Emerging Pearls Foundation
Nonprofit profile at a glance
- EIN
- 261470770
- IRS 990-EZ coverage
- 2012–2023
- Forms available
- Form 990 2011, Form 990-EZ 2023
- Location
- Lawrence, IN, USA
- Phone
- 3173248403
- Rating
- 73
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Adult, Child Matching Programs
Reported finances
- Revenue
- $112,139
- Expenses
- $104,340
- Assets
- $165,240
- Liabilities
- $29,927
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- Nataki Pettigrew (Vice President)
People named in this filing
- Natissa Woodard (Chairman)
- Anika Allen (Director)
- Tonia Riggins (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Emerging Pearls Foundation will work to help improve and sustain the quality of life in Central Indiana through financial support of initiatives regarding education, family advocacy, social justice, health and wellness and economic stability.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filed totals do not add up and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 64
- Transparency & Controls: 82
- Sustainability: 56
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 62.6%; rating input score 63
- Program expense ratio: 67.3%; rating input score 67
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 7%; rating input score 53; 53rd percentile among comparable filings
- Total-asset coverage ratio: 1.58; rating input score 74; 74th percentile among comparable filings
- Liabilities to assets ratio: 0.18; rating input score 20; 20th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 11.1% per year; rating input score 100; 63rd percentile among comparable filings
- Revenue growth: 9% per year; rating input score 100; 64th percentile among comparable filings
- Asset growth: 12.9% per year; rating input score 100; 67th percentile among comparable filings
Details
- Where the money goes: 62.6% of revenue deployed · 67.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $70K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 7 of 8 current checks pass · 1 finding to review
- Schedules: 2 filed schedules
- Filing history: 12 filing years from 2012 to 2023
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
- Review — Sustainability: Operating margin scored 53/100.
- High — Sustainability: Liabilities to assets ratio scored 20/100.