2025-11-13T10:00:40-05:00 2025-06-30 472215051 E CLARK & COMPANY 4012 RAINTREE ROAD SUITE 100B CHESAPEAKE VA 23321 990 2024-07-01 043650760 PORTSMOUTH INVITATIONAL TOURNAMENT FOUNDATION INC C/O ROBERT STANLEY PORT 7576472270 5606 GREENEFIELD DRIVE SOUTH PORTSMOUTH VA 23703 JAMES STANLEY TREASURER, CO-VICE 7576472270 2025-11-12 false ELIZABETH M CLARK P01333075 7573932222 2025-11-12 2024 2025-03-06 01:10:19Z JAMES STANLEY 5606 GREENEFIELD DRVIE SOUTH PORTSMOUTH VA 23703 317378 false X PORTSMOUTHINVITATIONAL.COM X 2002 VA RAISE FUNDS FROM ACTIVITIES SUCH AS THE PORTSMOUTH INVITATIONAL TOURNAMENT. FUNDS RAISED SHALL BE GIVEN FOR CHARITABLE PURPOSES TO NONPROFIT COMMUNITY ORGANIZATIONS & FOR SCHOLARSHIPS TO DESERVING STUDENT ATHLETES GRADUATING FROM LOCAL HIGH SCHOOLS. 15 15 0 0 25000 25000 217133 272599 2832 19779 0 244965 317378 0 0 0 0 0 235067 217836 235067 217836 9898 99542 495010 594552 0 495010 594552 X RAISE FUNDS FROM ACTIVITIES SUCH AS THE PORTSMOUTH INVITATIONAL TOURNAMENT. FUNDS RAISED SHALL BE GIVEN FOR CHARITABLE PURPOSES TO NONPROFIT COMMUNITY ORGANIZATIONS & FOR SCHOLARSHIPS TO DESERVING STUDENT ATHLETES GRADUATING FROM LOCAL HIGH SCHOOLS. false false 215961 HOST THE ANNUAL PORTSMOUTH INVITATIONAL BASKETBALL TOURNAMENT ("PIT"). THE PURPOSE OF THE TOURNAMENT IS TO PROVIDE COLLEGE SCHOLARSHIPS TO LOCAL HIGH SCHOOL STUDENTS, PROVIDE CHARTIABLE CONTRIBUTIONS TO COMMUNITY ORGANIZATIONS, SHOWCASE THE CITY OF PORTSMOUTH AND BENEFIT THE LOCAL ECONOMY. 215961 false false false false false false false false false false false false false false false false false false false false false false false false false false false 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 X 15 15 false false false false false true false true true false false false false false false false false false X JAMES STANLEY 7576472270 5606 GREENEFIELD DRVIE SOUTH PORTSMOUTH VA 23703 X JACK ANKERSON DIRECTOR X 0 0 0 MICHAEL BOYD DIRECTOR X 0 0 0 RANDY CAVINESS DIRECTOR X 0 0 0 SYNTHIA GOODE DIRECTOR X 0 0 0 EDDIE HARRIS DIRECTOR X 0 0 0 JUSTIN JACKSON DIRECTOR X 0 0 0 CLIFTON JONES DIRECTOR X 0 0 0 JOHN ROUND DIRECTOR X 0 0 0 ALYSSA SCRIPTER DIRECTOR X 0 0 0 RICHARD WENTZ DIRECTOR X 0 0 0 TERRY BARONNER CO-VICE CHAI X 0 0 0 ANGELA BOVEE RECORDING SE X 0 0 0 MICHAEL MORRIS CHAIRMAN X 0 0 0 CLIFFORD SAYLES CO-VICE CHAI X 0 0 0 JAMES STANLEY TREASURER, C X 0 0 0 false false false 25000 25000 BASKETBALL TOURNAMENT 272599 272599 272599 19779 19779 317378 292378 1875 1875 8000 8000 5543 5543 9497 9497 TOURNAMENT RELATED EXPENS 192921 192921 217836 215961 1875 0 95010 52744 400000 541808 495010 594552 0 0 X 495010 594552 495010 594552 495010 594552 99542 X false false FORM 990 - ORGANIZATION'S MISSION RAISE FUNDS FROM ACTIVITIES SUCH AS THE PORTSMOUTH INVITATIONAL TOURNAMENT. FUNDS RAISED SHALL BE GIVEN FOR CHARITABLE PURPOSES TO NONPROFIT COMMUNITY ORGANIZATIONS & FOR SCHOLARSHIPS TO DESERVING STUDENT ATHLETES GRADUATING FROM LOCAL HIGH SCHOOLS. FORM 990, PAGE 6, PART VI, LINE 7A THE ORGANIZATION IS GOVERNED BY THE BOARD OF DIRECTORS COMPRISED OF NO LESS THAN TWELVE MEMBERS AND NO MORE THAN FIFTEEN MEMBERS. THE BOARD OF DIRECTORS IS HEADED BY A CHAIRMAN AND ASSISTED BY TWO VICE-CHAIRMEN. THE OFFICERS ARE ELECTED BY A MAJORITY VOTE OF THE BOARD OF DIRECTORS. COMMITTEES ARE COMPRISED OF AN UNLIMITED NUMBER OF VOLUNTEERS THAT CARRY OUT THE DECISIONS OF THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 11B THE TAX RETURN IS REVIEWED BY THE CHAIRMAN AND TREASURER BEFORE FILING. THE RETURNIS DISCUSSED WITH THE BOARD OF DIRECTORS AT A SUBSEQUENT MEETING. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST.