VERITAS CLASSICAL CHRISTIAN SCHOOL: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- VERITAS CLASSICAL CHRISTIAN SCHOOL (EIN 55-0770184)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2012-05-15
- IRS object ID
- 201241369349302859
- Schema version
- 2010v3.2
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-05-15T08:42:21-07:00 | Timestamp |
| Tax Period End Date | 2011-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VANHUSS & 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 | 2010-07-01 | 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 | 2012-05-15 | DateSigned |
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 | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | 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 | 2185470 | 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 | 59 | TotalNbrEmployees |
| Total Nbr Volunteers | 210 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 299335 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 183055 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 1526253 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 1989210 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1670 | InvestmentIncomePriorYear |
| Investment Income Current Year | 3691 | InvestmentIncomeCurrentYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 1827258 | TotalRevenuePriorYear |
| Total Revenue Current Year | 2175956 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 162895 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 284345 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 1138751 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 1501905 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 100877 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 482852 | OtherExpensePriorYear |
| Other Expenses Current Year | 492821 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 1784498 | TotalExpensesPriorYear |
| Total Expenses Current Year | 2279071 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 42760 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -103115 | RevenuesLessExpensesCY |
| Total Assets BOY | 1332123 | TotalAssetsBOY |
| Total Assets EOY | 1637980 | TotalAssetsEOY |
| Total Liabilities BOY | 590682 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 999654 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 741441 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 638326 | NetAssetsOrFundBalancesEOY |
| Mission Description | To provide Christ-centered, | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 1815209 | Expense |
| Grants | 284345 | Grants |
| Revenue | 1988951 | Revenue |
| Description | PROVIDE CLASSICAL AND CHRISTIAN EDUCATION TO 241 STUDENT GRADES K-12. EMPLOYED 59 TEACHERS, UPPER AND LOWER SCHOOL PRINCIPALS, BUSINESS MANAGER, OFFICE MANAGERS, AND DIRECTORS OF ADMISSIONS AND DEVELOPMENT. | Description |
| Total Program Service Expense | 1815209 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| 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 | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | false | 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 | 6 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 59 | 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 | true | 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 | ANNA CATHERINE LAKE | 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 |
|---|---|---|---|---|---|---|
| ELIZABETH BUTLER | ||||||
| Vice Chairman | 3.00 | X | X | 0 | 0 | 0 |
| ROBERT FITCH | ||||||
| Board Member | 1.00 | X | 0 | 0 | 0 | |
| DAVID KOZLOWSKI | ||||||
| Board Member | 1.00 | X | 0 | 0 | 0 | |
| DEREK LEWIS | ||||||
| Chairman | 3.00 | X | X | 0 | 0 | 0 |
| MARK LUDOVICO | ||||||
| Board Member | 1.00 | X | 0 | 0 | 0 | |
| DENISE MADDOX | ||||||
| Board Member | 1.00 | X | 0 | 0 | 0 | |
| GARY RUZICH | ||||||
| Secretary | 3.00 | X | X | 0 | 0 | 0 |
| STERLING SWEENEY | ||||||
| Board Member | 1.00 | X | 0 | 0 | 0 | |
| JONATHAN WHITAKER | ||||||
| Treasurer | 3.00 | X | X | 0 | 0 | 0 |
| W KEITH NIX | ||||||
| Head of School | 50.00 | X | 72916 | 0 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 72916 | TotalReportableCompFromOrg |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | false | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
| All Other Contributions | 183055 | AllOtherContributions |
| Total Contributions | 183055 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Tuition & fees | Description |
| Business Code | 611110 | BusinessCode |
| Total Revenue Column | 1989210 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 1989210 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3950 | TotalRevenueColumn |
| Exclusion | $3,950 | ExclusionAmount |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 259 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -259 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -259 | TotalRevenueColumn |
| Related Or Exempt Function Income | -259 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 9255 | GrossSalesOfInventory |
| Cost Of Goods Sold | 9255 | CostOfGoodsSold |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2175956 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1988951 | RelatedOrExemptFunctionIncome |
| Exclusion | $3,950 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 284345 | Total |
| Program Services | 284345 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 149334 | Total |
| Program Services | 44800 | ProgramServices |
| Management And General | 59734 | ManagementAndGeneral |
| Fundraising | 44800 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1091168 | Total |
| Program Services | 916942 | ProgramServices |
| Management And General | 127921 | ManagementAndGeneral |
| Fundraising | 46305 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 183154 | Total |
