Pearl Ministries Inc

Address
PO Box 610537
Birmingham, AL 35261
Contact
Website: http://pearlministries.org/
Phone: +1 (205) 202-5616
Nonprofit
NTEE: X99 - Religion Related, Spiritual Development N.E.C.
EIN: 20-5748507

Mission

Pearl Ministries partners with individuals, families and churches to help orphans and vulnerable children in Uganda, the Pearl of Africa, through gospel centered holistic development of family and community in partnership with indigenous ministries and churches.
 20162015201320122011
Basic features of the organization
Year of formation2006
Subsection code03
PF filing required0    
Metropolitan statistical area1000
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel$0.00$0.00 $46,000.00$46,624.00
Sum of reportable (W2/1099) compensation   $46,000.00$41,450.00
Number of employees22 24
Number of people compensated >$100k00 00
Number of volunteers   00
Number of highly compensated contractors00   
Personnel
Ashburner, James
TitleDirectorDirector   
Name of key/compensated personJames R Ashburner IIIJames R Ashburner III   
Position of compensated person
Current individual trustee or directorTrueTrue   
Average hours per week working for org5.005.00   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Average hours per week working for related orgs0.000.00   
Bennett, Carson
TitleDirectorDirector   
Name of key/compensated personCarson BennettCarson Bennett   
Position of compensated person
Current individual trustee or directorTrueTrue   
Average hours per week working for org1.001.00   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Average hours per week working for related orgs0.000.00   
Carroll, Nancy
TitleDirectorDirector   
Name of key/compensated personNancy W CarrollNancy W Carroll   
Position of compensated person
Current individual trustee or directorTrueTrue   
Average hours per week working for org1.001.00   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Average hours per week working for related orgs0.000.00   
Landrum, Michael
Title   DIRECTORDIRECTOR
Name of key/compensated person   MICHAEL C LANDRUMMICHAEL C LANDRUM
Position of compensated person
Current individual trustee or director   TrueTrue
Average hours per week working for org   1.001.00
Reportable compensation from org   $0.00$0.00
Other comp, non-reportable, from org and related orgs   $0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00$0.00
Laslo, Jamie
TitleDirectorDirector DIRECTOR EX OFFICIODIRECTOR EX OFFICIO
Name of key/compensated personJamie R LasloJamie R Laslo JAMIE R LASLOJAMIE R LASLO
Position of compensated person
Current individual trustee or directorTrueTrue TrueTrue
Average hours per week working for org5.005.00 25.0025.00
Reportable compensation from org$0.00$0.00 $10,000.00$4,306.00
Other comp, non-reportable, from org and related orgs$0.00$0.00 $0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00 $0.00$0.00
Average hours per week working for related orgs0.000.00   
Laslo, Scott
TitleDirectorDirector PRESIDENT/DIRECTOR/CHAIRMAPRESIDENT/DIRECTOR/CHAIRMA
Name of key/compensated personScott M LasloScott M Laslo SCOTT M LASLOSCOTT M LASLO
Position of compensated person
Current individual trustee or directorTrueTrue TrueTrue
Average hours per week working for org10.0010.00 40.0040.00
Reportable compensation from org$0.00$0.00 $36,000.00$37,144.00
Other comp, non-reportable, from org and related orgs$0.00$0.00 $2,739.00$5,174.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00 $0.00$0.00
Average hours per week working for related orgs0.000.00   
McCaghren, Chris
Title   SECRETARYSECRETARY
Name of key/compensated person   CHRIS MCCAGHRENCHRIS MCCAGHREN
Position of compensated person
Current individual trustee or director   TrueTrue
Average hours per week working for org   1.001.00
Reportable compensation from org   $0.00$0.00
Other comp, non-reportable, from org and related orgs   $0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00$0.00
Otulana, Shegun
TitleDirectorDirector   
Name of key/compensated personShegun OtulanaShegun Otulana   
Position of compensated person
Current individual trustee or directorTrueTrue   
Average hours per week working for org1.001.00   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Average hours per week working for related orgs0.000.00   
Phillips, Jonathan
Title   DIRECTOR 
Name of key/compensated person   JONATHAN PHILLIPS 
Position of compensated person
Current individual trustee or director   True 
Average hours per week working for org   1.00 
Reportable compensation from org   $0.00 
Other comp, non-reportable, from org and related orgs   $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00 
Stone, John
TitleChairmanChairman   
Name of key/compensated personJohn StoneJohn Stone   
Position of compensated person
Average hours per week working for org10.0010.00   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Average hours per week working for related orgs0.000.00   
Purpose: mission, activities, & accomplishments
