Nonprofit · EIN 27-2918042
VERITAS BAPTIST COLLEGE INC
Tax-exempt · LAWRENCEBURG, IN 47025
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2026 | 990 | $1,929,860 | $1,891,118 | $38,742 | $868,157 | $355,069 | $513,088 |
| June 30, 2025 | 990 | $1,773,652 | $1,715,557 | $58,095 | $768,797 | $226,172 | $542,625 |
| June 30, 2024 | 990 | $1,382,284 | $1,317,694 | $64,590 | $660,060 | $175,530 | $484,530 |
| June 30, 2023 | 990 | $1,109,374 | $1,217,419 | -$108,045 | $552,820 | $132,880 | $419,940 |
Financial details: 990 for the year ended June 30, 2026
Revenue
- Contributions, gifts and grants
- $138,201
- Program service revenue
- $1,776,390
- Investment income
- $15,269
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $290,184
- Compensation of officers, directors and key employees
- $154,798
- Other salaries and wages
- $874,030
- Salaries, compensation and benefits (total)
- $1,141,943
- Professional fundraising fees
- $0
- Accounting fees
- $12,000
- Occupancy
- $6,927
- Travel
- $111,841
- Depreciation
- $918
- Program services (functional)
- $1,273,402
- Management and general (functional)
- $539,561
- Fundraising (functional)
- $78,155
Balance sheet and other
- Total assets, start of year
- $768,797
- Total assets, end of year
- $868,157
- Total liabilities, end of year
- $355,069
- Net assets, end of year
- $513,088
- Land, buildings and equipment
- $6,875
- Net assets without donor restrictions
- $494,076
- Net assets with donor restrictions
- $19,012
- Gross receipts
- $1,929,860
- Employees
- 61
- Volunteers
- 9
- Year formed
- 2010
- State of legal domicile
- IN
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, 2026, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MIKE LESTER | PRESIDENT Trustee or director, Officer | 40 | $86,898 |
| SHERRY DAVIS | CFO Officer | 40 | $67,900 |
| BRENT ARMSTRONG | DIRECTOR Trustee or director | – | $0 |
| KENNY BALDWIN | DIRECTOR Trustee or director | – | $0 |
| ANDREW BUNNELL | DIRECTOR Trustee or director | – | $0 |
| JAMISON COPPOLA | DIRECTOR Trustee or director | – | $0 |
| CATHY DOTSON | DIRECTOR Trustee or director | – | $0 |
| TIM RABON | DIRECTOR Trustee or director | – | $0 |
| MIKE REID | VICE CHAIRMA Trustee or director, Officer | – | $0 |
| KURT SKELLY | CHAIRMAN Trustee or director, Officer | – | $0 |
990 for the year ended June 30, 2025: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MIKE LESTER | PRESIDENT Trustee or director, Officer | 40 | $85,847 |
| SHERRY DAVIS | CFO Officer | 40 | $67,112 |
| BRENT ARMSTRONG | DIRECTOR Trustee or director | 1 | $0 |
| KENNY BALDWIN | DIRECTOR Trustee or director | 1 | $0 |
| ANDREW BUNNELL | DIRECTOR Trustee or director | 1 | $0 |
| JAMISON COPPOLA | DIRECTOR Trustee or director | 1 | $0 |
| CATHY DOTSON | DIRECTOR Trustee or director | 1 | $0 |
| TIM RABON | DIRECTOR Trustee or director | 1 | $0 |
| MIKE REID | VICE CHAIRMA Trustee or director, Officer | 1 | $0 |
| KURT SKELLY | CHAIRMAN Trustee or director, Officer | 1 | $0 |
