Civic Intelligence

Veritas Life Adventures

990EZ • Fiscal year 2017 • EIN 45-3706529

Jan 01, 2017 to Dec 31, 2017 • Filed on Oct 01, 2018

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

96th percentile

1.26x

Higher debt load relative to assets than 96% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

88th percentile

0.25x

Higher debt load relative to revenue than 88% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

10th percentile

-39%

Higher net margin than 10% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

80th percentile

$10,650

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 16.7% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

7th percentile

-57%

Faster asset growth than 7% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

6th percentile

-65%

Faster revenue growth than 6% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$12,415

Down $16,279 (-57%) from 2016

Net Assets

Down

-$3,245

Down $25,902 (-114%) from 2016

Liabilities

Up

$15,660

Up $9,623 (+159%) from 2016

Revenue

Down

$63,608

Down $119,205 (-65%) from 2016

Expenses

Down

$88,710

Down $106,860 (-55%) from 2016

Net Income

Down

-$25,102

Down $12,345 (-97%) from 2016

Historical Trend

Balance Sheet Trend

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

2017

Assets$12,415
Liabilities$15,660
Net Assets-$3,245

Operations Trend

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

2017

Revenue$63,608
Expenses$88,710
Net Income-$25,102
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Oct 1, 2018
Return Version
2017v2.2
Gross Receipts
$63,608
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.-$22,068
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
GRANT BOATWRIGHTPres & Executive DirectorPT$10,650-$10,650
JEFFERY MONTGOMERYVice PresPT$0--
ABIGAIL BOATWRIGHTSecretary/TreasurerPT$0--
JASHLEY BOATWRIGHTDirectorPT$0--
DAVID VALENTINEDirectorPT$0--
ZACHARY BOATWRIGHTDirectorPT$0--
CAMERON CHANDLERDirectorPT$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
2018-10-01

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

Form 990EZ, Part I, Line 8

Bank Interest

Form 990EZ, Part I, Line 16

Program Expenses 22068.

Form 990EZ, Part I, Line 16

Advertising & Development 6512.

Form 990EZ, Part I, Line 16

Bank Charges 174.

Form 990EZ, Part I, Line 16

Dues & Subs 709.

Form 990EZ, Part I, Line 16

Insurance 7277.

Form 990EZ, Part I, Line 16

Office Expense 3769.

Form 990EZ, Part I, Line 16

Payroll Taxes 2908.

Form 990EZ, Part I, Line 16

Travel 139.

Form 990EZ, Part I, Line 16

Other 150.

Form 990EZ, Part I, Line 16

.

Form 990EZ, Part II, Line 24

Accounts Receivable 600.

Form 990EZ, Part II, Line 24

Other Current Assets 2337.

Form 990EZ, Part II, Line 24

Other 754.

Form 990EZ, Part II, Line 26

Payroll Taxes Payable

Form 990EZ, Part II, Line 26

Credit Card Payable 15660.

Raw XML Appendix189 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/BOYAmt027894
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt08724
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt054115
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-25102
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0300
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt027894
IRS990EZ/Form990TotalAssetsGrp/EOYAmt012415
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt015
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt063608
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt021857
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-3245
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt021857
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-3245
IRS990EZ/OccupancyRentUtltsAndMaintAmt06687
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt030.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt16.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt35.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt45.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt55.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt65.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt010650
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
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/PersonNm6CAMERON CHANDLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Pres & Executive Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice Pres
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary/Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt03691
IRS990EZ/OtherExpensesTotalAmt043706
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Ministering to overlooked youth
IRS990EZ/ProgramServiceRevenueAmt09478
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/ProgramServiceExpensesAmt022068
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt038017
IRS990EZ/SaleOfAssetsGrossAmt015
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt06037
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt015660
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt088710
IRS990EZ/TotalProgramServiceExpensesAmt022068
IRS990EZ/TotalRevenueAmt063608
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.VeritasLifeAdventures.com
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt063608
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0182813
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0158703
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0176453
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0198505
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0780082
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt0780082
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt063608
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0182813
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0158703
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0176453
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0198505
IRS990ScheduleA/Total509Grp/TotalAmt0780082
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0780082
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Other
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Bank Interest
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Program Expenses 22068.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Advertising & Development 6512.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Bank Charges 174.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Dues & Subs 709.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Insurance 7277.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Office Expense 3769.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Payroll Taxes 2908.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Travel 139.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Other 150.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Accounts Receivable 600.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Other Current Assets 2337.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Other 754.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Payroll Taxes Payable
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Credit Card Payable 15660.
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 I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990EZ, Part II, Line 26
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/PersonNm0GRANT N BOATWRIGHT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08175165206
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-10-01
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/FilingSecurityInformation/AtSubmissionCreationDeviceId04CE5E33A717232C2EAC0C08BC7E5BD065EC06A5E
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0D6548DA5FD34F35B57433DE84E5011DA27FAF894
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt070.245.16.206
ReturnHeader/FilingSecurityInformation/IPDt02018-11-13
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PS
ReturnHeader/FilingSecurityInformation/IPTm018:04:42
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/PreparationDt02018-11-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN M SABATINO CPA
ReturnHeader/ReturnTs02018-11-13T18:04:59-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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Filings