Form 990 for tax year 2024
Filed by VERITAS CLASSICAL PRIVATE SCHOOL INC.
Totals
- Total revenue
- $3,528,600
- Total expenses
- $3,202,508
- Contributions and grants received
- $486,068
- Grants paid
- $0
- Program service revenue
- $3,027,322
- Investment income
- $3,412
- Other revenue
- $11,798
- Total assets, end of year
- $1,110,367
- Total liabilities, end of year
- $261,843
- Net assets or fund balances, end of year
- $848,524
- Program services expenses (Part IX)
- $2,878,911
- Management and general expenses
- $280,578
- Fundraising expenses
- $43,019
- Program service expenses (Part III)
- $2,878,911
Program services were 89.9% 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.
-
1f · All other contributions, gifts and grants
$486,068
-
1g · Noncash contributions included above
$13,610
-
2a · Program service revenue: Field Trip Income
total $1,172 · related or exempt $1,172
-
2b · Program service revenue: Lunch - My Food Days
total $45,111 · related or exempt $45,111
-
2c · Program service revenue: Other Income
total $14,538 · related or exempt $14,538
-
2d · Program service revenue: Tuition
total $2,966,501 · related or exempt $2,966,501
-
3 · Investment income
total $3,412 · related or exempt $3,412
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$35,502
-
8b · Fundraising events: direct expenses
$23,704
-
8c · Net income from fundraising events
total $11,798
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $144,973 · program services $130,476 · management and general $14,497
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $1,560,165 · program services $1,404,149 · management and general $156,016
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $161,861 · program services $145,675 · management and general $16,186
-
10 · Payroll taxes
total $126,575 · program services $113,918 · management and general $12,657
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $15,124 · program services $13,612 · management and general $1,512
-
13 · Office expenses
total $0
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $573,673 · program services $516,306 · management and general $57,367
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $43,439 · program services $39,095 · management and general $4,344
-
23 · Insurance
total $16,835 · program services $15,152 · management and general $1,683
-
24a · Other expenses: Field Trip Expenses
total $178,342 · program services $178,342
-
24b · Other expenses: Operations
total $89,229 · program services $80,306 · management and general $8,923
-
24c · Other expenses: Lunch Expenses
total $57,929 · program services $57,929
-
24d · Other expenses: Focus Groups
total $57,776 · program services $51,998 · management and general $5,778
-
24e · All other expenses
total $176,587 · program services $131,953 · management and general $1,615 · fundraising $43,019
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $138,736 · end of year $476,557
-
2 · Savings and temporary cash investments
beginning of year $219,927 · end of year $301,779
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$490,667
-
10b · Land, buildings and equipment: accumulated depreciation
$163,614
-
10c · Land, buildings and equipment, net
beginning of year $363,771 · end of year $327,053
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $4,978 · end of year $4,978
-
17 · Accounts payable and accrued expenses
beginning of year $32,502 · end of year $11,652
-
19 · Deferred revenue
beginning of year $103,920 · end of year $181,634
-
24 · Unsecured notes and loans payable
beginning of year $68,558 · end of year $68,557
-
27 · Net assets without donor restrictions
beginning of year $522,432 · end of year $848,524
Mission and programs · 2024
Mission
Veritas Classical School trains students to master a core body of knowledge, reason clearly, and articulate effectively. We embolden young men and women to engage the world with Christ-like embodiments of spiritual fruit. We aim to cultivate students of excellence who evaluate all human knowledge through the lens of Scripture. Our goal is to instill a lifelong passion for learning in our students: capable of discerning truth, appreciating goodness, and recognizing beauty.
-
Veritas Classical School trains students to master a core body of knowledge, reason clearly, and articulate effectively. We embolden young men and women to engage the world with Christ-like embodiments of spiritual fruit. We aim to cultivate students of excellence who evaluate all human knowledge through the lens of Scripture. Our goal is to instill a lifelong passion for learning in our students: capable of discerning truth, appreciating goodness, and recognizing beauty.
Expenses $2,878,911 · Revenue $3,513,390
As filed on the 2024 return.
Listed in Part VII
-
Andrew Smalley
Head of School
- Total calculated
- $144,973
- From this org
- $140,756
- From related orgs
- $0
- Other
- $4,217
- Hours/week
- 40
-
Parker Fretwell
Member
- Total calculated
- $0
- Hours/week
- 10
-
Brad Layland
Member
- Total calculated
- $0
- Hours/week
- 10
-
Matt Baker
President
- Total calculated
- $0
- Hours/week
- 10
-
Chris Carlson
Secretary
- Total calculated
- $0
- Hours/week
- 10
-
Heath Martin
Member
- Total calculated
- $0
- Hours/week
- 10
-
Scott Patrou
Member
- Total calculated
- $0
- Hours/week
- 10
-
Maria Vazquez Roque
Member
- Total calculated
- $0
- Hours/week
- 10
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
- 2024
- Filed
- 31 October 2025
- IRS schema version
- 2024v5.2
- Source object
- 202543049349301904
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