Pearls Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 219,692 | 47,773 | 171,919 | 43.2 | 33% |
| 2020 | 35,425 | 54,541 | −19,116 | 33.6 | — |
| 2021 | 8,685 | 42,989 | −34,304 | 33.1 | — |
| 2022 | 2,604 | 17,604 | −15,000 | 70.6 | — |
| 2023 | 14,540 | 5,871 | 8,669 | 229.3 | — |
In its most recent public year (2023), this organization brought in $8,669 more than it spent. Its reserves stood at about 229.3 months of spending, up from 43.2 in 2019.
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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