The mission of Veritas Academy is to partner with christian parents to provide their children with a classical christian education for the lifelong pursuit of wisdom and virtue in the service of jesus christ for the glory of god. Its collaborative approach integrates professional instruction with parent-mentored study and discipleship to cultivate genuine faith in christ, godly virtue, and excellence in academics and workmanship.

501(c)(3) charity; gifts are tax-deductible.
76¢ of each $1 spent went to programs.
$306K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $1.6M a year · 18% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
76%
of spending
Looks good: 76% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$306K
to officers and key staff · 4% of spending
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
7 mo
of spending, in cash
Looks good: 6.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$12.0M
55% of total assets
Fine: liabilities are 55% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
3
of 12 voting members
Worth a look: 3 of 12 voting members are independent, under half.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$9.5M
+26% vs prior year
Spent
$8.1M
To programs
76%
Net assets
$9.7M
By yearFY2020–FY2025
Revenue
$9.5M
FY2023▲ +26%
Tap a bar for its year
Revenue by fiscal year
FY2020$5.7M
FY2021$7.5M
FY2022$7.5M
FY2023$9.5M
FY2024$14.2M
FY2025$11.2M
Expenses
$8.1M
FY2023▲ +13%
Tap a bar for its year
Expenses by fiscal year
FY2020$6.2M
FY2021$6.4M
FY2022$7.2M
FY2023$8.1M
FY2024$8.7M
FY2025$9.1M
Net assets
$9.7M
FY2023▲ +27%
Tap a bar for its year
Net assets by fiscal year
FY2020$6.3M
FY2021$7.4M
FY2022$7.7M
FY2023$9.7M
FY2024$15.3M
FY2025$17.6M

From the FY2023 Form 990 (year ending June 2023) · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 2005.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

76 cents of each dollar spent went to programs.

Program services 76% · $6.2M Management & general 23% · $1.9M Fundraising 1% · $43K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

12 people listed on the 990; $306K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Board Member/Trustee/Head of School
$167,944Pt VII · Sec A
Board Member/Trustee/School Head
$83,706Pt VII · Sec A
Board Secretary
$15,422Pt VII · Sec A
$11,406Pt VII · Sec A
Board Member
$10,890Pt VII · Sec A
Board Chair
$8,385Pt VII · Sec A
Board Member
$3,761Pt VII · Sec A
Board Member
$2,462Pt VII · Sec A

Cameron Cook’s $159K as Head of School is at the 19th percentile of top reported officer pay among 3683 $10–100M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Jef Fowler—$110,697$167,944$140,328$138,953$138,278
Cameron Cook$158,755$120,927————
Troy Schuknecht———$109,413——
Jonathan Hatfield$107,849$102,148————
Starrla Fowler—$46,446$83,706$85,313$75,161$74,789
Scott Rhodes$66,772$52,365————
Monica Scantlen$31,249$15,407$2,462———
Molly Ingram$24,815$12,761$10,890$9,012$10,378$13,897

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Veritas Academy executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Educates preschool through 12th grade students from Christian families using a classical Christian approach.

Questions for Veritas Academy

Tap to ask. Veritas Academy sees how many people are interested.

Your first name shows with your question. Veritas Academy answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $6.2M · in their own filed words · FY2022
01

The school provides a collaborative approach to education that integrates professional instruction with parent-mentored study.

$6.2Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$10K
Grants paid · 5 grants · $2.2M · 2020–2024
Unitemized GrantFY2024$498,940
Unitemized GrantFY2023$470,985
Unitemized GrantFY2022$432,041
Unitemized GrantFY2021$413,715
Unitemized GrantFY2020$374,727

