Civic Intelligence

Veritas School

990 • Fiscal year 2021 • EIN 93-1222072

Jul 01, 2020 to Jun 30, 2021 • Filed on Oct 12, 2021

Organization ProfileWWW.VERITASSCHOOL.NET

View Organization Page

26288 NE Bell RoadNewberg, OR 97132-1674

(503) 538-1962

Siviq Scores

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

Liabilities / Assets

78th percentile

0.36x

Higher debt load relative to assets than 78% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

84th percentile

0.74x

Higher debt load relative to revenue than 84% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

31st percentile

2.6%

Higher net margin than 31% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

68th percentile

$95,152

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 5.0% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

36th percentile

3.3%

Faster asset growth than 36% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

17th percentile

-14%

Faster revenue growth than 17% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets78th percentile

Assets

Up

$3,889,493

Up $124,165 (+3.3%) from 2020

Net Assets

Up

$2,488,143

Up $48,430 (+2.0%) from 2020

Liabilities

Up

$1,401,350

Up $75,735 (+5.7%) from 2020

Revenue And Expenses
Liabilities / Revenue84th percentileNet Margin31st percentile

Revenue

Down

$1,896,078

Down $313,087 (-14%) from 2020

Expenses

Up

$1,847,648

Up $22,860 (+1.3%) from 2020

Net Income

Down

$48,430

Down $335,947 (-87%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth36th percentile

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

$6.0M$4.0M$2.0M$0Assets 2011: $1,815,535Liabilities 2011: $380,879Net Assets 2011: $1,434,6562011Assets 2012: $2,004,785Liabilities 2012: $607,561Net Assets 2012: $1,397,2242012Assets 2013: $2,213,456Liabilities 2013: $719,234Net Assets 2013: $1,494,2222013Assets 2014: $2,219,823Liabilities 2014: $561,285Net Assets 2014: $1,658,5382014Assets 2015: $2,206,969Liabilities 2015: $536,222Net Assets 2015: $1,670,7472015Assets 2016: $2,153,667Liabilities 2016: $457,440Net Assets 2016: $1,696,2272016Assets 2017: $2,276,411Liabilities 2017: $540,993Net Assets 2017: $1,735,4182017Assets 2018: $3,119,794Liabilities 2018: $1,165,400Net Assets 2018: $1,954,3942018Assets 2019: $3,182,973Liabilities 2019: $1,127,637Net Assets 2019: $2,055,3362019Assets 2020: $3,765,328Liabilities 2020: $1,325,615Net Assets 2020: $2,439,7132020Assets 2021: $3,889,493Liabilities 2021: $1,401,350Net Assets 2021: $2,488,1432021Assets 2022: $3,924,734Liabilities 2022: $1,136,967Net Assets 2022: $2,787,7672022Assets 2023: $3,709,411Liabilities 2023: $1,096,312Net Assets 2023: $2,613,0992023Assets 2024: $5,898,523Liabilities 2024: $3,033,102Net Assets 2024: $2,865,4212024

Highlighted filing

2021

Assets$3,889,493
Liabilities$1,401,350
Net Assets$2,488,143
Open 2021 Filing

Operations Trend

Revenue Growth17th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $1,405,4252011Expenses 2012: $1,554,6542012Expenses 2013: $1,539,2182013Revenue 2014: $1,717,331Expenses 2014: $1,553,015Net Income 2014: $164,3162014Revenue 2015: $1,593,684Expenses 2015: $1,581,475Net Income 2015: $12,2092015Revenue 2016: $1,667,037Expenses 2016: $1,641,557Net Income 2016: $25,4802016Revenue 2017: $1,747,486Expenses 2017: $1,708,295Net Income 2017: $39,1912017Revenue 2018: $2,057,926Expenses 2018: $1,838,950Net Income 2018: $218,9762018Revenue 2019: $1,855,478Expenses 2019: $1,754,536Net Income 2019: $100,9422019Revenue 2020: $2,209,165Expenses 2020: $1,824,788Net Income 2020: $384,3772020Revenue 2021: $1,896,078Expenses 2021: $1,847,648Net Income 2021: $48,4302021Revenue 2022: $2,275,326Expenses 2022: $1,975,702Net Income 2022: $299,6242022Revenue 2023: $1,962,538Expenses 2023: $2,137,206Net Income 2023: -$174,6682023Revenue 2024: $2,807,824Expenses 2024: $2,555,502Net Income 2024: $252,3222024

