Overview
What is Veritas Education Foundation?
Veritas Education Foundation is a nonprofit organization that focuses on empowering low-income students through various educational initiatives. Their scholarship program provides financial aid, while their elite coaching sessions prepare students to compete against top talent. Moreover, Veritas Education Foundation introduces students to college opportunities, offering them guidance and mentorship from successful business leaders. Their unique approach to education leverages athletics as a means to create career paths for these students, thereby fostering their overall development and success.
Is Veritas Education Foundation legitimate?
Veritas Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Veritas Education Foundation 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: $0
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What is the mission statement of Veritas Education Foundation?
The Veritas Education Foundation's mission, as stated, is centered around utilizing athletics as a means to facilitate career opportunities for low-income students. This is achieved through various initiatives, including providing scholarships, offering elite coaching, organizing competitions against top-tier talent, and introducing students to the prospects of higher education. The foundation also offers mentorship from business leaders, providing valuable insights and guidance. The ultimate goal is to empower these students, equipping them with the skills and connections necessary to build successful careers.
Who is the CEO of Veritas Education Foundation?
George Zedan is the President of Veritas Education Foundation.
What is the revenue of Veritas Education Foundation?
Veritas Education Foundation's revenue in 2023 was $290,533.
Who are the executives of Veritas Education Foundation and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Veritas Education Foundation?
Veritas Education Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Veritas Education Foundation
Veritas Education Foundation, a nonprofit organization, aims to utilize athletics as a means to foster career opportunities for low-income students. Their mission is centered around providing scholarships, elite coaching, and exposing students to top-level competition. This exposure not only enhances their athletic skills but also introduces them to college prospects. Additionally, the foundation offers mentorship from successful business leaders, providing valuable guidance and insights that can aid in their future career paths. By leveraging athletics, Veritas Education Foundation seeks to empower these students and set them on a path toward successful careers.
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Impact
October, 2024
Veritas Education Foundation has made a significant impact in the community of Santa Fe Springs, CA, primarily through its focus on education and recreation. By providing opportunities for engagement and development, the foundation has fostered an environment where individuals can grow both academically and personally. Its programs aim to empower participants, promoting lifelong learning and skill-building while also enhancing recreational activities.
The foundation has played a crucial role in addressing educational disparities, ensuring that access to quality learning experiences is available to a diverse range of individuals. This commitment to education is complemented by recreational initiatives that encourage teamwork, physical wellness, and community involvement. Overall, Veritas Education Foundation is dedicated to creating positive change and enriching the lives of the individuals it serves, thereby contributing to the overall well-being of the community.
This information is meant to be a general summary of Veritas Education Foundation. 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: $3
- Program Service Revenue: $290,530
- Gross Receipts: $290,533
Assets and Liabilities:
- Total Assets: $5,443
- Total Liabilities: $69,500
- Net Assets: -$64,057
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Corp Contributions
Revenue
$20,000
sponsorship
Revenue
$270,530
Organization Details
Founding Year
2021
Principal Officer
George Zedan
Main Address
10141 Freeman Ave, Santa Fe Springs, CA, 90670
NTEE Category
Code: N99 - Recreation
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