Totals
- Total revenue
- $3,051,078
- Total expenses
- $3,087,521
- Contributions and grants received
- $0
- Grants paid
- $547,248
- Program service revenue
- $3,043,249
- Investment income
- $7,829
- Other revenue
- $0
- Total assets, end of year
- $1,774,768
- Total liabilities, end of year
- $937,178
- Net assets or fund balances, end of year
- $837,590
- Program services expenses (Part IX)
- $3,001,401
- Management and general expenses
- $86,120
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $3,001,401
Program services were 97.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: EDUCATION & RESEARCH G
total $2,957,263 · related or exempt $2,957,263
-
2b · Program service revenue: INDIRECT COST REIMBURS
total $85,986 · related or exempt $85,986
-
3 · Investment income
total $7,829 · excluded $7,829
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $547,248 · program services $547,248
-
5 · Compensation of officers, directors and key employees
total $45,575 · management and general $45,575
-
7 · Other salaries and wages
total $1,071,648 · program services $1,071,648
-
10 · Payroll taxes
total $206,725 · program services $203,247 · management and general $3,478
-
11g · Fees: other
total $332,748 · program services $321,223 · management and general $11,525
-
13 · Office expenses
total $105 · management and general $105
-
14 · Information technology
total $33,329 · program services $14,476 · management and general $18,853
-
17 · Travel
total $71,255 · program services $71,255
-
19 · Conferences, conventions and meetings
total $12,470 · program services $12,470
-
21 · Payments to affiliates
total $489,023 · program services $489,023
-
22 · Depreciation, depletion and amortization
total $38,265 · program services $38,265
-
23 · Insurance
total $10,655 · program services $8,929 · management and general $1,726
-
24a · Other expenses: MATERIALS & SUPPLIES
total $100,548 · program services $96,552 · management and general $3,996
-
24b · Other expenses: INFRASTRUCTURE
total $80,664 · program services $80,664
-
24c · Other expenses: LICENSES AND PERMITS
total $22,360 · program services $22,360
-
24d · Other expenses: OTHER EXPENSES
total $21,990 · program services $21,533 · management and general $457
-
24e · All other expenses
total $2,913 · program services $2,508 · management and general $405
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $251,684 · end of year $16,305
-
2 · Savings and temporary cash investments
beginning of year $42,778 · end of year $378,912
-
3 · Pledges and grants receivable
beginning of year $698,845 · end of year $700,505
-
4 · Accounts receivable
beginning of year $96,172 · end of year $121,710
-
9 · Prepaid expenses and deferred charges
beginning of year $2,649 · end of year $6,196
-
10a · Land, buildings and equipment: cost or other basis
$191,326
-
10b · Land, buildings and equipment: accumulated depreciation
$134,534
-
10c · Land, buildings and equipment, net
beginning of year $95,057 · end of year $56,792
-
12 · Investments: other securities
beginning of year $405,663 · end of year $494,348
-
17 · Accounts payable and accrued expenses
beginning of year $117,129 · end of year $124,645
-
25 · Other liabilities
beginning of year $682,688 · end of year $812,533
-
27 · Net assets without donor restrictions
beginning of year $610,344 · end of year $613,959
-
28 · Net assets with donor restrictions
beginning of year $182,687 · end of year $223,631
Mission and programs · 2023
Mission
VMI RESEARCH LABS EXISTS TO SERVE AS THE RESEARCH AND DEVELOPMENT ARM OF THE VIRGINIA MILITARY INSTITUTE. ITS PURPOSE IS TO IMPROVE THE EFFECTIVENESS OF AND TO AID DIRECTLY OR INDIRECTLY VMI'S PRIME MISSION - EDUCATION OF THE UNDERGRADUATE STUDENT. CONTINUED ON SCHEDULE O. INTIMATELY BOUND WITH THIS GOAL ARE OTHER BENEFITS INCLUDING: ENHANCING THE REPUTATION OF THE INSTITUTE AS A CONTRIBUTOR TO THE GENERAL BETTERMENT OF THE STATE AND NATION; ALLOWING FACULTY MEMBERS TO WORK CREATIVELY AND INDEPENDENTLY IN THEIR FIELDS OF INTEREST AND REPORT THEREON; ENHANCING THE OPPORTUNITY FOR CADETS TO ASSIST IN RESEARCH ACTIVITY WITH THE FACULTY AND, FINALLY, TO PROVIDE A MEANS OF FINANCIAL ASSISTANCE TO FACULTY AND CADETS IN THE FORM OF PART TIME AND/OR FULL TIME SUMMER EMPLOYMENT.
Activities or mission (Part I)
RESEARCH & EDUCATIONAL ACTIVITIES
-
PROJECTS IN COLLABORATION WITH THE UNITED STATES DEPARTMENT OF AGRICULTURE, THE UNITED STATES AIR FORCE, THE UNITED STATES NAVY, THE NATIONAL SCIENCE FOUNDATION, THE VIRGINIA DEPARTMENT OF GAME AND INLAND FISHERIES, THE UNIVERSITY OF WISCONSIN, LOCAL GOVERNMENTS, OTHER NOT FOR PROFITS AND PRIVATE INDUSTRY.
Expenses $2,151,725 · Revenue $2,177,868
-
EDUCATIONAL ACTIVITIES INCLUDING INTERNATIONAL INITIATIVES.
Expenses $849,676 · Grants $547,248 · Revenue $865,381
-
INDIRECT COSTS
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Jose GomezJOSE GOMEZ
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 0
-
Tim HodgesTIM HODGES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Mark BryantMARK BRYANT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Todd BrickhouseTODD BRICKHOUSE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Hal SnyderHAL SNYDER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Pat GriffinPAT GRIFFIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Robert EagleROBERT EAGLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Abigail DawsonABIGAIL DAWSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Chris WilsonCHRIS WILSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Wade E BellWADE E BELL
DIRECTOR OF RESEARCH
- Total calculated
- $6,600
- From this org
- $6,600
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Anne AlerdingANNE ALERDING
SECRETARY
- Total calculated
- $2,400
- From this org
- $2,400
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Angie FafatasANGIE FAFATAS
TREASURER/CONTRACTUAL OFFI
- Total calculated
- $36,575
- From this org
- $36,575
- From related orgs
- $0
- Other
- $0
- Hours/week
- 10
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Schedule J
Answered yes
- 2 · Substantiation required before reimbursing expenses
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 5 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202511259349302671
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