Civic Intelligence

UT Prosim Foundation

990EZ • Fiscal year 2022 • EIN 88-0676933

Dec 09, 2021 to Jun 30, 2022 • Filed on May 15, 2023

Organization ProfileN/A
902 Prices Fork Rd 4000Blacksburg, VA 24061

(540) 231-5751

Siviq Scores

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

Liabilities / Assets

90th percentile

0.48x

Higher debt load relative to assets than 90% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

93rd percentile

0.67x

Higher debt load relative to revenue than 93% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

70th percentile

20%

Higher net margin than 70% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Balance Sheet
Liabilities / Assets90th percentile

Assets

$154,580

No earlier filing loaded for comparison.

Net Assets

$80,235

No earlier filing loaded for comparison.

Liabilities

$74,345

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue93rd percentileNet Margin70th percentile

Revenue

$111,085

No earlier filing loaded for comparison.

Expenses

$88,938

No earlier filing loaded for comparison.

Net Income

$22,147

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$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

2022

Assets$154,580
Liabilities$74,345
Net Assets$80,235
Open 2022 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this 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

2022

Revenue$111,085
Expenses$88,938
Net Income$22,147
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Dec 9, 2021 to Jun 30, 2022
Signed
May 15, 2023
Return Version
2021v4.2
Gross Receipts
$111,085
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$0
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
TERRI MITCHELLBoard Member-$0--
SARA LOUISE BORELLA-STEINERTBoard Member-$0--
CATHERINE POTTERBoard Member-$0--
DWAYNE PINKNEYBoard Member-$0--
ELIZABETH A MCCLANAHANChairman-$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
2023-05-15
Discuss with paid preparer
Yes

Preparer

Firm
Brown Edwards & Company Llp
Address
3906 ELECTRIC ROAD, ROANOKE, VA 24018
Preparer
Jeffrey G Barbour
Phone
5403450936
Supplemental Narrative

Additional Explanations

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

“Description: travel. Amount: 23,367. Description: other general expenses. Amount: 19,321. Total to form 990-ez, line 16: 42,688.”

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

“Description: capital contribution. Amount: 58,088.”

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

“Description: due to third parties. Beg. Of year amount: 0. End of year amount: 15,346. Description: due to vtf. Beg. Of year amount: 0. End of year amount: 58,999.”

Raw XML Appendix158 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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IRS990EZ/OperateHospitalInd00
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IRS990EZ/OtherExpensesTotalAmt042688
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TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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ReturnHeader/TaxPeriodBeginDt02021-12-09
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$154,580
Liabilities
$74,345
Net assets
$80,235
Revenue
$111,085
Expenses
$88,938
Net income
$22,147
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