Civic Intelligence

Partnership Development Foundation Inc.

990 • Fiscal year 2016 • EIN 75-3193664

Jan 01, 2016 to Dec 31, 2016 • Filed on Feb 06, 2017

Organization ProfileN/A
200 High Street Ste 201Portsmouth, VA 23704

(757) 397-8473

Siviq Scores

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

Liabilities / Assets

91st percentile

0.85x

Higher debt load relative to assets than 91% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

100th percentile

369.94x

Higher debt load relative to revenue than 100% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

91st percentile

44%

Higher net margin than 91% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

54th percentile

3.1%

Faster asset growth than 54% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets91st percentile

Assets

Up

$720,452

Up $21,479 (+3.1%) from 2015

Net Assets

Up

$109,307

Up $727 (+0.7%) from 2015

Liabilities

Up

$611,145

Up $20,752 (+3.5%) from 2015

Revenue And Expenses
Liabilities / Revenue100th percentileNet Margin91st percentile

Revenue

Up

$1,652

Up $1,652 from 2015

Expenses

Up

$925

Up $799 (+634%) from 2015

Net Income

Up

$727

Up $853 (+677%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth54th percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KAssets 2010: $544,688Liabilities 2010: $478,892Net Assets 2010: $65,7962010Assets 2011: $587,936Liabilities 2011: $478,892Net Assets 2011: $109,0442011Assets 2012: $588,925Liabilities 2012: $479,892Net Assets 2012: $109,0332012Assets 2013: $601,562Liabilities 2013: $492,892Net Assets 2013: $108,6702013Assets 2014: $684,598Liabilities 2014: $575,892Net Assets 2014: $108,7062014Assets 2015: $698,973Liabilities 2015: $590,393Net Assets 2015: $108,5802015Assets 2016: $720,452Liabilities 2016: $611,145Net Assets 2016: $109,3072016Assets 2017: $726,141Liabilities 2017: $617,145Net Assets 2017: $108,9962017Assets 2018: $740,807Liabilities 2018: $482,726Net Assets 2018: $258,0812018Assets 2019: $5,999Liabilities 2019: $39,905Net Assets 2019: -$33,9062019Assets 2020: $202,121Liabilities 2020: $4,878Net Assets 2020: $197,2432020Assets 2021: $761,009Liabilities 2021: $207,178Net Assets 2021: $553,8312021Assets 2022: $1,258,807Liabilities 2022: $420,500Net Assets 2022: $838,3072022Assets 2023: $1,720,116Liabilities 2023: $763,328Net Assets 2023: $956,7882023Assets 2024: $1,536,692Liabilities 2024: $438,241Net Assets 2024: $1,098,4512024Assets 2025: $1,374,169Liabilities 2025: $406,562Net Assets 2025: $967,6072025

Highlighted filing

2016

Assets$720,452
Liabilities$611,145
Net Assets$109,307
Open 2016 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$1.0M$500K$0-$500KExpenses 2010: $2252010Expenses 2011: $1252011Expenses 2012: $1422012Revenue 2013: $112Expenses 2013: $475Net Income 2013: -$3632013Revenue 2014: $162Expenses 2014: $126Net Income 2014: $362014Revenue 2015: $0Expenses 2015: $126Net Income 2015: -$1262015Revenue 2016: $1,652Expenses 2016: $925Net Income 2016: $7272016Revenue 2017: $1Expenses 2017: $312Net Income 2017: -$3112017Revenue 2018: $41Expenses 2018: $125Net Income 2018: -$842018Revenue 2019: -$282,947Expenses 2019: $9,040Net Income 2019: -$291,9872019Revenue 2020: $199,964Expenses 2020: $14,641Net Income 2020: $185,3232020Revenue 2021: $502,133Expenses 2021: $145,545Net Income 2021: $356,5882021Revenue 2022: $518,132Expenses 2022: $233,658Net Income 2022: $284,4742022Revenue 2023: $270,274Expenses 2023: $151,793Net Income 2023: $118,4812023Revenue 2024: $426,608Expenses 2024: $284,945Net Income 2024: $141,6632024Revenue 2025: $214,507Expenses 2025: $345,351Net Income 2025: -$130,8442025

