Liabilities / Assets
77th percentile
Higher debt load relative to assets than 77% of similar nonprofits.
990 • Fiscal year 2024 • EIN 54-1429093
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
77th percentile
Higher debt load relative to assets than 77% of similar nonprofits.
Liabilities / Revenue
97th percentile
Higher debt load relative to revenue than 97% of similar nonprofits.
Net Margin
14th percentile
Higher net margin than 14% of similar nonprofits.
Top Officer Pay
23rd percentile
Higher top officer pay than 23% of similar nonprofits.
Top officer pay equals 5.4% of source-year revenue.
Asset Growth
65th percentile
Faster asset growth than 65% of similar nonprofits.
Revenue Growth
23rd percentile
Faster revenue growth than 23% of similar nonprofits.
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
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.
| Line | Beginning | End | Change |
|---|---|---|---|
| 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 | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $16,182 | $34,010 | $50,192 |
| Other Assets Org | $26,776,244 | - | - |
| Other Securities | $1,207,248 | - | - |
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 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 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| David L Prasnicki | Chief Executive Officer | FT | $270,200 | $23,212 | $293,412 |
| Crissy S Elliott | Chief Financial Officer | FT | $172,797 | $39,887 | $212,684 |
| Amy F Goetz | Chief Communications Offic | FT | $122,134 | $9,801 | $131,935 |
| Kevin a Ryan | Financial Controller | FT | $90,417 | $6,313 | $96,730 |
| Name | Title |
|---|---|
| Mr Daniel P Thornton | Chairman |
| Mr Andre W Thornton | Board Member |
| Mr Anthony U Moore | Board Member |
| Mr Ernesto V Sampson Jr | Board Member |
| Mr Hugh M Fain Iii | Board Member |
| Mr Matthew R Hemenez | Board Member |
| Mr William L Taliaferro Jr | Board Member |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Mcguirewoods Consulting | Consulting Services | 901 EAST CARY ST, Richmond, VA 23219 | $237,886 |
| Northern Trust | Investment Manangement | 50 SOUTH LASALLE STREET, Chicago, IL 60603 | $207,102 |
| Flora Pettit PC | Legal Services | PO BOX 1287, Harrisonburg, VA 22803 | $170,968 |
| Forvis | Accounting Services | PO BOX 602828, Charlotte, NC 28260 | $112,810 |
| Line Item | Amount |
|---|---|
| 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 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| 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 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Virginia Military Institute | Lexington, VA | 115 | Debt Service | $974,999 |
| Virginia Military Institute | Lexington, VA | 115 | Intercollegiate Athletics | $706,305 |
| Virginia Military Institute | Lexington, VA | 115 | Physical Plant | $70,000 |
| Virginia Military Institute | Lexington, VA | 115 | Insurance Premiums | $5,775 |
| Region | Activity | Services | Offices | Employees | Spending |
|---|---|---|---|---|---|
| Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas, | Investments | - | 0 | 0 | $2,072,231 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Trust & Annuity Obligations | $254,081 |
| Bond | Issuer | Issued | Issue Price | Purpose |
|---|---|---|---|---|
| A | Industrial Development Authority of the City of Lexington Virginia | 2016-06-02 | $36,736,266 | Refund bond series 2006b and 2006c |
| B | Industrial Development Authority of the City of Lexington Virginia | 2021-12-31 | $25,978,525 | REFUND BOND SERIES 2016 |
| Bond | Total Proceeds | Spent | Retired | Issuance Costs |
|---|---|---|---|---|
| A | $36,736,226 | - | - | $412,396 |
| B | $25,978,525 | - | - | $321,016 |
“Members of the vmi alumni association board of directors serve as the members of the vmi alumni agencies board, inc.”
“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.”
“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.”
“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.”
“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.”
“Governing documents are available on organization's website and are also available upon request.”
“Actuarial gain (loss) on trust & annuity obligations -31,337.”
“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.”
“The intended use of the endowment funds is to support the virginia military institute (vmi), a state-supported school.”
“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.”
