Civic Intelligence

Portsmouth Public Library Foundation

990EZ • Fiscal year 2020 • EIN 54-1556607

Jan 01, 2020 to Dec 31, 2020 • Filed on Feb 05, 2022

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.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

9th percentile

-82%

Higher net margin than 9% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

36th percentile

-3.3%

Faster asset growth than 36% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

74th percentile

12%

Faster revenue growth than 74% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$164,320

Down $5,522 (-3.3%) from 2019

Net Assets

Down

$164,320

Down $5,522 (-3.3%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Up

$16,399

Up $1,731 (+12%) from 2019

Expenses

Down

$29,887

Down $34,894 (-54%) from 2019

Net Income

Up

-$13,488

Up $36,625 (+73%) from 2019

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

2020

Assets$164,320
Liabilities$0
Net Assets$164,320

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

2020

Revenue$16,399
Expenses$29,887
Net Income-$13,488
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Feb 5, 2022
Return Version
2020v4.0
Gross Receipts
$16,399
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
BOOKS AND OTHER LIBRARY MATERIAL DONATED TO THE PORTSMOUTH PUBLIC LIBRARY.-$18,124
LECTURE SERIES, SUMMER READING PROGRAM & STAFF WORKSHOP FOR THE PORTSMOUTH PUBLIC LIBRARY. IN 2020, 14,711 PEOPLE BENEFITED, INCLUDING 8,138 CHILDREN.-$5,532
CHILDREN'S SUPPLIES, EQUIPMENT, PROFESSIONAL FEES, PAPER AND PROMOTIONAL MATERIALS FOR PORTSMOUTH PUBLIC LIBRARY.-$4,636
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARGARET GUPTAPresident-$0--
WANDA RUSSOVice Preside-$0--
MACON WILLIAMSTreasurer-$0--
DEBORAH HINESDirector-$0--
PRESTON VAUGHANDirector-$0--
TODD ELLIOTTSecretary-$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 Elliott
Title
Secretary
Phone
7573938365
Signed
2022-02-05

Preparer

Firm
Barnes Brock Cornwell & Painter Plc
Address
4429 BONNEY ROAD SUITE 420, VIRGINIA BEACH, VA 23462
Preparer
Kimberly C Painter CPA
Phone
7572330161
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses office supplies 807 media expenses 3,672 gift fund 1,449 books 4,810 library supplies 2,532 library equipment 270 dues 224 programs 5,532 training 470 miscellaneous 1,775 bank charges 21 repairs & maintenance 226 non-investment depreciation 7,207 total 28,995

Form 990-ez, Part I, Line 20

Unrealized gain/loss 7,966

Form 990-ez, Part II, Line 24

Equipment, furniture and fixtures 70,967 70,967 less accumulated depreciation 53,034 60,241 endowment-sevcf 65,585 73,551 total 83,518 84,277

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 Appendix165 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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CompensationExplanation/CompensationExplanationGrp/PersonNm3DEBORAH HINES
CompensationExplanation/CompensationExplanationGrp/PersonNm4PRESTON VAUGHAN
CompensationExplanation/CompensationExplanationGrp/PersonNm5TODD ELLIOTT
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MARGARET GUPTA
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5TODD ELLIOTT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt083518
IRS990EZ/OtherAssetsTotalDetail/EOYAmt084277
IRS990EZ/OtherChangesInNetAssetsAmt07966
IRS990EZ/OtherExpensesTotalAmt028995
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO 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.
IRS990EZ/PrintingPublicationsPostageAmt0104
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1CHILDREN'S SUPPLIES, EQUIPMENT, PROFESSIONAL FEES, PAPER AND PROMOTIONAL MATERIALS FOR PORTSMOUTH PUBLIC LIBRARY.
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IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt029887
IRS990EZ/TotalProgramServiceExpensesAmt028292
IRS990EZ/TotalRevenueAmt016399
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
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IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.62360
IRS990ScheduleA/PublicSupportPY170Pct00.33480
IRS990ScheduleA/PublicSupportTotal170Amt093374
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IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE SUPPLIES 807 MEDIA EXPENSES 3,672 GIFT FUND 1,449 BOOKS 4,810 LIBRARY SUPPLIES 2,532 LIBRARY EQUIPMENT 270 DUES 224 PROGRAMS 5,532 TRAINING 470 MISCELLANEOUS 1,775 BANK CHARGES 21 REPAIRS & MAINTENANCE 226 NON-INVESTMENT DEPRECIATION 7,207 TOTAL 28,995
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UNREALIZED GAIN/LOSS 7,966
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EQUIPMENT, FURNITURE AND FIXTURES 70,967 70,967 LESS ACCUMULATED DEPRECIATION 53,034 60,241 ENDOWMENT-SEVCF 65,585 73,551 TOTAL 83,518 84,277
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/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0TODD ELLIOTT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum07573938365
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-02-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PORTSMOUTH PUBLIC LIBRARY
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0PORT
ReturnHeader/Filer/EIN0541556607
ReturnHeader/Filer/PhoneNum07573938365
ReturnHeader/Filer/USAddress/AddressLine1Txt0601 COURT STREET
ReturnHeader/Filer/USAddress/CityNm0PORTSMOUTH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd023704
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0200221868
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BARNES BROCK CORNWELL & PAINTER PLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04429 BONNEY ROAD SUITE 420
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0VIRGINIA BEACH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd023462
ReturnHeader/PreparerPersonGrp/PhoneNum07572330161
ReturnHeader/PreparerPersonGrp/PreparationDt02022-03-23
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KIMBERLY C PAINTER CPA
ReturnHeader/ReturnTs02022-03-23T16:12:48-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0TODD
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0ELLIOTT
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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Filings