Civic Intelligence

Veritas Education Foundation

990EZ • Fiscal year 2022 • EIN 87-2266162

Aug 25, 2021 to Jun 30, 2022 • Filed on Feb 10, 2023

Organization Profile
10141 Freeman AveSanta Fe Springs, CA 90670

(323) 821-4203

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

63rd percentile

14%

Higher net margin than 63% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Balance Sheet
Liabilities / Assets58th percentile

Assets

$9,338

No earlier filing loaded for comparison.

Net Assets

$9,338

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin63rd percentile

Revenue

$67,885

No earlier filing loaded for comparison.

Expenses

$58,547

No earlier filing loaded for comparison.

Net Income

$9,338

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$100K$50K$0-$50K-$100KAssets 2022: $9,338Liabilities 2022: $0Net Assets 2022: $9,3382022Assets 2023: $5,443Liabilities 2023: $69,500Net Assets 2023: -$64,0572023Assets 2024: $22,155Liabilities 2024: $72,500Net Assets 2024: -$50,3452024

Highlighted filing

2022

Assets$9,338
Liabilities$0
Net Assets$9,338
Open 2022 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$400K$200K$0-$200KRevenue 2022: $67,885Expenses 2022: $58,547Net Income 2022: $9,3382022Revenue 2023: $290,533Expenses 2023: $363,928Net Income 2023: -$73,3952023Revenue 2024: $277,164Expenses 2024: $263,452Net Income 2024: $13,7122024

Highlighted filing

2022

Revenue$67,885
Expenses$58,547
Net Income$9,338
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Aug 25, 2021 to Jun 30, 2022
Signed
Feb 10, 2023
Return Version
2021v4.2
Gross Receipts
$136,709
Mission and Program Overview

Mission

Using athletics to create careers

Program Services

DescriptionGrantsExpenses
Scholoarships for low income students, Elite Coaching, Competition against top talent, Introduction to college opportunities, Mentoring from business leaders-$42,724
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
George ZedanPresident-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$66,214$66,214$36,368$29,846
Total Events$66,214$66,214$70,824$-4,610
Filing and Contact Details

Filer

Filer Name
Veritas Education Foundation
EIN
87-2266162
Address
10141 Freeman Ave, Santa Fe Springs, CA 90670

Signing Officer

Name
George Zedan
Title
President
Phone
3238214203
Signed
2023-02-10
Discuss with paid preparer
No

Preparer

Firm
Van Ness CPA Inc
Address
2535 Kettner Blvd Suite 3A5, San Diego, CA 92101
Preparer
David Van Ness
Phone
6192227622
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description AmountTravel 8,976Room and Board 1,160Administrative Expense 5,419Training and Fitness 42,724”

Raw XML Appendix139 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/SpecialEventsNetIncomeLossAmt0-4611
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
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IRS990EZ/TotalRevenueAmt067885
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
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IRS990ScheduleG/InPersonSolicitationsInd0X
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ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/TaxPeriodBeginDt02021-08-25
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ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$9,338
Liabilities
$0
Net assets
$9,338
Revenue
$67,885
Expenses
$58,547
Net income
$9,338
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.22$0.73$0.50$2.77$2.63$0.14
2023Detailed filing. Detailed filing data is available for this year.$0.05$0.70$0.64$2.91$3.64$0.73
2022Detailed filing. Detailed filing data is available for this year.$0.09$0.00$0.09$0.68$0.59$0.09