VIRGINIA TECH SERVICES INC

EIN: 540836195 501(c)(3) Education

BLACKSBURG, VA

Total Revenue
$2,408,417
Total Expenses
$1,673,273
Total Assets
$10,469,318
Net Assets
$10,404,071
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1968
Legal Domicile
VA
Principal Officer
LYNSAY BELSHE
Phone
5402319810
Tax Period
2024-07-01 to 2025-06-30

VIRGINIA TECH SERVICES INC, founded in 1968, is a community nonprofit in the Education sector that reported $6.3M in total revenue in fiscal year 2018. Revenue decreased 18% compared to the prior year.

Mission

TO OWN AND OPERATE BOOKSTORES AND OTHER SERVICES FOR THE USE AND BENEFIT OF STUDENTS, FACULTY, STAFF, AND ALUMNI ON OR NEAR THE CAMPUS OF VA POLYTECHNIC INSTITUTE & STATE UNIVERSITY THROUGH THE MANAGEMENT OF OUTSOURCED OPERATIONS AND FACILITIES MAINTENANCE.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,825,122
Investment Income $-533,735
Other Revenue $1,117,030
TOTAL REVENUE $2,408,417

Expense Breakdown

Grants Paid $0
Salaries & Benefits $646,648
Fundraising Expenses $0
Program Expenses $907,830
Other Expenses $1,026,625
TOTAL EXPENSES $1,673,273

Year-over-Year Comparison

2024 2023 Change
Revenue $2,408,417 $4,533,795 -0.5%
Expenses $1,673,273 $2,886,518 -0.4%
Net Income $735,144 $1,647,277 -0.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Governance

Voting Members
10
Independent Members
10
Employees
4
Volunteers
N/A

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$614,368
Total Directors
11
$3,561,523
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MRS AMY S SEBRING DIRECTOR 1.00
Director
$0 $161,293 $737,943
DR FRANCES KEENE DIRECTOR/VICE-CHAIR 1.00
Officer Director
$0 $68,942 $413,169
DR PATRICIA W HAMMER DIRECTOR 1.00
Director
$0 $33,586 $255,978
DR CYRIL R CLARKE DIRECTOR 1.00
Director
$0 $140,693 $757,909
JUSTICE ELIZABETH A MCCLANAHAN SECRETARY-TREASURER 3.00
Officer Director
$0 $0 $0
MR JACOB L SHORTT DIRECTOR/CHAIR 1.00
Officer Director
$0 $32,021 $201,199
MR JASON P SHARP DIRECTOR 1.00
Director
$0 $45,658 $178,861
MS LYNSAY M BELSHE DIRECTOR/AGENT 6.00
Director
$0 $37,413 $377,268
DR JENNIFER M CASE DIRECTOR 1.00
Director
$0 $54,264 $322,983
MR ROBERT E PILLOW DIRECTOR 1.00
Director
$0 $14,572 $102,948
DR REBECCA A WEAVER-HIGHTOWER DIRECTOR 1.00
Director
$0 $51,727 $213,265
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $2,408,417 $1,673,273 $10,469,318 $735,144
2024 $4,533,795 $2,886,518 $12,869,418 $1,647,277
2023 $4,249,842 $2,881,427 $11,449,228 $1,368,415
2022 $3,908,616 $3,036,778 $8,676,644 $871,838
2021 $2,530,562 $2,430,331 $7,380,214 $100,231
2020 $4,172,135 $3,438,117 $7,310,978 $734,018
2019 $6,269,268 $6,409,136 $6,602,039 $-139,868
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