Veritas Christian Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 586,918 | 548,318 | 38,600 | 4.3 | 66% |
| 2013 | 678,993 | 662,723 | 16,270 | 3.8 | 63% |
| 2014 | 777,134 | 811,207 | −34,073 | 2.6 | 63% |
| 2015 | 847,125 | 842,997 | 4,128 | 2.6 | 62% |
| 2016 | 1,150,384 | 951,577 | 198,807 | 4.9 | 65% |
| 2017 | 1,291,061 | 1,139,741 | 151,320 | 5.7 | 67% |
| 2018 | 1,790,158 | 1,607,766 | 182,392 | 5.4 | 56% |
| 2019 | 2,079,336 | 2,006,458 | 72,878 | 4.8 | 57% |
| 2020 | 2,202,926 | 2,100,450 | 102,476 | 5.1 | 60% |
| 2021 | 2,714,340 | 2,069,597 | 644,743 | 9.1 | 58% |
| 2022 | 4,759,399 | 2,654,154 | 2,105,245 | 16.6 | 57% |
| 2023 | 4,017,769 | 3,323,849 | 693,920 | 15.8 | 58% |
In its most recent public year (2023), this organization brought in $693,920 more than it spent. Its reserves stood at about 15.8 months of spending, up from 4.3 in 2012. Staff pay was 58% of spending. $50,546 of its net assets are donor-restricted.
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 2023. 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
Veritas Christian Academy Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works