Twenty Pearls Foundation Inc in Atlanta, Georgia (GA)
Table of contents:
| Twenty Pearls Foundation Inc | |
| Employer Identification Number (EIN) | 770645157 |
| Name of Organization | Twenty Pearls Foundation Inc |
| Address | PO BOX 90351, Atlanta, GA 30364-0351 |
| Subsection | Charitable Organization, Educational Organization |
| Ruling Date | 12/2005 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $25,000 to $99,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $98,319 |
| Amount of Income | $100,929 |
| Form 990 Revenue Amount | $64,443 |
| National Taxonomy of Exempt Entities (NTEE) | Health - General and Rehabilitative: Public Health Program (Includes General Health and Wellness Promotion Services) |
Non-representatives - add comments:
Amount of income in 2013: $100,929 (it was $76,923 in 2012)
| Twenty Pearls Foundation Inc: | $100,929 |
| Other organizations performing similar types of work: | $98,690 |
Assets in 2013: $98,319 (it was $76,018 in 2012)
| Twenty Pearls Foundation Inc: | $98,319 |
| Other organizations performing similar types of work: | $45,631 |
Expenses in 2013: $45,358
| Twenty Pearls Foundation Inc: | $45,358 |
| Other organizations performing similar types of work: | $81,958 |
Income to expenses ratio in 2013: 2.2
| This organization: | 2.2 |
| Other organizations performing similar types of work: | 0.8 |
Grants share in income in 2013: 60.1%
| Twenty Pearls Foundation Inc: | 60.1% |
| Other organizations performing similar types of work: | 6.2% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $34,853 | $43,068 | $64,443 |
| Contributions, gifts, grants, and similar amounts received | $5,967 | $13,943 | $38,713 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $4,090 | $0 |
| Investment income | $121 | $87 | $102 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $28,765 | $24,948 | $25,628 |
| Gross income from gaming | $0 | $0 | $0 |
| Gross income from fundraising events | $52,645 | $58,803 | $62,114 |
| Less: direct expenses from gaming and fundraising events | $23,880 | $33,855 | $36,486 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $33,457 | $36,341 | $45,358 |
| Total net assets | $53,031 | $62,473 | $81,558 |
| Excess/Deficit for the year | $1,396 | $6,727 | $19,085 |
| Net assets or fund balances at beginning of year | $51,635 | $53,031 | $62,473 |
| Other changes in net assets or fund balances | $0 | $2,715 | $0 |
| Net assets or fund balances at end of year | $62,473 | $81,558 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $53,031 | $76,018 | $98,319 |
| Total liabilities | $0 | $13,545 | $16,761 |
| Net assets or fund balances | $53,031 | $62,473 | $81,558 |
| Other Information | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | |
| Were any significant changes made to the organizing or governing documents? | No | No | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | |
| Amount of political expenditures, direct or indirect | $0 | $0 | |
| Did the organization file Form 1120-POL for this year? | No | No | |
| Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return? | No | No | |
| Total amount involved | $0 | $0 | |
| Initiation fees and capital contributions | $0 | $0 | $0 |
| Gross receipts for public use of club facilities | $0 | $0 | $0 |
| Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? | No | No | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | |
| Reason for Public Charity Status (for 2013) | |
| The organization is not a private foundation because it is: | An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi) |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public Support | $121,779 |
| Subtotal Support | $121,779 |
| Gifts, grants, contributions, and membership fees received | $121,779 |
| 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 |
| The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support | $0 |
| Total Support | $122,373 |
| Public Support | $121,779 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $594 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income. Do not include gain or loss from the sale of capital assets | $0 |
| Gross receipts from related activities, etc. | $0 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Meadows Healthcare Foundation Inc | 1 Meadows Pkwy, Vidalia, GA 30474-8759 | GA | 2009-08 | $2,470,583 |
| 2 | Cancer Support Community-Atlanta Inc | C225, Atlanta, GA 30342 | GA | 1995-03 | $663,084 |
| 3 | Georgians For A Healthy Future Inc | 100 Edgewood Ave Ne Ste 1015, Atlanta, GA 30303-3068 | GA | 2010-05 | $325,126 |
| 4 | Alabama Partnership For Telehealth Inc | PO BOX 1408, Waycross, GA 31502-1408 | GA | 2014-01 | $222,394 |
| 5 | Mens Health And Wellness Center | 1 Glenlake Pkwy Ste 700, Atlanta, GA 30328-3496 | GA | 2008-07 | $137,418 |
| 6 | Southeast Georgia Cancer Alliance Inc | 12 Monastery Rd W, Savannah, GA 31411-1714 | GA | 2003-03 | $129,623 |
| 7 | Twenty Pearls Foundation Inc | PO BOX 90351, Atlanta, GA 30364-0351 | GA | 2005-12 | $100,929 |
| 8 | Stephens County Partners For Success Inc | PO BOX 2253, Toccoa, GA 30577-1441 | GA | 1998-11 | $91,780 |
| 9 | Atlanta Greek Picnic Foundation | 6595g Roswell Rd Ste I33, Atlanta, GA 30328-3101 | GA | 2011-08 | $87,350 |
| 10 | Emergency Response Services For Latin America | Po Box 925, Bonaire, GA 31005 | GA | 2012-07 | $77,813 |
| 11 | Sigma Zeta Foundation Inc | 2526 Delowe Dr, Atlanta, GA 30344-2345 | GA | 1997-04 | $73,871 |
| 12 | Alliance For Health In The African Diaspora Inc | 6862 Ida St, Lithonia, GA 30058-4664 | GA | 2009-04 | $72,500 |
| 13 | Association Of Natural Health Inc | 108 Buchanan St North, Bremen, GA 30110 | GA | 2014-04 | $54,232 |
| 14 | Greater Atlanta Dental Foundation Inc | 4850 Golden Parkway No B-418, Buford, GA 30518-5842 | GA | 2008-10 | $46,998 |
| 15 | Healthway Medical Services Inc, Ben Hill Specialty Clinic | PO BOX 726, Tifton, GA 31793-0726 | GA | 2013-02 | $42,689 |
| 16 | Savannah Health Alliance Inc | 7395 Hodgson Memorial Drive, Savannah, GA 31406-1505 | GA | 2007-12 | $33,858 |
| 17 | Asian American Health Awareness Advisory Center Inc | 3935 Ashley Trace Ct, Lilburn, GA 30047 | GA | 2012-05 | $28,421 |
| 18 | Five Star Global Impact Inc | 150 Belmont Farms Dr, Ellenwood, GA 30294 | GA | 2009-07 | $7,500 |
| 19 | Chagas Disease Foundation Ltd | 437 Bear Cub Way, Bogart, GA 30622 | GA | 2009-09 | $400 |
| 20 | Abiks Foundation Inc | 6067 Buford Hwy Ne Suite D, Doraville, GA 30340 | GA | 2010-03 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 3,820 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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