2018-03-14T08:47:54-05:00 2017-06-30 208426521 KIMBLE 6806 PARAGON PLACE SUITE 250 RICHMOND VA 23230 990 2016-07-01 550770184 VERITAS CLASSICAL CHRISTIAN SCHOOL VERI 8042729517 3400 BROOK ROAD RICHMOND VA 23227 STEVE GODFREY TREASURER 8042729517 2018-03-14 1 FABIOLA SANTANA P00238084 8046124380 50.242.56.77 2018-03-14 08:33:05 ED P D948DC5E9FE356E1E50339EEE7BF810D4ECACD6E 53660244E6F435F63F01D5B6B0FD7E442CE883CF 2016 2021-01-29 14:40:06Z STEVE GODFREY 3400 BROOK ROAD RICHMOND VA 23227 8104496 0 X WWW.VERITASSCHOOL.COM X 2000 VA TO PROVIDE CHRIST-CENTERED,ACADEMICALLY RIGOROUS CLASSICAL EDUCATION. 7 7 121 125 0 0 935507 1598007 4595651 5450728 1879 6480 8411 53177 5541448 7108392 656552 809298 0 0 2758303 3421077 0 45194 251663 1271091 1585862 4685946 5861431 855502 1246961 11119595 15598767 8828798 12061008 2290797 3537759 TO PROVIDE CHRIST-CENTERED,ACADEMICALLY RIGOROUS CLASSICAL EDUCATION. 0 0 4518705 809298 5579101 PROVIDE CLASSICAL AND CHRISTIAN EDUCATION TO OVER 300 STUDENTS GRADES K-12; EMPLOYING OVER 100 PEOPLE INCLUDING TEACHERS, UPPER AND LOWER SCHOOL PRINCIPALS, BUSINESS MANAGER, OFFICE MANAGERS, AND DIRECTORS OF ADMISSIONS AND DEVELOPMENT. 4518705 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 1 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 1 23 0 121 1 0 0 0 0 0 1 1 0 0 X 7 7 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 X ELIZABETH BUTLER CHAIRMAN 3.00 X X 0 0 0 RICHARD CAMPBELL BOARD MEMBER 1.00 X 0 0 0 RICH CRAWFORD HEAD SUPPORT AND EVALUATION 2.00 X X 0 0 0 STEVE GODFREY TREASURER 1.00 X X 0 0 0 DAN KLEINSCHUSTER BOARD MEMBER 1.00 X 0 0 0 DEREK LEWIS BOARD MEMBER 1.00 X 0 0 0 JEFF UKROP BOARD MEMBER 1.00 X 0 0 0 W KEITH NIX HEAD OF SCHOOL 50.00 X 184032 0 4800 184032 0 4800 1 0 1 0 0 1598007 598000 1598007 TUITION & FEES 611110 5417420 5417420 OTHER SCHOOL FEES & RE 611110 33308 33308 5450728 4678 4678 296067 372422 -76355 -76355 -76355 585868 584066 1802 1802 1802 40098 37137 2961 2961 156 2479 -2323 -2323 GAIN ON ELIMINATION OF 531390 128894 128894 128894 7108392 5579101 0 -68716 809298 809298 179100 127219 46327 5554 2664868 1892922 689307 82639 94079 66827 24335 2917 270036 191813 69849 8374 212994 151295 55094 6605 21432 21432 45194 45194 145345 30119 29808 85418 60212 23522 23279 13411 508885 405743 103142 198071 198071 254902 237126 17776 48015 44653 3362 CURRICULUM & CLASSROOM 207839 207839 0 0 EDUCATION AND OTHER STA 131904 131904 0 0 PAYROLL PROCESSING FEES 7352 0 7352 0 OTHER EDUCATIONAL EVENT 1905 354 0 1551 5861431 4518705 1091063 251663 69434 54317 1308294 1574308 2856526 3295622 3003 1860 95148 82037 11282669 706441 6763001 10576228 24189 14395 11119595 15598767 154302 59478 4069739 4829399 4604757 7172131 8828798 12061008 X 1891363 2917642 399434 620117 2290797 3537759 11119595 15598767 1246961 0 X 1 X 0 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 800000 1776000 2576000 769737 7229843 444497 7555083 175110 40635 134475 241731 112638 129093 290248 108671 181577 10576228 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, 2013 TO 2017, ARE OPEN TO EXAMINATION BY FEDERAL, STATE AND LOCAL AUTHORITIES. 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 X X X X X X 1 THE FOCUS GROUP 521 A1A BEACH BLVD ST AUGUSTINE FL 32080 CONSULTATION AND SUPPORT FOR IN-HOUSE CAMPAIGN 0 719383 45194 674189 719383 45194 674189 VA COMMUNITY DINNER 6897 6897 9639 GOLF SCRAMBLE 33201 33201 22266 2 5232 40098 40098 37137 37137 2961 0 TUITION REDUCTION/FINANCIAL AID 54 477375 331923 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 FACTS GRANT & 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 FFNA EVALUATION. 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 184032 0 0 0 0 0 0 0 4800 0 188832 0 0 0 PART I, LINE 4B KEITH NIX $0 X LAND 1 598000 FMV 0 0 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 4981946 VERITAS CLASSICAL CHRISTIAN SCHOOL LABURNUM HOUSE PROPERTIES LLC 3400 BROOK ROAD RICHMOND VA 23227 ACQUIRING, OWNING AND MANAGING REAL ESTATE VA 1582216 VERITAS CLASSICAL CHRISTIAN SCHOOL