Pearl Initiative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 620,000 | 732,504 | −112,504 | -3.9 | 48% |
| 2013 | 699,590 | 731,320 | −31,730 | -4.4 | 55% |
| 2014 | 973,505 | 874,095 | 99,410 | -2.3 | 53% |
| 2015 | 1,441,874 | 1,211,207 | 230,667 | 0.3 | 55% |
| 2016 | 2,136,290 | 1,418,021 | 718,269 | 10.6 | 49% |
| 2017 | 1,868,695 | 1,405,729 | 462,966 | 14.6 | 58% |
| 2018 | 1,855,208 | 1,316,757 | 538,451 | 20.5 | 67% |
| 2019 | 1,613,782 | 1,246,215 | 367,567 | 25.2 | 55% |
| 2020 | 825,151 | 1,039,912 | −214,761 | 27.8 | 62% |
| 2021 | 661,891 | 1,001,646 | −339,755 | 24.7 | 84% |
| 2022 | 923,271 | 1,170,355 | −247,084 | 18.6 | 78% |
| 2023 | 936,869 | 1,139,629 | −202,760 | 17.0 | 78% |
In its most recent public year (2023), this organization spent $202,760 more than it brought in. Its reserves stood at about 17 months of spending, up from -3.9 in 2012. Staff pay was 78% of spending. $1,687,928 of its net assets are donor-restricted.
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
Pearl Initiative Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works