VERITAS CHRISTIAN ACADEMY INC: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- VERITAS CHRISTIAN ACADEMY INC (EIN 56-2089482)
- Tax period
- 2013-07-01 to 2014-06-30
- Filed
- 2015-05-13
- IRS object ID
- 201531339349303668
- Schema version
- 2013v4.0
- 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) |
|---|---|---|
| Return | 2015-05-13T12:10:18-07:00 | ReturnTs |
| Tax Period End | 2014-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CORLISS & SOLOMON PLLC | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 242 CHARLOTTE ST STE 1 | AddressLine1 |
| City | ASHEVILLE | City |
| State | NC | State |
| ZIP Code | 288011434 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-07-01 | 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 | BusinessNameLine1 |
| 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 | AddressLine1 |
| City | Fletcher | City |
| State | NC | State |
| ZIP Code | 28732 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KAY BELKNAP | PersonNm |
| Person Title | HEAD OF SCHOOL | PersonTitleTxt |
| Phone | 8286810546 | PhoneNum |
| Signature | 2015-05-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | STEPHEN C CORLISS | PreparerPersonNm |
| Phone | 8282360206 | PhoneNum |
| Preparation | 2015-05-13 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | KAY BELKNAP | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 17 Cane Creek Road | AddressLine1 |
| City | Fletcher | City |
| State | NC | State |
| ZIP Code | 28732 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $3,568,146 | 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 | 96 | TotalEmployeeCnt |
| Total Volunteers | 412 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $165,756 | PYContributionsGrantsAmt |
| CY Contributions Grants | $385,204 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $2,945,443 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $3,082,983 | CYProgramServiceRevenueAmt |
| PY Investment Income | $818 | PYInvestmentIncomeAmt |
| CY Investment Income | $295 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,146 | PYOtherRevenueAmt |
| CY Other Revenue | $64,650 | CYOtherRevenueAmt |
| PY Total Revenue | $3,113,163 | PYTotalRevenueAmt |
| CY Total Revenue | $3,533,132 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $72,832 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $79,236 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,052,352 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $2,144,143 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $89,595 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,006,054 | PYOtherExpensesAmt |
| CY Other Expenses | $1,047,712 | CYOtherExpensesAmt |
| PY Total Expenses | $3,131,238 | PYTotalExpensesAmt |
| CY Total Expenses | $3,271,091 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$18,075 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $262,041 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $3,205,577 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,274,581 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,553,328 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,360,291 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,652,249 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $1,914,290 | NetAssetsOrFundBalancesEOYAmt |
| Mission | Intelligent Faith: | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $2,925,640 | ExpenseAmt |
| Revenue | $3,082,896 | RevenueAmt |
| Desc | DURING THE YEAR, THE SCHOOL WAS ATTENDED BY 355 STUDENTS: PRE-KINDERGARTEN THROUGH FIFTH GRADE: 190 SIXTH GRADE THROUGH EIGHTH GRADE: 86 NINTH GRADE THROUGH TWELFTH GRADE: 79 | Desc |
| Total Program Service Expenses | $2,925,640 | 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 | false | 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 | 2 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 96 | 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 |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| 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 | KAREN O'CONNER | PersonNm |
| Phone | 8286810546 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 17 Cane Creek Road | AddressLine1 |
| City | Fletcher | City |
| State | NC | State |
| ZIP Code | 28732 | ZIPCode |
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 | 4.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| MARK MUIR | ||||||
| Treasurer | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| MR JON VANNICE | ||||||
| Secretary | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| BESS REINHARDT | ||||||
| Board Member | 3.00 | Yes (X) | $0 | $0 | $0 | |
| MRS ANDREA HUMMERT | ||||||
| Board Member | 4.00 | Yes (X) | $0 | $0 | $0 | |
| KAY BELKNAP | ||||||
