Civic Intelligence

VMI Foundation Inc

990T • Fiscal year 2023 • EIN 54-0505966

Jul 01, 2022 to Jun 30, 2023 • Filed on Nov 15, 2022

Organization ProfileWWW.VMIALUMNI.ORG

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PO Box 932Lexington, VA 24450

(540) 464-7383

Siviq Scores

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Balance Sheet

Assets

-

No earlier filing loaded for comparison.

Net Assets

-

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses

Revenue

-

No earlier filing loaded for comparison.

Expenses

-

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800M$600M$400M$200M$0Assets 2011: $256,801,892Liabilities 2011: $4,762,877Net Assets 2011: $252,039,0152011Assets 2012: $243,910,048Liabilities 2012: $4,353,771Net Assets 2012: $239,556,2772012Assets 2013: $273,644,882Liabilities 2013: $4,649,183Net Assets 2013: $268,995,6992013Assets 2014: $308,677,731Liabilities 2014: $4,994,761Net Assets 2014: $303,682,9702014Assets 2015: $318,475,713Liabilities 2015: $6,083,656Net Assets 2015: $312,392,0572015Assets 2016: $310,449,373Liabilities 2016: $6,399,854Net Assets 2016: $304,049,5192016Assets 2017: $369,547,108Liabilities 2017: $5,915,659Net Assets 2017: $363,631,4492017Assets 2018: $397,361,347Liabilities 2018: $5,733,719Net Assets 2018: $391,627,6282018Assets 2019: $416,531,805Liabilities 2019: $6,166,460Net Assets 2019: $410,365,3452019Assets 2020: $421,257,842Liabilities 2020: $8,614,440Net Assets 2020: $412,643,4022020Assets 2021: $567,221,875Liabilities 2021: $18,036,863Net Assets 2021: $549,185,0122021Assets 2022: $539,387,112Liabilities 2022: $20,793,633Net Assets 2022: $518,593,4792022Assets 2023: $584,168,697Liabilities 2023: $20,653,079Net Assets 2023: $563,515,6182023Assets 2024: $642,086,851Liabilities 2024: $24,317,716Net Assets 2024: $617,769,1352024Assets 2025: $691,343,869Liabilities 2025: $27,922,723Net Assets 2025: $663,421,1462025

Latest loaded filing

2025

Assets$691,343,869
Liabilities$27,922,723
Net Assets$663,421,146
Open 2025 Filing

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$60M$40M$20M$0-$20MExpenses 2011: $15,713,3992011Revenue 2012: $11,727,590Expenses 2012: $16,619,933Net Income 2012: -$4,892,3432012Expenses 2013: $17,822,4062013Revenue 2014: $15,887,614Expenses 2014: $20,061,224Net Income 2014: -$4,173,6102014Revenue 2015: $25,310,898Expenses 2015: $20,612,743Net Income 2015: $4,698,1552015Revenue 2016: $17,872,352Expenses 2016: $20,040,921Net Income 2016: -$2,168,5692016Revenue 2017: $46,421,134Expenses 2017: $19,726,637Net Income 2017: $26,694,4972017Revenue 2018: $24,023,675Expenses 2018: $20,685,372Net Income 2018: $3,338,3032018Revenue 2019: $21,413,954Expenses 2019: $19,249,379Net Income 2019: $2,164,5752019Revenue 2020: $28,563,258Expenses 2020: $21,395,409Net Income 2020: $7,167,8492020Revenue 2021: $26,799,966Expenses 2021: $22,967,138Net Income 2021: $3,832,8282021Revenue 2022: $24,254,314Expenses 2022: $26,063,917Net Income 2022: -$1,809,6032022Revenue 2023: $36,993,722Expenses 2023: $27,100,301Net Income 2023: $9,893,4212023Revenue 2024: $26,268,516Expenses 2024: $25,973,445Net Income 2024: $295,0712024Revenue 2025: $26,717,885Expenses 2025: $28,632,189Net Income 2025: -$1,914,3042025

Latest loaded filing

2025

Revenue$26,717,885
Expenses$28,632,189
Net Income-$1,914,304
Open 2025 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Nov 15, 2022
Return Version
2022v7.0
Mission and Program Overview

Mission

For the advancement, promotion, encouragement, welfare and progress of virginia military institute (vmi), a state-supported college, and advancement, welfare and progress of the vmi alumni association, who also supports vmi in conjunction with alumni relations to further support.