| Program Services | 132153 | ProgramServices |
| Management And General | 48158 | ManagementAndGeneral |
| Fundraising | 2843 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 78249 | Total |
| Program Services | 66728 | ProgramServices |
| Management And General | 8624 | ManagementAndGeneral |
| Fundraising | 2897 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 22500 | Total |
| Program Services | 11250 | ProgramServices |
| Management And General | 10350 | ManagementAndGeneral |
| Fundraising | 900 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5102 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 5102 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 39613 | Total |
| Program Services | 39613 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 37128 | Total |
| Program Services | 5578 | ProgramServices |
| Management And General | 31550 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9876 | Total |
| Program Services | 7901 | ProgramServices |
| Management And General | 1975 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 107591 | Total |
| Program Services | 93947 | ProgramServices |
| Management And General | 12636 | ManagementAndGeneral |
| Fundraising | 1008 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7307 | Total |
| Program Services | 4840 | ProgramServices |
| Management And General | 2248 | ManagementAndGeneral |
| Fundraising | 219 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24060 | Total |
| Program Services | 17153 | ProgramServices |
| Management And General | 6907 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13036 | Total |
| Program Services | 12058 | ProgramServices |
| Management And General | 978 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 80962 | Total |
| Program Services | 71420 | ProgramServices |
| Management And General | 7637 | ManagementAndGeneral |
| Fundraising | 1905 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12905 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 12905 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Curriculum & classroom | 75459 | 75459 | 0 | 0 |
| Recruiting | 23764 | 2376 | 21388 | 0 |
| Co-curricular programs | 22023 | 22023 | 0 | 0 |
| Community building | 6623 | 6623 | 0 | 0 |
| State & local tax/fee | 2539 | 0 | 2539 | 0 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2333 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 2333 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2279071 | Total |
| Program Services | 1815209 | ProgramServices |
| Management And General | 362985 | ManagementAndGeneral |
| Fundraising | 100877 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 692564 | BOY |
| EOY | 739272 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 15008 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 21000 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3753 | BOY |
| EOY | 981 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 1042540 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 180821 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 635806 | BOY |
| EOY | 861719 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1332123 | BOY |
| EOY | 1637980 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6970 | BOY |
| EOY | 5062 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 418388 | BOY |
| EOY | 552909 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 70000 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 165324 | BOY |
| EOY | 371683 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 590682 | BOY |
| EOY | 999654 | 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 | 741441 | BOY |
| EOY | 638326 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 741441 | BOY |
| EOY | 638326 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1332123 | BOY |
| EOY | 1637980 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | -103115 | 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 | 736749 | OtherCostOrOtherBasis |
| Depreciation | 141903 | Depreciation |
| Book Value | 594846 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 44473 | OtherCostOrOtherBasis |
| Depreciation | 11998 | Depreciation |
| Book Value | 32475 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 91441 | OtherCostOrOtherBasis |
| Depreciation | 26920 | Depreciation |
| Book Value | 64521 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 861719 | 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 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 | 82 | NumberOfRecipients |
| Amount Of Non Cash Assistance | 284345 | 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 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 | 21000 | 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 | 91000 | TotalBalanceDue |
Form990 Schedule L Part III Form990ScheduleLPartIII (2 entries)
| Name Of Interested PersonNameOfInterestedPerson | Relationship With OrganizationRelationshipWithOrganization | Amount Of GrantAmountOfGrant | Type Of AssistanceTypeOfAssistance |
|---|---|---|---|
| WKEITH NIX | Head of School | 16600 | Tuition reduction |
| GARY RUZICH | Board Secretary | 2724 | Tuition reduction |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (51 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Pt VI-A, Line 8b | Board Committees are formed to make recommendations to |
| the Board, but are not authorized to act on behalf of | |
| Board. | |
| Pt VI-B, 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-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 | |
| Form 990, Part IX, Line 24f | ALL OTHER EXPENSES 2333. 0. 2333. 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-B, 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-C, 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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