Civic Intelligence

Portsmouth Public Library Foundation

990EZ • Fiscal year 2014 • EIN 54-1556607

Jan 01, 2014 to Dec 31, 2014 • Filed on Aug 12, 2015

601 Court StreetPortsmouth, VA 23704

(757) 393-8365

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

19th percentile

-14%

Higher net margin than 19% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

$189,319

No earlier filing loaded for comparison.

Net Assets

$189,319

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$55,113

No earlier filing loaded for comparison.

Expenses

$62,715

No earlier filing loaded for comparison.

Net Income

-$7,602

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2014: $189,319Liabilities 2014: $0Net Assets 2014: $189,3192014Assets 2015: $280,385Liabilities 2015: $0Net Assets 2015: $280,3852015Assets 2016: $251,629Liabilities 2016: $0Net Assets 2016: $251,6292016Assets 2017: $191,288Liabilities 2017: $1,500Net Assets 2017: $189,7882017Assets 2018: $210,415Liabilities 2018: $0Net Assets 2018: $210,4152018Assets 2019: $169,842Liabilities 2019: $0Net Assets 2019: $169,8422019Assets 2020: $164,320Liabilities 2020: $0Net Assets 2020: $164,3202020Assets 2022: $120,559Liabilities 2022: $0Net Assets 2022: $120,5592022

Highlighted filing

2014

Assets$189,319
Liabilities$0
Net Assets$189,319

Operations Trend

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

$200K$100K$0-$100KRevenue 2014: $55,113Expenses 2014: $62,715Net Income 2014: -$7,6022014Revenue 2015: $167,847Expenses 2015: $70,054Net Income 2015: $97,7932015Revenue 2016: $23,924Expenses 2016: $55,659Net Income 2016: -$31,7352016Revenue 2017: $15,817Expenses 2017: $84,776Net Income 2017: -$68,9592017Revenue 2018: $78,935Expenses 2018: $54,253Net Income 2018: $24,6822018Revenue 2019: $14,668Expenses 2019: $64,781Net Income 2019: -$50,1132019Revenue 2020: $16,399Expenses 2020: $29,887Net Income 2020: -$13,4882020Revenue 2022: $20,872Expenses 2022: $27,792Net Income 2022: -$6,9202022

Highlighted filing

2014

Revenue$55,113
Expenses$62,715
Net Income-$7,602
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Aug 12, 2015
Return Version
2014v5.0
Gross Receipts
$55,113
Mission and Program Overview

Mission

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.

Program Services

DescriptionGrantsExpenses
CHILDREN'S SUPPLIES, EQUIPMENT, PROFESSIONAL FEES, PAPER AND PROMOTIONAL MATERIALS FOR PORTSMOUTH PUBLIC LIBRARY. PEOPLE BENEFITED 47,936$175$25,647
BOOKS AND OTHER LIBRARY MATERIAL DONATED TO THE PORTS- MOUTH PUBLIC LIBRARY PEOPLE BENEFITED 63,417-$23,815
LECTURE SERIES, SUMMER READING PROGRAM & STAFF WORKSHOP FOR THE PORTSMOUUTH PUBLIC LIBRARY. PEOPLE BENEFITED 11,899-$13,253
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARGARET GUPTAPresident-$0--
WANDA RUSSOVice-Preside-$0--
MACON WILLIAMSTreasurer-$0--
TODD ELLIOTSecretary-$0--
ALYCIA HEMINGWAYMember-$0--
HERBERT MOTTMember-$0--
GREGORY POMIJEMember-$0--
Filing and Contact Details

Filer

Filer Name
Portsmouth Public Library
EIN
54-1556607
Phone
7573938365
Address
601 COURT STREET, PORTSMOUTH, VA 23704

Signing Officer

Name
Todd Elliot
Title
Secretary
Phone
7573938365
Signed
2015-08-12

Preparer

Firm
Wc Goldberg & Company Pc
Address
484 VIKING DR STE 160, VIRGINIA BEACH, VA 23452-7393
Preparer
Wendy C Goldberg CPA
Phone
7574203986
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses office supplies 1,708 anniversity event 5,106 gift fund 11,280 books 1,199 programs 13,253 training 3,737 media expenses 11,309 library supplies 6,489 bank charges 39 miscellaneous 239 non-investment depreciation 7,386 total 61,745

Form 990-ez, Part I, Line 20

Prior period adjustment -6,237

Form 990-ez, Part II, Line 24

Equipment, furniture and fixtures 170,708 49,849 less accumulated depreciation 163,811 43,573 total 6,897 6,276

Form 990-ez, Part III

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.

Raw XML Appendix153 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.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE SUPPLIES 1,708 ANNIVERSITY EVENT 5,106 GIFT FUND 11,280 BOOKS 1,199 PROGRAMS 13,253 TRAINING 3,737 MEDIA EXPENSES 11,309 LIBRARY SUPPLIES 6,489 BANK CHARGES 39 MISCELLANEOUS 239 NON-INVESTMENT DEPRECIATION 7,386 TOTAL 61,745
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PRIOR PERIOD ADJUSTMENT -6,237
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EQUIPMENT, FURNITURE AND FIXTURES 170,708 49,849 LESS ACCUMULATED DEPRECIATION 163,811 43,573 TOTAL 6,897 6,276
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO 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.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
ReturnHeader/BuildTS02016-04-25 22:37:26Z
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ReturnHeader/ReturnTs02015-08-14T11:25:18-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

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