VERITAS ACADEMY

EIN: 471107248 501(c)(3) Education

CODY, WY

Total Revenue
$475,808
Total Expenses
$490,416
Total Assets
$252,597
Net Assets
$252,597
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Principal Officer
PRISCILLA WHITE
Phone
3072505167
Tax Period
2025-01-01 to 2025-12-31

VERITAS ACADEMY is a small nonprofit in the Education sector that reported $476K in total revenue in fiscal year 2025.

Mission

GOD'S WORD IS THE FOUNDATION FOR ALL LEARNING. OUR CURRICULUM AND TEACHING METHOD PROVIDES STUDENTS A COMPRHENSIVE APPLICATION OF SCRIPTURE IN ALL DISCIPLINES. OUR GOAL IS TO ASSIST EACH STUDENT IN DEVELOPING A BIBLICAL WORLD VIEW BY ACKNOWLEDGING GOD IS AUTHOR OF ALL KNOWLEDGE AND WISDOM. IN PARTNERSHIP WITH PARENTS, VERITAS ACADEMY IS COMMITTED TO THE CLASSICAL APPROACH WHIC CORRESPONDS TO THE DEVELOPMENTAL LEARNING STAGES OF CHILDREN, BUILDING A NATURAL PROGRESSION OF UNDERSTANDING IN ALL SUBJECTS. THIS APPROACH CALLED TRIVIUM, HAS THREE LEVELS OF LEARNING:THE GRAMMAR STAGE (ACQUISITION OF FOUNDATIONAL FACTS IN ALL SUBJECTS), THE LOGICAL STAGE (QUESTION THE WAY FACTS FIT TOGETHER THROUGH CRITICAL AND ABSTRACT THINKING), AND THE RHETORIC STAGE (BUILDS ON THE FIRST TWO STAGES TO LEARN TO WRITE AND SPEAK WELL). OUR GOAL IS FOR STUDENTS TO GRADUATE WITH AN ABILITY TO INVESTIGATE CONTEMPLATE, DEBATE, AND PURSUE KNOWLEDGE. WERITAS ACADEMY PROVIDES CHALLENGING ACADEMIC STUDY WITHIN A NURTU

Program Service Accomplishments

Program 1
Expenses: $474,473 Revenue: $367,735

VERITAS ACADEMY PROVIDES CLASSICAL CHRISTIAN EDUCATION TO STUDENTS IN CODY, WYOMING

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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 $107,136
Program Service Revenue $367,735
Investment Income $241
Other Revenue $696
TOTAL REVENUE $475,808

Expense Breakdown

Grants Paid $0
Salaries & Benefits $387,031
Fundraising Expenses $750
Program Expenses $474,473
Other Expenses $103,385
TOTAL EXPENSES $490,416

Year-over-Year Comparison

2025 2024 Change
Revenue $475,808 $450,259 +0.1%
Expenses $490,416 $433,490 +0.1%
Net Income $-14,608 $16,769 -1.9%
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

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
15
Volunteers
70

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
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRIAN HOOVER PARENT REP. N/A
Director
$0 $0 $0
JOSH YODER PARENT REP. N/A
Director
$0 $0 $0
SARAH DURNEY VICE PRESIDE N/A
Officer
$0 $0 $0
PATRICIA NORTHRUP SECRETARY/ T N/A
Officer
$0 $0 $0
PRISCILLA WHITE PRESIDENT N/A
Officer
$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 $475,808 $490,416 $252,597 $-14,608
2024 $450,259 $433,490 $272,355 $16,769
2023 $331,980 $326,600 $257,257 $5,380
2022 $274,181 $240,397 $258,733 $33,784
2021 $187,694 $244,133 $217,628 $-56,439
2020 $137,676 $194,234 $256,353 $-56,558
2019 $426,702 $141,781 $328,163 $284,921
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