Liabilities / Assets
78th percentile
Higher debt load relative to assets than 78% of similar nonprofits.
990 • Fiscal year 2016 • EIN 54-0836195
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
78th percentile
Higher debt load relative to assets than 78% of similar nonprofits.
Liabilities / Revenue
77th percentile
Higher debt load relative to revenue than 77% of similar nonprofits.
Net Margin
39th percentile
Higher net margin than 39% of similar nonprofits.
Top Officer Pay
88th percentile
Higher top officer pay than 88% of similar nonprofits.
Top officer pay equals 5.4% of source-year revenue.
Asset Growth
8th percentile
Faster asset growth than 8% of similar nonprofits.
Revenue Growth
66th percentile
Faster revenue growth than 66% of similar nonprofits.
Assets
Down$11,334,314
Down $1,451,922 (-11%) from 2015
Net Assets
Up$4,442,714
Up $14,985 (+0.3%) from 2015
Liabilities
Down$6,891,600
Down $1,466,907 (-18%) from 2015
Revenue
Up$7,850,894
Up $645,713 (+9.0%) from 2015
Expenses
Up$7,835,909
Up $631,494 (+8.8%) from 2015
Net Income
Up$14,985
Up $14,219 (+1856%) from 2015
To own and operate bookstores and provide other services for the use and benefit of students, faculty, staff, and alumni of virginia polytechnic institute and state university and to transfer, as the board of directors may determine, any surplus funds to the university or the virginia tech foundation, inc. For allocation and use by the university, as the president of the university and board of visitors deem appropriate.
To own and operate bookstores and other services for the use and benefit of students, faculty, staff, and alumni on or near the campus of va polytechnic & state university.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Inventories for Sale or Use | $7,094,897 | $5,498,674 | ▼ $1,596,223 |
| Savings and Temporary Cash Investments | $2,320,752 | $2,409,692 | ▲ $88,940 |
| Land, Buildings, and Equipment, Net | $1,878,438 | $1,613,383 | ▼ $265,055 |
| Cash and Non-Interest-Bearing Accounts | $871,984 | $933,822 | ▲ $61,838 |
| Prepaid Expenses and Deferred Charges | $329,420 | $496,188 | ▲ $166,768 |
| Accounts Receivable | $242,529 | $364,038 | ▲ $121,509 |
| Other Notes and Loans Receivable, Net | $0 | $0 | → $0 |
| Pledges and Grants Receivable | $0 | $0 | → $0 |
| Receivable From Disqualified Prsn | $0 | $0 | → $0 |
| Receivables From Officers Etc | $0 | $0 | → $0 |
| Investments Other Securities | $0 | $0 | → $0 |
| Investments Program Related | $0 | $0 | → $0 |
| Investments in Publicly Traded Securities | $0 | $0 | → $0 |
| Intangible Assets | $0 | $0 | → $0 |
| Loans From Officers Directors | $0 | $0 | → $0 |
| Total Assets | $12,786,236 | $11,334,314 | ▼ $1,451,922 |
| Other Assets Total | $48,216 | $18,517 | ▼ $29,699 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $6,728,789 | $5,009,035 | ▼ $1,719,754 |
| Mortgage Notes Payable Secured by Investment Property | $1,354,718 | $1,155,565 | ▼ $199,153 |
| Grants Payable | $275,000 | $727,000 | ▲ $452,000 |
| Unsecured Notes Loans Payable | $0 | $0 | → $0 |
| Other Liabilities | $0 | $0 | → $0 |
| Deferred Revenue | $0 | $0 | → $0 |
| Escrow Account Liability | $0 | $0 | → $0 |
| Tax Exempt Bond Liabilities | $0 | $0 | → $0 |
| Total Liabilities | $8,358,507 | $6,891,600 | ▼ $1,466,907 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $4,427,729 | $4,442,714 | ▲ $14,985 |
| Permanently Rstr Net Assets | $0 | $0 | → $0 |
| Temporarily Rstr Net Assets | $0 | $0 | → $0 |
| Total Net Assets Fund Balance | $4,427,729 | $4,442,714 | ▲ $14,985 |
| Total Liabilities and Net Assets / Fund Balance | $12,786,236 | $11,334,314 | ▼ $1,451,922 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Leasehold Improvements | $773,900 | $3,462,663 | $4,236,563 |
