Civic Intelligence

The Pearl Group Inc.

990 • Fiscal year 2023 • EIN 45-5530404

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 14, 2024

PO Box 1825Longmont, CO 80502

(303) 776-3893

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

77th percentile

0.06x

Higher debt load relative to assets than 77% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

80th percentile

0.06x

Higher debt load relative to revenue than 80% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

11th percentile

-46%

Higher net margin than 11% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

18th percentile

-29%

Faster asset growth than 18% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

18th percentile

-31%

Faster revenue growth than 18% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$187,958

Down $77,089 (-29%) from 2022

Net Assets

Down

$176,351

Down $84,112 (-32%) from 2022

Liabilities

Up

$11,607

Up $7,023 (+153%) from 2022

Revenue

Down

$183,563

Down $82,730 (-31%) from 2022

Expenses

Down

$267,675

Down $3,629 (-1.3%) from 2022

Net Income

Down

-$84,112

Down $79,101 (-1579%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0-$100KAssets 2013: $183,655Liabilities 2013: $0Net Assets 2013: $183,6552013Assets 2014: $132,363Liabilities 2014: $8,145Net Assets 2014: $124,2182014Assets 2015: $70,466Liabilities 2015: $4,138Net Assets 2015: $66,3282015Assets 2016: $60,748Liabilities 2016: $65,493Net Assets 2016: -$4,7452016Assets 2017: $91,181Liabilities 2017: $60,430Net Assets 2017: $30,7512017Assets 2018: $72,217Liabilities 2018: $3,748Net Assets 2018: $68,4692018Assets 2019: $127,245Liabilities 2019: $983Net Assets 2019: $126,2622019Assets 2020: $231,146Liabilities 2020: $147Net Assets 2020: $230,9992020Assets 2021: $273,705Liabilities 2021: $8,231Net Assets 2021: $265,4742021Assets 2022: $265,047Liabilities 2022: $4,584Net Assets 2022: $260,4632022Assets 2023: $187,958Liabilities 2023: $11,607Net Assets 2023: $176,3512023Assets 2024: $215,401Liabilities 2024: $71,466Net Assets 2024: $143,9352024

Highlighted filing

2023

Assets$187,958
Liabilities$11,607
Net Assets$176,351

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$300K$200K$100K$0-$100KExpenses 2013: $53,5082013Revenue 2014: $71,809Expenses 2014: $131,246Net Income 2014: -$59,4372014Revenue 2015: $154,346Expenses 2015: $212,236Net Income 2015: -$57,8902015Revenue 2016: $186,215Expenses 2016: $257,288Net Income 2016: -$71,0732016Revenue 2017: $151,710Expenses 2017: $116,214Net Income 2017: $35,4962017Revenue 2018: $149,291Expenses 2018: $108,266Net Income 2018: $41,0252018Revenue 2019: $182,268Expenses 2019: $124,475Net Income 2019: $57,7932019Revenue 2020: $308,408Expenses 2020: $203,671Net Income 2020: $104,7372020Revenue 2021: $311,933Expenses 2021: $277,458Net Income 2021: $34,4752021Revenue 2022: $266,293Expenses 2022: $271,304Net Income 2022: -$5,0112022Revenue 2023: $183,563Expenses 2023: $267,675Net Income 2023: -$84,1122023Revenue 2024: $240,952Expenses 2024: $273,368Net Income 2024: -$32,4162024

Highlighted filing

2023

Revenue$183,563
Expenses$267,675
Net Income-$84,112
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 14, 2024
Return Version
2023v5.0
Gross Receipts
$192,739
Mission and Program Overview

Mission

The tax exempt non-profit charitable mission of the pearl group, inc. Is to create, implement and provide sustainable programs whereby single parent families find hope and skills necessary to build an economically and emotionally stable home environment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$260,463$176,351▼ $84,112
Cash and Non-Interest-Bearing Accounts$202,541$139,037▼ $63,504
Savings and Temporary Cash Investments$51,689$48,921▼ $2,768
Other Notes and Loans Receivable, Net$9,817--
Pledges and Grants Receivable$1,000--
Total Assets$265,047$187,958▼ $77,089
Liabilities
Accounts Payable and Accrued Expenses$4,039$10,459▲ $6,420
Other Liabilities$545$1,148▲ $603
Total Liabilities$4,584$11,607▲ $7,023
Net Assets / Fund Balance
Total Net Assets Fund Balance$260,463$176,351▼ $84,112
Total Liabilities and Net Assets / Fund Balance$265,047$187,958▼ $77,089
Compensation and Service Providers

