To own and operate bookstores and provide other Services for the use and benefit of students, faculty, staff, and alumni of Virginia polytechnic institute and state university and to transfer, as the board of directors may determine, any surplus funds to the university or the Virginia Tech foundation, INC. For allocation and use by the university, as the president of the university and board of visitors deem appropriate.

501(c)(3) charity; gifts are tax-deductible.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78

Before you give

FY2026 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2026
latest Form 990
Looks good: the latest return is for FY2026, this tax year; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 7
filings with a surplus
Average deficit $724K a year · 23% of revenue · last 7 filings
Fine: a surplus in 6 of the last 7 filings.
Pt I · Ln 19 · 7 filings
Named funders
1
named funder · $90
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$158K
-93% vs prior year
Spent
$10.7M
Net assets
$0
By yearFY2020–FY2026
Revenue
$158K
FY2026▼ -93%
Tap a bar for its year
Revenue by fiscal year
FY2020$4.2M
FY2021$2.5M
FY2022$3.9M
FY2023$4.2M
FY2024$4.5M
FY2025$2.4M
FY2026$158K
Expenses
$10.7M
FY2026▲ +539%
Tap a bar for its year
Expenses by fiscal year
FY2020$3.4M
FY2021$2.4M
FY2022$3.0M
FY2023$2.9M
FY2024$2.9M
FY2025$1.7M
FY2026$10.7M
Net assets
$0
FY2026▼ -100%
Tap a bar for its year
Net assets by fiscal year
FY2020$5.0M
FY2021$5.1M
FY2022$5.9M
FY2023$7.4M
FY2024$9.3M
FY2025$10.4M
FY2026$0

From the FY2026 Form 990 (year ending June 2026) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2026. IRS ruling in Dec 1967.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Management & general 100% · $10.7M

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

12 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2025); the FY2026 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Mr David P Wilson’s $148K as Executive Director is at the 63rd percentile of top reported officer pay among 3395 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Donald J Williams————$209,029
Mr David P Wilson$148,073$142,252$136,633$102,844—
Mr Donald J Williams———$136,674—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Virginia Tech Services INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Operates bookstores and services for university students, faculty, staff, and alumni.

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Provided by the organization

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1 program · in their own filed words · FY2025
01

Operation of vending services and management of outsourced commissions contracts from retail operations including student bookstores and a coffee shop.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$90
Grants paid · 5 grants · $4.5M · 2019–2023
Virginia Tech Foundation INCVA · FY2023$1,000,000
Virginia Tech Foundation INCVA · FY2022$1,000,000
Virginia Tech Foundation INCVA · FY2021$1,000,000
Virginia Tech Foundation INCVA · FY2020$500,000
Virginia Tech Foundation INCVA · FY2019$1,000,000

By the numbers

The FY2026 990, line by line.

1The main four
Money inPt VIII
$158K
Ln 12
Other incomeLn 4–11$158K
Investment incomeLn 3$55K
Money outPt IX
$10.7M
Ln 25
Managementcol C$10.7M
Owns and owesPt X
$0
net assets · Ln 32
LiabilitiesLn 26$0
PeoplePt VI, VII
12
listed · VII A
PaidVII A0
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$55K
Other incomeLn 4–11$158K
Gains on assetsLn 7−$69K
Total revenueLn 12$158K
Assets in detailPt X, end of year
CashLn 1$0
SavingsLn 2$0
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
LiabilitiesLn 26$0
Net assetsLn 32$0
OperationsPt I, VI
EmployeesI 53
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY26End FY26
Cash and savingsLn 1–2$9.3M$0
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$69K$0
Total assetsLn 16$10.5M$0
LiabilitiesLn 26$65K$0
Net assetsLn 32$10.4M$0
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$110K$110K
Legal feesLn 11b$14K$14K
Accounting feesLn 11c$103K$103K
OccupancyLn 16$13K$13K
InsuranceLn 23$27K$27K
Other expenses (24a–d)Ln 24$10.4M$10.4M
All other expensesLn 24e$3K$3K
Total functional expensesLn 25$10.7M$0$10.7M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2026 Latest Viewing $158K$10.7M−$10.5M$0 990 PDF
FY2025 $2.4M$1.7M$735K$10.4M 990 PDF
FY2024 $4.5M$2.9M$1.6M$9.3M 990 PDF
FY2023 $4.2M$2.9M$1.4M$7.4M 990 PDF
FY2022 $3.9M$3.0M$872K$5.9M 990 PDF
FY2021 $2.5M$2.4M$100K$5.1M 990 PDF
FY2020 $4.2M$3.4M$734K$5.0M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2026 990 (6 parts)
Part I · Summary $157,968 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $1,825,122$0
I-10 Investment incomePrior year −$533,735−$14,252
I-11 Other revenuePrior year $1,117,030$172,220
I-12 Total revenuePrior year $2,408,417$157,968
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $646,648$109,545
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,026,625$10,575,925
I-18 Total expensesPrior year $1,673,273$10,685,470
I-19 Revenue less expensesPrior year $735,144−$10,527,502
Part VI · Governance 10 of 10 board members independent, no flags
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $157,968 across 5 lines filed
VIII-3 Investment incomeExcluded from tax $54,649$54,649
VIII-6 Net rental income or lossExcluded from tax $1,900$1,900
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$68,901−$68,901
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $170,320$170,320
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $157,968$157,968
Part IX · Statement of functional expenses $10,685,470 across 7 lines filed
IX-7 Other salaries and wagesManagement $109,545$109,545
IX-11b Legal feesManagement $14,007$14,007
IX-11c Accounting feesManagement $102,613$102,613
IX-16 OccupancyManagement $13,133$13,133
IX-23 InsuranceManagement $26,767$26,767
IX-24 Other expenses (24a–d)Management $10,416,451$10,416,451
IX-24e All other expensesManagement $2,954$2,954
IX-25 Total functional expensesPrograms $0 · Management $10,685,470 · Fundraising $0$10,685,470
Part X · Balance sheet $0 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $2,921,193$0
X-2 Savings and temporary cash investmentsStart of year $6,414,623$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $32,363$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $10,634$0
X-10c Land, buildings and equipment, netStart of year $68,901$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $1,021,604$0
X-16 Total assetsStart of year $10,469,318$0
X-17 Accounts payable and accrued expensesStart of year $65,247$0
X-26 Total liabilitiesStart of year $65,247$0
X-27 Net assets without donor restrictionsStart of year $10,404,071$0
X-32 Total net assets or fund balancesStart of year $10,404,071$0
X-33 Total liabilities and net assetsStart of year $10,469,318$0
Part XI · Reconciliation of net assets $0 net assets at year end
XI-1 Total revenue$157,968
XI-2 Total expenses$10,685,470
XI-3 Revenue less expenses−$10,527,502
XI-4 Net assets at start of year$10,404,071
XI-5 Net unrealized gains (losses) on investments$123,431
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$0

Form 990 e-file (XML) FY2026 from the IRS · Classification, formation year and address from the IRS Business Master File

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