990 for the year ended June 30, 2024: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MIKE LESTER | PRESIDENT Trustee or director, Officer | 40 | $85,797 |
| SHERRY DAVIS | CFO Officer | 40 | $66,012 |
| BRENT ARMSTRONG | DIRECTOR Trustee or director | 1 | $0 |
| KENNY BALDWIN | DIRECTOR Trustee or director | 1 | $0 |
| ANDREW BUNNELL | DIRECTOR Trustee or director | 1 | $0 |
| FRED CHRISTIAN | DIRECTOR Trustee or director | 1 | $0 |
| JAMISON COPPOLA | DIRECTOR Trustee or director | 1 | $0 |
| CATHY DOTSON | DIRECTOR Trustee or director | 1 | $0 |
| TIM RABON | DIRECTOR Trustee or director | 1 | $0 |
| MIKE REID | VICE CHAIRMA Trustee or director, Officer | 1 | $0 |
| KURT SKELLY | CHAIRMAN Trustee or director, Officer | 1 | $0 |
990 for the year ended June 30, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MIKE LESTER | PRESIDENT Trustee or director, Officer | 40 | $68,513 |
| SHERRY DAVIS | CFO Officer | 40 | $67,862 |
| BRENT ARMSTRONG | DIRECTOR Trustee or director | 2 | $0 |
| KENNY BALDWIN | DIRECTOR Trustee or director | 2 | $0 |
| ANDREW BUNNELL | DIRECTOR Trustee or director | 2 | $0 |
| FRED CHRISTIAN | DIRECTOR Trustee or director | 2 | $0 |
| JAMISON COPPOLA | DIRECTOR Trustee or director | 2 | $0 |
| CATHY DOTSON | DIRECTOR Trustee or director | 2 | $0 |
| MIKE REID | VICE CHAIRMA Trustee or director, Officer | 2 | $0 |
| KURT SKELLY | CHAIRMAN Trustee or director, Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 208 WALNUT ST STE 115, LAWRENCEBURG, IN 47025-2099
- Principal officer (990 for 2025)
- MIKE LESTER, 208 WALNUT STREET, SUITE 115, LAWRENCEBURG, IN 47025
- Signed the 990
- MIKE LESTER, PRESIDENT
- Website
- WWW.VBC.EDU
- Return prepared by
- DAVID C MOJA CPA
Mission
VERITAS BAPTIST COLLEGE EXISTS TO EQUIP MEN AND WOMEN FOR DYNAMIC CHRISTIAN SERVICE AND LEADERSHIP IN BIBLE-BELIEVING CHURCHES BY PROVIDING HIGHER EDUCATION THAT EMPHASIZES ACADEMIC EXCELLENCE, SPIRITUAL DEVELOPMENT, AND PREPARATION FOR MINISTRY, BOTH LAY AND PROFESSIONAL.
Program accomplishments
- VERITAS BAPTIST COLLEGE EXISTS TO AID LOCAL CHURCHES IN THEIR TASK OF EQUIPPING CHRISTIANS TO FULFILL THE GREAT COMMISSION. GOD HAS GRACIOUSLY GATHERED A DEDICATED AND QUALIFIED FACULTY TO EQUIP BELIEVERS TO DO THE WORK OF THE MINISTRY IN ORDER TO BUILD THE BODY OF CHRIST. THE GOAL IS MORE THAN IMPARTING ACADEMIC KNOWLEDGE; IT IS LEADING EACH STUDENT TO SPIRITUAL MATURITY AND CHRIST-LIKENESS. THE COLLEGE CURRICULUM IS ORGANIZED TO PURSUE THIS OBJECTIVE IN A FOURFOLD MANNER. 1.TO TRAIN LEADERS AND WORKERS TO SERVE IN LOCAL CHURCHES AND CHRISTIAN SCHOOLS. 2.TO TRAIN PASTORS AND MISSIONARIES TO PLANT AND LEAD LOCAL CHURCHES. 3.TO PROVIDE CONTINUING EDUCATION FOR PASTORS AND CHURCH STAFF MEMBERS WHO ARE SERVING IN LOCAL CHURCHES. 