Skip to main content

Nonprofit · EIN 46-1289382

VERITAS PREPARATORY SCHOOL INC

Tax-exempt · GREENVILLE, SC 29601

Financials

$1.9M$1.8M2022$2.5M$2.1M2023$3M$2.7M2024
Revenue Expenses · by fiscal year end
Financials of VERITAS PREPARATORY SCHOOL INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$3,016,189$2,714,453$301,736$1,412,931$320,701$1,092,230
June 30, 2024990$2,518,835$2,052,698$466,137$1,052,408$261,914$790,494
June 30, 2023990$1,944,772$1,837,392$107,380$524,852$200,496$324,356
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$222,434
Program service revenue
$2,735,534
Investment income
$58,221
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$1,787,163
Salaries, compensation and benefits (total)
$1,955,256
Professional fundraising fees
$0
Accounting fees
$4,319
Occupancy
$292,140
Program services (functional)
$2,329,461
Management and general (functional)
$357,801
Fundraising (functional)
$27,191

Balance sheet and other

Total assets, start of year
$1,052,408
Total assets, end of year
$1,412,931
Total liabilities, end of year
$320,701
Net assets, end of year
$1,092,230
Net assets without donor restrictions
$1,092,230
Gross receipts
$3,016,189
Employees
65
Year formed
2012
State of legal domicile
SC

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.

NameTitleHours / weekCompensation
JON MCCORDHEADMASTER
Officer
40$144,000
WILL BRAGDONDIRECTOR
Trustee or director
1$0
JORDAN CHESTNUTSECRETARY
Trustee or director, Officer
2$0
BOB INGRAMDIRECTOR
Trustee or director
1$0
ADAM MCKEEDIRECTOR
Trustee or director
1$0
MATT MILLERDIRECTOR
Trustee or director
1$0
BEN WALLACECHAIRMAN
Trustee or director, Officer
3$0
COURTNEY WARRENDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2024: 5 people
NameTitleHours / weekCompensation
JON MCCORDHEADMASTER
Officer
40$122,334
WILL BRAGDONDIRECTOR
Trustee or director
1$0
BOB INGRAMDIRECTOR
Trustee or director
1$0
MATT MILLERSECRETARY
Trustee or director, Officer
1$0
BEN WALLACECHAIRMAN
Trustee or director, Officer
3$0
990 for the year ended June 30, 2023: 4 people
NameTitleHours / weekCompensation
JON MCCORDHEADMASTER
Officer
40$96,130
WILL BRAGDONDIRECTOR
Trustee or director
1$0
MATT MILLERSECRETARY
Trustee or director, Officer
1$0
BEN WALLACECHAIRMAN
Trustee or director, Officer
3$0

Address and contacts

Address (IRS master file)
701 CLEVELAND ST, GREENVILLE, SC 29601-4410
In care of
% BEN C WALLACE
Mailing address (990-N for 2012)
Post Office Box 9621, Greenville SC 29604
Principal officer (990 for 2024)
BEN WALLACE, PO BOX 9621, GREENVILLE, SC 296049307
Principal officer (990-N for 2012)
Ben Wallace, Post Office Box 9621, GREENVILLE SC 29604
Signed the 990
BEN WALLACE, CHAIRMAN
Phone
(864) 320-0095
Return prepared by
SAUNDERS O'DELL PA

Mission

TO PROVIDE A QUALITY EDUCATION FOR CHILDREN WHILE ENABLING PARENTS TO BE ACTIVELY ENGAGED IN THE EDUCATION PROCESS.

990 for the year ended June 30, 2025

Program accomplishments

  • EDUCATION OF CHILDREN THROUGH ACADEMIC INSTRUCTION, SPIRITUAL DEVELOPMENT, AND TRAINING PARENTS TO BE EFFECTIVE EDUCATORS AT HOME.
    Expenses $2,329,461 · revenue $2,735,534

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
46-1289382
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
2014
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B99)
Assets (IRS master file)
$1,412,931
Income (IRS master file)
$3,016,189

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$3,016,189$2,714,453$1,412,931IRS
990June 2024$2,518,835$2,052,698$1,052,408XML
990June 2023$1,944,772$1,837,392$524,852XML
990June 2022–––IRS
990June 2021–––IRS
990June 2019–––IRS
990June 2018–––IRS
990-N for 2012
Officer: Ben Wallace
December 31, 2012≤ $50,000 receipts––e-Postcard

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 46-1289382).

Questions about VERITAS PREPARATORY SCHOOL INC

What is the EIN of VERITAS PREPARATORY SCHOOL INC?
The employer identification number (EIN) of VERITAS PREPARATORY SCHOOL INC is 46-1289382.
Is VERITAS PREPARATORY SCHOOL INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to VERITAS PREPARATORY SCHOOL INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does VERITAS PREPARATORY SCHOOL INC 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 PREPARATORY SCHOOL INC 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 PREPARATORY SCHOOL INC 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 PREPARATORY SCHOOL INC?
The 990 for the year ended June 30, 2025 names BEN WALLACE.
Who are the officers and directors of VERITAS PREPARATORY SCHOOL INC?
The 990 for the year ended June 30, 2025 lists 8 people; 1 received compensation from the organization, the highest $144,000 (JON MCCORD, HEADMASTER).
How much revenue does VERITAS PREPARATORY SCHOOL INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $3,016,189, expenses of $2,714,453 and total assets of $1,412,931 at year end.

Other nonprofits in GREENVILLE

All nonprofits in GREENVILLE · South Carolina · Education