ARCHWAY CLASSICAL ACADEMY VERITAS

EIN: 273364820 501(c)(3) Education

PHOENIX, AZ

Total Revenue
$8,536,223
Total Expenses
$7,994,476
Total Assets
$14,118,928
Net Assets
$5,399,164
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

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)

Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
AZ
Principal Officer
MATTHEW BUSHARD
Phone
6024387045
Tax Period
2024-07-01 to 2025-06-30

ARCHWAY CLASSICAL ACADEMY VERITAS, founded in 2010, is a community nonprofit in the Education sector that reported $8.5M in total revenue in fiscal year 2024. Expenses of $8.0M left a modest 6% surplus.

Mission

AN ARCHWAY CLASSICAL ACADEMY VERITAS EDUCATION PREPARES STUDENTS TO BE MORE THAN JUST PROFICIENT TEST TAKERS, BUT RATHER, TO BECOME GREAT-HEARTED LEADERS CAPABLE OF SUCCESS THROUGHOUT THEIR HIGHER EDUCATION AND PROFESSIONAL CAREERS. WITH A CURRICULUM BUILT UPON A CLASSICAL LIBERAL ARTS TRADITION AND A REVOLUTIONARY APPROACH TO SCHOOL ITSELF, GREAT HEARTS CULTIVATES THE HEARTS AND MINDS OF STUDENTS IN THE PURSUIT OF TRUTH, GOODNESS, AND BEAUTY.

🔒

Trantor Score

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)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,155,727
Program Service Revenue $7,195,018
Investment Income $110,781
Other Revenue $74,697
TOTAL REVENUE $8,536,223

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,596,971
Fundraising Expenses $29,217
Program Expenses $6,937,519
Other Expenses $3,397,505
TOTAL EXPENSES $7,994,476

Year-over-Year Comparison

2024 2023 Change
Revenue $8,536,223 $8,539,865 0.0%
Expenses $7,994,476 $7,739,642 +0.0%
Net Income $541,747 $800,223 -0.3%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

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

Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
300

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
4
$129,452
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT MULHERN CHAIRMAN 2.00
Officer Director
$0 $0 $0
CHRISTOFER PEREYRA VICE CHAIRMA 2.00
Officer Director
$0 $0 $0
JOHN THORPE SECRETARY 2.00
Officer Director
$0 $0 $0
MONA MOORE DIRECTOR 2.00
Director
$0 $0 $0
MEGAN OPITZ HEADMASTER 40.00
Officer
$0 $20,919 $129,452
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 $8,536,223 $7,994,476 $14,118,928 $541,747
2024 $8,539,865 $7,739,642 $13,573,270 $800,223
2023 $8,362,747 $7,604,864 $13,162,568 $757,883
2022 $7,387,237 $7,036,762 $3,610,595 $350,475
2021 $7,023,453 $6,800,659 $3,400,658 $222,794
2020 $6,561,026 $6,526,463 $3,067,420 $34,563
2019 $6,427,998 $6,220,806 $3,139,132 $207,192
2018 $4,932,802 $4,468,026 $2,598,007 $464,776
Explore More Nonprofits
→Top 100 Nonprofits in Arizona →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare ARCHWAY CLASSICAL ACADEMY VERITAS with other nonprofits in Arizona and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.