Civic Intelligence

VMI Alumni Agencies Board Inc.

990 • Fiscal year 2020 • EIN 54-1429093

Jul 01, 2019 to Jun 30, 2020 • Filed on Nov 12, 2020

PO Box 932Lexington, VA 24450

(540) 464-7383

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$79,392,561

Flat from 2020

Net Assets

Flat

$18,813,587

Flat from 2020

Liabilities

Flat

$60,578,974

Flat from 2020

Revenue And Expenses

Revenue

Flat

$4,824,882

Flat from 2020

Expenses

Flat

$6,584,068

Flat from 2020

Net Income

Flat

-$1,759,186

Flat from 2020

Historical Trend

Balance Sheet Trend

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

$150M$100M$50M$0Assets 2010: $59,697,063Liabilities 2010: $53,808,994Net Assets 2010: $5,888,0692010Assets 2011: $73,468,382Liabilities 2011: $54,790,367Net Assets 2011: $18,678,0152011Assets 2012: $77,404,270Liabilities 2012: $62,739,729Net Assets 2012: $14,664,5412012Assets 2013: $75,012,248Liabilities 2013: $58,858,726Net Assets 2013: $16,153,5222013Assets 2014: $81,087,649Liabilities 2014: $59,593,191Net Assets 2014: $21,494,4582014Assets 2015: $71,345,714Liabilities 2015: $53,550,270Net Assets 2015: $17,795,4442015Assets 2016: $70,051,733Liabilities 2016: $57,999,360Net Assets 2016: $12,052,3732016Assets 2017: $74,381,653Liabilities 2017: $58,808,197Net Assets 2017: $15,573,4562017Assets 2018: $78,318,792Liabilities 2018: $59,168,821Net Assets 2018: $19,149,9712018Assets 2019: $79,135,385Liabilities 2019: $57,564,658Net Assets 2019: $21,570,7272019Assets 2020: $79,392,561Liabilities 2020: $60,578,974Net Assets 2020: $18,813,5872020Assets 2020: $79,392,561Liabilities 2020: $60,578,974Net Assets 2020: $18,813,5872020Assets 2021: $91,066,431Liabilities 2021: $54,418,588Net Assets 2021: $36,647,8432021Assets 2022: $87,634,014Liabilities 2022: $50,444,404Net Assets 2022: $37,189,6102022Assets 2023: $94,289,341Liabilities 2023: $63,916,489Net Assets 2023: $30,372,8522023Assets 2024: $103,560,005Liabilities 2024: $67,124,287Net Assets 2024: $36,435,7182024Assets 2025: $111,684,682Liabilities 2025: $70,733,253Net Assets 2025: $40,951,4292025

Highlighted filing

2020

Assets$79,392,561
Liabilities$60,578,974
Net Assets$18,813,587

Operations Trend

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

$20M$10M$0-$10M-$20MExpenses 2010: $3,598,2982010Expenses 2011: $5,808,0042011Revenue 2012: $2,799,652Expenses 2012: $5,700,100Net Income 2012: -$2,900,4482012Expenses 2013: $5,504,0292013Revenue 2014: $443,225Expenses 2014: $4,419,083Net Income 2014: -$3,975,8582014Revenue 2015: $447,535Expenses 2015: $5,108,131Net Income 2015: -$4,660,5962015Revenue 2016: $2,851,428Expenses 2016: $7,117,211Net Income 2016: -$4,265,7832016Revenue 2017: $1,274,126Expenses 2017: $3,503,955Net Income 2017: -$2,229,8292017Revenue 2018: $1,667,488Expenses 2018: $3,784,868Net Income 2018: -$2,117,3802018Revenue 2019: $6,165,337Expenses 2019: $7,266,625Net Income 2019: -$1,101,2882019Revenue 2020: $4,824,882Expenses 2020: $6,584,068Net Income 2020: -$1,759,1862020Revenue 2020: $4,824,882Expenses 2020: $6,584,068Net Income 2020: -$1,759,1862020Revenue 2021: $5,217,814Expenses 2021: $9,865,565Net Income 2021: -$4,647,7512021Revenue 2022: $10,873,805Expenses 2022: $6,673,465Net Income 2022: $4,200,3402022Revenue 2023: $5,519,621Expenses 2023: $16,878,080Net Income 2023: -$11,358,4592023Revenue 2024: $5,457,565Expenses 2024: $6,124,475Net Income 2024: -$666,9102024Revenue 2025: $5,535,814Expenses 2025: $6,834,405Net Income 2025: -$1,298,5912025

Highlighted filing

2020

Revenue$4,824,882
Expenses$6,584,068
Net Income-$1,759,186
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Nov 12, 2020
Return Version
2019v5.1
Gross Receipts
$4,824,882
Mission and Program Overview

Mission

The purpose of vmi development board is to support virginia military institute (vmi), a state-supported school, by coordinating development and fundraising efforts conducted on behalf of the institute, planning, organizing, and conducting the vmi campaign.

