2022-03-01T14:11:14-06:00 2021-06-30 208426521 KIMBLE CPA 6806 PARAGON PLACE SUITE 250 RICHMOND VA 23230 990 2020-07-01 550770184 VERITAS CLASSICAL CHRISTIAN SCHOOL VERI 8042729517 3400 BROOK ROAD RICHMOND VA 23227 JEFFREY BURKETT TREASURER 8042729517 2022-03-01 1 JEFFREY BURKETT 999009999 KIMBERLEY D VANHUSS P00214470 8046124380 X 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z JEFFREY BURKETT 3400 BROOK ROAD RICHMOND VA 23227 10046237 0 X WWW.VERITASSCHOOL.COM X 2000 VA TO PROVIDE CHRIST-CENTERED,ACADEMICALLY ROBUST CLASSICAL EDUCATION. 12 12 124 20 0 0 1586409 1353064 7964566 8398916 17118 7244 133396 117351 9701489 9876575 894910 994063 0 0 5036829 5446794 12500 0 297833 2047785 2120967 7992024 8561824 1709465 1314751 19470096 20443275 11700989 11273112 7769107 9170163 TO PROVIDE CHRIST-CENTERED, ACADEMICALLY ROBUST CLASSICAL EDUCATION. 0 0 7037709 994063 8398211 PROVIDE CLASSICAL AND CHRISTIAN EDUCATION TO 622 STUDENTS GRADES K-12; EMPLOYING 94 PEOPLE INCLUDING TEACHERS, UPPER AND LOWER SCHOOL PRINCIPALS, BUSINESS MANAGER, OFFICE MANAGERS, AND DIRECTORS OF ADMISSIONS AND DEVELOPMENT. 7037709 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 1 1 0 0 0 1 0 0 0 1 0 1 0 0 0 1 23 0 124 1 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 VA X VERITAS BOOKKEEPER 8042729517 3400 BROOK ROAD RICHMOND VA 23227 ELIZABETH BUTLER CHAIRMAN 3.00 X X 0 0 0 REBECCA FENDER BOARD MEMBER 1.00 X 0 0 0 STEVE GODFREY SECRETARY 1.00 X X 0 0 0 ED JONES BOARD MEMBER 1.00 X 0 0 0 DAN KLEINSCHUSTER BOARD MEMBER 1.00 X 0 0 0 DEREK LEWIS BOARD MEMBER 1.00 X 0 0 0 MICHAEL MCCLURE TREASURER 1.00 X X 0 0 0 WILLIAM MIMS BOARD MEMBER 1.00 X 0 0 0 WARREN SMITH BOARD MEMBER 1.00 X 0 0 0 JEFF UKROP BOARD MEMBER 1.00 X 0 0 0 JEFF BURKETT BOARD MEMBER 1.00 X 0 0 0 SEBASTIAN TRAEGER BOARD MEMBER 1.00 X 0 0 0 W KEITH NIX HEAD OF SCHOOL 50.00 X 278199 0 25665 BRIAN WILCOX CHIEF BUSINESS OFFICER 50.00 X 120831 0 31581 ANDREW SMITH DEAN OF ACADEMICS 40.00 X 107369 0 27420 506399 0 84666 3 0 1 0 0 1353064 133744 1353064 TUITION AND FEES 611110 8373569 8373569 OTHER SCHOOL FEES & RE 611110 25347 25347 8398916 7949 7949 107468 0 107468 107468 107468 133039 133744 -705 -705 -705 45801 35918 9883 9883 9876575 8398211 0 125300 994063 994063 399031 327205 59855 11971 3822526 3134471 573379 114676 192464 157820 28870 5774 730180 598748 109527 21905 302593 248126 45389 9078 13050 13050 10932 10932 171523 68609 68609 34305 134604 53842 53841 26921 524189 445561 78628 340600 136240 136240 68120 449168 417846 31322 92461 85987 6474 CURRICULUM & CLASSROOM 260549 260549 EDUCATION AND OTHER STA 98477 98477 BAD DEBT EXPENSE 25413 10165 10165 5083 ROUNDING 1 1 8561824 7037709 1226282 297833 303692 166319 3721124 4733689 115702 27783 30540 9407 136046 70067 17760482 2329646 15160969 15430836 2023 5174 19470096 20443275 92304 163485 2391785 2715412 1385000 1385000 7705189 6970183 126711 39032 11700989 11273112 X 6480448 7777868 1288659 1392295 7769107 9170163 19470096 20443275 1314751 