Civic Intelligence

Virginia Tech Services Inc.

990 • Fiscal year 2019 • EIN 54-0836195

Jul 01, 2018 to Jun 30, 2019 • Filed on Mar 17, 2020

Organization ProfileWWW.BOOKSTORE.VT.EDU

View Organization Page

801 University City Blvd No 22Blacksburg, VA 24060

(540) 231-5991

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

66th percentile

0.38x

Higher debt load relative to assets than 66% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

64th percentile

0.40x

Higher debt load relative to revenue than 64% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

28th percentile

-2.2%

Higher net margin than 28% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

90th percentile

$473,620

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 7.6% of source-year revenue.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

3rd percentile

-25%

Faster asset growth than 3% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

15th percentile

-18%

Faster revenue growth than 15% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets66th percentile

Assets

Down

$6,602,039

Down $2,160,243 (-25%) from 2018

Net Assets

Down

$4,080,353

Down $96,235 (-2.3%) from 2018

Liabilities

Down

$2,521,686

Down $2,064,008 (-45%) from 2018

Revenue And Expenses
Liabilities / Revenue64th percentileNet Margin28th percentile

Revenue

Down

$6,269,268

Down $1,383,050 (-18%) from 2018

Expenses

Down

$6,409,136

Down $1,216,313 (-16%) from 2018

Net Income

Down

-$139,868

Down $166,737 (-621%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth3rd percentile

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

$15M$10M$5.0M$0Assets 2010: $12,549,294Liabilities 2010: $8,341,331Net Assets 2010: $4,207,9632010Assets 2011: $11,815,402Liabilities 2011: $7,597,233Net Assets 2011: $4,218,1692011Assets 2012: $11,101,317Liabilities 2012: $6,796,812Net Assets 2012: $4,304,5052012Assets 2013: $12,415,625Liabilities 2013: $8,018,894Net Assets 2013: $4,396,7312013Assets 2014: $10,512,858Liabilities 2014: $6,085,895Net Assets 2014: $4,426,9632014Assets 2015: $12,786,236Liabilities 2015: $8,358,507Net Assets 2015: $4,427,7292015Assets 2016: $11,334,314Liabilities 2016: $6,891,600Net Assets 2016: $4,442,7142016Assets 2017: $10,594,992Liabilities 2017: $6,445,273Net Assets 2017: $4,149,7192017Assets 2018: $8,762,282Liabilities 2018: $4,585,694Net Assets 2018: $4,176,5882018Assets 2019: $6,602,039Liabilities 2019: $2,521,686Net Assets 2019: $4,080,3532019Assets 2020: $7,310,978Liabilities 2020: $2,332,634Net Assets 2020: $4,978,3442020Assets 2021: $7,380,214Liabilities 2021: $2,301,639Net Assets 2021: $5,078,5752021Assets 2022: $8,676,644Liabilities 2022: $2,789,432Net Assets 2022: $5,887,2122022Assets 2023: $11,449,228Liabilities 2023: $4,068,753Net Assets 2023: $7,380,4752023Assets 2024: $12,869,418Liabilities 2024: $3,522,344Net Assets 2024: $9,347,0742024Assets 2025: $10,469,318Liabilities 2025: $65,247Net Assets 2025: $10,404,0712025

Highlighted filing

2019

Assets$6,602,039
Liabilities$2,521,686
Net Assets$4,080,353
Open 2019 Filing

Operations Trend

Revenue Growth15th percentile

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

$10M$5.0M$0-$5.0MExpenses 2010: $7,321,8052010Expenses 2011: $7,532,5462011Expenses 2012: $7,151,9882012Revenue 2013: $7,178,965Expenses 2013: $7,086,739Net Income 2013: $92,2262013Revenue 2014: $7,044,739Expenses 2014: $7,014,507Net Income 2014: $30,2322014Revenue 2015: $7,205,181Expenses 2015: $7,204,415Net Income 2015: $7662015Revenue 2016: $7,850,894Expenses 2016: $7,835,909Net Income 2016: $14,9852016Revenue 2017: $7,381,170Expenses 2017: $7,674,165Net Income 2017: -$292,9952017Revenue 2018: $7,652,318Expenses 2018: $7,625,449Net Income 2018: $26,8692018Revenue 2019: $6,269,268Expenses 2019: $6,409,136Net Income 2019: -$139,8682019Revenue 2020: $4,172,135Expenses 2020: $3,438,117Net Income 2020: $734,0182020Revenue 2021: $2,530,562Expenses 2021: $2,430,331Net Income 2021: $100,2312021Revenue 2022: $3,908,616Expenses 2022: $3,036,778Net Income 2022: $871,8382022Revenue 2023: $4,249,842Expenses 2023: $2,881,427Net Income 2023: $1,368,4152023Revenue 2024: $4,533,795Expenses 2024: $2,886,518Net Income 2024: $1,647,2772024Revenue 2025: $2,408,417Expenses 2025: $1,673,273Net Income 2025: $735,1442025