To provide support for the virginia military institute (vmi), a state-supported school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$76,819,119$74,422,278▼ $2,396,841
Accounts Receivable$612,497--
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$79,135,385$79,392,561▲ $257,176
Other Assets Total$1,703,769$4,970,283▲ $3,266,514
Liabilities
Tax Exempt Bond Liabilities$46,556,473$38,696,870▼ $7,859,603
Accounts Payable and Accrued Expenses$7,879,119$11,816,549▲ $3,937,430
Unsecured Notes Loans Payable-$10,000,000-
Other Liabilities$3,129,066$65,555▼ $3,063,511
Total Liabilities$57,564,658$60,578,974▲ $3,014,316
Net Assets / Fund Balance
Net Assets With Donor Restrictions$16,704,682$14,596,378▼ $2,108,304
Net Assets Without Donor Restrictions$4,866,045$4,217,209▼ $648,836
Total Net Assets Fund Balance$21,570,727$18,813,587▼ $2,757,140
Total Liabilities and Net Assets / Fund Balance$79,135,385$79,392,561▲ $257,176

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$19,224$19,224
Other Assets Org$3,438,568--
Other Securities$944,485--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$7,581,698$1,563▲ $102,105-$7,488,840
2018$3,890,226$3,000,488▲ $889,585-$7,581,698
2017$3,540,931$1,114▲ $465,007-$3,890,226
2016$3,067,946$888▲ $579,447-$3,540,931
2015$3,164,447$838▲ $7,241-$3,067,946
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Stephen M MaconiChief Executive OfficerFT$241,407$37,449$278,856
David L PrasnickiChief Financial OfficerFT$175,012$15,949$190,961
Gregory M CavallaroSenior Major Gift OfficerFT$174,909$13,161$188,070
Crissy S ElliottFinancial ControllerFT$130,488$11,729$142,217

Board Members and Trustees

NameTitle
Asa H Page IiiBoard Member
Gerald J Acuff JrBoard Member
Mr Thomas Henry ZargesBoard Member
Mr Thomas R WatjenBoard Member
Mr and Mrs Daniel P ThorntonBoard Member
Samuel N StocksBoard Member
Stephen E HuppBoard Member

Highest Paid Contractors

ContractorServicesLocationCompensation
Bny Mellon NaInvestment Manangement225 LIBERTY STREET, New York, NY 10286$366,560
Flora PettitLegal Services530 EAST MAIN STREET PO BOX 2057, Charlottesville, VA 22902$161,068
Revenue and Support

Revenue Composition

Contributions and Grants
$768,239
Program Service Revenue
$0
Investment Income
$883,231
Other Revenue
$3,173,412
All Other Contributions
$768,239
Change in Net Assets
$-1,759,186

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Other1$763,000Fair Market Value
Total Noncash Contributions1$763,000-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,505,366
Salaries, Compensation, and Employee Benefits$2,270,127
Total Fundraising Expense$2,060,684
Other Expenses$1,808,575
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,505,366--$2,505,366
Other Salaries and Wages$202,691$152,018$658,746$1,013,455
Current Officers, Directors, Trustees, and Key Employees$172,991$216,239$475,725$864,955
Office Expenses$129,870$278,130$427,197$835,197
Fees for Service Investment Mgmnt Fees-$366,560-$366,560
Fees for Services Legal$41,786$62,679$104,465$208,930
Pension Plan Contributions$29,437$22,078$95,671$147,186
Fees for Services Other-$57,029$85,543$142,572
Payroll Taxes$25,001$18,751$81,254$125,006
Other Employee Benefits$23,905$17,929$77,691$119,525
Fees for Services Accounting-$70,200-$70,200
Insurance$31,300$31,300-$62,600
Travel-$11,816$47,265$59,081
Other Expenses$8,473$3,306$3,306$6,612
All Other Expenses$1,176$882$3,821$5,879
Total Functional Expenses$3,177,964$1,345,420$2,060,684$6,584,068
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Virginia Military InstituteLexington, VA115Debt Service$1,424,761
Virginia Military InstituteLexington, VA115Intercollegiate Athletics$606,901
Virginia Military InstituteLexington, VA115Undesignated Aid$400,000
Vmi Keydet ClubLexington, VA115Administrative Support$30,181
Virginia Military InstituteLexington, VA115Trust Distributions$20,996
Vmi FoundationLexington, VA115Administrative Support$10,205
Virginia Military InstituteLexington, VA115Other$8,000
Virginia Military InstituteLexington, VA115Insurance Premiums$4,322

