VERITAS CLASSICAL CHRISTIAN SCHOOL: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- VERITAS CLASSICAL CHRISTIAN SCHOOL (EIN 55-0770184)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-02-14
- IRS object ID
- 201330459349300418
- Schema version
- 2011v1.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule L
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-02-14T08:22:59-08:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VAN HUSS AND ASSOCIATES PLLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4312 GROVE AVE | AddressLine1 |
| City | RICHMOND | City |
| State | VA | State |
| ZIP Code | 232211802 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 550770184 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VERITAS CLASSICAL CHRISTIAN SCHOOL | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | VERI | NameControl |
| Phone | 8042729517 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6627 B JAHNKE ROAD | AddressLine1 |
| City | RICHMOND | City |
| State | VA | State |
| ZIP Code | 23225 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JONATHAN WHITAKER | Name |
| Title | TREASURER | Title |
| Phone | 8042729517 | Phone |
| Date Signed | 2013-02-14 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | KIMBERLEY D VANHUSS CPA | Name |
| Phone | 8043429437 | Phone |
| Self Employed | X | SelfEmployed |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | JONATHAN WHITAKER | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6627 B JAHNKE RD | AddressLine1 |
| City | RICHMOND | City |
| State | VA | State |
| ZIP Code | 23225 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 2399647 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.veritasschool.com | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 2000 | YearFormation |
| State Legal Domicile | VA | StateLegalDomicile |
| Activity Or Mission Description | To provide Christ-centered, academically rigorous classical education. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 9 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 9 | NbrIndependentVotingMembers |
| Total Nbr Employees | 67 | TotalNbrEmployees |
| Total Nbr Volunteers | 200 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 183055 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 209221 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 1989210 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 2159118 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 3691 | InvestmentIncomePriorYear |
| Investment Income Current Year | 3499 | InvestmentIncomeCurrentYear |
| Other Revenue Current Year | 7968 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 2175956 | TotalRevenuePriorYear |
| Total Revenue Current Year | 2379806 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 284345 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 266047 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 1501905 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 1643301 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 118965 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 492821 | OtherExpensePriorYear |
| Other Expenses Current Year | 558580 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 2279071 | TotalExpensesPriorYear |
| Total Expenses Current Year | 2467928 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -103115 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -88122 | RevenuesLessExpensesCY |
| Total Assets BOY | 1637980 | TotalAssetsBOY |
| Total Assets EOY | 1498805 | TotalAssetsEOY |
| Total Liabilities BOY | 999654 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 948601 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 638326 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 550204 | NetAssetsOrFundBalancesEOY |
| Mission Description | To provide Christ-centered, | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 1973216 | Expense |
| Grants | 266047 | Grants |
| Revenue | 2159118 | Revenue |
| Description | PROVIDE CLASSICAL AND CHRISTIAN EDUCATION TO 263 STUDENT GRADES K-12. EMPLOYED 67 TEACHERS, UPPER AND LOWER SCHOOL PRINCIPALS, BUSINESS MANAGER, OFFICE MANAGERS, AND DIRECTORS OF ADMISSIONS AND DEVELOPMENT. | Description |
| Total Program Service Expense | 1973216 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | false | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | false | ReportOtherLiabilities |
| Report Fin48 Footnote | false | ReportFin48Footnote |
| Independent Audit Financial Stmt | false | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | true | LoanToOfficerOrDQP |
| Grant To Related Person | true | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 7 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 67 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 9 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 9 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | false | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | false | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | BOOKKEEPER | NamePerson |
| Telephone Number | 8042729517 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6627 B JAHNKE RD | AddressLine1 |
| City | RICHMOND | City |
| State | VA | State |
| ZIP Code | 23225 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (10 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| DEREK LEWIS | ||||||
| Chairman | 3.00 | X | X | 0 | 0 | 0 |
| ELIZABETH BUTLER | ||||||
| Vice Chairman | 3.00 | X | X | 0 | 0 | 0 |
| JONATHAN WHITAKER | ||||||
| Treasurer | 3.00 | X | X | 0 | 0 | 0 |
| CHRIS PARKS | ||||||
| Board Member | 1.00 | X | 0 | 0 | 0 | |
| ROBERT LOFTIN | ||||||
| Board Member | 1.00 | X | 0 | 0 | 0 | |
| DENISE MADDOX | ||||||
| Board Member | 1.00 | X | 0 | 0 | 0 | |
| STERLING SWEENEY | ||||||
| Committee on Trustees | 3.00 | X | X | 0 | 0 | 0 |
| MARK LUDOVICO | ||||||
| Board Member | 1.00 | X | 0 | 0 | 0 | |
| BOB FITCH | ||||||
| Board Member | 1.00 | X | 0 | 0 | 0 | |
| W KEITH NIX | ||||||
| Head of School | 50.00 | X | 132971 | 0 | 33600 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 132971 | TotalReportableCompFromOrg |
| Total Other Compensation | 33600 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
| All Other Contributions | 209221 | AllOtherContributions |
| Noncash Contributions | 14661 | NoncashContributions |
| Total Contributions | 209221 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Tuition & fees | Description |
