Overview
What is Veritas Academy Inc?
Veritas Academy Inc, located at 26 Hillcrest Ave, Leola, PA 17540, is a nonprofit organization dedicated to providing classical Christian education to students from kindergarten through twelfth grade. Their mission is to nurture loving, serving, and thoughtful individuals through this educational approach. To achieve this goal, they invest in their dedicated staff, offer marketing and field trip opportunities, facilitate extra-curricular activities, and manage a lunch program. With a team of 83 employees, Veritas Academy Inc strives to instill grammar, dialectic, and rhetoric principles in their students, empowering them with a comprehensive and faith-based educational experience.
Official website here: www.veritasacademy.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars
Veritas Academy Inc has received a "Needs Improvement" rating from Charity Navigator, scoring 71%. This rating indicates that while the organization shows strengths in certain areas, there are key aspects that could benefit from enhancement. Notably, the organization has 100% independent board members and a high program expense ratio of 84.09%, demonstrating a commitment to directing funds towards its programs.
However, there are significant limitations that impact its overall rating. The absence of a whistleblower policy and a document retention and destruction policy are critical gaps in governance. Additionally, while the academy has a good liabilities to assets ratio, the overall accountability and finance score reflects the need for improved transparency and operational safeguards.
In conclusion, while Veritas Academy Inc has demonstrated solid performance in its financial practices and board independence, the missing policies suggest areas for improvement that could bolster the organization's integrity and accountability in the eyes of stakeholders.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Veritas Academy Inc?
92% of 22 reviewers on Facebook recommend Veritas Academy Inc. Here is a summary of their reviews:
The sentiment towards Veritas Academy is overwhelmingly positive, with families appreciating the nurturing environment that the school provides. Many parents highlight the warmth and friendliness of the staff, noting that their children are thriving both academically and personally. The teachers are frequently praised for their expertise and genuine care, which plays a significant role in students’ development.
In addition to a solid foundation in core subjects, the academy is recognized for its well-rounded curriculum that includes Bible study, Latin, music, and art, reinforcing its commitment to a Classical Christian education. Overall, reviewers express satisfaction with the quality of education and the holistic approach towards student learning and growth in this haven of learning.
This AI summary has been generated from reviews found on Facebook.
Is Veritas Academy Inc legitimate?
Veritas Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Veritas Academy Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,273,775
For more financial information, click here
Official website here: www.veritasacademy.com
What is the mission statement of Veritas Academy Inc?
Veritas Academy Inc's mission is centered around educating students from grades K-12 using the classical Christian education method. Their goal is to cultivate loving, serving, and thinking individuals. To achieve this, they employ various strategies such as incorporating grammar, dialectic, and rhetoric into their teaching. They strive to accomplish this mission through their dedicated staff, offering competitive salaries, organizing field trips, providing extra-curricular activities, managing a lunch program, and engaging in marketing efforts.
Official website here: www.veritasacademy.com
Who is the CEO of Veritas Academy Inc?
Kevin Ream is the Chairman of Veritas Academy Inc.
Official website here: www.veritasacademy.com
What is the revenue of Veritas Academy Inc?
Veritas Academy Inc's revenue in 2023 was $4,273,600.
Official website here: www.veritasacademy.com
Who are the executives of Veritas Academy Inc and what are their salaries?
The average compensation at Veritas Academy Inc during 2023 was $27,395. There are 83 employees and 336 volunteers at Veritas Academy Inc.
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Official website here: www.veritasacademy.com
Where can I find the form 990 for Veritas Academy Inc?
Veritas Academy Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.veritasacademy.com
Learn more at the official website: www.veritasacademy.com
Mission Statement of Veritas Academy Inc
Veritas Academy Inc, a classical Christian K-12 school, is dedicated to educating its students using the classical Christian education method. Their mission is multifaceted, aiming to cultivate students who are not only loving and serving but also capable thinkers. To accomplish this, they employ a variety of strategies beyond just teaching grammar, dialectic, and rhetoric.
The dedicated staff at Veritas Academy Inc work tirelessly to ensure that their educational approach is effective. They invest in their team through competitive salaries, providing them with the necessary motivation and commitment. Moreover, the school offers a range of supplementary activities, such as field trips and extra-curricular programs, to enrich the learning experience and engage students beyond the classroom.
Furthermore, Veritas Academy Inc values the importance of a well-rounded education. They offer a lunch program, ensuring that students have nutritious meals to fuel their minds and bodies. This holistic approach to education is reflected in their mission to nurture students who are not only academically sound but also well-equipped to contribute positively to their communities.
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Impact
July, 2024
Veritas Academy Inc, a Classical Christian K-12 school in Leola, PA, has a significant impact on the community by educating students in grades K-12 using the classical Christian education method. Their mission to cultivate loving, serving, and thinking students is evident in the work they do, from providing dedicated staff with fair salaries to offering enriching extracurricular activities and a lunch program. Through their commitment to this mission, Veritas Academy Inc positively influences the development and growth of their students, preparing them to be well-rounded individuals with a strong foundation in academics and values.
This information is meant to be a general summary of Veritas Academy Inc. 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 2023.
- Investment Income: $13,705
- Program Service Revenue: $2,741,155
- Gross Receipts: $4,273,600
Assets and Liabilities:
- Total Assets: $6,159,185
- Total Liabilities: $3,274,359
- Net Assets: $2,884,826
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION & FEES
Revenue
$2,479,449
PRESCHOOL TUITION
Revenue
$86,556
LUNCH PROGRAM
Revenue
$67,455
FIELD TRIPS
Revenue
$36,764
ATHLETIC INCOME
Revenue
$26,037
Organization Details
Founding Year
1996
Phone
(717) 556-0690Principal Officer
Kevin Ream
Main Address
26 HILLCREST AVE, LEOLA, PA, 17540
Website
www.veritasacademy.comNTEE Category
Code: B20Z - Education
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