Board Members and Trustees

NameTitle
Hal BagleyBoard Chair
Chris RayBoard Member
Debra LarkinBoard Member
Morgan HoltryBoard Member
Sandra MclatchieBoard Member
Sarah HaanBoard Member
Scott OwenBoard Member
Shelley TaylorBoard Member
Kelli SmithSecretary
Angie SandersTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$119,036
Program Service Revenue
$26,315
Investment Income
$298
Other Revenue
$37,914
All Other Contributions
$119,036
Change in Net Assets
$-84,112
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$171,636
Salaries, Compensation, and Employee Benefits$96,039
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$89,214--$89,214
Fees for Services Management$11,978--$11,978
Payroll Taxes$6,825--$6,825
Office Expenses$5,810--$5,810
Information Technology$3,460--$3,460
Fees for Services Accounting$3,188--$3,188
Other Expenses$2,750--$2,750
Insurance$2,271--$2,271
All Other Expenses$1,708--$1,708
Advertising$1,180--$1,180
Occupancy$233--$233
Total Functional Expenses$267,675$0$0$267,675
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$47,090
Fundraising Direct Expenses$9,176
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Various Auction$47,090$47,090$9,176$37,914
Total Events$47,090$47,090$9,176$37,914
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$1,148
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Tax preparer provides draft copy to board members for review. Review items discussed to satisfaction of board and tax preparer subsequently requests return approval from the board prior to e-filing.

Form 990, Page 6, Part VI, Line 19

Documents made available to the public upon written request.

Filing and Contact Details

Filer

Filer Name
The Pearl Group Inc
EIN
45-5530404
Address
PO BOX 1825, LONGMONT, CO 80502

Signing Officer

Name
Angie Sanders
Title
Treasurer
Signed
2024-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Hal Bagley
Formed
2012
Legal Domicile
Co
Voting Board Members
10
Independent Board Members
10
Employees
3

Preparer

Firm
Bachman & Company CPA Pc
Address
1531 SKYWAY DR UNIT A, LONGMONT, CO 80504
Preparer
Kenneth L Bachman CPA
Phone
3037763893
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The tax exempt non-profit charitable mission of the pearl group, inc. Is to create, implement and provide sustainable programs whereby single parent families find hope and skills necessary to build an economically and emotionally stable home environment.

Form 990, Page 2, Part III, Line 4A

The p.e.a.r.l.s program includes focus pearl. These relationships are designed to grow into familial style friendships allowing for mentoring, listening, guidance, problem solving, respite outings, and familial type examples of self sufficieny. The focused pearl program is a program wherein a select group of motivated single parents were interviewed and selected to receive a more intense level of guidance and assistance including job skills assessment and training, tuition reimbursement, tuition scholarships, child care assistance, and any other form of assistance needed to remove any possible impediment to their achieving self sufficiency. Initial results of this multi year project are encouraging with moderate success achieved to date with a full objective analysis of efforts and resulting success currently in process. Over 250 hours of volunteer time is provided annually by over 25 volunteers.

Form 990, Page 2, Part III, Line 4B

The transportation program operates monthly out of professional auto care facilities staffed by 25+ volunteers contributing 138,622 in services value plus an additional 909 volunteer hours. The purpose of the car care clinic programming is to assure safe and reliable transportation for the participating single parents allowing them to be more self-sufficient. The volunteers, supervised by a master mechanic, inspect and assess the needs of each vehicle. Typical repairs made include tires, brakes, wipers, lights, fluids and filter replacements. Several times per year replacement vehicles are provided when the cost to repair is too great or irreparable safety concerns are noted. The replacement vehicles are received as donations to the program, are inspected and refurbished as necessary. The goal is to provide a safe and reliable transportation means for the single parents and families assuring them access to jobs, childcare, medical, grocery, and other self sufficiency needs. Repairs were made to 157 vehicles during the reporting period of this return.