| Equipment | $839,483 | $2,963,446 | $3,802,929 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Donald J Williams | Executive Director | FT | $189,660 | $15,581 | $205,241 |
| Wanda Smith | Vice Chair | - | - | $140,268 | $140,268 |
| Margarita Mcgrath | Director | - | - | $78,634 | $78,634 |
| Name | Title |
|---|---|
| Bernard W Taylor Iii | Chair |
| Bill Carstensen Jr | Vice Chair |
| Arthur J Keown | Director |
| Debra Salbador | Director |
| Fred Benfield | Director |
| M Dwight Shelton Jr | Director |
| Mark Mcnamee | Director |
| Patricia a Perillo | Director |
| Taylor Liverman | Director |
| Thanassis Rikakis | Director |
| John E Dooley | Secretary-treasurer |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| None | - | - | - |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $4,082,432 |
| Other Expenses | $3,026,477 |
| Grants and Similar Amounts Paid | $727,000 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $2,268,135 | $825,448 | - | $3,093,583 |
| Occupancy | $830,932 | - | - | $830,932 |
| Grants to Domestic Orgs | $727,000 | - | - | $727,000 |
| Depreciation Depletion | $272,807 | $174,528 | - | $447,335 |
| Other Employee Benefits | $179,208 | $145,373 | - | $324,581 |
| Information Technology | $55,937 | $229,218 | - | $285,155 |
| Advertising | $1,639 | $253,828 | - | $255,467 |
| Payroll Taxes | $165,120 | $69,139 | - | $234,259 |
| Current Officers, Directors, Trustees, and Key Employees | - | $224,606 | - | $224,606 |
| Office Expenses | $149,687 | $59,390 | - | $209,077 |
| Pension Plan Contributions | $104,207 | $101,196 | - | $205,403 |
| Other Expenses | $92,238 | $16,721 | - | $108,959 |
| Fees for Services Accounting | - | $79,215 | - | $79,215 |
| Insurance | $56,069 | $17,143 | - | $73,212 |
| Fees for Services Other | $1,850 | $68,914 | - | $70,764 |
| Interest | - | $40,068 | - | $40,068 |
| Travel | $14,230 | $18,674 | - | $32,904 |
| All Other Expenses | $18,848 | $152 | - | $19,000 |
| Conferences and Meetings | $7,169 | $3,654 | - | $10,823 |
| Fees for Services Legal | - | $2,293 | - | $2,293 |
| Total Functional Expenses | $5,449,224 | $2,386,685 | $0 | $7,835,909 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $7,835,909 |
| Total Expenses per Audited Statements | $7,835,909 |
| Total Expenses per Form 990 | $7,835,909 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Virginia Tech Foundation Inc | Blacksburg, VA | 501(c)(3) | See Part Iv | $727,000 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Loans from Officers, Directors, Trustees, and Key Employees | $0 | $0 | → $0 |
| Receivables from Disqualified Persons | $0 | $0 | → $0 |
| Receivables from Officers, Directors, Trustees, and Key Employees | $0 | $0 | → $0 |
“The Form 990 was prepared by KPMG LLP. THE FORM 990 WAS FULLY REVIEWED BY THE CORPORATE MANAGEMENT (THE EXECUTIVE DIRECTOR AND CONTROLLER), PROVIDED TO THE EXECUTIVE COMMITTEE IN ELECTRONIC FORMAT, APPROVED BY THE EXECUTIVE COMMITTEE, AND THEN PROVIDED TO THE FULL BOARD OF DIRECTORS IN ELECTRONIC FORMAT, PRIOR TO BEING FILED WITH THE IRS. IN ADDITION, THE FORM 990 WAS PREPARED AND FULLY REVIEWED BY KPMG LLP.”
“The corporation has a written conflict of interest policy. The corporation distributes a conflict of interest acknowledgement and disclosure form to all directors, officers, and full-time employees on an annual basis. All directors, officers, and full-time employees complete, sign, and submit this acknowledgement and disclosure form to the corporation annually. All forms are reviewed by management.”
“The corporation does not make its governing documents, conflict of interest or financial statements available to the public.”
