Pearls Of Purpose Foundation Inc (EIN 582421008) - 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

1998

Legal Domicile

Principal Officer

Sheri Kippins

Phone

4042853207

Tax Period

2024-01-01 to 2024-12-31

Pearls Of Purpose Foundation Inc, founded in 1998, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $159K in total revenue in fiscal year 2024. Revenue surged 61% from the prior year, signaling strong growth momentum. The organization ran a surplus of $56K, a strong 35% operating margin.

Mission

Supporting Family Connections

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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 (2024)

Revenue Breakdown

Contributions & Grants $62,302

Program Service Revenue $0

Investment Income $0

Other Revenue $96,708

TOTAL REVENUE $159,010

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $83,404

Other Expenses $102,787

TOTAL EXPENSES $102,787

Year-over-Year Comparison

	2024	2023	Change
Revenue	$159,010	$98,531	+0.6%
Expenses	$102,787	$142,299	-0.3%
Net Income	$56,223	$-43,768	-2.3%

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

N/A

Volunteers

400

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Valencia W Bean	EX Officio	4.00	Director	$0	$0	$0
Rhoda Dozier	Member At Large	4.00	Director	$0	$0	$0
Carol Gay	Member At Large	4.00	Director	$0	$0	$0
Shirelle Graves	Member At Large	4.00	Director	$0	$0	$0
Phoebe McCanta	Member At Large	4.00	Director	$0	$0	$0
Von Odom	Member At Large	4.00	Director	$0	$0	$0
Delphine Williams	Member At Large	4.00	Director	$0	$0	$0
Key Ander Early	President	10.00	Officer Director	$0	$0	$0
Rebecca Daniel Dugger	Vice President	10.00	Officer Director	$0	$0	$0
Felicia Howard	Recording Secretary	5.00	Officer Director	$0	$0	$0
Carol Davis	Parlimentarian	5.00	Officer Director	$0	$0	$0
Sheri Kippins	Treasurer	20.00	Officer Director	$0	$0	$0
Regina Crothers	Financial Secretary	10.00	Officer Director	$0	$0	$0
Tracy Curry	Asst Financial Secretary	5.00	Officer Director	$0	$0	$0
Teresa Bull	Corresponding Secretary	5.00	Officer 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	$159,010	$102,787	$184,814	$56,223
2023	$98,531	$142,299	$130,791	$-43,768
2022	$123,400	$129,709	$174,559	$-6,309
2021	$164,516	$56,450	$180,868	$108,066
2020	$71,331	$83,411	$72,802	$-12,080
2019	$209,326	$207,870	$84,882	$1,456

Pearls Of Purpose Foundation Inc