Veritas Preparatory School Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 161,236 | 101,825 | 59,411 | 7.6 | — |
| 2014 | 194,553 | 179,534 | 15,019 | 5.3 | — |
| 2015 | 387,268 | 342,249 | 45,019 | 4.4 | 59% |
| 2016 | 168,968 | 203,606 | −34,638 | 5.3 | 68% |
| 2017 | 522,249 | 523,175 | −926 | 2.0 | 65% |
| 2018 | 539,416 | 554,310 | −14,894 | 1.6 | 72% |
| 2019 | 712,492 | 723,290 | −10,798 | 1.0 | 72% |
| 2020 | 841,292 | 809,825 | 31,467 | 1.4 | 70% |
| 2021 | 1,208,572 | 1,017,054 | 191,518 | 3.4 | 71% |
| 2022 | 1,352,342 | 1,421,544 | −69,202 | 1.8 | 72% |
| 2023 | 1,944,772 | 1,837,392 | 107,380 | 2.1 | 68% |
| 2024 | 2,518,835 | 2,052,698 | 466,137 | 4.6 | 71% |
In its most recent public year (2024), this organization brought in $466,137 more than it spent. Its reserves stood at about 4.6 months of spending, down from 7.6 in 2013. Staff pay was 71% 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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