Nonprofit · EIN 87-2137618
VERATHON ACADEMY INC
Also known as VERATHON ACADEMY
Tax-exempt · PORTLAND, OR 97224
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $10,932 | $39,814 | -$28,882 | $43,587 | $363 | $43,224 |
| December 31, 2024 | 990 | $195,967 | $302,981 | -$107,014 | $72,819 | $713 | $72,106 |
| December 31, 2023 | 990 | $139,999 | $156,863 | -$16,864 | $94,037 | $755 | $93,282 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $10,932
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Occupancy
- $3,750
- Travel
- $4
- Program services (functional)
- $18,551
- Management and general (functional)
- $21,263
Balance sheet and other
- Total assets, start of year
- $72,819
- Total assets, end of year
- $43,587
- Total liabilities, end of year
- $363
- Net assets, end of year
- $43,224
- Gross receipts
- $10,932
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2021
- State of legal domicile
- OR
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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES BISENIUS | PRESIDENT Trustee or director, Officer | 1 | $0 |
| RICHARD OKELLO | BOARD MEMBER Officer | 1 | $0 |
| BRYAN PEREBOOM | SECRETARY Officer | 1 | $0 |
| KEITH NIX | BOARD MEMBER Officer | 1 | $0 |
990 for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES BISENIUS | PRESIDENT Trustee or director, Officer | 1 | $0 |
| RICHARD OKELLO | BOARD MEMBER Officer | 1 | $0 |
| BRYAN PEREBOOM | SECRETARY Officer | 1 | $0 |
| KEITH NIX | BOARD MEMBER Officer | 1 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES BISENIUS | PRESIDENT Trustee or director, Officer | 1 | $0 |
| RICHARD OKELLO | BOARD MEMBER Officer | 1 | $0 |
| BRYAN PEREBOOM | SECRETARY Officer | 1 | $0 |
| KEITH NIX | BOARD MEMBER Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 15350 SW SEQUOIA PKWY STE 250, PORTLAND, OR 97224-7174
- Principal officer (990 for 2025)
- JAMES BISENIUS, 15350 SW SEQUOIA PARKWAY 250, PORTLAND, OR 97224
- Signed the 990
- JAMES BISENIUS, PRESIDENT
- Phone
- (503) 523-9265
- Website
- HTTPS://VERATHONACADEMY.COM/
- Return prepared by
- PITTARD & HILLS PC
Mission
VERATHON ACADEMY IS A PLATFORM FOR PROFESSIONAL POD/MICRO "SCHOOLS". OUR GOAL IS TO ENABLE PERSONALIZED PRIVATE EDUCATION, EVERYWHERE. VERATHON ACADEMY COMBINES THE TRANSPARENCY, PERSONALIZATION, FLEXIBILITY, AND RELATIONAL TRUST OF THE BEST HOMESCHOOLING COOPERATIVES WITH THE IN-PERSON PROFESSIONAL TEACHING, ACADEMIC RIGOR, EXPERT NETWORK ACCESS, ADMINISTRATIVE OVERSIGHT, AND OVERALL CULTURE MAKING OF EXCEPTIONAL PRIVATE CHRISTIAN SCHOOLING.
Program accomplishments
- VERATHON ACADEMY IS A PLATFORM FOR PROFESSIONAL POD/MICRO "SCHOOLS". OUR GOAL IS TO ENABLE PERSONALIZED PRIVATE EDUCATION, EVERYWHERE. VERATHON ACADEMY COMBINES THE TRANSPARENCY, PERSONALIZATION, FLEXIBILITY, AND RELATIONAL TRUST OF THE BEST HOMESCHOOLING COOPERATIVES WITH THE IN-PERSON PROFESSIONAL TEACHING, ACADEMIC RIGOR, EXPERT NETWORK ACCESS, ADMINISTRATIVE OVERSIGHT, AND OVERALL CULTURE MAKING OF EXCEPTIONAL PRIVATE CHRISTIAN SCHOOLING.Expenses $18,551 · revenue $10,932
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 87-2137618
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2023
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Education (B90)
- Assets (IRS master file)
- $43,587
- Income (IRS master file)
- $10,932
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $10,932 | $39,814 | $43,587 | XML |
| 990 | December 2024 | $195,967 | $302,981 | $72,819 | XML |
| 990 | December 2023 | $139,999 | $156,863 | $94,037 | XML |
| 990 | December 2022 | $349,293 | $313,135 | $111,226 | 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 87-2137618).
Questions about VERATHON ACADEMY INC
- What is the EIN of VERATHON ACADEMY INC?
- The employer identification number (EIN) of VERATHON ACADEMY INC is 87-2137618.
- Is VERATHON ACADEMY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to VERATHON ACADEMY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VERATHON ACADEMY INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of VERATHON ACADEMY INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did VERATHON ACADEMY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of VERATHON ACADEMY INC?
- The 990 for the year ended December 31, 2025 names JAMES BISENIUS.
- Who are the officers and directors of VERATHON ACADEMY INC?
- The 990 for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does VERATHON ACADEMY INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $10,932, expenses of $39,814 and total assets of $43,587 at year end.
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