Virginia Tech Applied Research Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 0 | 30,915 | −30,915 | -12.0 | — |
| 2012 | 409,167 | 3,973,357 | −3,564,190 | -12.7 | 40% |
| 2013 | 2,765,192 | 7,637,906 | −4,872,714 | -14.3 | 39% |
| 2014 | 7,885,369 | 10,488,001 | −2,602,632 | -13.4 | 34% |
| 2015 | 6,386,307 | 8,979,053 | −2,592,746 | -19.1 | 33% |
| 2016 | 19,394,531 | 8,091,483 | 11,303,048 | -4.4 | 31% |
| 2017 | 8,842,496 | 8,401,158 | 441,338 | -3.6 | 34% |
| 2018 | 13,708,646 | 10,656,765 | 3,051,881 | 0.6 | 37% |
| 2019 | 11,002,616 | 10,286,733 | 715,883 | 1.4 | 47% |
| 2020 | 10,792,958 | 10,975,690 | −182,732 | 1.1 | 46% |
| 2021 | 12,977,041 | 12,820,475 | 156,566 | 1.1 | 39% |
| 2022 | 18,502,701 | 17,484,253 | 1,018,448 | 1.5 | 35% |
| 2023 | 20,398,451 | 18,979,267 | 1,419,184 | 2.3 | 45% |
In its most recent public year (2023), this organization brought in $1,419,184 more than it spent. Its reserves stood at about 2.3 months of spending, up from -12 in 2010. Staff pay was 45% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Virginia Tech Applied Research Corporation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works