| Business Code | 611110 | BusinessCode |
| Total Revenue Column | 2159118 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 2159118 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3499 | TotalRevenueColumn |
| Exclusion | $3,499 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 18355 | GrossIncomeFundraisingEvents |
| Fundraising Direct Expenses | 10387 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 7968 | TotalRevenueColumn |
| Exclusion | $7,968 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 9454 | GrossSalesOfInventory |
| Cost Of Goods Sold | 9454 | CostOfGoodsSold |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2379806 | TotalRevenueColumn |
| Related Or Exempt Function Income | 2159118 | RelatedOrExemptFunctionIncome |
| Exclusion | $11,467 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 266047 | Total |
| Program Services | 266047 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 181894 | Total |
| Program Services | 54568 | ProgramServices |
| Management And General | 72758 | ManagementAndGeneral |
| Fundraising | 54568 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1264803 | Total |
| Program Services | 1041469 | ProgramServices |
| Management And General | 171717 | ManagementAndGeneral |
| Fundraising | 51617 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 102027 | Total |
| Program Services | 69236 | ProgramServices |
| Management And General | 26884 | ManagementAndGeneral |
| Fundraising | 5907 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 94577 | Total |
| Program Services | 78706 | ProgramServices |
| Management And General | 12086 | ManagementAndGeneral |
| Fundraising | 3785 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4126 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 4126 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 53476 | Total |
| Program Services | 53476 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 29155 | Total |
| Program Services | 2915 | ProgramServices |
| Management And General | 26240 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 18104 | Total |
| Program Services | 14483 | ProgramServices |
| Management And General | 3621 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 130023 | Total |
| Program Services | 114386 | ProgramServices |
| Management And General | 14512 | ManagementAndGeneral |
| Fundraising | 1125 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9065 | Total |
| Program Services | 8697 | ProgramServices |
| Management And General | 335 | ManagementAndGeneral |
| Fundraising | 33 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24045 | Total |
| Program Services | 18675 | ProgramServices |
| Management And General | 5370 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 20420 | Total |
| Program Services | 18888 | ProgramServices |
| Management And General | 1532 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 129095 | Total |
| Program Services | 116140 | ProgramServices |
| Management And General | 11025 | ManagementAndGeneral |
| Fundraising | 1930 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6742 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 6742 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Curriculum & classroom | 69107 | 69107 | 0 | 0 |
| Recruiting | 5899 | 590 | 5309 | 0 |
| Co-curricular programs | 32694 | 32694 | 0 | 0 |
| Community building | 4207 | 4207 | 0 | 0 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 22422 | Total |
| Program Services | 8932 | ProgramServices |
| Management And General | 13490 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2467928 | Total |
| Program Services | 1973216 | ProgramServices |
| Management And General | 375747 | ManagementAndGeneral |
| Fundraising | 118965 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 739272 | BOY |
| EOY | 610346 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15008 | BOY |
| EOY | 17635 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21000 | BOY |
| EOY | 9661 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 981 | BOY |
| EOY | 8852 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 1162226 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 309915 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 861719 | BOY |
| EOY | 852311 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1637980 | BOY |
| EOY | 1498805 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5062 | BOY |
| EOY | 9357 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 552909 | BOY |
| EOY | 595416 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 70000 | BOY |
| EOY | 70000 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 371683 | BOY |
| EOY | 273828 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 999654 | BOY |
| EOY | 948601 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Do Not Follow SFAS117 | X | DoNotFollowSFAS117 |
Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 638326 | BOY |
| EOY | 550204 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 638326 | BOY |
| EOY | 550204 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1637980 | BOY |
| EOY | 1498805 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | -88122 | ReconcilationRevenueExpenses |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | false | FSAudited |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
| Public Support Total170 | 0 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Pertcentage170 | 0 | PublicSupportPertcentage170 |
| Public Support Total509 | 0 | PublicSupportTotal509 |
| Public Support Percentage509 | 0 | PublicSupportPercentage509 |
| Investment Income Percentage | 0 | InvestmentIncomePercentage |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 169877 | OtherCostOrOtherBasis |
| Book Value | 169877 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 805555 | OtherCostOrOtherBasis |
| Depreciation | 244256 | Depreciation |
| Book Value | 561299 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 78464 | OtherCostOrOtherBasis |
| Depreciation | 27300 | Depreciation |
| Book Value | 51164 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 108330 | OtherCostOrOtherBasis |
| Depreciation | 38359 | Depreciation |
