LAWRENCEBURG, IN
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)VERITAS BAPTIST COLLEGE INC, founded in 2010, is a community nonprofit in the Education sector that reported $1.8M in total revenue in fiscal year 2024. Revenue surged 28% from the prior year, signaling strong growth momentum. Expenses of $1.7M left a modest 3% surplus.
VERITAS BAPTIST COLLEGE EXISTS TO EQUIP MEN AND WOMEN FOR DYNAMIC CHRISTIAN SERVICE AND LEADERSHIP IN BIBLE-BELIEVING CHURCHES BY PROVIDING HIGHER EDUCATION THAT EMPHASIZES ACADEMIC EXCELLENCE, SPIRITUAL DEVELOPMENT, AND PREPARATION FOR MINISTRY, BOTH LAY AND PROFESSIONAL.
VERITAS BAPTIST COLLEGE EXISTS TO AID LOCAL CHURCHES IN THEIR TASK OF EQUIPPING CHRISTIANS TO FULFILL THE GREAT COMMISSION. GOD HAS GRACIOUSLY GATHERED A DEDICATED AND QUALIFIED FACULTY TO EQUIP...
VERITAS BAPTIST COLLEGE EXISTS TO AID LOCAL CHURCHES IN THEIR TASK OF EQUIPPING CHRISTIANS TO FULFILL THE GREAT COMMISSION. GOD HAS GRACIOUSLY GATHERED A DEDICATED AND QUALIFIED FACULTY TO EQUIP BELIEVERS TO DO THE WORK OF THE MINISTRY IN ORDER TO BUILD THE BODY OF CHRIST. THE GOAL IS MORE THAN IMPARTING ACADEMIC KNOWLEDGE; IT IS LEADING EACH STUDENT TO SPIRITUAL MATURITY AND CHRIST-LIKENESS. THE COLLEGE CURRICULUM IS ORGANIZED TO PURSUE THIS OBJECTIVE IN A FOURFOLD MANNER. 1.TO TRAIN LEADERS AND WORKERS TO SERVE IN LOCAL CHURCHES AND CHRISTIAN SCHOOLS. 2.TO TRAIN PASTORS AND MISSIONARIES TO PLANT AND LEAD LOCAL CHURCHES. 3.TO PROVIDE CONTINUING EDUCATION FOR PASTORS AND CHURCH STAFF MEMBERS WHO ARE SERVING IN LOCAL CHURCHES. 4.TO PROVIDE CHRISTIANS THE OPPORTUNITY FOR SPIRITUAL GROWTH AND SPIRITUAL ENRICHMENT. SINCE 1984, FACULTY AND ADMINISTRATION OF VERITAS HAVE DEVELOPED PERSONAL MENTORING RELATIONSHIPS WITH THEIR STUDENTSFOCUSING ON STUDENTS UNIQUE PERSONAL AND MINISTRY NEEDS. VBC CONTINUES TO ACCOMPLISH ITS PURPOSE WITH 334 GRADUATES IN 46 STATES, 2 US TERRITORIES, AND 15 FOREIGN COUNTRIES ACROSS 6 PROGRAMS AND 20 SPECIALIZATIONS. IN THE 2021-2022 SCHOOL YEAR, WE HAD THE PRIVILEGE TO HELP TRAIN 251 STUDENTS. AT VERITAS BAPTIST COLLEGE, WE BELIEVE THE COST OF EDUCATION SHOULDNT BE A BARRIER TO CHRISTS SERVANTS. WE BELIEVE IT SHOULD BE AFFORDABLE AND FLEXIBLE. TO THAT END, WE ARE COMMITTED TO BRINGING TRUSTED LEADERS DIRECTLY TO STUDENTS. STAY HOME, SERVE LOCALLY, AND CONNECT GLOBALLY WITH OTHER LIKE-MINDED BELIEVERS PURSUING THEIR TRAINING. ONE BACHELORS GRADUATE WHO HAS RETURNED FOR AN ADVANCED DEGREE STATED, THROUGH VERITAS I HAVE EARNED A DEGREE, I HAVE GROWN IN THE GRACE AND KNOWLEDGE OF CHRIST, I HAVE GAINED FRIENDSHIPS WITH PEOPLE ALL ACROSS THE WORLD, AND I HAVE GAINED MANY VALUABLE LESSONS THAT HAVE SHAPED WHO I AM TODAY ALL WHILE SERVING EXACTLY WHERE GOD HAS CALLED ME RIGHT HERE RIGHT NOW.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,773,652 | $1,382,284 | +0.3% |
| Expenses | $1,715,557 | $1,317,694 | +0.3% |
| Net Income | $58,095 | $64,590 | -0.1% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MIKE LESTER | PRESIDENT | 40.00 |
Officer
Director
|
$85,847 | $0 | $85,847 |
| SHERRY DAVIS | CFO | 40.00 |
Officer
|
$67,112 | $0 | $67,112 |
| BRENT ARMSTRONG | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KENNY BALDWIN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ANDREW BUNNELL | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JAMISON COPPOLA | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CATHY DOTSON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| TIM RABON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MIKE REID | VICE CHAIRMA | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KURT SKELLY | CHAIRMAN | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $1,773,652 | $1,715,557 | $768,797 | $58,095 |
| 2024 | $1,382,284 | $1,317,694 | $660,060 | $64,590 |
| 2023 | $1,109,374 | $1,217,419 | $552,820 | $-108,045 |
| 2022 | $1,024,760 | $1,137,282 | $617,304 | $-112,522 |
| 2021 | $1,133,275 | $1,008,814 | $729,481 | $124,461 |
| 2020 | $1,092,340 | $980,262 | $719,479 | $112,078 |
Compare VERITAS BAPTIST COLLEGE INC with other nonprofits in Indiana and across the country.