D C Pearls III Foundation is a 501(c)(3) organization based in Washington, District of Columbia, registered in 2015, with $105,518 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$106K
▼ 12.9% vs prior year
Community median: $184K
Expenses (FY2023)
$94K
Net assets
$372K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for D C Pearls III Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For D C Pearls III Foundation: 47 mo reserves · +11% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for D C Pearls III Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For D C Pearls III Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $124K (FY2021) to $106K (FY2023) across 3 reported years.
Financial snapshot
Operating margin
10.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$372K
Total liabilities
$0
Net assets
$372K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $105,518▼12.9% | $93,988▲9.4% | $371,871▲13.0% | $371,871▲13.0% | 990 |
| 2022 | $121,091▼2.2% | $85,876▲87.6% | $329,035▲88.6% | $329,035▲88.6% | 990 |
| 2021 | $123,807 | $45,786 | $174,466 | $174,466 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
6 grants to D C Pearls III Foundation totaling $221K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Network For Good Inc | Unrestricted | 2023 | $14,095 |
| Network For Good Inc | Unrestricted | 2022 | $51,748 |
| Network For Good Inc | Unrestricted | 2021 | $58,812 |
| Network For Good Inc | Unrestricted | 2020 | $30,916 |
| Network For Good Inc | Unrestricted | 2019 | $23,067 |
| Network For Good Inc | Unrestricted | 2018 | $41,874 |
Explore more
Data for D C Pearls III Foundation (EIN 75-3062797) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.