Civic Intelligence

Veritas Academy Inc.

990 • Fiscal year 2023 • EIN 59-3333430

Jul 01, 2022 to Jun 30, 2023 • Filed on Sep 27, 2023

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

81st percentile

0.53x

Higher debt load relative to assets than 81% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

80th percentile

0.77x

Higher debt load relative to revenue than 80% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Net Margin

67th percentile

13%

Higher net margin than 67% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

22nd percentile

$0

Higher top officer pay than 22% of similar nonprofits.

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

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Asset Growth

59th percentile

8.7%

Faster asset growth than 59% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

71st percentile

21%

Faster revenue growth than 71% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets81st percentile

Assets

Up

$6,159,185

Up $493,107 (+8.7%) from 2022

Net Assets

Up

$2,884,826

Up $553,396 (+24%) from 2022

Liabilities

Down

$3,274,359

Down $60,289 (-1.8%) from 2022

Revenue And Expenses
Liabilities / Revenue80th percentileNet Margin67th percentile

Revenue

Up

$4,273,600

Up $727,745 (+21%) from 2022

Expenses

Up

$3,720,204

Up $765,298 (+26%) from 2022

Net Income

Down

$553,396

Down $37,553 (-6.4%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth59th 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

2023

Assets$6,159,185
Liabilities$3,274,359
Net Assets$2,884,826
Open 2023 Filing

Operations Trend

Revenue Growth71st 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

2023

Revenue$4,273,600
Expenses$3,720,204
Net Income$553,396
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Sep 27, 2023
Return Version
2022v5.0
Gross Receipts
$4,273,600
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
Land, Buildings, and Equipment, Net$4,454,747$5,358,940▲ $904,193
Savings and Temporary Cash Investments$10,188$274,588▲ $264,400
Cash and Non-Interest-Bearing Accounts$963,230$210,618▼ $752,612
Accounts Receivable$57,521$24,868▼ $32,653
Investments Other Securities-$11,971-
Prepaid Expenses and Deferred Charges$80,439$5,160▼ $75,279
Total Assets$5,666,078$6,159,185▲ $493,107
Other Assets Total$99,953$273,040▲ $173,087
Liabilities
Unsecured Notes Loans Payable$3,155,020$3,074,188▼ $80,832
Accounts Payable and Accrued Expenses$153,089$171,867▲ $18,778
Deferred Revenue$26,539$28,304▲ $1,765
Total Liabilities$3,334,648$3,274,359▼ $60,289
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,291,877$2,833,557▲ $541,680
Net Assets With Donor Restrictions$39,553$51,269▲ $11,716
Total Net Assets Fund Balance$2,331,430$2,884,826▲ $553,396
Total Liabilities and Net Assets / Fund Balance$5,666,078$6,159,185▲ $493,107

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$5,044,340$400,681$5,445,021
Land$314,600-$314,600

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$10,188$750▲ $1,033-$11,971
2021$10,730$1,100▼ $1,641-$10,188
2020$7,015$1,700▲ $2,015-$10,730
2019$5,950$1,200▲ $382-$7,015
2018$4,721$1,100▲ $616-$5,950
Compensation and Service Providers
Top Officer Pay22nd percentile

Board Members and Trustees

NameTitle
Kevin ReamChairman
David AungstVice Chair
Brad BrossmanBoard Member
Rona MartinBoard Member
Scott ForbesBoard Member
Susan McknightBoard Member
Charles HeathSecretary
Stephen Mark MosesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,518,740
Program Service Revenue
$2,741,155
Investment Income
$13,705
Other Revenue
$0
All Other Contributions
$1,352,351
Change in Net Assets
$553,396
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,453,437
Other Expenses$1,266,767
Total Fundraising Expense$324,154
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,913,450$192,839$167,486$2,273,775
Occupancy$224,719$5,372$2,442$232,533
Depreciation Depletion$201,248$4,087$1,837$207,172
Payroll Taxes$151,191$15,237$13,234$179,662
Advertising-$44,771$130,216$174,987
Interest$111,818$2,673$1,215$115,706
All Other Expenses$45,918$9,367$375$55,660
Office Expenses$34,488$3,476$3,019$40,983
Information Technology$30,300$3,054$2,652$36,006
Insurance$21,951$1,932$1,678$25,561
Fees for Services Accounting-$17,334-$17,334
Fees for Services Other$11,116$3,962-$15,078
Conferences and Meetings$10,759--$10,759
Other Expenses$9,857--$9,857
Fees for Services Legal-$2,220-$2,220
Total Functional Expenses$3,089,726$306,324$324,154$3,720,204
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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

