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        <Desc>EVENT EXPENSES</Desc>
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      <ReconcilationRevenueExpnssAmt>-150701</ReconcilationRevenueExpnssAmt>
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
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      <OtherLandBuildingsGrp>
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      <TotalBookValueLandBuildingsAmt>4270</TotalBookValueLandBuildingsAmt>
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        <RegionTxt>MID. EAST &amp; NORTH AFRICA</RegionTxt>
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        <TypeOfActivitiesConductedTxt>SUBSTANTIALLY ALL</TypeOfActivitiesConductedTxt>
        <SpecificServicesProvidedTxt>SEE MAIN FORM 990</SpecificServicesProvidedTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Section A, Line 2</FormAndLineReferenceDesc>
        <ExplanationTxt>Badr Jafar is the son of Hamid Jafar.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Section A, Line 6</FormAndLineReferenceDesc>
        <ExplanationTxt>Pearl Initiative, Inc. (the Corporation) shall have both voting membersand supporting members. All members of the Corporation shall be businesses, companies,corporations, partnerships, or proprietors (including individuals, corporations or unincorporated associations) who do business in the Arabian Gulf region or between the United States and the Arabian Gulf region. The Corporation shall keep a roll of members that shall be recorded and maintained by the Secretary.Voting Members: The Board of Governors shall be the voting members of theCorporation.Supporting Members: Supporting members are those that provide a level of support tothe Corporation as required by the Board of Governors, and subscribe to the goals and mission of the Corporation. Supporting members shall not be voting members of the Corporation. There shall be no limit on the number of supporting members authorized.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Section B, Line 11b</FormAndLineReferenceDesc>
        <ExplanationTxt>Form 990 is distributed to the executive committee.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Section B, Line 12c</FormAndLineReferenceDesc>
        <ExplanationTxt>THE POLICY IS MONITORED BY AN ANNUAL WRITTEN AFFIRMATION STATEMENT.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Section B, Line 15a</FormAndLineReferenceDesc>
        <ExplanationTxt>The Board of Governors of Pearl Initiative, Inc. has the authority to:A. Employ and compensate personnel as are needed to fulfill the mission of theorganization;B. Establish and review compensation guidelines; andC. Review and approve cash and noncash compensation policies and programs applicableto principal administrators and all other staff.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Section B, Line 15b</FormAndLineReferenceDesc>
        <ExplanationTxt>The Board of Governors of Pearl Initiative, Inc. has the authority to:A. Employ and compensate personnel as are needed to fulfill the mission of theorganization;B. Establish and review compensation guidelines; andC. Review and approve cash and noncash compensation policies and programs applicableto principal administrators and all other staff.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Section C, Line 19</FormAndLineReferenceDesc>
        <ExplanationTxt>AVAILABLE UPON REQUEST OR AT OUR WEB SITE</ExplanationTxt>
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</Return>