| Head of School | 40.00 | Yes (X) | $89,625 | $0 | $3,032 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $89,625 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $3,032 | TotalOtherCompensationAmt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| Fundraising | $36,606 | FundraisingAmt |
| All Other Contributions | $348,598 | AllOtherContributionsAmt |
| Total Contributions | $385,204 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt |
|---|---|---|
| Tuition | 611600 | $2,852,778 |
| Activity & Club Fees | 611710 | $151,798 |
| Parent Teacher Fellowship | 611710 | $60,591 |
| Athletic Event Income | 611710 | $17,816 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $3,082,983 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $295 | TotalRevenueColumnAmt |
| Exclusion | $295 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $89,764 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $20,116 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $35,014 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $54,750 | TotalRevenueColumnAmt |
| Exclusion | $54,750 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Miscellaneous | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $9,900 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $9,900 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $9,900 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,533,132 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $3,092,883 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $55,045 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $79,236 | TotalAmt |
| Program Services | $79,236 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $109,029 | TotalAmt |
| Program Services | $43,612 | ProgramServicesAmt |
| Management And General | $59,966 | ManagementAndGeneralAmt |
| Fundraising | $5,451 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,793,131 | TotalAmt |
| Program Services | $1,655,317 | ProgramServicesAmt |
| Management And General | $97,814 | ManagementAndGeneralAmt |
| Fundraising | $40,000 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $83,941 | TotalAmt |
| Program Services | $76,537 | ProgramServicesAmt |
| Management And General | $5,481 | ManagementAndGeneralAmt |
| Fundraising | $1,923 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $158,042 | TotalAmt |
| Program Services | $141,281 | ProgramServicesAmt |
| Management And General | $12,991 | ManagementAndGeneralAmt |
| Fundraising | $3,770 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,930 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $2,930 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,543 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $3,543 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $56,081 | TotalAmt |
| Program Services | $56,081 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,158 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $24,158 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $97,104 | TotalAmt |
| Program Services | $88,771 | ProgramServicesAmt |
| Management And General | $5,787 | ManagementAndGeneralAmt |
| Fundraising | $2,546 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,798 | TotalAmt |
| Program Services | $7,194 | ProgramServicesAmt |
| Management And General | $467 | ManagementAndGeneralAmt |
| Fundraising | $137 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $267,082 | TotalAmt |
| Program Services | $242,515 | ProgramServicesAmt |
| Management And General | $22,549 | ManagementAndGeneralAmt |
| Fundraising | $2,018 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $126,497 | TotalAmt |
| Program Services | $113,082 | ProgramServicesAmt |
| Management And General | $10,398 | ManagementAndGeneralAmt |
| Fundraising | $3,017 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $43,574 | TotalAmt |
| Program Services | $39,198 | ProgramServicesAmt |
| Management And General | $3,391 | ManagementAndGeneralAmt |
| Fundraising | $985 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Class & Field Trip Expense | $97,861 | $97,861 | $0 | $0 |
| Instructional Materials | $84,516 | $84,516 | $0 | $0 |
| Electives/Clubs | $11,600 | $11,600 | $0 | $0 |
| Athletic Department | $60,771 | $60,771 | $0 | $0 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $164,197 | TotalAmt |
| Program Services | $128,068 | ProgramServicesAmt |
| Management And General | $6,381 | ManagementAndGeneralAmt |
| Fundraising | $29,748 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,271,091 | TotalAmt |
| Program Services | $2,925,640 | ProgramServicesAmt |
| Management And General | $255,856 | ManagementAndGeneralAmt |
| Fundraising | $89,595 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $190,661 | BOYAmt |
| EOY | $94,772 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $204,001 | BOYAmt |
| EOY | $541,457 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $63,851 | BOYAmt |
| EOY | $3,200 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,471 | BOYAmt |
