2025-11-14T16:21:10+00:00 2025-06-30 440160260 Forvis Mazars LLP 901 East Cary Street Suite 1000 Richmond VA 23219 990 2024-07-01 521300039 Vmi Keydet Club VMIK 5404647383 PO Box 932 Lexington VA 24450 Crissy S Elliott Chief Financial Officer 2025-11-14 true true Stephen Kimberlin P01296597 8042827636 2025-11-14 2024 2025-03-06 01:10:19Z Crissy S Elliott PO Box 932 Lexington VA 24450 8501922 false X www.vmialumni.org X 1973 VA The purpose of the VMI Keydet Club is to support, strengthen, and develop the intercollegiate athletic program at VMI. 27 27 2 0 396535 272304 5998339 6784943 0 0 2201901 1716979 4834 0 8205074 8501922 9932048 8329681 0 0 228104 232699 0 0 294581 494389 774950 10654541 9337330 -2449467 -835408 111868702 118883177 7629807 7975744 104238895 110907433 THE MISSION OF VMI KEYDET CLUB IS TO SUPPORT, STRENGTHEN, AND DEVELOP THE INTERCOLLEGIATE ATHLETIC PROGRAM AT VIRGINIA MILITARY INSTITUTE. false false 8477323 8329681 Athletic scholarships and support of Virginia Military Institute. 8477323 true true false false false false false false false true true true false false true true false true false false true false false false false false false true false true false false false false false false false false false false true false false false false true false false false false true 0 0 2 true true true false false false false true true false false false false false false X 27 27 false false false false true true true true true false false false false true true true true true true true false false VA X The Organization 5404647383 PO Box 932 Lexington VA 24450 Dr Bland Massie Jr BOARD MEMBER 2.0 X 0 0 0 Lt Col R Peel Dillard USMCR Board Member 2.0 X 0 0 0 Mr Daniel P Thornton Board Member 2.0 5.0 X 0 0 0 Mr Dustin H DeVore Board Member 2.0 X 0 0 0 Mr Ernesto V Sampson Jr Board Member 2.0 X 0 0 0 Mr Francis R Boehling Board Member 2.0 X 0 0 0 Mr Frederick J Killmeyer IV Board Member 2.0 X 0 0 0 Mr Gordon E Williams Board Member 2.0 X 0 0 0 Mr Graham A Nuttycombe Board Member 2.0 X 0 0 0 Mr J Coleman Lawrence Board Member 2.0 X 0 0 0 Mr Jeremy W Ingram Board Member 2.0 X 0 0 0 Mr John D Dodge II Board Member 2.0 X 0 0 0 Mr Joseph W Keyes Jr Board Member 2.0 X 0 0 0 Mr Keith B Gabriel Board Member 2.0 X 0 0 0 Mr Kelly M Sweppenhiser Board Member 2.0 5.0 X 0 0 0 Mr Kenneth B Luxhoj Board Member 2.0 X 0 0 0 Mr Matthew R Hermenez Board Member 2.0 X 0 0 0 Mr Michael B Kemp Board Member 2.0 X 0 0 0 Mr Pablo A Martinez Board Member 2.0 X 0 0 0 Mr Ralph L Costen Jr Board Member 2.0 X 0 0 0 Mr Robert R Chapman III Board Member 2.0 X 0 0 0 Mr Stephen E Hupp Sr Board Member 2.0 X 0 0 0 Mr Thomas J Langston Board Member 2.0 X 0 0 0 Mr Timothy M Keilty Board Member 2.0 X 0 0 0 Mr William H Talley Board Member 2.0 X 0 0 0 Ms Lezshell A Pauling Board Member 2.0 X 0 0 0 Ms Simone R Jimenez Board Member 2.0 X 0 0 0 Andrew C Deal Chief Operating Officer 40.0 0.0 X 143585 0 25148 Crissy S Elliott Chief Financial Officer 2.0 44.0 X 0 182835 33436 David L Prasnicki Chief Executive Officer 2.0 44.0 X 0 280759 18156 Kevin A Ryan Financial Controller 2.0 44.0 X 0 163894 4216 143585 627488 80956 1 false true false 0 6784943 956680 6784943 0 0 0 0 0 1716979 396535 1320444 0 0 0 0 0 0 0 0 0 8501922 0 396535 1320444 