everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Pearls Of Promise Foundation Inc

Detroit, MI / EIN 37-1422562 / Form 990-EZ / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
201124,07532,151−8,0765.5
201222,08420,1271,9579.9
201335,39418,68116,71321.4
201419,83620,866−1,03018.6
201517,26615,0632,20327.5
201616,13013,6952,43532.5
201745,23733,09712,14017.80%
2018150,84025,498125,34282.10%
202044,01330,41513,59889.7
2021145,51322,309123,204203.40%
2022105,51652,68052,83698.2
202357,62651,8165,810101.1

In its most recent public year (2023), this organization brought in $5,810 more than it spent. Its reserves stood at about 101.1 months of spending, up from 5.5 in 2011.

Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings

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