Veritas School
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 1,517,222 | 1,554,654 | −37,432 | 10.8 | 56% |
| 2013 | 1,636,216 | 1,539,218 | 96,998 | 11.6 | 59% |
| 2014 | 1,717,331 | 1,553,015 | 164,316 | 12.8 | 45% |
| 2015 | 1,593,684 | 1,581,475 | 12,209 | 12.7 | 45% |
| 2016 | 1,667,037 | 1,641,557 | 25,480 | 12.4 | 46% |
| 2017 | 1,747,486 | 1,708,295 | 39,191 | 12.2 | 45% |
| 2018 | 2,057,926 | 1,838,950 | 218,976 | 12.8 | 50% |
| 2019 | 1,855,478 | 1,754,536 | 100,942 | 14.1 | 55% |
| 2020 | 2,209,165 | 1,824,788 | 384,377 | 16.0 | 57% |
| 2021 | 1,896,078 | 1,847,648 | 48,430 | 16.2 | 57% |
| 2022 | 2,275,326 | 1,975,702 | 299,624 | 16.9 | 55% |
| 2023 | 1,962,538 | 2,137,206 | −174,668 | 14.7 | 56% |
In its most recent public year (2023), this organization spent $174,668 more than it brought in. Its reserves stood at about 14.7 months of spending, up from 10.8 in 2012. Staff pay was 56% 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 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 School'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