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Arizona · Nonprofit

VERITAS ACADEMY OF TUCSON INCORPORATED

VERITAS ACADEMY OF TUCSON INCORPORATED (Arizona) receives grants from 6 organizations whose IRS filings report $168,562 to it, the largest being United Way of Tucson and Southern Arizona Inc ($69,415). 4 of them have funded it in more than one year.

Revenue FY2025
$2.0M
Funders on record
6
Grants received
$169k
Net assets
$635k
4/6 repeat funderspeak grant-dependency 2%
01What it does

What Veritas Academy of Tucson Incorporated does

Mission

Private christian school

As stated on its FY2025 Form 990.

Program

  1. Operating a private christian school

    $1,619,878 spent$1,833,207 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $1,619,878.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20202020 Revenue 100 ($908k) Expenses 100 ($885k) Net assets 100 ($151k)2021 Revenue 116 ($1.1M) Expenses 121 ($1.1M) Net assets 93 ($140k)2022 Revenue 127 ($1.2M) Expenses 123 ($1.1M) Net assets 136 ($205k)2023 Revenue 137 ($1.2M) Expenses 128 ($1.1M) Net assets 209 ($315k)2024 Revenue 187 ($1.7M) Expenses 164 ($1.5M) Net assets 372 ($561k)2025 Revenue 222 ($2.0M) Expenses 219 ($1.9M) Net assets 421 ($635k)
202020212022202320242025
Revenue (222)Expenses (219)Net assets (421)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $1.1M to $331k (−70%).

$1.1M
$1.1M
$331k
$490k
$689k
$792k
202020212022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

9% of VERITAS ACADEMY OF TUCSON INCORPORATED’s revenue is contributions — about as donation-reliant as the typical peer (48% for the typical peer).

This organization
Typical peer · 12,352 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 6 reported years ran a deficit.

$23k
’20
−$11k
’21
$65k
’22
$110k
’23
$246k
’24
$74k
’25
1.8
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

202020212022202320242025
Listed99912911
Joined·+6+1+4+1+2
No longer listed·61140
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 2 funders to 4 funders, grant income fell $76k → $30k.

3 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 50% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of VERITAS ACADEMY OF TUCSON INCORPORATED’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

VERITAS ACADEMY OF TUCSON INCORPORATED leans on a few funders — its largest provides 41% of grant income and the top three 89%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

98% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund VERITAS ACADEMY OF TUCSON INCORPORATED.

41%
largest funder
89%
top three
~3
effective funders

Largest funder’s share by year: 2017 87% · 2018 100% · 2019 100% · 2020 98% · 2021 97% · 2022 98% · 2023 47% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

95% of VERITAS ACADEMY OF TUCSON INCORPORATED's grant income comes from Arizona funders.

AZ
TX

In-state vs out-of-state, by year

’17
’23
Arizona out of state home

Funder states come from each funder’s own filing. $84k arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

VERITAS ACADEMY OF TUCSON INCORPORATED has grown faster than three-quarters of the 9,398 education nonprofits its size.

Operating margin4% · above the median
Months of reserve1.8mo · below the median
Revenue growth (annualized)17% · top quartile

this organization peer median middle 50% of peers· 9,398 education nonprofits $1M–$10M, FY2025

Organizations like VERITAS ACADEMY OF TUCSON INCORPORATED

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Arizona

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

84% of spending goes to programs.

Program 84%Management 9%Fundraising 8%

Governance

10
board members
0%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Screen this organization

A dated, signed PDF of the compliance screen for VERITAS ACADEMY OF TUCSON INCORPORATED: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds VERITAS ACADEMY OF TUCSON INCORPORATED?
VERITAS ACADEMY OF TUCSON INCORPORATED (Arizona) receives grants from 6 organizations whose IRS filings report $168,562 to it, the largest being United Way of Tucson and Southern Arizona Inc ($69,415). 4 of them have funded it in more than one year.
How many funders does VERITAS ACADEMY OF TUCSON INCORPORATED have?
IRS filings report 6 organizations giving $168,562 in grants to VERITAS ACADEMY OF TUCSON INCORPORATED, 4 of which have funded it in more than one year.
Who is the largest funder of VERITAS ACADEMY OF TUCSON INCORPORATED?
United Way of Tucson and Southern Arizona Inc is the largest funder on record, with $69,415 in grants. The full list of funders is on this page.
How can an organization like VERITAS ACADEMY OF TUCSON INCORPORATED find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Arizona. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Veritas Academy of Tucson →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2020–2025), and the filings of 6 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing