VERITY INC (EIN 650339338) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1992

Legal Domicile

Principal Officer

TED TREESH

Phone

2394331956

Tax Period

2024-01-01 to 2024-12-31

VERITY INC, founded in 1992, is a small nonprofit in the Mental Health sector that reported $414K in total revenue in fiscal year 2024. Revenue surged 20% from the prior year, signaling strong growth momentum.

Mission

VERITY INC EXISTS TO SERVE THE NEEDS OF THOSE EXPERIENCING UNPLANNED PREGNANCIES OR THOSE SUFFERING THE CONSEQUENCES OF LIFE DECISIONS PREVIOUSLY MADE. OUR MISSION IS TO PROVIDE THE TOOLS NEEDED BY THOSE WE SERVE TO MAKE EDUCATED CHOICES, TO FACE LIFE'S CHALLENGES, AND TO MAKE LASTING CHANGES THROUGH A PERSONAL RELATIONSHIP WITH JESUS CHRIST.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $434,396

Program Service Revenue $0

Investment Income $0

Other Revenue $-20,744

TOTAL REVENUE $413,652

Expense Breakdown

Grants Paid $0

Salaries & Benefits $291,638

Fundraising Expenses $0

Program Expenses $231,934

Other Expenses $138,078

TOTAL EXPENSES $429,716

Year-over-Year Comparison

	2024	2023	Change
Revenue	$413,652	$344,405	+0.2%
Expenses	$429,716	$349,639	+0.2%
Net Income	$-16,064	$-5,234	+2.1%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

Total Directors

$60,008

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
REBECCA ANDERSON	EXECUTIVE DIRECTOR	40.00	Director	$60,008	$0	$60,008
CHARLES MCLANE	DIRECTOR	0.00	Director	$0	$0	$0
NEALE MONTGOMERY	DIRECTOR	0.00	Director	$0	$0	$0
CISSY WILLIAMS	DIRECTOR	0.00	Director	$0	$0	$0
SAM KILLMAN	DIRECTOR	0.00	Director	$0	$0	$0
TED TREESH	CHAIRMAN	5.00	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
2024	$413,652	$429,716	$182,425	$-16,064
2023	$344,405	$349,639	$198,489	$-5,234
2022	$299,401	$341,726	$207,855	$-42,325
2021	$421,587	$343,532	$251,681	$78,055
2020	$381,086	$296,157	$202,161	$84,929

VERITY INC