Nonprofit · EIN 26-4135406
VERITAS COLLEGE PREPARATORY LEADERSHIP ACADEMY
Tax-exempt · MEMPHIS, TN 38106
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,088,935 | $2,292,229 | -$203,294 | $2,444,474 | $1,128,221 | $1,316,253 |
| June 30, 2024 | 990 | $2,449,506 | $2,392,028 | $57,478 | $1,911,211 | $467,307 | $1,443,904 |
| June 30, 2023 | 990 | $2,523,828 | $2,089,334 | $434,494 | $2,012,438 | $626,012 | $1,386,426 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,072,304
- of which government grants
- $2,059,574
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $16,631
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $317,868
- Other salaries and wages
- $1,010,633
- Salaries, compensation and benefits (total)
- $1,661,545
- Professional fundraising fees
- $0
- Accounting fees
- $21,782
- Occupancy
- $247,250
- Depreciation
- $20,296
- Program services (functional)
- $1,759,146
- Management and general (functional)
- $533,083
Balance sheet and other
- Total assets, start of year
- $1,911,211
- Total assets, end of year
- $2,444,474
- Total liabilities, end of year
- $1,128,221
- Net assets, end of year
- $1,316,253
- Land, buildings and equipment
- $53,145
- Net assets without donor restrictions
- $1,316,253
- Gross receipts
- $2,088,935
- Employees
- 25
- Volunteers
- 15
- Year formed
- 2009
- State of legal domicile
- TN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| NICK GETSCHMAN | EXECUTIVE DIRECTOR Officer | 55 | $134,479 | $15,842 |
| ERIC FOLK | TREASURER Trustee or director, Officer | 5 | $0 | $0 |
| RUDY WALKER | SECRETARY Trustee or director | 5 | $0 | $0 |
| CHRISSY GEIBEL | VICE CHAIR Trustee or director | 5 | $0 | $0 |
| TIERNEY JACKSON SMITH | BOARD CHAIR Trustee or director | 5 | $0 | $0 |
990 for the year ended June 30, 2024: 6 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| NICK GETSCHMAN | EXECUTIVE DIRECTOR Officer | 55 | $129,191 | $9,846 |
| SONYA FLECK | TREASURER Trustee or director, Officer | 5 | $0 | $0 |
| LUKE FRANKLIN | TREASURER Trustee or director | 5 | $0 | $0 |
| RUDY WALKER | SECRETARY Trustee or director | 5 | $0 | $0 |
| CHRISSY GEIBEL | VICE CHAIR Trustee or director | 5 | $0 | $0 |
| TIERNEY JACKSON SMITH | BOARD CHAIR Trustee or director | 5 | $0 | $0 |
990 for the year ended June 30, 2023: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| NICK GETSCHMAN | EXECUTIVE DIRECTOR Officer | 55 | $121,598 | $10,459 |
| BRANDON GILMORE | DEAN OF STUDENT LIFE Officer | 50 | $62,383 | $7,249 |
| MIAH ROUSE | DEAN OF STUDENT LIFE Officer | 50 | $60,614 | $8,518 |
| PARKER RHETT | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| MATT WEATHERSBY | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| LIZ MCKEE | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| SONYA FLECK | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| TRAVIS LEMONTE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BETH HALLDORSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| LARA BUTLER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| TIFFANEE WADE-HENDERSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| TIERNEY JACKSON SMITH | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1500 DUNN AVE, MEMPHIS, TN 38106-7318
- Principal officer (990 for 2024)
- NICK GETSCHMAN, 1500 DUNN AVE, MEMPHIS, TN 38106
- Signed the 990
- NICK GETSCHMAN, EXECUTIVE DIRECTOR
- Phone
- (901) 526-1900
- Website
- WWW.VERITASCOLLEGEPREP.ORG
- Return prepared by
- HENDERSON HUTCHERSON & MCCULLOUGH PLLC
Mission
THE ORGANIZATION PREPARES MEMPHIS STUDENTS IN GRADES SIX THROUGH EIGHT TO EXCEL IN HIGH SCHOOL AND COLLEGE AS ACCOMPLISHED SCHOLARS AND TO CONTRIBUTE TO THEIR COMMUNITIES AS ETHICAL LEADERS.
Program accomplishments
- COLLEGE PREPARATORY SCHOOL PROVIDING A QUALITY EDUCATION TO THOSE STUDENTS IN MEMPHIS WHOSE EDUCATIONAL NEEDS ARE NOT BEING MET IN A TRADITIONAL SCHOOL SETTING.Expenses $1,759,146
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 26-4135406
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2010
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B29)
- Assets (IRS master file)
- $2,444,474
- Income (IRS master file)
- $2,088,935
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,088,935 | $2,292,229 | $2,444,474 | IRS |
| 990 | June 2024 | $2,449,506 | $2,392,028 | $1,911,211 | XML |
| 990 | June 2023 | $2,523,828 | $2,089,334 | $2,012,438 | XML |
| 990 | June 2022 | $1,648,675 | $1,566,315 | $2,236,920 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-4135406).
Questions about VERITAS COLLEGE PREPARATORY LEADERSHIP ACADEMY
- What is the EIN of VERITAS COLLEGE PREPARATORY LEADERSHIP ACADEMY?
- The employer identification number (EIN) of VERITAS COLLEGE PREPARATORY LEADERSHIP ACADEMY is 26-4135406.
- Is VERITAS COLLEGE PREPARATORY LEADERSHIP ACADEMY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to VERITAS COLLEGE PREPARATORY LEADERSHIP ACADEMY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VERITAS COLLEGE PREPARATORY LEADERSHIP ACADEMY file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of VERITAS COLLEGE PREPARATORY LEADERSHIP ACADEMY due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did VERITAS COLLEGE PREPARATORY LEADERSHIP ACADEMY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of VERITAS COLLEGE PREPARATORY LEADERSHIP ACADEMY?
- The 990 for the year ended June 30, 2025 names NICK GETSCHMAN.
- Who are the officers and directors of VERITAS COLLEGE PREPARATORY LEADERSHIP ACADEMY?
- The 990 for the year ended June 30, 2025 lists 5 people; 1 received compensation from the organization, the highest $134,479 (NICK GETSCHMAN, EXECUTIVE DIRECTOR).
- How much revenue does VERITAS COLLEGE PREPARATORY LEADERSHIP ACADEMY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,088,935, expenses of $2,292,229 and total assets of $2,444,474 at year end.
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