NonprofitsThe Pearl Group Inc

Human Services

The Pearl Group Inc

LONGMONT, CO

Total revenue

$241K

Total expenses

$273K

Net assets

$144K

Grants received

$200K

23 grants

EIN

455530404

Tax year

2024

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.

Programs

3 programs

The transportation program operates monthly out of professional auto care facilities staffed by 25+ volunteers contributing services and 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 numerous vehicles during the reporting period of this return.

Expenses: $106K

The 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.

Expenses: $7K

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 2024 the transportation program delivered services and 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.

Expenses: $111K

Financials

FY 2024

Revenue

Contributions & grants$143K
Program service revenue$66K
Investment income$7K
Other revenue$25K
Total revenue$241K

Expenses

Grants paid
Salaries & benefits$101K
Fundraising
Other expenses$172K
Total expenses$273K
Total assets$215K
Net assets$144K

People

8 listed

NameRoleCompensation

HAL BAGLEY

BOARD CHAIR

Board

8 hrs/wk

CHRIS HIRAI

BOARD MEMBER

Board

3 hrs/wk

DEBRA LARKIN

BOARD MEMBER

Board

6 hrs/wk

SCOTT OWEN

BOARD MEMBER

Board

8 hrs/wk

CHRIS RAY

BOARD MEMBER

Board

3 hrs/wk

ANGIE SANDERS

TREASURER

Board

4 hrs/wk

KELLI SMITH

VICE PRESIDE

Board

6 hrs/wk

SHELLEY TAYLOR

SECRETARY

Board

2 hrs/wk

Grants received

Showing 23 of 23

FromAmountPurposeYear
$9K
PROGRAM SUPPORT
2024
$10K
Grant was awarded based on participation in and support of our weekly Bingo Game.
2023
$6K
For grant recipient's exempt purposes
2023
$5K
PROGRAM SUPPORT
2023
$50
MATCH CREDIT CARD DONATION (501(C)3)
2023
$31K
For grant recipient's exempt purposes
2022
$21K
Grant was for operational support for their program
2022
$10K
TO PROMOTE POSITIVE CHANGE TO THE POLICIES AND SYSTEMS THAT ASSIST YOUTH IN BECOMING SUCCESSFUL ADULTS.
2022
$6K
GENERAL PURPOSE
2022
$50
MATCHING FUNDS
2022
$6K
For grant recipient's exempt purposes
2021
$6K
For grant recipient's exempt purposes
2021
$50
MATCHING EMPLOYEE DONATION
2021
$11K
For grant recipient's exempt purposes
2020
$8K
GENERAL PURPOSE
2020
$7K
PROGRAM SUPPORT
2020
$6K
For grant recipient's exempt purposes
2019
$5K
GENERAL PURPOSE
2019
$6K
For grant recipient's exempt purposes
2018

Funded by

$200K from 8 funders · 23 grants · 2018–2024

Fidelity Investments Charitable Gift Fund

$73K · 7 grants · 2018–2023

Kiwanis International Inc

$35K · 3 grants · 2021–2023

Hakes-Wiland Christian Foundation

$25K · 1 grant · 2020

The Longmont Community Foundation

$21K · 3 grants · 2020–2024

Colorado Gives Foundation

$19K · 3 grants · 2019–2022

Donor Advised Charitable Giving Inc

$15K · 2 grants · 2022–2023

Walter S Johnson Foundation

$10K · 1 grant · 2022

Xcel Energy Foundation

$150 · 3 grants · 2021–2023

Details

EIN455530404
NTEE codeP42
Subsection03
Ruling date2013-02
Formed2012
Employees4
THE PEARL GROUP INC — Mission, Financials & Grants Received | Grantivo