| Book Value | 69971 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 852311 | TotalOfBookValueLandBuildings |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | true | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | true | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | true | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | true | MaintRacialCompositionRecords |
| Maint Scholarships Records | true | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | true | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | true | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | false | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | false | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | false | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | false | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | false | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | false | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActy |
| Government Financial Aid Received | false | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | false | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Line 3 | Identifier |
| Explanation | NOTIFICATION HAS BEEN MADE THROUGH PRINT MEDIA. | Explanation |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Golf Scramble | NameOfEvent1 |
| Gross Receipts Event1 | 18355 | GrossReceiptsEvent1 |
| Gross Revenue Event1 | 18355 | GrossRevenueEvent1 |
| Non Cash Prizes Event1 | 3865 | NonCashPrizesEvent1 |
| Rent Facility Costs Event1 | 5858 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 59 | FoodAndBeverageEvent1 |
| Other Direct Expenses Event1 | 605 | OtherDirectExpensesEvent1 |
| Gross Receipts Total | 18355 | GrossReceiptsTotal |
| Gross Revenue Total Events | 18355 | GrossRevenueTotalEvents |
| Non Cash Prizes Total Events | 3865 | NonCashPrizesTotalEvents |
| Rent Facility Costs Total Events | 5858 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 59 | FoodAndBeverageTotalEvents |
| Other Direct Expenses Total Events | 605 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 10387 | DirectExpenseSummaryEvents |
| Net Income Summary | 7968 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | Tuition reduction/financial aid | TypeOfGrant |
| Number Of Recipients | 54 | NumberOfRecipients |
| Amount Of Non Cash Assistance | 266047 | AmountOfNonCashAssistance |
| Method Of Valuation | See below | MethodOfValuation |
| Description Of Non Cash Assistance | See below | DescriptionOfNonCashAssistance |
Form990 Schedule I Part IV Form990ScheduleIPartIV (11 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Pt I Line 2 | Our philosophy of cost-based tuition and need-based tuition assistance |
| Pt I Line 2 | seeks to balance sound stewardship with compassionate support to families that need help |
| Pt I Line 2 | to attend Veritas. Resources are provided to families with a proven need for |
| Pt I Line 2 | assistance based on an evaluation by Family Financial Needs Assistance (FFNA), |
| Pt I Line 2 | an independent organization . All families who apply for tuition assistance |
| Pt I, Line 2 | 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, (e) | Method of valuation - Reduction from published tuition charges. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Written Employment Contract | X | WrittenEmploymentContract |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | W KEITH NIX | NamePerson |
| Base Compensation Filing Org | 132971 | BaseCompensationFilingOrg |
| Nontaxable Benefits Filing Org | 33600 | NontaxableBenefitsFilingOrg |
| Total Compensation Filing Org | 166571 | TotalCompensationFilingOrg |
Schedule L IRS990ScheduleL
Loan Table LoanTable (2 entries)
| Purpose Of LoanPurposeOfLoan | Loan From OrganizationLoanFromOrganization | Original PrincipalOriginalPrincipalAmount | Balance DueBalanceDue | DefaultDefault | Approved By BoardApprovedByBoard | Written AgreementWrittenAgreement | Loan To OrganizationLoanToOrganization |
|---|---|---|---|---|---|---|---|
| WKEITH NIX | |||||||
| Relocation expenses | X | $21,000 | 9661 | false | true | true | |
| DEREK LEWIS | |||||||
| Purchase new modular classroom | $70,000 | 70000 | false | true | true | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 79661 | TotalBalanceDue |
Form990 Schedule L Part III Form990ScheduleLPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Interested Person | W KEITH NIX | NameOfInterestedPerson |
| Relationship With Organization | Head of School | RelationshipWithOrganization |
| Amount Of Grant | 17600 | AmountOfGrant |
| Type Of Assistance | Tuition reduction | TypeOfAssistance |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (51 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Pt VI, Line 8b | Board Committees are formed to make recommendations to |
| the Board, but are not authorized to act on behalf of | |
| Board. | |
| Pt VI, Line 11a | Veritas Classical Christian School(Veritas) is governed |
| by a Board of Trustees. 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 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 Trustees will electronically send | |
| comments re 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 Treasuer will make copies of | |
| all communication from the Trustees to send to the Business | |
| Manager. These copies will be retained with Veritas' copy of the Form 990. | |
| Pt VI, 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 | |
| Form 990, Part IX, Line 24f | DUES & SUBSCRIPTIONS 2066. 0. 2066. 0. STATE & LOCAL TAX/FEE 2716. 0. 2716. 0. ACCREDITATION EXPENSES 6029. 6029. 0. 0. TELEPHONE 11611. 2903. 8708. 0. |
| annually to all trustees, employees, and volunteers who | |
| authorized expenditures, or are involved with school | |
| budget. Trustees, employees and key volunteers must | |
| complete a Conflict of Interest Disclosure form on an | |
| annual basis. | |
| Pt VI, Line 15 | Compensation of the Head of School and any future employee who |
| reports to the Board of Trustees, 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 Trustees. Executive | |
| compensation will be paid according to a written contract. All | |
| reimbursements or allowed expenses incurred by any executive | |
| or Trustee will be paid upon compliance with Veritas' stated | |
| reimbursement policy, which includes the requirement of | |
| supporting documentation prior to reimbursement. | |
| Pt VI, Line 19 | 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 990 | |
| available to the public upon written request. |
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