Highlighted filing

2019

Revenue$6,269,268
Expenses$6,409,136
Net Income-$139,868
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Mar 17, 2020
Return Version
2018v3.1
Gross Receipts
$18,750,290
Mission and Program Overview

Mission

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 institute & state university.

Balance Sheet Detail
LineBeginningEndChange
Assets
Inventories for Sale or Use$4,307,271$0▼ $4,307,271
Savings and Temporary Cash Investments$2,103,395$2,151,315▲ $47,920
Cash and Non-Interest-Bearing Accounts$563,605$2,058,962▲ $1,495,357
Accounts Receivable$140,769$1,133,957▲ $993,188
Land, Buildings, and Equipment, Net$1,225,793$942,598▼ $283,195
Prepaid Expenses and Deferred Charges$387,718$209,285▼ $178,433
Total Assets$8,762,282$6,602,039▼ $2,160,243
Other Assets Total$33,731$105,922▲ $72,191
Liabilities
Deferred Revenue-$870,833-
Accounts Payable and Accrued Expenses$3,189,075$802,069▼ $2,387,006
Grants Payable$575,000$765,000▲ $190,000
Mortgage Notes Payable Secured by Investment Property$737,835--
Other Liabilities$83,784$83,784→ $0
Total Liabilities$4,585,694$2,521,686▼ $2,064,008
Net Assets / Fund Balance
Unrestricted Net Assets$4,176,588$4,080,353▼ $96,235
Total Net Assets Fund Balance$4,176,588$4,080,353▼ $96,235
Total Liabilities and Net Assets / Fund Balance$8,762,282$6,602,039▼ $2,160,243

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$806,907$3,966,657$4,773,564
Equipment$135,691$2,864,476$3,000,167
Compensation and Service Providers
Top Officer Pay90th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Donald J WilliamsExecutive DirectorFT$198,450$38,384$236,834
Dr Sheila Carter-todDirector--$140,864$140,864
Dr Ann-marie KnoblauchVice Chair--$128,588$128,588
Dr Patti J FisherDirector--$120,307$120,307
Dr Timothy BairdDirector--$112,591$112,591

Board Members and Trustees

NameTitle
Dr Arthur J KeownChair
Dr Cyril R ClarkeDirector
Dr Dwayne L PinkneyDirector
Dr Ronald D Fricker JrDirector
Dr Sarah E SteinDirector
Ms Maria AvagyanDirector
Patricia a PerilloDirector
Dr John E DooleySecretary-treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$28,328
Other Revenue
$6,240,940
Change in Net Assets
$-139,868

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,269,268
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$6,269,268
Total Revenue per Form 990
$6,269,268
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,249,317
Other Expenses$2,394,819
Grants and Similar Amounts Paid$765,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,024,036$475,376-$2,499,412
Occupancy$854,134--$854,134
Grants to Domestic Orgs$765,000--$765,000
Current Officers, Directors, Trustees, and Key Employees-$236,834-$236,834
Payroll Taxes$153,557$66,396-$219,953
Pension Plan Contributions$88,587$101,747-$190,334
Depreciation Depletion$158,460$11,527-$169,987
Fees for Services Accounting$450$154,730-$155,180
Office Expenses$109,621$29,522-$139,143
Advertising$24$130,671-$130,695
Other Employee Benefits$182,055$-79,271-$102,784
Other Expenses$23,516$56,730-$80,246
Insurance$55,660$18,277-$73,937
Interest-$16,591-$16,591
Conferences and Meetings$4,811$7,176-$11,987
All Other Expenses$4,416$3,212-$7,628
Travel$494$4,416-$4,910
Total Functional Expenses$4,905,655$1,503,481$0$6,409,136

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$6,409,136
Total Expenses per Audited Statements$6,409,136
Total Expenses per Form 990$6,409,136
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Virginia Tech Foundation IncBlacksburg, VA501 (c)(3)See Part Iv$765,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Construction Allowances$83,784
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The form 990 was prepared and fully reviewed by brown edwards & company, 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.”

