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V M I Research Laboratories

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$2.41M (2023)

Expenses
$2.64M (2023)

Total Assets
$1.59M (2023)

Total Liabilities
$800k (2023)

Source: Form 990 tax filings from 2012 to 2023

Tax Filings and Audits by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Audits are required to be submitted by nonprofit organizations that spend $750,000 or more in federal grant money in a fiscal year. "Single audits" look at the entire organization's finances and compliance, while other audits are program specific. Nonprofit Explorer has PDFs of audits for some nonprofits for fiscal year 2015 and later. Audit data is from the Federal Audit Clearinghouse.

Fiscal Year Ending June
2024

No Extracted Financial Data

Form 990 documents are not available for this tax period, but audit documents are available for download.

Document Links

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,414,533
Expenses
$2,644,048
Net Income
-$229,515
Net Assets
$793,031
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,386,445
98.8%
Investment Income $7,155
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $20,933
0.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $33,116
1.3%
Professional Fundraising Fees $0
Other Salaries and Wages $895,669
33.9%
Assets/Debt
Total Assets $1,592,848
Total Liabilities $799,817
Net Assets $793,031
Compensation
Key Employees and Officers Compensation Related Other
Angie Fafatas (Treasurer/Contractual Offi) $24,116 $0 $0
Wade E Bell (Director Of Research) $6,600 $0 $0
Anne Alerding (Secretary) $2,400 $0 $0
Charles E Edgar Iv (Chairman) $0 $0 $0
Elizabeth Knapp (Director) $0 $0 $0
Mark Bryant (Director) $0 $0 $0
Todd Brickhouse (Director) $0 $0 $0
Hal Snyder (Director) $0 $0 $0
John Daniel (Director) $0 $0 $0
Robert Eagle (Director) $0 $0 $0
Jose Gomez (Director) $0 $0 $0
Chris Wilson (Director) $0 $0 $0
Pat Griffin (Director) $0 $0 $0
Abigail Dawson (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,417,352
Expenses
$2,214,267
Net Income
$203,085
Net Assets
$972,204
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,375,713
98.3%
Investment Income $5,487
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $36,152
1.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $25,603
1.2%
Professional Fundraising Fees $0
Other Salaries and Wages $735,301
33.2%
Assets/Debt
Total Assets $1,533,902
Total Liabilities $561,698
Net Assets $972,204
Compensation
Key Employees and Officers Compensation Related Other
Angie Fafatas (Treasurer/Contractual Offi) $16,603 $0 $0
Wade E Bell (Director Of Research) $6,600 $0 $0
Anne Alerding (Secretary) $2,400 $0 $0
Charles E Edgar Iv (Chairman) $0 $0 $0
Elizabeth Knapp (Director) $0 $0 $0
Mark Bryant (Director) $0 $0 $0
Todd Brickhouse (Director) $0 $0 $0
Hal Snyder (Director) $0 $0 $0
John Daniel (Director) $0 $0 $0
Robert Eagle (Director) $0 $0 $0
Jose Gomez (Director) $0 $0 $0
Chris Wilson (Director) $0 $0 $0
Pat Griffin (Director) $0 $0 $0
Abigail Dawson (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,132,928
Expenses
$1,018,853
Net Income
$114,075
Net Assets
$814,456
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,127,689
99.5%
Investment Income $4,358
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $881
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $24,558
2.4%
Professional Fundraising Fees $0
Other Salaries and Wages $404,006
39.7%
Assets/Debt
Total Assets $1,098,262
Total Liabilities $283,806
Net Assets $814,456
Compensation
Key Employees and Officers Compensation Related Other
Angie Fafatas (Treasurer/Contractual Offi) $15,558 $0 $0
Wade E Bell (Director Of Research) $6,600 $0 $0
Anne Alerding (Secretary) $2,400 $0 $0
Charles E Edgar Iv (Chairman) $0 $0 $0
Elizabeth Knapp (Director) $0 $0 $0
Mark Bryant (Director) $0 $0 $0
Todd Brickhouse (Director) $0 $0 $0
Hal Snyder (Director) $0 $0 $0
John Daniel (Director) $0 $0 $0
Robert Eagle (Director) $0 $0 $0
Jose Gomez (Director) $0 $0 $0
Chris Wilson (Director) $0 $0 $0
Pat Griffin (Director) $0 $0 $0
Abigail Dawson (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$389,877
Expenses
$451,096
Net Income
-$61,219
Net Assets
$608,775
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $383,649
98.4%
Investment Income $5,384
