Virginia Tech Applied Research Corporation

Science & Technology · Arlington, Virginia

900 N Glebe Road 700, Arlington, VA 22203-1822

EIN: 271585738· Founded: May 2012· 14 years active· Filing Year: 2023

Annual Revenue

$20.4M

Total Expenses

$19.0M

Total Assets

$10.6M

Program Spending

39%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$661K

3.5% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$7.9M

Total Payroll

$8.6M

45% of total expenses

Where the Money Goes

39%

Programs: 39%

Payroll: 45%

Other overhead: 61%

Program Revenue$7.4M (36%)

Total Expenses$19.0M (93%)

Payroll$8.6M (45%)

Overhead (non-program)61%

Trust Score Breakdown

Program Spending Ratio

39% of expenses go to programs

40%

Revenue & Stability

$20.4M annual revenue

15%

Executive Compensation

$661K total officer comp (3.5% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$10.6M in assets

10%

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Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.