Overview
What is Veritas Academy?
Veritas Academy is a nonprofit organization situated in Austin, Texas, with an address at 13401 Escarpment Blvd, 78739. Established in 2004, this university-model, classical, Christian school embraces a collaborative approach to education, integrating professional instruction with parent-mentored study. Its mission is to support Christian families by providing their children with a classical education founded on a biblical worldview, aiming to foster a lifelong pursuit of knowledge, wisdom, and understanding for the service of Jesus Christ, in the glory of God. Veritas Academy's approach aims to cultivate academic excellence at a college preparatory level, alongside character development. As of the provided information, it employs 268 individuals.
Official website here: www.veritasacademy.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Stars)
Veritas Academy has achieved a Three-Star rating from Charity Navigator, reflecting an overall score of 80%. This score is primarily derived from its Accountability & Finance metrics, suggesting a solid foundation in financial management and oversight. The organization excels in areas such as financial statements audit and oversight and has a commendable program expense ratio, indicating that a significant portion of its funding is directed towards its programs.
However, there are notable areas for improvement. The charity has not established a majority independent board, which could raise concerns about governance. Additionally, the absence of a whistleblower policy and the failure to post tax forms on its website may point to gaps in accountability and transparency. These factors contribute to the overall score, emphasizing the need for enhanced governance practices.
While Veritas Academy demonstrates a strong commitment to financial accountability, the limitations in board independence and policy implementation could affect its operational integrity. Stakeholders may want to consider these aspects when assessing the organization's effectiveness and commitment to best practices in nonprofit management.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Veritas Academy?
82% of reviewers recommend Veritas Academy on Facebook. Here is a summary of their reviews:
Many families express their appreciation for Veritas Academy, describing it as a significant blessing in their educational journey. The unique university model combined with a classical focus is highlighted, along with the advantages of small class sizes and rigorous academic standards. Parents feel that the school embodies the ideals of pursuing what is good, true, and beautiful in education.
Overall, the sentiment towards Veritas Academy is positive, with commendations on its distinctive approach to learning and the supportive environment it fosters for students and families.
This AI summary has been generated from reviews found on Facebook.
Is Veritas Academy legitimate?
Veritas Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Veritas Academy submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $296,484
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,256,898
For more financial information, click here
Official website here: www.veritasacademy.net
What is the mission statement of Veritas Academy?
Veritas Academy's mission is centered around providing a classical education to children, rooted in a biblical worldview. This educational approach aims to empower students to embark on a lifelong pursuit of knowledge, wisdom, and understanding, ultimately serving Jesus Christ with passion and purpose. Veritas Academy accomplishes this mission through a collaborative university-model approach, integrating professional instruction with parent-mentored study and character development, striving for a college-preparatory level of academic excellence. The ultimate goal is to glorify God through this holistic educational journey.
Official website here: www.veritasacademy.net
Who is the CEO of Veritas Academy?
Cameron Cook is the Head Of School/School Board of Veritas Academy.
Official website here: www.veritasacademy.net
What is the revenue of Veritas Academy?
Veritas Academy's revenue in 2022 was $7,504,873.
Official website here: www.veritasacademy.net
Who are the executives of Veritas Academy and what are their salaries?
The average compensation at Veritas Academy during 2022 was $13,259. There are 268 employees and 100 volunteers at Veritas Academy.
Here are 13 key members and their salaries:
- Compensation: $140,328
- Related: $0
- Other: $23,004
- Compensation: $85,313
- Related: $0
- Other: $0
- Compensation: $9,012
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $417
- Related: $0
- Other: $0
- Compensation: $11,791
- Related: $0
- Other: $0
- Compensation: $3,107
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $10,061
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $109,413
- Related: $0
- Other: $0
Official website here: www.veritasacademy.net
Where can I find the form 990 for Veritas Academy?
Veritas Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.veritasacademy.net
Learn more at the official website: www.veritasacademy.net
Mission Statement of Veritas Academy
Veritas Academy, a university-model, classical, Christian school, is dedicated to serving families by collaborating with Christian parents. Their mission is to offer their children a classical education founded on a biblical worldview. This education aims to equip the children with the knowledge, wisdom, and understanding necessary for a lifelong pursuit of serving Jesus Christ, all for the glory of God. Veritas Academy adopts a collaborative/university-model approach, integrating professional instruction with parent-mentored study and character development, to achieve a college-preparatory level of academic excellence. This holistic approach nurtures the students, preparing them to commence their service to Christ with purpose and passion.
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Impact
August, 2024
Veritas Academy's impact lies in its unique approach to education, blending professional instruction with parent-mentored study to provide a classical, Christian foundation for students. By partnering with Christian parents, the school facilitates a lifelong pursuit of knowledge, wisdom, and understanding in service of Jesus Christ. Through this collaborative model, Veritas Academy strives to achieve academic excellence and instill strong character development in its students. This holistic approach equips students to thrive academically, spiritually, and personally, preparing them for a successful future grounded in faith and wisdom.
This information is meant to be a general summary of Veritas Academy. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $122
- Program Service Revenue: $7,264,085
- Gross Receipts: $7,504,873
Assets and Liabilities:
- Total Assets: $19,478,165
- Total Liabilities: $11,784,357
- Net Assets: $7,693,808
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$6,830,682
ATHLETICS
Revenue
$240,920
ACTIVITIES
Revenue
$78,783
OTHER SCHOOL REVENUES
Revenue
$78,736
FACILITIES FEES
Revenue
$34,964
Organization Details
Founding Year
2004
Phone
(512) 891-1673Principal Officer
Cameron Cook
Main Address
13401 ESCARPMENT BLVD, AUSTIN, TX, 78739
Website
www.veritasacademy.netNTEE Category
Code: B20 - Education
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