THE TWENTY PEARLS FOUNDATION INC (EIN 770645157) - 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

2004

Legal Domicile

Principal Officer

SUZETTE LESANE

Phone

9196190480

Tax Period

2023-01-01 to 2023-12-31

THE TWENTY PEARLS FOUNDATION INC, founded in 2004, is a small nonprofit in the Health Care sector that reported $100K in total revenue in fiscal year 2023. Revenue fell 44% from the prior year — a significant decline worth monitoring. Expenses of $134K exceeded revenue, resulting in a 34% operating deficit.

Mission

TO PROVIDE IMPACTFUL COMMUNITY PROGRAMS TO THE CITIZENS IN THE EAST POINT AND COLLEGE PARK COMMUNITIES. TO AWARD SCHOLARSHIPS TO DESERVING STUDENTS.

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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 $83,411

Program Service Revenue $4,134

Investment Income $1,133

Other Revenue $11,671

TOTAL REVENUE $100,349

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $115,473

Other Expenses $134,460

TOTAL EXPENSES $134,460

Year-over-Year Comparison

	2023	2022	Change
Revenue	$100,349	$179,248	-0.4%
Expenses	$134,460	$157,483	-0.1%
Net Income	$-34,111	$21,765	-2.6%

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

320

Independent Members

320

Employees

N/A

Volunteers

217

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
JOANN FULLER	DIRECTOR-AT-LARGE	3.00	Director	$0	$0	$0
KIMBERLY SINGLETON WILSON	DIRECTOR-AT-LARGE	3.00	Director	$0	$0	$0
SUZETTE LESANE	PRESIDENT	15.00	Officer	$0	$0	$0
KATRINA SCOTT	VICE PRESIDENT	20.00	Officer	$0	$0	$0
LAVERNE CROWDER	RECORDING SECRETARY	5.00	Officer	$0	$0	$0
CORLISS MELVIN	ASSISTANT RECORDING SECRET	5.00	Officer	$0	$0	$0
KEMYUANA JOHNSON	CORRESPONDING SECRETARY	5.00	Officer	$0	$0	$0
JENNIFER STEVENS	FINANCIAL SECRETARY	15.00	Officer	$0	$0	$0
TAMARA ROSS	TREASURER	10.00	Officer	$0	$0	$0
RAE WARNER	PARLIAMENTARIAN	5.00	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
2024	No data	No data	No data	No data
2023	$100,349	$134,460	$254,864	$-34,111
2022	$179,248	$157,483	$288,975	$21,765
2021	$216,535	$147,522	$260,364	$69,013

THE TWENTY PEARLS FOUNDATION INC