“The corporation is a tax exempt organization under section 501(c)(3) of the internal revenue code and is, therefore, not generally subject to income taxes under present tax laws. Management of virginia tech services, inc. Believes that any income tax liability resulting from unrelated business income for the years ended june 30, 2016 and june 30, 2015 would not have a significant impact on the corporation's changes in unrestricted net assets. The corporation has analyzed filing positions in the federal and state jurisidctions where it is required to file income tax returns, including its status as a tax-exempt organization, and no reserves for uncertain tax positions, nor interest and penalties, have been recorded in these financial statements. The only periods subject to examination are the 2012 through 2015 tax years.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 6728789 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 5009035 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 242529 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 364038 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | TO OWN AND OPERATE BOOKSTORES AND OTHER SERVICES FOR THE USE AND BENEFIT OF STUDENTS, FACULTY, STAFF, AND ALUMNI ON OR NEAR THE CAMPUS OF VA POLYTECHNIC & STATE UNIVERSITY. |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 253828 |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 1639 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 255467 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 152 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 18848 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 19000 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BenefitsToMembersGrp/TotalAmt | 0 | 0 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | ODIE FTHENOS |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 5402315991 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 115 KENT STREET |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | BLACKSBURG |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | VA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 240610407 |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 871984 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 933822 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 224606 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 224606 |
| IRS990/CompDisqualPersonsGrp/TotalAmt | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt | 0 | 3654 |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 7169 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 10823 |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | true |
| IRS990/ContractorCompensationGrp/ContractorName/PersonNm | 0 | None |
| IRS990/CostOfGoodsSoldAmt | 0 | 16547176 |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 727000 |
| IRS990/CYInvestmentIncomeAmt | 0 | 24482 |
| IRS990/CYOtherExpensesAmt | 0 | 3026477 |
| IRS990/CYOtherRevenueAmt | 0 | 7826412 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 14985 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 4082432 |
| IRS990/CYTotalExpensesAmt | 0 | 7835909 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 7850894 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 0 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 174528 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 272807 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 447335 |
| IRS990/Desc | 0 | OPERATIONS OF UNIVERSITY BOOKSTORE ON VIRGINIA TECH CAMPUS, THE OBJECTIVE OF WHICH IS TO BENEFIT THE STUDENTS, FACULTY, AND STAFF OF VIRGINIA POLYTECHNIC INSTITUTE AND STATE UNIVERSITY. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 762 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/EscrowAccountLiabilityGrp/BOYAmt | 0 | 0 |
| IRS990/EscrowAccountLiabilityGrp/EOYAmt | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 2277621 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 79215 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 79215 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 2293 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 2293 |
| IRS990/FeesForServicesLobbyingGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 68914 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 1850 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 70764 |
| IRS990/FeesForServicesProfFundraising/TotalAmt | 0 | 0 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignGrantsGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 37.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 37.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 39.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 3 | 39.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 4 | 39.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 5 | 37.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 6 | 39.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 7 | 39.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 8 | 39.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 9 | 37.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 10 | 39.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 11 | 39.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 12 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 13 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 3.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 3.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 3.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 3.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 13 | 40.0 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 11 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 12 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 38039 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 13311 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 7924 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 18325 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 27940 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 17376 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 21719 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 15221 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 92519 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 29551 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 12266 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 15581 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | BERNARD W TAYLOR III |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | WANDA SMITH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | MARGARITA MCGRATH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | FRED BENFIELD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | MARK MCNAMEE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | BILL CARSTENSEN JR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | PATRICIA A PERILLO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | DEBRA SALBADOR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | M DWIGHT SHELTON JR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | JOHN E DOOLEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | ARTHUR J KEOWN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | THANASSIS RIKAKIS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | TAYLOR LIVERMAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | DONALD J WILLIAMS |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 189660 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 294120 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 126957 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 70710 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 139213 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 376374 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 167240 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 248120 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 166718 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 327955 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 276517 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 149257 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VICE CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Vice Chair |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | SECRETARY-TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | EXECUTIVE DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/Form990TFiledInd | 0 | true |
| IRS990/FormationYr | 0 | 1968 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GainOrLossGrp/OtherAmt | 0 | 344 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 11 |
| IRS990/GrantsPayableGrp/BOYAmt | 0 | 275000 |
