VERITAS CLASSICAL CHRISTIAN SCHOOL: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- VERITAS CLASSICAL CHRISTIAN SCHOOL (EIN 55-0770184)
- Tax period
- 2009-07-01 to 2010-06-30
- Filed
- 2011-05-12
- IRS object ID
- 201111329349304051
- Schema version
- 2009v1.4
- 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 | 2011-05-12T21:31:31-05:00 | Timestamp |
| Tax Period End Date | 2010-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NORFLEET MUSSELMAN & COMPANY | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2550 PROFESSIONAL ROAD SUITE 100 | AddressLine1 |
| City | RICHMOND | City |
| State | VA | State |
| ZIP Code | 23235 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-07-01 | 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 | 6627B Jahnke Road | AddressLine1 |
| City | Richmond | City |
| State | VA | State |
| ZIP Code | 232254118 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Gary Ruzich | Name |
| Title | Secretary | Title |
| Phone | 8042729517 | Phone |
| Date Signed | 1920-05-15 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Susan Norfleet | Name |
| Phone | 8043274454 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Gary Ruzich | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6627B Jahnke Road | AddressLine1 |
| City | Richmond | City |
| State | VA | State |
| ZIP Code | 232254118 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 1836533 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| 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 | Provide Christ-centered, academically rigorous classical education. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 9 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 9 | NbrIndependentVotingMembers |
| Total Nbr Employees | 51 | TotalNbrEmployees |
| Total Nbr Volunteers | 180 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 154907 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 299335 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 1369712 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 1526253 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 7596 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1670 | InvestmentIncomeCurrentYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 1532215 | TotalRevenuePriorYear |
| Total Revenue Current Year | 1827258 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 163456 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 162895 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 1175347 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 1138751 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 34003 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 320244 | OtherExpensePriorYear |
| Other Expenses Current Year | 482852 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 1659047 | TotalExpensesPriorYear |
| Total Expenses Current Year | 1784498 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -126832 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 42760 | RevenuesLessExpensesCY |
| Total Assets BOY | 938821 | TotalAssetsBOY |
| Total Assets EOY | 1332123 | TotalAssetsEOY |
| Total Liabilities BOY | 240140 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 590682 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 698681 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 741441 | NetAssetsOrFundBalancesEOY |
| Mission Description | To glorify God by cultivating students of wisdom and virtue through a Christ-centered, academically rigorous classical education. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 1432779 | Expense |
| Grants | 162895 | Grants |
| Revenue | 1526253 | Revenue |
| Description | Provided classical and Christian education to 216 students grades K - 11. Employed 29 teachers, upper and lower school principals, business manager, office managers, and directors of admissions and development. | Description |
| Total Program Service Expense | 1432779 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | 1 | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 1 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 9 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 51 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Nbr Voting Governing Body Members | 9 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 9 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 1 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 0 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Anna Catherine Lake Business Mgr | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 8042729517 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6627-B Jahnke Road | AddressLine1 |
| City | Richmond | City |
| State | VA | State |
| ZIP Code | 23225 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | X | NoListedPersonsCompensated |
Form990 Part VII Section A Form990PartVIISectionA (11 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 | 3.00 | X | 0 | 0 | 0 | |
| David Kozlowski | ||||||
| Secretary | 3.00 | X | X | 0 | 0 | 0 |
| Derek Lewis | ||||||
| Chairman | 3.00 | X | X | 0 | 0 | 0 |
| Mark Ludovico | ||||||
| board Member | 3.00 | X | 0 | 0 | 0 | |
| Denise Maddox | ||||||
| Board Member | 3.00 | X | 0 | 0 | 0 | |
| Gary Ruzich | ||||||
| Treasurer | 3.00 | X | X | 0 | 0 | 0 |
| Sterling Sweeney | ||||||
| Board Member | 3.00 | X | 0 | 0 | 0 | |
| Jonathan Whitaker | ||||||
| Board Member | 3.00 | X | 0 | 0 | 0 | |
| Charles T Evans | ||||||
| Interim Head of School | 19.00 | X | 0 | 0 | 0 | |
| W Keith Nix | ||||||
| Head of School | 50.00 | X | 0 | 0 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 0 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| All Other Contributions | 299335 | AllOtherContributions |
| Total Contributions | 299335 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Tuition & fees | Description |
| Business Code | 611110 | BusinessCode |
| Total Revenue Column | 1526253 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1526253 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 1526253 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1670 | TotalRevenueColumn |
| Exclusion | $1,670 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 9275 | GrossSalesOfInventory |
| Cost Of Goods Sold | 9275 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1827258 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1526253 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $1,670 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 162895 | Total |
| Program Services | 162895 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10417 | Total |
| Program Services | 4167 | ProgramServices |
| Management And General | 3125 | ManagementAndGeneral |
| Fundraising | 3125 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 963478 | Total |
| Program Services | 811255 | ProgramServices |
| Management And General | 137912 | ManagementAndGeneral |
| Fundraising | 14311 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 90669 | Total |
| Program Services | 62658 | ProgramServices |
| Management And General | 28011 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 74187 | Total |
| Program Services | 61896 | ProgramServices |
| Management And General | 10922 | ManagementAndGeneral |
| Fundraising | 1369 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 102000 | Total |
| Program Services | 51400 | ProgramServices |
| Management And General | 47125 | ManagementAndGeneral |
