VERITAS CHRISTIAN ACADEMY INC: Form 990, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- VERITAS CHRISTIAN ACADEMY INC (EIN 56-2089482)
- Tax period
- 2017-07-01 to 2018-06-30
- Filed
- 2019-05-15
- IRS object ID
- 201901359349304220
- Schema version
- 2017v2.2
- 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 M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-05-15T08:41:49-07:00 | ReturnTs |
| Tax Period End | 2018-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CORLISS & SOLOMON PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 242 CHARLOTTE ST SUITE 1 | AddressLine1Txt |
| City | ASHEVILLE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 288011434 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2017-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 562089482 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Veritas Christian Academy Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | VERI | BusinessNameControlTxt |
| Phone | 8286810546 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 17 Cane Creek Road | AddressLine1Txt |
| City | Fletcher | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28732 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ROBERT M WOODS | PersonNm |
| Person Title | HEADMASTER | PersonTitleTxt |
| Phone | 8286810546 | PhoneNum |
| Signature | 2019-05-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | STEPHEN C CORLISS | PreparerPersonNm |
| PTIN | P01333317 | PTIN |
| Phone | 8282360206 | PhoneNum |
| Preparation | 2019-05-15 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 68.115.150.214 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-05-15 | IPDt |
| IP Tm | 08:41:44 | IPTm |
| IP Timezone | PD | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 0BFC3EE35A6208CBC834EBD306534E8485D13C68 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 19C04C626763188D0587BF44A8570314E89B73C0 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ROBERT M WOODS | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 17 Cane Creek Road | AddressLine1Txt |
| City | Fletcher | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28732 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $3,551,212 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | veritasnc.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1998 | FormationYr |
| Legal Domicile State | NC | LegalDomicileStateCd |
| Activity Or Mission | INTELLIGENT FAITH: EQUIPPING MINDS AND ENGAGING HEARTS FOR GOD'S KINGDOM PURPOSES. PLEASE SEE OUR WEBSITE FOR OUR PHILOSOPHY AND ADDITIONAL INFORMATION. | ActivityOrMissionDesc |
| Voting Members Governing Body | 5 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 5 | VotingMembersIndependentCnt |
| Total Employee | 103 | TotalEmployeeCnt |
| Total Volunteers | 240 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $138,096 | PYContributionsGrantsAmt |
| CY Contributions Grants | $179,976 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $3,106,305 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $3,302,112 | CYProgramServiceRevenueAmt |
| CY Investment Income | $105 | CYInvestmentIncomeAmt |
| PY Other Revenue | $16,090 | PYOtherRevenueAmt |
| CY Other Revenue | $49,238 | CYOtherRevenueAmt |
| PY Total Revenue | $3,260,491 | PYTotalRevenueAmt |
| CY Total Revenue | $3,531,431 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $104,037 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $160,700 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,395,908 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $2,255,570 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $96,065 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $872,774 | PYOtherExpensesAmt |
| CY Other Expenses | $937,113 | CYOtherExpensesAmt |
| PY Total Expenses | $3,372,719 | PYTotalExpensesAmt |
| CY Total Expenses | $3,353,383 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$112,228 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $178,048 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $2,940,710 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,990,650 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,269,467 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,142,448 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,671,243 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $1,848,202 | NetAssetsOrFundBalancesEOYAmt |
| Mission | Intelligent Faith: | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $2,959,620 | ExpenseAmt |
| Grant | $160,700 | GrantAmt |
| Revenue | $3,302,112 | RevenueAmt |
| Desc | DURING THE 2017-18 YEAR, THE SCHOOL WAS ATTENDED BY 333 STUDENTS: PRE-KINDERGARTEN THROUGH FIFTH GRADE: 189 SIXTH GRADE THROUGH EIGHTH GRADE: 68 NINTH GRADE THROUGH TWELFTH GRADE: 76 | Desc |
| Total Program Service Expenses | $2,959,620 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 3 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 103 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| DAF Excess Business Holdings | false | DAFExcessBusinessHoldingsInd |
| Taxable Distributions | false | TaxableDistributionsInd |
| Distribution To Donor | false | DistributionToDonorInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 5 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 5 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JULIA GOLDSMITH | PersonNm |
| Phone | 8286810546 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 17 Cane Creek Road | AddressLine1Txt |
| City | Fletcher | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28732 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (6 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| DR GARY PRECHTER | ||||||
| Chair | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| MARK MUIR | ||||||
