Civic Intelligence

Portsmouth Invitational Tournament Foundation Inc C/O Mahlon Parker Jr

EIN 04-3650760 • 501(c)4 • Portsmouth, VA

Profile

Raise funds from activities such as the portsmouth invitational tournament. Funds raised shall be given for charitable purposes to nonprofit community organizations & for scholarships to deserving student athletes graduating from local high schools.

5606 Greenefield Drive SouthPortsmouth, VA 23703

portsmouthinvitational.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

40th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)4 • $500k-$1M nonprofits • Source year 2025

Liabilities / Revenue

42nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)4 • $500k-$1M nonprofits • Source year 2025

Net Margin

80th percentile

31%

Higher net margin than 80% of similar nonprofits.

501(c)4 • $500k-$1M nonprofits • Source year 2025

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)4 • $500k-$1M nonprofits • Source year 2025

Asset Growth

81st percentile

20%

Faster asset growth than 81% of similar nonprofits.

501(c)4 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Revenue Growth

77th percentile

30%

Faster revenue growth than 77% of similar nonprofits.

501(c)4 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets40th percentile

Assets

Up

$594,552

Up $99,542 (+20%) from 2024

Liabilities

Flat

$0

Flat from 2024

Net Assets

Up

$594,552

Up $99,542 (+20%) from 2024

Operations
Liabilities / Revenue42nd percentileNet Margin80th percentile

Revenue

Up

$317,378

Up $72,413 (+30%) from 2024

Expenses

Down

$217,836

Down $17,231 (-7.3%) from 2024

Net Income

Up

$99,542

Up $89,644 (+906%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth81st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2011: $205,554Liabilities 2011: $0Net Assets 2011: $205,5542011Assets 2012: $228,960Liabilities 2012: $0Net Assets 2012: $228,9602012Assets 2013: $249,515Liabilities 2013: $0Net Assets 2013: $249,5152013Assets 2014: $325,995Liabilities 2014: $0Net Assets 2014: $325,9952014Assets 2015: $326,143Liabilities 2015: $0Net Assets 2015: $326,1432015Assets 2016: $364,093Liabilities 2016: $0Net Assets 2016: $364,0932016Assets 2017: $422,262Liabilities 2017: $0Net Assets 2017: $422,2622017Assets 2018: $428,334Liabilities 2018: $0Net Assets 2018: $428,3342018Assets 2019: $450,999Liabilities 2019: $0Net Assets 2019: $450,9992019Assets 2020: $542,060Liabilities 2020: $0Net Assets 2020: $542,0602020Assets 2021: $503,843Liabilities 2021: $0Net Assets 2021: $503,8432021Assets 2022: $451,387Liabilities 2022: $0Net Assets 2022: $451,3872022Assets 2023: $485,112Liabilities 2023: $0Net Assets 2023: $485,1122023Assets 2024: $495,010Liabilities 2024: $0Net Assets 2024: $495,0102024Assets 2025: $594,552Liabilities 2025: $0Net Assets 2025: $594,5522025

Highlighted filing

2025

Assets$594,552
Liabilities$0
Net Assets$594,552
Open 2025 Filing

Operations Trend

Revenue Growth77th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$300K$200K$100K$0-$100KExpenses 2011: $30,7242011Revenue 2012: $64,860Expenses 2012: $41,454Net Income 2012: $23,4062012Revenue 2013: $53,695Expenses 2013: $33,140Net Income 2013: $20,5552013Revenue 2014: $89,679Expenses 2014: $13,199Net Income 2014: $76,4802014Revenue 2015: $49,891Expenses 2015: $49,743Net Income 2015: $1482015Revenue 2016: $74,771Expenses 2016: $36,820Net Income 2016: $37,9512016Revenue 2017: $77,335Expenses 2017: $19,166Net Income 2017: $58,1692017Revenue 2018: $68,004Expenses 2018: $61,932Net Income 2018: $6,0722018Revenue 2019: $74,902Expenses 2019: $52,237Net Income 2019: $22,6652019Revenue 2020: $91,311Expenses 2020: $250Net Income 2020: $91,0612020Revenue 2021: $36,819Expenses 2021: $75,036Net Income 2021: -$38,2172021Revenue 2022: $152,024Expenses 2022: $204,480Net Income 2022: -$52,4562022Revenue 2023: $265,939Expenses 2023: $232,214Net Income 2023: $33,7252023Revenue 2024: $244,965Expenses 2024: $235,067Net Income 2024: $9,8982024Revenue 2025: $317,378Expenses 2025: $217,836Net Income 2025: $99,5422025