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$9.5M
Ln 12
Fees for servicesLn 2g$7.6M
Gifts and grantsLn 1h$1.8M
Investment incomeLn 3$4K
Money outPt IX
$8.1M
Ln 25
Programscol B$6.2M
Managementcol C$1.9M
Fundraisingcol D$43K
Owns and owesPt X
$9.7M
net assets · Ln 32
Cash and savingsLn 1–2$4.6M
Total assetsLn 16$21.7M
LiabilitiesLn 26$12.0M
PeoplePt VI, VII
12
listed · VII A
PaidVII A9
Voting boardVI 1a12
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.8M
Government grantsLn 1e$1.3M
Fees for servicesLn 2g$7.6M
Investment incomeLn 3$4K
Other incomeLn 4–11$20
Total revenueLn 12$9.5M
Assets in detailPt X, end of year
CashLn 1$4.3M
SavingsLn 2$307K
Cash and savings togetherLn 1–2$4.6M
Land, buildings, equipmentLn 10c$16.8M
Other assetsLn 15$307K
Total assetsLn 16$21.7M
LiabilitiesLn 26$12.0M
Net assetsLn 32$9.7M
OperationsPt I, VI
EmployeesI 5282
VolunteersI 6100
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$2.8M$4.6M
Land, buildings, equipmentLn 10c$16.5M$16.8M
Total assetsLn 16$19.5M$21.7M
LiabilitiesLn 26$11.8M$12.0M
Net assetsLn 32$7.7M$9.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$432K$432K
Pay of current officers, directors and key staffLn 5$506K$406K$96K$4K
Other salaries and wagesLn 7$3.6M$2.9M$688K$32K
Other employee benefitsLn 9$240K$192K$45K$2K
Payroll taxesLn 10$312K$250K$59K$3K
Accounting feesLn 11c$21K$21K
Advertising and promotionLn 12$8K$8K
Information technologyLn 14$168K$119K$49K
OccupancyLn 16$210K$210K
TravelLn 17$118K$118K
Conferences, conventions and meetingsLn 19$122K$122K
InterestLn 20$660K$660K
Depreciation, depletion and amortizationLn 22$512K$487K$26K
InsuranceLn 23$84K$80K$4K
Other expenses (24a–d)Ln 24$884K$706K$176K$2K
All other expensesLn 24e$184K$143K$40K$417
Total functional expensesLn 25$8.1M$6.2M$1.9M$43K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $11.2M$9.1M$2.2M$17.6M 990 PDF
FY2024 $14.2M$8.7M$5.5M$15.3M 990 PDF
FY2023 Viewing $9.5M$8.1M$1.4M$9.7M 990 PDF
FY2022 $7.5M$7.2M$340K$7.7M 990 PDF
FY2021 $7.5M$6.4M$1.1M$7.4M 990 PDF
FY2020 $5.7M$6.2M−$539K$6.3M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $9,480,000 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $223,421$1,837,583
I-9 Program service revenuePrior year $7,264,085$7,638,311
I-10 Investment incomePrior year $122$4,086
I-11 Other revenuePrior year $17,245$20
I-12 Total revenuePrior year $7,504,873$9,480,000
I-13 Grants and similar amounts paidPrior year $413,715$432,041
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $4,034,853$4,696,971
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $2,716,734$2,971,746
I-18 Total expensesPrior year $7,165,302$8,100,758
I-19 Revenue less expensesPrior year $339,571$1,379,242
Part VI · Governance 3 of 12 board members independent, 2 to look at
VI-1a Voting members of the governing body12
VI-1b Independent voting members3
VI-2 Family or business relationship among officers or directorsYes
VI-13 Written whistleblower policyNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $9,480,000 across 6 lines filed
Lines not itemized here account for $9,770 of total revenue; see the IRS return.
VIII-1e Government grants$1,346,326
VIII-1f All other contributions, gifts and grants$491,257
VIII-1h Total contributions, gifts and grants$1,837,583
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $7,628,561$7,628,561
VIII-3 Investment incomeExcluded from tax $4,086$4,086
VIII-12 Total revenueRelated to mission $7,638,331 · Unrelated business $0 · Excluded from tax $4,086$9,480,000
Part IX · Statement of functional expenses $8,100,758 across 16 lines filed
IX-2 Grants to domestic individualsPrograms $432,041$432,041
IX-5 Pay of current officers, directors and key staffPrograms $405,598 · Management $95,502 · Fundraising $4,455$505,555
IX-7 Other salaries and wagesPrograms $2,920,239 · Management $687,527 · Fundraising $32,027$3,639,793
IX-9 Other employee benefitsPrograms $192,389 · Management $45,300 · Fundraising $2,113$239,802
IX-10 Payroll taxesPrograms $250,169 · Management $58,904 · Fundraising $2,748$311,821
IX-11c Accounting feesManagement $21,255$21,255
IX-12 Advertising and promotionManagement $8,013$8,013
IX-14 Information technologyPrograms $119,187 · Management $49,254$168,441
IX-16 OccupancyPrograms $209,550$209,550
IX-17 TravelPrograms $118,144$118,144
IX-19 Conferences, conventions and meetingsPrograms $122,353$122,353
IX-20 InterestManagement $659,890$659,890
IX-22 Depreciation, depletion and amortizationPrograms $486,638 · Management $25,612$512,250
IX-23 InsurancePrograms $80,103 · Management $4,216$84,319
IX-24 Other expenses (24a–d)Programs $706,184 · Management $176,074 · Fundraising $1,642$883,900
IX-24e All other expensesPrograms $142,876 · Management $40,338 · Fundraising $417$183,631
IX-25 Total functional expensesPrograms $6,185,471 · Management $1,871,885 · Fundraising $43,402$8,100,758
Part X · Balance sheet $21,727,722 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $2,621,174$4,279,610
X-2 Savings and temporary cash investmentsStart of year $179,264$306,639
X-8 Inventories for sale or useStart of year $27,039$0
X-9 Prepaid expenses and deferred chargesStart of year $0$27,096
X-10c Land, buildings and equipment, netStart of year $16,483,991$16,807,044
X-15 Other assetsStart of year $28,936$307,333
X-16 Total assetsStart of year $19,478,165$21,727,722
X-17 Accounts payable and accrued expensesStart of year $541,188$563,353
X-19 Deferred revenueStart of year $2,656,138$2,688,340
X-25 Other liabilitiesStart of year $0$281,037
X-26 Total liabilitiesStart of year $11,784,357$11,981,735
X-27 Net assets without donor restrictionsStart of year $7,693,808$9,374,637
X-28 Net assets with donor restrictions$371,350
X-32 Total net assets or fund balancesStart of year $7,693,808$9,745,987
X-33 Total liabilities and net assetsStart of year $19,478,165$21,727,722
Part XI · Reconciliation of net assets $9,745,987 net assets at year end
XI-1 Total revenue$9,480,000
XI-2 Total expenses$8,100,758
XI-3 Revenue less expenses$1,379,242
XI-4 Net assets at start of year$7,693,808
XI-6 Donated services and use of facilities$32,789
XI-8 Prior period adjustments$640,148
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$9,745,987

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.