Highlighted filing

2016

Revenue$1,652
Expenses$925
Net Income$727
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Feb 6, 2017
Return Version
2016v3.0
Gross Receipts
$1,652
Mission and Program Overview

Mission

To support the city of portsmouth by reclaiming under performing properties for a higher and better use for the economic growth of the entire city and by providing financial resources for other charitable and educational organizations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$697,311$711,533▲ $14,222
Cash and Non-Interest-Bearing Accounts$1,662$8,919▲ $7,257
Total Assets$698,973$720,452▲ $21,479
Liabilities
Other Liabilities$441,224$461,976▲ $20,752
Grants Payable$149,169$149,169→ $0
Total Liabilities$590,393$611,145▲ $20,752
Net Assets / Fund Balance
Unrestricted Net Assets$108,580$109,307▲ $727
Total Net Assets Fund Balance$108,580$109,307▲ $727
Total Liabilities and Net Assets / Fund Balance$698,973$720,452▲ $21,479

Asset Categories

AssetBook ValueDepreciationBasis
Land$711,533-$711,533
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
James E BentoPresident
David R TynchDirector
William H Hargrove IiiSecretary
Donald W Comer JrTreasurer
William H KlineVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$1,650
Program Service Revenue
$0
Investment Income
$2
Other Revenue
$0
All Other Contributions
$1,650
Change in Net Assets
$727

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,652
Total Revenue per Audited Statements
$1,652
Total Revenue per Form 990
$1,652
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$925
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$25--$25
Total Functional Expenses$925$0$0$925

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$925
Total Expenses per Audited Statements$925
Total Expenses per Form 990$925
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Loan Payable Pp$324,071
Loan Payable Pp Foundation$137,905
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“The governing body received a draft of the tax return to approve before final processing.”

Form 990, Page 6, Part VI, Line 12C

“Annually the board signs conflict of interest policy.”

Form 990, Page 6, Part VI, Line 15A

“Annual review and approval by the board.”

Form 990, Page 6, Part VI, Line 15B

“Annual review and approval by the board.”

Form 990, Page 6, Part VI, Line 19

“Public inspection is available upon request.”

Filing and Contact Details

Filer

Filer Name
Partnership Development Foundation
EIN
75-3193664
Phone
7573978473
Address
200 HIGH STREET STE 201, PORTSMOUTH, VA 23704

Signing Officer

Name
Donald W Comer Jr
Title
Treasurer
Phone
7573978473
Signed
2017-02-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James E Bento
Formed
2005
Legal Domicile
Va
Voting Board Members
5
Independent Board Members
5
Employees
0

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 - ORGANIZATION'S MISSION

“To support the city of portsmouth by reclaiming under performing properties for a higher and better use for the economic growth of the entire city and by providing financial resources for other charitable and educational organizations.”

Financial Statement Notes

Schedule D, Page 3, Part X

“Liability for uncertain tax positions under fin 48 footnote: the organization adopted the recognition requirements for uncertain income tax positions as required by generally accepted accounting principles, with no cumulative effect adjustment required. Income tax benefits are recognized for income tax positions taken or expected to be taken in a return, only wen it is determined that the income tax position will more- likely-than-not be sustained upon examination by taxing authorities. The organization has analyzed the tax positions taken in its filings with the internal revenue service. The organization believes that its income tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse affect on the organization's financial condition, results of operations or cash flows. Accordingly, the organization has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions at december 31, 2016.”

Schedule D, Page 4, Part XIII

“The organization's federal return of organization exempt from income tax (form 990)for 2016, 2015, and 2014 are subject to examination by the irs, generally for three years after they were filed.”

