Civic Intelligence

Portsmouth Public Library Foundation

990EZ • Fiscal year 2016 • EIN 54-1556607

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 15, 2017

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

56th percentile

0.00x

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

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

Liabilities / Revenue

55th percentile

0.00x

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

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

Net Margin

4th percentile

-133%

Higher net margin than 4% 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

28th percentile

-10%

Faster asset growth than 28% of similar nonprofits.

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

Revenue Growth

3rd percentile

-86%

Faster revenue growth than 3% of similar nonprofits.

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

Assets

Down

$251,629

Down $28,756 (-10%) from 2015

Net Assets

Down

$251,629

Down $28,756 (-10%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Down

$23,924

Down $143,923 (-86%) from 2015

Expenses

Down

$55,659

Down $14,395 (-21%) from 2015

Net Income

Down

-$31,735

Down $129,528 (-132%) from 2015

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

2016

Assets$251,629
Liabilities$0
Net Assets$251,629

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

2016

Revenue$23,924
Expenses$55,659
Net Income-$31,735
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$23,924
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 73,000 IN 2016.-$17,486
BOOKS AND OTHER LIBRARY MATERIAL DONATED TO THE PORTSMOUTH PUBLIC LIBRARY PEOPLE BENEFITED 267,438 IN 2016.-$17,313
LECTURE SERIES, SUMMER READING PROGRAM & STAFF WORKSHOP FOR THE PORTSMOUTH PUBLIC LIBRARY. PEOPLE BENEFITED 15,140 IN 2016.-$15,280
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARGARET GUPTAPresident-$0--
WANDA RUSSOVice-Preside-$0--
MACON WILLIAMSTreasurer-$0--
TODD ELLIOTSecretaryFT$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
2017-11-15

Preparer

Firm
Barnes Brock Cornwell & Painter Plc
Address
908 EDEN WAY N STE 201, CHESAPEAKE, VA 23320-2640
Preparer
Wendy C Goldberg
Phone
7579615017
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses office supplies 1,815 media expenses 7,048 gift fund 9,646 books 2,067 library supplies 4,682 library equipment 2,954 dues 437 repairs 400 programs 15,280 training 6,273 non-investment depreciation 1,292 total 51,894

Form 990-ez, Part I, Line 20

Endowment fund - unrealized 2,979

Form 990-ez, Part II, Line 24

Equipment, furniture and fixtures 49,849 49,849 less accumulated depreciation 45,699 46,992 endowment-sevcf 50,000 52,979 total 54,150 55,836

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 Appendix156 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 1,815 MEDIA EXPENSES 7,048 GIFT FUND 9,646 BOOKS 2,067 LIBRARY SUPPLIES 4,682 LIBRARY EQUIPMENT 2,954 DUES 437 REPAIRS 400 PROGRAMS 15,280 TRAINING 6,273 NON-INVESTMENT DEPRECIATION 1,292 TOTAL 51,894
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ENDOWMENT FUND - UNREALIZED 2,979
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EQUIPMENT, FURNITURE AND FIXTURES 49,849 49,849 LESS ACCUMULATED DEPRECIATION 45,699 46,992 ENDOWMENT-SEVCF 50,000 52,979 TOTAL 54,150 55,836
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/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/ReturnTs02017-11-15T10:37:04-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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Filings