Filing and Contact Details

Filer

Filer Name
Vmi Foundation
EIN
54-0505966
Phone
5404647383
Address
PO BOX 932, LEXINGTON, VA 24450

Signing Officer

Name
Crissy S Elliott
Title
Chief Financial Officer
Phone
5404647383
Signed
2022-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Forvis Llp
Address
901 EAST CARY STREET SUITE 1000, RICHMOND, VA 23219
Preparer
Lakrisha J Castleberry
Phone
8042827636
Raw XML Appendix121 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS1120ScheduleD/CapitalGainNetIncomeAmt070316
IRS1120ScheduleD/ExcNetSTGainOverNetLTLossAmt012397
IRS1120ScheduleD/Form4797GainOrLossAmt016044
IRS1120ScheduleD/NetCapitalGainAmt057919
IRS1120ScheduleD/NetLTCapitalGainOrLossAmt057919
IRS1120ScheduleD/NetSTCapitalGainOrLossAmt012397
IRS1120ScheduleD/TotalLTCGL1099BNotReceivedGrp/TotalGainOrLossAmt041875
IRS1120ScheduleD/TotalSTCGL1099BNotReceivedGrp/TotalGainOrLossAmt012397
IRS8949/LongTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/GainOrLossAmt041875
IRS8949/LongTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/PropertyDesc0SEE ATTACHED
IRS8949/LongTermCapitalGainAndLossGrp/TotalGainOrLossAmt041875
IRS8949/LongTermCapitalGainAndLossGrp/TransactionsNotRptedOn1099BInd0X
IRS8949/ShortTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/GainOrLossAmt012397
IRS8949/ShortTermCapitalGainAndLossGrp/CapitalGainAndLossAssetGrp/PropertyDesc0SEE ATTACHED
IRS8949/ShortTermCapitalGainAndLossGrp/TotalGainOrLossAmt012397
IRS8949/ShortTermCapitalGainAndLossGrp/TransactionsNotRptedOn1099BInd0X
IRS990T/AvlblPre2018NOLCarryoverAmt01856918
IRS990T/BooksInCareOfDetail/PersonNm0VMI FOUNDATION
IRS990T/BooksInCareOfDetail/PhoneNum05404647383
IRS990T/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 932
IRS990T/BooksInCareOfDetail/USAddress/CityNm0LEXINGTON
IRS990T/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990T/BooksInCareOfDetail/USAddress/ZIPCd024450
IRS990T/BookValueAssetsEOYAmt0584211164
IRS990T/ChangeInMethodOfAccountingInd00
IRS990T/CharitableContributionsDedAmt00
IRS990T/ForeignAccountsQuestionInd00
IRS990T/ForeignTrustQuestionInd00
IRS990T/Form990TScheduleAAttachedCnt01
IRS990T/NetOperatingLossDeductionAmt0808649
IRS990T/Organization501cCorporationInd0X
IRS990T/Organization501IndicatorGrp/Organization501cTypeTxt0c3
IRS990T/Organization501IndicatorGrp/Organization501Ind0X
IRS990T/PaidTaxLiabilityAmt00
IRS990T/Post2017NOLCarryoverGrp/AvlblPost2017NOLCarryoverAmt0867699
IRS990T/Post2017NOLCarryoverGrp/PrincipalBusinessActivityCd0900001
IRS990TScheduleA/CapitalGainNetIncomeAmt070316
IRS990TScheduleA/NetOperatingLossDeductionAmt00
IRS990TScheduleA/NetUnrelatedDebtFincdIncmAmt0135478
IRS990TScheduleA/OtherDeductionsAmt0628939
IRS990TScheduleA/PrincipalBusinessActivityCd0900001
IRS990TScheduleA/SequenceReferenceNum01
IRS990TScheduleA/SequenceTotalNum01
IRS990TScheduleA/TaxesAndLicensesAmt0134221
IRS990TScheduleA/TotalAllocableDeductionsAmt00
IRS990TScheduleA/TotalCtrlOrgDeductionAmt00
IRS990TScheduleA/TotalCtrlOrgPymtGrossIncmAmt00
IRS990TScheduleA/TotalDeductionsAmt0778774
IRS990TScheduleA/TotalDeductionSetAsidesAmt00
IRS990TScheduleA/TotalDirectAdvertisingCostAmt00
IRS990TScheduleA/TotalDividendsReceivedDedAmt00
IRS990TScheduleA/TotalGrossAdvertisingIncomeAmt00
IRS990TScheduleA/TotalGrossDebtFinancedIncmAmt0135478
IRS990TScheduleA/TotalInvestmentIncomeAmt00
IRS990TScheduleA/TotalPrtshpSCorpIncomeAmt01381629
IRS990TScheduleA/TotalRentDeductionsAmt00
IRS990TScheduleA/TotalRentIncomeAmt00
IRS990TScheduleA/TotalUnrelatedBusinessCompAmt00
IRS990TScheduleA/TotExcessReadershipCostsDedAmt00
IRS990TScheduleA/TotNetUnrltTrdBusIncmAmt01587423
IRS990TScheduleA/TotUnrltTrdBusIncmAmt01587423
IRS990TScheduleA/TotUnrltTrdBusIncmExpnssAmt00
IRS990TScheduleA/TradeOrBusinessDesc0PASSTHROUGH INCOME FROM INVESTMENTS
IRS990TScheduleA/UBIBeforeNOLDedAmt0808649
IRS990TScheduleA/UnrelatedBusinessTaxblIncmAmt0808649
IRS990TScheduleA/UnrelatedDebtFinancedPropGrp/AllocableDeductionAmt00
IRS990TScheduleA/UnrelatedDebtFinancedPropGrp/AverageAcquisitionAdjBasisPct01.00000
