Pearl Initiative Inc
Organization summary
Type of Nonprofit
Designated as a Business leagues, chambers of commerce, real estate boards, etc, created for the improvement of business conditions.
Category: Community Improvement, Capacity Building / Promotion of Business (NTEE)
Donations to this organization are not tax deductible.
Summary charts: organization finances over time
Revenue $937k (2023)
Expenses $1.14M (2023)
Total Assets $1.92M (2023)
Total Liabilities $306k (2023)
Tax Filings by Year
Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.
Fiscal Year Ending Dec.
2023
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $381,706 |
40.7%
|
| Program Services | $475,000 |
50.7%
|
| Investment Income | $80,163 |
8.6%
|
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $0 | |
| Net Fundraising | $0 | |
| Sales of Assets | $0 | |
| Net Inventory Sales | $0 | |
| Other Revenue | $0 |
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $118,380 |
10.4%
|
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $766,260 |
67.2%
|
| Assets/Debt | ||
|---|---|---|
| Total Assets | $1,921,690 | |
| Total Liabilities | $306,384 |
Compensation
| Key Employees and Officers | Compensation | Related | Other |
|---|---|---|---|
| Pankaj Khatri (Head Of Busines) | $114,364 | $0 | $4,016 |
| Abdullah Sweileh (Director) | $0 | $0 | $0 |
| Mathad Alajmi (Director) | $0 | $0 | $0 |
Document Links
990
Filed on Oct. 3, 2024Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2022
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $329,370 |
35.7%
|
| Program Services | $550,000 |
59.6%
|
| Investment Income | $43,901 |
4.8%
|
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $0 | |
| Net Fundraising | $0 | |
| Sales of Assets | $0 | |
| Net Inventory Sales | $0 | |
| Other Revenue | $0 |
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $189,052 |
16.2%
|
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $727,678 |
62.2%
|
| Assets/Debt | ||
|---|---|---|
| Total Assets | $2,058,110 | |
| Total Liabilities | $240,044 |
Compensation
| Key Employees and Officers | Compensation | Related | Other |
|---|---|---|---|
| Ranya Saadawi (Executive Dir.) | $189,052 | $0 | $0 |
| Abdullah Sweileh (Director) | $0 | $0 | $0 |
| Mathad Alajmi (Director) | $0 | $0 | $0 |
Document Links
990
Filed on Nov. 3, 2023Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2021
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $178,106 |
26.9%
|
| Program Services | $450,000 |
68.0%
|
| Investment Income | $33,785 |
5.1%
|
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $0 | |
| Net Fundraising | $0 | |
| Sales of Assets | $0 | |
| Net Inventory Sales | $0 | |
| Other Revenue | $0 |
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $187,908 |
18.8%
|
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $648,749 |
64.8%
|
| Assets/Debt | ||
|---|---|---|
| Total Assets | $2,134,359 | |
| Total Liabilities | $69,209 |
Compensation
| Key Employees and Officers | Compensation | Related | Other |
|---|---|---|---|
| Ranya Saadawi (Executive Dir.) | $196,567 | $0 | $0 |
| Abdullah Sweileh (Director) | $0 | $0 | $0 |
| Mathad Alajmi (Director) | $0 | $0 | $0 |
Document Links
990
Filed on Nov. 4, 2022Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2020
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $259,850 |
31.5%
|
| Program Services | $518,750 |
62.9%
|
| Investment Income | $46,551 |
5.6%
|
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $0 | |
| Net Fundraising | $0 | |
| Sales of Assets | $0 | |
| Net Inventory Sales | $0 | |
| Other Revenue | $0 |
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $107,711 |
10.4%
|
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $532,080 |
51.2%
|
| Assets/Debt | ||
|---|---|---|
| Total Assets | $2,602,368 | |
| Total Liabilities | $197,463 |
Compensation
| Key Employees and Officers | Compensation | Related | Other |
|---|---|---|---|
| Yasmine Omari (Executive Dir.) | $107,711 | $71,807 | $0 |
| Ranya Saadawi (Executive Dir.) | $0 | $0 | $0 |
| Abdullah Sweileh (Director) | $0 | $0 | $0 |
Document Links
990
Filed on Nov. 10, 2021Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2019
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $819,760 |
50.8%
|
| Program Services | $730,000 |
45.2%
|
| Investment Income | $64,022 |
4.0%
|
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $0 | |
| Net Fundraising | $0 | |
| Sales of Assets | $0 | |
| Net Inventory Sales | $0 | |
| Other Revenue | $0 |
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $189,519 |
15.2%
|
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $498,704 |
40.0%
|
| Assets/Debt | ||
|---|---|---|
| Total Assets | $2,868,341 | |
| Total Liabilities | $248,675 |
Compensation
| Key Employees and Officers | Compensation | Related | Other |
|---|---|---|---|
| Yasmine Omari (Executive Dir.) | $189,915 | $0 | $0 |
| Mathad Alajmi (Director) | $0 | $0 | $0 |
| Ahmed Al Janahi (Director) | $0 | $0 | $0 |
Document Links
990
Filed on Oct. 19, 2020Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2018
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $1,065,165 |
57.4%
|
| Program Services | $749,436 |
40.4%
|
| Investment Income | $40,607 |
2.2%
|
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $0 | |
| Net Fundraising | $0 | |
| Sales of Assets | $0 | |
| Net Inventory Sales | $0 | |
| Other Revenue | $0 |
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $364,300 |
27.7%
|
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $515,983 |
39.2%
|
| Assets/Debt | ||
|---|---|---|
| Total Assets | $2,487,834 | |
| Total Liabilities | $235,735 |
Compensation
