Civic Intelligence

Porter Foundation Inc

990 • Fiscal year 2014 • EIN 11-3155440

Jan 01, 2014 to Dec 31, 2014 • Filed on May 11, 2015

Organization Profile
278 Clinton AvenueBrooklyn, NY 11205

(718) 789-5284

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

85th percentile

0.52x

Higher debt load relative to assets than 85% of similar nonprofits.

2014 filings • NTEE A • <$500k nonprofits • Source year 2014

Liabilities / Revenue

99th percentile

11.76x

Higher debt load relative to revenue than 99% of similar nonprofits.

2014 filings • NTEE A • <$500k nonprofits • Source year 2014

Net Margin

9th percentile

-41%

Higher net margin than 9% of similar nonprofits.

2014 filings • NTEE A • <$500k nonprofits • Source year 2014

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

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

2014 filings • NTEE A • <$500k nonprofits • Source year 2014

Asset Growth

62nd percentile

11%

Faster asset growth than 62% of similar nonprofits.

2014 filings • NTEE A • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

25th percentile

-19%

Faster revenue growth than 25% of similar nonprofits.

2014 filings • NTEE A • <$500k nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets85th percentile

Assets

Up

$390,418

Up $40,023 (+11%) from 2013

Net Assets

Down

$186,688

Down $7,076 (-3.7%) from 2013

Liabilities

Up

$203,730

Up $47,099 (+30%) from 2013

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin9th percentile

Revenue

Down

$17,323

Down $3,997 (-19%) from 2013

Expenses

Down

$24,399

Down $3,140 (-11%) from 2013

Net Income

Down

-$7,076

Down $857 (-14%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth62nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0Assets 2011: $947,487Liabilities 2011: $805,484Net Assets 2011: $142,0032011Assets 2012: $232,804Liabilities 2012: $32,821Net Assets 2012: $199,9832012Assets 2013: $350,395Liabilities 2013: $156,631Net Assets 2013: $193,7642013Assets 2014: $390,418Liabilities 2014: $203,730Net Assets 2014: $186,6882014Assets 2015: $381,683Liabilities 2015: $201,930Net Assets 2015: $179,7532015Assets 2016: $367,592Liabilities 2016: $197,041Net Assets 2016: $170,5512016Assets 2017: $367,372Liabilities 2017: $188,973Net Assets 2017: $178,3992017Assets 2018: $360,537Liabilities 2018: $176,358Net Assets 2018: $184,1792018Assets 2019: $358,740Liabilities 2019: $163,055Net Assets 2019: $195,6852019

Highlighted filing

2014

Assets$390,418
Liabilities$203,730
Net Assets$186,688
Open 2014 Filing

Operations Trend

Revenue Growth25th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$300K$200K$100K$0-$100KRevenue 2011: $75,767Expenses 2011: $80,238Net Income 2011: -$4,4712011Expenses 2012: $329,5832012Revenue 2013: $21,320Expenses 2013: $27,539Net Income 2013: -$6,2192013Revenue 2014: $17,323Expenses 2014: $24,399Net Income 2014: -$7,0762014Revenue 2015: $62,535Expenses 2015: $69,470Net Income 2015: -$6,9352015Revenue 2016: $31,215Expenses 2016: $40,417Net Income 2016: -$9,2022016Revenue 2017: $50,460Expenses 2017: $42,612Net Income 2017: $7,8482017Revenue 2018: $59,715Expenses 2018: $53,935Net Income 2018: $5,7802018Revenue 2019: $41,941Expenses 2019: $30,435Net Income 2019: $11,5062019

Highlighted filing

2014

Revenue$17,323
Expenses$24,399
Net Income-$7,076
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 11, 2015
Return Version
2014v5.0
Gross Receipts
$17,323
Mission and Program Overview

Mission

Provides scholarships to students in need. During 2012, 15 recepients were awarded a total of $15,000 and were acknowledge in a special function.

Provides scholarships to students in need. During 2014, 13 recepients were awarded a total of $13,000 and were acknowledge in a special function.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pd in Cap Srpls Land Bldg Eqp Fund$350,000$350,000→ $0
Investments Other Securities-$203,573-
Loans From Officers Directors$123,810$170,909▲ $47,099
Savings and Temporary Cash Investments$125,000--
Accounts Receivable$12,000$12,000→ $0
Cash and Non-Interest-Bearing Accounts$-161$1,609▲ $1,770
Rtn Earn Endowment Incm Other Fnds$-156,236$-163,312▼ $7,076
Total Assets$350,395$390,418▲ $40,023
Other Assets Total$213,556$173,236▼ $40,320
Liabilities
Other Liabilities$32,821$32,821→ $0
Total Liabilities$156,631$203,730▲ $47,099
Net Assets / Fund Balance
Total Net Assets Fund Balance$193,764$186,688▼ $7,076
Total Liabilities and Net Assets / Fund Balance$350,395$390,418▲ $40,023

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$173,236--
Other Securities$203,573--
Compensation and Service Providers
Top Officer Pay70th percentile

