Civic Intelligence

VMI Alumni Agencies Board Inc.

990 • Fiscal year 2024 • EIN 54-1429093

Jul 01, 2023 to Jun 30, 2024 • Filed on Nov 15, 2024

PO Box 932Lexington, VA 24450

(540) 464-7383

Siviq Scores

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

Liabilities / Assets

77th percentile

0.65x

Higher debt load relative to assets than 77% of similar nonprofits.

2024 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2024

Liabilities / Revenue

97th percentile

12.30x

Higher debt load relative to revenue than 97% of similar nonprofits.

2024 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2024

Net Margin

14th percentile

-12%

Higher net margin than 14% of similar nonprofits.

2024 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2024

Top Officer Pay

23rd percentile

$293,412

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 5.4% of source-year revenue.

2024 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2024

Asset Growth

65th percentile

9.8%

Faster asset growth than 65% of similar nonprofits.

2024 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Revenue Growth

23rd percentile

-1.1%

Faster revenue growth than 23% of similar nonprofits.

2024 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Assets

Flat

$103,560,005

Flat from 2024

Net Assets

Flat

$36,435,718

Flat from 2024

Liabilities

Flat

$67,124,287

Flat from 2024

Revenue

Flat

$5,457,565

Flat from 2024

Expenses

Flat

$6,124,475

Flat from 2024

Net Income

Flat

-$666,910

Flat from 2024

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 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 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

2024

Assets$103,560,005
Liabilities$67,124,287
Net Assets$36,435,718

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 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 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

2024

Revenue$5,457,565
Expenses$6,124,475
Net Income-$666,910
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Nov 15, 2024
Return Version
2023v5.1
Gross Receipts
$5,457,565
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$69,901,186$75,480,517▲ $5,579,331
Land, Buildings, and Equipment, Net$23,319$16,182▼ $7,137
Accounts Receivable$5,043$0▼ $5,043
Pledges and Grants Receivable$4,601$3,757▼ $844
Total Assets$94,289,341$103,560,005▲ $9,270,664
Other Assets Total$24,355,192$28,059,549▲ $3,704,357
Liabilities
Tax Exempt Bond Liabilities$36,341,607$36,329,306▼ $12,301
Accounts Payable and Accrued Expenses$24,998,964$28,215,864▲ $3,216,900
Unsecured Notes Loans Payable$2,325,036$2,325,036→ $0
Other Liabilities$250,882$254,081▲ $3,199
Total Liabilities$63,916,489$67,124,287▲ $3,207,798
Net Assets / Fund Balance
Net Assets With Donor Restrictions$12,624,296$18,687,162▲ $6,062,866
Net Assets Without Donor Restrictions$17,748,556$17,748,556→ $0
Total Net Assets Fund Balance$30,372,852$36,435,718▲ $6,062,866
Total Liabilities and Net Assets / Fund Balance$94,289,341$103,560,005▲ $9,270,664

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$16,182$34,010$50,192
Other Assets Org$26,776,244--
Other Securities$1,207,248--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$4,582,889$-305▲ $192,058-$4,564,006
2022$14,387,630$208,019▲ $188,771-$4,582,889
2021$7,467,052$7,004,928▲ $96,454-$14,387,630
2020$7,488,840$40,623▲ $119,708-$7,467,052
2019$7,581,698$1,563▲ $102,105-$7,488,840
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
David L PrasnickiChief Executive OfficerFT$270,200$23,212$293,412
Crissy S ElliottChief Financial OfficerFT$172,797$39,887$212,684
Amy F GoetzChief Communications OfficFT$122,134$9,801$131,935
Kevin a RyanFinancial ControllerFT$90,417$6,313$96,730

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Mcguirewoods ConsultingConsulting Services901 EAST CARY ST, Richmond, VA 23219$237,886
Northern TrustInvestment Manangement50 SOUTH LASALLE STREET, Chicago, IL 60603$207,102
Flora Pettit PCLegal ServicesPO BOX 1287, Harrisonburg, VA 22803$170,968
ForvisAccounting ServicesPO BOX 602828, Charlotte, NC 28260$112,810
Revenue and Support

