Domicile
MD
Tax Period
2023-01-01 to 2023-12-31

Pearl Elegance Foundation, founded in 2014, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $215K in total revenue in fiscal year 2023. The organization ran a surplus of $126K, a strong 59% operating margin.

Mission

Pearl Elegance Foundation Incorporated is uniquely positioned to mobilize our membership of volunteers from various career paths and experiences to serve our community. Our rich history of programs inspired by the international organization of Alpha Kappa Alpha Sorority Incorporated have served to fuel an energy of change in all walks of life. All of our members possess one specific mindset of service to all mankind. We are connected by strong ties of our causes and cares. Pearl Elegance Foundation Incorporated seeks to be a great and widespread outreach organization to our community. We want to see our youth more educated more polished more excited about learning and more prepared to attend higher educational institutions for future careers. We want our youth to be positive contributors to the fabric of this country and other communities where they live. We recognize that giving starts at home. Pearl Elegance Foundation Incorporated works to create more awareness of the health

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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 $206,507
Program Service Revenue $0
Investment Income $0
Other Revenue $8,687
TOTAL REVENUE $215,194

Expense Breakdown

Grants Paid $51,600
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $51,600
Other Expenses $37,449
TOTAL EXPENSES $89,049

Year-over-Year Comparison

2023 2022 Change
Revenue $215,194 N/A N/A
Expenses $89,049 N/A N/A
Net Income $126,145 N/A 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

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Liquidity & Cash Position

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

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Governance

Voting Members
660
Independent Members
660
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
10
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Benita Swindwell President 4.00
Officer
$0 $0 $0
Natalie Stephenson Vice President 4.00
Officer
$0 $0 $0
Sandra Yates Financial Secretary 4.00
Officer
$0 $0 $0
Michele Winston Treasurer 4.00
Officer
$0 $0 $0
Candyce Yates Secretary 4.00
Officer
$0 $0 $0
Melissa Ford Parliamentarian 4.00
Officer
$0 $0 $0
Donna Barnes Fundraiser Chairmen 4.00
Officer
$0 $0 $0
Chimene LiBurd Grant Chairmen 4.00
Officer
$0 $0 $0
Pamela Shetley Board of Director 4.00
Officer
$0 $0 $0
Frances Woodard Scholarship Chairmen 4.00
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 $215,194 $89,049 $259,522 $126,145
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