Form 990, Part VI, Section B, Line 12C

“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.”

Form 990, Part VI, Section B, Line 15A

“The board sets the compensation of the executive director. Approvals in salary are approved through voting of the board.”

Form 990, Part VI, Section C, Line 19

“The corporation does not make its governing documents, conflicts of interest or financial statements available to the public.”

Filing and Contact Details

Filer

Filer Name
Virginia Tech Services Inc
EIN
54-0836195
Phone
5402315991
Address
801 UNIVERSITY CITY BLVD NO 22, BLACKSBURG, VA 24060

Signing Officer

Name
Donald J Williams
Title
Executive Director
Phone
5402315991
Signed
2020-03-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Donald J Williams
Formed
1968
Legal Domicile
Va
Voting Board Members
12
Independent Board Members
2
Employees
800
Volunteers
0

Preparer

Firm
Brown Edwards & Company Llp
Address
319 MCCLANAHAN STREET SW, ROANOKE, VA 24014
Preparer
Jeffrey G Barbour
Phone
5403450936
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“This process has not changed from prior year.”

Financial Statement Notes

PART X, LINE 2:

“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, 2019 and 2018 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 jurisdictions 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.”

Raw XML AppendixShowing 400 of 729 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.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt11274783
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY-TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12EXECUTIVE DIRECTOR
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IRS990/Form990TFiledInd01
IRS990/FormationYr01968
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-22402
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantsPayableGrp/BOYAmt0575000
IRS990/GrantsPayableGrp/EOYAmt0765000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0765000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0765000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt018750290
IRS990/GrossRentsGrp/RealAmt021900
IRS990/GrossSalesOfInventoryAmt016467532
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt02
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt018277
IRS990/InsuranceGrp/ProgramServicesAmt055660
IRS990/InsuranceGrp/TotalAmt073937
IRS990/InterestGrp/ManagementAndGeneralAmt016591
IRS990/InterestGrp/TotalAmt016591
IRS990/InventoriesForSaleOrUseGrp/BOYAmt04307271
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt050730
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt050730
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt017
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt06831133
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01225793
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0942598
IRS990/LandBldgEquipCostOrOtherBssAmt07773731
IRS990/LegalDomicileStateCd0VA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt022402
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/ExclusionAmt0109756
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt0109756
IRS990/MissionDesc0TO 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 SURPLUS 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/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0737835
IRS990/NetAssetsOrFundBalancesBOYAmt04176588
IRS990/NetAssetsOrFundBalancesEOYAmt04080353
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-22402
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-22402
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt03626123
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt04008912
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt0382789
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt021900
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt021900
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0854134
IRS990/OccupancyGrp/TotalAmt0854134
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt029522
IRS990/OfficeExpensesGrp/ProgramServicesAmt0109621
IRS990/OfficeExpensesGrp/TotalAmt0139143
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt033731
IRS990/OtherAssetsTotalGrp/EOYAmt0105922
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0-79271
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0182055
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0102784
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1CREDIT CARD SERVICE CHA
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0238481
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt131066
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt256730
IRS990/OtherExpensesGrp/ProgramServicesAmt057743
IRS990/OtherExpensesGrp/ProgramServicesAmt1237179
IRS990/OtherExpensesGrp/ProgramServicesAmt2185912
IRS990/OtherExpensesGrp/ProgramServicesAmt323516
IRS990/OtherExpensesGrp/TotalAmt0296224
IRS990/OtherExpensesGrp/TotalAmt1237179
IRS990/OtherExpensesGrp/TotalAmt2216978
IRS990/OtherExpensesGrp/TotalAmt380246
IRS990/OtherLiabilitiesGrp/BOYAmt083784
IRS990/OtherLiabilitiesGrp/EOYAmt083784
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/BusinessCd2900099
IRS990/OtherRevenueMiscGrp/Desc0VENDING FEES
IRS990/OtherRevenueMiscGrp/Desc1OUTSOURCED RETAIL COMMISSIONS
IRS990/OtherRevenueMiscGrp/Desc2TRANSFER OF OPERATIONS
IRS990/OtherRevenueMiscGrp/ExclusionAmt01305996
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0564789
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1229587
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01305996
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1564789
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2229587
IRS990/OtherRevenueTotalAmt02210128
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0475376