International Summary

Offices
0
Employees
0
Spending
$2,839,537

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
Yes
Interest in foreign trust
No
Passive foreign investment company interest
Yes
Transfers to foreign corporations
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas,Investments-00$2,839,537
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
Trust & Annuity Obligations$65,555

Bond Issues

BondIssuerIssuedIssue PricePurpose
AIndustrial Development Authority of the City of Lexington Virginia2010-10-29$45,537,990Construction of leadership and ethics center. Improvements to stadiums.
BIndustrial Development Authority of the City of Lexington Virginia2016-06-02$36,736,226Refund bond series 2006b and 2006c

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$45,537,990--$534,928
B$36,736,226--$412,396

Bond Financing Compliance

No rebate due
Yes
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
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 35% controlled entity
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Members of the vmi alumni association, inc. Board of directors serve as the members of the vmi alumni agencies board, inc.

Form 990, Part VI, Section A, Line 7A

Members of the vmi alumni association, inc. Have the right to elect one or more members of the vmi alumni agencies board's board of directors.

Form 990, Part VI, Section A, Line 7B

The vmi alumni agencies board's bylaws provide that any amendment to the bylaws by the board of directors is subject to amendment or repeal by the members.

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

Prior to its filing, a public disclosure copy of the form 990 was distributed to and reviewed by the board members during a scheduled meeting. Since a complete copy of the form 990 was not provided to the board, the vmi alumni agencies board has answered no to form 990, part vi, question 11a.

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

Annual conflict of interest statetments are completed by all board members. Additionally, a conflict of interest policy which governs all board members is in place and reviewed and updated annually for existing and new board members.

Form 990, Part VI, Section C, Line 19

Governing documents are available on organization's website and are also available upon request.

Filing and Contact Details

Filer

Filer Name
Vmi Alumni Agencies Board Inc
EIN
54-1429093
Phone
5404647383
Address
PO BOX 932, LEXINGTON, VA 24450

Signing Officer

Name
Mr David Prasnicki
Title
Chief Financial Officer
Phone
5404647383
Signed
2020-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mr David Prasnicki
Formed
1978
Legal Domicile
Va
Voting Board Members
7
Independent Board Members
7
Employees
20
Volunteers
0

Preparer

Firm
Dixon Hughes Goodman Llp
Address
901 EAST CARY STREET SUITE 1000, RICHMOND, VA 23219
Preparer
Joseph S Nadder Iii
Phone
8042827636
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Actuarial gain (loss) on trust & annuity obligations 21,177.

Form 990, Part XII, Line 2C

The organization has an audit committee in place that assumes responsibility for the oversight of the audit and selection of an independent accountant. The audited financial statements are reviewed at a scheduled meeting each year.

Financial Statement Notes

PART V, LINE 4:

The intended use of the endowment funds is to support the virginia military institute (vmi), a state-supported school.

PART X, LINE 2:

The organization is exempt from federal and state income taxes as a nonprofit organization under section 501(c)(3) of the internal revenue code and the tax statutes of the commonwealth of virginia. In addition, the organization has been classified as an organization that is not a private foundation under section 509(a) of the internal revenue code.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7FINANCIAL CONTROLLER
IRS990/Form990PartVIISectionAGrp/TitleTxt8CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt9CHIEF EXECUTIVE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt10SENIOR MAJOR GIFT OFFICER
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr01978
IRS990/FormerOfcrEmployeesListedInd00
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IRS990/FSAuditedInd01
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IRS990/GamingActivitiesInd00
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IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt02505366
IRS990/GrantsToDomesticOrgsGrp/TotalAmt02505366
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt04824882
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt04
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt031300
IRS990/InsuranceGrp/ProgramServicesAmt031300
IRS990/InsuranceGrp/TotalAmt062600
IRS990/InvestmentIncomeGrp/ExclusionAmt0869870
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0883231
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt013361
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt076819119
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt074422278
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt019224
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt019224
IRS990/LegalDomicileStateCd0VA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE PURPOSE OF VMI ALUMNI AGENCIES BOARD IS TO SUPPORT VIRGINIA MILITARY INSTITUTE (VMI), A STATE-SUPPORTED SCHOOL, BY COORDINATING DEVELOPMENT AND FUNDRAISING EFFORTS CONDUCTED ON BEHALF OF THE INSTITUTE, PLANNING, ORGANIZING, AND CONDUCTING THE VMI CAMPAIGN.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt021570727
IRS990/NetAssetsOrFundBalancesEOYAmt018813587
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-1019131
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt04866045
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt04217209
IRS990/NoncashContributionsAmt0763000
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt0427197
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0278130
IRS990/OfficeExpensesGrp/ProgramServicesAmt0129870
IRS990/OfficeExpensesGrp/TotalAmt0835197
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01703769
IRS990/OtherAssetsTotalGrp/EOYAmt04970283
IRS990/OtherChangesInNetAssetsAmt021177
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt077691
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt017929
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt023905
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0119525
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc1REAL ESTATE TAXES
IRS990/OtherExpensesGrp/Desc2TRUST MANAGEMENT FEE
IRS990/OtherExpensesGrp/Desc3MEMBERSHIPS
IRS990/OtherExpensesGrp/FundraisingAmt03306
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt017068
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt18473
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt210962
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt33306
IRS990/OtherExpensesGrp/ProgramServicesAmt05968
IRS990/OtherExpensesGrp/ProgramServicesAmt18473
IRS990/OtherExpensesGrp/TotalAmt023036
IRS990/OtherExpensesGrp/TotalAmt116946
IRS990/OtherExpensesGrp/TotalAmt210962
IRS990/OtherExpensesGrp/TotalAmt36612
IRS990/OtherLiabilitiesGrp/BOYAmt03129066
IRS990/OtherLiabilitiesGrp/EOYAmt065555
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0ADMINISTRATIVE FEES
IRS990/OtherRevenueMiscGrp/ExclusionAmt03173412
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03173412
IRS990/OtherRevenueTotalAmt03173412
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0658746
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0152018
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0202691
IRS990/OtherSalariesAndWagesGrp/TotalAmt01013455
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt081254
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt018751
IRS990/PayrollTaxesGrp/ProgramServicesAmt025001
IRS990/PayrollTaxesGrp/TotalAmt0125006
IRS990/PensionPlanContributionsGrp/FundraisingAmt095671
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt022078
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt029437
IRS990/PensionPlanContributionsGrp/TotalAmt0147186
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MR DAVID PRASNICKI
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt03114062
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt02501417
IRS990/PYInvestmentIncomeAmt0833309
IRS990/PYOtherExpensesAmt02411162
IRS990/PYOtherRevenueAmt02217966
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-1101288
IRS990/PYSalariesCompEmpBnftPaidAmt02354046
IRS990/PYTotalExpensesAmt07266625
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt06165337
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-1759186
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt04
IRS990ScheduleA/SupportedOrganizationsTotalCnt04
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0546001803
IRS990ScheduleA/SupportedOrgInformationGrp/EIN1540505966
IRS990ScheduleA/SupportedOrgInformationGrp/EIN2540515753
IRS990ScheduleA/SupportedOrgInformationGrp/EIN3541300039
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd11
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd21
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd31
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd17
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd27
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd37
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt20
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt30
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt02475185
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt20
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt325307
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0VIRGINIA MILITARY INSTITUTE
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1VMI FOUNDATION INC
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt2VMI ALUMNI ASSOCIATION
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt3VMI KEYDET CLUB
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt02500492
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt07581698
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt01563
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt07488840
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0196526
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0102105
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt03890226
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt03000488
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt07581698
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0198601
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0889585
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt03540931
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt01114
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt03890226
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0116826
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0465007
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt03067946
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0888
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt03540931

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$112$70.7$41.0$5.54$6.83$1.30
2024Summary only. Only limited summary data is available for this year.$104$67.1$36.4$5.46$6.12$0.67
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$94.3$63.9$30.4$5.52$16.9$11.4
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$87.6$50.4$37.2$10.9$6.67$4.20
2021Summary only. Only limited summary data is available for this year.$91.1$54.4$36.6$5.22$9.87$4.65
2020Detailed filing. Detailed filing data is available for this year.$79.4$60.6$18.8$4.82$6.58$1.76
2020Summary only. Only limited summary data is available for this year.$79.4$60.6$18.8$4.82$6.58$1.76
2019Summary only. Only limited summary data is available for this year.$79.1$57.6$21.6$6.17$7.27$1.10
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$78.3$59.2$19.1$1.67$3.78$2.12
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$74.4$58.8$15.6$1.27$3.50$2.23
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$70.1$58.0$12.1$2.85$7.12$4.27
2015Summary only. Only limited summary data is available for this year.$71.3$53.6$17.8$0.45$5.11$4.66
2014Detailed filing. Detailed filing data is available for this year.$81.1$59.6$21.5$0.44$4.42$3.98
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$75.0$58.9$16.2$5.50
2012Summary only. Only limited summary data is available for this year.$77.4$62.7$14.7$2.80$5.70$2.90
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$73.5$54.8$18.7$5.81
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$59.7$53.8$5.89$3.60