Form 990, Page 2, Part III, Line 4D

General & other activities the pearl group, inc. Annually budgets funds for four half-time persons who serve as the executive director, development manager, client engagement manager and transportation program coordinator. To accomplish its mission, the pearl group, inc. Has been privileged to have over 150 volunteers contributing over 4,000 service hours to the selected programs. These annual volunteer service hours have been valued at over 125,000. The transportation program has benefitted from donated vehicles, discounted and donated car parts which are used in the car care clinic. In 2023 the transportation program delivered 138,622 in services value plus an additional 909 volunteer hours. Facility usage for the organization's admin offices, the closet, and car care clinics was provided to the organization at a value that exceeds 36,000 annually. Software and professional services received annually has been valued at over 5,000. The independent board of directors annually contribute nearly 2,000 hours of time. Food and beverages provided by hundreds of volunteers to the single mom's dinners and mentoring programs annually exceeds 10,000 in value. It is estimated that the value of in-kind services and goods received exceeds 250,000 per annum. 100% of the contributed funds have been spent on direct programming or in support of the various programs offered. We will continue to seek funding in the form of contributions and grants. Primary volunteer fundraising efforts have been provided to the pearl group, inc. By the president hal bagley and vice-president scott owen and secondarily by the remaining board members. The board has an annual planning and programming assessment retreat whereby existing programs are vigorously evaluated for results, possible improvement, structural efficiencies, and needs assessment. New programs are considered. Annual budgets are established by the ed and approved by the board. Program goals are set and/or revised as deemed necessary by the board to achieve success at desired cost levels. Responsibility for programming efforts and actions are discussed and assigned. Monthly finance committee meetings review budget vs actuals and report to the monthly board meeting. The financial records are reconciled at yearend by certified public accountant who subsequently prepares the annual tax filings at no cost to the organization. The single moms programming activities involves over 100 volunteers contributing 1800+ in- kind hours of service. Creating, maintaining and growing partnerships that together provide programming activities for the over 80 (average) participants that include weekly respite dinners with educational/informational programs being presented. The single moms receive group and individual mentoring by trained volunteers assisting the participants in addressing single parent life coping skills, parenting skills, financial budgeting, benefits issues and assess guidance, goal setting and other issues which challenge the single moms from time to time. The single moms enjoy an evening of respite from the 24/7 challenge of single parenting as the children are provided one to one mentoring and homework assistance by a long term mentor relationship. Professional programs are presented each week in a safe and welcoming environment that encourages open discussion and resultant problem solving.

