VERITAS CLASSICAL ACADEMY INC

🔒

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

2018

Legal Domicile

Principal Officer

D AUSTIN REHL

Phone

7403735455

Tax Period

2023-09-01 to 2024-08-31

VERITAS CLASSICAL ACADEMY INC, founded in 2018, is a small nonprofit in the Education sector that reported $498K in total revenue in fiscal year 2023. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $653K exceeded revenue, resulting in a 31% operating deficit.

Mission

BY GOD'S ENDOWMENT OF INTELLECT AND WILL FOR LOVE AND FAITH IN HIM, WE SERVE FAMILIES IN THE GROWTH OF WISDOM AND THE FORMATION OF VIRTUE THROUGH A CLASSICAL LIBERAL ARTS EDUCATION.

Program Service Accomplishments

Program 1

Expenses: $653,440 Revenue: $440,609

PROVIDE ELEMENTARY AND SECONDARY EDUCATION TO STUDENTS IN THE MID- OHIO VALLEY PREPARING ITS STUDENTS FOR POST-SECONDARY EDUCATION

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $56,744

Program Service Revenue $440,609

Investment Income $462

Other Revenue $0

TOTAL REVENUE $497,815

Expense Breakdown

Grants Paid $0

Salaries & Benefits $466,467

Fundraising Expenses $0

Program Expenses $653,440

Other Expenses $186,973

TOTAL EXPENSES $653,440

Year-over-Year Comparison

	2023	2022	Change
Revenue	$497,815	$676,101	-0.3%
Expenses	$653,440	$737,958	-0.1%
Net Income	$-155,625	$-61,857	+1.5%

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

N/A

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

$30,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WENDY REHL	MEMBER	30.00	Director	$30,500	$0	$30,500
D AUSTIN REHL	OFFICER	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	No data	No data	No data	No data
2024	$497,815	$653,440	$359,432	$-155,625
2022	$684,155	$634,284	$471,835	$49,871