2011-05-12T21:31:31-05:00 2010-06-30 NORFLEET MUSSELMAN & COMPANY 2550 PROFESSIONAL ROAD SUITE 100 RICHMOND VA 23235 990 2009-07-01 550770184 Veritas Classical Christian School VERI 8042729517 6627B Jahnke Road Richmond VA 232254118 Gary Ruzich 8042729517 1920-05-15 1 Susan Norfleet 8043274454 2009 2016-02-24 21:20:13Z Gary Ruzich 6627B Jahnke Road Richmond VA 232254118 1836533 0 X www.veritasschool.com X 2000 VA Provide Christ-centered, academically rigorous classical education. 9 9 51 180 0 0 154907 299335 1369712 1526253 7596 1670 0 1532215 1827258 163456 162895 0 1175347 1138751 0 34003 320244 482852 1659047 1784498 -126832 42760 938821 1332123 240140 590682 698681 741441 To glorify God by cultivating students of wisdom and virtue through a Christ-centered, academically rigorous classical education. 0 0 1432779 162895 1526253 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. 1432779 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 1 9 0 1 51 1 0 0 0 0 0 0 0 0 0 9 9 0 1 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 X Anna Catherine Lake Business Mgr 8042729517 6627-B Jahnke Road Richmond VA 23225 X Elizabeth Butler 3.00 X X 0 0 0 Robert Fitch 3.00 X 0 0 0 David Kozlowski 3.00 X X 0 0 0 Derek Lewis 3.00 X X 0 0 0 Mark Ludovico 3.00 X 0 0 0 Denise Maddox 3.00 X 0 0 0 Gary Ruzich 3.00 X X 0 0 0 Sterling Sweeney 3.00 X 0 0 0 Jonathan Whitaker 3.00 X 0 0 0 Charles T Evans 19.00 X 0 0 0 W Keith Nix 50.00 X 0 0 0 0 0 0 0 0 0 0 0 299335 299335 Tuition & fees 611110 1526253 1526253 1526253 1670 1670 9275 9275 0 1827258 1526253 0 1670 162895 162895 10417 4167 3125 3125 963478 811255 137912 14311 90669 62658 28011 74187 61896 10922 1369 102000 51400 47125 3475 4532 4532 22830 22830 35233 15498 17979 1756 6859 3714 929 2216 97434 77823 16403 3208 23328 14123 8630 575 11404 9965 1439 13684 12658 1026 67263 56213 8755 2295 13082 13082 Curriculum & Classroom 43025 43025 Recruiting 15421 1235 14186 Co-curricular Programs 14192 14192 Community Building 8905 7232 1673 State & Local Taxes/Fee 2156 2156 1504 1504 1784498 1432779 317716 34003 246732 692564 15 5326 3753 735815 100009 686748 635806 938821 1332123 2055 6970 31636 418388 206449 165324 240140 590682 X 698681 741441 0 0 0 0 698681 741441 938821 1332123 X 0 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 169877 169877 450976 79630 371346 24242 4896 19346 90720 15483 75237 635806 1 1 1 Notification has been made through print media. 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 TUITION REDUCTION/FINANCIAL AID 59 0 162895 REDUCTION FROM PUBLISHED TUITION CHARGES 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. Interested persons Interested Persons tuition reduction assistance based on financial need as described on Sch I Amount $ 3686. Institute for Classical Schools A Veritas Board Member is Director of Finance & Operations of the Institute 44975 Veritas contracted with the Institute for Classical Schools to provide a consultant to act as Interim Academic Dean for the 2009-10 School Year. 0 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.