2024-04-25T14:21:45-05:00 2023-06-30 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2022-07-01 273800650 FRIENDS OF VERITAS PREPARATORY CHARTER SCHOOL INC FRIE 4135390055 370 PINE STREET SPRINGFIELD MA 01105 RACHEL ROMANO PRESIDENT 4135390055 2024-04-24 1 RACHEL ROMANO XXX-XX-XXXX 1 CAITLIN LIMOGES CPA P01633588 5083669100 2024-04-24 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z RACHEL ROMANO 370 PINE STREET SPRINGFIELD MA 01105 361556 0 X HTTP://VERITASPREPCHARTERSCHOOL.ORG X 2010 MA TO ASSIST IN THE ESTABLISHMENT, DEVELOPMENT, IMPROVEMENT AND EXPANSION OF EDUCATIONAL OPPORTUNITIES, FACILITIES AND PROGRAMS OF VERITAS PREPARATORY CHARTER SCHOOL AND TO ASSIST ATTENDING STUDENTS AND TEACHERS IN REALIZING THEIR EDUCATIONAL GOALS. 5 4 0 4 0 0 66105 61877 1091970 299548 310 131 3188 0 1161573 361556 0 65591 0 0 0 0 0 0 0 1079570 181726 1079570 247317 82003 114239 6265627 5852199 5668910 5141243 596717 710956 TO ASSIST IN THE ESTABLISHMENT, DEVELOPMENT, IMPROVEMENT AND EXPANSION OF EDUCATIONAL OPPORTUNITIES, FACILITIES AND PROGRAMS OF VERITAS PREPARATORY CHARTER SCHOOL AND TO ASSIST ATTENDING STUDENTS AND TEACHERS IN REALIZING THEIR EDUCATIONAL GOALS. 0 0 234017 65591 299548 TO ASSIST IN THE ESTABLISHMENT, DEVELOPMENT, IMPROVEMENT AND EXPANSION OF EDUCATIONAL OPPORTUNITIES, FACILITIES AND PROGRAMS OF VERITAS PREPARATORY CHARTER SCHOOL AND TO ASSIST ATTENDING STUDENTS AND TEACHERS IN REALIZING THEIR EDUCATIONAL GOALS. 234017 1 1 0 0 0 0 0 0 0 0 1 0 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MA X RACHEL ROMANO 4135390055 370 PINE STREET SPRINGFIELD MA 01105 RACHEL ROMANO PRESIDENT 1.00 40.00 X X 0 180103 19200 AARON MENDELSON TREASURER 1.00 0.50 X X 0 0 0 LISA DOHERTY CLERK 1.00 0.50 X X 0 0 0 LINDSAY HALDEMAN DIRECTOR 1.00 X 0 0 0 CARL WISTREICH DIRECTOR 1.00 X 0 0 0 0 180103 19200 0 0 1 0 0 61877 61877 RENTAL INCOME 531390 178788 178788 INTEREST INCOME ON CAP 900099 120760 120760 299548 131 131 361556 299548 0 131 65591 65591 13300 13300 1000 1000 98187 98187 68748 68748 MISCELLANEOUS 491 491 247317 234017 13300 0 229362 134572 260128 3300000 435404 2933344 2864596 2842793 2672889 0 180142 6265627 5852199 3253 2840511 2668113 2825146 2473130 5668910 5141243 X 590586 710416 6131 540 596717 710956 6265627 5852199 114239 0 X X 0 1 X 1 1 1 X X 1 VERITAS PREPARATORY CHARTER SCHOOL 275470237 6 1 65591 0 1 65591 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 PART IV, SECTION A, LINE 2: VERITAS PREPARATORY CHARTER SCHOOL IS A GOVERNMENTAL UNIT CHARTERED BY THE COMMONWEALTH OF MASSACHUSETTS. VERITAS PREPARATORY CHARTER SCHOOL QUALIFIES UNDER SECTION 509(A)(1) AS A GOVERNMENTAL UNIT. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 550110 550110 2749890 435404 2314486 2864596 LEASE RECEIVABLE 2672889 C 2672889 DEFERRED INFLOW OF RESOURCES, NET 2473130 2473130 X PART X, LINE 2: THE FOUNDATION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH FASB ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE FOUNDATION HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AT JUNE 30, 2023. FRIENDS' INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS. 1 VERITAS PREPARATORY CHARTER SCHOOL 370 PINE STREET SPRINGFIELD MA 01105 275470237 170(B)(1)(A)(V) 65591 0 TO SUPPORT THE SCHOOL'S OPERATIONS. 1 0 0 0 0 0 0 0 0 0 RACHEL ROMANO PRESIDENT 0 180103 0 0 0 0 0 0 0 19200 0 199303 0 0 PART I, LINE 3 THE PRESIDENT IS COMPENSATED BY VERITAS PREPARATORY CHARTER SCHOOL THROUGH A WRITTEN EMPLOYMENT CONTRACT. A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 NONEAVAIL 2017-05-03 3630000 FOR PROPERTY ACCQUSITION AND RENOVATIONS 0 0 0 A 961887 3630000 65847 3300000 2017 0 0 1 1 A 0 0 0 0 0 0 0 A 0 1 0 0 1 0 0 0 0 A 0 FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO ITS SUBMISSION, THE FORM 990 IS PRESENTED AT A BOARD OF DIRECTORS MEETING AND IS REVIEWED BY THE CHAIR OF THE BOARD. THE CHAIR AUTHORIZES THE EXECUTIVE DIRECTOR TO SIGN AND FILE THE 990. FORM 990, PART VI, SECTION B, LINE 12C VERITAS REQUIRES AN ANNUAL SIGN OFF FROM DIRECTORS DISCLOSING RELATIONSHIPS THAT COULD GIVE RISE TO CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 VERITAS MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC THROUGH THE COMMONWEALTH OF MASSACHUSETTS ATTORNEY GENERAL'S PUBLIC CHARITY DIVISION OR UPON REQUEST. FORM 990, PART XII, LINE 2C: THE BOARD OF DIRECTORS OF VERITAS ASSUMES OVERSIGHT OF THE AUDIT AS WELL AS APPROVAL OF THE INDEPENDENT ACCOUNTANT. VERITAS PREPARATORY CHARTER SCHOOL 370 PINE STREET SPRINGFIELD MA 01105 273800650 CHARTER SCHOOL MA 170(B)(1)(A)(V) N/A N/A 0 0 1 1 0 1 0 0 0 0 1 0 0 1 0 0 0 0 0 0