Liabilities / Assets
75th percentile
Higher debt load relative to assets than 75% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.08x
Liabilities / Revenue
88th percentile
Higher debt load relative to revenue than 88% of similar nonprofits.
Net Margin
4th percentile
Higher net margin than 4% of similar nonprofits.
Top Officer Pay
75th percentile
Higher top officer pay than 75% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
10th percentile
Faster asset growth than 10% of similar nonprofits.
Revenue Growth
4th percentile
Faster revenue growth than 4% of similar nonprofits.
Balance Sheet
Assets
Down$23,710
Down $18,307 (-44%) from 2014
Net Assets
Down$21,740
Down $9,775 (-31%) from 2014
Liabilities
Down$1,970
Down $8,532 (-81%) from 2014
Revenue And Expenses
Revenue
Down$7,875
Down $22,326 (-74%) from 2014
Expenses
Up$17,650
Up $4,049 (+30%) from 2014
Net Income
Down-$9,775
Down $26,375 (-159%) from 2014
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2015 to Dec 31, 2015
- Signed
- Jan 25, 2016
- Return Version
- 2015v2.1
- Gross Receipts
- $7,875
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. | - | $17,650 |
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 STE 201, PORTSMOUTH, VA 23704
Signing Officer
- Name
- Donald W Comer
- Title
- President
- Phone
- 7573978473
- Signed
- 2016-01-25
- 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, Line 16
“Expenses advertising 806 office supplies 130 insurance 1,362 program events 14,812 licenses and permits 40 total 17,150”
Form 990-ez, Part II, Line 24
“Accounts receivable 2,500 0 total 2,500 0”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 10,502 1,970”
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 Appendix128 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 | 39517 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 23710 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 7872 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -9775 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 500 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 42017 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 23710 |
| IRS990EZ/GrossReceiptsAmt | 0 | 7875 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 3 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 31515 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 21740 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 31515 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 21740 |
| 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/BOYAmt | 0 | 2500 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 17150 |
| 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/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | MARKET AND PROMOTE EVENTS WITHIN THE CITY OF PORTSMOUTH. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 17650 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 10502 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 1970 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 17650 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 17650 |
| IRS990EZ/TotalRevenueAmt | 0 | 7875 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 7872 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 30199 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 17282 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 17518 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 44308 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 117179 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 3 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 2 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 3 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 60 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 9 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 77 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.99930 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.99950 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 117179 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 7872 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 30199 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 17282 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 17518 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 44308 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 117179 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 117256 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES ADVERTISING 806 OFFICE SUPPLIES 130 INSURANCE 1,362 PROGRAM EVENTS 14,812 LICENSES AND PERMITS 40 TOTAL 17,150 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ACCOUNTS RECEIVABLE 2,500 0 TOTAL 2,500 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 10,502 1,970 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | 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, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2016-09-27 15:27:22Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | DONALD W COMER |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7573978473 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2016-01-25 |
| 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 STE 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 | 2016-01-30 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | KIMBERLY C PAINTER |
| ReturnHeader/ReturnTs | 0 | 2016-02-08T10:21:21-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2015-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2015-12-31 |
| ReturnHeader/TaxYr | 0 | 2015 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $23,710
- Liabilities
- $1,970
- Net assets
- $21,740
- Revenue
- $7,875
- Expenses
- $17,650
- Net income
- -$9,775