North Branch, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)VERITAS ACADEMY, founded in 2008, is a small nonprofit in the Mental Health sector that reported $676K in total revenue in fiscal year 2025. Expenses of $831K exceeded revenue, resulting in a 23% operating deficit.
Veritas Academy exists to provide a Christ-centered, classical education that equips students, both domestic and international, with wisdom, virtue, and excellence, preparing them to flourish in their unique callings.
Veritas Academy operated a private classical Christian school serving students in kindergarten through grade 12 through both day and boarding programs. The school provided instruction grounded in a...
Veritas Academy operated a private classical Christian school serving students in kindergarten through grade 12 through both day and boarding programs. The school provided instruction grounded in a biblical worldview and a classical curriculum emphasizing the liberal arts, mathematics, science, history, literature, logic, and rhetoric. During the year, the school served students from the United States and multiple countries around the world, providing academic instruction, residential life programming, athletics, fine arts opportunities, and student support services. The school graduated students who continued to postsecondary education and career pathways.
No second program.
No third program
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $676,003 | $645,881 | +0.0% |
| Expenses | $830,546 | $569,507 | +0.5% |
| Net Income | $-154,543 | $76,374 | -3.0% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Susie Brooks | President and Founding Member | 60 |
Officer
Director
Key Emp
|
$0 | $0 | $0 |
| Steven Brooks | Director of Spiritual Formation and Founding Member | 60 |
Officer
Director
Key Emp
|
$0 | $0 | $0 |
| Seraiah Brooks | Founding Member and Development Officer | 40 |
Officer
Key Emp
|
$0 | $0 | $0 |
| Dakotak Shearer | Board Member | 6 |
Officer
|
$0 | $0 | $0 |
| Colin Gan | Board Member | 6 |
Officer
|
$0 | $0 | $0 |
| Donnell Bratton | Board Member | 6 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $676,003 | $830,546 | $8,785,225 | $-154,543 |
| 2024 | $645,881 | $569,507 | $8,793,396 | $76,374 |
| 2024 | No data | No data | No data | No data |
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