Civic Intelligence

Veritas Life Adventures

990EZ • Fiscal year 2015 • EIN 45-3706529

Jan 01, 2015 to Dec 31, 2015 • Filed on Jul 20, 2016

Organization Profilewww.VeritasLifeAdventures.com
4900 Bradley LaneArlington, TX 76017

(817) 516-5206

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

77th percentile

0.10x

Higher debt load relative to assets than 77% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

70th percentile

0.02x

Higher debt load relative to revenue than 70% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

28th percentile

-6.1%

Higher net margin than 28% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

93rd percentile

$52,500

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 32.4% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

25th percentile

-14%

Faster asset growth than 25% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

36th percentile

-8.3%

Faster revenue growth than 36% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets77th percentile

Assets

Down

$39,148

Down $6,153 (-14%) from 2014

Net Assets

Down

$35,414

Down $7,439 (-17%) from 2014

Liabilities

Up

$3,734

Up $1,286 (+53%) from 2014

Revenue And Expenses
Liabilities / Revenue70th percentileNet Margin28th percentile

Revenue

Down

$161,797

Down $14,741 (-8.4%) from 2014

Expenses

Down

$171,684

Down $7,876 (-4.4%) from 2014

Net Income

Down

-$9,887

Down $6,865 (-227%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth25th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60K$40K$20K$0-$20KAssets 2012: $29,212Liabilities 2012: $1,055Net Assets 2012: $28,1572012Assets 2013: $49,771Liabilities 2013: $3,896Net Assets 2013: $45,8752013Assets 2014: $45,301Liabilities 2014: $2,448Net Assets 2014: $42,8532014Assets 2015: $39,148Liabilities 2015: $3,734Net Assets 2015: $35,4142015Assets 2016: $28,694Liabilities 2016: $6,037Net Assets 2016: $22,6572016Assets 2017: $12,415Liabilities 2017: $15,660Net Assets 2017: -$3,2452017Assets 2018: $7,270Liabilities 2018: $9,462Net Assets 2018: -$2,1922018Assets 2019: $9,024Liabilities 2019: $10,765Net Assets 2019: -$1,7412019Assets 2020: $4,784Liabilities 2020: $7,471Net Assets 2020: -$2,6872020Assets 2021: $4,820Liabilities 2021: $02021

Highlighted filing

2015

Assets$39,148
Liabilities$3,734
Net Assets$35,414
Open 2015 Filing

Operations Trend

Revenue Growth36th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$100K$0-$100KRevenue 2012: $153,253Expenses 2012: $125,096Net Income 2012: $28,1572012Revenue 2013: $198,806Expenses 2013: $181,088Net Income 2013: $17,7182013Revenue 2014: $176,538Expenses 2014: $179,560Net Income 2014: -$3,0222014Revenue 2015: $161,797Expenses 2015: $171,684Net Income 2015: -$9,8872015Revenue 2016: $182,813Expenses 2016: $195,570Net Income 2016: -$12,7572016Revenue 2017: $63,608Expenses 2017: $88,710Net Income 2017: -$25,1022017Revenue 2018: $47,561Expenses 2018: $46,508Net Income 2018: $1,0532018Revenue 2019: $26,204Expenses 2019: $25,753Net Income 2019: $4512019Revenue 2020: $14,134Expenses 2020: $15,080Net Income 2020: -$9462020Revenue 2021: $22,316Expenses 2021: $18,040Net Income 2021: $4,2762021

Highlighted filing

2015

Revenue$161,797
Expenses$171,684
Net Income-$9,887
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Jul 20, 2016
Return Version
2015v2.1
Gross Receipts
$161,797
Mission and Program Overview

Mission

Ministering to overlooked youth

Program Services

DescriptionGrantsExpenses
Teach & develop strong habits & practices of physical conditioning through varied outdoor activities such as hiking, team sports, yoga, rock climbing, etc.-$34,129
Compensation and Service Providers
Top Officer Pay93rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
GRANT BOATWRIGHTPres & Executive DirectorFT$52,500-$52,500
JEFFERY MONTGOMERYVice PresPT$0--
ABIGAIL BOATWRIGHTSecretary/TreasurerPT$0--
JASHLEY BOATWRIGHTDirectorPT$0--
DAVID VALENTINEDirectorPT$0--
ZACHARY BOATWRIGHTDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Veritas Life Adventures
EIN
45-3706529
Phone
8175165206
Address
4900 Bradley Lane, Arlington, TX 76017

Signing Officer

Name
Grant N Boatwright
Title
Executive Director
Phone
8175165206
Signed
2016-07-20

Preparer

Firm
John M Sabatino CPA PC
Address
16350 Blanco Road Ste 101, San Antonio, TX 78232-3338
Preparer
John M Sabatino CPA
Phone
2107351558
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 8

“Other 1604.”

