Twenty Pearls Foundation Inc in Gainesville, Florida (FL)

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Twenty Pearls Foundation Inc
Employer Identification Number (EIN)841714693
Name of OrganizationTwenty Pearls Foundation Inc
In Care of NameFlorida Bridgewater-Alford
AddressPo Box 5001, Gainesville, FL 32627
Websitehttp://twentypearls.org
SubsectionCharitable Organization
Ruling Date07/2007
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2013
Assets$0
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$51,757
Amount of Income$35,953
Form 990 Revenue Amount$35,953
National Taxonomy of Exempt Entities (NTEE)Youth Development: Adult, Child Matching Programs


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Amount of income in 2013: $35,953 (it was $0 in 2012)
Twenty Pearls Foundation Inc: 

 $35,953
Other organizations performing similar types of work: 

 $63,740

Assets in 2013: $51,757 (it was $0 in 2012)
This organization: 

 $51,757
Other organizations performing similar types of work: 

 $14,301

Expenses in 2011: $25,608
This organization: 

 $25,608
Other organizations performing similar types of work: 

 $45,492

Income to expenses ratio in 2011: 1.4
Twenty Pearls Foundation Inc: 

 1.4
Other organizations performing similar types of work: 

 1.4

Grants share in income in 2011: 76.4%
Twenty Pearls Foundation Inc: 

 76.4%
Other organizations performing similar types of work: 

 81.2%

Financial snapshot ($)

Revenue for 2011

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$35,953
Contributions, gifts, grants, and similar amounts received$27,453
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$8,500
Gross income from gaming$0
Gross income from fundraising events$12,000
Less: direct expenses from gaming and fundraising events$3,500
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$25,608
Total net assets$51,757
Excess for the year$10,345
Net assets or fund balances at beginning of year$41,412
Other changes in net assets or fund balances$0
Balance Sheets (for 2011)
Total assets$51,757
Total liabilities$0
Net assets or fund balances$51,757
Other Information (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Support Schedule for Organizations Described in Section 509(a)(2) (for 2011)
2007 - 2011 Total
Total support$150,401
Gifts, grants, contributions, and membership fees received$145,787
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose$4,614
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Women Of Tomorrow Mentor And Scholarship Program Inc22 East Flagler Street 6th Flr, Miami, FL 33131-1004FL2013-12$1,612,707
2Giving Kidz A C H A N C E Inc333 17th St Ste 2r, Vero Beach, FL 32960-7100FL2013-09$433,790
3Winter Springs Youth Sports IncPO BOX 195221, Winter Spgs, FL 32719-5221FL2012-11$171,916
4Great Sun Nation Of South Florida Inc1300 N Federal Hwy Ste 202, Boca Raton, FL 33432-2848FL2013-07$91,334
5Open Door Mentoring For Teen Mothers Inc717 Prosperity Farms Rd, N Palm Beach, FL 33408-4198FL2012-06$89,073
6Our Chance Enterprise IncPO BOX 681927, Miami, FL 33168-1927FL2010-09$81,657
7Footsteps To The Future Inc16956 Mcgregor Blvd 2, Ft Myers, FL 33908FL2007-08$71,445
8Dare To Dream Young Girls Network IncPO BOX 14652, Tallahassee, FL 32317-4652FL2014-05$63,740
9Juventus Of Port St Lucie Soccer Club Inc3084 Se Pine Street, Port St Lucie, FL 34952FL2011-10$57,527
10West Pensacola Outreach Center Inc4000 W Fairfield Dr, Pensacola, FL 32505-4733FL2003-04$44,319
11Twenty Pearls Foundation IncPo Box 5001, Gainesville, FL 32627FL2007-07$35,953
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17Friends Of Cite Soleil Inc, Foc-S4631 N Dixie Hwy, Boca Raton, FL 33431-5030FL2013-07$644
18Achievements To Inspire Youth Mentoring3433 Sw Emden St, Port Saint Lucie, FL 34953FL2012-05$0
19Amend Ministry Inc3687 Zuma Way, Orlando, FL 32839FL2012-02$0
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Number of organizations performing similar types of work
Alaska2
Alabama13
Arkansas9
Arizona7
California81
Colorado9
Connecticut11
District of Columbia8
Delaware7
Florida76
Georgia49
Hawaii1
Iowa13
Idaho2
Illinois35
Indiana21
Kansas4
Kentucky5
Louisiana21
Massachusetts21
Maryland38
Maine2
Michigan26
Minnesota17
Missouri16
Mississippi11
Montana7
North Carolina31
North Dakota2
Nebraska76
New Hampshire1
New Jersey26
New Mexico2
Nevada5
New York49
Ohio26
Oklahoma6
Oregon17
Pennsylvania18
South Carolina14
South Dakota2
Tennessee25
Texas77
Utah7
Virginia24
Vermont1
Washington20
Wisconsin25
West Virginia3
International1
Total970

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