Civic Intelligence

Semper Quaere Verum Inc

EIN 26-4447955 • 501(c)3 • Wayzata, MN

Profile

Provide education educational resources

2420 Dunwoody AvenueWayzata, MN 55391

truthacademymn.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

62nd percentile

8.9%

Higher net margin than 62% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

84th percentile

$6,000

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 4.2% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

73rd percentile

16%

Faster asset growth than 73% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

50th percentile

-2.1%

Faster revenue growth than 50% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$92,284

Up $12,784 (+16%) from 2024

Liabilities

Flat

$0

Flat from 2024

Net Assets

Up

$92,284

Up $12,784 (+16%) from 2024

Operations
Liabilities / Revenue62nd percentileNet Margin62nd percentile

Revenue

Down

$143,894

Down $3,151 (-2.1%) from 2024

Expenses

Down

$131,110

Down $41,403 (-24%) from 2024

Net Income

Up

$12,784

Up $38,252 (+150%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth73rd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2014: $22,136Liabilities 2014: $0Net Assets 2014: $22,1362014Assets 2015: $11,578Liabilities 2015: $0Net Assets 2015: $11,5782015Assets 2017: $35,517Liabilities 2017: $0Net Assets 2017: $35,5172017Assets 2018: $36,971Liabilities 2018: $0Net Assets 2018: $36,9712018Assets 2019: $37,464Liabilities 2019: $0Net Assets 2019: $37,4642019Assets 2020: $42,046Liabilities 2020: $0Net Assets 2020: $42,0462020Assets 2021: $40,680Liabilities 2021: $0Net Assets 2021: $40,6802021Assets 2022: $39,646Liabilities 2022: $0Net Assets 2022: $39,6462022Assets 2023: $120,012Liabilities 2023: $0Net Assets 2023: $120,0122023Assets 2024: $79,500Liabilities 2024: $0Net Assets 2024: $79,5002024Assets 2025: $92,284Liabilities 2025: $0Net Assets 2025: $92,2842025

Highlighted filing

2025

Assets$92,284
Liabilities$0
Net Assets$92,284
Open 2025 Filing

Operations Trend

Revenue Growth50th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2014: $83,977Expenses 2014: $99,410Net Income 2014: -$15,4332014Revenue 2015: $93,884Expenses 2015: $104,442Net Income 2015: -$10,5582015Revenue 2017: $147,663Expenses 2017: $124,914Net Income 2017: $22,7492017Revenue 2018: $141,325Expenses 2018: $139,871Net Income 2018: $1,4542018Revenue 2019: $151,868Expenses 2019: $151,375Net Income 2019: $4932019Revenue 2020: $157,650Expenses 2020: $153,068Net Income 2020: $4,5822020Revenue 2021: $134,912Expenses 2021: $136,278Net Income 2021: -$1,3662021Revenue 2022: $180,836Expenses 2022: $181,870Net Income 2022: -$1,0342022Revenue 2023: $276,254Expenses 2023: $195,888Net Income 2023: $80,3662023Revenue 2024: $147,045Expenses 2024: $172,513Net Income 2024: -$25,4682024Revenue 2025: $143,894Expenses 2025: $131,110Net Income 2025: $12,7842025

Highlighted filing

2025

Revenue$143,894
Expenses$131,110
Net Income$12,784
Open 2025 Filing

Filings

Most recent year

2025 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$92,284
Liabilities
$0
Net assets
$92,284
Revenue
$143,894
Expenses
$131,110
Net income
$12,784
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.92$0.00$0.92$1.44$1.31$0.13
2024Detailed filing. Detailed filing data is available for this year.$0.80$0.00$0.80$1.47$1.73$0.25
2023Detailed filing. Detailed filing data is available for this year.$1.20$0.00$1.20$2.76$1.96$0.80
2022Detailed filing. Detailed filing data is available for this year.$0.40$0.00$0.40$1.81$1.82$0.01
2021Detailed filing. Detailed filing data is available for this year.$0.41$0.00$0.41$1.35$1.36$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.42$0.00$0.42$1.58$1.53$0.05
2019Detailed filing. Detailed filing data is available for this year.$0.37$0.00$0.37$1.52$1.51$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.37$0.00$0.37$1.41$1.40$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.36$0.00$0.36$1.48$1.25$0.23
2015Detailed filing. Detailed filing data is available for this year.$0.12$0.00$0.12$0.94$1.04$0.11
2014Detailed filing. Detailed filing data is available for this year.$0.22$0.00$0.22$0.84$0.99$0.15
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Dec 18, 2025
Return Version
2024v5.2
Gross Receipts
$143,894
Mission and Program Overview

Mission

Provide education, educational resources

Program Services

DescriptionGrantsExpenses
SERVED 114 STUDENTS, GRADES 1-12, AND 70 FAMILIES-$0
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MEAGIN WUETHERICHPresidentPT$6,000-$6,000
ANGELA BITZANSecretaryPT$0--
LAURA GLASSELTreasurerPT$0--
Governance and Compliance

Governance Explanations

Part VI response or note to any line in Part VI

“During the fiscal year ended june 30, 2025, the organization experienced mid-year changes in two officer positions. Becky bailey served as secretary from july 1, 2024, through april 25, 2025, and angela bitzan served as secretary from april 26, 2025, through june 30, 2025. Likewise, erik mehlhaff served as treasurer from july 1, 2024, through april 25, 2025, and laura glassel served as treasurer from april 26, 2025, through the end of the fiscal year. In accordance with form 990-ez instructions, only officers serving on the final day of the fiscal year are listed in part iv, and compensation paid to former officers during the year is reported on line 12 (other salaries and wages). In addition, sarah mehlhaff performed administrative duties as an employee and received w2 wages.”