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02024036
IRS990/OtherSalariesAndWagesGrp/TotalAmt02499412
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt066396
IRS990/PayrollTaxesGrp/ProgramServicesAmt0153557
IRS990/PayrollTaxesGrp/TotalAmt0219953
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0101747
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt088587
IRS990/PensionPlanContributionsGrp/TotalAmt0190334
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0387718
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0209285
IRS990/PrincipalOfficerNm0DONALD J WILLIAMS
IRS990/PriorPeriodAdjustmentsAmt043633
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0CONTRIBUTION 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/ExpenseAmt0765000
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0765000
IRS990/ProgSrvcAccomActy3Grp/Desc0OPERATION 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/ExpenseAmt0926490
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0802616
IRS990/ProgSrvcAccomActyOtherGrp/Desc0OPERATION OF DIETRICK CONVIENCE STORE
IRS990/ProgSrvcAccomActyOtherGrp/Desc1OPERATION OF VENDING SERVICES
IRS990/ProgSrvcAccomActyOtherGrp/Desc2OPERATION OF HOKIE CENTRIC STORE
IRS990/ProgSrvcAccomActyOtherGrp/Desc3OPERATION OF STARBUCKS COFFEE STORE
IRS990/ProgSrvcAccomActyOtherGrp/Desc4MISCELLANEOUS INCOME & OUTSOURCED COMMISSIONS - NET
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0254250
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt1147283
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt2341231
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt3352927
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt0326673
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt1304718
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt2794376
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0575000
IRS990/PYInvestmentIncomeAmt010827
IRS990/PYOtherExpensesAmt02658417
IRS990/PYOtherRevenueAmt07641491
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt026869
IRS990/PYSalariesCompEmpBnftPaidAmt04392032
IRS990/PYTotalExpensesAmt07625449
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07652318
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-139868
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt021900
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02192116
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02103395
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02151315
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt072630
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt028145
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt028917
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt042438
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt035274
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0207404
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt016879119
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt020253479
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt020045424
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt021716269
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt020234627
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt099128918
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt01305996
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt01240976
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt01428658
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt01177954
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt01206953
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt06360537
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt072630
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt028145
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt028917
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt042438
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt035274
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0207404
IRS990ScheduleA/InvestmentIncomeCYPct00.00200
IRS990ScheduleA/InvestmentIncomePYPct00.00160
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0109756
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0108139
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt096782

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,602,039
Liabilities
$2,521,686
Net assets
$4,080,353
Revenue
$6,269,268
Expenses
$6,409,136
Net income
-$139,868
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$10.5$0.07$10.4$2.41$1.67$0.74
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.9$3.52$9.35$4.53$2.89$1.65
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.4$4.07$7.38$4.25$2.88$1.37
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.68$2.79$5.89$3.91$3.04$0.87
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.38$2.30$5.08$2.53$2.43$0.10
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.31$2.33$4.98$4.17$3.44$0.73
2019Detailed filing. Detailed filing data is available for this year.$6.60$2.52$4.08$6.27$6.41$0.14
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.76$4.59$4.18$7.65$7.63$0.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.6$6.45$4.15$7.38$7.67$0.29
2016Detailed filing. Detailed filing data is available for this year.$11.3$6.89$4.44$7.85$7.84$0.01
2015Detailed filing. Detailed filing data is available for this year.$12.8$8.36$4.43$7.21$7.20$0.00
2014Detailed filing. Detailed filing data is available for this year.$10.5$6.09$4.43$7.04$7.01$0.03
2013Summary only. Only limited summary data is available for this year.$12.4$8.02$4.40$7.18$7.09$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.1$6.80$4.30$7.15
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.8$7.60$4.22$7.53
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.5$8.34$4.21$7.32