Civic Intelligence

Veritas Academy Inc.

990 • Fiscal year 2020 • EIN 59-3333430

Jul 01, 2019 to Jun 30, 2020 • Filed on Oct 09, 2020

Organization ProfileWWW.VERITASACADEMY.COM
26 Hillcrest AveLeola, PA 17540

(717) 556-0690

Siviq Scores

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

Liabilities / Assets

71st percentile

0.31x

Higher debt load relative to assets than 71% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

51st percentile

0.14x

Higher debt load relative to revenue than 51% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

63rd percentile

12%

Higher net margin than 63% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

93rd percentile

99%

Faster asset growth than 93% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

69th percentile

14%

Faster revenue growth than 69% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets71st percentile

Assets

Up

$1,147,098

Up $571,608 (+99%) from 2019

Net Assets

Up

$790,331

Up $306,591 (+63%) from 2019

Liabilities

Up

$356,767

Up $265,017 (+289%) from 2019

Revenue And Expenses
Liabilities / Revenue51st percentileNet Margin63rd percentile

Revenue

Up

$2,498,533

Up $298,958 (+14%) from 2019

Expenses

Up

$2,191,942

Up $52,493 (+2.5%) from 2019

Net Income

Up

$306,591

Up $246,465 (+410%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth93rd percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MAssets 2011: $109,859Liabilities 2011: $204,317Net Assets 2011: -$94,4582011Assets 2012: $139,164Liabilities 2012: $292,995Net Assets 2012: -$153,8312012Assets 2013: $68,177Liabilities 2013: $181,753Net Assets 2013: -$113,5762013Assets 2014: $101,189Liabilities 2014: $127,264Net Assets 2014: -$26,0752014Assets 2015: $202,128Liabilities 2015: $215,903Net Assets 2015: -$13,7752015Assets 2016: $274,063Liabilities 2016: $219,815Net Assets 2016: $54,2482016Assets 2017: $349,055Liabilities 2017: $119,842Net Assets 2017: $229,2132017Assets 2018: $521,814Liabilities 2018: $106,160Net Assets 2018: $415,6542018Assets 2019: $575,490Liabilities 2019: $91,750Net Assets 2019: $483,7402019Assets 2020: $1,147,098Liabilities 2020: $356,767Net Assets 2020: $790,3312020Assets 2021: $4,461,777Liabilities 2021: $2,721,296Net Assets 2021: $1,740,4812021Assets 2022: $5,666,078Liabilities 2022: $3,334,648Net Assets 2022: $2,331,4302022Assets 2023: $6,159,185Liabilities 2023: $3,274,359Net Assets 2023: $2,884,8262023Assets 2024: $6,697,637Liabilities 2024: $3,185,733Net Assets 2024: $3,511,9042024Assets 2025: $7,697,730Liabilities 2025: $3,080,081Net Assets 2025: $4,617,6492025

Highlighted filing

2020

Assets$1,147,098
Liabilities$356,767
Net Assets$790,331
Open 2020 Filing

Operations Trend

Revenue Growth69th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $1,145,154Expenses 2011: $1,218,209Net Income 2011: -$73,0552011Revenue 2012: $1,192,934Expenses 2012: $1,252,307Net Income 2012: -$59,3732012Revenue 2013: $1,393,137Expenses 2013: $1,352,883Net Income 2013: $40,2542013Revenue 2014: $1,486,859Expenses 2014: $1,399,358Net Income 2014: $87,5012014Revenue 2015: $1,541,872Expenses 2015: $1,529,573Net Income 2015: $12,2992015Revenue 2016: $1,695,090Expenses 2016: $1,627,067Net Income 2016: $68,0232016Revenue 2017: $1,940,064Expenses 2017: $1,765,099Net Income 2017: $174,9652017Revenue 2018: $2,203,833Expenses 2018: $2,017,392Net Income 2018: $186,4412018Revenue 2019: $2,199,575Expenses 2019: $2,139,449Net Income 2019: $60,1262019Revenue 2020: $2,498,533Expenses 2020: $2,191,942Net Income 2020: $306,5912020Revenue 2021: $3,403,646Expenses 2021: $2,453,496Net Income 2021: $950,1502021Revenue 2022: $3,545,855Expenses 2022: $2,954,906Net Income 2022: $590,9492022Revenue 2023: $4,273,600Expenses 2023: $3,720,204Net Income 2023: $553,3962023Revenue 2024: $4,819,883Expenses 2024: $4,236,550Net Income 2024: $583,3332024Revenue 2025: $5,734,564Expenses 2025: $4,628,819Net Income 2025: $1,105,7452025

Highlighted filing

2020

Revenue$2,498,533
Expenses$2,191,942
Net Income$306,591
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Oct 9, 2020
Return Version
2019v5.0
Gross Receipts
$2,498,887
Mission and Program Overview

Mission

Educating students in grades k-12 using the classical christian education method.