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IRS990/OtherExpensesGrp/ProgramServicesAmt29994
IRS990/OtherExpensesGrp/ProgramServicesAmt32750
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IRS990/PrincipalOfficerNm0HAL BAGLEY
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IRS990/ProgramServiceRevenueGrp/Desc0CAR CLINIC
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IRS990/ProgSrvcAccomActy2Grp/Desc0THE TRANSPORTATION PROGRAM OPERATES MONTHLY OUT OF PROFESSIONAL AUTO CARE FACILITIES STAFFED BY 25+ VOLUNTEERS CONTRIBUTING 138,622 IN SERVICES VALUE PLUS AN ADDITIONAL 909 VOLUNTEER HOURS. THE PURPOSE OF THE CAR CARE CLINIC PROGRAMMING IS TO ASSURE SAFE AND RELIABLE TRANSPORTATION FOR THE PARTICIPATING SINGLE PARENTS ALLOWING THEM TO BE MORE SELF-SUFFICIENT. THE VOLUNTEERS, SUPERVISED BY A MASTER MECHANIC, INSPECT AND ASSESS THE NEEDS OF EACH VEHICLE. TYPICAL REPAIRS MADE INCLUDE TIRES, BRAKES, WIPERS, LIGHTS, FLUIDS AND FILTER REPLACEMENTS. SEVERAL TIMES PER YEAR REPLACEMENT VEHICLES ARE PROVIDED WHEN THE COST TO REPAIR IS TOO GREAT OR IRREPARABLE SAFETY CONCERNS ARE NOTED. THE REPLACEMENT VEHICLES ARE RECEIVED AS DONATIONS TO THE PROGRAM, ARE INSPECTED AND REFURBISHED AS NECESSARY. THE GOAL IS TO PROVIDE A SAFE AND RELIABLE TRANSPORTATION MEANS FOR THE SINGLE PARENTS AND FAMILIES ASSURING THEM ACCESS TO JOBS, CHILDCARE, MEDICAL, GROCERY, AND OTHER SELF SUFFICIENCY NEEDS. REPAIRS WERE MADE TO 157 VEHICLES DURING THE REPORTING PERIOD OF THIS RETURN.
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IRS990/ProgSrvcAccomActy3Grp/Desc0THE KIDS MENTORING PROGRAM IS A ONE-TO-ONE ADULT TO CHILD (GRADES 1-8) PROGRAM FOR THOSE CHILDREN NEEDING A MORE PERSONAL RELATIONSHIP. THE ADULTS ARE BACKGROUND CHECKED, TRAINED, AND PAIRED WITH AN APPROPRIATE GENDER MATCHED CHILD. THE ADULTS PROVIDE ASSISTANCE WITH HOMEWORK ASSIGNMENTS, READING SKILL ENHANCEMENT, SOCIAL SKILLS TRAINING, BEHAVIORAL GUIDANCE, AND ADULT INTERACTION. EACH WEEK UP TO 20 CHILDREN RECEIVE ONE ON ONE MENTORING FROM ADULT VOLUNTEERS.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0GENERAL & OTHER ACTIVITIES THE PEARL GROUP, INC. ANNUALLY BUDGETS FUNDS FOR FOUR HALF-TIME PERSONS WHO SERVE AS THE EXECUTIVE DIRECTOR, DEVELOPMENT MANAGER, CLIENT ENGAGEMENT MANAGER AND TRANSPORTATION PROGRAM COORDINATOR. TO ACCOMPLISH ITS MISSION, THE PEARL GROUP, INC. HAS BEEN PRIVILEGED TO HAVE OVER 150 VOLUNTEERS CONTRIBUTING OVER 4,000 SERVICE HOURS TO THE SELECTED PROGRAMS. THESE ANNUAL VOLUNTEER SERVICE HOURS HAVE BEEN VALUED AT OVER 125,000. THE TRANSPORTATION PROGRAM HAS BENEFITTED FROM DONATED VEHICLES, DISCOUNTED AND DONATED CAR PARTS WHICH ARE USED IN THE CAR CARE CLINIC. IN 2023 THE TRANSPORTATION PROGRAM DELIVERED 138,622 IN SERVICES VALUE PLUS AN ADDITIONAL 909 VOLUNTEER HOURS. FACILITY USAGE FOR THE ORGANIZATION'S ADMIN OFFICES, THE CLOSET, AND CAR CARE CLINICS WAS PROVIDED TO THE ORGANIZATION AT A VALUE THAT EXCEEDS 36,000 ANNUALLY. SOFTWARE AND PROFESSIONAL SERVICES RECEIVED ANNUALLY HAS BEEN VALUED AT OVER 5,000. THE INDEPENDENT BOARD OF DIRECTORS ANNUALLY CONTRIBUTE NEARLY 2,000 HOURS OF TIME. FOOD AND BEVERAGES PROVIDED BY HUNDREDS OF VOLUNTEERS TO THE SINGLE MOM'S DINNERS AND MENTORING PROGRAMS ANNUALLY EXCEEDS 10,000 IN VALUE. IT IS ESTIMATED THAT THE VALUE OF IN-KIND SERVICES AND GOODS RECEIVED EXCEEDS 250,000 PER ANNUM. 