Filing and Contact Details

Filer

Filer Name
Semper Quaere Verum Inc
EIN
26-4447955
In Care Of
% LAURA GLASSEL
Phone
9522923086
Address
2420 DUNWOODY AVENUE, WAYZATA, MN 55391

Signing Officer

Name
Laura Glassel
Title
Treasurer
Phone
9522923086
Signed
2025-12-18
Discuss with paid preparer
No

Preparer

Firm
Hawkins & Martinez EAs LLC
Address
500 Coffman St Ste 206, Longmont, CO 80501
Preparer
Mauricio a Martinez Ea
Phone
3037721577
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description AmountADMIN SUPPLIES 1,238BATCH SETTLEMENT 300HOMESCHOOL LIFE 920EMPLOYER PAYROLL TAXES 1,513PAYROLL PROCESSING FEES 999QUICKBOOKS 775SETUP PAYMENT 450ZOOM 173”

Raw XML Appendix153 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PersonNm0LAURA GLASSEL
IRS990EZ/BooksInCareOfDetail/PhoneNum09522923086
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WAYZATA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd055391
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt079500
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt092284
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt012784
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0105692
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt079500
IRS990EZ/Form990TotalAssetsGrp/EOYAmt092284
IRS990EZ/GrossReceiptsAmt0143894
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt079500
IRS990EZ/NetAssetsOrFundBalancesEOYAmt092284
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt079500
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt092284
IRS990EZ/OccupancyRentUtltsAndMaintAmt01800
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt120.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt220.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MEAGIN WUETHERICH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ANGELA BITZAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2LAURA GLASSEL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt06368
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE EDUCATION, EDUCATIONAL RESOURCES
IRS990EZ/ProgramServiceRevenueAmt0143894
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SERVED 114 STUDENTS, GRADES 1-12, AND 70 FAMILIES
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt017250
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MN
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0131110
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt0143894
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0TRUTHACADEMYMN.COM
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0142921
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0145777
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0254912
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0179140
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0134053
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0856803
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt0973
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt01267
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt02187
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt01696
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt0859
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt06982
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
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IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0143894
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0147044
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0257099
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0180836
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0134912
IRS990ScheduleA/Total509Grp/TotalAmt0863785
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0143894
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0147044
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0257099
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0180836
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0134912
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0863785
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountADMIN SUPPLIES 1,238BATCH SETTLEMENT 300HOMESCHOOL LIFE 920EMPLOYER PAYROLL TAXES 1,513PAYROLL PROCESSING FEES 999QUICKBOOKS 775SETUP PAYMENT 450ZOOM 173
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DURING THE FISCAL YEAR ENDED JUNE 30, 2025, THE ORGANIZATION EXPERIENCED MID-YEAR CHANGES IN TWO OFFICER POSITIONS. BECKY BAILEY SERVED AS SECRETARY FROM JULY 1, 2024, THROUGH APRIL 25, 2025, AND ANGELA BITZAN SERVED AS SECRETARY FROM APRIL 26, 2025, THROUGH JUNE 30, 2025. LIKEWISE, ERIK MEHLHAFF SERVED AS TREASURER FROM JULY 1, 2024, THROUGH APRIL 25, 2025, AND LAURA GLASSEL SERVED AS TREASURER FROM APRIL 26, 2025, THROUGH THE END OF THE FISCAL YEAR. IN ACCORDANCE WITH FORM 990-EZ INSTRUCTIONS, ONLY OFFICERS SERVING ON THE FINAL DAY OF THE FISCAL YEAR ARE LISTED IN PART IV, AND COMPENSATION PAID TO FORMER OFFICERS DURING THE YEAR IS REPORTED ON LINE 12 (OTHER SALARIES AND WAGES). IN ADDITION, SARAH MEHLHAFF PERFORMED ADMINISTRATIVE DUTIES AS AN EMPLOYEE AND RECEIVED W2 WAGES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part VI response or note to any line in Part VI
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0LAURA GLASSEL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09522923086
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-12-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SEMPER QUAERE VERUM INC
ReturnHeader/Filer/BusinessNameControlTxt0SEMP
ReturnHeader/Filer/EIN0264447955
ReturnHeader/Filer/InCareOfNm0% LAURA GLASSEL
ReturnHeader/Filer/PhoneNum09522923086
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ReturnHeader/Filer/USAddress/CityNm0WAYZATA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0475424776
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0500 Coffman St Ste 206
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Longmont
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd080501
ReturnHeader/PreparerPersonGrp/PhoneNum03037721577
ReturnHeader/PreparerPersonGrp/PreparationDt02026-01-22
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MAURICIO A MARTINEZ EA
ReturnHeader/ReturnTs02026-01-22T13:53:29-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

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