Liabilities / Assets
63rd percentile
Tied with the lowest-debt nonprofits in its peer group.
Veritas Classes Inc.
990EZ • Fiscal year 2020 • EIN 81-2207835
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
63rd percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
50th percentile
Higher net margin than 50% of similar nonprofits.
Top Officer Pay
84th percentile
Higher top officer pay than 84% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
$9,767
No earlier filing loaded for comparison.
Net Assets
$9,767
No earlier filing loaded for comparison.
Liabilities
$0
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
$71,592
No earlier filing loaded for comparison.
Expenses
$67,513
No earlier filing loaded for comparison.
Net Income
$4,079
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2020 to Dec 31, 2020
- Signed
- Nov 5, 2021
- Return Version
- 2020v4.1
- Gross Receipts
- $71,592
Mission and Program Overview
Mission
Please see Sch O for primary purpose
Program Services
| Description | Grants | Expenses |
|---|---|---|
| Veritas Classes Inc serves on average 100 students per year. | - | $67,513 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Wade Cox | Chairman | - | $0 | - | - |
| Gary Brantley | Treasurer | - | $0 | - | - |
| Stacie Brantley | Board Member | - | $0 | - | - |
| David Morton | Board Member Web Designer | - | $0 | - | - |
| Casey Morton | Secretary | - | $0 | - | - |
| Cindy Fox | Board Member | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Veritas Classes Inc
- EIN
- 81-2207835
- Address
- 1600 Power Line Road, Elon, NC 27244
Signing Officer
- Name
- Wade Cox
- Title
- Chairman
- Phone
- 3369080908
- Signed
- 2021-11-05
- Discuss with paid preparer
- No
Preparer
- Firm
- Lori E Kenney CPA PLLC
- Address
- 5901 Willow Oak Drive, Mebane, NC 27302
- Preparer
- Lori E Kenney
- Phone
- 9194522038
Supplemental Narrative
Additional Explanations
Description of other expenses Part I line 16
“Description AmountGeneral Office Supplies 35Quickbooks 1,089Bank Charges 61CPA fee 155Webmaster 350General Liability Insurance 774Supplies 1,305Misc 317”
Part III response or note to any other line in Part III
“The Mission of Veritas is to provide weekly tutorials from an unapologetically Christian worldview to enrich the local homeschool environment, assist parents in leading their students toward their academic goals, and encourage students to grow closer to the Lord through positive relationships with instructors and peers.”
Raw XML Appendix144 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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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Treasurer |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | Board Member |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 4086 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | Please see Sch O for primary purpose |
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| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
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| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
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| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
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| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 71592 |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | The Mission of Veritas is to provide weekly tutorials from an unapologetically Christian worldview to enrich the local homeschool environment, assist parents in leading their students toward their academic goals, and encourage students to grow closer to the Lord through positive relationships with instructors and peers. |
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| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Part III response or note to any other line in Part III |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
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| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd | 0 | 00 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
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| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Chairman |
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| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-11-05 |
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| ReturnHeader/Filer/EIN | 0 | 812207835 |
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| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 5901 Willow Oak Drive |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Mebane |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 27302 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9194522038 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2021-11-10 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Lori E Kenney |
| ReturnHeader/ReturnTs | 0 | 2021-11-10T10:51:41-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | Wade |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | Cox |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-12-31 |
| ReturnHeader/TaxYr | 0 | 2020 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $9,767
- Liabilities
- $0
- Net assets
- $9,767
- Revenue
- $71,592
- Expenses
- $67,513
- Net income
- $4,079