100% OF THE CONTRIBUTED FUNDS HAVE BEEN SPENT ON DIRECT PROGRAMMING OR IN SUPPORT OF THE VARIOUS PROGRAMS OFFERED. WE WILL CONTINUE TO SEEK FUNDING IN THE FORM OF CONTRIBUTIONS AND GRANTS. PRIMARY VOLUNTEER FUNDRAISING EFFORTS HAVE BEEN PROVIDED TO THE PEARL GROUP, INC. BY THE PRESIDENT HAL BAGLEY AND VICE-PRESIDENT SCOTT OWEN AND SECONDARILY BY THE REMAINING BOARD MEMBERS. THE BOARD HAS AN ANNUAL PLANNING AND PROGRAMMING ASSESSMENT RETREAT WHEREBY EXISTING PROGRAMS ARE VIGOROUSLY EVALUATED FOR RESULTS, POSSIBLE IMPROVEMENT, STRUCTURAL EFFICIENCIES, AND NEEDS ASSESSMENT. NEW PROGRAMS ARE CONSIDERED. ANNUAL BUDGETS ARE ESTABLISHED BY THE ED AND APPROVED BY THE BOARD. PROGRAM GOALS ARE SET AND/OR REVISED AS DEEMED NECESSARY BY THE BOARD TO ACHIEVE SUCCESS AT DESIRED COST LEVELS. RESPONSIBILITY FOR PROGRAMMING EFFORTS AND ACTIONS ARE DISCUSSED AND ASSIGNED. MONTHLY FINANCE COMMITTEE MEETINGS REVIEW BUDGET VS ACTUALS AND REPORT TO THE MONTHLY BOARD MEETING. THE FINANCIAL RECORDS ARE RECONCILED AT YEAREND BY CERTIFIED PUBLIC ACCOUNTANT WHO SUBSEQUENTLY PREPARES THE ANNUAL TAX FILINGS AT NO COST TO THE ORGANIZATION. THE SINGLE MOMS PROGRAMMING ACTIVITIES INVOLVES OVER 100 VOLUNTEERS CONTRIBUTING 1800+ IN- KIND HOURS OF SERVICE. CREATING, MAINTAINING AND GROWING PARTNERSHIPS THAT TOGETHER PROVIDE PROGRAMMING ACTIVITIES FOR THE OVER 80 (AVERAGE) PARTICIPANTS THAT INCLUDE WEEKLY RESPITE DINNERS WITH EDUCATIONAL/INFORMATIONAL PROGRAMS BEING PRESENTED. THE SINGLE MOMS RECEIVE GROUP AND INDIVIDUAL MENTORING BY TRAINED VOLUNTEERS ASSISTING THE PARTICIPANTS IN ADDRESSING SINGLE PARENT LIFE COPING SKILLS, PARENTING SKILLS, FINANCIAL BUDGETING, BENEFITS ISSUES AND ASSESS GUIDANCE, GOAL SETTING AND OTHER ISSUES WHICH CHALLENGE THE SINGLE MOMS FROM TIME TO TIME. THE SINGLE MOMS ENJOY AN EVENING OF RESPITE FROM THE 24/7 CHALLENGE OF SINGLE PARENTING AS THE CHILDREN ARE PROVIDED ONE TO ONE MENTORING AND HOMEWORK ASSISTANCE BY A LONG TERM MENTOR RELATIONSHIP. PROFESSIONAL PROGRAMS ARE PRESENTED EACH WEEK IN A SAFE AND WELCOMING ENVIRONMENT THAT ENCOURAGES OPEN DISCUSSION AND RESULTANT PROBLEM SOLVING.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE TAX EXEMPT NON-PROFIT CHARITABLE MISSION OF THE PEARL GROUP, INC. IS TO CREATE, IMPLEMENT AND PROVIDE SUSTAINABLE PROGRAMS WHEREBY SINGLE PARENT FAMILIES FIND HOPE AND SKILLS NECESSARY TO BUILD AN ECONOMICALLY AND EMOTIONALLY STABLE HOME ENVIRONMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE P.E.A.R.L.S PROGRAM INCLUDES FOCUS PEARL. THESE RELATIONSHIPS ARE DESIGNED TO GROW INTO FAMILIAL STYLE FRIENDSHIPS ALLOWING FOR MENTORING, LISTENING, GUIDANCE, PROBLEM SOLVING, RESPITE OUTINGS, AND