Nonprofit · EIN 81-2207835
VERITAS CLASSES INC
Tax-exempt · ELON, NC 27244
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-EZ | $77,012 | $78,923 | -$1,911 | $11,230 | $301 | $10,929 |
| June 30, 2024 | 990-EZ | $76,423 | $73,588 | $2,835 | $12,840 | $0 | $12,840 |
Financial details: 990-EZ for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $77,012
Expenses
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $55,749
- Professional fees and payments to contractors
- $5,620
- Occupancy
- $1,400
- Other expenses
- $16,154
Balance sheet and other
- Total assets, start of year
- $12,840
- Total assets, end of year
- $11,230
- Total liabilities, end of year
- $301
- Net assets, end of year
- $10,929
- Cash, savings and investments
- $11,230
- Gross receipts
- $77,012
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-EZ for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Dannette Cox | Chair | 1 | $0 |
| Nicole Walker | Secretary | 1 | $0 |
| Ben Duckett | Treasurer | 1 | $0 |
| Tom Pryor | Board Member | 1 | $0 |
| Shannon Pryor | Board Member | 1 | $0 |
| Kelly Hayes | Board Member | 1 | $0 |
990-EZ for the year ended June 30, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| David Morton | Chairman | 1 | $0 |
| Casey Morton | Secretary | 1 | $0 |
| Ben Duckett | Treasurer | 1 | $0 |
| Gina Duckett | Board Member | 1 | $0 |
| Cindy Fox | Board Memeber | 1 | $0 |
| Nicole Walker | Board Member | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1600 POWER LINE RD, ELON, NC 27244-8000
- In care of
- % BEN DUCKETT
- Mailing address (990-N for 2019)
- 1600 Power Line Rd, Elon NC 27244
- Principal officer (990-N for 2019)
- Wade Cox, 211 Pelham St, Haw River NC 27258
- Signed the 990-EZ
- BEN DUCKETT, Treasurer
- Phone
- (336) 908-0908
- Return prepared by
- Lori E Kenney CPA PLLC
Mission
Please see Sch O for primary purpose
Program accomplishments
- Veritas Classes Inc serves on average 100 students per year.
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-EZ on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 81-2207835
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2019
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B80)
- Assets (IRS master file)
- $11,230
- Income (IRS master file)
- $77,012
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | June 2025 | $77,012 | $78,923 | $11,230 | IRS |
| 990-EZ | June 2024 | $76,423 | $73,588 | $12,840 | XML |
| 990-EZ | June 2023 | – | – | – | IRS |
| 990-EZ | June 2022 | – | – | – | IRS |
| 990-EZ | June 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-N for 2019 Officer: Wade Cox | June 30, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2018 Officer: STUART COX | June 30, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
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 81-2207835).
Questions about VERITAS CLASSES INC
- What is the EIN of VERITAS CLASSES INC?
- The employer identification number (EIN) of VERITAS CLASSES INC is 81-2207835.
- Is VERITAS CLASSES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to VERITAS CLASSES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VERITAS CLASSES 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 CLASSES INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did VERITAS CLASSES INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended June 2025.
- Who is the principal officer of VERITAS CLASSES INC?
- The 990-N for 2019 names Wade Cox.
- Who are the officers and directors of VERITAS CLASSES INC?
- The 990-EZ for the year ended June 30, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does VERITAS CLASSES INC have?
- On its 990-EZ for the year ended June 30, 2025 it reported revenue of $77,012, expenses of $78,923 and total assets of $11,230 at year end.
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