| IRS990/GrantsPayableGrp/EOYAmt | 0 | 727000 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 727000 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 727000 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | true |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossAmountSalesAssetsGrp/OtherAmt | 0 | 344 |
| IRS990/GrossReceiptsAmt | 0 | 24398070 |
| IRS990/GrossSalesOfInventoryAmt | 0 | 23060263 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | true |
| IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 2 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 229218 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 55937 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 285155 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 17143 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 56069 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 73212 |
| IRS990/IntangibleAssetsGrp/BOYAmt | 0 | 0 |
| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 0 |
| IRS990/InterestGrp/ManagementAndGeneralAmt | 0 | 40068 |
| IRS990/InterestGrp/TotalAmt | 0 | 40068 |
| IRS990/InventoriesForSaleOrUseGrp/BOYAmt | 0 | 7094897 |
| IRS990/InventoriesForSaleOrUseGrp/EOYAmt | 0 | 5498674 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 24138 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 24138 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt | 0 | 0 |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/BOYAmt | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 9 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 6426109 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 1878438 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 1613383 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 8039492 |
| IRS990/LegalDomicileStateCd | 0 | VA |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LoansFromOfficersDirectorsGrp/BOYAmt | 0 | 0 |
| IRS990/LoansFromOfficersDirectorsGrp/EOYAmt | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | TO OWN AND OPERATE BOOKSTORES AND OTHER SERVICES FOR THE USE AND BENEFIT OF STUDENTS, FACULTY, STAFF, AND ALUMNI OF VIRGINIA POLYTECHNIC INSTITUTE AND STATE UNIVERSITY AND TO TRANSFER AS THE BOARD OF DIRECTORS MAY DETERMINE, ANY SUPRLUS FUNDS TO THE UNIVERSITY OR THE VIRGINIA TECH FOUNDATION, INC. FOR ALLOCATION AND USE BY THE UNIVERSITY AS THE PRESIDENT AND BOARD OF VISITORS DEEM APPROPRIATE. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 1354718 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 1155565 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 4427729 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 4442714 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | 344 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 344 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt | 0 | 5912815 |
| IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 6513087 |
| IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt | 0 | 600272 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | -161368 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 830932 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 830932 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 59390 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 149687 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 209077 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 48216 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 18517 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 145373 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 179208 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 324581 |
| IRS990/OtherExpensesGrp/Desc | 0 | CREDIT CARD SERVICE CHARGES |
| IRS990/OtherExpensesGrp/Desc | 1 | LIGHTS AND POWER |
| IRS990/OtherExpensesGrp/Desc | 2 | TRUCK/AUTO |
| IRS990/OtherExpensesGrp/Desc | 3 | MISCELLANEOUS |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 27560 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 29565 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 16721 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 357523 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 139495 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 7130 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 92238 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 357523 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 167055 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 36695 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 108959 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 1 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | VENDING FEES |
| IRS990/OtherRevenueMiscGrp/Desc | 1 | MISCELLANEOUS |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 1177954 |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 1 | 135371 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 1177954 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 1 | 135371 |
| IRS990/OtherRevenueTotalAmt | 0 | 1313325 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 825448 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 2268135 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 3093583 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 0 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 0 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PaymentsToAffiliatesGrp/TotalAmt | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 69139 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 165120 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 234259 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 101196 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 104207 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 205403 |
| IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt | 0 | 0 |
| IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt | 0 | 0 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 0 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 329420 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 496188 |
| IRS990/PrincipalOfficerNm | 0 | DONALD J WILLIAMS |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | CONTRIBUTION TO VIRGINIA TECH FOUNDATION, INC FOR USE BY THE UNIVERSITY PRESIDENT AND BOARD OF VISITORS FOR THE BENEFIT OF THE STUDENTS AND FACULTY. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 727000 |
| IRS990/ProgSrvcAccomActy2Grp/GrantAmt | 0 | 727000 |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | OPERATION OF VOLUME TWO BOOKSTORE, THE OBJECTIVE OF WHICH IS TO BENEFIT THE STUDENTS, FACULTY, AND STAFF OF VIRGINIA POLYTECHNIC INSTITUTE AND STATE UNIVERSITY. |
| IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt | 0 | 1000076 |
| IRS990/ProgSrvcAccomActy3Grp/RevenueAmt | 0 | 1235590 |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | OPERATION OF DIETRCIK CONVENIENCE STORE |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 1 | OPERATION OF VENDING SERVICES |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 2 | OPERATION OF HOKIE CENTRIC STORE |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 3 | OPERATION OF STARBUCKS COFFEE STORE |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 4 | OPERATION OF SQUIRES CONVENIENCE STORE |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 5 | MISCELLANEOUS INCOME - NET |
| IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt | 0 | 440064 |
| IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt | 1 | 144034 |
| IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt | 2 | 406133 |
| IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt | 3 | 425701 |
| IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt | 4 | 28595 |
| IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt | 5 | 0 |
| IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt | 0 | 492956 |
| IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt | 1 | 1177954 |
| IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt | 2 | 286657 |
| IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt | 3 | 0 |
| IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt | 4 | 12038 |
| IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt | 5 | 135371 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 275000 |
| IRS990/PYInvestmentIncomeAmt | 0 | 17012 |
| IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 2917028 |
| IRS990/PYOtherRevenueAmt | 0 | 7188169 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 766 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 4012387 |
| IRS990/PYTotalExpensesAmt | 0 | 7204415 |
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Displayed year
2016 • Form 990Detailed filing. Detailed filing data is available for this year.