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VIRGINIA TECH SERVICES INC

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Public IRS 990 nonprofit record

VIRGINIA TECH SERVICES INC

EIN 54-0836195 · Education (B80Z)

What they do

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.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $54.30 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders11 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

37.69%of revenue went to mission work54.3% of expenses · Program services
$69.48spent for every $100 of revenueRevenue covered expenses this year.
31.78%of revenue went to management and office costs45.7% of expenses
$6.26in assets for every $1 spent this yearSome assets cannot be spent right away.

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  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $161,293 for MRS AMY S SEBRING (DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$2,408,417
Mission workProgram services$907,83037.69% of revenue54.3% of expenses
ManagementOffice and general costs$765,44331.78% of revenue45.7% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Revenue left after expensesReported annual surplus$735,14430.52% of revenueShown in gray on the chart
Total expenses$1,673,27369.48% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 54.3% mission · 45.7% management · 0.0% fundraisingTotal expenses: 69.48% of revenue
2023Expense mix: 80.4% mission · 19.6% management · 0.0% fundraisingTotal expenses: 63.67% of revenue
2022Expense mix: 78.1% mission · 21.9% management · 0.0% fundraisingTotal expenses: 67.80% of revenue
2021Expense mix: 79.9% mission · 20.1% management · 0.0% fundraisingTotal expenses: 77.69% of revenue
2020Expense mix: 75.5% mission · 24.5% management · 0.0% fundraisingTotal expenses: 96.04% of revenue
2019Expense mix: 74.1% mission · 25.9% management · 0.0% fundraisingTotal expenses: 82.41% of revenue
2018Expense mix: 76.5% mission · 23.5% management · 0.0% fundraisingTotal expenses: 102.23% of revenue
2017Expense mix: 70.5% mission · 29.5% management · 0.0% fundraisingTotal expenses: 99.65% of revenue

Money in and money out

Revenue$2,408,417
Expenses$1,673,273
Annual surplus $735,144 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$907,830 · 54.3% of expenses
Management and office costs$765,443 · 45.7% of expenses
See all reported dollar amounts
Revenue$2,408,417
Expenses$1,673,273
Assets$10,469,318
Income$3,106,000
Mission work (program services)$907,830
Grants given$5,265,000
Average grant$877,500
Management and general$765,443
Accounting fees$82,912
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
MRS AMY S SEBRINGDIRECTOR · 1 hrs/week $161,293Base · Other $161,293
DR CYRIL R CLARKEDIRECTOR · 1 hrs/week $140,693Base · Other $140,693
DR FRANCES KEENEDIRECTOR/VICE-CHAIR · 1 hrs/week $68,942Base · Other $68,942
DR JENNIFER M CASEDIRECTOR · 1 hrs/week $54,264Base · Other $54,264
DR REBECCA A WEAVER-HIGHTOWERDIRECTOR · 1 hrs/week $51,727Base · Other $51,727
MR JASON P SHARPDIRECTOR · 1 hrs/week $45,658Base · Other $45,658
MS LYNSAY M BELSHEDIRECTOR/AGENT · 6 hrs/week $37,413Base · Other $37,413
DR PATRICIA W HAMMERDIRECTOR · 1 hrs/week $33,586Base · Other $33,586
MR JACOB L SHORTTDIRECTOR/CHAIR · 1 hrs/week $32,021Base · Other $32,021
MR ROBERT E PILLOWDIRECTOR · 1 hrs/week $14,572Base · Other $14,572

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (11)

MRS AMY S SEBRINGDIRECTOR

DR CYRIL R CLARKEDIRECTOR

DR FRANCES KEENEDIRECTOR/VICE-CHAIR

DR JENNIFER M CASEDIRECTOR

DR REBECCA A WEAVER-HIGHTOWERDIRECTOR

MR JASON P SHARPDIRECTOR

MS LYNSAY M BELSHEDIRECTOR/AGENT

DR PATRICIA W HAMMERDIRECTOR

MR JACOB L SHORTTDIRECTOR/CHAIR

MR ROBERT E PILLOWDIRECTOR

JUSTICE ELIZABETH A MCCLANAHANSECRETARY-TREASURER

About this charity

Recognized since
January 1967
Location
115 KENT ST, BLACKSBURG, VA 24061-1054
County
Montgomery
In care of
% VOLUME TWO BOOKSTORE
Primary officer
LYNSAY BELSHE, AGENT FOR VIRGINIA TECH SERVICES

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
July 1, 2024
Return type
990
Tax preparer
BROWN EDWARDS & COMPANY LLP
NTEE classification
Education (B80Z)
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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