Pearls Foundation

Nonprofit profile at a glance

EIN
822093362
IRS 990-EZ coverage
2020–2024
Forms available
Form 990 2019, Form 990-EZ 2024
Location
San Antonio, TX, USA
Phone
2102899753
Rating
37
Verdict
REVIEW
Rating confidence
Moderate
Sector
Youth Development Programs

Reported finances

Revenue
$96,500
Expenses
$21,656
Assets
$187,012
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • Renee Yanta (President)

People named in this filing

  • Renee Yanta (President)
  • Jenna Roy (Co-Treasurer)
  • Adrian Marmolejo (Co-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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of the PEARLS Foundation is to provide monetary support to the PEARLS and EAGLES Court Programs, providing resiliency and restorative services to teens in foster care. The monies raised by the PEARLS Foundation will be used for programming and service provision that are not funded from any other source. Budgetary items may include, but are not limited to, meals, mentor support and training, field trips, transportation for college visits, a high school graduation celebration of achievement and emergency funds for PEARLS Girls and EAGLES boys.

What it reported doing in 2024

Over 53 youth in or recently in foster care, ages 14-21, are participating in PEARLS and EAGLES Court Programming in 2024. 86% were promoted to the next grade level. 92% progressed towards stable and permanent placement; 92% exhibited improved stress management; 98% chose to postpone parenthood; 89% avoided tobacco, alcohol and unprescribed drugs. 100% learned additional life skills to be more prepared to age out of foster care. The court programs met two times per month and held 4 weekend activities during the year. Court programming helps youth to value their whole selves and enhance their inherent strengths. The goals are to enable youth to heal from past trauma, build resilience, reach educational goals, develop healthy relationships, and become accomplished adults, role models, and leaders.

Operating model

Revenue model
Donor-supported. 63% of the money available for current operations came from contributions and gifts.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: 87
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 77.6%; rating input score 97; 97th percentile among comparable filings
  • Total-asset coverage ratio: 8.64; rating input score 91; 91st percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -69.9% per year; rating input score 0; 5th percentile among comparable filings
  • Revenue growth: -31.1% per year; rating input score 0; 10th percentile among comparable filings
  • Asset growth: -1.2% per year; rating input score 0; 34th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 5 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.