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.
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.