Civic Intelligence

Twenty Pearls Incorporated

EIN 26-2130692 • 501(c)3 • Gastonia, NC

Profile

Improve quality of life in the community

PO Box 315Gastonia, NC 28053
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

95th percentile

73%

Higher net margin than 95% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

78th percentile

22%

Faster asset growth than 78% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Revenue Growth

35th percentile

-16%

Faster revenue growth than 35% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Assets

Down

$150,118

Down $40,607 (-21%) from 2023

Liabilities

Down

$0

Down $74,607 (-100%) from 2023

Net Assets

Up

$150,118

Up $34,000 (+29%) from 2023

Revenue

Down

$46,550

Down $55,091 (-54%) from 2023

Expenses

Down

$12,550

Down $101 (-0.8%) from 2023

Net Income

Down

$34,000

Down $54,990 (-62%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200K$150K$100K$50K$0-$50KAssets 2015: $80,340Liabilities 2015: $60,385Net Assets 2015: $19,9552015Assets 2016: $64,264Liabilities 2016: $60,385Net Assets 2016: $3,8792016Assets 2017: $59,265Liabilities 2017: $60,385Net Assets 2017: -$1,1202017Assets 2018: $78,985Liabilities 2018: $60,385Net Assets 2018: $18,6002018Assets 2019: $104,059Liabilities 2019: $60,385Net Assets 2019: $43,6742019Assets 2020: $13,844Liabilities 2020: $0Net Assets 2020: $13,8442020Assets 2021: $75,208Liabilities 2021: $60,385Net Assets 2021: $14,8232021Assets 2022: $100,143Liabilities 2022: $73,015Net Assets 2022: $27,1282022Assets 2023: $190,725Liabilities 2023: $74,607Net Assets 2023: $116,1182023Assets 2024: $150,118Liabilities 2024: $0Net Assets 2024: $150,1182024

Highlighted filing

2024

Assets$150,118
Liabilities$0
Net Assets$150,118

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2015: $12,540Expenses 2015: $10,016Net Income 2015: $2,5242015Revenue 2016: $3,621Expenses 2016: $19,697Net Income 2016: -$16,0762016Revenue 2017: $12,546Expenses 2017: $17,545Net Income 2017: -$4,9992017Revenue 2018: $39,881Expenses 2018: $20,161Net Income 2018: $19,7202018Revenue 2019: $105,689Expenses 2019: $80,615Net Income 2019: $25,0742019Revenue 2020: $4,542Expenses 2020: $34,372Net Income 2020: -$29,8302020Revenue 2021: $20,159Expenses 2021: $19,180Net Income 2021: $9792021Revenue 2022: $65,483Expenses 2022: $53,178Net Income 2022: $12,3052022Revenue 2023: $101,641Expenses 2023: $12,651Net Income 2023: $88,9902023Revenue 2024: $46,550Expenses 2024: $12,550Net Income 2024: $34,0002024

Highlighted filing

2024

Revenue$46,550
Expenses$12,550
Net Income$34,000

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 7, 2025
Return Version
2024v5.1
Gross Receipts
$103,050
Mission and Program Overview

Mission

Improve quality of life in the community

Program Services

DescriptionGrantsExpenses
Scholarships and other funds awarded to girls. Check were made to the College or University after receipt of the official enrollment letter-$30,500
Community contributions: Facilities, meals & Entertainment, Activities, and Promotions-$8,705
Community Initiatives: Education, Family, Health, Environment, and GlobalPetite Pearl Program-$300
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Denise AverySecretary-$0--
Barbara DillardChairperson-$0--
Sandra JeterBoard Member-$0--
Diane ManningVice-Chairman-$0--
Shankie FordBoardmember-$0--
Cassiopea M WatkinsActing As TreasurerPT$0--
Cathy IveyBoard Member-$0--
Shonda FultonBoardmember-$0--
Christina D SadlerBoardmember-$0--
Pamela B WilliamsBoardmember-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Debutante----
Filing and Contact Details

Filer

Filer Name
Twenty Pearls Incorporated
EIN
26-2130692
In Care Of
% Cassie Watkins
Address
PO BOX 315, Gastonia, NC 28053

Signing Officer

Name
Cassie Watkins
Title
Treasurer
Phone
7049748299
Signed
2025-05-07
Discuss with paid preparer
Yes

Preparer

Firm
Roberts Accounting LLC
Address
408 N DUNCAN BYPASS SUITE 7G, Union, SC 29379
Preparer
Pamela B Roberts Mba
Phone
8644271099
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

Description AmountBoard Training 350Annual Retreat ZMO Partnership 300Community Contributions 8,705Risk Reserves 300Contingency 200

Description of other assets Part II line 24

Category Beginning of Year End of YearAccounts Receivable 20,148 0

Description of total liabilities Part II line 26

Category Beginning of Year End of YearDeferred Income 60,385 0Open Balance Equity 14,222 0

General explanation attachment

Part V Regarding Transfers Associated with Personal Benefit Contracts a- Did the organization, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract NO b-Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract NO Sch B not require. This organization did not receive funding from one person or organization over the amount of $5000.00 during the course of the year

Raw XML Appendix180 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Denise Avery
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Part V Regarding Transfers Associated with Personal Benefit Contracts a- Did the organization, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract NO b-Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract NO Sch B not require. This organization did not receive funding from one person or organization over the amount of $5000.00 during the course of the year
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of total liabilities Part II line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3General explanation attachment
ReturnHeader/BuildTS02025-03-06 01:10:19Z
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