HOBBS, NM
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)VERITAS CLASSICAL CHRISTIAN ACADEMY INC, founded in 2011, is a small nonprofit in the Education sector that reported $184K in total revenue in fiscal year 2023. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $215K exceeded revenue, resulting in a 17% operating deficit.
THE MISSION OF VERITAS CLASSICAL CHRISTIAN ACADEMY, INC. IS TO STRENGTHEN FAMILIES BY PARTNERING WITH PARENTS TO PROVIDE A CLASSICAL EDUCATION BASED ON A BIBLICAL WORLDVIEW. OUR GOAL IS TO EQUIP STUDENTS TO ENTER A LIFELONG PURSUIT OF KNOWLEDGE, WISDOM, AND UNDERSTANDING IN THEIR PURPOSEFUL AND PASSIONATE SERVICE OF JESUS CHRIST. VERITAS CLASSICAL CHRISTIAN ACADEMY, INC. EMPLOYS THE UNIVERSITY-MODEL APPROACH THAT COMBINES PROFESSIONAL CLASSROOM INSTRUCTION WITH PARENT GUIDED STUDY TO ACHIEVE A COLLEGE PREPARATORY LEVEL OF ACADEMIC AND SPIRITUAL EXCELLENCE.
VERITAS CHRISTIAN ACADEMY SERVED 51 STUDENTS AND EMPLOYED 9 TEACHERS DURING THE YEAR. STUDENTS CONTINUTED TO GROW IN THEIR KNOWLEDGE AND SERVICE. STUDENTS WERE ACTIVE IN THE COMMUNITY AND WORKED ON A...
VERITAS CHRISTIAN ACADEMY SERVED 51 STUDENTS AND EMPLOYED 9 TEACHERS DURING THE YEAR. STUDENTS CONTINUTED TO GROW IN THEIR KNOWLEDGE AND SERVICE. STUDENTS WERE ACTIVE IN THE COMMUNITY AND WORKED ON A VARIETY OF SERVICE LEARNING OPPORTUNITIES INCLUDING THE LOCAL SOUP KITCHEN, NURSING HOMES, AND ROTARY CLUB.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $183,705 | $242,082 | -0.2% |
| Expenses | $214,669 | $202,487 | +0.1% |
| Net Income | $-30,964 | $39,595 | -1.8% |
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 |
|---|---|---|---|---|---|---|
| CRAIG T BOVA | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KENT L WALDROP | VICE PRESIDENT | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| LORI BOVA | SECRETARY/TREASURER | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| BECKY WALDROP | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $183,705 | $214,669 | $5,544 | $-30,964 |
| 2023 | $242,082 | $202,487 | $39,824 | $39,595 |
| 2022 | $175,657 | $209,878 | $1,403 | $-34,221 |
| 2021 | $184,748 | $167,531 | $35,838 | $17,217 |
| 2020 | $202,874 | $199,002 | $42,924 | $3,872 |
Compare VERITAS CLASSICAL CHRISTIAN ACADEMY INC with other nonprofits in New Mexico and across the country.