Liabilities / Assets
80th percentile
Higher debt load relative to assets than 80% of similar nonprofits.
EIN 45-3187560 • 501(c)3 • Hobbs, NM
Profile
The mission of veritas classical christian academy, inc. Is to strengthen families by partnering with parents to provide a classical education based on a biblical worldview. Our goal is to equip students to enter a lifelong pursuit of knowledge, wisdom, and understanding in their purposeful and passionate service of jesus christ. Veritas classical christian academy, inc. Employs the university-model approach that combines professional classroom instruction with parent guided study to achieve a college preparatory level of academic and spiritual excellence.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
80th percentile
Higher debt load relative to assets than 80% of similar nonprofits.
Liabilities / Revenue
65th percentile
Higher debt load relative to revenue than 65% of similar nonprofits.
Net Margin
34th percentile
Higher net margin than 34% of similar nonprofits.
Top Officer Pay
72nd percentile
Higher top officer pay than 72% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
78th percentile
Faster asset growth than 78% of similar nonprofits.
Revenue Growth
67th percentile
Faster revenue growth than 67% of similar nonprofits.
Assets
Up$9,181
Up $3,637 (+66%) from 2024
Liabilities
Up$6,210
Up $4,528 (+269%) from 2024
Net Assets
Down$2,971
Down $891 (-23%) from 2024
Revenue
Up$239,712
Up $56,007 (+30%) from 2024
Expenses
Up$240,603
Up $25,934 (+12%) from 2024
Net Income
Up-$891
Up $30,073 (+97%) from 2024
Most recent year
2025 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.
The latest 2025 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2014 below.
The mission of veritas classical christian academy, inc. Is to strengthen families by partnering with parents to provide a classical education based on a biblical worldview. Our goal is to equip students to enter a lifelong pursuit of knowledge, wisdom, and understanding in their purposeful and passionate service of jesus christ. Veritas classical christian academy, inc. Employs the university-model approach that combines professional classroom instruction with parent guided study to achieve a college preparatory level of academic and spiritual excellence.
| Description | Grants | Expenses |
|---|---|---|
| VERITAS CHRISTIAN ACADEMY SERVED 15 STUDENTS AND EMPLOYED 6 TEACHERS IN ITS SECOND YEAR. STUDENTS CONTINUTED TO GROW IN THEIR KNOWLEDGE AND SERVICE. STUDENTS WERE ACTIVE IN THE COMMUNITY AND WORKED ON A VARIETY OF SERVICE LEARNING OPPORTUNITIES INCLUDING THE LOCAL SOUP KITCHEN, NURSING HOMES, AND ROTARY CLUB. | - | $72,737 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| CRAIG T BOVA | Secretary | - | $0 | - | - |
| KENT L WALDROP | Vice Chair | - | $0 | - | - |
| LORI A BOVA | Chair | - | $0 | - | - |
| REBEKAH L WALDROP | Treasurer | - | $0 | - | - |
“Miscellaneous revenue 474 events income 400 total 874”
“Expenses advertising/marketing 3,078 post office box 84 supplies 367 student incentives 352 office supplies 296 telephone expense 931 curriculum 4,293 software fees 2,453 naums fee 950 insurance 3,249 business registration fee 85 bank service charges 7 non-investment depreciation 466 total 16,611”
“Office equipment 3,229 3,229 less accumulated depreciation 435 901 total 2,794 2,328”
“Payroll liabilities 255 664”
“The mission of veritas classical christian academy, inc. Is to strengthen families by partnering with parents to provide a classical education based on a biblical worldview. Our goal is to equip students to enter a lifelong pursuit of knowledge, wisdom, and understanding in their purposeful and passionate service of jesus christ. Veritas classical christian academy, inc. Employs the university-model approach that combines professional classroom instruction with parent guided study to achieve a college preparatory level of academic and spiritual excellence.”
“Veritas christian academy served 15 students and employed 6 teachers in its second year. Students continuted to grow in their knowledge and service. Students were active in the community and worked on a variety of service learning opportunities including the local soup kitchen, nursing homes, and rotary club.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 0 | CRAIG T BOVA |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 1 | KENT L WALDROP |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 2 | LORI A BOVA |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 3 | REBEKAH L WALDROP |
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | REBEKAH WALDROP |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 5759424664 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1 | 0 | 2021 MCKINLEY |
| IRS990EZ/BooksInCareOfDetail/USAddress/City | 0 | HOBBS |
| IRS990EZ/BooksInCareOfDetail/USAddress/State | 0 | NM |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCode | 0 | 88240 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 5940 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 18386 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 41568 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 11571 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 8734 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 20714 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 2470 |