Mission or significant activitiesOrphanage services providing housing, clothing, food and education to orphans living in Uganda.Orphanage services providing housing, clothing, food and education to orphans living in Uganda. PEARL MINISTRIES PARTNERS WITH INDIVIDUALS, FAMILIES, AND CHURCHES TO HELP ORPHANS AND VULNERABLE CHILDREN IN UGANDA, THE PEARL OF AFRICA, THROUGH GOSPEL-CENTERED, HOLISTIC DEVELOPMENT OF FAMILY AND COMMUNITY IN PARTNERSHIP WITH INDIGENOUS MINISTRIES AND CHURCHES.PEARL MINISTRIES PARTNERS WITH INDIVIDUALS, FAMILIES, AND CHURCHES TO HELP ORPHANS AND VULNERABLE CHILDREN IN UGANDA, THE PEARL OF AFRICA, THROUGH GOSPEL-CENTERED, HOLISTIC DEVELOPMENT OF FAMILY AND COMMUNITY IN PARTNERSHIP WITH INDIGENOUS MINISTRIES AND CHURCHES.
Program service expenses, total$52,900.00$48,030.00 $79,042.00$129,531.00
Programs, including revenue & expenses
Orphanage services providing housing, clothing, food and education to orphans living in Uganda.
Program expenses$52,900.00$48,030.00 $79,042.00$129,531.00
Grants and allocations made$52,900.00$48,030.00 $42,000.00$64,150.00
Program revenue$63,730.00$56,514.00  $157,607.00
Program descriptionOrphanage services providing housing, clothing, food and education to orphans living in Uganda.Orphanage services providing housing, clothing, food and education to orphans living in Uganda. ORPHANAGE SERVICES- PROVIDING HOUSING, CLOTHING, FOOD, AND EDUCATION TO ORPHANS LIVING IN UGANDA.ORPHANAGE SERVICES- PROVIDING HOUSING, CLOTHING, FOOD, AND EDUCATION TO ORPHANS LIVING IN UGANDA.
Financial data
Revenue
Total revenue$63,730.00$56,514.00 $122,901.00$157,627.00
Revenue from contributions (total)$63,730.00$56,514.00$130,860.00$122,901.00$157,363.00
Investment income, current yr$0.00$0.00 $0.00$0.00
Total revenue from grants, etc., current yr$63,730.00$56,514.00 $122,901.00$157,363.00
Total unrelated business revenue$0.00$0.00 $0.00$0.00
Other revenue, current yr$0.00$0.00 $0.00$264.00
Net unrelated business taxable revenue   $0.00$0.00
Program service revenue (total)$0.00$0.00$0.00$0.00$0.00
Gross receipts$63,730.00$56,514.00 $122,901.00$157,627.00
Sources of contributions
Revenue from fundraising events   $17,018.00$12,090.00
Revenue from all other contributions$63,730.00$56,514.00 $105,883.00$145,273.00
Other types of revenue
Royalties (total)$0.00$0.00   
Miscellaneous revenue (total)$0.00$0.00  $264.00
Net revenue from gaming (total)$0.00$0.00   
Income from dividends, interest, and similar investments$0.00$0.00   
Net rental income$0.00$0.00$0.00$0.00$0.00
Net income from fundraising events$0.00$0.00 $0.00$0.00
Net inventory sales (total)$0.00$0.00   
Expense categories (totals)
Total functional expenses: sum of all$55,464.00$55,093.00 $117,343.00$194,795.00
Total functional expenses: program service $52,900.00$48,030.00 $79,042.00$129,531.00
Total functional expenses: management and general$2,564.00$6,091.00 $38,301.00$65,264.00
Total functional expenses: fundraising$0.00$972.00 $0.00$0.00
Fees for services
Lobbying fees (total)$0.00$0.00   
Legal fees (total)$0.00$2,000.00   
Fundraising service fees (total)$0.00$0.00 $0.00$0.00
General management fees (total)$0.00$0.00   
Investment management fees (total)$0.00$0.00   
Assets and liabilities
Total assets$40,860.00$32,594.00$38,468.00$43,318.00$37,107.00
Total assets, beginning of year$32,594.00$31,485.00 $37,107.00$58,504.00
Total liabilities$20,624.00$20,624.00$15,145.00$19,783.00$19,130.00
Total liabilities, beginning of year$20,624.00$20,936.00 $19,130.00$3,359.00
Pledges & accounts receivable, net$0.00$0.00   
Loans & receivables from key persons$0.00$0.00   
Unrestricted net assets, end of yr$20,236.00$11,970.00 $23,535.00$17,977.00
Net assets$20,236.00$11,970.00 $23,535.00$17,977.00
Net assets, beginning of year$11,970.00$10,549.00 $17,977.00$55,145.00
Other liabilities$20,624.00$20,624.00 $18,743.00$17,786.00
Intangible assets$0.00$0.00 $629.00$679.00
Other assets$0.00$0.00   
Investments: other securities$0.00$0.00   
Investments: publicly traded securities$0.00$0.00   
Cash: non-interest bearing$19,850.00$11,584.00 $10,621.00$12,608.00
Cash: non-interest bearing, beginning of year$11,584.00$10,475.00 $12,608.00$16,049.00
Investments -- program-related$19,190.00$19,190.00 $18,611.00$18,611.00
Inventories for sale or use$0.00$0.00 $10,000.00 
Other financial variables
Revenue less expenses$8,266.00$1,421.00 $5,558.00-$37,168.00
Advertising (total)$0.00$972.00  $2,908.00
Savings & temp cash investment$0.00$0.00   
Accounts receivable, net$0.00$0.00  $0.00
Prepaid expenses & deferred charges$0.00$0.00   
Accounts payable & accrued expenses   $1,040.00$1,344.00
Total net assets or fund balances$20,236.00$11,970.00 $23,535.00$17,977.00
Depreciation, depletion, amortization$0.00$0.00 $1,802.00$1,800.00
Payment to affiliates$0.00$0.00   
Governance and accountability
Number of voting members77 76
Number of independent voting members77 76
Relationships among key personnelTrueTrue TrueTrue
Cash accountingTrueTrue   
Accrual accounting   TrueTrue
Tax year start date2016-01-012015-01-01 2012-01-012011-01-01
Tax year end date2016-12-012015-12-012013-12-012012-12-012011-12-01
Indicators for schedules (selected)
Org has controlled entity   TrueTrue
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990 990990
Date e-filing submitted2018-03-012017-04-10 2014-01-082012-12-27
IRS schema version2016v3.02015v2.0 2012v2.12011v1.2
Filing identifier201830109349301533201633209349315293 201303299349300600201223209349307922
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