Form 990EZ, Part I, Line 8

“Bank Interest 0.”

Form 990EZ, Part I, Line 16

“Program Expenses 34129.”

Form 990EZ, Part I, Line 16

“Office Expense 3264.”

Form 990EZ, Part I, Line 16

“Dues & Subs 2995.”

Form 990EZ, Part I, Line 16

“Bank Charges 1652.”

Form 990EZ, Part I, Line 16

“Taxes 5741.”

Form 990EZ, Part I, Line 16

“Travel 4395.”

Form 990EZ, Part I, Line 16

“Insurance 9599.”

Form 990EZ, Part I, Line 16

“Promotional 25822.”

Form 990EZ, Part II, Line 26

“Payroll Taxes Payable”

Form 990EZ, Part II, Line 26

“Credit Card Payable”

Raw XML Appendix168 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0GRANT BOATWRIGHT
IRS990EZ/BooksInCareOfDetail/PhoneNum08175165206
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0P O Box 172454
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Arlington
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd076003
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt045301
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt039148
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0160193
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-9887
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0415
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt045301
IRS990EZ/Form990TotalAssetsGrp/EOYAmt039148
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0161797
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt045301
IRS990EZ/NetAssetsOrFundBalancesEOYAmt035414
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt045301
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt035414
IRS990EZ/OccupancyRentUtltsAndMaintAmt08332
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt050.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt18.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt215.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt38.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt45.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt515.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt052500
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0GRANT BOATWRIGHT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JEFFERY MONTGOMERY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ABIGAIL BOATWRIGHT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JASHLEY BOATWRIGHT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4DAVID VALENTINE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5ZACHARY BOATWRIGHT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Pres & Executive Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice Pres
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary/Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt087597
IRS990EZ/OtherRevenueTotalAmt01604
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Ministering to overlooked youth
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Teach & develop strong habits & practices of physical conditioning through varied outdoor activities such as hiking, team sports, yoga, rock climbing, etc.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt034129
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt075340
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt03734
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0171684
IRS990EZ/TotalProgramServiceExpensesAmt034129
IRS990EZ/TotalRevenueAmt0161797
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.VeritasLifeAdventures.com
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0158703
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0176453
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0198505
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0152253
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0685914
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt0685914
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0158703
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0176453
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0198505
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0152253
IRS990ScheduleA/Total509Grp/TotalAmt0685914
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0685914
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Other 1604.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Bank Interest 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Program Expenses 34129.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Office Expense 3264.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Dues & Subs 2995.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Bank Charges 1652.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Taxes 5741.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Travel 4395.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Insurance 9599.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Promotional 25822.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Payroll Taxes Payable
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Credit Card Payable
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part II, Line 26
ReturnHeader/BuildTS02016-12-15 16:53:06Z
ReturnHeader/BusinessOfficerGrp/PersonNm0GRANT N BOATWRIGHT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08175165206
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-07-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Veritas Life Adventures
ReturnHeader/Filer/BusinessNameControlTxt0VERI
ReturnHeader/Filer/EIN0453706529
ReturnHeader/Filer/PhoneNum08175165206
ReturnHeader/Filer/USAddress/AddressLine1Txt04900 Bradley Lane
ReturnHeader/Filer/USAddress/CityNm0Arlington
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd076017
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0John M Sabatino CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt016350 Blanco Road Ste 101
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0San Antonio
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0782323338
ReturnHeader/PreparerPersonGrp/PhoneNum02107351558
ReturnHeader/PreparerPersonGrp/PreparationDt02016-08-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN M SABATINO CPA
ReturnHeader/ReturnTs02016-08-15T09:20:44-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$39,148
Liabilities
$3,734
Net assets
$35,414
Revenue
$161,797
Expenses
$171,684
Net income
-$9,887
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Summary only. Only limited summary data is available for this year.$0.05$0.00$0.22$0.18$0.04
2020Detailed filing. Detailed filing data is available for this year.$0.05$0.07$0.03$0.14$0.15$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.09$0.11$0.02$0.26$0.26$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.07$0.09$0.02$0.48$0.47$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.12$0.16$0.03$0.64$0.89$0.25
2016Detailed filing. Detailed filing data is available for this year.$0.29$0.06$0.23$1.83$1.96$0.13
2015Detailed filing. Detailed filing data is available for this year.$0.39$0.04$0.35$1.62$1.72$0.10
2014Detailed filing. Detailed filing data is available for this year.$0.45$0.02$0.43$1.77$1.80$0.03
2013Detailed filing. Detailed filing data is available for this year.$0.50$0.04$0.46$1.99$1.81$0.18
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.29$0.01$0.28$1.53$1.25$0.28
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • 501(c)3 • <$500k nonprofits