| Key Employees and Officers | Compensation | Related | Other |
|---|---|---|---|
| Carla Koffel (Executive Direc) | $200,000 | $0 | $0 |
| Yasmine Omari (Director) | $163,400 | $0 | $0 |
| Mathad Alajmi (Vice Chairman) | $0 | $0 | $0 |
Document Links
990
Filed on Nov. 15, 2019Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2017
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $1,863,105 |
99.7%
|
| Program Services | $0 | |
| Investment Income | $5,590 |
0.3%
|
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $0 | |
| Net Fundraising | $0 | |
| Sales of Assets | $0 | |
| Net Inventory Sales | $0 | |
| Other Revenue | $0 |
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $200,000 |
14.2%
|
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $608,437 |
43.3%
|
| Assets/Debt | ||
|---|---|---|
| Total Assets | $1,963,416 | |
| Total Liabilities | $249,768 |
Compensation
| Key Employees and Officers | Compensation | Related | Other |
|---|---|---|---|
| Carla Koffel (Executive Direc) | $200,000 | $0 | $0 |
| Abdulaziz Hamad Al Jomaih (Vice Chairman) | $0 | $0 | $0 |
| Fadi Ghandour (Director) | $0 | $0 | $0 |
Document Links
990
Filed on Nov. 12, 2018Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2016
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $2,136,290 |
100%
|
| Program Services | $0 | |
| Investment Income | $0 | |
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $0 | |
| Net Fundraising | $0 | |
| Sales of Assets | $0 | |
| Net Inventory Sales | $0 | |
| Other Revenue | $0 |
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $200,000 |
14.1%
|
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $494,820 |
34.9%
|
| Assets/Debt | ||
|---|---|---|
| Total Assets | $1,481,283 | |
| Total Liabilities | $230,601 |
Compensation
| Key Employees and Officers | Compensation | Related | Other |
|---|---|---|---|
| Carla Koffel (Executive Direc) | $200,000 | $0 | $0 |
| Arif Naqvi (Director) | $0 | $0 | $0 |
| Riad Sadik (Vice Chairman) | $0 | $0 | $0 |
Document Links
990
Filed on Nov. 15, 2017Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2015
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $1,441,874 |
100%
|
| Program Services | $0 | |
| Investment Income | $0 | |
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $0 | |
| Net Fundraising | $0 | |
| Sales of Assets | $0 | |
| Net Inventory Sales | $0 | |
| Other Revenue | $0 |
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $381,912 |
31.5%
|
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $288,922 |
23.9%
|
| Assets/Debt | ||
|---|---|---|
| Total Assets | $1,059,233 | |
| Total Liabilities | $1,026,820 |
Compensation
| Key Employees and Officers | Compensation | Related | Other |
|---|---|---|---|
| Carla Koffel (Executive Direc) | $200,000 | $0 | $0 |
| Imelda Dunlop (Executive Dir.) | $181,912 | $0 | $0 |
| Arif Naqvi (Director) | $0 | $0 | $0 |
Document Links
990
Filed on Nov. 15, 2016Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2014
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $973,448 |
100.0%
|
| Program Services | $0 | |
| Investment Income | $57 |
0.0%
|
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $0 | |
| Net Fundraising | $0 | |
| Sales of Assets | $0 | |
| Net Inventory Sales | $0 | |
| Other Revenue | $0 |
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $466,176 |
53.3%
|
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $0 |
| Assets/Debt | ||
|---|---|---|
| Total Assets | $508,945 | |
| Total Liabilities | $677,040 |
Compensation
| Key Employees and Officers | Compensation | Related | Other |
|---|---|---|---|
| Imelda Dunlop (Secretary & Ed) | $176,743 | $0 | $0 |
| Celine Schreiber (Programme Manager) | $103,651 | $0 | $0 |
| Hamid Dhiya Jafar (Chairman) | $0 | $0 | $0 |
Document Links
990
Filed on Oct. 5, 2015Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2013
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $699,521 |
100.0%
|
| Program Services | $0 | |
| Investment Income | $69 |
0.0%
|
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $0 | |
| Net Fundraising | $0 | |
| Sales of Assets | $0 | |
| Net Inventory Sales | $0 | |
| Other Revenue | $0 |
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $169,205 |
23.1%
|
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $235,102 |
32.1%
|
| Assets/Debt | ||
|---|---|---|
| Total Assets | $275,261 | |
| Total Liabilities | $542,766 |
Other
Compensation
| Key Employees and Officers | Compensation | Related | Other |
|---|---|---|---|
| Imelda Dunlop (Secretary & Ed) | $165,956 | $0 | $3,249 |
| Hamid Dhiya Jafar (Chairman) | $0 | $0 | $0 |
| Abdulaziz H Aljomaih (Vice Chairman) | $0 | $0 | $0 |
Document Links
990
Filed on Nov. 17, 2014Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2012
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $620,000 |
100%
|
| Program Services | $0 | |
| Investment Income | $0 | |
| Bond Proceeds | $0 | |
| Royalties | $0 | |
| Rental Property Income | $0 | |
| Net Fundraising | $0 | |
| Sales of Assets | $0 | |
| Net Inventory Sales | $0 | |
| Other Revenue | $0 |
| Notable Expenses | Percent of Total Expenses | |
|---|---|---|
| Executive Compensation | $150,000 |
20.5%
|
| Professional Fundraising Fees | $0 | |
| Other Salaries and Wages | $198,317 |
27.1%
|
| Assets/Debt | ||
|---|---|---|
| Total Assets | $333,078 | |
| Total Liabilities | $568,853 |
Document Links
990
Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2011
No Extracted Financial Data
Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.
Document Links
990
Primary tax return for a nonprofit’s activities, finances, and governance
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