Nonprofit · EIN 58-2421008
PEARLS OF PURPOSE FOUNDATION INC
Tax-exempt · ATLANTA, GA 31131
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $159,010 | $102,787 | $56,223 | $184,814 | $4,300 | $180,514 |
| December 31, 2023 | 990 | $98,531 | $142,299 | -$43,768 | $130,791 | $0 | $130,791 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $62,302
- Membership dues
- $33,760
- Program service revenue
- $0
- Investment income
- $0
- Net income from fundraising events
- $96,708
- Other revenue
- $96,708
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $750
- Program services (functional)
- $83,404
- Management and general (functional)
- $19,383
Balance sheet and other
- Total assets, start of year
- $130,791
- Total assets, end of year
- $184,814
- Total liabilities, end of year
- $4,300
- Net assets, end of year
- $180,514
- Net assets without donor restrictions
- $180,514
- Gross receipts
- $248,821
- Employees
- 0
- Volunteers
- 400
- Year formed
- 1998
- State of legal domicile
- GA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Valencia W Bean | EX Officio Trustee or director | 4 | $0 |
| Rhoda Dozier | Member At Large Trustee or director | 4 | $0 |
| Carol Gay | Member At Large Trustee or director | 4 | $0 |
| Shirelle Graves | Member At Large Trustee or director | 4 | $0 |
| Phoebe McCanta | Member At Large Trustee or director | 4 | $0 |
| Von Odom | Member At Large Trustee or director | 4 | $0 |
| Delphine Williams | Member At Large Trustee or director | 4 | $0 |
| Key Ander Early | President Trustee or director, Officer | 10 | $0 |
| Rebecca Daniel Dugger | Vice President Trustee or director, Officer | 10 | $0 |
| Felicia Howard | Recording Secretary Trustee or director, Officer | 5 | $0 |
| Carol Davis | Parlimentarian Trustee or director, Officer | 5 | $0 |
| Sheri Kippins | Treasurer Trustee or director, Officer | 20 | $0 |
| Regina Crothers | Financial Secretary Trustee or director, Officer | 10 | $0 |
| Tracy Curry | Asst Financial Secretary Trustee or director, Officer | 5 | $0 |
| Teresa Bull | Corresponding Secretary Trustee or director, Officer | 5 | $0 |
990 for the year ended December 31, 2023: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Valencia W Bean | EX Officio Trustee or director | 4 | $0 |
| Rhoda Dozier | Member At Large Trustee or director | 4 | $0 |
| Carol Gay | Member At Large Trustee or director | 4 | $0 |
| Shirelle Graves | Member At Large Trustee or director | 4 | $0 |
| Phoebe McCanta | Member At Large Trustee or director | 4 | $0 |
| Von Odom | Member At Large Trustee or director | 4 | $0 |
| Delphine Williams | Member At Large Trustee or director | 4 | $0 |
| Key Ander Early | President Trustee or director, Officer | 10 | $0 |
| Rebecca Daniel Dugger | Vice President Trustee or director, Officer | 10 | $0 |
| Felicia Howard | Recording Secretary Trustee or director, Officer | 5 | $0 |
| Carol Davis | Parlimentarian Trustee or director, Officer | 5 | $0 |
| Sheri Kippins | Treasurer Trustee or director, Officer | 20 | $0 |
| Regina Crothers | Financial Secretary Trustee or director, Officer | 10 | $0 |
| Tracy Curry | Asst Financial Secretary Trustee or director, Officer | 5 | $0 |
| Teresa Bull | Corresponding Secretary Trustee or director, Officer | 5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 311197, ATLANTA, GA 31131-1197
- In care of
- % PRESIDENT
- Principal officer (990 for 2024)
- Sheri Kippins, 233 Colorado Ave, Atlanta, GA 30354
- Signed the 990
- Sheri Kippins, Treasurer
- Phone
- (404) 285-3207
- Return prepared by
- PJC GROUP LLC
Mission
Supporting Family Connections
Program accomplishments
- The Foundations has over 400 members and its efforts are targeted to support family connections, economic enrichment, health awareness, art impact, and economic development.Expenses $11,904
- ScholarshipsExpenses $71,500
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 58-2421008
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1999
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T50)
- Assets (IRS master file)
- $184,814
- Income (IRS master file)
- $248,821
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $159,010 | $102,787 | $184,814 | XML |
| 990 | December 2023 | $98,531 | $142,299 | $130,791 | XML |
| 990 | December 2022 | $123,400 | $129,709 | $174,559 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 58-2421008).
Questions about PEARLS OF PURPOSE FOUNDATION INC
- What is the EIN of PEARLS OF PURPOSE FOUNDATION INC?
- The employer identification number (EIN) of PEARLS OF PURPOSE FOUNDATION INC is 58-2421008.
- Is PEARLS OF PURPOSE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to PEARLS OF PURPOSE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PEARLS OF PURPOSE FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PEARLS OF PURPOSE FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PEARLS OF PURPOSE FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of PEARLS OF PURPOSE FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names Sheri Kippins.
- Who are the officers and directors of PEARLS OF PURPOSE FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 15 people; 0 received compensation from the organization.
- How much revenue does PEARLS OF PURPOSE FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $159,010, expenses of $102,787 and total assets of $184,814 at year end.
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