Veritas Foundation
Plymouth, Minnesota
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 20 peers in Philanthropy, Voluntarism & Grantmaking with <$100K revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
10 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $2,592,139↑2813% | $326,454↓43% | $7,920,887↑42% | — |
| 2022 | -$95,534↓112% | $577,643↑164% | $5,569,667↓11% | — |
| 2021 | $794,231↑1380% | $219,111↓8% | $6,252,158↑10% | — |
| 2020 | $53,647↓96% | $237,595↓86% | $5,674,317↓3% | — |
| 2019 | $1,478,991↑5006% | $1,643,886↑276% | $5,865,962↓12% | — |
| 2015 | $28,966↓93% | $437,071↓26% | $6,669,212↓6% | — |
| 2014 | $399,430↑120% | $594,492↓27% | $7,071,953↓3% | — |
| 2013 | $181,434↓62% | $810,751↑51% | $7,267,979↓8% | — |
| 2012 | $476,126↑21% | $537,608↑1% | $7,905,404↓1% | — |
| 2011 | $394,947 | $534,067 | $7,978,730 | — |
Frequently Asked Questions
What does Veritas Foundation do?▼
Veritas Foundation is a philanthropy, voluntarism & grantmaking nonprofit organization based in Minnesota. It is classified under NTEE code T22 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Veritas Foundation financially healthy?▼
Based on our 9-metric Financial Health Score model, Veritas Foundation has a score of 71/100 (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 Veritas Foundation generate?▼
Revenue data for Veritas Foundation is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.
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