| Treasurer | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| JON VANNICE | ||||||
| Secretary | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| DR CHRIS MEYER | ||||||
| Board Member | 2.00 | Yes (X) | $0 | $0 | $0 | |
| MONIQUE WACK | ||||||
| Board Member | 2.00 | Yes (X) | $0 | $0 | $0 | |
| DR ROBERT WOODS | ||||||
| Head of School | 40.00 | Yes (X) | $19,583 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $19,583 | TotalReportableCompFromOrgAmt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| Fundraising | $45,960 | FundraisingAmt |
| All Other Contributions | $134,016 | AllOtherContributionsAmt |
| Noncash Contributions | $61,887 | NoncashContributionsAmt |
| Total Contributions | $179,976 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt |
|---|---|---|
| Tuition | 611600 | $3,142,471 |
| Activity Fees | 611710 | $104,652 |
| Athletic Dept Income | 611710 | $21,827 |
| Class Trip Income | 611710 | $27,965 |
| Parent-Teacher Fellowship Income | 611710 | $5,197 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $3,302,112 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $105 | TotalRevenueColumnAmt |
| Exclusion | $105 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $67,894 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $45,960 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $19,781 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $48,113 | TotalRevenueColumnAmt |
| Exclusion | $48,113 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Miscellaneous | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $1,125 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,125 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,125 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,531,431 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $3,303,237 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $48,218 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $160,700 | TotalAmt |
| Program Services | $160,700 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $66,583 | TotalAmt |
| Program Services | $26,633 | ProgramServicesAmt |
| Management And General | $36,621 | ManagementAndGeneralAmt |
| Fundraising | $3,329 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,953,969 | TotalAmt |
| Program Services | $1,785,962 | ProgramServicesAmt |
| Management And General | $113,007 | ManagementAndGeneralAmt |
| Fundraising | $55,000 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $79,849 | TotalAmt |
| Program Services | $71,631 | ProgramServicesAmt |
| Management And General | $5,913 | ManagementAndGeneralAmt |
| Fundraising | $2,305 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $155,169 | TotalAmt |
| Program Services | $139,199 | ProgramServicesAmt |
| Management And General | $11,491 | ManagementAndGeneralAmt |
| Fundraising | $4,479 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,403 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $1,403 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,200 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $2,200 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $59,620 | TotalAmt |
| Program Services | $57,238 | ProgramServicesAmt |
| Management And General | $2,382 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,831 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $36,831 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $40,320 | TotalAmt |
| Program Services | $35,736 | ProgramServicesAmt |
| Management And General | $3,102 | ManagementAndGeneralAmt |
| Fundraising | $1,482 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,109 | TotalAmt |
| Program Services | $10,233 | ProgramServicesAmt |
| Management And General | $630 | ManagementAndGeneralAmt |
| Fundraising | $246 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $271,368 | TotalAmt |
| Program Services | $196,145 | ProgramServicesAmt |
| Management And General | $71,081 | ManagementAndGeneralAmt |
| Fundraising | $4,142 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,989 | TotalAmt |
| Program Services | $7,989 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $102,388 | TotalAmt |
| Program Services | $91,850 | ProgramServicesAmt |
| Management And General | $7,582 | ManagementAndGeneralAmt |
| Fundraising | $2,956 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $51,844 | TotalAmt |
| Program Services | $46,508 | ProgramServicesAmt |
| Management And General | $3,840 | ManagementAndGeneralAmt |
| Fundraising | $1,496 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Class & Field Trip Expense | $63,273 | $63,273 | $0 | $0 |
| Instructional Materials | $87,824 | $87,824 | $0 | $0 |
| Electives and Clubs | $23,328 | $23,328 | $0 | $0 |
| Athletic Department | $48,066 | $48,066 | $0 | $0 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $129,550 | TotalAmt |
| Program Services | $107,305 | ProgramServicesAmt |
| Management And General | $1,615 | ManagementAndGeneralAmt |
| Fundraising | $20,630 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,353,383 | TotalAmt |
| Program Services | $2,959,620 | ProgramServicesAmt |
| Management And General | $297,698 | ManagementAndGeneralAmt |
| Fundraising | $96,065 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $95,499 | BOYAmt |
| EOY | $69,767 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $45,097 | BOYAmt |
| EOY | $279,725 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $54,845 | BOYAmt |
| EOY | $40,343 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $62,204 | BOYAmt |
| EOY | $3,800 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $4,300,050 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,703,035 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,683,065 | BOYAmt |
| EOY | $2,597,015 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,940,710 | BOYAmt |
