BEducationEIN: 931222072· Ruling Year: 1997

Veritas School

Newberg, Oregon

B+Health Score
69B+

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 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.22×
Peer Median20.77×
💰
$2.0M
Total Revenue
📊
$2.1M
Total Expenses
🏦
$2.6M
Net Assets
📋
$1.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-13.7%
Year-over-year change (2022 → 2023)
Net Margin
-8.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.22
Net assets divided by total expenses
Liabilities-to-Assets
29.6%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$1,962,53814%$2,137,2068%$3,709,4115%
2022$2,275,32620%$1,975,7027%$3,924,7341%
2021$1,896,07814%$1,847,6481%$3,889,4933%
2020$2,209,16519%$1,824,7884%$3,765,32818%
2019$1,855,47810%$1,754,5365%$3,182,9732%
2018$2,057,92618%$1,838,9508%$3,119,79437%
2017$1,747,4865%$1,708,2954%$2,276,4116%
2016$1,667,0375%$1,641,5574%$2,153,6672%
2015$1,593,6847%$1,581,4752%$2,206,9691%
2014$1,717,3315%$1,553,0151%$2,219,823
2013$1,636,2168%$1,539,2181%$2,213,45610%
2012$1,517,222$1,554,654$2,004,785

Frequently Asked Questions

What does Veritas School do?

Veritas School is a education nonprofit organization based in Oregon. It is classified under NTEE code B20Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Veritas School financially healthy?

Based on our 9-metric Financial Health Score model, Veritas School has a score of 69/100 (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 School generate?

Veritas School reports $2.8M in annual revenue and holds $5.9M in total assets, based on IRS filings.

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