8329681 8329681 172171 34434 25826 111911 19646 3929 2947 12770 27528 5506 4129 17893 13354 2671 2003 8680 501237 501237 0 0 0 0 8197 652 3185 4360 7652 765 6887 67897 61107 6790 SPECIAL FUNCTIONS 185436 37087 18544 129805 Dues & Subscriptions 2425 1940 485 Miscellaneous 2106 316 1790 0 0 0 0 9337330 8477323 565426 294581 11160704 13370656 6046139 5126733 793 0 0 9292 20753 1179 1179 0 0 94086539 99785114 0 565235 579921 111868702 118883177 0 7629807 7975744 7629807 7975744 X -2878163 -2878163 107117058 113785596 104238895 110907433 111868702 118883177 X -835408 7537935 -33989 X X false true true false X 6120436 8275314 9849635 5998339 6784943 37028667 0 0 6120436 8275314 9849635 5998339 6784943 37028667 3536283 33492384 1060962 1107683 2241031 2201901 1716979 8328556 0 4792 166408 8860 4834 0 184894 45542117 0 0.73542 0.7538 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - ADMINISTRATIVE FEE, COLUMN A - 4792.0, COLUMN B - 166408.0, COLUMN C - 8860.0, COLUMN D - 4834.0, COLUMN E - , COLUMN F - 184894.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 97757889 3342015 15475387 7472690 109102601 89106660 2836830 10210979 4396580 97757889 81701341 4009274 7675997 4279952 89106660 84032225 2244988 -1098694 3477178 81701341 67207284 693557 19930055 3798671 84032225 0.0 1.0 0.0 false true true 1179 1179 0 0 Closely-held equity interests Financial derivatives SECURITIES - POOLED FUND 99346779 F Other investments 438335 F 99785114 Federal Income Taxes due to related entities 7962835 Liabilities under charitable gift annuities 12909 7975744 X 0 0 0 0 0 0 0 0 0 0 0 0 Schedule D, Part V, Line 4 Intended uses of endowment funds THE INTENDED USE OF THE ENDOWMENT FUNDS IS TO SUPPORT THE Intercollegiate athletic programs at VIRGINIA MILITARY INSTITUTE (VMI), A STATE-SUPPORTED SCHOOL. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The Organization is exempt from federal and state income taxes as a nonprofit organization under Section 501(c)(3) of the Internal Revenue Code and the tax statutes of the Commonwealth of Virginia. In addition, the Organization has been classified as an organization that is not a private foundation under Section 509(a) of the Internal Revenue Code. Central America and the Caribbean 0 0 Investments 1784469 0 0 0 0 0 0 1784469 0 1784469 true false false true true false Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Cash true Virginia Military Institute 319 Letcher Avenue Lexington VA 24450 546001803 115 8014622 VARIOUS PROGRAM SUPPORT VMI Alumni Agencies Board PO Box 932 Lexington VA 24450 541429093 501(c)(3) 315059 Administrative Support 2 0 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds VMI Keydet Club AWARDS ASSISTANCE ONLY TO VIRGINIA MILITARY INSTITUTE, A STATE-SUPPORTED SCHOOL and related agencies. FUNDS AWARDED ARE BASED ON THE INSTITUTE'S NEED AND REQUEST FOR FUNDS. X true true X X X false false false false false false false false false Andrew C Deal Chief Operating Officer 136085 0 7500 0 0 0 22357 0 2791 0 168733 0 0 0 David L Prasnicki Chief Executive Officer 0 272259 0 8500 0 0 0 14000 0 4156 0 298915 0 0 Crissy S Elliott Chief Financial Officer 0 176835 0 6000 0 0 0 30500 0 2936 0 216271 0 0 Kevin A Ryan Financial Controller 0 157394 0 6500 0 0 0 0 0 4216 0 168110 0 0 Schedule J, Part I, Line 1a Health or social club dues or initiation fees Type of Benefit: Health or social club dues or initiation fees Listed person who received the benefit: CEO of VMI Keydet Club Was the benefit treated as taxable to listed person? yes Schedule J, Part I, Line 3 THE ORGANIZATION HAS A COMPENSATION COMMITTEE THAT REVIEWS ALL SALARIES. COMPARATIVE DATA IS SUPPLIED FOR ALL POSITIONS. 