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Virginia · Nonprofit

VIRGINIA TECH APPLIED RESEARCH CORPORATION

VIRGINIA TECH APPLIED RESEARCH CORPORATION (Virginia) receives grants from 1 organization whose IRS filings report $705,757 to it, the largest being JOHNS HOPKINS UNIVERSITY ($705,757). 1 of them have funded it in more than one year.

Revenue FY2025
$20M
Funders on record
1
Grants received
$706k
Net assets
$3.1M
1/1 repeat funderspeak grant-dependency 4%
01What it does

What Virginia Tech Applied Research Corporation does

Mission

The mission of vt-arc is to extend the impact of the virginia tech research and innovation enterprise, delivering superior analytic and technology solutions to government and non-government customers.

As stated on its FY2025 Form 990.

Program

  1. The Virginia Tech Applied Research Corporation (vt-arc) extends the impact of virginia tech's basic and scholarly research enterprise by identifying and solving complex problems commonly associated with applied research and development. The corporation seeks to develop innovative solutions to complex national challenges.

    $19,558,889 spent$3,801,714 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $19,558,889.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($8.8M) Expenses 100 ($8.4M) Net assets -500 ($-2543108)2018 Revenue 155 ($14M) Expenses 127 ($11M) Net assets 100 ($509k)2019 Revenue 124 ($11M) Expenses 122 ($10M) Net assets 241 ($1.2M)2020 Revenue 122 ($11M) Expenses 131 ($11M) Net assets 205 ($1.0M)2021 Revenue 147 ($13M) Expenses 153 ($13M) Net assets 236 ($1.2M)2022 Revenue 209 ($19M) Expenses 208 ($17M) Net assets 436 ($2.2M)2023 Revenue 231 ($20M) Expenses 226 ($19M) Net assets 715 ($3.6M)2024 Revenue 239 ($21M) Expenses 238 ($20M) Net assets 931 ($4.7M)2025 Revenue 230 ($20M) Expenses 261 ($22M) Net assets 610 ($3.1M)
'17'18'19'20'21'22'23'24'25
Revenue (230)Expenses (261)Net assets (610)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $5.8M to $11M (+82%).

$3.7M
$4.4M
$4.9M
$4.2M
$4.6M
$5.8M
$11M
$14M
$13M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 26% · 2018 26% · 2019 42% · 2020 50% · 2021 39% · 2022 38% · 2023 62% · 2024 80% · 2025 81%. Grants only. Government contracts and fees sit inside program revenue.

81% of VIRGINIA TECH APPLIED RESEARCH CORPORATION’s revenue is contributions — more donation-reliant than the typical peer (52% for the typical peer).

This organization
Typical peer · 155 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

$441k
’17
$3.1M
’18
$716k
’19
−$183k
’20
$157k
’21
$1.0M
’22
$1.4M
’23
$1.1M
’24
−$1.6M
’25
0.4
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Mr John Forte

President/CEO

Board chair

Dr Daniel Sui

Chair/director

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed191920212521222521
Joined·+11+5+2+10+11+2+4+3
No longer listed·1141615117
03Who funds it

Who funds it, year by year

2017 → 2018: the base held at 1 funder, grant income rose $63k → $540k.

Funder
'17
'18
'24*
total
$706k
funders
1
1
1

From the IRS filings of VIRGINIA TECH APPLIED RESEARCH CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

VIRGINIA TECH APPLIED RESEARCH CORPORATION draws 100% of its grant income from funders outside Virginia, across 1 state in all.

MD

In-state vs out-of-state, by year

’17
’18
Virginia out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

VIRGINIA TECH APPLIED RESEARCH CORPORATION has grown faster than half of the 78 science & tech nonprofits its size.

Operating margin−8% · bottom quartile
Months of reserve0.4mo · bottom quartile
Revenue growth (annualized)11% · above the median

this organization peer median middle 50% of peers· 78 science & tech nonprofits $10M–$100M, FY2025

Government funding VIRGINIA TECH APPLIED RESEARCH CORPORATION receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $70.0M on record — $70.0M federal, $20k state.

Federal$70.0M
grants $66.8Mcontracts $3.2M
17
18
19
20
21
22
23
24
25
26
Top agencies
  • Department of Defense$69.2M
  • National Science Foundation$750k
State$20k
20
21
Top programs
  • OTHER SERVICES$20k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like VIRGINIA TECH APPLIED RESEARCH CORPORATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Virginia

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

89% of spending goes to programs.

Program 89%Management 11%Fundraising 0%

Governance

10
board members
60%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Part of a family of 1 related entity

  • Virginia Polytechnic Institute and State University · exempt

Screen this organization

A dated, signed PDF of the compliance screen for VIRGINIA TECH APPLIED RESEARCH CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds VIRGINIA TECH APPLIED RESEARCH CORPORATION?
VIRGINIA TECH APPLIED RESEARCH CORPORATION (Virginia) receives grants from 1 organization whose IRS filings report $705,757 to it, the largest being JOHNS HOPKINS UNIVERSITY ($705,757). 1 of them have funded it in more than one year.
How many funders does VIRGINIA TECH APPLIED RESEARCH CORPORATION have?
IRS filings report 1 organization giving $705,757 in grants to VIRGINIA TECH APPLIED RESEARCH CORPORATION, 1 of which have funded it in more than one year.
Who is the largest funder of VIRGINIA TECH APPLIED RESEARCH CORPORATION?
JOHNS HOPKINS UNIVERSITY is the largest funder on record, with $705,757 in grants. The full list of funders is on this page.
How can an organization like VIRGINIA TECH APPLIED RESEARCH CORPORATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Virginia Tech Applied Research →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing