Veritas International University

EIN: 263664845 501(c)(3) Religion

SANTA ANA, CA

Total Revenue
$776,629
Total Expenses
$598,011
Total Assets
$587,107
Net Assets
$428,778
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
CA
Principal Officer
JOSEPH HOLDEN CEO
Phone
4158196718
Tax Period
2025-01-01 to 2025-12-31

Veritas International University, founded in 2008, is a small nonprofit in the Religion sector that reported $777K in total revenue in fiscal year 2025. Revenue surged 70% from the prior year, signaling strong growth momentum. The organization ran a surplus of $179K, a strong 23% operating margin.

Mission

The Organization is a non-profit free standing inter-denominational educational institution. Their Mission is to equip Christians to evangelize the world and defend the historic Christian faith through rigorous academic and devotional study of the inspired scriptures.

Program Service Accomplishments

Program 1
Expenses: $433,626 Revenue: $0

Provide a graduate study program to honor Jesus Christ and his word through conservative classical scholarship and biblical exposition for the sole purpose of developing competent Christian men and...

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Provide a graduate study program to honor Jesus Christ and his word through conservative classical scholarship and biblical exposition for the sole purpose of developing competent Christian men and women for spiritual leadership.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $533,329
Program Service Revenue $242,894
Investment Income $0
Other Revenue $406
TOTAL REVENUE $776,629

Expense Breakdown

Grants Paid $0
Salaries & Benefits $301,788
Fundraising Expenses $0
Program Expenses $433,626
Other Expenses $296,223
TOTAL EXPENSES $598,011

Year-over-Year Comparison

2025 2024 Change
Revenue $776,629 $458,131 +0.7%
Expenses $598,011 $516,661 +0.2%
Net Income $178,618 $-58,530 -4.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
3
Employees
6
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$34,800
Total Directors
4
$34,800
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Joe Holden President 40.00
Officer Director
$32,400 $2,400 $34,800
Dave Shirley Secretary 1.00
Officer Director
$0 $0 $0
Brian Nixon Director 1.00
Director
$0 $0 $0
Luman Wing Treasurer 1.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $776,629 $598,011 $587,107 $178,618
2024 $458,131 $516,661 $422,270 $-58,530
2023 $485,841 $519,158 $312,725 $-33,317
2022 $548,281 $565,821 $342,167 $-17,540
2021 $605,574 $556,299 $395,426 $49,275
2020 $458,712 $488,385 $346,503 $-29,673
2019 $701,918 $522,405 $337,076 $179,513
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