Raw XML Appendix311 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO SUPPORT THE CITY OF PORTSMOUTH BY RECLAIMING UNDER PERFORMING PROPERTIES FOR A HIGHER AND BETTER USE FOR THE ECONOMIC GROWTH OF THE ENTIRE CITY AND BY PROVIDING FINANCIAL RESOURCES FOR OTHER CHARITABLE AND EDUCATIONAL ORGANIZATIONS.
IRS990/AllOtherContributionsAmt01650
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0BOOKKEEPER
IRS990/BooksInCareOfDetail/PhoneNum07573978473
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0200 HIGH ST SUITE 201
IRS990/BooksInCareOfDetail/USAddress/CityNm0PORTSMOUTH
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd023704
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt01662
IRS990/CashNonInterestBearingGrp/EOYAmt08919
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01650
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt02
IRS990/CYOtherExpensesAmt0925
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0727
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0925
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01652
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0TO SUPPORT ECONOMIC GROWTH IN THE CITY OF PORTSMOUTH BY PROVIDING FINANCIAL SUPPORT AND HUMAN RESOURCES FOR SPECIFIC PROJECTS AND BY PROMOTING EDUCATION WITHIN THE CITY.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0925
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0DONALD W COMER JR
IRS990/Form990PartVIISectionAGrp/PersonNm1WILLIAM H HARGROVE III
IRS990/Form990PartVIISectionAGrp/PersonNm2DAVID R TYNCH
IRS990/Form990PartVIISectionAGrp/PersonNm3JAMES E BENTO
IRS990/Form990PartVIISectionAGrp/PersonNm4WILLIAM H KLINE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE-PRESIDE
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02005
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsPayableGrp/BOYAmt0149169
IRS990/GrantsPayableGrp/EOYAmt0149169
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01652
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt02
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0697311
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0711533
IRS990/LandBldgEquipCostOrOtherBssAmt0711533
IRS990/LegalDomicileStateCd0VA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO SUPPORT THE CITY OF PORTSMOUTH BY RECLAIMING UNDER PERFORMING PROPERTIES FOR A HIGHER AND BETTER USE FOR THE ECONOMIC GROWTH OF THE ENTIRE CITY AND BY PROVIDING FINANCIAL RESOURCES FOR OTHER CHARITABLE AND EDUCATIONAL ORGANIZATIONS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0108580
IRS990/NetAssetsOrFundBalancesEOYAmt0109307
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0DONATION
IRS990/OtherExpensesGrp/Desc1TAXES & LICENSES
IRS990/OtherExpensesGrp/ProgramServicesAmt0900
IRS990/OtherExpensesGrp/ProgramServicesAmt125
IRS990/OtherExpensesGrp/TotalAmt0900
IRS990/OtherExpensesGrp/TotalAmt125
IRS990/OtherLiabilitiesGrp/BOYAmt0441224
IRS990/OtherLiabilitiesGrp/EOYAmt0461976
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0JAMES E BENTO
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0126
IRS990/PYRevenuesLessExpensesAmt0-126
IRS990/PYTotalExpensesAmt0126
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0727
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01650
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01650
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt02
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0162
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0112
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0131
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0407
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt02
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0162
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0112
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0131
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0407
IRS990ScheduleA/InvestmentIncomeCYPct00.20000
IRS990ScheduleA/InvestmentIncomePYPct00.02000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.80210
IRS990ScheduleA/PublicSupportPY509Pct00.98220
IRS990ScheduleA/PublicSupportTotal509Amt01650
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01650
IRS990ScheduleA/Total509Grp/TotalAmt01650
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01652
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0162
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0112
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0131
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02057
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt0925
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0711533
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0711533
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0324071
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1137905
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LOAN PAYABLE PP
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1LOAN PAYABLE PP FOUNDATION
IRS990ScheduleD/RevenueSubtotalAmt01652
