VERITAS CHRISTIAN ACADEMY INC: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: VERITAS CHRISTIAN ACADEMY INC (EIN 56-2089482)
Tax period: 2012-07-01 to 2013-06-30
Filed: 2014-05-14
IRS object ID: 201411349349302461
Schema version: 2012v2.0
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
Form 990
Schedule A
Schedule B
Schedule D
Schedule E
Schedule I
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2014-05-14T07:39:45-07:00	Timestamp
Tax Period End Date	2013-06-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	CORLISS & SOLOMON PLLC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

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	ReturnType
Tax Period Begin Date	2012-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	562089482	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	VERITAS CHRISTIAN ACADEMY INC	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	VERI	NameControl
Phone	8286810546	Phone

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

Officer Officer

Field	Value	IRS element (for citing)
Name	KAY BELKNAP	Name
Title	HEAD OF SCHOOL	Title
Phone	8286810546	Phone
Date Signed	2014-05-13	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	STEPHEN C CORLISS	Name
Phone	8282360206	Phone
Date Prepared	2014-05-14	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2015-11-30 17:44:51Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	KAY BELKNAP	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

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	3113163	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	veritasnc.org	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1998	YearFormation
State Legal Domicile	NC	StateLegalDomicile
Activity Or Mission Description	Intelligent Faith: Equipping minds and engaging hearts for God's Kingdom purposes. Please see our website for our philosophy and additional information.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	5	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	5	NbrIndependentVotingMembers
Total Nbr Employees	97	TotalNbrEmployees
Total Nbr Volunteers	78	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	182007	ContributionsGrantsPriorYear
Contributions Grants Current Year	165756	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	3098633	ProgramServiceRevenuePriorYear
Program Service Revenue CY	2945443	ProgramServiceRevenueCY
Investment Income Prior Year	1316	InvestmentIncomePriorYear
Investment Income Current Year	818	InvestmentIncomeCurrentYear
Other Revenue Prior Year	68953	OtherRevenuePriorYear
Other Revenue Current Year	1146	OtherRevenueCurrentYear
Total Revenue Prior Year	3350909	TotalRevenuePriorYear
Total Revenue Current Year	3113163	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	60553	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	72832	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	2141967	SalariesEtcPriorYear
Salaries Etc Current Year	2052352	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	88044	TotalFundrsngExpCurrentYear
Other Expense Prior Year	1096146	OtherExpensePriorYear
Other Expenses Current Year	1006054	OtherExpensesCurrentYear
Total Expenses Prior Year	3298666	TotalExpensesPriorYear
Total Expenses Current Year	3131238	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	52243	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	-18075	RevenuesLessExpensesCY
Total Assets BOY	3215789	TotalAssetsBOY
Total Assets EOY	3205577	TotalAssetsEOY
Total Liabilities BOY	1544682	TotalLiabilitiesBOY
Total Liabilities EOY	1553328	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	1671107	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	1652249	NetAssetsOrFundBalancesEOY
Mission Description	Intelligent Faith:	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	2790369	Expense
Grants	72832	Grants
Revenue	2945443	Revenue
Description	DURING THE YEAR, THE SCHOOL WAS ATTENDED BY 358 STUDENTS: PRE-KINDERGARTEN THROUGH FIFTH GRADE: 190 SIXTH GRADE THROUGH EIGHTH GRADE: 82 NINTH GRADE THROUGH TWELFTH GRADE: 86	Description
Total Program Service Expense	2790369	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	true	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	false	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	false	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	true	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	true	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transaction Related Entity	false	TransactionRelatedEntity
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	3	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	97	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Quid Pro Quo Contributions	false	QuidProQuoContributions
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Excess Business Holdings	false	ExcessBusinessHoldings
Taxable Distributions	false	TaxableDistributions
Distribution To Donor	false	DistributionToDonor
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	5	NbrVotingGoverningBodyMembers
Number Independent Voting Members	5	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	false	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	KAREN O'CONNER	NamePerson
Telephone Number	8286810546	TelephoneNumber

Address US AddressUS

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 Form990PartVIISectionA (6 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation
DR GARY PRECHTER
Chair	4.00	X	X	0	0	0
MARK MUIR
Treasurer	3.00	X	X	0	0	0
MR JON VANNICE
Secretary	3.00	X	X	0	0	0
BESS REINHARDT
Board Member	3.00	X		0	0	0
MRS ANDREA HUMMERT
Board Member	4.00	X		0	0	0
KAY BELKNAP
Head of School	40.00		X	79475	0	2667