Board Members and Trustees

NameTitle
Alfred PorterPresident
Doris PorterVice President
Alfred Porter JrFinancial Secretary
Keisha SpiveySecretary
Sean PorterTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$12,450
Program Service Revenue
$0
Investment Income
$4,873
Other Revenue
$0
Change in Net Assets
$-7,076
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$24,399
Total Fundraising Expense$1,550
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$13,000$1,200-$13,000
Fees for Services Accounting-$2,650-$2,650
Advertising$150-$1,550$1,700
Fees for Service Investment Mgmnt Fees$1,261--$1,261
All Other Expenses-$715-$715
Total Functional Expenses$14,496$8,353$1,550$24,399
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
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$123,810$170,909▲ $47,099
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Adas Inc$32,821
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Officer directors etc family relationship Part VI line 2

“The president and vice president are husband and wife whose sons are the treasurer and financial secretary”

Form 990 governing body review Part VI line 11

“A copy of form 990 was given to all members of the governing body before filing”

Conflict of interest policy compliance Part VI line 12C

“At annual meeting all officers are required to disclosed interests that can give rise to conflicts”

CEO executive director top management comp Part VI line 15A

“aS A RESULT OF FUNDS AVALABILITY, NO COMPENSATION IS OFFERED TO OFFICERS”

Other officer or key employee compensation Part VI line 15B

“As a result of avalable funds, no compensation is offered to other officers”

Governing documents etc available to public Part VI line 19

“The governing documents, conflict of interest policy and financial statements avalability is opened to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Porter Foundation Inc
EIN
11-3155440
Address
278 CLINTON AVENUE, Brooklyn, NY 11205

Signing Officer

Name
Doris Porter
Title
President
Phone
7187895284
Signed
2015-05-11
Discuss with paid preparer
Yes

Organization Details

Formed
1991
Legal Domicile
Ny
Voting Board Members
11
Independent Board Members
6
Employees
0

Preparer

Firm
David N Skeete CPA
Address
162 East 49th Street, Brooklyn, NY 11203
Preparer
David Skeete
Phone
7187785064
Supplemental Narrative

Additional Explanations

List of other expenses Part IX line 24E

“Professional fees 1500utilities 9885miscellaneous 4”