Classical christian k-12 school teaching grammar, dialectic and rhetoric.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$456,028$1,018,995▲ $562,967
Land, Buildings, and Equipment, Net$64,672$96,622▲ $31,950
Prepaid Expenses and Deferred Charges$14,184$12,344▼ $1,840
Pledges and Grants Receivable$8,763--
Accounts Receivable$21,273$7,502▼ $13,771
Savings and Temporary Cash Investments$5,950$7,015▲ $1,065
Total Assets$575,490$1,147,098▲ $571,608
Other Assets Total$4,620$4,620→ $0
Liabilities
Unsecured Notes Loans Payable-$302,552-
Deferred Revenue$70,840$40,822▼ $30,018
Accounts Payable and Accrued Expenses$9,216$9,561▲ $345
Other Liabilities$11,694$3,832▼ $7,862
Total Liabilities$91,750$356,767▲ $265,017
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$463,204$620,261▲ $157,057
Net Assets With Donor Restrictions$20,536$170,070▲ $149,534
Total Net Assets Fund Balance$483,740$790,331▲ $306,591
Total Liabilities and Net Assets / Fund Balance$575,490$1,147,098▲ $571,608

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$88,622$34,787$123,409
Other Land Buildings$8,000-$8,000

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019-$1,200▲ $382-$7,015
2018-$1,100▲ $616-$5,950
2017-$1,100▲ $206-$4,721
2016-$3,100▲ $315-$3,415
Compensation and Service Providers
Top Officer Pay37th percentile

Board Members and Trustees

NameTitle
Dan SpanjerChairman
Kevin ReamVice Chair/t
Andy LongBoard Member
Charles HeathBoard Member
Mark MosesBoard Member
Peter LielbriedisBoard Member
Rona MartinBoard Member
Scott ForbesBoard Member
Eric SeegerSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$784,203
Program Service Revenue
$1,713,813
Investment Income
$382
Other Revenue
$135
All Other Contributions
$784,203
Change in Net Assets
$306,591
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,577,754
Other Expenses$614,188
Total Fundraising Expense$148,746
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,256,809$92,514$110,352$1,459,675
Occupancy$168,006$11,817$14,096$193,919
Payroll Taxes$101,668$7,484$8,927$118,079
Advertising-$55,066$12,789$67,855
Office Expenses$39,695--$39,695
All Other Expenses$38,954--$38,954
Information Technology$31,239--$31,239
Other Expenses$26,509--$26,509
Fees for Services Accounting-$21,482-$21,482
Insurance$16,440$1,210$1,444$19,094
Depreciation Depletion$12,957$954$1,138$15,049
Fees for Services Other$9,499--$9,499
Conferences and Meetings$7,093--$7,093
Total Functional Expenses$1,852,669$190,527$148,746$2,191,942
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$489
Fundraising Direct Expenses$354
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Expenses$3,832
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“REVIEWED PRIOR TO FILING”

Form 990, Page 6, Part VI, Line 12C

“Annually each interested person reviews our conflict of interest policy. The policy is reviewed annually by each member of the board of governors.”

Form 990, Page 6, Part VI, Line 19

“Documents in office available upon request”

Filing and Contact Details

Filer

Filer Name
Veritas Academy Inc
EIN
59-3333430
Phone
7175560690
Address
26 HILLCREST AVE, LEOLA, PA 17540

Signing Officer

Name
Kevin Ream
Title
Vice Chair/treasurer
Phone
7175560690
Signed
2020-10-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dan Spanjer
Formed
1996
Legal Domicile
Pa
Voting Board Members
9
Independent Board Members
9
Employees
83
Volunteers
100

Preparer

Firm
Integrity Cpas LLC
Address
7 STAUFFER LANE SUITE 100, EPHRATA, PA 17522-8655
Preparer
Kyle M Smith CPA
Phone
7176823705
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

“Earnings to be used for operations”

Raw XML AppendixShowing 400 of 426 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.

