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Nonprofit · EIN 47-5401767

AMBASSADOR CLUB FOUNDATION OF PORTSMOUTH VIRGINIA

Tax-exempt · PORTSMOUTH, VA 23707

Financials

$42K$45K2023
Revenue Expenses · by fiscal year end
Financials of AMBASSADOR CLUB FOUNDATION OF PORTSMOUTH VIRGINIA by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990-EZ$42,373$45,010-$2,637$6,331–$6,331
Financial details: 990-EZ for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$14,743
Program service revenue
$27,370
Investment income
$1
Net income from fundraising events
$259

Expenses

Grants and similar amounts paid
$3,000
Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$8,258
Occupancy
$30,562
Other expenses
$3,190
Program services (functional)
$40,898

Balance sheet and other

Total assets, start of year
$8,968
Total assets, end of year
$6,331
Total liabilities, end of year
–
Net assets, end of year
$6,331
Cash, savings and investments
$6,331
Gross receipts
$43,670

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-EZ for the year ended December 31, 2023, highest compensation first.

NameTitleHours / weekCompensation
Wayne SmithPresident4$0
Greg ParsonsSecretary2$0
Carl ClementsTreasurer3$0
Tom HundleyDirector2$0
Ron LawsonDirector2$0
Stuart WellsDirector2$0

Address and contacts

Address (IRS master file)
PO BOX 7368, PORTSMOUTH, VA 23707-0368
In care of
% ROBERT WAYNE SMITH
Mailing address (990-N for 2025)
PO Box 7368, Portsmouth VA 23707
Principal officer (990-N for 2025)
Carl Clements, 4500 Wake Forst Rd, Portsmouth VA 23703
Signed the 990-EZ
Carl Clements, Treasurer
Phone
(757) 235-4813
Return prepared by
W F Robins III PC CPA

Mission

The Foundation exists to support the Ambassador Club of Portsmouth VA which is a social organization commited to strengthening the community through public service and charity.

990-EZ for the year ended December 31, 2023

Program accomplishments

  • Maintain building which houses the AmbassadorClub of Portsmouth VA
    Expenses $37,898
  • Charitable Donations - Christmas Needy (various individuals/organizations are aided during the holiday season), charitable gifts made to Portsmouthcharities, and scholarships made to 3 individuals.
    Expenses $3,000 · grants $3,000

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-N on file
2024December 31, 2024May 15, 2025990-N on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
47-5401767
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
2016
Accounting year ends
December
Files
Form 990-N (e-Postcard)

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2025
Officer: Carl Clements
December 31, 2025≤ $50,000 receipts––e-Postcard
990-N for 2024
Officer: Carl Clements
December 31, 2024≤ $50,000 receipts––e-Postcard
990-EZDecember 2023$42,373$45,010$6,331XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-N for 2018
Officer: Carl Clements
December 31, 2018≤ $50,000 receipts––e-Postcard

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 47-5401767).

Questions about AMBASSADOR CLUB FOUNDATION OF PORTSMOUTH VIRGINIA

What is the EIN of AMBASSADOR CLUB FOUNDATION OF PORTSMOUTH VIRGINIA?
The employer identification number (EIN) of AMBASSADOR CLUB FOUNDATION OF PORTSMOUTH VIRGINIA is 47-5401767.
Is AMBASSADOR CLUB FOUNDATION OF PORTSMOUTH VIRGINIA tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
Are donations to AMBASSADOR CLUB FOUNDATION OF PORTSMOUTH VIRGINIA tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does AMBASSADOR CLUB FOUNDATION OF PORTSMOUTH VIRGINIA file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of AMBASSADOR CLUB FOUNDATION OF PORTSMOUTH VIRGINIA due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did AMBASSADOR CLUB FOUNDATION OF PORTSMOUTH VIRGINIA last file with the IRS?
The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
Who is the principal officer of AMBASSADOR CLUB FOUNDATION OF PORTSMOUTH VIRGINIA?
The 990-N for 2025 names Carl Clements.
Who are the officers and directors of AMBASSADOR CLUB FOUNDATION OF PORTSMOUTH VIRGINIA?
The 990-EZ for the year ended December 31, 2023 lists 6 people; 0 received compensation from the organization.
How much revenue does AMBASSADOR CLUB FOUNDATION OF PORTSMOUTH VIRGINIA have?
On its 990-EZ for the year ended December 31, 2023 it reported revenue of $42,373, expenses of $45,010 and total assets of $6,331 at year end.

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