Highlighted filing

2021

Revenue$1,896,078
Expenses$1,847,648
Net Income$48,430
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Oct 12, 2021
Return Version
2020v4.1
Gross Receipts
$1,937,766
Mission and Program Overview

Mission

Veritas school was founded in 1997 to cultivate wisdom, virtue and godliness in its students, faculty, staff, families and community by providing an excellent christ-centered and classical education. The school provides a strong educational experience for approximately 200 students (grade k-12) from its facilities in newberg, oregon.

Education for students in grades k-12

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,601,936$2,571,250▼ $30,686
Cash and Non-Interest-Bearing Accounts$544,668$694,053▲ $149,385
Savings and Temporary Cash Investments$564,081$580,229▲ $16,148
Prepaid Expenses and Deferred Charges$34,714$29,379▼ $5,335
Intangible Assets$15,586$14,372▼ $1,214
Accounts Receivable$2,213--
Pledges and Grants Receivable$2,130$210▼ $1,920
Total Assets$3,765,328$3,889,493▲ $124,165
Liabilities
Mortgage Notes Payable Secured by Investment Property$962,342$947,092▼ $15,250
Deferred Revenue$340,926$430,494▲ $89,568
Accounts Payable and Accrued Expenses$22,347$23,764▲ $1,417
Total Liabilities$1,325,615$1,401,350▲ $75,735
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,439,713$2,488,143▲ $48,430
Total Net Assets Fund Balance$2,439,713$2,488,143▲ $48,430
Total Liabilities and Net Assets / Fund Balance$3,765,328$3,889,493▲ $124,165

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,699,822$656,524$2,356,346
Land$789,692-$789,692
Equipment$39,141$145,285$184,426
Other Land Buildings$42,595-$42,595
Compensation and Service Providers
Top Officer Pay68th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Bryan LynchHeadmasterFT$83,218$11,934$95,152
Todd HarrisLower School HeadmasterFT$59,741$17,407$77,148
Marsha AckerlundBusiness ManagerFT$50,858$11,934$62,792

Board Members and Trustees

NameTitle
Sarah RahkolaChair
Robert LattusVice Chairman
Alex CrisanBoard Member
Joseph WhiteBoard Member
Mark HallBoard Member
Nora ClairBoard Member
Brenda WinikkaSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$120,152
Program Service Revenue
$1,704,206
Investment Income
$175
Other Revenue
$71,545
All Other Contributions
$95,803
Change in Net Assets
$48,430
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,341,617
Other Expenses$403,109
Grants and Similar Amounts Paid$102,922
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$729,019$138,852-$867,871
Current Officers, Directors, Trustees, and Key Employees-$193,544-$193,544
Other Employee Benefits$121,570$56,398-$177,968
Occupancy$108,188$12,218-$120,406
Grants to Domestic Individuals$102,922--$102,922
Payroll Taxes$56,014$26,359-$82,373
Depreciation Depletion$68,556$9,687-$78,243
Office Expenses-$64,323-$64,323
Interest$38,195$4,711-$42,906
Pension Plan Contributions$13,505$6,356-$19,861
Fees for Services Other-$13,360-$13,360
Advertising-$12,814-$12,814
Travel-$10,631-$10,631
Insurance-$3,209-$3,209
Other Expenses$49,585$133-$133
Total Functional Expenses$1,287,554$560,094$0$1,847,648
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$112,231
Fundraising Direct Expenses$41,688
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auctions$112,231$112,231$40,443$71,788
Annual Appeal$20,449-$1,245-
Total Events$136,580$112,231$41,688$70,543
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
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
Yes
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, Part VI, Section B, Line 11B

“Form 990 is reviewed by the business manager and the board prior to filing.”