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 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 24998964 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 28215864 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 5043 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 0 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | TO PROVIDE SUPPORT FOR THE VIRGINIA MILITARY INSTITUTE (VMI), A STATE-SUPPORTED SCHOOL. |
| IRS990/AllOtherContributionsAmt | 0 | 4809 |
| IRS990/AllOtherExpensesGrp/FundraisingAmt | 0 | 2085 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 2043 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 596 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 4724 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | THE ORGANIZATION |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 5404647383 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 932 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | LEXINGTON |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | VA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 24450 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 4 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt | 0 | 286136 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 327013 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 204383 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 817532 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConferencesMeetingsGrp/FundraisingAmt | 0 | 2579 |
| IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt | 0 | 2579 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 5158 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 1 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 0 | 237886 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 1 | 207102 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 2 | 170968 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 3 | 112810 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 0 | 901 EAST CARY ST |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 1 | 50 SOUTH LASALLE STREET |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 2 | PO BOX 1287 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 3 | PO BOX 602828 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 0 | RICHMOND |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 1 | CHICAGO |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 2 | HARRISONBURG |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 3 | CHARLOTTE |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 0 | VA |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 1 | IL |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 2 | VA |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 3 | NC |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 0 | 23219 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 1 | 60603 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 2 | 22803 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 3 | 28260 |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 0 | MCGUIREWOODS CONSULTING |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 1 | NORTHERN TRUST |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 2 | FLORA PETTIT PC |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 3 | FORVIS |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | CONSULTING SERVICES |
| IRS990/ContractorCompensationGrp/ServicesDesc | 1 | INVESTMENT MANANGEMENT |
| IRS990/ContractorCompensationGrp/ServicesDesc | 2 | LEGAL SERVICES |
| IRS990/ContractorCompensationGrp/ServicesDesc | 3 | ACCOUNTING SERVICES |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 4809 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 1760529 |
| IRS990/CYInvestmentIncomeAmt | 0 | 1741552 |
| IRS990/CYOtherExpensesAmt | 0 | 1696030 |
| IRS990/CYOtherRevenueAmt | 0 | 3711204 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -666910 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 2667916 |
| IRS990/CYTotalExpensesAmt | 0 | 6124475 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 1601006 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 5457565 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 1 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 7137 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 7137 |
| IRS990/Desc | 0 | ALL PROGRAM SERVICES WERE FOR THE SUPPORT OF VMI |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 12624296 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 18687162 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 1 |
| IRS990/ElectionOfBoardMembersInd | 0 | 1 |
| IRS990/EmployeeCnt | 0 | 24 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/EscrowAccountInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 2677189 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 100325 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 100325 |
| IRS990/FeesForServicesLegalGrp/FundraisingAmt | 0 | 32609 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 19565 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 13043 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 65217 |
| IRS990/FeesForServicesOtherGrp/FundraisingAmt | 0 | 63402 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 42268 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 105670 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt | 0 | 207102 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 207102 |
| IRS990/ForeignActivitiesInd | 0 | 1 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 4.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 3 | 4.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 4 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 5 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 6 | 6.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 7 | 6.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 8 | 6.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 9 | 6.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 40.00 |
| 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/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 15400 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 34045 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 9801 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 6313 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | MR DANIEL P THORNTON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | MR HUGH M FAIN III |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | MR MATTHEW R HEMENEZ |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | MR ANTHONY U MOORE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | MR ERNESTO V SAMPSON JR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | MR WILLIAM L TALIAFERRO JR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | MR ANDRE W THORNTON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | DAVID L PRASNICKI |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | CRISSY S ELLIOTT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | AMY F GOETZ |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | KEVIN A RYAN |
| 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 | 278012 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 178639 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 122134 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 90417 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | CHAIRMAN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | CHIEF EXECUTIVE OFFICER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | CHIEF FINANCIAL OFFICER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | CHIEF COMMUNICATIONS OFFIC |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | FINANCIAL CONTROLLER |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 0 |
