Pearlstone Conference & Retreat Center

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 9/20/2021. To update the information in this column, please email: info@ministrywatch.com


Summary

The Pearlstone Retreat Center, Farm and Programs enable and inspire vibrant Jewish life. Engaging Jewish, faith-based, and secular organizations, individuals, and families, Pearlstone serves all ages and backgrounds throughout Baltimore, the Chesapeake region, and beyond!


Contact information

Mailing address:
Pearlstone Conference & Retreat Center
5425 Mt. Gilead Rd.
Reisterstown, MD 21136

Website: pearlstonecenter.org

Phone: 410-500-5417

Email: info@pearlstonecenter.org


Organization details

EIN: 432080719

CEO/President: Jakir Manela

Chairman: Emile Bendit

Board size: 24

Founder: Richard Pearlstone

Year founded: 2006

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: No

Member of ECFA since:


Purpose

Situated on 180 acres of green and serene farmland in the suburbs of Baltimore, Maryland, Pearlstone provides loving warmth to people of all ages and backgrounds throughout Baltimore, the Chesapeake region, and beyond. Pearlstone offers a one-of-a-kind, memorable and meaningful experience to all who visit. Our picturesque campus helps create intimate and personal connections between people of all backgrounds and affiliations.


Mission statement

Pearlstone is fertile ground for Living Judaism, embracing the entire range of the Jewish community and forging connections in mind, body, and soul.

Pearlstone ignites Jewish passion, enabling and inspiring vibrant Jewish life through our beautiful retreat center, sustainable farm, and dynamic Jewish educational programs.

Welcoming young Jewish families, young adults, baby boomers, and beyond, Pearlstone cultivates a vibrant and sustainable Jewish community for all, connecting us to Jewish tradition, the earth, and each other.


Statement of faith

Transparency grade

D

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Camps/Conference Centers

CategoryRatingOverall rankSector rank
Overall efficiency rating131 of 9403 of 23
Fund acquisition rating78 of 9425 of 25
Resource allocation rating460 of 94216 of 25
Asset utilization rating229 of 9407 of 23

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
7%4%2%8%8%7%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
2%2%1%3%4%3%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
30%59%53%43%47%47%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
3%3%2%3%4%4%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
70%41%47%57%53%53%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
83%82%84%86%82%85%
Spending ratio Spending ratio =
Total expenses /
Total revenue
96%86%73%95%85%79%
Program output ratio Program output ratio =
Program services /
Total revenue
77%70%62%82%70%67%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
4%14%27%5%15%21%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
2%15%41%8%29%54%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
12%16%14%10%13%11%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.380.690.801.181.161.46
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
5.512.932.953.202.882.03
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.172.022.373.773.352.98
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
3.202.281.711.511.871.77
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.310.440.590.660.540.56
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
3.073.332.101.081.671.75
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
9%30%28%31%29%28%
Debt ratio Debt ratio =
Debt /
Total assets
2%14%8%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
244%102%89%59%61%49%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$1,988,007$1,417,137$261,421$493,829$514,015
Receivables, inventories, prepaids$638,547$748,777$966,219$729,483$698,565
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$2,626,554$2,165,914$1,227,640$1,223,312$1,212,580
Long-term investments$0$0$0$0$0
Fixed assets$5,072,472$4,195,032$2,702,975$2,300,304$1,180,526
Other long-term assets$0$28,620$0$0$74,087
Total long-term assets$5,072,472$4,223,652$2,702,975$2,300,304$1,254,613
Total assets$7,699,026$6,389,566$3,930,615$3,523,616$2,467,193
 
Liabilities20202019201820172016
Payables and accrued expenses$308,208$406,209$295,594$302,831$207,077
Other current liabilities$841,886$861,209$517,208$351,814$477,521
Total current liabilities$1,150,094$1,267,418$812,802$654,645$684,598
Debt$1,091,771$536,000$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$35,235$0$392,191$364,544$0
Total long-term liabilities$1,127,006$536,000$392,191$364,544$0
Total liabilities$2,277,100$1,803,418$1,204,993$1,019,189$684,598
 
Net assets20202019201820172016
Without donor restrictions$2,951,681$2,955,853$2,367,515$2,058,925$1,183,297
With donor restrictions$2,470,245$1,630,295$358,107$445,502$599,298
Net assets$5,421,926$4,586,148$2,725,622$2,504,427$1,782,595
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$3,620,379$3,696,818$2,100,462$2,269,873$2,159,298
Program service revenue$2,503,632$3,252,404$2,734,531$2,537,803$2,334,957
Membership dues$0$0$0$0$0
Investment income$0$82$165$435$27,490
Other revenue$25,750$49,311$16,411$12,190$46,280
Total other revenue$2,529,382$3,301,797$2,751,107$2,550,428$2,408,727
Total revenue$6,149,761$6,998,615$4,851,569$4,820,301$4,568,025
 
Expenses20202019201820172016
Program services$4,334,358$4,318,453$3,982,868$3,366,586$3,054,994
Management and general$845,581$734,918$485,629$548,912$412,886
Fundraising$134,044$84,718$161,877$182,971$143,728
Total expenses$5,313,983$5,138,089$4,630,374$4,098,469$3,611,608
 
Change in net assets20202019201820172016
Surplus (deficit)$835,778$1,860,526$221,195$721,832$956,417
Other changes in net assets$0$0$0$0$0
Total change in net assets$835,778$1,860,526$221,195$721,832$956,417

Compensation

NameTitleCompensation
Jeremy ManelaChief Executive Officer$192,602

Compensation data as of: 6/30/2020


Response from ministry

No response has been provided by this ministry.


The information below was provided to MinistryWatch by the ministry itself. It was last updated 9/20/2021. To update the information below, please email: info@ministrywatch.com


History

Jack Pearlstone had a deep commitment to a bright Jewish future characterized by vision, innovation and energy.

In 1982, Jack's son Richard Pearlstone, in partnership with The Associated, founded The Jack Pearlstone Institute for Living Judaism in memory of his father.

In 2001, after nearly 20 years of connecting people to Jewish heritage and traditions through various programs and events, the physical space now known as Pearlstone opened its doors.


Program accomplishments


Needs