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Nonprofiteer
← VERATHON ACADEMY INC

Form 990 for tax year 2025

Filed by VERATHON ACADEMY INC.

Totals

Total revenue
$10,932
Total expenses
$39,814
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$10,932
Investment income
$0
Other revenue
$0
Total assets, end of year
$43,587
Total liabilities, end of year
$363
Net assets or fund balances, end of year
$43,224
Program services expenses (Part IX)
$18,551
Management and general expenses
$21,263
Fundraising expenses
$0
Program service expenses (Part III)
$18,551

Program services were 46.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: EDUCATION

    total $10,932 · related or exempt $10,932

Functional expenses

Part IX, the statement of functional expenses.

  • 11g · Fees: other

    total $32,340 · program services $18,000 · management and general $14,340

  • 12 · Advertising and promotion

    total $24 · program services $24

  • 16 · Occupancy

    total $3,750 · management and general $3,750

  • 17 · Travel

    total $4 · program services $4

  • 23 · Insurance

    total $1,182 · management and general $1,182

  • 24a · Other expenses: LICENSES

    total $1,023 · management and general $1,023

  • 24b · Other expenses: BANK FEES

    total $539 · management and general $539

  • 24c · Other expenses: SUPPLIES & MATERIALS

    total $523 · program services $523

  • 24d · Other expenses: STRIPE FEES

    total $319 · management and general $319

  • 24e · All other expenses

    total $110 · management and general $110

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $72,819 · end of year $43,587

  • 17 · Accounts payable and accrued expenses

    beginning of year $713 · end of year $363

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $72,106 · end of year $43,224

Mission and programs · 2025

Mission

VERATHON ACADEMY IS A PLATFORM FOR PROFESSIONAL POD/MICRO "SCHOOLS". OUR GOAL IS TO ENABLE PERSONALIZED PRIVATE EDUCATION, EVERYWHERE. VERATHON ACADEMY COMBINES THE TRANSPARENCY, PERSONALIZATION, FLEXIBILITY, AND RELATIONAL TRUST OF THE BEST HOMESCHOOLING COOPERATIVES WITH THE IN-PERSON PROFESSIONAL TEACHING, ACADEMIC RIGOR, EXPERT NETWORK ACCESS, ADMINISTRATIVE OVERSIGHT, AND OVERALL CULTURE MAKING OF EXCEPTIONAL PRIVATE CHRISTIAN SCHOOLING.

Activities or mission (Part I)

VERATHON ACADEMY CULTIVATES COMMUNITIES OF STUDENTS WHO VIGOROUSLY ENGAGE THE ENTIRETY OF THEIR INTELLECT, PASSIONS, AND CAPACITIES TO LOVE GOD, IMITATE HIS FULLNESS IN JESUS, AND WORK BY HIS SPIRIT TO ALIGN THEIR WORLD WITH HIS DESIGN.

  • VERATHON ACADEMY IS A PLATFORM FOR PROFESSIONAL POD/MICRO "SCHOOLS". OUR GOAL IS TO ENABLE PERSONALIZED PRIVATE EDUCATION, EVERYWHERE. VERATHON ACADEMY COMBINES THE TRANSPARENCY, PERSONALIZATION, FLEXIBILITY, AND RELATIONAL TRUST OF THE BEST HOMESCHOOLING COOPERATIVES WITH THE IN-PERSON PROFESSIONAL TEACHING, ACADEMIC RIGOR, EXPERT NETWORK ACCESS, ADMINISTRATIVE OVERSIGHT, AND OVERALL CULTURE MAKING OF EXCEPTIONAL PRIVATE CHRISTIAN SCHOOLING.

    Expenses $18,551 · Revenue $10,932

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • James Bisenius

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Richard Okello

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Bryan Pereboom

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Keith Nix

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2025
Filed
11 May 2026
IRS schema version
2025v4.1
Source object
202611439349300201

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