everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Portsmouth Schools Foundation

Portsmouth, VA / EIN 54-1564539 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2012444,286410,66433,62211.113%
2013406,472412,026−5,55411.114%
2014416,972350,53666,43615.614%
2015379,158394,429−15,27113.312%
2016370,471357,40613,06515.113%
2017329,433321,4417,99217.315%
2018342,072342,0462616.415%
2019259,164302,918−43,75417.123%
2020154,820268,977−114,15714.226%
2021166,676132,70733,96932.64%
2022203,913147,28856,62532.717%
202389,951120,415−30,46438.136%

In its most recent public year (2023), this organization spent $30,464 more than it brought in. Its reserves stood at about 38.1 months of spending, up from 11.1 in 2012. Staff pay was 36% of spending. $217,959 of its net assets are donor-restricted.

Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings

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