The Black Pearl Nail Academy

Nonprofit profile at a glance

EIN
845034204
IRS 990-EZ coverage
2020–2025
Forms available
Form 990 2024, Form 990-EZ 2025
Location
Memphis, TN, USA
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Vocational, Technical Schools

Reported finances

Revenue
$171,712
Expenses
$121,644
Assets
$36,451
Liabilities
$45,556

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • Dr Felicia Fowler (President)
  • Tawanna Babbs (Vice President)

People named in this filing

  • Duriya Caldwell (Executive Dir.)
  • Dr Felicia Fowler (President)
  • Tawanna Babbs (Vice President)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Black Pearl Nail Academy is an innovative full service manicure school in Memphis, TN that is focused on providing instruction through a combination of classroom theory, practical application, apprenticeship programs and clinical experience coupled with business acumen that once completed will have the adult learner more than prepared to enter, contribute and positively grow their career as a professional manicurist, instructor or business owner in the field of cosmetology.

What it reported doing in 2025

To provide instruction through a combination of classroom theory, practical application, apprenticeship programs, and clinical experience to individual seeking employment or entrepreneurship in the field of cosmetology

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
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 82
  • Sustainability: 49
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 70.8%; rating input score 71
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

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

Sustainability

  • Operating margin: 29.2%; rating input score 81; 81st percentile among comparable filings
  • Total-asset coverage ratio: 0.3; rating input score 26; 26th percentile among comparable filings
  • Liabilities to assets ratio: 1.25; rating input score 3; 3rd percentile among comparable filings
  • Officer compensation ratio: 4.9%; rating input score 24; 24th percentile among comparable filings

Growth

  • Program expense growth: -11.5% per year; rating input score 0; 14th percentile among comparable filings
  • Revenue growth: 7.5% per year; rating input score 100; 55th percentile among comparable filings
  • Asset growth: 31.2% per year; rating input score 100; 86th percentile among comparable filings

Details

  • Where the money goes: 70.8% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $122K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2020 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 26/100.
  • High — Sustainability: Liabilities to assets ratio scored 3/100.
  • High — Sustainability: Officer compensation ratio scored 24/100.