Civic Intelligence

Portsevents Inc

990EZ • Fiscal year 2016 • EIN 26-4407877

Jan 01, 2016 to Dec 31, 2016 • Filed on Jan 26, 2017

200 High St Ste 201Portsmouth, VA 23704

(757) 391-3123

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2016

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2016

Net Margin

9th percentile

-41%

Higher net margin than 9% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

15th percentile

-29%

Faster asset growth than 15% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

87th percentile

55%

Faster revenue growth than 87% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$16,739

Down $6,971 (-29%) from 2015

Net Assets

Down

$16,739

Down $5,001 (-23%) from 2015

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$12,203

Up $4,328 (+55%) from 2015

Expenses

Down

$17,204

Down $446 (-2.5%) from 2015

Net Income

Up

-$5,001

Up $4,774 (+49%) from 2015

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2011: $19,692Net Assets 2011: $19,6922011Assets 2012: $12,942Net Assets 2012: $12,9422012Assets 2013: $14,915Net Assets 2013: $14,9152013Assets 2014: $42,017Liabilities 2014: $10,502Net Assets 2014: $31,5152014Assets 2015: $23,710Liabilities 2015: $1,970Net Assets 2015: $21,7402015Assets 2016: $16,739Net Assets 2016: $16,7392016Assets 2017: $23,324Net Assets 2017: $23,3242017Assets 2018: $21,464Liabilities 2018: $3,000Net Assets 2018: $18,4642018Assets 2019: $25,858Net Assets 2019: $25,8582019Assets 2020: $35,174Net Assets 2020: $35,1742020Assets 2021: $12,984Net Assets 2021: $12,9842021Assets 2022: $9,428Net Assets 2022: $9,4282022Assets 2023: $8,830Net Assets 2023: $8,8302023Assets 2024: $8,500Net Assets 2024: $8,5002024Assets 2025: $9,128Net Assets 2025: $9,1282025

Highlighted filing

2016

Assets$16,739
Liabilities-
Net Assets$16,739

Operations Trend

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

$100K$50K$0-$50KRevenue 2011: $45,512Expenses 2011: $30,287Net Income 2011: $15,2252011Revenue 2012: $17,578Expenses 2012: $24,328Net Income 2012: -$6,7502012Revenue 2013: $17,285Expenses 2013: $15,312Net Income 2013: $1,9732013Revenue 2014: $30,201Expenses 2014: $13,601Net Income 2014: $16,6002014Revenue 2015: $7,875Expenses 2015: $17,650Net Income 2015: -$9,7752015Revenue 2016: $12,203Expenses 2016: $17,204Net Income 2016: -$5,0012016Revenue 2017: $38,664Expenses 2017: $32,079Net Income 2017: $6,5852017Revenue 2018: $41,641Expenses 2018: $46,501Net Income 2018: -$4,8602018Revenue 2019: $73,973Expenses 2019: $66,579Net Income 2019: $7,3942019Revenue 2020: $15,497Expenses 2020: $6,180Net Income 2020: $9,3172020Revenue 2021: $18,105Expenses 2021: $25,295Net Income 2021: -$7,1902021Revenue 2022: $633Expenses 2022: $4,190Net Income 2022: -$3,5572022Revenue 2023: $315Expenses 2023: $914Net Income 2023: -$5992023Revenue 2024: $1Expenses 2024: $331Net Income 2024: -$3302024Revenue 2025: $56,759Expenses 2025: $56,130Net Income 2025: $6292025

Highlighted filing

2016

Revenue$12,203
Expenses$17,204
Net Income-$5,001
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jan 26, 2017
Return Version
2016v3.0
Gross Receipts
$12,203
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

DescriptionGrantsExpenses
MARKET AND PROMOTE EVENTS WITHIN THE CITY OF PORTSMOUTH.-$17,204
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DONALD W COMERPresident-$0--
DAVID R TYNCHVice Pres/Se-$0--
Filing and Contact Details

Filer

Filer Name
Portsevents Inc
EIN
26-4407877
Phone
7573913123
Address
200 HIGH ST STE 201, PORTSMOUTH, VA 23704

