VERITAS ENRICHMENT INC (EIN 842146010) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2019

Legal Domicile

Principal Officer

KATRINA CRAMER

Phone

4176991842

Tax Period

2024-01-01 to 2024-12-31

VERITAS ENRICHMENT INC, founded in 2019, is a small nonprofit in the Religion sector that reported $232K in total revenue in fiscal year 2024. Revenue surged 176% from the prior year, signaling strong growth momentum. Expenses of $200K left a modest 14% surplus.

Mission

PROVIDE HOMESCHOOL FAMILIES WITH SUPPLEMENTAL ENRICHMENT CLASSES AND SOCIAL ACTIVITIES.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $133,405

Program Service Revenue $98,784

Investment Income $0

Other Revenue $0

TOTAL REVENUE $232,189

Expense Breakdown

Grants Paid $0

Salaries & Benefits $57,470

Fundraising Expenses $3,268

Program Expenses $108,998

Other Expenses $142,598

TOTAL EXPENSES $200,068

Year-over-Year Comparison

	2024	2023	Change
Revenue	$232,189	$84,027	+1.8%
Expenses	$200,068	$77,886	+1.6%
Net Income	$32,121	$6,141	+4.2%

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

Governance

Voting Members

Independent Members

N/A

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

$32,960

Total Directors

$32,960

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATRINA CRAMER	PRESIDENT	45.00	Officer Director	$16,320	$0	$16,320
KELSEY WALKER	SECRETARY	20.00	Officer Director	$8,320	$0	$8,320
KATENIA ALLEN	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
CHRISTINA HARRIS	TREASURER	45.00	Officer Director	$8,320	$0	$8,320

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	$232,189	$200,068	$579,584	$32,121

VERITAS ENRICHMENT INC