Veritas Christian School
- Assets
- $2.2m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 31
- Location
- Lawrence, KS
- Founding
- 05/1979
- Data as of
- 06/2020
- EIN
- 48-0876366
Organization Overview
Veritas Christian School is located in Lawrence, KS. The organization was established in 1979. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2020, Veritas Christian School employed 31 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Veritas Christian School is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2020, Veritas Christian School generated $1.1m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $972.6k during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (3.7%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
PRIVATE SCHOOL
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION - THE ORGANIZATION HAS FULL-TIM AND PART-TIME TEACHERS. WAGES AND PAYROLL TAXES ARE PAID ON BEHALF OF THE TEACHERS. THE ORGANIZATION ALSO HAS THE EXPENSES OF SUPPLIES, TEXTBOOKS, UTILITIES, POSTAGE, MAINTENANCE, MILK, INSURANCE, TESTING, PUBLISHING A YEARBOOK, SOCIAL EVENTS FOR STUDENTS, PARENTS, AND TEACHERS, AND MISCELLANEOUS EXPENSES IN ORDER TO EFFECTIVELY AND SAFELY OPERATE THE SCHOOL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carl Huslig President | OfficerTrustee | 10 | $0 |
Nicole Marks Secretary | OfficerTrustee | 5 | $0 |
Roger Schenewerk Treasurer | OfficerTrustee | 5 | $0 |
Lori Alvorado Co-Vice Chair | OfficerTrustee | 5 | $0 |
Wendy Droge-Malm Co-Vice Chair | OfficerTrustee | 5 | $0 |
Monica Duncan Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $76,887 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $196,572 |
| Noncash contributions included in lines 1a–1f | $80,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $273,459 |
| Total Program Service Revenue | $716,576 |
| Investment income | $36,500 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,750 |
| Net Gain/Loss on Asset Sales | -$10,108 |
| Net Income from Fundraising Events | $35,796 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,055,973 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $678,269 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $51,887 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,070 |
| Fees for services: Other | $2,565 |
| Advertising and promotion | $9,160 |
| Office expenses | $1,249 |
| Information technology | $22,284 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $24,897 |
| Insurance | $15,040 |
| All other expenses | $61,894 |
| Total functional expenses | $972,574 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $276,228 |
| Savings and temporary cash investments | $263,973 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,075,973 |
| Investments—publicly traded securities | $538,080 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,154,254 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $152,578 |
| Total liabilities | $152,578 |
| Net assets without donor restrictions | $2,001,676 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,154,254 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Veritas Christian School has recieved totaling $50,568.
| Awarding Organization | Amount |
|---|---|
Depcom G I V E S Scottsdale, AZ PURPOSE: PUBLIC SUPPORT | $25,000 |
Depcom G I V E S Scottsdale, AZ PURPOSE: PUBLIC SUPPORT | $25,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $568 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Principia Corporation St Louis, MO | $1,121,774,918 | $256,921,200 |
Mary Institute And Saint Louis Country Day School St Louis, MO | $240,203,179 | $40,528,498 |
Confluence Academy St Louis, MO | $36,687,360 | $48,180,498 |
Pembroke Hill School Kansas City, MO | $163,708,613 | $51,122,329 |
Valor Christian Schools Highlands Ranch, CO | $100,135,509 | $35,639,062 |
Graland Country Day Denver, CO | $34,468,964 | $24,500,410 |
Peak To Peak Charter Schools Inc Lafayette, CO | $45,135,822 | $22,203,170 |
Hope Educational & Research Center St Louis, MO | $196,443,117 | $45,382,338 |
Association Of Christian Schools International Colorado Springs, CO | $18,742,731 | $17,834,465 |
University Academy Kansas City, MO | $4,761,090 | $14,511,451 |
Missouri Military Academy Mexico, MO | $77,413,966 | $15,231,953 |
Cheyenne Mountain Charter Academy Colorado Springs, CO | $6,874,430 | $14,641,481 |