Form 990, Part VI, Section B, Line 12C

“The board members sign an annual disclosure statement regarding potential conflicts of interest.”

Form 990, Part VI, Section B, Line 15B

“The board of directors conducts an annual review and determines compensation taking into consideration statistics from other schools.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents, conflict of interest policy and financial statements are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Veritas School
EIN
93-1222072
Phone
5035381962
Address
26288 NE BELL ROAD, NEWBERG, OR 97132-1674

Signing Officer

Name
Sarah Rahkola
Title
Chair
Phone
5035381962
Signed
2021-10-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sarah Rahkola
Formed
1997
Legal Domicile
Or
Voting Board Members
7
Independent Board Members
7
Employees
45
Volunteers
150

Preparer

Firm
Van Beek & Co LLC
Address
16045 SW UPPER BOONES FERRY RD, TIGARD, OR 97224-7733
Preparer
Cynthia Plouf
Phone
5036394700
Raw XML AppendixShowing 400 of 447 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt022347
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt023764
IRS990/AccountsReceivableGrp/BOYAmt02213
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0EDUCATION FOR STUDENTS IN GRADES K-12
IRS990/AdvertisingGrp/ManagementAndGeneralAmt012814
IRS990/AdvertisingGrp/TotalAmt012814
IRS990/AllOtherContributionsAmt095803
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MARSHA ACKERLUND
IRS990/BooksInCareOfDetail/PhoneNum05035381962
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt026288 NE BELL ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEWBERG
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OR
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0971321674
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0544668
IRS990/CashNonInterestBearingGrp/EOYAmt0694053
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0193544
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0193544
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt024349
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0120152
IRS990/CYGrantsAndSimilarPaidAmt0102922
IRS990/CYInvestmentIncomeAmt0175
IRS990/CYOtherExpensesAmt0403109
IRS990/CYOtherRevenueAmt071545
IRS990/CYProgramServiceRevenueAmt01704206
IRS990/CYRevenuesLessExpensesAmt048430
IRS990/CYSalariesCompEmpBnftPaidAmt01341617
IRS990/CYTotalExpensesAmt01847648
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01896078
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0340926
IRS990/DeferredRevenueGrp/EOYAmt0430494
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt09687
IRS990/DepreciationDepletionGrp/ProgramServicesAmt068556
IRS990/DepreciationDepletionGrp/TotalAmt078243
IRS990/Desc0IN A DISIPLINED/GOAL-ORIENTED ENVIRONMENT, THE ORGANIZATION PROVIDES OUTSTANDING PRIMARY AND SECONDARY EDUCATION (GRADE K-12) FOR APPROXIMATELY 250 STUDENTS DURING THE FISCAL YEAR.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt045
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01287554
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt013360
IRS990/FeesForServicesOtherGrp/TotalAmt013360
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt840.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt940.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt711934
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt811934
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt917407
IRS990/Form990PartVIISectionAGrp/PersonNm0MARK HALL
IRS990/Form990PartVIISectionAGrp/PersonNm1ALEX CRISAN
IRS990/Form990PartVIISectionAGrp/PersonNm2BRENDA WINIKKA
IRS990/Form990PartVIISectionAGrp/PersonNm3ROBERT LATTUS
IRS990/Form990PartVIISectionAGrp/PersonNm4JOSEPH WHITE
IRS990/Form990PartVIISectionAGrp/PersonNm5SARAH RAHKOLA
IRS990/Form990PartVIISectionAGrp/PersonNm6NORA CLAIR
IRS990/Form990PartVIISectionAGrp/PersonNm7BRYAN LYNCH
IRS990/Form990PartVIISectionAGrp/PersonNm8MARSHA ACKERLUND
IRS990/Form990PartVIISectionAGrp/PersonNm9TODD HARRIS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt783218
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt850858
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt959741
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7HEADMASTER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BUSINESS MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt9LOWER SCHOOL HEADMASTER
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01997
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt024349
IRS990/FundraisingDirectExpensesAmt041688
IRS990/FundraisingGrossIncomeAmt0112231
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantAmt0102922
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0102922
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0102922
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01937766
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt03209