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0LIABILITY FOR UNCERTAIN TAX POSITIONS UNDER FIN 48 FOOTNOTE: THE ORGANIZATION ADOPTED THE RECOGNITION REQUIREMENTS FOR UNCERTAIN INCOME TAX POSITIONS AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, WITH NO CUMULATIVE EFFECT ADJUSTMENT REQUIRED. INCOME TAX BENEFITS ARE RECOGNIZED FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A RETURN, ONLY WEN IT IS DETERMINED THAT THE INCOME TAX POSITION WILL MORE- LIKELY-THAN-NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE ORGANIZATION HAS ANALYZED THE TAX POSITIONS TAKEN IN ITS FILINGS WITH THE INTERNAL REVENUE SERVICE. THE ORGANIZATION BELIEVES THAT ITS INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE AFFECT ON THE ORGANIZATION'S FINANCIAL CONDITION, RESULTS OF OPERATIONS OR CASH FLOWS. ACCORDINGLY, THE ORGANIZATION HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT DECEMBER 31, 2016.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S FEDERAL RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990)FOR 2016, 2015, AND 2014 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XIII
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0711533
IRS990ScheduleD/TotalExpensesPerForm990Amt0925
IRS990ScheduleD/TotalLiabilityAmt0461976
IRS990ScheduleD/TotalRevenuePerForm990Amt01652
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01652
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0925
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO SUPPORT THE CITY OF PORTSMOUTH BY RECLAIMING UNDER PERFORMING PROPERTIES FOR A HIGHER AND BETTER USE FOR THE ECONOMIC GROWTH OF THE ENTIRE CITY AND BY PROVIDING FINANCIAL RESOURCES FOR OTHER CHARITABLE AND EDUCATIONAL ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE GOVERNING BODY RECEIVED A DRAFT OF THE TAX RETURN TO APPROVE BEFORE FINAL PROCESSING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANNUALLY THE BOARD SIGNS CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANNUAL REVIEW AND APPROVAL BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ANNUAL REVIEW AND APPROVAL BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PUBLIC INSPECTION IS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0698973
IRS990/TotalAssetsEOYAmt0720452
IRS990/TotalAssetsGrp/BOYAmt0698973
IRS990/TotalAssetsGrp/EOYAmt0720452
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01650
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0925
IRS990/TotalFunctionalExpensesGrp/TotalAmt0925
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0590393
IRS990/TotalLiabilitiesEOYAmt0611145
IRS990/TotalLiabilitiesGrp/BOYAmt0590393
IRS990/TotalLiabilitiesGrp/EOYAmt0611145
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0108580
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0109307
IRS990/TotalProgramServiceExpensesAmt0925
IRS990/TotalRevenueGrp/ExclusionAmt02
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01652
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0698973
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0720452
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0108580
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0109307
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0200 HIGH STREET
IRS990/USAddress/AddressLine2Txt0STE 201
IRS990/USAddress/CityNm0PORTSMOUTH
IRS990/USAddress/StateAbbreviationCd0VA
IRS990/USAddress/ZIPCd023704
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DONALD W COMER JR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07573978473
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-02-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PARTNERSHIP DEVELOPMENT FOUNDATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0INC
ReturnHeader/Filer/BusinessNameControlTxt0PART
ReturnHeader/Filer/EIN0753193664
ReturnHeader/Filer/PhoneNum07573978473
ReturnHeader/Filer/USAddress/AddressLine1Txt0200 HIGH STREET STE 201
ReturnHeader/Filer/USAddress/CityNm0PORTSMOUTH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd023704
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId07F96481C5B530990C7F638757D70C235DB316E18
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0C9EA127B1123C2B9B9F7603DADE3E0DDF46E87D1
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/PreparationDt02017-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KIMBERLY C PAINTER
ReturnHeader/ReturnTs02017-05-17T08:37:51-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$720,452
Liabilities
$611,145
Net assets
$109,307
Revenue
$1,652
Expenses
$925
Net income
$727
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.37$0.41$0.97$0.21$0.35$0.13
2024Detailed filing. Detailed filing data is available for this year.$1.54$0.44$1.10$0.43$0.28$0.14
2023Detailed filing. Detailed filing data is available for this year.$1.72$0.76$0.96$0.27$0.15$0.12
2022Detailed filing. Detailed filing data is available for this year.$1.26$0.42$0.84$0.52$0.23$0.28
2021Detailed filing. Detailed filing data is available for this year.$0.76$0.21$0.55$0.50$0.15$0.36
2020Detailed filing. Detailed filing data is available for this year.$0.20$0.00$0.20$0.20$0.01$0.19
2019Detailed filing. Detailed filing data is available for this year.$0.01$0.04$0.03$0.28$0.01$0.29
2018Detailed filing. Detailed filing data is available for this year.$0.74$0.48$0.26$0.00$0.00$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.73$0.62$0.11$0.00$0.00$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.72$0.61$0.11$0.00$0.00$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.70$0.59$0.11$0.00$0.00$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.68$0.58$0.11$0.00$0.00$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.60$0.49$0.11$0.00$0.00$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.59$0.48$0.11$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.59$0.48$0.11$0.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.54$0.48$0.07$0.00