Verite Inc
Northampton, Massachusetts
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 25 peers in Arts, Culture & Humanities with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $13,460,433↑35% | $12,766,824↑20% | $5,282,808↓3% | |
| 2022 | $9,956,684↓4% | $10,648,457↑22% | $5,458,819↓11% | — |
| 2021 | $10,354,968↑30% | $8,750,222↑5% | $6,111,457↑29% | — |
| 2020 | $7,953,074↓7% | $8,333,157↓12% | $4,736,675↓6% | — |
| 2019 | $8,517,792↑7% | $9,462,257↑26% | $5,060,115↓5% | — |
| 2018 | $7,976,418↓1% | $7,502,790↑8% | $5,313,440↑13% | — |
| 2017 | $8,044,270↑16% | $6,946,429↑5% | $4,683,656↑51% | — |
| 2016 | $6,957,131↑14% | $6,585,951↑8% | $3,109,392↑3% | — |
| 2015 | $6,109,566↓9% | $6,073,433↑3% | $3,016,638↑16% | — |
| 2014 | $6,691,656↑84% | $5,897,412↑31% | $2,600,188↑69% | — |
| 2013 | $3,635,018↓22% | $4,493,891↑26% | $1,534,755↓31% | — |
| 2012 | $4,641,510↑11% | $3,567,763↓25% | $2,208,744↑101% | — |
| 2011 | $4,171,498 | $4,754,294 | $1,098,364 | — |
Frequently Asked Questions
What does Verite Inc do?▼
Verite Inc is a arts, culture & humanities nonprofit organization based in Massachusetts. It is classified under NTEE code A05 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Verite Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Verite Inc has a score of 72/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Verite Inc generate?▼
Verite Inc reports $11.8M in annual revenue and holds $5.0M in total assets, based on IRS filings.
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