Veritas Classes
- Assets
- $9.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Elon, NC
- Founding
- 09/2019
- Data as of
- 06/2022
- EIN
- 81-2207835
Organization Overview
Veritas Classes is located in Elon, NC. The organization was established in 2019. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Veritas Classes 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 06/2022, Veritas Classes generated $79.8k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $79.9k during the year ending 06/2022. While expenses have increased by 9.9% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
VERITAS CLASSES INC SERVES ON AVERAGE 100 STUDENTS PER YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wade Cox Chairman | 1 | $0 | |
Gary Brantley Treasurer | 1 | $0 | |
Stacie Brantley Board Member | 1 | $0 | |
Casey Morton Secretary | 1 | $0 | |
David Morton Board Member Web Designer | 1 | $0 | |
Cindy Fox Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $79,844 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $79,844 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $68,782 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $1,120 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $10,017 |
| Total expenses | $79,919 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,679 |
| Other assets | $0 |
| Total assets | $9,679 |
| Total liabilities | $0 |
| Net assets or fund balances | $9,679 |
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