| IRS990/Form990TFiledInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1978 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 7 |
| IRS990/GrantAmt | 0 | 1760529 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 1760529 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 1760529 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 1 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 5457565 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 7 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 3 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 30792 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 30792 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 61584 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 1462187 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 1741552 |
| IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt | 0 | 279365 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt | 0 | 69901186 |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 75480517 |
| IRS990/InvestTaxExemptBondsInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 34010 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 23319 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 16182 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 50192 |
| IRS990/LegalDomicileStateCd | 0 | VA |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 1 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | THE 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/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 30372852 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 36435718 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 6761113 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 17748556 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 17748556 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficeExpensesGrp/FundraisingAmt | 0 | 532282 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 316571 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 169263 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 1018116 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OnBehalfOfIssuerInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 24355192 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 28059549 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | -31337 |
| IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt | 0 | 92841 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 106104 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 66315 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 265260 |
| IRS990/OtherExpensesGrp/Desc | 0 | MISCELLANEOUS |
| IRS990/OtherExpensesGrp/Desc | 1 | REAL ESTATE TAXES |
| IRS990/OtherExpensesGrp/Desc | 2 | UTILITIES |
| IRS990/OtherExpensesGrp/Desc | 3 | MEMBERSHIPS |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 6980 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 1 | 5001 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 25888 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 12658 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 1611 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 3 | 5001 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 21180 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 12658 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 2148 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 47068 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 25316 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 10739 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 10002 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 250882 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 254081 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | ADMINISTRATIVE FEES |
| IRS990/OtherRevenueMiscGrp/ExclusionAmt | 0 | 3711204 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 3711204 |
| IRS990/OtherRevenueTotalAmt | 0 | 3711204 |
| IRS990/OtherSalariesAndWagesGrp/FundraisingAmt | 0 | 422851 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 483258 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 302037 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 1208146 |
| IRS990/OwnWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 54965 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 62817 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 39261 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 157043 |
| IRS990/PensionPlanContributionsGrp/FundraisingAmt | 0 | 76977 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 87974 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 54984 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 219935 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 4601 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 3757 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | CRISSY S ELLIOTT |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 209920 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 12155773 |
| IRS990/PYInvestmentIncomeAmt | 0 | 1784722 |
| IRS990/PYOtherExpensesAmt | 0 | 2416716 |
| IRS990/PYOtherRevenueAmt | 0 | 3524979 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -11358459 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 2305591 |
| IRS990/PYTotalExpensesAmt | 0 | 16878080 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 5519621 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -666910 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 1 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 1 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd | 0 | 1 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd | 0 | 0 |
| IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd | 0 | 0 |
| IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd | 0 | 1 |
| IRS990ScheduleA/OtherSupportSumAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrganizationsCnt | 0 | 4 |
| IRS990ScheduleA/SupportedOrganizationsTotalCnt | 0 | 4 |
| IRS990ScheduleA/SupportedOrgInformationGrp/EIN | 0 | 546001803 |
| IRS990ScheduleA/SupportedOrgInformationGrp/EIN | 1 | 540505966 |
| IRS990ScheduleA/SupportedOrgInformationGrp/EIN | 2 | 540515753 |
| IRS990ScheduleA/SupportedOrgInformationGrp/EIN | 3 | 541300039 |
| IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd | 0 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd | 1 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd | 2 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd | 3 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd | 0 | 2 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd | 1 | 7 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd | 2 | 7 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd | 3 | 7 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt | 1 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt | 2 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt | 3 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt | 0 | 1760529 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt | 1 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt | 2 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt | 3 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt | 0 | VIRGINIA MILITARY INSTITUTE |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt | 1 | VMI FOUNDATION |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt | 2 | VMI ALUMNI ASSOCIATION |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt | 3 | VMI KEYDET CLUB |
| IRS990ScheduleA/SupportingOrganization509a3Ind | 0 | X |
| IRS990ScheduleA/SupportingOrgType1Ind | 0 | X |
| IRS990ScheduleA/SupportSumAmt | 0 | 1760529 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 4582889 |
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Displayed year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.