Pearls of Life Inc
Nonprofit profile at a glance
- EIN
- 332139100
- IRS 990 coverage
- 2025–2025
- Forms available
- Form 990 2025
- Location
- Fishers, IN, USA
- Phone
- 3174148378
- Rating
- 50
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Health, General and Financing
Reported finances
- Revenue
- $121,928
- Expenses
- $45,511
- Assets
- $76,417
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
4 people listed
People named in this filing
- JODY DEFORD (BOARD MEMBER)
- WENDY FAUST (BOARD MEMBER)
- DAWN POLLARD (EXECUTIVE DI)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Pearls of life was created to advocate for organ donations, educate the community and support families who are going through the organ transplant or donation process. We believe in the power of community and the impact of compassion. Often, potential donors have fears or beliefs that may be overcome once they completely understand the process and the benefits. Through marketing efforts and public appearances, pearls of life will be an advocate for encouraging organ donation. However, our work doesn't stop there. The donor family and the family receiving the donated organs in many cases need either financial, logistical or emotional support. Pearls of life will work directly with medical providers to identify families in need and support them through donations made to our organization.
What it reported doing in 2025
Raise awareness and provide financial support for organ donation.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 84% of its reported program spending out as grants.
The verdict
MIXED - The filed numbers largely add up and most voting board members are independent. 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: 11
- Transparency & Controls: 90
- Accountability: 76
- Sustainability: 77
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 6.5%; rating input score 6
- Program expense ratio: 17.3%; rating input score 17
- Fundraising efficiency: $3.68 raised per $1 spent on fundraising; rating input score 16; 16th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 3 of 7 controls in place; rating input score 43
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 62.7%; rating input score 94; 94th percentile among comparable filings
- Total-asset coverage ratio: 1.68; rating input score 55; 55th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 77; 77th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 6.5% of revenue deployed · 17.3% of spending went to programs
- Governance: 4 of 4 board members independent · 3 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $8K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 16 of 16 current checks pass
- Schedules: 2 filed schedules
- 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 6/100.
- High — Financial Efficiency: Program expense ratio scored 17/100.
- Moderate — Accountability: Governance controls: 3 of 6 not reported.
- High — Financial Efficiency: Fundraising efficiency scored 16/100.
- Review — Sustainability: Total-asset coverage ratio scored 55/100.