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Filing year 2023

VERITAS ACADEMY

Austin, Texas·EIN 20-1632745·NTEE B20 · Education·501(c)(3)
Total revenue
$14.2M
Total assets
$27.1M
Total expenses
$8.7M
Reported officers
14
Mission

THE MISSION OF VERITAS ACADEMY IS TO PARTNER WITH CHRISTIAN PARENTS TO PROVIDE THEIR CHILDREN WITH A CLASSICAL CHRISTIAN EDUCATION FOR THE LIFELONG PURSUIT OF WISDOM AND VIRTUE IN THE SERVICE OF JESUS CHRIST FOR THE GLORY OF GOD. ITS COLLABORATIVE APPROACH INTEGRATES PROFESSIONAL INSTRUCTION WITH PARENT-MENTORED STUDY AND DISCIPLESHIP TO CULTIVATE GENUINE FAITH IN CHRIST, GODLY VIRTUE, AND EXCELLENCE IN ACADEMICS AND WORKMANSHIP.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 12 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations in Texas.

Head of School
Officer (Unspecified)
$152k
$166k
Base
$121k
Bonus
Other
Benefits
$31k
Athletic Director
Highest Compensated Employee
25th percentile to median
$134k
$146k
Board Member/trustee
Officer (Unspecified)
$111k
$121k
Chief Business Officer
Officer (Unspecified)
$68k
$74k
Board Member/trustee
Board Member
Median to 75th percentile
$46k
$51k
Board Secretary
Median to 75th percentilevs Education peers nationwide
$24k
$26k
Board Member
25th percentile to median
$15k
$17k
Trustee
Board Member
25th percentile to median
$15k
$16k
Board Member
25th percentile to median
$13k
$14k
Board Member
25th percentile to median
$7k
$8k
Board Member
Below 10th percentile
$2k
$2k
Board Chair/trustee
Officer (Unspecified)
$589
$643

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 2 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at VERITAS ACADEMY equaled 2% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
2%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Down 26%
from 2022

From $205k in 2022 to $152k in 2023.

$205k
2022
$152k
2023
In today's dollarsEst.
Down 29% in real terms$234k to $166k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Member pay fell 77% from 2022 to 2023, while revenue rose 50%.

$205k in 2022 to $46k in 2023.
  • Board Secretary pay rose 57% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about VERITAS ACADEMY

What does the Highest Compensated Employee of VERITAS ACADEMY earn?

In 2023, the Highest Compensated Employee of VERITAS ACADEMY received $133,588 in total compensation. This pay is below the median (the midpoint) for Highest Compensated Employee roles among Education organizations in Texas, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at VERITAS ACADEMY compare with similar nonprofits?

Compared with the same role at Education organizations in Texas, the 2023 pay of the Highest Compensated Employee at VERITAS ACADEMY falls between the 25th percentile and the median. In 2023, the highest total compensation at VERITAS ACADEMY equaled 2% of the organization's total expenses. The median for education organizations is 7%.

What are VERITAS ACADEMY's revenue and expenses?

In 2023, VERITAS ACADEMY reported $14.2M in total revenue and $8.7M in total expenses on its IRS Form 990.

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