Veritas Christian School
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 959,596 | 913,437 | 46,159 | 6.7 | 70% |
| 2012 | 860,395 | 957,395 | −97,000 | 5.1 | 67% |
| 2013 | 879,529 | 926,176 | −46,647 | 4.7 | 67% |
| 2014 | 950,175 | 925,797 | 24,378 | 5.0 | 67% |
| 2015 | 973,599 | 999,651 | −26,052 | 4.3 | 66% |
| 2016 | 1,132,977 | 1,173,435 | −40,458 | 3.3 | 65% |
| 2017 | 1,114,284 | 1,171,745 | −57,461 | 2.7 | 68% |
| 2018 | 1,186,896 | 1,187,890 | −994 | 2.7 | 69% |
| 2019 | 2,662,676 | 1,007,174 | 1,655,502 | 22.9 | 59% |
| 2020 | 1,055,973 | 972,574 | 83,399 | 24.7 | 70% |
In its most recent public year (2020), this organization brought in $83,399 more than it spent. Its reserves stood at about 24.7 months of spending, up from 6.7 in 2011. Staff pay was 70% 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 2020. 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 School's IRS filings as a feed — one entry per filing year, through 2020. 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