Civic Intelligence

Portuguese Sport Club Inc

EIN 06-6076273 • 501(c)7 • Waterbury, CT

Profile

To be the social and cultural club of choice in the waterbury community to promote and educate the community with the portuguese traditions, history and culture

1966 Baldwin StWaterbury, CT 06706

n/A

Siviq Scores

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

Liabilities / Assets

48th percentile

0.13x

Higher debt load relative to assets than 48% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

57th percentile

0.37x

Higher debt load relative to revenue than 57% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Source year 2024

Net Margin

11th percentile

-13%

Higher net margin than 11% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

80th percentile

$0

Higher top officer pay than 80% of similar nonprofits.

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

501(c)7 • $1M-$5M nonprofits • Source year 2024

Asset Growth

7th percentile

-13%

Faster asset growth than 7% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

17th percentile

-6.9%

Faster revenue growth than 17% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$1,189,618

Down $174,683 (-13%) from 2023

Liabilities

Up

$149,668

Up $4,348 (+3.0%) from 2023

Net Assets

Down

$1,039,950

Down $179,031 (-15%) from 2023

Revenue

Down

$407,699

Down $30,044 (-6.9%) from 2023

Expenses

Up

$459,196

Up $40,556 (+9.7%) from 2023

Net Income

Down

-$51,497

Down $70,600 (-370%) from 2023

Trend Graphs

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,229,270Liabilities 2011: $291,550Net Assets 2011: $937,7202011Assets 2012: $1,297,601Liabilities 2012: $272,941Net Assets 2012: $1,024,6602012Assets 2013: $1,301,150Liabilities 2013: $257,102Net Assets 2013: $1,044,0482013Assets 2014: $1,287,877Liabilities 2014: $239,644Net Assets 2014: $1,048,2332014Assets 2015: $1,305,102Liabilities 2015: $220,828Net Assets 2015: $1,084,2742015Assets 2016: $1,384,949Liabilities 2016: $213,413Net Assets 2016: $1,171,5362016Assets 2017: $1,377,807Liabilities 2017: $45,565Net Assets 2017: $1,332,2422017Assets 2018: $1,586,356Liabilities 2018: $17,313Net Assets 2018: $1,569,0432018Assets 2019: $1,774,349Liabilities 2019: $1,774Net Assets 2019: $1,772,5752019Assets 2020: $1,400,969Liabilities 2020: $207,477Net Assets 2020: $1,193,4922020Assets 2021: $1,440,511Liabilities 2021: $257,850Net Assets 2021: $1,182,6612021Assets 2022: $1,521,842Liabilities 2022: $143,590Net Assets 2022: $1,378,2522022Assets 2023: $1,364,301Liabilities 2023: $145,320Net Assets 2023: $1,218,9812023Assets 2024: $1,189,618Liabilities 2024: $149,668Net Assets 2024: $1,039,9502024

Highlighted filing

2024

Assets$1,189,618
Liabilities$149,668
Net Assets$1,039,950

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $173,0202011Expenses 2012: $156,1152012Revenue 2013: $209,015Expenses 2013: $189,627Net Income 2013: $19,3882013Revenue 2014: $195,302Expenses 2014: $191,117Net Income 2014: $4,1852014Revenue 2015: $346,986Expenses 2015: $310,945Net Income 2015: $36,0412015Revenue 2016: $384,334Expenses 2016: $297,072Net Income 2016: $87,2622016Revenue 2017: $445,882Expenses 2017: $285,176Net Income 2017: $160,7062017Revenue 2018: $544,477Expenses 2018: $307,676Net Income 2018: $236,8012018Revenue 2019: $503,529Expenses 2019: $299,997Net Income 2019: $203,5322019Revenue 2020: $254,513Expenses 2020: $244,292Net Income 2020: $10,2212020Revenue 2021: $352,267Expenses 2021: $332,473Net Income 2021: $19,7942021Revenue 2022: $485,714Expenses 2022: $375,259Net Income 2022: $110,4552022Revenue 2023: $437,743Expenses 2023: $418,640Net Income 2023: $19,1032023Revenue 2024: $407,699Expenses 2024: $459,196Net Income 2024: -$51,4972024

Highlighted filing

2024

Revenue$407,699
Expenses$459,196
Net Income-$51,497

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.19$0.15$1.04$0.41$0.46$0.05
2023Detailed filing. Detailed filing data is available for this year.$1.36$0.15$1.22$0.44$0.42$0.02
2022Detailed filing. Detailed filing data is available for this year.$1.52$0.14$1.38$0.49$0.38$0.11
2021Detailed filing. Detailed filing data is available for this year.$1.44$0.26$1.18$0.35$0.33$0.02
2020Detailed filing. Detailed filing data is available for this year.$1.40$0.21$1.19$0.25$0.24$0.01
2019Detailed filing. Detailed filing data is available for this year.$1.77$0.00$1.77$0.50$0.30$0.20
2018Detailed filing. Detailed filing data is available for this year.$1.59$0.02$1.57$0.54$0.31$0.24
2017Detailed filing. Detailed filing data is available for this year.$1.38$0.05$1.33$0.45$0.29$0.16
2016Detailed filing. Detailed filing data is available for this year.$1.38$0.21$1.17$0.38$0.30$0.09
2015Detailed filing. Detailed filing data is available for this year.$1.31$0.22$1.08$0.35$0.31$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.29$0.24$1.05$0.20$0.19$0.00
2013Detailed filing. Detailed filing data is available for this year.$1.30$0.26$1.04$0.21$0.19$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.30$0.27$1.02$0.16
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.23$0.29$0.94$0.17
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 22, 2025
Return Version
2024v5.2
Gross Receipts
$1,296,585
Mission and Program Overview

Mission

To promote cultural events and provide social and informational services to its members for a better community.

To be the social and cultural club of choice in the waterbury community to promote and educate the community with the portuguese traditions, history and culture

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,218,981$1,039,950▼ $179,031
Land, Buildings, and Equipment, Net$1,002,073$965,839▼ $36,234
Savings and Temporary Cash Investments$264,941$150,631▼ $114,310
Inventories for Sale or Use$40,914$56,740▲ $15,826
Cash and Non-Interest-Bearing Accounts$56,373$16,408▼ $39,965
Prepaid Expenses and Deferred Charges$0--
Total Assets$1,364,301$1,189,618▼ $174,683
Liabilities
Mortgage Notes Payable Secured by Investment Property$139,744$139,744→ $0
Accounts Payable and Accrued Expenses$5,576$9,924▲ $4,348
Total Liabilities$145,320$149,668▲ $4,348
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,218,981$1,039,950▼ $179,031
Total Liabilities and Net Assets / Fund Balance$1,364,301$1,189,618▼ $174,683

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$469,224$524,132-
Land$486,485--
Equipment$10,130$113,269-
Compensation and Service Providers

Board Members and Trustees

NameTitle
R DesousaPresident
S TeixeiraVice President
Fernando DiasDirector
Januario MagalhaesDirector
Manuel SilvaDirector
Silverio CabralPermitee
Maria Jose MonteiroTreas./secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$56,359
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$351,340
Change in Net Assets
$-51,497
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$397,208
Salaries, Compensation, and Employee Benefits$61,988
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$0$0$0$134,316
Other Salaries and Wages$0$0$0$53,760
Depreciation Depletion$0$0$0$34,333
Insurance$0$0$0$33,460
Fees for Services Other$0$0$0$18,706
Office Expenses$0$0$0$15,600
All Other Expenses$0$0$0$12,000
Payroll Taxes$0$0$0$8,228
Other Expenses$0$0$0$8,000
Interest$0$0$0$4,000
Advertising$0$0$0$3,251
Information Technology$0$0$0$3,250
Total Functional Expenses$0$0$0$459,196
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$63,986
Fundraising Direct Expenses$40,574
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Festivals$32,811$32,811$1,757$31,054
Thursday Night Dinners$31,175$31,175$2,040$29,135
Total Events$63,986$63,986$40,574$23,412
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
Backup withholding compliance
Yes
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
Filing and Contact Details

Filer

Filer Name
Portuguese Sport Club Inc
EIN
06-6076273
Phone
2035749045
Address
1966 BALDWIN ST, WATERBURY, CT 06706
Doing Business As
Portuguese Sport Club Inc

Signing Officer

Name
Shawn Teixeira
Title
VP
Phone
2035749045
Signed
2025-10-22
Discuss with paid preparer
Yes

Organization Details

Formed
1929
Legal Domicile
Ct
Voting Board Members
7
Independent Board Members
7
Employees
5
Volunteers
20

Preparer

Firm
John Pinho
Address
26 CHURCH STREET, NAUGATUCK, CT 06770
Preparer
John Pinho
Phone
2037231615
Supplemental Narrative

Additional Explanations

Pt VI, Line 19

Financials are posted on the board and meeting minutes , etc are available upon request

Pt VI, Line 11B

It is posted on the board, gone over in the monthly meeting and a copy available to be made upon request.

Pt VI, Line 6

MEMBERS ONLY

Pt VI, Line 7A

Members vote on governing body members

Pt VI, Line 7B

Members vote on major expenditures and non day to day operation based on bylaws.

Raw XML Appendix386 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.

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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0JOSE GONCALVES
IRS990/PriorPeriodAdjustmentsAmt0-127534
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt034110
IRS990/PYOtherExpensesAmt0353030
IRS990/PYOtherRevenueAmt0403633
IRS990/PYRevenuesLessExpensesAmt019103
IRS990/PYSalariesCompEmpBnftPaidAmt065610
IRS990/PYTotalExpensesAmt0418640
IRS990/PYTotalRevenueAmt0437743
IRS990/ReconcilationRevenueExpnssAmt0-51497
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt067209
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01218981
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01039950
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0264941
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0150631
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0469224
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0524132
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0993356
IRS990ScheduleD/EquipmentGrp/BookValueAmt010130
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0113269
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0123399
IRS990ScheduleD/LandGrp/BookValueAmt0486485
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0486485
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0965839
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt040574
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt03900
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent2Amt01000
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt04900
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Festivals
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0THURSDAY NIGHT DINNERS
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt012282
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt011658
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt023940
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt032811
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt031175
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt063986
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt032811
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt031175
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt063986
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt023412
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt01100
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt01100
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt03797
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01757
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt02040
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt02876
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt03961
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt06837
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FINANCIALS ARE POSTED ON THE BOARD AND MEETING MINUTES , ETC ARE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IT IS POSTED ON THE BOARD, GONE OVER IN THE MONTHLY MEETING AND A COPY AVAILABLE TO BE MADE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS ONLY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MEMBERS VOTE ON GOVERNING BODY MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MEMBERS VOTE ON MAJOR EXPENDITURES AND NON DAY TO DAY OPERATION BASED ON BYLAWS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 7b
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IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01364301
IRS990/TotalAssetsEOYAmt01189618
IRS990/TotalAssetsGrp/BOYAmt01364301
IRS990/TotalAssetsGrp/EOYAmt01189618
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt056359
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0459196
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0145320
IRS990/TotalLiabilitiesEOYAmt0149668
IRS990/TotalLiabilitiesGrp/BOYAmt0145320
IRS990/TotalLiabilitiesGrp/EOYAmt0149668
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01218981
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01039950
IRS990/TotalRevenueGrp/ExclusionAmt023412
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0327928
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0407699
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01364301
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01189618
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01966 BALDWIN ST
IRS990/USAddress/CityNm0WATERBURY
IRS990/USAddress/StateAbbreviationCd0CT
IRS990/USAddress/ZIPCd006706
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SHAWN TEIXEIRA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VP
ReturnHeader/BusinessOfficerGrp/PhoneNum02035749045
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PORTUGUESE SPORT CLUB INC
ReturnHeader/Filer/BusinessNameControlTxt0PORT
ReturnHeader/Filer/EIN0066076273
ReturnHeader/Filer/PhoneNum02035749045
ReturnHeader/Filer/USAddress/AddressLine1Txt01966 BALDWIN ST
ReturnHeader/Filer/USAddress/CityNm0WATERBURY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd006706
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0044468516
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JOHN PINHO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt026 CHURCH STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NAUGATUCK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd006770
ReturnHeader/PreparerPersonGrp/PhoneNum02037231615
ReturnHeader/PreparerPersonGrp/PreparationDt02025-10-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN PINHO
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-10-25T10:42:50-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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