Raw XML Appendix350 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsReceivableGrp/BOYAmt012000
IRS990/AccountsReceivableGrp/EOYAmt012000
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PROVIDES SCHOLARSHIPS TO STUDENTS IN NEED. DURING 2014, 13 RECEPIENTS WERE AWARDED A TOTAL OF $13,000 AND WERE ACKNOWLEDGE IN A SPECIAL FUNCTION.
IRS990/AdvertisingGrp/FundraisingAmt01550
IRS990/AdvertisingGrp/ProgramServicesAmt0150
IRS990/AdvertisingGrp/TotalAmt01700
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0715
IRS990/AllOtherExpensesGrp/TotalAmt0715
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0DORIS PORTER
IRS990/BooksInCareOfDetail/PhoneNum07187895284
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01428 FULTON STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0Brooklyn
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd011216
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0-161
IRS990/CashNonInterestBearingGrp/EOYAmt01609
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContriRptFundraisingEventAmt01250
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt012450
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt04873
IRS990/CYOtherExpensesAmt024399
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-7076
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt024399
IRS990/CYTotalFundraisingExpenseAmt01550
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt017323
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0DURING 2014, 13 RECEPIENTS WERE AWARDED SCHOLARSHIPS TOTALLING $13,000 AND WERE ACKNOWLEDGED IN A SPECIAL FUNCTION
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt014496
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt02650
IRS990/FeesForServicesAccountingGrp/TotalAmt02650
IRS990/FeesForSrvcInvstMgmntFeesGrp/ProgramServicesAmt01261
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt01261
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt310.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0ALFRED PORTER
IRS990/Form990PartVIISectionAGrp/PersonNm1DORIS PORTER
IRS990/Form990PartVIISectionAGrp/PersonNm2KEISHA SPIVEY
IRS990/Form990PartVIISectionAGrp/PersonNm3SEAN PORTER
IRS990/Form990PartVIISectionAGrp/PersonNm4ALFRED PORTER JR
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4FINANCIAL SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01991
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingAmt01250
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt017323
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt04873
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt04873
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0203573
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd0true
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt0123810
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt0170909
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt011200
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROVIDES SCHOLARSHIPS TO STUDENTS IN NEED. DURING 2014, 13 RECEPIENTS WERE AWARDED A TOTAL OF $13,000 AND WERE ACKNOWLEDGE IN A SPECIAL FUNCTION.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0193764
IRS990/NetAssetsOrFundBalancesEOYAmt0186688
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0213556
IRS990/OtherAssetsTotalGrp/EOYAmt0173236
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0BANK CHARGES
IRS990/OtherExpensesGrp/Desc1FEDERAL TAX ASSESSMENT
IRS990/OtherExpensesGrp/Desc2DONATION
IRS990/OtherExpensesGrp/Desc3SCHOLARSHIPS & AWARDS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03788
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11200
IRS990/OtherExpensesGrp/ProgramServicesAmt085
IRS990/OtherExpensesGrp/ProgramServicesAmt113000
IRS990/OtherExpensesGrp/TotalAmt085
IRS990/OtherExpensesGrp/TotalAmt13788
IRS990/OtherExpensesGrp/TotalAmt21200
IRS990/OtherExpensesGrp/TotalAmt313000
IRS990/OtherLiabilitiesGrp/BOYAmt032821
IRS990/OtherLiabilitiesGrp/EOYAmt032821
IRS990/PartialLiquidationInd0false
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt0350000
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt0350000
IRS990/PoliticalCampaignActyInd0false
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt021320
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt027539
IRS990/PYRevenuesLessExpensesAmt0-6219
IRS990/PYTotalExpensesAmt027539
IRS990/PYTotalRevenueAmt021320
IRS990/ReconcilationRevenueExpnssAmt0-7076
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt012450
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-156236
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0-163312
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0125000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt012450
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt021320
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt032400
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt065107
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt022665
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0153942
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0153942
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt012450
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt021320
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt032400
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt065107
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt022665
IRS990ScheduleA/Total509Grp/TotalAmt0153942
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt012450
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt021320
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt032400
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt065107
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt022665
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0153942
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0173236
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM PORTER HOLDINGS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt032821
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO ADAS INC
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0203573
IRS990ScheduleD/OtherSecuritiesGrp/Desc0MARKETABLE SECURITIES
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0173236
IRS990ScheduleD/TotalBookValueSecuritiesAmt0203573
IRS990ScheduleD/TotalLiabilityAmt032821
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt095909
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt175000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0PERSONAL
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1PERSONAL
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt083391
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt1100000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0ALFRED PORTER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1SEAN PORTER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0OFFICER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1OFFICER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd1true
IRS990ScheduleL/TotalBalanceDueAmt0170909
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PRESIDENT AND VICE PRESIDENT ARE HUSBAND AND WIFE WHOSE SONS ARE THE TREASURER AND FINANCIAL SECRETARY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF FORM 990 WAS GIVEN TO ALL MEMBERS OF THE GOVERNING BODY BEFORE FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AT ANNUAL MEETING ALL OFFICERS ARE REQUIRED TO DISCLOSED INTERESTS THAT CAN GIVE RISE TO CONFLICTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3aS A RESULT OF FUNDS AVALABILITY, NO COMPENSATION IS OFFERED TO OFFICERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AS A RESULT OF AVALABLE FUNDS, NO COMPENSATION IS OFFERED TO OTHER OFFICERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVALABILITY IS OPENED TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PROFESSIONAL FEES 1500UTILITIES 9885MISCELLANEOUS 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Officer directors etc family relationship Part VI line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6List of other expenses Part IX line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0350395
IRS990/TotalAssetsEOYAmt0390418
IRS990/TotalAssetsGrp/BOYAmt0350395
IRS990/TotalAssetsGrp/EOYAmt0390418
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt012450
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt01550
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt08353
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt014496
IRS990/TotalFunctionalExpensesGrp/TotalAmt024399
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0156631
IRS990/TotalLiabilitiesEOYAmt0203730
IRS990/TotalLiabilitiesGrp/BOYAmt0156631
IRS990/TotalLiabilitiesGrp/EOYAmt0203730
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0193764
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0186688
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt014496
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt04873
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt017323
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0350395
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0390418
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt06
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DORIS PORTER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07187895284
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-05-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PORTER FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0PORT
ReturnHeader/Filer/EIN0113155440
ReturnHeader/Filer/USAddress/AddressLine1Txt0278 CLINTON AVENUE
ReturnHeader/Filer/USAddress/CityNm0Brooklyn
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011205
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0113348265
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0David N Skeete CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0162 East 49th Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Brooklyn
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011203
ReturnHeader/PreparerPersonGrp/PhoneNum07187785064
ReturnHeader/PreparerPersonGrp/PreparationDt02015-08-19
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0David Skeete
ReturnHeader/ReturnTs02015-08-19T20:28:29-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$390,418
Liabilities
$203,730
Net assets
$186,688
Revenue
$17,323
Expenses
$24,399
Net income
-$7,076
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2019Detailed filing. Detailed filing data is available for this year.$3.59$1.63$1.96$0.42$0.30$0.12
2018Detailed filing. Detailed filing data is available for this year.$3.61$1.76$1.84$0.60$0.54$0.06
2017Detailed filing. Detailed filing data is available for this year.$3.67$1.89$1.78$0.50$0.43$0.08
2016Detailed filing. Detailed filing data is available for this year.$3.68$1.97$1.71$0.31$0.40$0.09
2015Detailed filing. Detailed filing data is available for this year.$3.82$2.02$1.80$0.63$0.69$0.07
2014Detailed filing. Detailed filing data is available for this year.$3.90$2.04$1.87$0.17$0.24$0.07
2013Detailed filing. Detailed filing data is available for this year.$3.50$1.57$1.94$0.21$0.28$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.33$0.33$2.00$3.30
2011Summary only. Only limited summary data is available for this year.$9.47$8.05$1.42$0.76$0.80$0.04