Pearl Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
Supports broad educational, charitable, and community service programs that uphold the mission and values of Alpha Kappa Alpha Sorority Incorporated of the communities we serve.
- Income
- $236,655
- Spending
- $338,321
- Spent on programs
- 78%
- Reserves
- 1.4 months of spending
- Largest source of income
- donations and private grants, 100%
- Employees
- 0
- Volunteers
- 367
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 50 out of 100. Higher than 16% of charities in its peer group (education, under $250k).
Reserves
10 of 35Spendable reserves would cover 1.4 months of spending.
Debt
10 of 20It owes 43% of what it owns.
Living within its means
0 of 15Spending exceeded income by 43% of income.
Income trend
15 of 15Income rose 22% on the year before.
Spending floor
15 of 1578% of spending went to programs and raising each dollar of donations cost 23 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 50 out of 100. Higher than 24% of charities in its peer group (education, under $250k).
Independent board
25 of 25367 of 367 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- $250,805 spent. The Pearl Foundation supports programs that promotes student achievement, leadership development, and personal empowerment. Several of the programs equip high school students with skills in communication, financial literacy, and career readiness, to foster long-term economic stability. The organization also advances family and economic empowerment, environmental stewardship, and social justice. More than $150,000 scholarships was awarded to Howard County, MD high school seniors who are pursuing degrees in post-secondary education initiatives.
- $12,000 spent. In support of initiatives that strengthen families, promote economic advancement, and encourage civic and social responsibility; The Pearl Foundation awarded $12,000 to local organizations and six Historically Black Colleges and Universities.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since April 1998.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Could it be confused with another charity? Worth knowing.
A much larger organization has a similar name: Pbs Foundation (Arlington, VA), EIN 20-1476451. If that is the one you meant, check the EIN before giving.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.