Pearlstone Conference & Retreat Center

The information on this page was last updated 4/21/2023. If you see errors or omissions, please email: [email protected]


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: [email protected]


Organization details

EIN: 432080719

CEO/President: Jakir Manela

Chairman: Aaron Max

Board size: 23

Founder: Richard Pearlstone

Ruling year: 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

Donor confidence score

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Transparency grade

D

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Camps/Conference Centers

CategoryRatingOverall rankSector rank
Overall efficiency rating218 of 10968 of 36
Fund acquisition rating28 of 10983 of 37
Resource allocation rating477 of 109826 of 37
Asset utilization rating565 of 109618 of 36

Financial ratios

Funding ratiosSector median20222021202020192018
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
6%2%5%4%2%8%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
2%1%4%2%1%3%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
42%79%77%59%53%43%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
3%3%5%3%2%3%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
58%21%23%41%47%57%
 
Operating ratiosSector median20222021202020192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
81%79%77%82%84%86%
Spending ratio Spending ratio =
Total expenses /
Total revenue
89%50%76%86%73%95%
Program output ratio Program output ratio =
Program services /
Total revenue
68%39%58%70%62%82%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
11%50%24%14%27%5%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
5%46%18%15%41%8%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
14%18%18%16%14%10%
 
Investing ratiosSector median20222021202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.340.310.440.690.801.18
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
3.632.582.562.932.953.20
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.440.801.132.022.373.77
 
Liquidity ratiosSector median20222021202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
6.883.743.152.281.711.51
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.150.270.320.440.590.66
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.7911.027.263.332.101.08
 
Solvency ratiosSector median20222021202020192018
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
8%31%24%30%28%31%
Debt ratio Debt ratio =
Debt /
Total assets
1%21%12%14%8%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
228%221%171%102%89%59%

Financials

Balance sheet
 
Assets20222021202020192018
Cash$3,084,705$2,320,585$1,988,007$1,417,137$261,421
Receivables, inventories, prepaids$3,871,622$1,126,602$638,547$748,777$966,219
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$6,956,327$3,447,187$2,626,554$2,165,914$1,227,640
Long-term investments$0$0$0$0$0
Fixed assets$10,966,842$5,297,470$5,072,472$4,195,032$2,702,975
Other long-term assets$0$63,526$0$28,620$0
Total long-term assets$10,966,842$5,360,996$5,072,472$4,223,652$2,702,975
Total assets$17,923,169$8,808,183$7,699,026$6,389,566$3,930,615
 
Liabilities20222021202020192018
Payables and accrued expenses$1,164,445$458,037$308,208$406,209$295,594
Other current liabilities$695,448$635,252$841,886$861,209$517,208
Total current liabilities$1,859,893$1,093,289$1,150,094$1,267,418$812,802
Debt$3,763,731$1,063,088$1,091,771$536,000$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$3,592$0$35,235$0$392,191
Total long-term liabilities$3,767,323$1,063,088$1,127,006$536,000$392,191
Total liabilities$5,627,216$2,156,377$2,277,100$1,803,418$1,204,993
 
Net assets20222021202020192018
Without donor restrictions$4,301,553$2,188,186$2,951,681$2,955,853$2,367,515
With donor restrictions$7,994,400$4,463,620$2,470,245$1,630,295$358,107
Net assets$12,295,953$6,651,806$5,421,926$4,586,148$2,725,622
 
Revenues and expenses
 
Revenue20222021202020192018
Total contributions$8,865,570$3,958,075$3,620,379$3,696,818$2,100,462
Program service revenue$2,001,222$1,110,430$2,503,632$3,252,404$2,734,531
Membership dues$0$0$0$0$0
Investment income$12$0$0$82$165
Other revenue$327,251$52,322$25,750$49,311$16,411
Total other revenue$2,328,485$1,162,752$2,529,382$3,301,797$2,751,107
Total revenue$11,194,055$5,120,827$6,149,761$6,998,615$4,851,569
 
Expenses20222021202020192018
Program services$4,405,803$2,992,796$4,334,358$4,318,453$3,982,868
Management and general$981,458$708,295$845,581$734,918$485,629
Fundraising$164,382$189,856$134,044$84,718$161,877
Total expenses$5,551,643$3,890,947$5,313,983$5,138,089$4,630,374
 
Change in net assets20222021202020192018
Surplus (deficit)$5,642,412$1,229,880$835,778$1,860,526$221,195
Other changes in net assets$0$0$0$0$0
Total change in net assets$5,642,412$1,229,880$835,778$1,860,526$221,195

Compensation

NameTitleCompensation
Jeremy Jakir K ManelaCEO$215,056
Claudia FathDirector of Finance$77,668

Compensation data as of: 6/30/2022


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 4/21/2023. To update the information below, please email: [email protected]


History

https://www.pearlstonecenter.org/wp-content/uploads/2019/09/history-poster.pdf


Program accomplishments

In 2022

13,000 people participated in Jewish Environmental Education and Immersive Retreats

18,000 people participated in community engagement efforts, including retreat rentals, campus use and farming

Over 100 organizations joined the Jewish Climate Leadership Coalition


Needs