2025-03-11T13:26:47-04:00 2024-12-31 200221868 BARNES BROCK CORNWELL & PAINTER PLC 908 EDEN WAY N STE 201 CHESAPEAKE VA 233202640 990 2024-01-01 753193664 PARTNERSHIP DEVELOPMENT FOUNDATION INC PART 7573978473 739 HIGH STREET PORTSMOUTH VA 23704 MICHELLE WREN EXECUTIVE DIRECTOR 7573978473 2025-03-05 true true KIMBERLY C PAINTER CPA P00294115 7579615017 2025-03-07 2024 2025-03-06 01:10:19Z MICHELLE WREN 739 HIGH STREET PORTSMOUTH VA 23704 426608 false X N/A X 2005 VA 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. 9 9 0 9 0 270252 426043 0 22 65 500 270274 426608 15000 83000 0 0 0 0 136793 201945 151793 284945 118481 141663 1720116 1536692 763328 438241 956788 1098451 X 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. false false 284945 TO 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. TO 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. 284945 true true false false false false false false false false true false false true true true false true false false false false false false false false false false true false false false false false false false false false false false false false false false false false false true 0 0 0 false false false false false false false false false false false false false false X 9 9 false false false false false false false true true false false true true true true true true true true false X X MICHELLE WREN 7573978473 739 HIGH STREET PORTSMOUTH VA 23704 X CAMILLE CHERRY PRESIDENT 1.00 X X 0 0 0 MAX GREENHOOD VICE PRESIDE 1.00 X X 0 0 0 WILLIAM H HARGROVE III TREASURER/SE 1.00 X X 0 0 0 CHRIS SHELTON DIRECTOR 1.00 X 0 0 0 CURTIS LYONS DIRECTOR 1.00 X 0 0 0 MATTHEW TUTTLE DIRECTOR 1.00 X 0 0 0 STEVE HERETICK DIRECTOR 1.00 X 0 0 0 ROSS CHERRY DIRECTOR 1.00 X 0 0 0 CAMERON ROBINETT DIRECTOR 1.00 X 0 0 0 MICHELLE WREN EXECUTIVE DI 5.00 X 0 0 0 false false false 426043 426043 65 65 MISCELLANEOUS 500 500 500 426608 500 65 83000 83000 1500 1500 139757 139757 BLOOM PROGRAM EXPENSE 60388 60388 REPAIRS & MAINTENANCE 300 300 284945 284945 0 0 124317 109244 1432686 448609 1096741 984077 499058 443371 1720116 1536692 763328 438241 763328 438241 X 956788 1098451 956788 1098451 1720116 1536692 141663 X false true X true false X 199800 502056 515034 270252 426043 1913185 83 3038 500 3621 199883 502056 518072 270252 426543 1916806 1916806 81 77 60 22 65 305 81 77 60 22 65 305 199964 502133 518132 270274 426608 1917111 0.99980 0.99980 0.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 870547 180320 690227 557139 263872 293267 5000 4417 583 984077 OPERATING LEASE RIGHT-OF-USE 438241 DEPOSIT 5130 443371 OPERATING LEASE LIABILITY 438241 438241 X 516160 89552 89552 426608 426608 374497 89552 89552 284945 284945 SCHEDULE D, PAGE 3, PART X 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 WHEN 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, 2024. SCHEDULE D, PAGE 4, PART XIII THE ORGANIZATION'S FEDERAL RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) FOR 2024, 2023, AND 2022 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. false CASH GRANT 1 83000 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. FORM 990, PAGE 2, PART III, LINE 4D TO 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. 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.