Highlighted filing

2025

Revenue$317,378
Expenses$217,836
Net Income$99,542
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$594,552
Liabilities
$0
Net assets
$594,552
Revenue
$317,378
Expenses
$217,836
Net income
$99,542
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.95$0.00$5.95$3.17$2.18$1.00
2024Detailed filing. Detailed filing data is available for this year.$4.95$0.00$4.95$2.45$2.35$0.10
2023Detailed filing. Detailed filing data is available for this year.$4.85$0.00$4.85$2.66$2.32$0.34
2022Detailed filing. Detailed filing data is available for this year.$4.51$0.00$4.51$1.52$2.04$0.52
2021Detailed filing. Detailed filing data is available for this year.$5.04$0.00$5.04$0.37$0.75$0.38
2020Detailed filing. Detailed filing data is available for this year.$5.42$0.00$5.42$0.91$0.00$0.91
2019Detailed filing. Detailed filing data is available for this year.$4.51$0.00$4.51$0.75$0.52$0.23
2018Detailed filing. Detailed filing data is available for this year.$4.28$0.00$4.28$0.68$0.62$0.06
2017Detailed filing. Detailed filing data is available for this year.$4.22$0.00$4.22$0.77$0.19$0.58
2016Detailed filing. Detailed filing data is available for this year.$3.64$0.00$3.64$0.75$0.37$0.38
2015Detailed filing. Detailed filing data is available for this year.$3.26$0.00$3.26$0.50$0.50$0.00
2014Detailed filing. Detailed filing data is available for this year.$3.26$0.00$3.26$0.90$0.13$0.76
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.50$0.00$2.50$0.54$0.33$0.21
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.29$0.00$2.29$0.65$0.41$0.23
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.06$0.00$2.06$0.31
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Nov 12, 2025
Return Version
2024v5.0
Gross Receipts
$317,378
Mission and Program Overview

Mission

Raise funds from activities such as the portsmouth invitational tournament. Funds raised shall be given for charitable purposes to nonprofit community organizations & for scholarships to deserving student athletes graduating from local high schools.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$495,010$594,552▲ $99,542
Savings and Temporary Cash Investments$400,000$541,808▲ $141,808
Cash and Non-Interest-Bearing Accounts$95,010$52,744▼ $42,266
Total Assets$495,010$594,552▲ $99,542
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$495,010$594,552▲ $99,542
Total Liabilities and Net Assets / Fund Balance$495,010$594,552▲ $99,542
Compensation and Service Providers
Top Officer Pay73rd percentile

Board Members and Trustees

NameTitle
Michael MorrisChairman
Alyssa ScripterDirector
Clifton JonesDirector
Eddie HarrisDirector
Jack AnkersonDirector
John RoundDirector
Justin JacksonDirector
Michael BoydDirector
Randy CavinessDirector
Richard WentzDirector
Synthia GoodeDirector
Clifford SaylesCo-vice Chai
Terry BaronnerCo-vice Chai
Angela BoveeRecording Se
James StanleyTreasurer, C
Revenue and Support

Revenue Composition

Contributions and Grants
$25,000
Program Service Revenue
$272,599
Investment Income
$19,779
Other Revenue
$0
Change in Net Assets
$99,542
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$217,836
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$192,921--$192,921
Insurance$9,497--$9,497
Advertising$8,000--$8,000
Office Expenses$5,543--$5,543
Fees for Services Accounting-$1,875-$1,875
Total Functional Expenses$215,961$1,875$0$217,836
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7A

“The organization is governed by the board of directors comprised of no less than twelve members and no more than fifteen members. The board of directors is headed by a chairman and assisted by two vice-chairmen. The officers are elected by a majority vote of the board of directors. Committees are comprised of an unlimited number of volunteers that carry out the decisions of the board of directors.”

Form 990, Page 6, Part VI, Line 11B

“The tax return is reviewed by the chairman and treasurer before filing. The returnis discussed with the board of directors at a subsequent meeting.”

Form 990, Page 6, Part VI, Line 19

“The organization makes its governing documents available for public inspection upon request.”

