Veritas Classical Christian Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 13,132 | 9,961 | 3,171 | 3.8 | — |
| 2013 | 63,860 | 58,554 | 5,306 | 1.7 | — |
| 2014 | 84,308 | 72,737 | 11,571 | 3.3 | — |
| 2015 | 107,443 | 109,914 | −2,471 | 1.9 | — |
| 2016 | 129,007 | 135,664 | −6,657 | 1.0 | — |
| 2017 | 139,448 | 137,096 | 2,352 | 1.2 | — |
| 2018 | 180,162 | 171,062 | 9,100 | 1.6 | — |
| 2019 | 166,754 | 181,135 | −14,381 | 0.6 | — |
| 2020 | 202,874 | 199,002 | 3,872 | 0.7 | 82% |
| 2021 | 184,748 | 167,531 | 17,217 | 2.1 | 77% |
| 2022 | 175,657 | 209,878 | −34,221 | -0.3 | 78% |
| 2023 | 242,082 | 202,487 | 39,595 | 2.1 | 76% |
| 2024 | 183,705 | 214,669 | −30,964 | 0.2 | 79% |
In its most recent public year (2024), this organization spent $30,964 more than it brought in. Its reserves stood at about 0.2 months of spending, down from 3.8 in 2012. Staff pay was 79% 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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