Veritas Classical Private School Inc

EIN: 814648847 501(c)(3) Education

Saint Augustine, FL

Total Revenue
$2,537,511
Total Expenses
$2,433,055
Total Assets
$727,412
Net Assets
$522,432
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
FL
Phone
9048101050
Tax Period
2023-07-01 to 2024-06-30

Veritas Classical Private School Inc, founded in 2016, is a community nonprofit in the Education sector that reported $2.5M in total revenue in fiscal year 2023. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $2.4M left a modest 4% surplus.

Mission

Veritas Classical School trains students to master a core body of knowledge, reason clearly, and articulate effectively. We embolden young men and women to engage the world with Christ-like embodiments of spiritual fruit. We aim to cultivate students of excellence who evaluate all human knowledge through the lens of Scripture. Our goal is to instill a lifelong passion for learning in our students: capable of discerning truth, appreciating goodness, and recognizing beauty.

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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 (2023)

Revenue Breakdown

Contributions & Grants $176,607
Program Service Revenue $2,333,960
Investment Income $74
Other Revenue $26,870
TOTAL REVENUE $2,537,511

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,499,398
Fundraising Expenses $26,243
Program Expenses $2,203,460
Other Expenses $933,657
TOTAL EXPENSES $2,433,055

Year-over-Year Comparison

2023 2022 Change
Revenue $2,537,511 $1,957,466 +0.3%
Expenses $2,433,055 $2,017,723 +0.2%
Net Income $104,456 $-60,257 -2.7%
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

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
6
Employees
55
Volunteers
100

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
$121,808
Total Directors
7
$121,808
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Andrew Smalley Head of School 40.00
Officer Director
$121,808 $0 $121,808
Parker Fretwell Member 10.00
Director
$0 $0 $0
Kaitlyn Cremer Smith Member 10.00
Director
$0 $0 $0
Matt Baker President 10.00
Officer Director
$0 $0 $0
Jay Hartley Secretary 10.00
Officer Director
$0 $0 $0
Scott Patrou Member 10.00
Director
$0 $0 $0
Maria Vazquez Roque Member 10.00
Director
$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 No data No data No data No data
2024 $2,537,511 $2,433,055 $727,412 $104,456
2022 $1,517,759 $1,396,987 $712,268 $120,772
2020 $812,991 $713,099 $446,057 $99,892
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