72 956680 Market value 0 false true true Schedule M, Part I, Line 32b Third parties used to solicit, process, or sell noncash contributions VMI Keydet Club has engaged The Giving Block to process any cryptocurrency. Form 990, Part VI, Line 6 Classes of members or stockholders THE VMI ALUMNI ASSOCIATION HAs MEMBERS CONSISTING OF THOSE GRADUATED FROM VMI. THE MEMBERS OF THE VMI ALUMNI ASSOCIATION BOARD OF DIRECTORS SERVE AS MEMBERS OF THE KEYDET CLUB. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body THE ORGANIZATION'S BOARD MEMBERS NOMINATE, VOTE, AND ELECT NEW BOARD MEMBERS. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders DECISIONS MADE BY THE BOARD ARE PUT TO A VOTE AT BOARD MEETINGS, AND MUST SATISFY BOARD VOTING RULES PRIOR TO DECISION APPROVAL. Form 990, Part VI, Line 11b Review of form 990 by governing body Prior to its filing, a public disclosure copy of the Form 990 was made available to board members. Since a complete copy of the Form 990 was not provided to the Board, the organization has answered "NO" to Form 990, Part VI, Question 11A. Form 990, Part VI, Line 12c Conflict of interest policy ANNUAL CONFLICT OF INTEREST STATEMENTS ARE COMPLETED BY ALL BOARD MEMBERS. ADDITIONALLY, A CONFLICT OF INTEREST POLICY WHICH GOVERNS ALL BOARD MEMBERS IS IN PLACE AND REVIEWED AND UPDATED ANNUALLY FOR EXISTING AND NEW BOARD MEMBERS. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE ORGANIZATION HAS A COMPENSATION COMMITTEE THAT REVIEWS ALL SALARIES. COMPARATIVE DATA IS SUPPLIED FOR ALL POSITIONS. Form 990, Part VI, Line 15b Process to establish compensation of other employees THE ORGANIZATION HAS A COMPENSATION COMMITTEE THAT REVIEWS ALL SALARIES. COMPARATIVE DATA IS SUPPLIED FOR ALL POSITIONS. Form 990, Part VI, Line 19 Required documents available to the public GOVERNING DOCUMENTS ARE AVAILABLE ON ORGANIZATION'S WEBSITE AND ARE ALSO AVAILABLE UPON REQUEST. Form 990, Part XI, Line 9 Other changes in net assets or fund balances Actuarial gain (loss) on Trust & Annuity obligations - -33989; Total - -33989; Form 990, Part XII, Line 2c Change of oversight process or selection process THE ORGANIZATION HAS AN AUDIT COMMITTEE IN PLACE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE AUDITED FINANCIAL STATEMENTS ARE REVIEWED AT A SCHEDULED MEETING EACH YEAR. VMI ALUMNI ASSOCIATION PO BOX 932 Lexington VA 24450 540515753 Organize alumni into one association VA 501(c)(3) 7 na false VMI FOUNDATION PO Box 932 Lexington VA 24450 540505966 SUPPORT VIRGINIA MILITARY INSTITUTE, A STATE-SUPPORTED SCHOOL VA 501(c)(3) 7 na false VMI ALUMNI AGENCIES BOARD INC PO Box 932 Lexington VA 24450 541429093 Receive and manage assets for the support of VMI VA 501(c)(3) Type I na false false false false false true false false false false false false true false true true false false false false