Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
EIN 54-1556607 • 501(c)3 • Portsmouth, VA
Profile
To access to a comprehensive collection of materials, in a safe and appealing enviroment, to encourage social, cultural, and intellectual growth. Through the careful use of resources and a knowledgeable staff, the library will contribute to the overall quality of life and meet the ever-changing needs of the citizens of portsmouth. By encouraging an atmosphere of lifeong learning through traditional library services and emerging technologies, the library will continue to be a relevant part of the community.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.
Net Margin
18th percentile
Higher net margin than 18% of similar nonprofits.
Top Officer Pay
84th percentile
Higher top officer pay than 84% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
34th percentile
Faster asset growth than 34% of similar nonprofits.
Revenue Growth
66th percentile
Faster revenue growth than 66% of similar nonprofits.
Assets
Down$120,559
Down $43,761 (-27%) from 2020
Liabilities
Flat$0
Flat from 2020
Net Assets
Down$120,559
Down $43,761 (-27%) from 2020
Revenue
Up$20,872
Up $4,473 (+27%) from 2020
Expenses
Down$27,792
Down $2,095 (-7.0%) from 2020
Net Income
Up-$6,920
Up $6,568 (+49%) from 2020
Most recent year
2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.
To access to a comprehensive collection of materials, in a safe and appealing enviroment, to encourage social, cultural, and intellectual growth. Through the careful use of resources and a knowledgeable staff, the library will contribute to the overall quality of life and meet the ever-changing needs of the citizens of portsmouth. By encouraging an atmosphere of lifeong learning through traditional library services and emerging technologies, the library will continue to be a relevant part of the community.
It is the mission of the portsmouth public library to offer access to a comprehensive collection of materials, in a safe and appealing environment, to encourage social, economic, cultural, and intellectual growth. Through the careful use of resources and a knowledgeable staff, the library will contribute to the overall quality of life and meet the ever-changing needs of the citizens of portsmouth. By encouraging an atmosphere of lifelong learning through traditional library services and emerging technologies, the library will continue to be a relevant part of our community.
| Description | Grants | Expenses |
|---|---|---|
| BOOKS AND OTHER LIBRARY MATERIAL DONATED TO THE PORTSMOUTH PUBLIC LIBRARY. | - | $14,486 |
| LECTURE SERIES, SUMMER READING PROGRAM & STAFF WORKSHOP FOR THE PORTSMOUTH PUBLIC LIBRARY. IN 2022, 7,402 PEOPLE BENEFITED, INCLUDING 2,932 CHILDREN. | - | $5,414 |
| CHILDREN'S SUPPLIES, EQUIPMENT, PROFESSIONAL FEES, PAPER AND PROMOTIONAL MATERIALS FOR PORTSMOUTH PUBLIC LIBRARY. | - | $4,506 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| MARGARET GUPTA | President | - | $0 | - | - |
| WANDA RUSSO | Vice Preside | - | $0 | - | - |
| MACON WILLIAMS | Treasurer | - | $0 | - | - |
| DEBORAH HINES | Director | - | $0 | - | - |
| PRESTON VAUGHAN | Director | - | $0 | - | - |
| TODD ELLIOTT | Secretary | - | $0 | - | - |
“Expenses office supplies 1,489 media expenses 2,366 gift fund 9,328 books 646 library supplies 1,246 library equipment 763 dues 20 programs 5,414 training 1,357 miscellaneous 200 contributions 303 non-investment depreciation 2,763 total 25,895”
“UNREALIZED LOSS -13,821”
“Equipment, furniture and fixtures 67,879 67,879 less accumulated depreciation 62,688 64,765 software 3,088 3,088 less accumulated amortization 2,402 3,088 endowment-sevcf 81,577 67,756 total 87,454 70,870”
“It is the mission of the portsmouth public library to offer access to a comprehensive collection of materials, in a safe and appealing environment, to encourage social, economic, cultural, and intellectual growth. Through the careful use of resources and a knowledgeable staff, the library will contribute to the overall quality of life and meet the ever-changing needs of the citizens of portsmouth. By encouraging an atmosphere of lifelong learning through traditional library services and emerging technologies, the library will continue to be a relevant part of our community.”