FAMILIAL TYPE EXAMPLES OF SELF SUFFICIENY. THE FOCUSED PEARL PROGRAM IS A PROGRAM WHEREIN A SELECT GROUP OF MOTIVATED SINGLE PARENTS WERE INTERVIEWED AND SELECTED TO RECEIVE A MORE INTENSE LEVEL OF GUIDANCE AND ASSISTANCE INCLUDING JOB SKILLS ASSESSMENT AND TRAINING, TUITION REIMBURSEMENT, TUITION SCHOLARSHIPS, CHILD CARE ASSISTANCE, AND ANY OTHER FORM OF ASSISTANCE NEEDED TO REMOVE ANY POSSIBLE IMPEDIMENT TO THEIR ACHIEVING SELF SUFFICIENCY. INITIAL RESULTS OF THIS MULTI YEAR PROJECT ARE ENCOURAGING WITH MODERATE SUCCESS ACHIEVED TO DATE WITH A FULL OBJECTIVE ANALYSIS OF EFFORTS AND RESULTING SUCCESS CURRENTLY IN PROCESS. OVER 250 HOURS OF VOLUNTEER TIME IS PROVIDED ANNUALLY BY OVER 25 VOLUNTEERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE TRANSPORTATION PROGRAM OPERATES MONTHLY OUT OF PROFESSIONAL AUTO CARE FACILITIES STAFFED BY 25+ VOLUNTEERS CONTRIBUTING 138,622 IN SERVICES VALUE PLUS AN ADDITIONAL 909 VOLUNTEER HOURS. THE PURPOSE OF THE CAR CARE CLINIC PROGRAMMING IS TO ASSURE SAFE AND RELIABLE TRANSPORTATION FOR THE PARTICIPATING SINGLE PARENTS ALLOWING THEM TO BE MORE SELF-SUFFICIENT. THE VOLUNTEERS, SUPERVISED BY A MASTER MECHANIC, INSPECT AND ASSESS THE NEEDS OF EACH VEHICLE. TYPICAL REPAIRS MADE INCLUDE TIRES, BRAKES, WIPERS, LIGHTS, FLUIDS AND FILTER REPLACEMENTS. SEVERAL TIMES PER YEAR REPLACEMENT VEHICLES ARE PROVIDED WHEN THE COST TO REPAIR IS TOO GREAT OR IRREPARABLE SAFETY CONCERNS ARE NOTED. THE REPLACEMENT VEHICLES ARE RECEIVED AS DONATIONS TO THE PROGRAM, ARE INSPECTED AND REFURBISHED AS NECESSARY. THE GOAL IS TO PROVIDE A SAFE AND RELIABLE TRANSPORTATION MEANS FOR THE SINGLE PARENTS AND FAMILIES ASSURING THEM ACCESS TO JOBS, CHILDCARE, MEDICAL, GROCERY, AND OTHER SELF SUFFICIENCY NEEDS. REPAIRS WERE MADE TO 157 VEHICLES DURING THE REPORTING PERIOD OF THIS RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GENERAL & OTHER ACTIVITIES THE PEARL GROUP, INC. ANNUALLY BUDGETS FUNDS FOR FOUR HALF-TIME PERSONS WHO SERVE AS THE EXECUTIVE DIRECTOR, DEVELOPMENT MANAGER, CLIENT ENGAGEMENT MANAGER AND TRANSPORTATION PROGRAM COORDINATOR. TO ACCOMPLISH ITS MISSION, THE PEARL GROUP, INC. HAS BEEN PRIVILEGED TO HAVE OVER 150 VOLUNTEERS CONTRIBUTING OVER 4,000 SERVICE HOURS TO THE SELECTED PROGRAMS. THESE ANNUAL VOLUNTEER SERVICE HOURS HAVE BEEN VALUED AT OVER 125,000. THE TRANSPORTATION PROGRAM HAS BENEFITTED FROM DONATED VEHICLES, DISCOUNTED AND DONATED CAR PARTS WHICH ARE USED IN THE CAR CARE CLINIC. IN 2023 THE TRANSPORTATION PROGRAM DELIVERED 138,622 IN SERVICES VALUE PLUS AN ADDITIONAL 909 VOLUNTEER HOURS. FACILITY USAGE FOR THE ORGANIZATION'S ADMIN OFFICES, THE CLOSET, AND CAR CARE CLINICS WAS PROVIDED TO THE ORGANIZATION AT A VALUE THAT EXCEEDS 36,000 ANNUALLY. SOFTWARE AND PROFESSIONAL SERVICES RECEIVED ANNUALLY HAS BEEN VALUED AT OVER 5,000. THE INDEPENDENT BOARD OF DIRECTORS ANNUALLY CONTRIBUTE NEARLY 2,000 HOURS OF TIME. FOOD AND BEVERAGES PROVIDED BY HUNDREDS OF VOLUNTEERS TO THE SINGLE MOM'S DINNERS AND MENTORING PROGRAMS ANNUALLY EXCEEDS 10,000 IN VALUE. IT IS ESTIMATED THAT THE VALUE OF IN-KIND SERVICES AND GOODS RECEIVED EXCEEDS 250,000 PER ANNUM. 