Virginia Tech Innovations Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 16,922 | 17,455 | −533 | -16.9 | — |
| 2014 | 9,560 | 8,660 | 900 | -33.5 | — |
| 2015 | 13,042 | 14,067 | −1,025 | -21.5 | — |
| 2016 | 0 | 25 | −25 | -327.8 | — |
| 2017 | 0 | 75 | −75 | -121.3 | — |
| 2018 | 0 | 75 | −75 | -133.3 | — |
| 2019 | 0 | 75 | −75 | -145.3 | — |
| 2020 | 832,030 | 806,192 | 25,838 | 4.2 | 52% |
| 2021 | 455,712 | 504,634 | −48,922 | 1.1 | 73% |
| 2022 | 745,167 | 736,867 | 8,300 | 0.1 | 79% |
| 2023 | 754,122 | 687,400 | 66,722 | 1.2 | 3% |
In its most recent public year (2023), this organization brought in $66,722 more than it spent. Its reserves stood at about 1.2 months of spending, up from -16.9 in 2013. Staff pay was 3% 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
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