IRS990TScheduleA/UnrelatedDebtFinancedPropGrp/AverageAcquisitionDebtAmt01
IRS990TScheduleA/UnrelatedDebtFinancedPropGrp/AverageAdjustedBasisAmt01
IRS990TScheduleA/UnrelatedDebtFinancedPropGrp/GrossIncomeAmt0135478
IRS990TScheduleA/UnrelatedDebtFinancedPropGrp/GrossIncomeReportableAmt0135478
IRS990TScheduleA/UnrelatedDebtFinancedPropGrp/OtherDebtFinancedDeductionAmt00
IRS990TScheduleA/UnrelatedDebtFinancedPropGrp/StraightLineDepreciationDedAmt00
IRS990TScheduleA/UnrelatedDebtFinancedPropGrp/USAddress/AddressLine1Txt0PO BOX 932
IRS990TScheduleA/UnrelatedDebtFinancedPropGrp/USAddress/CityNm0LEXINGTON
IRS990TScheduleA/UnrelatedDebtFinancedPropGrp/USAddress/StateAbbreviationCd0VA
IRS990TScheduleA/UnrelatedDebtFinancedPropGrp/USAddress/ZIPCd024450
IRS990T/SpecificDeductionAmt01000
IRS990T/SubsidiaryCorporationInd00
IRS990T/TaxableCorporationAmt00
IRS990T/TaxLessCreditsAmt00
IRS990T/TotalDeductionAmt01000
IRS990T/TotalTaxAmt00
IRS990T/TotalTaxComputationAmt00
IRS990T/TotalUBTIAmt00
IRS990T/TotalUBTIBeforeNOLSpecificAmt0808649
IRS990T/TotalUBTIComputedAmt0808649
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CRISSY S ELLIOTT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHIEF FINANCIAL OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum05404647383
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VMI FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0VMIF
ReturnHeader/Filer/EIN0540505966
ReturnHeader/Filer/PhoneNum05404647383
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 932
ReturnHeader/Filer/USAddress/CityNm0LEXINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd024450
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0440160260
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FORVIS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0901 EAST CARY STREET SUITE 1000
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RICHMOND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd023219
ReturnHeader/PreparerPersonGrp/PhoneNum08042827636
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LAKRISHA J CASTLEBERRY
ReturnHeader/ReturnTs02023-11-15T13:35:18-06:00
ReturnHeader/ReturnTypeCd0990T
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CRISSY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0ELLIOTT
ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990TFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
-
Liabilities
-
Net assets
-
Revenue
-
Expenses
-
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Summary only. Only limited summary data is available for this year.$691$27.9$663$26.7$28.6$1.91
2024Summary only. Only limited summary data is available for this year.$642$24.3$618$26.3$26.0$0.30
2023Summary only. Only limited summary data is available for this year.$584$20.7$564$37.0$27.1$9.89
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.
2022Summary only. Only limited summary data is available for this year.$539$20.8$519$24.3$26.1$1.81
2021Summary only. Only limited summary data is available for this year.$567$18.0$549$26.8$23.0$3.83
2020Summary only. Only limited summary data is available for this year.$421$8.61$413$28.6$21.4$7.17
2019Summary only. Only limited summary data is available for this year.$417$6.17$410$21.4$19.2$2.16
2018Summary only. Only limited summary data is available for this year.$397$5.73$392$24.0$20.7$3.34
2017Summary only. Only limited summary data is available for this year.$370$5.92$364$46.4$19.7$26.7
2016Summary only. Only limited summary data is available for this year.$310$6.40$304$17.9$20.0$2.17
2015Summary only. Only limited summary data is available for this year.$318$6.08$312$25.3$20.6$4.70
2014Summary only. Only limited summary data is available for this year.$309$4.99$304$15.9$20.1$4.17
2013Summary only. Only limited summary data is available for this year.$274$4.65$269$17.8
2012Summary only. Only limited summary data is available for this year.$244$4.35$240$11.7$16.6$4.89
2011Summary only. Only limited summary data is available for this year.$257$4.76$252$15.7