Portsmouth Scottish Rite Foundation Inc
- Assets
- $699.5k
- Revenue
- $30.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Portsmouth, VA
- Founding
- 04/2005
- Data as of
- 12/2022
- EIN
- 20-1486363
Organization Overview
Portsmouth Scottish Rite Foundation Inc is located in Portsmouth, VA. The organization was established in 2005. According to its NTEE Classification (E50) the organization is classified as: Rehabilitative Care, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Portsmouth Scottish Rite Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Portsmouth Scottish Rite Foundation Inc generated $30.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (73.9%) each year. All expenses for the organization totaled $15.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ESTABLISH CONDUCT MAINTAIN AND PROMOTE ANY SUPPORT FOR CHILDREN IN GENERAL BUT MORE ESPECIALLY FOR CHILDREN WITH LANGUAGE DISORDERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTED TO A GRADUATE SCHOLARSHIP TO THE TIDEWATER SCOTTISH RITE FOUNDATION TO BE USED AT OLD DOMINION UNIVERSITY
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Franklin D Edmondson President | OfficerTrustee | 0 | $0 |
John R Goodwin Secretary Treasurer | OfficerTrustee | 10 | $0 |
Terry L Wilburn Director | Trustee | 0 | $0 |
Wayne H Anderson Director | Trustee | 0 | $0 |
William G Sykes Trustee | 0 | $0 | |
Lee Talley Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $15,175 |
| Noncash contributions included in lines 1a–1f | $12,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,175 |
| Total Program Service Revenue | $0 |
| Investment income | $12,621 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,750 |
| Net Gain/Loss on Asset Sales | -$310 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $30,236 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,858 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,275 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $2,128 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,440 |
| All other expenses | $0 |
| Total functional expenses | $15,377 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,982 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $10,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $440,101 |
| Investments—publicly traded securities | $240,386 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $699,469 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $41,500 |
| Other liabilities | $0 |
| Total liabilities | $41,500 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $657,969 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $699,469 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Portsmouth Scottish Rite Foundation Inc has recieved totaling $45.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $45 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Potomac Comprehensive Diagnostic And Guidance Center Inc Romney, WV | $8,136,771 | $9,134,207 |
Easter Seals Tennessee Inc Brentwood, TN | $7,243,675 | $12,361,774 |
Hearing And Speech Agency Of Metropolitan Baltimore Inc Baltimore, MD | $9,422,865 | $8,444,691 |
Redwood School & Rehabilitation Center Inc Ft Mitchell, KY | $11,768,699 | $11,130,183 |
Potomac Case Management Services Inc Hagerstown, MD | $12,600,270 | $9,288,891 |
Kentucky Easter Seal Society Inc Lexington, KY | $88,277,395 | $7,148,440 |
Regional Rehabitat At Olney Inc Olney, MD | $1,900,197 | $4,027,218 |
Lexington Hearing And Speech Center Inc Lexington, KY | $3,887,380 | $4,330,763 |
Pact Helping Children With Special Needs Inc Baltimore, MD | $1,819,823 | $3,068,717 |
The Harford Center Inc Havre De Grace, MD | $3,454,994 | $3,394,850 |
Easter Seal Rehabilitation Center Inc Wheeling, WV | $587,464 | $2,682,229 |
Council For Exceptional Children And Adults Inc Cumberland, MD | $1,803,531 | $2,754,758 |