| IRS990EZ/GrossReceiptsAmt | 0 | 86487 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 8479 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 20050 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 8479 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 20050 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 6085 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | CRAIG T BOVA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | KENT L WALDROP |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | LORI A BOVA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | REBEKAH L WALDROP |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE CHAIR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | CHAIR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | TREASURER |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 2794 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 2328 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 16611 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 874 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE MISSION OF VERITAS CLASSICAL CHRISTIAN ACADEMY, INC. IS TO STRENGTHEN FAMILIES BY PARTNERING WITH PARENTS TO PROVIDE A CLASSICAL EDUCATION BASED ON A BIBLICAL WORLDVIEW. OUR GOAL IS TO EQUIP STUDENTS TO ENTER A LIFELONG PURSUIT OF KNOWLEDGE, WISDOM, AND UNDERSTANDING IN THEIR PURPOSEFUL AND PASSIONATE SERVICE OF JESUS CHRIST. VERITAS CLASSICAL CHRISTIAN ACADEMY, INC. EMPLOYS THE UNIVERSITY-MODEL APPROACH THAT COMBINES PROFESSIONAL CLASSROOM INSTRUCTION WITH PARENT GUIDED STUDY TO ACHIEVE A COLLEGE PREPARATORY LEVEL OF ACADEMIC AND SPIRITUAL EXCELLENCE. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 148 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 41575 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | VERITAS CHRISTIAN ACADEMY SERVED 15 STUDENTS AND EMPLOYED 6 TEACHERS IN ITS SECOND YEAR. STUDENTS CONTINUTED TO GROW IN THEIR KNOWLEDGE AND SERVICE. STUDENTS WERE ACTIVE IN THE COMMUNITY AND WORKED ON A VARIETY OF SERVICE LEARNING OPPORTUNITIES INCLUDING THE LOCAL SOUP KITCHEN, NURSING HOMES, AND ROTARY CLUB. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 72737 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 49893 |
| IRS990EZ/SchoolOperatingInd | 0 | true |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 2179 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 291 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 255 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 664 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 72737 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 72737 |
| IRS990EZ/TotalRevenueAmt | 0 | 84308 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.VERITAS-ACADEMY.COM |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleE/ComplianceWithRevProc7550Ind | 0 | true |
| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRcvdInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRvkdInd | 0 | false |
| IRS990ScheduleE/MaintainCpyOfAllSolInd | 0 | true |
| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | true |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | true |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | true |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | true |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 0 | ARTICLE VI OF THE BYLAWS INCLUDE THE NONDISCRIMINATION POLICY. IT IS INLCUDED ON THE ENITIES WEBSITE AT WWW.VERITAS- ACADEMY.COM. IT IS ALSO INCLUDED IN THE PRINTED MATERIALS FOR THE ACADEMY. A NON-DISCRIMINATORY NOTICE RUNS IN THE NEWSPAPER ANNUALLY DURING ADMISSIONS. |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE E, LINE 3 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | MISCELLANEOUS REVENUE 474 EVENTS INCOME 400 TOTAL 874 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EXPENSES ADVERTISING/MARKETING 3,078 POST OFFICE BOX 84 SUPPLIES 367 STUDENT INCENTIVES 352 OFFICE SUPPLIES 296 TELEPHONE EXPENSE 931 CURRICULUM 4,293 SOFTWARE FEES 2,453 NAUMS FEE 950 INSURANCE 3,249 BUSINESS REGISTRATION FEE 85 BANK SERVICE CHARGES 7 NON-INVESTMENT DEPRECIATION 466 TOTAL 16,611 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | OFFICE EQUIPMENT 3,229 3,229 LESS ACCUMULATED DEPRECIATION 435 901 TOTAL 2,794 2,328 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | PAYROLL LIABILITIES 255 664 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE MISSION OF VERITAS CLASSICAL CHRISTIAN ACADEMY, INC. IS TO STRENGTHEN FAMILIES BY PARTNERING WITH PARENTS TO PROVIDE A CLASSICAL EDUCATION BASED ON A BIBLICAL WORLDVIEW. OUR GOAL IS TO EQUIP STUDENTS TO ENTER A LIFELONG PURSUIT OF KNOWLEDGE, WISDOM, AND UNDERSTANDING IN THEIR PURPOSEFUL AND PASSIONATE SERVICE OF JESUS CHRIST. VERITAS CLASSICAL CHRISTIAN ACADEMY, INC. EMPLOYS THE UNIVERSITY-MODEL APPROACH THAT COMBINES PROFESSIONAL CLASSROOM INSTRUCTION WITH PARENT GUIDED STUDY TO ACHIEVE A COLLEGE PREPARATORY LEVEL OF ACADEMIC AND SPIRITUAL EXCELLENCE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | VERITAS CHRISTIAN ACADEMY SERVED 15 STUDENTS AND EMPLOYED 6 TEACHERS IN ITS SECOND YEAR. STUDENTS CONTINUTED TO GROW IN THEIR KNOWLEDGE AND SERVICE. STUDENTS WERE ACTIVE IN THE COMMUNITY AND WORKED ON A VARIETY OF SERVICE LEARNING OPPORTUNITIES INCLUDING THE LOCAL SOUP KITCHEN, NURSING HOMES, AND ROTARY CLUB. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990-EZ, PART III, LINE 28 |
| ReturnHeader/BuildTS | 0 | 2015-11-30 17:44:51Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | LORI BOVA |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CHAIR |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2014-10-31 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1 | 0 | VERITAS CLASSICAL CHRISTIAN |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2 | 0 | ACADEMY INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | VERI |
| ReturnHeader/Filer/EIN | 0 | 453187560 |
| ReturnHeader/Filer/USAddress/AddressLine1 | 0 | PO BOX 2844 |
| ReturnHeader/Filer/USAddress/City | 0 | HOBBS |
| ReturnHeader/Filer/USAddress/State | 0 | NM |
| ReturnHeader/Filer/USAddress/ZIPCode | 0 | 88241 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 850214336 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1 | 0 | JOHNSON MILLER & CO CPA'S PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1 | 0 | PO BOX 220 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City | 0 | HOBBS |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State | 0 | NM |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode | 0 | 88241 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5753932171 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2014-11-13 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JAMES W FRANCIS |
| ReturnHeader/ReturnTs | 0 | 2014-12-11T17:30:01-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2013-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2014-06-30 |
| ReturnHeader/TaxYr | 0 | 2013 |
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