Revenue Composition

Contributions and Grants
$4,809
Program Service Revenue
$0
Investment Income
$1,741,552
Other Revenue
$3,711,204
All Other Contributions
$4,809
Change in Net Assets
$-666,910
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,667,916
Grants and Similar Amounts Paid$1,760,529
Other Expenses$1,696,030
Total Fundraising Expense$1,601,006
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,760,529--$1,760,529
Other Salaries and Wages$302,037$483,258$422,851$1,208,146
Office Expenses$169,263$316,571$532,282$1,018,116
Current Officers, Directors, Trustees, and Key Employees$204,383$327,013$286,136$817,532
Other Employee Benefits$66,315$106,104$92,841$265,260
Pension Plan Contributions$54,984$87,974$76,977$219,935
Fees for Service Investment Mgmnt Fees-$207,102-$207,102
Payroll Taxes$39,261$62,817$54,965$157,043
Fees for Services Other-$42,268$63,402$105,670
Fees for Services Accounting-$100,325-$100,325
Fees for Services Legal$13,043$19,565$32,609$65,217
Insurance$30,792$30,792-$61,584
Travel-$5,574$22,298$27,872
Other Expenses$2,148$5,001$5,001$10,002
Depreciation Depletion-$7,137-$7,137
Conferences and Meetings-$2,579$2,579$5,158
All Other Expenses$596$2,043$2,085$4,724
Total Functional Expenses$2,677,189$1,846,280$1,601,006$6,124,475
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Virginia Military InstituteLexington, VA115Debt Service$974,999
Virginia Military InstituteLexington, VA115Intercollegiate Athletics$706,305
Virginia Military InstituteLexington, VA115Physical Plant$70,000
Virginia Military InstituteLexington, VA115Insurance Premiums$5,775

International Summary

Offices
0
Employees
0
Spending
$2,072,231

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$2,072,231
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$254,081

Bond Issues

BondIssuerIssuedIssue PricePurpose
AIndustrial Development Authority of the City of Lexington Virginia2016-06-02$36,736,266Refund bond series 2006b and 2006c
BIndustrial Development Authority of the City of Lexington Virginia2021-12-31$25,978,525REFUND BOND SERIES 2016

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$36,736,226--$412,396
B$25,978,525--$321,016

Bond Financing Compliance

No rebate due
No
Rebate not yet due
Yes
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
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 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 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 made available to board members. Since a complete copy of the form 990 was not provided to the board, the organization 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
Crissy S Elliott
Title
Chief Financial Officer
Phone
5404647383
Signed
2024-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Crissy S Elliott
Formed
1978
Legal Domicile
Va
Voting Board Members
7
Independent Board Members
7
Employees
24
Volunteers
0

Preparer

Firm
Forvis Mazars Llp
Address
901 EAST CARY STREET SUITE 1000, RICHMOND, VA 23219
Preparer
Lakrisha J Castleberry
Phone
8042827636
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Actuarial gain (loss) on trust & annuity obligations -31,337.