Filing and Contact Details

Filer

Filer Name
Portsmouth Invitational Tournament
EIN
04-3650760
Phone
7576472270
Address
5606 GREENEFIELD DRIVE SOUTH, PORTSMOUTH, VA 23703

Signing Officer

Name
James Stanley
Title
Treasurer, Co-vice
Phone
7576472270
Signed
2025-11-12

Organization Details

Principal Officer
James Stanley
Formed
2002
Legal Domicile
Va
Voting Board Members
15
Independent Board Members
15
Employees
0

Preparer

Firm
E Clark & Company
Address
4012 RAINTREE ROAD SUITE 100B, CHESAPEAKE, VA 23321
Preparer
Elizabeth M Clark
Phone
7573932222
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Raise funds from activities such as the portsmouth invitational tournament. Funds raised shall be given for charitable purposes to nonprofit community organizations & for scholarships to deserving student athletes graduating from local high schools.”

Raw XML Appendix309 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/EmployeeCnt00
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IRS990/ExpenseAmt0215961
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
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IRS990/Form990PartVIISectionAGrp/TitleTxt10CO-VICE CHAI
IRS990/Form990PartVIISectionAGrp/TitleTxt11RECORDING SE
IRS990/Form990PartVIISectionAGrp/TitleTxt12CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt13CO-VICE CHAI
IRS990/Form990PartVIISectionAGrp/TitleTxt14TREASURER, C
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IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RAISE FUNDS FROM ACTIVITIES SUCH AS THE PORTSMOUTH INVITATIONAL TOURNAMENT. FUNDS RAISED SHALL BE GIVEN FOR CHARITABLE PURPOSES TO NONPROFIT COMMUNITY ORGANIZATIONS & FOR SCHOLARSHIPS TO DESERVING STUDENT ATHLETES GRADUATING FROM LOCAL HIGH SCHOOLS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION IS GOVERNED BY THE BOARD OF DIRECTORS COMPRISED OF NO LESS THAN TWELVE MEMBERS AND NO MORE THAN FIFTEEN MEMBERS. THE BOARD OF DIRECTORS IS HEADED BY A CHAIRMAN AND ASSISTED BY TWO VICE-CHAIRMEN. THE OFFICERS ARE ELECTED BY A MAJORITY VOTE OF THE BOARD OF DIRECTORS. COMMITTEES ARE COMPRISED OF AN UNLIMITED NUMBER OF VOLUNTEERS THAT CARRY OUT THE DECISIONS OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE TAX RETURN IS REVIEWED BY THE CHAIRMAN AND TREASURER BEFORE FILING. THE RETURNIS DISCUSSED WITH THE BOARD OF DIRECTORS AT A SUBSEQUENT MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0495010
IRS990/TotalAssetsEOYAmt0594552
IRS990/TotalAssetsGrp/BOYAmt0495010
IRS990/TotalAssetsGrp/EOYAmt0594552
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt025000
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01875
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0215961
IRS990/TotalFunctionalExpensesGrp/TotalAmt0217836
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0495010
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0594552
IRS990/TotalProgramServiceExpensesAmt0215961
IRS990/TotalProgramServiceRevenueAmt0272599
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0292378
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0317378
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0495010
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0594552
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt05606 GREENEFIELD DRVIE SOUTH
IRS990/USAddress/CityNm0PORTSMOUTH
IRS990/USAddress/StateAbbreviationCd0VA
IRS990/USAddress/ZIPCd023703
IRS990/VotingMembersGoverningBodyCnt015
IRS990/VotingMembersIndependentCnt015
IRS990/WebsiteAddressTxt0PORTSMOUTHINVITATIONAL.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JAMES STANLEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER, CO-VICE
ReturnHeader/BusinessOfficerGrp/PhoneNum07576472270
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PORTSMOUTH INVITATIONAL TOURNAMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOUNDATION INC C/O ROBERT STANLEY
ReturnHeader/Filer/BusinessNameControlTxt0PORT
ReturnHeader/Filer/EIN0043650760
ReturnHeader/Filer/PhoneNum07576472270
ReturnHeader/Filer/USAddress/AddressLine1Txt05606 GREENEFIELD DRIVE SOUTH
ReturnHeader/Filer/USAddress/CityNm0PORTSMOUTH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd023703
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0472215051
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0E CLARK & COMPANY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04012 RAINTREE ROAD SUITE 100B
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHESAPEAKE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd023321
ReturnHeader/PreparerPersonGrp/PhoneNum07573932222
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ELIZABETH M CLARK
ReturnHeader/ReturnTs02025-11-13T10:00:40-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

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