VERATHON ACADEMY INC

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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

2021

Legal Domicile

Principal Officer

JAMES BISENIUS

Phone

5035239265

Tax Period

2025-01-01 to 2025-12-31

VERATHON ACADEMY INC, founded in 2021, is a micro nonprofit in the Education sector that reported $11K in total revenue in fiscal year 2025. Revenue fell 94% from the prior year — a significant decline worth monitoring. Expenses of $40K exceeded revenue, resulting in a 264% operating deficit.

Mission

VERATHON ACADEMY IS A PLATFORM FOR PROFESSIONAL POD/MICRO "SCHOOLS". OUR GOAL IS TO ENABLE PERSONALIZED PRIVATE EDUCATION, EVERYWHERE. VERATHON ACADEMY COMBINES THE TRANSPARENCY, PERSONALIZATION, FLEXIBILITY, AND RELATIONAL TRUST OF THE BEST HOMESCHOOLING COOPERATIVES WITH THE IN-PERSON PROFESSIONAL TEACHING, ACADEMIC RIGOR, EXPERT NETWORK ACCESS, ADMINISTRATIVE OVERSIGHT, AND OVERALL CULTURE MAKING OF EXCEPTIONAL PRIVATE CHRISTIAN SCHOOLING.

Program Service Accomplishments

Program 1

Expenses: $18,551 Revenue: $10,932

VERATHON ACADEMY IS A PLATFORM FOR PROFESSIONAL POD/MICRO "SCHOOLS". OUR GOAL IS TO ENABLE PERSONALIZED PRIVATE EDUCATION, EVERYWHERE. VERATHON ACADEMY COMBINES THE TRANSPARENCY, PERSONALIZATION...

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $10,932

Investment Income $0

Other Revenue $0

TOTAL REVENUE $10,932

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $18,551

Other Expenses $39,814

TOTAL EXPENSES $39,814

Year-over-Year Comparison

	2025	2024	Change
Revenue	$10,932	$195,967	-0.9%
Expenses	$39,814	$302,981	-0.9%
Net Income	$-28,882	$-107,014	-0.7%

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

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

Employees

N/A

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES BISENIUS	PRESIDENT	1.00	Officer Director	$0	$0	$0
RICHARD OKELLO	BOARD MEMBER	1.00	Officer	$0	$0	$0
BRYAN PEREBOOM	SECRETARY	1.00	Officer	$0	$0	$0
KEITH NIX	BOARD MEMBER	1.00	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
2025	$10,932	$39,814	$43,587	$-28,882
2024	$195,967	$302,981	$72,819	$-107,014
2023	$139,999	$156,863	$94,037	$-16,864
2022	$349,293	$313,135	$111,226	$36,158