1.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $844
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $20,332
4.5%
Professional Fundraising Fees $0
Other Salaries and Wages $141,357
31.3%
Assets/Debt
Total Assets $697,728
Total Liabilities $88,953
Net Assets $608,775
Compensation
Key Employees and Officers Compensation Related Other
Angie Fafatas (Treasurer/Contractual Offi) $11,332 $0 $0
Wade E Bell (Director Of Research) $6,600 $0 $0
Anne Alerding (Secretary) $2,400 $0 $0
Charles E Edgar Iv (Chairman) $0 $0 $0
Elizabeth Knapp (Director) $0 $0 $0
Mark Bryant (Director) $0 $0 $0
Todd Brickhouse (Director) $0 $0 $0
Hal Snyder (Director) $0 $0 $0
John Daniel (Director) $0 $0 $0
Robert Eagle (Director) $0 $0 $0
Jose Gomez (Director) $0 $0 $0
Chris Wilson (Director) $0 $0 $0
Pat Griffin (Director) $0 $0 $0
Abigail Dawson (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$353,874
Expenses
$417,258
Net Income
-$63,384
Net Assets
$654,184
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $348,146
98.4%
Investment Income $5,728
1.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $21,832
5.2%
Professional Fundraising Fees $0
Other Salaries and Wages $161,959
38.8%
Assets/Debt
Total Assets $703,972
Total Liabilities $49,788
Net Assets $654,184
Compensation
Key Employees and Officers Compensation Related Other
Della Martin (Treasurer/Contractual Offi) $6,860 $0 $0
Wade E Bell (Director Of Research) $6,691 $0 $0
Angie Fafatas (Treasurer/Contractual Offi) $5,848 $0 $0
Anne Alerding (Secretary) $2,433 $0 $0
Charles E Edgar Iv (Chairman) $0 $0 $0
Elizabeth Knapp (Director) $0 $0 $0
Col Mark Bryant (Director) $0 $0 $0
Todd Brickhouse (Director) $0 $0 $0
Hal Snyder (Director) $0 $0 $0
Robert Eagle (Director) $0 $0 $0
Jose Gomez (Director) $0 $0 $0
Chris Wilson (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$341,255
Expenses
$291,431
Net Income
$49,824
Net Assets
$698,705
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $333,377
97.7%
Investment Income $7,878
2.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $28,680
9.8%
Professional Fundraising Fees $0
Other Salaries and Wages $130,744
44.9%
Assets/Debt
Total Assets $842,143
Total Liabilities $143,438
Net Assets $698,705
Compensation
Key Employees and Officers Compensation Related Other
Della Martin (Treasurer/Contractual Offi) $13,680 $0 $0
Anne Alerding (Secretary) $8,400 $0 $0
Wade E Bell (Director Of Research) $6,600 $0 $0
William B Dyer Iii (Chairman) $0 $0 $0
Elizabeth Knapp (Director) $0 $0 $0
Col Mark Bryant (Director) $0 $0 $0
Todd Brickhouse (Director) $0 $0 $0
Hal Snyder (Director) $0 $0 $0
John Gupton (Director) $0 $0 $0
Michael J Sebastino (Director, Dean's Represent) $0 $0 $0
Megan Newman (Director, Vmi Foundation) $0 $0 $0
Charles E Edgar Iv (Director) $0 $0 $0
Robert Eagle (Director) $0 $0 $0
Jose Gomez (Director) $0 $0 $0
Chris Wilson (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$240,789
Expenses
$324,297
Net Income
-$83,508
Net Assets
$632,210
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $233,881
97.1%
Investment Income $6,908
2.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $35,200
10.9%
Professional Fundraising Fees $0
Other Salaries and Wages $157,316
48.5%
Assets/Debt
Total Assets $708,833
Total Liabilities $76,623
Net Assets $632,210
Compensation
Key Employees and Officers Compensation Related Other
Della Martin (Treasurer/Contractual Offi) $12,610 $0 $0
Anne Alerding (Secretary) $8,400 $0 $0
Wade E Bell (Director Of Research) $6,600 $0 $0
William B Dyer Iii (Chairman) $0 $0 $0
Elizabeth Knapp (Director) $0 $0 $0
Greg Hatchett (Director) $0 $0 $0
Todd Brickhouse (Director) $0 $0 $0
Mark Bryant (Director) $0 $0 $0
Hal Snyder (Director) $0 $0 $0
John Gupton (Director) $0 $0 $0
Ltc Bob Yearout (Director) $0 $0 $0
Michael J Sebastino (Director, Dean's Represent) $0 $0 $0
Megan Newman (Director, Vmi Foundation) $0 $0 $0
Charles E Edgar Iv (Director) $0 $0 $0
Robert Eagle (Director) $0 $0 $0
Jose Gomez (Director) $0 $0 $0
Chris Wilson (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$216,689
Expenses
$291,889
Net Income
-$75,200
Net Assets
$697,046
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $212,268
98.0%
Investment Income $4,421
2.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $29,190
10.0%
Professional Fundraising Fees $0
Other Salaries and Wages $139,943
47.9%
Assets/Debt
Total Assets $810,459
Total Liabilities $113,413
Net Assets $697,046
Compensation
Key Employees and Officers Compensation Related Other
Matthew Padfield (Treasurer/Contractual Offi) $19,990 $0 $0
Wade E Bell (Director Of Research) $6,600 $0 $0
Anne Alerding (Secretary) $2,600 $0 $0
William B Dyer Iii (Chairman) $0 $0 $0
Elizabeth Knapp (Director) $0 $0 $0
Greg Hatchett (Director) $0 $0 $0
Todd Brickhouse (Director) $0 $0 $0
James C Burns (Director) $0 $0 $0
Hal Snyder (Director) $0 $0 $0
John Gupton (Director) $0 $0 $0
Ltc Bob Yearout (Director) $0 $0 $0
Michael J Sebastino (Director, Dean's Represent) $0 $0 $0
Megan Newman (Director, Vmi Foundation) $0 $0 $0
Charles E Edgar Iv (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$324,941
Expenses
$212,652
Net Income
$112,289
Net Assets
$768,041
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $319,985
98.5%
Investment Income $4,087
1.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $869
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $23,510
11.1%
Professional Fundraising Fees $0
Other Salaries and Wages $114,434
53.8%
Assets/Debt
Total Assets $850,969
Total Liabilities $82,928
Net Assets $768,041
Compensation
Key Employees and Officers Compensation Related Other
Matthew Padfield (Treasurer/Contractual Offi) $11,510 $0 $0
Wade E Bell (Director Of Research) $6,600 $0 $0
Anne Alerding (Secretary) $5,400 $0 $0
William B Dyer Iii (Chairman) $0 $0 $0
Elizabeth Knapp (Director) $0 $0 $0
Greg Hatchett (Director) $0 $0 $0
Robert W Benninger (Director) $0 $0 $0
Todd Brickhouse (Director) $0 $0 $0
James C Burns (Director) $0 $0 $0
Hal Snyder (Director) $0 $0 $0
Harry M Moore (Director) $0 $0 $0
G David Smith (Director) $0 $0 $0
John Gupton (Director) $0 $0 $0
Ltc Bob Yearout (Director) $0 $0 $0
Michael J Sebastino (Director, Dean's Represent) $0 $0 $0
Jackie Berkshire (Director, Vmi Foundation) $0 $0 $0
H George White (Director) $0 $0 $0
Charles E Edgar Iv (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$562,573
Expenses
$598,490
Net Income
-$35,917
Net Assets
$648,548
Notable Sources of Revenue Percent of Total Revenue
Contributions $23,000
4.1%
Program Services $535,826
95.2%
Investment Income $3,747
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $20,318
3.4%
Professional Fundraising Fees $0
Other Salaries and Wages $119,343
19.9%
Assets/Debt
Total Assets $710,282
Total Liabilities $61,734
Net Assets $648,548
Compensation
Key Employees and Officers Compensation Related Other
Anne Alerding (Secretary) $8,900 $0 $0
Wade E Bell (Director Of Research) $6,600 $0 $0
Jeffrey L Lawhorne (Treasurer/Contractual Offi) $4,818 $0 $0
William B Dyer Iii (Director) $0 $0 $0
David S Wilkinson (Chairman) $0 $0 $0
Greg Hatchett (Director) $0 $0 $0
Robert W Benninger (Director) $0 $0 $0
Bland Massie (Director) $0 $0 $0
James C Burns (Director) $0 $0 $0
J Wade Stinnette Jr (Director) $0 $0 $0
Harry M Moore (Director) $0 $0 $0
G David Smith (Director) $0 $0 $0
John Gupton (Director) $0 $0 $0
Ltc Bob Yearout (Director) $0 $0 $0
Michael J Sebastino (Director, Dean's Represent) $0 $0 $0
Jacki Bellairs (Director, Vmi Foundation) $0 $0 $0
Elizabeth D Camp (Director, Board Of Visitor) $0 $0 $0
Charles E Edgar Iv (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$527,553
Expenses
$599,477
Net Income
-$71,924
Net Assets
$660,761
Notable Sources of Revenue Percent of Total Revenue
Contributions $23,000
4.4%
Program Services $501,018
95.0%
Investment Income $3,535
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $12,749
2.1%
Professional Fundraising Fees $0
Other Salaries and Wages $123,777
20.6%
Assets/Debt
Total Assets $735,910
Total Liabilities $75,149
Net Assets $660,761

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$538,345
Expenses
$558,435
Net Income
-$20,090
Net Assets
$718,373
Notable Sources of Revenue Percent of Total Revenue
Contributions $23,000
4.3%
Program Services $510,087
94.8%
Investment Income $5,179
1.0%
Bond Proceeds $0
Royalties $79
0.0%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $11,376
2.0%
Professional Fundraising Fees $0
Other Salaries and Wages $129,471
23.2%
Assets/Debt
Total Assets $800,802
Total Liabilities $82,429
Net Assets $718,373

Document Links

Fiscal Year Ending June
2011

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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