| EOY | $2,990,650 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $217,782 | BOYAmt |
| EOY | $173,353 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $55,762 | BOYAmt |
| EOY | $33,007 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $995,923 | BOYAmt |
| EOY | $936,088 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,269,467 | BOYAmt |
| EOY | $1,142,448 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,623,639 | BOYAmt |
| EOY | $1,718,951 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $47,604 | BOYAmt |
| EOY | $129,251 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,671,243 | BOYAmt |
| EOY | $1,848,202 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,940,710 | BOYAmt |
| EOY | $2,990,650 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $178,048 | ReconcilationRevenueExpnssAmt |
| Prior Period Adjustments | -$1,089 | PriorPeriodAdjustmentsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | false | FSAuditedInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
| Public Support Total170 | $0 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY170 | 0 | PublicSupportCY170Pct |
| Public Support Total509 | $0 | PublicSupportTotal509Amt |
| Public Support CY509 | 0 | PublicSupportCY509Pct |
| Investment Income CY | 0 | InvestmentIncomeCYPct |
Schedule B IRS990ScheduleB
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,128,803 | OtherCostOrOtherBasisAmt |
| Book Value | $1,128,803 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,939,742 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,271,823 | DepreciationAmt |
| Book Value | $667,919 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $219,798 | OtherCostOrOtherBasisAmt |
| Depreciation | $196,771 | DepreciationAmt |
| Book Value | $23,027 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,011,707 | OtherCostOrOtherBasisAmt |
| Depreciation | $234,441 | DepreciationAmt |
| Book Value | $777,266 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $2,597,015 | TotalBookValueLandBuildingsAmt |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | false | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Line 3 | FormAndLineReferenceDesc |
| Explanation | ADVERTISING, PUBLISHED MATERIAL AND WEBSITE INCLUDE NONDISCRIMINATORY CLAUSE. ADVERTISING, PUBLISHED MATERIAL AND WEBSITE INCLUDE NONDISCRIMINATORY CLAUSE. | ExplanationTxt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Gala | Event1Nm |
| Gross Receipts Event1 | $113,854 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $45,960 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $67,894 | GrossRevenueEvent1Amt |
| Food And Beverage Event1 | $4,490 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $15,291 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $113,854 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $45,960 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $67,894 | GrossRevenueTotalEventsAmt |
| Food And Beverage Total Events | $4,490 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $15,291 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $19,781 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $48,113 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | Scholarships | GrantTypeTxt |
| Recipient | 20 | RecipientCnt |
| Cash Grant | $160,700 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Pt I Line 2 | FormAndLineReferenceDesc |
| Explanation | Veritas Christian Academy offers scholarship opportunities to students based on financial need and/or merit. Recipients are selected by a committee of the Board of Trustees. The school also has donor specific scholarships for which the donor has established criteria. All scholarships are awarded on a non-discriminatory basis. | ExplanationTxt |
Schedule M IRS990ScheduleM
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | Auction Sales | Desc |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $61,887 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Market Value | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (19 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Pt VI, Line 11b | The 990 is prepared by independent accountants, reviewed by management, presented to the Board for review, and approval or final revision. |
| Pt VI, Line 12c | Enforced as necessary. Any Board Member with a conflict of interest on any specific issue informs the Board and abstains from voting on the issue. |
| Pt VI, Line 15a | In the annual budgeting process, the Board approves a budget line for aggregate salary expense. The Board of Directors sets the Head of the School's salary after a performance review. |
| Pt VI, Line 18 | Forms 1023 & 990 are available upon request. |
| Pt VI, Line 19 | Upon request. |
| Form 990EZ, Part II, Line 26 | Accounts Payable & Accrued Expenses |
| Form 990EZ, Part II, Line 26 | Deferred Revenue |
| Form 990EZ, Part II, Line 26 | Bonds, Mortgages & Other Notes |
| Form 990, Part IX, Line 24e | Educational Training 9539. 9539. 0. 0. |
| Form 990, Part IX, Line 24e | Traditions, Awards & Honors 10303. 10108. 140. 55. |
| Form 990, Part IX, Line 24e | Dues & Subscriptions 10212. 9191. 1021. 0. |
| Form 990, Part IX, Line 24e | After-Care Program 15794. 15794. 0. 0. |
| Form 990, Part IX, Line 24e | Development/Fundraising 20380. 0. 0. 20380. |
| Form 990, Part IX, Line 24e | Upper School Expense 10503. 10503. 0. 0. |
| Form 990, Part IX, Line 24e | School Within A School Expenses 17182. 17182. 0. 0. |
| Form 990, Part IX, Line 24e | Year Book Expense 17046. 17046. 0. 0. |
| Form 990, Part IX, Line 24e | Faculty Expense 4935. 4935. 0. 0. |
| Form 990, Part IX, Line 24e | Other Expenses 6488. 5839. 454. 195. |
| Form 990, Part IX, Line 24e | Professional Development 7168. 7168. 0. 0. |