Civic Intelligence

UT Prosim Foundation

EIN 88-0676933 • 501(c)3 • Blacksburg, VA

Profile

Support and management of cultural, research, academic, and outreach activities in connection with the virginia tech foundation, inc and the virginia polytechnic institute and state university. The entity will provide funds to virginia tech foundation or virginia tech for distribution as per donor designated purpose.

902 Prices Fork Rd 4000Blacksburg, VA 24061

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

94th percentile

1.04x

Higher debt load relative to assets than 94% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

100th percentile

40.83x

Higher debt load relative to revenue than 100% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

2nd percentile

-1755%

Higher net margin than 2% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

48th percentile

-3.1%

Faster asset growth than 48% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

5th percentile

-97%

Faster revenue growth than 5% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets94th percentile

Assets

Down

$159,200

Down $5,146 (-3.1%) from 2023

Liabilities

Up

$164,815

Up $131,855 (+400%) from 2023

Net Assets

Down

-$5,615

Down $137,001 (-104%) from 2023

Operations
Liabilities / Revenue100th percentileNet Margin2nd percentile

Revenue

Down

$4,037

Down $124,944 (-97%) from 2023

Expenses

Down

$74,875

Down $2,955 (-3.8%) from 2023

Net Income

Down

-$70,838

Down $121,989 (-238%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth48th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200K$150K$100K$50K$0-$50KAssets 2022: $154,580Liabilities 2022: $74,345Net Assets 2022: $80,2352022Assets 2023: $164,346Liabilities 2023: $32,960Net Assets 2023: $131,3862023Assets 2024: $159,200Liabilities 2024: $164,815Net Assets 2024: -$5,6152024

Highlighted filing

2024

Assets$159,200
Liabilities$164,815
Net Assets-$5,615
Open 2024 Filing

Operations Trend

Revenue Growth5th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50K-$100KRevenue 2022: $111,085Expenses 2022: $88,938Net Income 2022: $22,1472022Revenue 2023: $128,981Expenses 2023: $77,830Net Income 2023: $51,1512023Revenue 2024: $4,037Expenses 2024: $74,875Net Income 2024: -$70,8382024

Highlighted filing

2024

Revenue$4,037
Expenses$74,875
Net Income-$70,838
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$159,200
Liabilities
$164,815
Net assets
-$5,615
Revenue
$4,037
Expenses
$74,875
Net income
-$70,838
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.59$1.65$0.06$0.04$0.75$0.71
2023Detailed filing. Detailed filing data is available for this year.$1.64$0.33$1.31$1.29$0.78$0.51
2022Detailed filing. Detailed filing data is available for this year.$1.55$0.74$0.80$1.11$0.89$0.22
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 14, 2025
Return Version
2023v6.0
Gross Receipts
$4,037
Mission and Program Overview

Mission

Support and management of cultural, research, academic, and outreach activities in connection with the virginia tech foundation, inc and the virginia polytechnic institute and state university. The entity will provide funds to virginia tech foundation or virginia tech for distribution as per donor designated purpose.

Program Services

DescriptionGrantsExpenses
SUPPORT AND MANAGEMENT OF CULTURAL, RESEARCH, ACADEMIC, AND OUTREACH ACTIVITIES IN CONNECTION WITH THE VIRGINIA TECH FOUNDATION, INC AND THE VIRGINIA POLYTECHNIC INSTITUTE AND STATE UNIVERSITY.$0$74,876
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
TERRI MITCHELLBoard Member-$0--
DWAYNE PINKNEYBoard Member-$0--
RICCARDO BIAGGIBoard Member-$0--
ELIZABETH A MCCLANAHANChairperson-$0--
Filing and Contact Details

Filer

Filer Name
Ut Prosim Foundation
EIN
88-0676933
Phone
5402315751
Address
902 PRICES FORK RD 4000, BLACKSBURG, VA 24061

Signing Officer

Name
Elizabeth a Mcclanahan
Title
Chairman
Phone
5402312265
Signed
2025-05-14
Discuss with paid preparer
Yes

Preparer

Firm
Grant Thornton Advisors LLC
Address
1000 WILSON BOULEVARD SUITE 1500, ARLINGTON, VA 22209
Preparer
Mary Torretta
Phone
7038477500
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

“Description: currency translation gain. Amount: 64.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: travel. Amount: 53,099. Description: general liability insurance. Amount: 966. Description: meals. Amount: 860. Description: service charges. Amount: 81. Total to form 990-ez, line 16: 55,006.”

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

“Description: prior period adjustment. Amount: -66,163.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: due to third parties. Beg. Of year amount: 15,200. End of year amount: 58,088. Description: due to vtf. Beg. Of year amount: 17,760. End of year amount: 106,727.”

Raw XML Appendix146 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: CURRENCY TRANSLATION GAIN. AMOUNT: 64.
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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