100% OF THE CONTRIBUTED FUNDS HAVE BEEN SPENT ON DIRECT PROGRAMMING OR IN SUPPORT OF THE VARIOUS PROGRAMS OFFERED. WE WILL CONTINUE TO SEEK FUNDING IN THE FORM OF CONTRIBUTIONS AND GRANTS. PRIMARY VOLUNTEER FUNDRAISING EFFORTS HAVE BEEN PROVIDED TO THE PEARL GROUP, INC. BY THE PRESIDENT HAL BAGLEY AND VICE-PRESIDENT SCOTT OWEN AND SECONDARILY BY THE REMAINING BOARD MEMBERS. THE BOARD HAS AN ANNUAL PLANNING AND PROGRAMMING ASSESSMENT RETREAT WHEREBY EXISTING PROGRAMS ARE VIGOROUSLY EVALUATED FOR RESULTS, POSSIBLE IMPROVEMENT, STRUCTURAL EFFICIENCIES, AND NEEDS ASSESSMENT. NEW PROGRAMS ARE CONSIDERED. ANNUAL BUDGETS ARE ESTABLISHED BY THE ED AND APPROVED BY THE BOARD. PROGRAM GOALS ARE SET AND/OR REVISED AS DEEMED NECESSARY BY THE BOARD TO ACHIEVE SUCCESS AT DESIRED COST LEVELS. RESPONSIBILITY FOR PROGRAMMING EFFORTS AND ACTIONS ARE DISCUSSED AND ASSIGNED. MONTHLY FINANCE COMMITTEE MEETINGS REVIEW BUDGET VS ACTUALS AND REPORT TO THE MONTHLY BOARD MEETING. THE FINANCIAL RECORDS ARE RECONCILED AT YEAREND BY CERTIFIED PUBLIC ACCOUNTANT WHO SUBSEQUENTLY PREPARES THE ANNUAL TAX FILINGS AT NO COST TO THE ORGANIZATION. THE SINGLE MOMS PROGRAMMING ACTIVITIES INVOLVES OVER 100 VOLUNTEERS CONTRIBUTING 1800+ IN- KIND HOURS OF SERVICE. CREATING, MAINTAINING AND GROWING PARTNERSHIPS THAT TOGETHER PROVIDE PROGRAMMING ACTIVITIES FOR THE OVER 80 (AVERAGE) PARTICIPANTS THAT INCLUDE WEEKLY RESPITE DINNERS WITH EDUCATIONAL/INFORMATIONAL PROGRAMS BEING PRESENTED. THE SINGLE MOMS RECEIVE GROUP AND INDIVIDUAL MENTORING BY TRAINED VOLUNTEERS ASSISTING THE PARTICIPANTS IN ADDRESSING SINGLE PARENT LIFE COPING SKILLS, PARENTING SKILLS, FINANCIAL BUDGETING, BENEFITS ISSUES AND ASSESS GUIDANCE, GOAL SETTING AND OTHER ISSUES WHICH CHALLENGE THE SINGLE MOMS FROM TIME TO TIME. THE SINGLE MOMS ENJOY AN EVENING OF RESPITE FROM THE 24/7 CHALLENGE OF SINGLE PARENTING AS THE CHILDREN ARE PROVIDED ONE TO ONE MENTORING AND HOMEWORK ASSISTANCE BY A LONG TERM MENTOR RELATIONSHIP. PROFESSIONAL PROGRAMS ARE PRESENTED EACH WEEK IN A SAFE AND WELCOMING ENVIRONMENT THAT ENCOURAGES OPEN DISCUSSION AND RESULTANT PROBLEM SOLVING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TAX PREPARER PROVIDES DRAFT COPY TO BOARD MEMBERS FOR REVIEW. REVIEW ITEMS DISCUSSED TO SATISFACTION OF BOARD AND TAX PREPARER SUBSEQUENTLY REQUESTS RETURN APPROVAL FROM THE BOARD PRIOR TO E-FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DOCUMENTS MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 2, PART III, LINE 4B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
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ReturnHeader/BuildTS02024-10-15 13:58:12Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0ANGIE SANDERS
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ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE PEARL GROUP INC
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