Nonprofit · EIN 54-0761117
PORTSMOUTH & CHESAPEAKE AREA FOUNDATION
Tax-exempt · PORTSMOUTH, VA 23707
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $222,437 | $207,607 | $14,830 | $3,926,303 | $0 | $3,926,303 |
| December 31, 2023 | 990 | $238,534 | $124,644 | $113,890 | $3,869,129 | $0 | $3,869,129 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $222,437
- Net gain from sales of assets
- $42,885
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $205,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $1,985
- Program services (functional)
- $207,607
Balance sheet and other
- Total assets, start of year
- $3,869,129
- Total assets, end of year
- $3,926,303
- Total liabilities, end of year
- $0
- Net assets, end of year
- $3,926,303
- Publicly traded securities
- $3,421,722
- Net assets without donor restrictions
- $3,926,303
- Gross receipts
- $222,470
- Employees
- 0
- Year formed
- 1960
- State of legal domicile
- VA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANN M KIRK | PRESIDENT & Trustee or director, Officer | 2 | $0 |
| KEN WREN JR | TRUSTEE Trustee or director | 1 | $0 |
| CYNTHIA NORMANDIA | TRUSTEE Trustee or director | 0.5 | $0 |
| WESLEY E BARNES JR | TREASURER & Trustee or director, Officer | 2 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANN M KIRK | PRESIDENT & Trustee or director, Officer | 2 | $0 |
| AVE BULLARD | TRUSTEE Trustee or director | 0.5 | $0 |
| RHONDA ELLSWORTH-WHITE | TRUSTEE Trustee or director | 0.5 | $0 |
| CASSANDRA IVEY | SECRETARY & Trustee or director, Officer | 1 | $0 |
| KEN WREN JR | TRUSTEE Trustee or director | 1 | $0 |
| MICHAEL R KIRK | TRUSTEE Trustee or director | 0.5 | $0 |
| CHERYL MILLER | TRUSTEE Trustee or director | 0.5 | $0 |
| CYNTHIA NORMANDIA | TRUSTEE Trustee or director | 0.5 | $0 |
| ESSIE PETERSON | TRUSTEE Trustee or director | 0.5 | $0 |
| WESLEY E BARNES JR | TREASURER & Trustee or director, Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 102 WEST RD, PORTSMOUTH, VA 23707-1200
- In care of
- % ANN M KIRK PRES
- Principal officer (990 for 2024)
- ANN M KIRK, 102 WEST ROAD, PORTSMOUTH, VA 23707
- Signed the 990
- WESLEY E BARNES JR, TREASURER & TRUSTEE
- Phone
- (757) 269-9710
- Return prepared by
- BARNES & ASSOCIATES PLLC
Mission
TO PROVIDE FOR THE WELL BEING OF THE DISABLED, TO HONOR REQUESTS FOR SPECIAL EQUIPMENT NEEDED IN THE SCHOOL PROGRAMS FOR SPECIAL NEEDS CHILDREN IN THE PORTSMOUTH AND CHESAPEAKE, VIRGINIA SCHOOLS THROUGH SUPPORT OF KIRK-CONE REHABILITATION INC.
Program accomplishments
- GRANTS TO KIRK-CONE REHABILITATION INC., A 501(C)(3) ORGANIZATION TO ALLOW KIRK-CONE TO CARRY OUT THE MISSION OF THIS AND ITS ORGANIZATION, WHICH IS TO PROVIDE FOR THE SPECIAL NEEDS STUDENTS AND TEACHERS IN THE PORTSMOUTH AND CHESAPEAKE SCHOOLS. GRANTS WERE PAID PURSUANT TO REQUESTS FROM EACH SCHOOL SYSTEM.Expenses $207,607 · grants $205,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 54-0761117
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1971
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $3,926,303
- Income (IRS master file)
- $222,470
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $222,437 | $207,607 | $3,926,303 | XML |
| 990 | December 2023 | $238,534 | $124,644 | $3,869,129 | XML |
| 990 | December 2022 | $432,762 | $190,753 | $3,842,545 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 54-0761117).
Questions about PORTSMOUTH & CHESAPEAKE AREA FOUNDATION
- What is the EIN of PORTSMOUTH & CHESAPEAKE AREA FOUNDATION?
- The employer identification number (EIN) of PORTSMOUTH & CHESAPEAKE AREA FOUNDATION is 54-0761117.
- Is PORTSMOUTH & CHESAPEAKE AREA FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1971.
- Are donations to PORTSMOUTH & CHESAPEAKE AREA FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PORTSMOUTH & CHESAPEAKE AREA FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PORTSMOUTH & CHESAPEAKE AREA FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PORTSMOUTH & CHESAPEAKE AREA FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of PORTSMOUTH & CHESAPEAKE AREA FOUNDATION?
- The 990 for the year ended December 31, 2024 names ANN M KIRK.
- Who are the officers and directors of PORTSMOUTH & CHESAPEAKE AREA FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does PORTSMOUTH & CHESAPEAKE AREA FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $222,437, expenses of $207,607 and total assets of $3,926,303 at year end.
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