Veritas College Preparatory Leadership Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,238,441 | 1,207,955 | 30,486 | 3.1 | 45% |
| 2012 | 1,567,234 | 1,766,096 | −198,862 | 0.8 | 50% |
| 2013 | 1,590,192 | 1,864,282 | −274,090 | -1.0 | 49% |
| 2014 | 1,918,871 | 1,910,572 | 8,299 | -0.9 | 46% |
| 2015 | 1,843,023 | 1,626,741 | 216,282 | -1.1 | 55% |
| 2016 | 1,601,566 | 1,493,556 | 108,010 | -0.3 | 56% |
| 2017 | 1,461,814 | 1,211,872 | 249,942 | 2.1 | 55% |
| 2018 | 1,481,000 | 1,446,347 | 34,653 | 2.0 | 49% |
| 2019 | 1,373,484 | 1,286,738 | 86,746 | 3.1 | 55% |
| 2020 | 1,866,057 | 1,451,045 | 415,012 | 6.2 | 50% |
| 2021 | 1,596,034 | 1,471,161 | 124,873 | 7.1 | 59% |
| 2022 | 1,648,675 | 1,566,315 | 82,360 | 7.3 | 57% |
| 2023 | 2,523,828 | 2,089,334 | 434,494 | 8.0 | 53% |
| 2024 | 2,449,506 | 2,392,028 | 57,478 | 7.2 | 57% |
In its most recent public year (2024), this organization brought in $57,478 more than it spent. Its reserves stood at about 7.2 months of spending, up from 3.1 in 2011. Staff pay was 57% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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