4.TO PROVIDE CHRISTIANS THE OPPORTUNITY FOR SPIRITUAL GROWTH AND SPIRITUAL ENRICHMENT. SINCE 1984, FACULTY AND ADMINISTRATION OF VERITAS HAVE DEVELOPED PERSONAL MENTORING RELATIONSHIPS WITH THEIR STUDENTSFOCUSING ON STUDENTS UNIQUE PERSONAL AND MINISTRY NEEDS. VBC CONTINUES TO ACCOMPLISH ITS PURPOSE WITH 334 GRADUATES IN 46 STATES, 2 US TERRITORIES, AND 15 FOREIGN COUNTRIES ACROSS 6 PROGRAMS AND 20 SPECIALIZATIONS. IN THE 2021-2022 SCHOOL YEAR, WE HAD THE PRIVILEGE TO HELP TRAIN 251 STUDENTS. AT VERITAS BAPTIST COLLEGE, WE BELIEVE THE COST OF EDUCATION SHOULDNT BE A BARRIER TO CHRISTS SERVANTS. WE BELIEVE IT SHOULD BE AFFORDABLE AND FLEXIBLE. TO THAT END, WE ARE COMMITTED TO BRINGING TRUSTED LEADERS DIRECTLY TO STUDENTS. STAY HOME, SERVE LOCALLY, AND CONNECT GLOBALLY WITH OTHER LIKE-MINDED BELIEVERS PURSUING THEIR TRAINING. ONE BACHELORS GRADUATE WHO HAS RETURNED FOR AN ADVANCED DEGREE STATED, THROUGH VERITAS I HAVE EARNED A DEGREE, I HAVE GROWN IN THE GRACE AND KNOWLEDGE OF CHRIST, I HAVE GAINED FRIENDSHIPS WITH PEOPLE ALL ACROSS THE WORLD, AND I HAVE GAINED MANY VALUABLE LESSONS THAT HAVE SHAPED WHO I AM TODAY ALL WHILE SERVING EXACTLY WHERE GOD HAS CALLED ME RIGHT HERE RIGHT NOW.Expenses $1,273,402 · grants $290,184 · revenue $1,776,390
What it must file and when
IRS records say it files Not required (religious organization). 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 | 990 on file |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 27-2918042
- 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
- Not required (religious organization)
- Category (NTEE)
- Education (B50)
- Assets (IRS master file)
- $868,157
- Income (IRS master file)
- $1,929,860
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2026 | $1,929,860 | $1,891,118 | $868,157 | XML |
| 990 | June 2025 | $1,773,652 | $1,715,557 | $768,797 | XML |
| 990 | June 2024 | $1,382,284 | $1,317,694 | $660,060 | XML |
| 990 | June 2023 | $1,109,374 | $1,217,419 | $552,820 | XML |
| 990 | June 2022 | $1,024,760 | $1,137,282 | $617,304 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | 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 27-2918042).
Questions about VERITAS BAPTIST COLLEGE INC
- What is the EIN of VERITAS BAPTIST COLLEGE INC?
- The employer identification number (EIN) of VERITAS BAPTIST COLLEGE INC is 27-2918042.
- Is VERITAS BAPTIST COLLEGE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to VERITAS BAPTIST COLLEGE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VERITAS BAPTIST COLLEGE INC file?
- Form Not required (religious organization).
- When is the next return of VERITAS BAPTIST COLLEGE INC due?
- The return for tax year 2026 (the year ending June 30, 2027) is due November 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did VERITAS BAPTIST COLLEGE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2026.
- Who is the principal officer of VERITAS BAPTIST COLLEGE INC?
- The 990 for the year ended June 30, 2026 names MIKE LESTER.
- Who are the officers and directors of VERITAS BAPTIST COLLEGE INC?
- The 990 for the year ended June 30, 2026 lists 10 people; 2 received compensation from the organization, the highest $86,898 (MIKE LESTER, PRESIDENT).
- How much revenue does VERITAS BAPTIST COLLEGE INC have?
- On its 990 for the year ended June 30, 2026 it reported revenue of $1,929,860, expenses of $1,891,118 and total assets of $868,157 at year end.
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