| Fundraising | 3475 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4532 | Total |
| Management And General | 4532 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 22830 | Total |
| Program Services | 22830 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 35233 | Total |
| Program Services | 15498 | ProgramServices |
| Management And General | 17979 | ManagementAndGeneral |
| Fundraising | 1756 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6859 | Total |
| Program Services | 3714 | ProgramServices |
| Management And General | 929 | ManagementAndGeneral |
| Fundraising | 2216 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 97434 | Total |
| Program Services | 77823 | ProgramServices |
| Management And General | 16403 | ManagementAndGeneral |
| Fundraising | 3208 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 23328 | Total |
| Program Services | 14123 | ProgramServices |
| Management And General | 8630 | ManagementAndGeneral |
| Fundraising | 575 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11404 | Total |
| Program Services | 9965 | ProgramServices |
| Management And General | 1439 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13684 | Total |
| Program Services | 12658 | ProgramServices |
| Management And General | 1026 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 67263 | Total |
| Program Services | 56213 | ProgramServices |
| Management And General | 8755 | ManagementAndGeneral |
| Fundraising | 2295 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13082 | Total |
| Management And General | 13082 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Curriculum & Classroom | 43025 | 43025 | ||
| Recruiting | 15421 | 1235 | 14186 | |
| Co-curricular Programs | 14192 | 14192 | ||
| Community Building | 8905 | 7232 | 1673 | |
| State & Local Taxes/Fee | 2156 | 2156 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1504 | Total |
| Management And General | 1504 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1784498 | Total |
| Program Services | 1432779 | ProgramServices |
| Management And General | 317716 | ManagementAndGeneral |
| Fundraising | 34003 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 246732 | BOY |
| EOY | 692564 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15 | BOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5326 | BOY |
| EOY | 3753 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 735815 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 100009 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 686748 | BOY |
| EOY | 635806 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 938821 | BOY |
| EOY | 1332123 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2055 | BOY |
| EOY | 6970 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 31636 | BOY |
| EOY | 418388 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 206449 | BOY |
| EOY | 165324 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 240140 | BOY |
| EOY | 590682 | 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 | 698681 | BOY |
| EOY | 741441 | EOY |
Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 698681 | BOY |
| EOY | 741441 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 938821 | BOY |
| EOY | 1332123 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 0 | FSAudited |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
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 | 450976 | OtherCostOrOtherBasis |
| Depreciation | 79630 | Depreciation |
| Book Value | 371346 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 24242 | OtherCostOrOtherBasis |
| Depreciation | 4896 | Depreciation |
| Book Value | 19346 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 90720 | OtherCostOrOtherBasis |
| Depreciation | 15483 | Depreciation |
| Book Value | 75237 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 635806 | TotalOfBookValueLandBuildings |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Pub Via Broadcast Media Expln | Notification has been made through print media. | PubViaBroadcastMediaExpln |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 0 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | TUITION REDUCTION/FINANCIAL AID | TypeOfGrant |
| Number Of Recipients | 59 | NumberOfRecipients |
| Amount Of Cash Grant | 0 | AmountOfCashGrant |
| Amount Of Non Cash Assistance | 162895 | AmountOfNonCashAssistance |
| Method Of Valuation | REDUCTION FROM PUBLISHED TUITION CHARGES | MethodOfValuation |
| Description Of Non Cash Assistance | 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 Family Financial Needs Assessment (FFNA), an independent organization that provides a third-party, objective and completely confidential financial needs assessment. 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 financial assistance will be granted. | DescriptionOfNonCashAssistance |
Schedule L IRS990ScheduleL
Form990 Schedule L Part III Form990ScheduleLPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Interested Person | Interested persons | NameOfInterestedPerson |
| Relationship With Organization | Interested Persons | RelationshipWithOrganization |
| Type Of Assistance | tuition reduction assistance based on financial need as described on Sch I Amount $ 3686. | TypeOfAssistance |
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Institute for Classical Schools | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | A Veritas Board Member is Director of Finance & Operations of the Institute | Relationship |
| Amount Of Transaction | 44975 | AmountOfTransaction |
| Description Of Transaction | Veritas contracted with the Institute for Classical Schools to provide a consultant to act as Interim Academic Dean for the 2009-10 School Year. | DescriptionOfTransaction |
| Sharing Of Revenues | 0 | SharingOfRevenues |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Form 990, Part VI, Section A, line 3 | For the 2009-10 school year, a consultant served as interim head of school due to vacancy in this key position. The consultant was directly supervised by the Board of Trustees. The consultant provided leadership regarding daily operations and strategic planning. |
| Form 990, Part VI, Section A, line 8b | Board committees are formed to make recommendations to the Board, but are not authorized to act on behalf of the Board. |
| Form 990, Part VI, Section B, line 11 | 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 Internal Revenue Service. 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 any comments re: Form 990 or a simple statement of approval to the Board Treasurer. If a Board member does not have access to electronic mail, he can give verbal comments or a statement of approval to the Treasurer. The Treasurer is responsible for documenting the date of the verbal communication. The Treasurer 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. |
| 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 Trustees, employees, and volunteers who authorize expenditures, or are involved with the school budget. Trustees, employees and key volunteers must complete a Conflict of Interest Disclosure Form on an annual basis. |
| Form 990, Part VI, Section 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. |
| Form 990, Part VI, Section 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. It is to be noted that Form 990 Schedule B, Schedule of Contributors will not be disclosed, in order to protect donor's privacy. |
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