EIN 54-1564539

The Portsmouth Schools Foundation

Name: The Portsmouth Schools Foundation financials for 2023
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

IRS 501(c) type

501(c)(3)

Num. employees

City

Portsmouth

State

Virginia

Year formed

1986

Most recent tax filings

2023-06-01

NTEE code, primary

B11: Education Single Organization Support

Description

The Portsmouth Schools Foundation actively promotes the positive accomplishments in Portsmouth's public schools and creates opportunities for further improvement. It serves as an intermediary for designated donations from individuals and organizations that provide scholarships to high school students in Portsmouth based on financial need. Additionally, it acts as an intermediary for designated donations from individuals that fund special events and projects of The Portsmouth public school system.

Total revenues

$89,951

2023

Total expenses

$120,415

2023

Total assets

$382,342

2023

Num. employees

2023

Program areas at The Portsmouth Schools Foundation

Acts as an intermediary for designated donations from individuals and organizations that provide scholarships to high school students in Portsmouth on The basis of financial need.

Acts as an intermediary for designated donations from individuals that fund special events and projects of The Portsmouth public school system.

Who funds The Portsmouth Schools Foundation

Grants from foundations and other nonprofits

Grantmaker	Grantmaker tax period	Description	Amount
Beazley Foundation Incorporated	2022-12	Residential Summer Camp	$49,703
Dominion Energy Charitable Foundation	2023-12	State of the Schools Breakfast	$2,000
AmazonSmile Foundation	2022-12	General Support	$37

Personnel at The Portsmouth Schools Foundation

Name	Title	Compensation	Date of data
Arial Jones	Executive Director	$43,333	2023-06-30
Jeffrey Miller	Treasurer	$0	2024-05-02
Katina Barnes	Secretary	$0	2023-06-30
Charlette Hardy	President / Member	$0	2023-06-30
Elie Bracy	Member	$0	2023-06-30
...and 3 more key personnel

Financials for The Portsmouth Schools Foundation

Revenues	FYE 06/2023	FYE 06/2022	% Change
Total grants, contributions, etc.	$75,062	$159,796	-53%
Program services	$16,083	$27,567	-41.7%
Investment income and dividends	$3,573	$-393	1009.2%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$-4,767	$0	-999%
Net income from fundraising events	$0	$16,943	-100%
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$0	$0	-
Total revenues	$89,951	$203,913	-55.9%

Form 990s for The Portsmouth Schools Foundation

Fiscal year ending	Date received by IRS	Form	PDF link
2023-06	2024-05-02	990	View PDF
2022-06	2023-05-08	990	View PDF
2021-06	2022-05-16	990	View PDF
2020-06	2021-05-18	990	View PDF
2019-06	2020-06-04	990	View PDF
...and 9 more Form 990s

Organizations like The Portsmouth Schools Foundation

Organization	Type	Location	Revenue
Arizona Western College Foundation	501(c)(3)	Yuma, AZ	$426,700
Louisiana Delta Community College Foundation	501(c)(3)	Monroe, LA	$334,093
Wyoming School Foundation	501(c)(3)	Wyoming, OH	$259,073
Minot Public School Foundation	501(c)(3)	Minot, ND	$223,165
Tyler Ind School District Foundation	501(c)(3)	Tyler, TX	$436,167
The Scottsbluff Public Schools Foundation	501(c)(3)	Scottsbluff, NE	$400,482
Prescott Unified School District Education Foundation	501(c)(3)	Prescott, AZ	$226,613
Cleveland College Foundation Fund	501(c)(3)	Overland Park, KS	$215,776
Wayne Township Education Foundation	501(c)(3)	Indianapolis, IN	$318,956
Eastlake Educational Foundation	501(c)(3)	Chula Vista, CA	$262,000

Data update history

August 8, 2024

Posted financials

Added Form 990 for fiscal year 2023

December 25, 2023

Received grants

Identified 1 new grant, including a grant for $49,703 from Beazley Foundation Incorporated

November 25, 2023

Posted financials

Added Form 990 for fiscal year 2021

July 21, 2023

Posted financials

Added Form 990 for fiscal year 2022

July 3, 2023

Updated personnel

Identified 7 new personnel

Nonprofit Types

School foundationsGrantmaking organizationsCharities

Issues

Education

Characteristics

Funds one specific organizationState / local levelEndowed supportProvides scholarshipsTax deductible donationsNo full-time employees

General information

Address: 2200 Piedmont Ave; Portsmouth, VA 23704
Metro area: Virginia Beach-Norfolk-Newport News, VA-NC
County: Portsmouth city, VA
Phone: (757) 393-5356

IRS details

EIN: 54-1564539
Fiscal year end: June
Taxreturn type: Form 990
Year formed: 1986
Eligible to receive tax-deductible contributions (Pub 78): Yes

Categorization

NTEE code, primary: B11: Education Single Organization Support
NAICS code, primary: 813211: Grantmaking Foundations
Parent/child status: Independent

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The Portsmouth Schools Foundation

Program areas at The Portsmouth Schools Foundation

Who funds The Portsmouth Schools Foundation

Personnel at The Portsmouth Schools Foundation

Financials for The Portsmouth Schools Foundation

Form 990s for The Portsmouth Schools Foundation

Organizations like The Portsmouth Schools Foundation

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