2025-07-28T22:37:24-07:00 2024-12-31 990 2024-01-01 272624202 PROJECT PEARLS USA INC PROJ 6504381730 1519 Masonic Ave Apt C San Francisco CA 94117 MELISSA VILLA Executive Director 6504381730 2025-07-28 1 2024 2025-03-06 01:10:19Z X Project Pearls USA Inc 1519 Masonic Ave Apt C San Francisco CA 94117 497737 0 X www.projectpearls.org X 2011 CA Helping the poorest of the poor children and families in the Philippines to have a better life through education, literacy, empowerment, nutrition, health care. 7 7 0 8 0 0 326634 497737 0 0 0 0 0 0 326634 497737 0 368944 0 0 114646 87204 0 0 0 265580 32557 380226 488705 -53592 9032 8816 17848 0 0 8816 17848 Helping the poorest of the poor children and families in the Philippines to have a better life through education, literacy, empowerment, nutrition and health care. 0 0 214806 161029 0 Education Programs - we are able to send 763 beneficiaries to school from preschool to college through the Scholarship Program. Education programs that support these scholars include After School Program, Brain Booster Program, Literacy Clubs, Career Counseling, Mentorship Program. Including Empowerment and livelihood Program. 142354 46525 0 Feeding Program. We serve daily breakfast for hundreds of children. The Feeding Program also includes daily breakfast for preschool scholars; Birthday Program where we celebrate our beneficiaries birthdays off site; it also includes thousands of meals and hundreds of grocery packs for hundreds of families during Christmas time. 11784 13025 0 Health Care Programs - we provide free medical check-ups and medicines to children and families in the communities we serve. We also provide medical and dental missions. We also help out in paying medical bills and funeral expenses. 119761 0 0 Total Program Services Expenses: Advertising/Promotional, Conferences, Information Technology, Occupancy, Utilities and Maintenance; Office/General Administration Expenses, Payroll, Health Care, Payroll Expenses 119761 0 0 488705 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 HI X Project PEARLS USA INC 6504381730 2211 American Avenue Ste 6 Hayward CA 94545 Melissa Villa Executive Director 60 40 X X 59617 0 7723 William Brandenburg Treasurer 3 0 X 0 0 0 59617 0 7723 0 0 0 0 0 0 0 0 0 0 497737 0 497737 0 0 0 0 0 0 0 497737 0 0 0 0 0 0 0 368944 368944 0 0 59617 59617 0 0 0 0 0 0 0 0 0 0 0 0 7723 7723 0 19864 19864 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4646 4646 9025 9025 1091 1091 0 0 8296 8296 5717 5717 0 0 0 0 479 479 0 0 0 0 0 0 0 0 3303 3303 0 0 488705 488705 0 0 8816 17848 0 0 0 0 0 0 0 0 0 0 0 0 0 8816 17848 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 8816 17848 0 0 8816 17848 8816 17848 9032 0 0 0 0 0 X 1 X 1 X 0 0 X 512326 469420 419202 326636 497737 2225321 0 0 0 0 0 0 0 0 0 0 0 0 512326 469420 419202 326636 497737 2225321 2225321 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2225321 0 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Form 990, Part VI, Section B, Line 11b The Form 990 is prepared by the Executive Director and Treasurer. Once completed, a draft of the Form 990 is provided to Board of Directors for review. The draft is distributed via email or a secure shared folder, and board members are given the opportunity to ask questions and provide feedback. Any necessary revisions are made before the final version is filed with the IRS. This process ensures that the board is informed and involved in the organization's compliance and reporting responsibilities. Form 990, Part VI, Section B, Line 12c Yes, the organization monitors and enforces its conflict of interest and other governance policies on a regular basis. Every year, all board members and key staff are required to complete and sign a conflict of interest disclosure form. These forms are reviewed by the Executive Director and Board Secretary to flag any potential issues. If something comes up, it's brought to the attention of the full Board, and appropriate steps are taken based on our written policy. We also revisit and reaffirm our policies-like conflict of interest, document retention, and whistleblower protection-during our annual board meeting. The signed forms and any related discussions are kept on file for transparency. This process helps make sure everyone understands the policies and that we stay accountable. Form 990, Part VI, Section B, Line 15 Project PEARLS follows a documented process when setting compensation for its Executive Director and other key employees. The process includes review and approval by independent board members who do not have a conflict of interest in the decision. To ensure fairness and compliance, the Board reviews compensation data from comparable nonprofit organizations, industry benchmarks, and available public filings such as other 990s. Deliberations are held during board or executive committee meetings and are documented in the minutes to provide contemporaneous substantiation of the process. This process was used to determine the compensation of the Executive Director. Form 990, Part VI, Section C, Line 19 As a public charity, Project PEARLS ensures transparency by making its financial statements, IRS Form 990 filings, and governing documents available to the public. These documents are accessible through the IRS website and the California Registry of Charitable Trusts. Additionally, Project PEARLS' conflict of interest policy and other governance documents are available upon request. The organization also shares annual program impact and financial highlights with donors and supporters through annual reports and other public updates. Requests may be made via info@projectpearls.org Project PEARLS USA respectfully submits this explanation for the delayed filing of our Form 990. This is the first time our organization has filed late since being organized and recognized as a 501(c)(3) nonprofit in 2011. The delay was caused by unforeseen administrative and staffing transitions, including changes in financial personnel and delays in obtaining necessary year-end documentation. These issues impacted our ability to prepare and file the return by the deadline, despite our good-faith efforts. As soon as the delay was recognized, we acted promptly to complete the return and ensure compliance. Project PEARLS has maintained a strong track record of timely filings for over a decade, and we remain fully committed to transparency and fulfilling all IRS requirements. We respectfully request a waiver of any penalties under reasonable cause, as the delay was not due to willful neglect and was promptly addressed once discovered.