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	79475	TotalReportableCompFromOrg
Total Other Compensation	2667	TotalOtherCompensation
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources
All Other Contributions	165756	AllOtherContributions
Total Contributions	165756	TotalContributions

Program Service Revenue ProgramServiceRevenue (3 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn
Tuition	611600	2788680
Activity & Club Fees	611710	113442
Parent Teacher Fellowship	611710	43321

Field	Value	IRS element (for citing)
Total Program Service Revenue	2945443	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	818	TotalRevenueColumn
Exclusion	$818	ExclusionAmount

Other Revenue Misc OtherRevenueMisc

Field	Value	IRS element (for citing)
Description	Miscellaneous	Description
Business Code	900099	BusinessCode
Total Revenue Column	1146	TotalRevenueColumn
Related Or Exempt Function Income	1146	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Other Revenue	1146	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	3113163	TotalRevenueColumn
Related Or Exempt Function Income	2946589	RelatedOrExemptFunctionIncome
Exclusion	$818	ExclusionAmount

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	72832	Total
Program Services	72832	ProgramServices

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	86194	Total
Program Services	34478	ProgramServices
Management And General	47407	ManagementAndGeneral
Fundraising	4309	Fundraising

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	1747009	Total
Program Services	1619196	ProgramServices
Management And General	99063	ManagementAndGeneral
Fundraising	28750	Fundraising

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	66197	Total
Program Services	59714	ProgramServices
Management And General	5289	ManagementAndGeneral
Fundraising	1194	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	152952	Total
Program Services	137973	ProgramServices
Management And General	12221	ManagementAndGeneral
Fundraising	2758	Fundraising

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	107	Total
Program Services	0	ProgramServices
Management And General	107	ManagementAndGeneral
Fundraising	0	Fundraising

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	6200	Total
Program Services	0	ProgramServices
Management And General	6200	ManagementAndGeneral
Fundraising	0	Fundraising

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	57913	Total
Program Services	54399	ProgramServices
Management And General	3514	ManagementAndGeneral
Fundraising	0	Fundraising

Advertising Advertising

Field	Value	IRS element (for citing)
Total	35630	Total
Program Services	0	ProgramServices
Management And General	35630	ManagementAndGeneral
Fundraising	0	Fundraising

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	67843	Total
Program Services	60598	ProgramServices
Management And General	5187	ManagementAndGeneral
Fundraising	2058	Fundraising

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	6567	Total
Program Services	6010	ProgramServices
Management And General	454	ManagementAndGeneral
Fundraising	103	Fundraising

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	274732	Total
Program Services	250980	ProgramServices
Management And General	22292	ManagementAndGeneral
Fundraising	1460	Fundraising

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	120544	Total
Program Services	108739	ProgramServices
Management And General	9631	ManagementAndGeneral
Fundraising	2174	Fundraising

Insurance Insurance

Field	Value	IRS element (for citing)
Total	41974	Total
Program Services	38091	ProgramServices
Management And General	3167	ManagementAndGeneral
Fundraising	716	Fundraising

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices
Class & Field Trip Expense	77973	77973
Instructional Materials	83751	83751
Electives/Clubs	13630	13630
Athletic Department	58426	58426

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	160764	Total
Program Services	113579	ProgramServices
Management And General	2663	ManagementAndGeneral
Fundraising	44522	Fundraising

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	3131238	Total
Program Services	2790369	ProgramServices
Management And General	252825	ManagementAndGeneral
Fundraising	88044	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	61919	BOY
EOY	190661	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	306418	BOY
EOY	204001	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	55510	BOY
EOY	63851	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	14256	BOY
EOY	7471	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	3823517	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	1083924	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	2777686	BOY
EOY	2739593	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	3215789	BOY
EOY	3205577	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	197804	BOY
EOY	182975	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	178853	BOY
EOY	272400	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	1168025	BOY
EOY	1097953	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	1544682	BOY
EOY	1553328	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	1632474	BOY
EOY	1561555	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	38633	BOY
EOY	90694	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	1671107	BOY
EOY	1652249	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	3215789	BOY
EOY	3205577	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	-18075	ReconcilationRevenueExpenses
Reconcilation Prior Adjustment	-783	ReconcilationPriorAdjustment
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	false	FSAudited
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School170b1 Aii	X	School170b1Aii
Public Support Total170	0	PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

