Liabilities / Assets
83rd percentile
Higher debt load relative to assets than 83% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.25x
Liabilities / Revenue
90th percentile
Higher debt load relative to revenue than 90% of similar nonprofits.
Net Margin
93rd percentile
Higher net margin than 93% of similar nonprofits.
Top Officer Pay
74th percentile
Higher top officer pay than 74% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
94th percentile
Faster asset growth than 94% of similar nonprofits.
Revenue Growth
90th percentile
Faster revenue growth than 90% of similar nonprofits.
Balance Sheet
Assets
Up$42,017
Up $27,102 (+182%) from 2013
Net Assets
Up$31,515
Up $16,600 (+111%) from 2013
Liabilities
$10,502
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
Up$30,201
Up $12,916 (+75%) from 2013
Expenses
Down$13,601
Down $1,711 (-11%) from 2013
Net Income
Up$16,600
Up $14,627 (+741%) from 2013
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2014 to Dec 31, 2014
- Signed
- Jan 24, 2015
- Return Version
- 2014v5.0
- Gross Receipts
- $30,201
Mission and Program Overview
Mission
The organization's mission is to help put "feet on the street" in portsmouth, particularly its olde towne district, through the production and support of events and activities that will attract both current and new visitors to olde towne. Portsevents wishes to reverse the negative image of portsmouth held by many in the region and beyond, to partner from time to time with other organizations who share a similar mission, and to build a reputation for portsmouth as a safe, fun and exiting place for people all ages to live, work and play.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| MARKET AND PROMOTE EVENTS WITHIN THE CITY OF PORTSMOUTH. | - | $13,601 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| DONALD W COMER | President | - | $0 | - | - |
| DAVID R TYNCH | Vice Pres/Se | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Portsevents Inc
- EIN
- 26-4407877
- Phone
- 7573913123
- Address
- 200 HIGH STREET, ROOM/SUITE 201, PORTSMOUTH, VA 23704
Signing Officer
- Name
- Don Comer
- Title
- Director
- Phone
- 7573913123
- Signed
- 2015-01-24
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Barnes Brock Cornwell & Painter Plc
- Address
- 908 EDEN WAY N STE 201, CHESAPEAKE, VA 23320-2640
- Preparer
- Kimberly C Painter
- Phone
- 7579615017
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I
“Other revenue represents the refund that is due to the organization for taxes that were paid while the nonprofit status was pending approval.”
Form 990-ez, Part I, Line 16
“Expenses advertising 463 insurance 1,585 program events 10,391 total 12,439”
Form 990-ez, Part II, Line 24
“Accounts receivable 0 2,500 total 0 2,500”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 0 10,502”
Form 990-ez, Part III
“The organization's mission is to help put "feet on the street" in portsmouth, particularly its olde towne district, through the production and support of events and activities that will attract both current and new visitors to olde towne. Portsevents wishes to reverse the negative image of portsmouth held by many in the region and beyond, to partner from time to time with other organizations who share a similar mission, and to build a reputation for portsmouth as a safe, fun and exiting place for people all ages to live, work and play.”
Raw XML Appendix131 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | ORGANIZATION |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 7573911323 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 200 HIGH STREET STE 201 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | PORTSMOUTH |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | VA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 23704 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 14915 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 39517 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 30199 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 16600 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 526 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 14915 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 42017 |
| IRS990EZ/GrossReceiptsAmt | 0 | 30201 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 2 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 14915 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 31515 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 14915 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 31515 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 3.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 3.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | DONALD W COMER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | DAVID R TYNCH |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE PRES/SE |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 2500 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 12439 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE ORGANIZATION'S MISSION IS TO HELP PUT "FEET ON THE STREET" IN PORTSMOUTH, PARTICULARLY ITS OLDE TOWNE DISTRICT, THROUGH THE PRODUCTION AND SUPPORT OF EVENTS AND ACTIVITIES THAT WILL ATTRACT BOTH CURRENT AND NEW VISITORS TO OLDE TOWNE. PORTSEVENTS WISHES TO REVERSE THE NEGATIVE IMAGE OF PORTSMOUTH HELD BY MANY IN THE REGION AND BEYOND, TO PARTNER FROM TIME TO TIME WITH OTHER ORGANIZATIONS WHO SHARE A SIMILAR MISSION, AND TO BUILD A REPUTATION FOR PORTSMOUTH AS A SAFE, FUN AND EXITING PLACE FOR PEOPLE ALL AGES TO LIVE, WORK AND PLAY. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 636 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | MARKET AND PROMOTE EVENTS WITHIN THE CITY OF PORTSMOUTH. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 13601 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 10502 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 13601 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 13601 |
| IRS990EZ/TotalRevenueAmt | 0 | 30201 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 30199 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 17282 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 17518 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 44308 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 60278 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 169585 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 2 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 3 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 60 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 9 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 10 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 84 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.99950 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.99950 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 169585 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 30199 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 17282 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 17518 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 44308 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 60278 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 169585 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 169669 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | OTHER REVENUE REPRESENTS THE REFUND THAT IS DUE TO THE ORGANIZATION FOR TAXES THAT WERE PAID WHILE THE NONPROFIT STATUS WAS PENDING APPROVAL. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EXPENSES ADVERTISING 463 INSURANCE 1,585 PROGRAM EVENTS 10,391 TOTAL 12,439 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS RECEIVABLE 0 2,500 TOTAL 0 2,500 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 10,502 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE ORGANIZATION'S MISSION IS TO HELP PUT "FEET ON THE STREET" IN PORTSMOUTH, PARTICULARLY ITS OLDE TOWNE DISTRICT, THROUGH THE PRODUCTION AND SUPPORT OF EVENTS AND ACTIVITIES THAT WILL ATTRACT BOTH CURRENT AND NEW VISITORS TO OLDE TOWNE. PORTSEVENTS WISHES TO REVERSE THE NEGATIVE IMAGE OF PORTSMOUTH HELD BY MANY IN THE REGION AND BEYOND, TO PARTNER FROM TIME TO TIME WITH OTHER ORGANIZATIONS WHO SHARE A SIMILAR MISSION, AND TO BUILD A REPUTATION FOR PORTSMOUTH AS A SAFE, FUN AND EXITING PLACE FOR PEOPLE ALL AGES TO LIVE, WORK AND PLAY. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2016-03-07 17:11:31Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | DON COMER |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7573913123 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2015-01-24 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | PORTSEVENTS INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | PORT |
| ReturnHeader/Filer/EIN | 0 | 264407877 |
| ReturnHeader/Filer/PhoneNum | 0 | 7573913123 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 200 HIGH STREET |
| ReturnHeader/Filer/USAddress/AddressLine2Txt | 0 | ROOM/SUITE 201 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | PORTSMOUTH |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | VA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 23704 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 200221868 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | BARNES BROCK CORNWELL & PAINTER PLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 908 EDEN WAY N STE 201 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | CHESAPEAKE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | VA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 233202640 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7579615017 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2015-02-24 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | KIMBERLY C PAINTER |
| ReturnHeader/ReturnTs | 0 | 2015-04-29T15:17:42-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2014-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2014-12-31 |
| ReturnHeader/TaxYr | 0 | 2014 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $42,017
- Liabilities
- $10,502
- Net assets
- $31,515
- Revenue
- $30,201
- Expenses
- $13,601
- Net income
- $16,600