| EOY | $12,457 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $3,833,067 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,210,372 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,739,593 | BOYAmt |
| EOY | $2,622,695 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,205,577 | BOYAmt |
| EOY | $3,274,581 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $182,975 | BOYAmt |
| EOY | $184,667 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $272,400 | BOYAmt |
| EOY | $143,024 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,097,953 | BOYAmt |
| EOY | $1,032,600 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,553,328 | BOYAmt |
| EOY | $1,360,291 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,561,555 | BOYAmt |
| EOY | $1,534,923 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $90,694 | BOYAmt |
| EOY | $379,367 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,652,249 | BOYAmt |
| EOY | $1,914,290 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,205,577 | BOYAmt |
| EOY | $3,274,581 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $262,041 | ReconcilationRevenueExpnssAmt |
| 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
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| 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) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,537,018 | OtherCostOrOtherBasisAmt |
| Book Value | $1,537,018 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,006,591 | OtherCostOrOtherBasisAmt |
| Depreciation | $983,203 | DepreciationAmt |
| Book Value | $1,023,388 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $132,533 | OtherCostOrOtherBasisAmt |
| Depreciation | $92,964 | DepreciationAmt |
| Book Value | $39,569 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $156,925 | OtherCostOrOtherBasisAmt |
| Depreciation | $134,205 | DepreciationAmt |
| Book Value | $22,720 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $2,622,695 | 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. | ExplanationTxt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Gala | NameOfEvent1Amt |
| Gross Receipts Event1 | $109,880 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $20,116 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $89,764 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $7,913 | RentFacilityCostsEvent1Amt |
| Entertainment Event1 | $826 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $19,785 | OtherDirectExpensesEvent1Amt |
| Name Of Event2 | Golf Tournament | NameOfEvent2Amt |
| Gross Receipts Event2 | $16,490 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $16,490 | CharitableContriEvent2Amt |
| Rent Facility Costs Event2 | $2,390 | RentFacilityCostsEvent2Amt |
| Other Direct Expenses Event2 | $4,100 | OtherDirectExpensesEvent2Amt |
| Gross Receipts Total | $126,370 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $36,606 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $89,764 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $10,303 | RentFcltyCostsTotalEventsAmt |
| Entertainment Total Events | $826 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $23,885 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $35,014 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $54,750 | 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 | 29 | RecipientCnt |
| Cash Grant | $79,186 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Pt I Line 2 | Veritas Christian Academy offers scholarship opportunities to students |
| Pt I Line 2 | based on financial need. Recipients are selected by a committee of |
| Pt I Line 2 | the Board of Trustees. The school also has donor specific |
| Pt I Line 2 | scholarships for which the donor has established criteria. All |
| Pt I Line 2 | scholarships are awarded on a non-discriminatory basis. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (11 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Pt VI, Line 11b | The 990 is prepared by independent accountants, reviewed by management, |
| Pt VI, Line 11b | 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 |
| Pt VI, Line 12c | 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 |
| Pt VI, Line 15a | for aggregate salary expense. The Board of Directors sets the Head of |
| Pt VI, Line 15a | 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 DEFERRED REVENUE BONDS, MORTGAGES & OTHER NOTES |
| Form 990, Part IX, Line 24f | UPPER SCHOOL EXPENSE 5076. 5076. 0. 0. PARENT-TEACHER FELLOWSHIP 56862. 39803. 0. 17059. OTHER EXTRACURRICULAR 22322. 22322. 0. 0. EDUCATIONAL TRAINING 19792. 19792. 0. 0. TRADITIONS, AWARDS & HONORS 6399. 6399. 0. 0. TEACHER SUPPORT 3798. 3798. 0. 0. DUES & SUBSCRIPTIONS 13301. 11971. 1330. 0. AFTER-CARE PROGRAM 11970. 11970. 0. 0. OTHER EXPENSES 9924. 6937. 2873. 114. FUNDRAISING & DEVELOPMENT 12575. 0. 0. 12575. BAD DEBT EXPENSE 2178. 0. 2178. 0. |