IRS990/InsuranceGrp/TotalAmt03209
IRS990/IntangibleAssetsGrp/BOYAmt015586
IRS990/IntangibleAssetsGrp/EOYAmt014372
IRS990/InterestGrp/ManagementAndGeneralAmt04711
IRS990/InterestGrp/ProgramServicesAmt038195
IRS990/InterestGrp/TotalAmt042906
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0175
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0175
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt011
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0801809
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02601936
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02571250
IRS990/LandBldgEquipCostOrOtherBssAmt03373059
IRS990/LegalDomicileStateCd0OR
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0VERITAS SCHOOL WAS FOUNDED IN 1997 TO CULTIVATE WISDOM, VIRTUE AND GODLINESS IN ITS STUDENTS, FACULTY, STAFF, FAMILIES AND COMMUNITY BY PROVIDING AN EXCELLENT CHRIST-CENTERED AND CLASSICAL EDUCATION. THE SCHOOL PROVIDES A STRONG EDUCATIONAL EXPERIENCE FOR APPROXIMATELY 250 STUDENTS (GRADE K-12) FROM ITS FACILITIES IN NEWBERG, OREGON.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0962342
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0947092
IRS990/NetAssetsOrFundBalancesBOYAmt02439713
IRS990/NetAssetsOrFundBalancesEOYAmt02488143
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt070543
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt070543
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02439713
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02488143
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt012218
IRS990/OccupancyGrp/ProgramServicesAmt0108188
IRS990/OccupancyGrp/TotalAmt0120406
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt064323
IRS990/OfficeExpensesGrp/TotalAmt064323
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt056398
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0121570
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0177968
IRS990/OtherExpensesGrp/Desc0EDUCATIONAL ACTIVITIES
IRS990/OtherExpensesGrp/Desc1STAFF TRAINING
IRS990/OtherExpensesGrp/Desc2OTHER G&A EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt07499
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1133
IRS990/OtherExpensesGrp/ProgramServicesAmt049585
IRS990/OtherExpensesGrp/TotalAmt049585
IRS990/OtherExpensesGrp/TotalAmt17499
IRS990/OtherExpensesGrp/TotalAmt2133
IRS990/OtherRevenueMiscGrp/BusinessCd0453220
IRS990/OtherRevenueMiscGrp/Desc0MERCHANDISE SALES
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01002
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01002
IRS990/OtherRevenueTotalAmt01002
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0138852
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0729019
IRS990/OtherSalariesAndWagesGrp/TotalAmt0867871
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt026359
IRS990/PayrollTaxesGrp/ProgramServicesAmt056014
IRS990/PayrollTaxesGrp/TotalAmt082373
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt06356
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt013505
IRS990/PensionPlanContributionsGrp/TotalAmt019861
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt02130
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0210
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt034714
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt029379
IRS990/PrincipalOfficerNm0SARAH RAHKOLA
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICE REVENU
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01704206
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01704206
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0403904
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0107513
IRS990/PYInvestmentIncomeAmt0646
IRS990/PYOtherExpensesAmt0391706
IRS990/PYOtherRevenueAmt062933
IRS990/PYProgramServiceRevenueAmt01741682
IRS990/PYRevenuesLessExpensesAmt0384377
IRS990/PYSalariesCompEmpBnftPaidAmt01325569
IRS990/PYTotalExpensesAmt01824788
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02209165
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/ReconcilationRevenueExpnssAmt048430
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01705383
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0564081
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0580229
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/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt01699822
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0656524
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02356346
IRS990ScheduleD/EquipmentGrp/BookValueAmt039141
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0145285
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0184426
IRS990ScheduleD/LandGrp/BookValueAmt0789692
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0789692
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt042595
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt042595
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02571250
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd00
IRS990ScheduleE/MaintainScholarshipsRecsInd00
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd00
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0ALL OF OUR ADMISSIONS MATERIALS INCLUDE OUR NON-DISCRIMINATORY POLICY. OUR NON-DISCRIMINATORY POLICY IS ALSO ON OUR WEBSITE
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1STUDENTS ARE NOT PROFILED BY RACE, THEREFORE NO RECORDS ARE AVAILABLE.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 4
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt024349
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt020449
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt03900
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt041688
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0AUCTIONS
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0ANNUAL APPEAL
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0112231
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt020449
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt03900
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0136580
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0112231
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0112231
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt070543
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt041688
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt040443
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt01245
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt02
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0102922
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS REVIEWED BY THE BUSINESS MANAGER AND THE BOARD PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD MEMBERS SIGN AN ANNUAL DISCLOSURE STATEMENT REGARDING POTENTIAL CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS CONDUCTS AN ANNUAL REVIEW AND DETERMINES COMPENSATION TAKING INTO CONSIDERATION STATISTICS FROM OTHER SCHOOLS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0OR
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03765328
IRS990/TotalAssetsEOYAmt03889493
IRS990/TotalAssetsGrp/BOYAmt03765328
IRS990/TotalAssetsGrp/EOYAmt03889493
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0120152
IRS990/TotalEmployeeCnt045
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0560094
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01287554
IRS990/TotalFunctionalExpensesGrp/TotalAmt01847648
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01325615
IRS990/TotalLiabilitiesEOYAmt01401350
IRS990/TotalLiabilitiesGrp/BOYAmt01325615
IRS990/TotalLiabilitiesGrp/EOYAmt01401350
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02439713
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02488143
IRS990/TotalOtherCompensationAmt041275
IRS990/TotalProgramServiceExpensesAmt01287554
IRS990/TotalProgramServiceRevenueAmt01704206
IRS990/TotalReportableCompFromOrgAmt0193817
IRS990/TotalRevenueGrp/ExclusionAmt070543
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01705383
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01896078
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0150
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03765328
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03889493
IRS990/TotReportableCompRltdOrgAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,889,493
Liabilities
$1,401,350
Net assets
$2,488,143
Revenue
$1,896,078
Expenses
$1,847,648
Net income
$48,430
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.90$3.03$2.87$2.81$2.56$0.25
2023Detailed filing. Detailed filing data is available for this year.$3.71$1.10$2.61$1.96$2.14$0.17
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.92$1.14$2.79$2.28$1.98$0.30
2021Detailed filing. Detailed filing data is available for this year.$3.89$1.40$2.49$1.90$1.85$0.05
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.77$1.33$2.44$2.21$1.82$0.38
2019Detailed filing. Detailed filing data is available for this year.$3.18$1.13$2.06$1.86$1.75$0.10
2018Detailed filing. Detailed filing data is available for this year.$3.12$1.17$1.95$2.06$1.84$0.22
2017Detailed filing. Detailed filing data is available for this year.$2.28$0.54$1.74$1.75$1.71$0.04
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.15$0.46$1.70$1.67$1.64$0.03
2015Detailed filing. Detailed filing data is available for this year.$2.21$0.54$1.67$1.59$1.58$0.01
2014Detailed filing. Detailed filing data is available for this year.$2.22$0.56$1.66$1.72$1.55$0.16
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.21$0.72$1.49$1.54
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.00$0.61$1.40$1.55
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.82$0.38$1.43$1.41