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Veritas Academy

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 263751359 ✦ Texarkana, AR ✦ Designated as a 501(c)(3)

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Overview

What is Veritas Academy?

Veritas Academy is a nonprofit educational institution situated in Texarkana, Arkansas. It provides education from Kindergarten to 12th grade, strictly adhering to its Statement of Faith and Purpose as outlined in its bylaws. Despite the challenges posed by the Covid-19 pandemic, the academy served 35 students during the 2020 fiscal year, with a teaching staff of 12 teachers. The academy offers comprehensive education, catering to all grades, and celebrated the graduation of three students during this period. Despite the current circumstances, Veritas Academy remains committed to its educational mission.


Official website here: www.veritasacademytxk.com

Is Veritas Academy legitimate?

Veritas Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Veritas Academy submitted a form 990EZ, 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.veritasacademytxk.com

What is the mission statement of Veritas Academy?

Veritas Academy, as outlined in its bylaws, operates a school from Kindergarten to 12th grade, with a mission closely aligned with its Statement of Faith and Purpose. The academy seeks to educate its students in accordance with these principles. Due to the Covid-19 pandemic, the academy had to temporarily close its school and wind down its activities. In the fiscal year ending June 30, 2020, Veritas Academy served a total of 35 students, employed 12 teachers, and offered classes for all grades from Kindergarten to 12th grade. Despite the challenges posed by the pandemic, the academy managed to graduate three students during this period. While specific details about its mission beyond adhering to its religious beliefs are not provided, it's clear that Veritas Academy places a strong emphasis on education in line with its faith principles.


Official website here: www.veritasacademytxk.com

What is the revenue of Veritas Academy?

Veritas Academy's revenue in 2022 was $5.


Official website here: www.veritasacademytxk.com

Who are the executives of Veritas Academy and what are their salaries?

Here are 3 key members and their salaries:


Richard Hornok (Board Secret)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Ben House (Headmaster)
  • Compensation: $2,650
  • Related: $0
  • Other: $0
Anita Kay Mccraw (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.veritasacademytxk.com

Where can I find the form 990EZ for Veritas Academy?

Veritas Academy's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.veritasacademytxk.com

Learn more at the official website: www.veritasacademytxk.com

Mission Statement of Veritas Academy

Veritas Academy, as outlined in its bylaws, is committed to providing education from Kindergarten through 12th grade. Adhering to its Statement of Faith and Purpose, the academy aims to instill knowledge and values in its students. Despite the challenges posed by the Covid epidemic, Veritas Academy continued to serve a modest number of students, graduating three of them during the fiscal year ending June 30, 2020. The academy was supported by a teaching staff of 12 dedicated individuals, ensuring a comprehensive curriculum was offered for all grades. Despite the closure of its physical school, Veritas Academy remained dedicated to its mission, striving to provide a solid educational foundation for its students.

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Impact




October, 2024

Veritas Academy has made a significant impact on the educational landscape in Texarkana, AR, by providing a structured and values-based learning environment for students from Kindergarten through 12th grade. The school has maintained a focus on its core mission and beliefs, as outlined in its governing documents, which emphasize a strong foundation in faith coupled with academic excellence.

Despite the challenges presented by the Covid-19 pandemic, the academy continued to serve a dedicated group of 35 students during its last fiscal year, nurturing their development through a faculty of 12 experienced teachers. The small class sizes allowed for personalized attention and a tailored learning approach that many families value in their children’s education.

In its final year of operation, Veritas Academy successfully graduated three students, underscoring its commitment to guiding students through their educational journeys, even in uncertain times. The school’s emphasis on spiritual and academic growth left a lasting imprint on the community, demonstrating the profound influence of dedicated educational institutions in fostering both character and intellect in young learners.




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.

Revenue
$5 (2022)
Expenses
$97,187 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $5

Assets and Liabilities:

  • Total Assets: $48,051
  • Total Liabilities: $0
  • Net Assets: $48,051

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Organization Details

NTEE Category

Code: B20 - Education

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