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 | TODD ELLIOTT |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 7573938365 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 601 COURT STREET |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | PORTSMOUTH |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | VA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 23704 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 53846 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 49689 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 20763 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -6920 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 1897 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 141300 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 120559 |
| IRS990EZ/GrossReceiptsAmt | 0 | 20872 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 109 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 141300 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 120559 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 141300 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 120559 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 0.25 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 0.25 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | MARGARET GUPTA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | WANDA RUSSO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | MACON WILLIAMS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | DEBORAH HINES |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | PRESTON VAUGHAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | TODD ELLIOTT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE PRESIDE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | SECRETARY |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 87454 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 70870 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | -13821 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 25895 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | IT IS THE MISSION OF THE PORTSMOUTH PUBLIC LIBRARY TO OFFER ACCESS TO A COMPREHENSIVE COLLECTION OF MATERIALS, IN A SAFE AND APPEALING ENVIRONMENT, TO ENCOURAGE SOCIAL, ECONOMIC, CULTURAL, AND INTELLECTUAL GROWTH. THROUGH THE CAREFUL USE OF RESOURCES AND A KNOWLEDGEABLE STAFF, THE LIBRARY WILL CONTRIBUTE TO THE OVERALL QUALITY OF LIFE AND MEET THE EVER-CHANGING NEEDS OF THE CITIZENS OF PORTSMOUTH. BY ENCOURAGING AN ATMOSPHERE OF LIFELONG LEARNING THROUGH TRADITIONAL LIBRARY SERVICES AND EMERGING TECHNOLOGIES, THE LIBRARY WILL CONTINUE TO BE A RELEVANT PART OF OUR COMMUNITY. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | BOOKS AND OTHER LIBRARY MATERIAL DONATED TO THE PORTSMOUTH PUBLIC LIBRARY. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | CHILDREN'S SUPPLIES, EQUIPMENT, PROFESSIONAL FEES, PAPER AND PROMOTIONAL MATERIALS FOR PORTSMOUTH PUBLIC LIBRARY. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 2 | LECTURE SERIES, SUMMER READING PROGRAM & STAFF WORKSHOP FOR THE PORTSMOUTH PUBLIC LIBRARY. IN 2022, 7,402 PEOPLE BENEFITED, INCLUDING 2,932 CHILDREN. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 14486 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 4506 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 2 | 5414 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 27792 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 24406 |
| IRS990EZ/TotalRevenueAmt | 0 | 20872 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | PORTSMOUTHPUBLICLIBRARY.ORG |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 20763 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 5666 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 16247 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 14606 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 78896 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 136178 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 35 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 152 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 62 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 39 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 288 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 109 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.58610 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.47990 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 79988 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 56190 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 20763 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 5666 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 16247 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 14606 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 78896 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 136178 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 136466 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES OFFICE SUPPLIES 1,489 MEDIA EXPENSES 2,366 GIFT FUND 9,328 BOOKS 646 LIBRARY SUPPLIES 1,246 LIBRARY EQUIPMENT 763 DUES 20 PROGRAMS 5,414 TRAINING 1,357 MISCELLANEOUS 200 CONTRIBUTIONS 303 NON-INVESTMENT DEPRECIATION 2,763 TOTAL 25,895 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | UNREALIZED LOSS -13,821 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | EQUIPMENT, FURNITURE AND FIXTURES 67,879 67,879 LESS ACCUMULATED DEPRECIATION 62,688 64,765 SOFTWARE 3,088 3,088 LESS ACCUMULATED AMORTIZATION 2,402 3,088 ENDOWMENT-SEVCF 81,577 67,756 TOTAL 87,454 70,870 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | IT IS THE MISSION OF THE PORTSMOUTH PUBLIC LIBRARY TO OFFER ACCESS TO A COMPREHENSIVE COLLECTION OF MATERIALS, IN A SAFE AND APPEALING ENVIRONMENT, TO ENCOURAGE SOCIAL, ECONOMIC, CULTURAL, AND INTELLECTUAL GROWTH. THROUGH THE CAREFUL USE OF RESOURCES AND A KNOWLEDGEABLE STAFF, THE LIBRARY WILL CONTRIBUTE TO THE OVERALL QUALITY OF LIFE AND MEET THE EVER-CHANGING NEEDS OF THE CITIZENS OF PORTSMOUTH. BY ENCOURAGING AN ATMOSPHERE OF LIFELONG LEARNING THROUGH TRADITIONAL LIBRARY SERVICES AND EMERGING TECHNOLOGIES, THE LIBRARY WILL CONTINUE TO BE A RELEVANT PART OF OUR COMMUNITY. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | TODD ELLIOTT |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | SECRETARY |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7573938365 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-11-06 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | PORTSMOUTH PUBLIC LIBRARY |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | PORT |
| ReturnHeader/Filer/EIN | 0 | 541556607 |
| ReturnHeader/Filer/PhoneNum | 0 | 7573938365 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 601 COURT STREET |
| ReturnHeader/Filer/USAddress/CityNm | 0 | PORTSMOUTH |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | VA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 23704 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | false |
| 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 | 2023-11-10 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | KIMBERLY C PAINTER CPA |
| ReturnHeader/ReturnTs | 0 | 2023-11-10T08:26:45-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | TODD |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | ELLIOT |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-12-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
No mirrored PDF or thumbnail assets are attached yet.