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/OtherCompensationAmt99801
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt106313
IRS990/Form990PartVIISectionAGrp/PersonNm0MR DANIEL P THORNTON
IRS990/Form990PartVIISectionAGrp/PersonNm1MR HUGH M FAIN III
IRS990/Form990PartVIISectionAGrp/PersonNm2MR MATTHEW R HEMENEZ
IRS990/Form990PartVIISectionAGrp/PersonNm3MR ANTHONY U MOORE
IRS990/Form990PartVIISectionAGrp/PersonNm4MR ERNESTO V SAMPSON JR
IRS990/Form990PartVIISectionAGrp/PersonNm5MR WILLIAM L TALIAFERRO JR
IRS990/Form990PartVIISectionAGrp/PersonNm6MR ANDRE W THORNTON
IRS990/Form990PartVIISectionAGrp/PersonNm7DAVID L PRASNICKI
IRS990/Form990PartVIISectionAGrp/PersonNm8CRISSY S ELLIOTT
IRS990/Form990PartVIISectionAGrp/PersonNm9AMY F GOETZ
IRS990/Form990PartVIISectionAGrp/PersonNm10KEVIN A RYAN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7278012
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8178639
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9122134
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1090417
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
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/TitleTxt7CHIEF EXECUTIVE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt8CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt9CHIEF COMMUNICATIONS OFFIC
IRS990/Form990PartVIISectionAGrp/TitleTxt10FINANCIAL CONTROLLER
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/Form990TFiledInd01
IRS990/FormationYr01978
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantAmt01760529
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01760529
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01760529
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt05457565
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt030792
IRS990/InsuranceGrp/ProgramServicesAmt030792
IRS990/InsuranceGrp/TotalAmt061584
IRS990/InvestmentIncomeGrp/ExclusionAmt01462187
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01741552
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt0279365
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt069901186
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt075480517
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt034010
IRS990/LandBldgEquipBasisNetGrp/BOYAmt023319
IRS990/LandBldgEquipBasisNetGrp/EOYAmt016182
IRS990/LandBldgEquipCostOrOtherBssAmt050192
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/NetAssetsOrFundBalancesBOYAmt030372852
IRS990/NetAssetsOrFundBalancesEOYAmt036435718
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt06761113
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt017748556
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt017748556
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt0532282
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0316571
IRS990/OfficeExpensesGrp/ProgramServicesAmt0169263
IRS990/OfficeExpensesGrp/TotalAmt01018116
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt024355192
IRS990/OtherAssetsTotalGrp/EOYAmt028059549
IRS990/OtherChangesInNetAssetsAmt0-31337
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt092841
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0106104
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt066315
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0265260
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc1REAL ESTATE TAXES
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3MEMBERSHIPS
IRS990/OtherExpensesGrp/FundraisingAmt06980
IRS990/OtherExpensesGrp/FundraisingAmt15001
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt025888
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt112658
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21611
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt35001
IRS990/OtherExpensesGrp/ProgramServicesAmt021180
IRS990/OtherExpensesGrp/ProgramServicesAmt112658
IRS990/OtherExpensesGrp/ProgramServicesAmt22148
IRS990/OtherExpensesGrp/TotalAmt047068
IRS990/OtherExpensesGrp/TotalAmt125316
IRS990/OtherExpensesGrp/TotalAmt210739
IRS990/OtherExpensesGrp/TotalAmt310002
IRS990/OtherLiabilitiesGrp/BOYAmt0250882
IRS990/OtherLiabilitiesGrp/EOYAmt0254081
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0ADMINISTRATIVE FEES
IRS990/OtherRevenueMiscGrp/ExclusionAmt03711204
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03711204
IRS990/OtherRevenueTotalAmt03711204
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0422851
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0483258
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0302037
IRS990/OtherSalariesAndWagesGrp/TotalAmt01208146
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt054965
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt062817
IRS990/PayrollTaxesGrp/ProgramServicesAmt039261
IRS990/PayrollTaxesGrp/TotalAmt0157043
IRS990/PensionPlanContributionsGrp/FundraisingAmt076977
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt087974
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt054984
IRS990/PensionPlanContributionsGrp/TotalAmt0219935
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt04601
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt03757
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0CRISSY S ELLIOTT
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0209920
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt012155773
IRS990/PYInvestmentIncomeAmt01784722
IRS990/PYOtherExpensesAmt02416716
IRS990/PYOtherRevenueAmt03524979
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-11358459
IRS990/PYSalariesCompEmpBnftPaidAmt02305591
IRS990/PYTotalExpensesAmt016878080
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05519621
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-666910
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
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/SupportAmt01760529
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt20
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt30
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0VIRGINIA MILITARY INSTITUTE
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1VMI FOUNDATION
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt2VMI ALUMNI ASSOCIATION
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt3VMI KEYDET CLUB
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt01760529
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt04582889

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
2024Detailed filing. Detailed filing data is available for this year.$104$67.1$36.4$5.46$6.12$0.67
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
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