“Form 990 provided to board and 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
Stephen Mark Moses
Title
Treasurer
Phone
7175560690
Signed
2023-09-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kevin Ream
Formed
1996
Legal Domicile
Pa
Voting Board Members
8
Independent Board Members
8
Employees
83
Volunteers
336

Preparer

Firm
Integrity Cpas LLC
Address
7 STAUFFER LANE SUITE 100, EPHRATA, PA 17522-8655
Preparer
Kyle M Smith CPA
Phone
7177387346
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

“Earnings to be used for operations and scholarships”

Raw XML AppendixShowing 400 of 424 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/Desc1PRESCHOOL TUITION
IRS990/ProgramServiceRevenueGrp/Desc2LUNCH PROGRAM
IRS990/ProgramServiceRevenueGrp/Desc3FIELD TRIPS
IRS990/ProgramServiceRevenueGrp/Desc4ATHLETIC INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02479449
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt186556
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt267455
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt336764
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt426037
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02479449
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt186556
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt267455
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt336764
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt426037
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01261995
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0671
IRS990/PYOtherExpensesAmt01039480
IRS990/PYOtherRevenueAmt0344
IRS990/PYProgramServiceRevenueAmt02282845
IRS990/PYRevenuesLessExpensesAmt0590949
IRS990/PYSalariesCompEmpBnftPaidAmt01915426
IRS990/PYTotalExpensesAmt02954906
IRS990/PYTotalRevenueAmt03545855
IRS990/ReconcilationRevenueExpnssAmt0553396
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt02741155
IRS990/SavingsAndTempCashInvstGrp/BOYAmt010188
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0274588
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/BeginningYearBalanceAmt010188
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0750
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt011971
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt01033
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt010730
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt01100
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt010188
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-1641
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt07015
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt01700
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt010730
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt02015
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt05950
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt01200
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt07015
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0382
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt04721
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt01100
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt05950
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0616
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/LandGrp/BookValueAmt0314600
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0314600
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt05044340
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0400681
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt05445021
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0EARNINGS TO BE USED FOR OPERATIONS AND SCHOLARSHIPS
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05358940
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/ExplanationTxt0FORM 990 PROVIDED TO BOARD AND REVIEWED 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/TotalAssetsBOYAmt05666078
IRS990/TotalAssetsEOYAmt06159185
IRS990/TotalAssetsGrp/BOYAmt05666078
IRS990/TotalAssetsGrp/EOYAmt06159185
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01518740
IRS990/TotalEmployeeCnt083
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0324154
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0306324
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03089726
IRS990/TotalFunctionalExpensesGrp/TotalAmt03720204
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03334648
IRS990/TotalLiabilitiesEOYAmt03274359
IRS990/TotalLiabilitiesGrp/BOYAmt03334648
IRS990/TotalLiabilitiesGrp/EOYAmt03274359
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02331430
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02884826
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt044894
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt044894
IRS990/TotalProgramServiceExpensesAmt03089726
IRS990/TotalProgramServiceRevenueAmt02741155
IRS990/TotalRevenueGrp/ExclusionAmt013705
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02741155
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04273600
IRS990/TotalVolunteersCnt0336
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05666078
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt06159185
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt03155020
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt03074188
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.VERITASACADEMY.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0STEPHEN MARK MOSES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07175560690
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-09-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VERITAS ACADEMY INC

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,159,185
Liabilities
$3,274,359
Net assets
$2,884,826
Revenue
$4,273,600
Expenses
$3,720,204
Net income
$553,396
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