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IRS990/ProgramServiceRevenueGrp/Desc1REGISTRATION INCOME
IRS990/ProgramServiceRevenueGrp/Desc2PRESCHOOL TUITION
IRS990/ProgramServiceRevenueGrp/Desc3LUNCH PROGRAM
IRS990/ProgramServiceRevenueGrp/Desc4HOMESTAY FAMILY INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01459702
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt160025
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt249905
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt329965
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt429100
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01459702
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt160025
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt249905
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt329965
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt429100
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0530359
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0616
IRS990/PYOtherExpensesAmt0615504
IRS990/PYOtherRevenueAmt031312
IRS990/PYProgramServiceRevenueAmt01637288
IRS990/PYRevenuesLessExpensesAmt060126
IRS990/PYSalariesCompEmpBnftPaidAmt01478945
IRS990/PYTotalExpensesAmt02139449
IRS990/PYTotalProfFndrsngExpnsAmt045000
IRS990/PYTotalRevenueAmt02199575
IRS990/ReconcilationRevenueExpnssAmt0306591
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01713813
IRS990/SavingsAndTempCashInvstGrp/BOYAmt05950
IRS990/SavingsAndTempCashInvstGrp/EOYAmt07015
IRS990ScheduleA/SchoolInd0X
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
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt01200
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt07015
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0382
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt01100
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt05950
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0616
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt01100
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt04721
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0206
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt03100
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt03415
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0315
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt088622
IRS990ScheduleD/EquipmentGrp/DepreciationAmt034787
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0123409
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt08000
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt08000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03832
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED EXPENSES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0EARNINGS TO BE USED FOR OPERATIONS
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990ScheduleD/TotalBookValueLandBuildingsAmt096622
IRS990ScheduleD/TotalLiabilityAmt03832
IRS990ScheduleE/ComplianceWithRevProc7550Ind0false
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0false
IRS990ScheduleE/MaintainScholarshipsRecsInd0false
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0false
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0false
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0WE CURRENTLY KEEP NO RECORDS CONTAINING THE RACIAL COMPOSITION OF THE STUDENT BODY, FACULTY, OR ADMINISTRATIVE STAFF. WE DO NOT GATHER THAT INFORMATION.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1WE CURRENTLY KEEP NO RECORDS CONTAINING THE RACIAL COMPOSITION OF THE STUDENT BODY, FACULTY, OR ADMINISTRATIVE STAFF. WE DO NOT GATHER THAT INFORMATION.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 7
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0REVIEWED PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANNUALLY EACH INTERESTED PERSON REVIEWS OUR CONFLICT OF INTEREST POLICY. THE POLICY IS REVIEWED ANNUALLY BY EACH MEMBER OF THE BOARD OF GOVERNORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS IN OFFICE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0575490
IRS990/TotalAssetsEOYAmt01147098
IRS990/TotalAssetsGrp/BOYAmt0575490
IRS990/TotalAssetsGrp/EOYAmt01147098
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0784203
IRS990/TotalEmployeeCnt083
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0148746
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0190527
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01852669
IRS990/TotalFunctionalExpensesGrp/TotalAmt02191942
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt091750
IRS990/TotalLiabilitiesEOYAmt0356767
IRS990/TotalLiabilitiesGrp/BOYAmt091750
IRS990/TotalLiabilitiesGrp/EOYAmt0356767
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0483740
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0790331
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt085116
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt085116
IRS990/TotalProgramServiceExpensesAmt01852669
IRS990/TotalProgramServiceRevenueAmt01713813
IRS990/TotalRevenueGrp/ExclusionAmt0382
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01713813
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02498533
IRS990/TotalVolunteersCnt0100
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0575490
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01147098
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0302552
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.VERITASACADEMY.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KEVIN REAM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE CHAIR/TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07175560690
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-10-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VERITAS ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt0VERI
ReturnHeader/Filer/EIN0593333430

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,147,098
Liabilities
$356,767
Net assets
$790,331
Revenue
$2,498,533
Expenses
$2,191,942
Net income
$306,591
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.70$3.08$4.62$5.73$4.63$1.11
2024Detailed filing. Detailed filing data is available for this year.$6.70$3.19$3.51$4.82$4.24$0.58
2023Detailed filing. Detailed filing data is available for this year.$6.16$3.27$2.88$4.27$3.72$0.55
2022Detailed filing. Detailed filing data is available for this year.$5.67$3.33$2.33$3.55$2.95$0.59
2021Detailed filing. Detailed filing data is available for this year.$4.46$2.72$1.74$3.40$2.45$0.95
2020Detailed filing. Detailed filing data is available for this year.$1.15$0.36$0.79$2.50$2.19$0.31
2019Detailed filing. Detailed filing data is available for this year.$0.58$0.09$0.48$2.20$2.14$0.06
2018Detailed filing. Detailed filing data is available for this year.$0.52$0.11$0.42$2.20$2.02$0.19
2017Detailed filing. Detailed filing data is available for this year.$0.35$0.12$0.23$1.94$1.77$0.17
2016Detailed filing. Detailed filing data is available for this year.$0.27$0.22$0.05$1.70$1.63$0.07
2015Summary only. Only limited summary data is available for this year.$0.20$0.22$0.01$1.54$1.53$0.01
2014Summary only. Only limited summary data is available for this year.$0.10$0.13$0.03$1.49$1.40$0.09
2013Summary only. Only limited summary data is available for this year.$0.07$0.18$0.11$1.39$1.35$0.04
2012Summary only. Only limited summary data is available for this year.$0.14$0.29$0.15$1.19$1.25$0.06
2011Summary only. Only limited summary data is available for this year.$0.11$0.20$0.09$1.15$1.22$0.07