Signing Officer

Name
Donald W Comer
Title
President
Phone
7573978473
Signed
2017-01-26
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 1,537 insurance 1,363 program events 13,637 licenses and permits 67 total 16,604

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 1,970 0

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 Appendix126 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0ORGANIZATION
IRS990EZ/BooksInCareOfDetail/PhoneNum07573911323
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0200 HIGH STREET STE 201
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0PORTSMOUTH
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd023704
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt023710
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt016739
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt012201
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-5001
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0600
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt023710
IRS990EZ/Form990TotalAssetsGrp/EOYAmt016739
IRS990EZ/GrossReceiptsAmt012203
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt02
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt021740
IRS990EZ/NetAssetsOrFundBalancesEOYAmt016739
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt021740
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt016739
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt03.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt13.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DONALD W COMER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DAVID R TYNCH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRES/SE
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt016604
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE 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/DescriptionProgramSrvcAccomTxt0MARKET AND PROMOTE EVENTS WITHIN THE CITY OF PORTSMOUTH.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt017204
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt01970
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt017204
IRS990EZ/TotalProgramServiceExpensesAmt017204
IRS990EZ/TotalRevenueAmt012203
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt012201
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt07872
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt030199
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt017282
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt017518
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt085072
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt02
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt03
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt03
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt060
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt070
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99920
IRS990ScheduleA/PublicSupportPY170Pct00.99930
IRS990ScheduleA/PublicSupportTotal170Amt085072
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt012201
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt07872
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt030199
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt017282
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt017518
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt085072
IRS990ScheduleA/TotalSupportAmt085142
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING 1,537 INSURANCE 1,363 PROGRAM EVENTS 13,637 LICENSES AND PERMITS 67 TOTAL 16,604
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS PAYABLE AND ACCRUED EXPENSES 1,970 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE 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/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DONALD W COMER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07573978473
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-01-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PORTSEVENTS INC
ReturnHeader/Filer/BusinessNameControlTxt0PORT
ReturnHeader/Filer/EIN0264407877
ReturnHeader/Filer/PhoneNum07573913123
ReturnHeader/Filer/USAddress/AddressLine1Txt0200 HIGH ST STE 201
ReturnHeader/Filer/USAddress/CityNm0PORTSMOUTH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd023704
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId07F96481C5B530990C7F638757D70C235DB316E18
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0D51795C1AF96A5AFCB19896A9CFBB9872EBCF114
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0200221868
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BARNES BROCK CORNWELL & PAINTER PLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0908 EDEN WAY N STE 201
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHESAPEAKE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0233202640
ReturnHeader/PreparerPersonGrp/PhoneNum07579615017
ReturnHeader/PreparerPersonGrp/PreparationDt02017-02-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KIMBERLY C PAINTER
ReturnHeader/ReturnTs02017-03-24T20:15:49+00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$9.13$9.13$56.8$56.1$0.63
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.50$8.50$0.00$0.33$0.33
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.83$8.83$0.32$0.91$0.60
2022Detailed filing. Detailed filing data is available for this year.$9.43$9.43$0.63$4.19$3.56
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.0$13.0$18.1$25.3$7.19
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$35.2$35.2$15.5$6.18$9.32
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$25.9$25.9$74.0$66.6$7.39
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.5$3.00$18.5$41.6$46.5$4.86
2017Detailed filing. Detailed filing data is available for this year.$23.3$23.3$38.7$32.1$6.59
2016Detailed filing. Detailed filing data is available for this year.$16.7$16.7$12.2$17.2$5.00
2015Detailed filing. Detailed filing data is available for this year.$23.7$1.97$21.7$7.88$17.7$9.78
2014Detailed filing. Detailed filing data is available for this year.$42.0$10.5$31.5$30.2$13.6$16.6
2013Detailed filing. Detailed filing data is available for this year.$14.9$14.9$17.3$15.3$1.97
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.9$12.9$17.6$24.3$6.75
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.7$19.7$45.5$30.3$15.2
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)3 • <$500k nonprofits