86304 0 X 1 X 0 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 264993 69573 11401 11401 334566 101646 163347 10268 10268 264993 101646 611 611 101646 0 0 3101525 3101525 13150630 1507888 11642742 662208 164121 498087 846119 657637 188482 15430836 DEFERRED COMPENSATION LIABILITY (SERP) 39032 39032 X PART X, LINE 2: VERITAS IS A QUALIFYING NON-PROFIT ORGANIZATION AS DEFINED IN 501(C)(3) OF THE INTERNAL REVENUE CODE AND, THEREFORE, IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES. VERITAS HAS EVALUATED ITS TAX POSITIONS AND DETERMINED THAT ITS POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED ON EXAMINATION. THE TAX RETURNS FOR THE YEARS ENDED JUNE 30, 2018 TO 2021, ARE OPEN TO EXAMINATION BY FEDERAL, STATE AND LOCAL AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISIER EXPENSE NETTED AGAINST FUNDRAISER INCOME PART XI, LINE 4B - OTHER ADJUSTMENTS: TUITION AID RECLASSIFIED AS EXPENSE PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISIER EXPENSE NETTED AGAINST FUNDRAISER INCOME PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION AID RECLASSIFIED AS EXPENSE 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 NOTIFICATION HAS BEEN MADE THROUGH PRINT MEDIA GOLF TOURNAMENT 45801 45801 28439 1 7479 45801 45801 35918 35918 9883 0 TUITION REDUCTION/FINANCIAL AID 128 994063 SEE BELOW SEE BELOW PART I, LINE 2: OUR PHILOSOPHY OF COST-BASED TUITION AND NEED-BASED TUITION ASSISTANCE SEEKS TO BALANCE SOUND STEWARDSHIP WITH COMPASSIONATE SUPPORT TO FAMILIES THAT NEED HELP TO ATTEND VERITAS. RESOURCES ARE PROVIDED TO FAMILIES WITH A PROVEN NEED FOR ASSISTANCE BASED ON AN EVALUATION BY SMART AID, AN INDEPENDENT ORGANIZATION. ALL FAMILIES WHO APPLY FOR TUITION ASSISTANCE ARE NOTIFIED OF APPEAL PROCEDURES IF THERE ARE EXTENUATING CIRCUMSTANCES THAT ARE NOT TAKEN INTO ACCOUNT BY THE FAMILY FINANCIAL NEEDS ASSESSMENT. THE TUITION ASSISTANCE COMMITTEE WILL REQUIRE ANY APPEALING FAMILIES TO PROVIDE ADDITIONAL DOCUMENTATION SUPPORTING THE REQUEST AND WILL OBJECTIVELY REVIEW THE APPEAL TO DETERMINE IF ADDITIONAL ASSISTANCE WILL BE GRANTED. PART III, LINE E: METHOD OF VALUATION - REDUCTION FROM PUBLISHED TUITION CHARGES. X X X 0 1 0 0 0 0 0 0 0 W KEITH NIX HEAD OF SCHOOL 151467 0 0 0 126732 0 0 0 25665 0 303864 0 0 0 BRIAN WILCOX CHIEF BUSINESS OFFICER 120831 0 0 0 0 0 0 0 31581 0 152412 0 0 0 PART I, LINE 4B KEITH NIX $0 A ECONOMIC DEVELOPMENT AUTHORITY OF THE TOWN OF LOUISA VIRGINIA 521372260 2017-07-24 7800000 CONSTRUCTION OF BUILDING 0 0 0 A 7800000 69338 5585423 2145239 2018 1 0 1 1 A 1 0 0 0 0 0 0 A 0 1 0 0 0 0 0 0 1 A 1 SCHEDULE K, PART II, LINE 11 PROCEEDS OF $2,145,239 WERE USED TO REFUND A PRIOR ISSUE. WILLIAM C MIMS BOARD MEMEBER/DIRECTOR TO REFINANCE EXISTING DEBT X 1385000 1385000 0 1 1 1385000 BRIAN WILCOX CHIEF BUSINESS OFFICER 20565 TUITION ASSISTANCE ANDREW SMITH DEAN OF ACADEMICS 27420 TUITION ASSISTANCE X 13 133744 FMV 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B VERITAS CLASSICAL CHRISTIAN SCHOOL (VERITAS) IS GOVERNED BY A BOARD OF DIRECTORS. IT IS DEEMED A VITAL AND A FIDUCIARY DUTY OF THE BOARD UNDER ITS DUTY OF CARE TO VERITAS TO REVIEW THE FORM 990 PRIOR TO ITS BEING FILED WITH THE IRS. THE FOLLOWING PROCESS WILL BE FOLLOWED IN ORDER FOR THIS REVIEW TO BE CARRIED OUT ON A TIMELY BASIS. ONCE THE FORM 990 IS PREPARED, IT WILL BE SENT ELECTRONICALLY TO ALL BOARD MEMBERS. ALL BOARD MEMBERS ARE RESPONSIBLE TO REVIEW THE FORM 990, TAKING THIS OPPORTUNITY TO PROVIDE VERITAS WITH ESSENTIAL, HANDS-ON LEADERSHIP. THE DIRECTORS WILL ELECTRONICALLY SEND COMMENTS CONCERNING FORM 990 OR A SIMPLE STATEMENT OF APPROVAL TO THE BOARD TREASURER. THE TREASURER IS RESPONSIBLE FOR DOCUMENTING THE DATE OF THE VERBAL COMMUNICATION. THE TREASURER WILL MAKE COPIES OF ALL COMMUNICATION FROM THE DIRECTORS TO SEND TO THE BUSINESS MANAGER. THESE COPIES WILL BE RETAINED WITH VERITAS' COPY OF THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C THE FOLLOWING STATEMENT IS INCLUDED ON ALL PURCHASE REQUEST FORMS, CHECK REQUEST FORMS, AND REIMBURSEMENT REQUEST FORMS "IN ACCORDANCE WITH THE CONFLICT OF INTEREST POLICY, I DO NOT STAND TO BENEFIT FROM THIS TRANSACTION OTHER THAN WHAT HAS BEEN DISCLOSED IN THE SPACE BELOW". ALL DISCLOSURES ARE MONITORED AND ADDRESSED BY THE BUSINESS MANAGER. THE CONFLICT OF INTEREST POLICY, ALONG WITH A CONFLICT OF INTEREST DISCLOSURE FORM, IS DISTRIBUTED ANNUALLY TO ALL BOARD MEMBERS, EMPLOYEES, AND VOLUNTEERS WHO AUTHORIZED EXPENDITURES, OR ARE INVOLVED WITH SCHOOL BUDGET. BOARD MEMBERS, EMPLOYEES AND KEY VOLUNTEERS MUST COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION OF THE HEAD OF SCHOOL AND ANY FUTURE EMPLOYEE WHO REPORTS TO THE BOARD OF DIRECTORS, OR HAS A SIMILAR LEVEL OF AUTHORITY AND COMPENSATION PACKAGE IS GOVERNED BY THE SCHOOL'S EXECUTIVE COMPENSATION POLICY AND PROCEDURES, WHICH INCLUDES THE FOLLOWING: EXECUTIVE COMPENSATION WILL BE WITHIN THE NORMAL RANGE FOR A COMPARABLE POSITION FOR INDEPENDENT SCHOOLS. ALL COMPENSATION TO EXECUTIVES WILL BE APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. EXECUTIVE COMPENSATION WILL BE PAID ACCORDING TO A WRITTEN CONTRACT. ALL REIMBURSEMENTS OR ALLOWED EXPENSES INCURRED BY ANY EXECUTIVE OR DIRECTOR WILL BE PAID UPON COMPLIANCE WITH VERITAS' STATED REIMBURSEMENT POLICY, WHICH INCLUDES THE REQUIREMENT OF SUPPORTING DOCUMENTATION PRIOR TO REIMBURSEMENT. FORM 990, PART VI, SECTION C, LINE 18 VERITAS MAKES THEIR FORM 1023, RECOGNITION OF EXEMPTION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, AND PRIOR YEAR END FINANCIAL STATEMENTS WHICH REPORT THE INFORMATION PRESENTED ON THE MOST RECENTLY FILED FORM 990 AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. VERITAS SCHOOL PROPERTIES LLC 3400 BROOK ROAD RICHMOND VA 23227 ACQUIRING, OWNING AND MANAGING REAL ESTATE VA 13027036 VERITAS CLASSICAL CHRISTIAN SCHOOL LABURNUM HOUSE PROPERTIES LLC 3400 BROOK ROAD RICHMOND VA 23227 ACQUIRING, OWNING AND MANAGING REAL ESTATE VA 3750 1483324 VERITAS CLASSICAL CHRISTIAN SCHOOL