Field	Value	IRS element (for citing)
Total	0	Total

Field	Value	IRS element (for citing)
Public Support Pertcentage170	0	PublicSupportPertcentage170
Public Support Total509	0	PublicSupportTotal509
Public Support Percentage509	0	PublicSupportPercentage509
Investment Income Percentage	0	InvestmentIncomePercentage

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor Address US ContributorAddressUS

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule D IRS990ScheduleD

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	1537018	OtherCostOrOtherBasis
Book Value	1537018	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	2006591	OtherCostOrOtherBasis
Depreciation	886265	Depreciation
Book Value	1120326	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	129983	OtherCostOrOtherBasis
Depreciation	77030	Depreciation
Book Value	52953	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	149925	OtherCostOrOtherBasis
Depreciation	120629	Depreciation
Book Value	29296	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	2739593	TotalOfBookValueLandBuildings

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	true	NondiscriminatoryPolicyStmt
Policy Statement In Brochures Etc	true	PolicyStatementInBrochuresEtc
Policy Publ Via Broadcast Media	true	PolicyPublViaBroadcastMedia
Maint Racial Composition Records	true	MaintRacialCompositionRecords
Maint Scholarships Records	true	MaintScholarshipsRecords
Maint Copies Of Brochures Etc	true	MaintCopiesOfBrochuresEtc
Maint Copies Of All Solicitations	true	MaintCopiesOfAllSolicitations
Discriminate Race Students Rights	false	DiscriminateRaceStudentsRights
Discriminate Race Admiss Policies	false	DiscriminateRaceAdmissPolicies
Discriminate Race Emplmn Faculty	false	DiscriminateRaceEmplmnFaculty
Discriminate Race Scholarships	false	DiscriminateRaceScholarships
Discriminate Race Educ Policies	false	DiscriminateRaceEducPolicies
Discriminate Race Use Of Fclts	false	DiscriminateRaceUseOfFclts
Discriminate Race Athletic Prog	false	DiscriminateRaceAthleticProg
Discriminate Race Other Acty	false	DiscriminateRaceOtherActy
Government Financial Aid Received	false	GovernmentFinancialAidReceived
Government Financial Aid Revoked	false	GovernmentFinancialAidRevoked
Compliance With Rev Proc7550	true	ComplianceWithRevProc7550

Form990 Schedule E Part II Form990ScheduleEPartII

Field	Value	IRS element (for citing)
Identifier	Line 3	Identifier
Explanation	ADVERTISING, PUBLISHED MATERIAL AND WEBSITE INCLUDE NONDISCRIMINATORY CLAUSE.	Explanation

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Records Maintained	true	RecordsMaintained

Form990 Schedule I Part III Form990ScheduleIPartIII

Field	Value	IRS element (for citing)
Type Of Grant	Scholarships	TypeOfGrant
Number Of Recipients	12	NumberOfRecipients
Amount Of Cash Grant	72832	AmountOfCashGrant

Form990 Schedule I Part IV Form990ScheduleIPartIV (5 entries)

IdentifierIdentifier	ExplanationExplanation
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

General Explanation GeneralExplanation (12 entries)

IdentifierIdentifier	ExplanationExplanation
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.
Pt XI	Other changes in fund balances consist of a $782 prior period adjustment.
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 10410. 10410. 0. 0. PARENT-TEACHER FELLOWSHIP 36838. 14735. 0. 22103. OTHER EXTRACURRICULAR 23266. 23266. 0. 0. EDUCATIONAL TRAINING 20120. 20120. 0. 0. TRADITIONS, AWARDS & HONORS 6099. 6099. 0. 0. FUNDRAISING & DEVELOPMENT 22367. 0. 0. 22367. TEACHER SUPPORT 3263. 3263. 0. 0. DUES & SUBSCRIPTIONS 8752. 7877. 875. 0. AFTER-CARE PROGRAM 13079. 13079. 0. 0. OTHER EXPENSES 16570. 14730. 1788. 52.