Nonprofit · EIN 58-2392999
VERITAS ACADEMY INC
Tax-exempt · SAVANNAH, GA 31401
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,532,856 | $1,563,790 | -$30,934 | $672,741 | $208,268 | $464,473 |
| December 31, 2023 | 990 | $1,415,311 | $1,507,899 | -$92,588 | $662,998 | $167,591 | $495,407 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,448,018
- Investment income
- $17,371
- Net income from fundraising events
- $67,467
- Other revenue
- $67,467
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $1,095,849
- Salaries, compensation and benefits (total)
- $1,180,681
- Professional fundraising fees
- $0
- Travel
- $19,631
- Program services (functional)
- $1,477,973
- Management and general (functional)
- $85,817
Balance sheet and other
- Total assets, start of year
- $662,998
- Total assets, end of year
- $672,741
- Total liabilities, end of year
- $208,268
- Net assets, end of year
- $464,473
- Net assets without donor restrictions
- $464,473
- Gross receipts
- $1,532,856
- Employees
- 57
- Volunteers
- 40
- Year formed
- 1998
- State of legal domicile
- GA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kenneth Crowe | Secretary Trustee or director, Officer | 0 | $0 |
| Patrick Jarrett | Director Trustee or director | 0 | $0 |
| Tim Shaw | President Trustee or director, Officer | 0 | $0 |
| David Gobel | Vice President Trustee or director, Officer | 0 | $0 |
| Woelke Leithart | Director Trustee or director | 0 | $0 |
| Wallace Milling | Director Trustee or director | 0 | $0 |
| Harry Brodmann | Treasurer Trustee or director, Officer | 0 | $0 |
| Frankie Daniell | Director Trustee or director | 0 | $0 |
| Winn Morgan | Director Trustee or director | 0 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kenneth Crowe | Secretary Trustee or director | 0 | $0 |
| Patrick Jarrett | Chairman Trustee or director, Officer | 0 | $0 |
| Tim Shaw | Director Trustee or director, Officer | 0 | $0 |
| David Gobel | Director Trustee or director | 0 | $0 |
| Woelke Leithart | Vice President Trustee or director, Officer | 0 | $0 |
| Wallace Milling | Director Trustee or director | 0 | $0 |
| Harry Brodmann | Treasurer Trustee or director, Officer | 0 | $0 |
| Frankie Daniell | Director Trustee or director | 0 | $0 |
| Winn Morgan | Director Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 207 BULL ST, SAVANNAH, GA 31401-3931
- Signed the 990
- Harry Brodmann, Treasurer
- Phone
- (912) 238-1222
- Website
- www.veritassav.org
- Return prepared by
- Johnson Financial Solutions LLC
Mission
The purpose of the corporation is to maintain a christian school for the instruction of children.
Program accomplishments
- Provide Christian based education for children in grades PK through 12.Expenses $1,477,973
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 58-2392999
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1999
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B20)
- Assets (IRS master file)
- $672,741
- Income (IRS master file)
- $1,532,856
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,532,856 | $1,563,790 | $672,741 | XML |
| 990 | December 2023 | $1,415,311 | $1,507,899 | $662,998 | XML |
| 990 | December 2022 | $1,446,485 | $1,408,072 | $784,001 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 58-2392999).
Questions about VERITAS ACADEMY INC
- What is the EIN of VERITAS ACADEMY INC?
- The employer identification number (EIN) of VERITAS ACADEMY INC is 58-2392999.
- Is VERITAS ACADEMY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to VERITAS ACADEMY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VERITAS ACADEMY INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of VERITAS ACADEMY INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did VERITAS ACADEMY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who are the officers and directors of VERITAS ACADEMY INC?
- The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
- How much revenue does VERITAS ACADEMY INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,532,856, expenses of $1,563,790 and total assets of $672,741 at year end.
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