Skip to content

Tennessee · Nonprofit

VERITAS MINISTRIES INC

VERITAS MINISTRIES INC (Tennessee) receives grants from 2 organizations whose IRS filings report $20,732 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($20,150). 2 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$1.2M
Funders on record
2
Grants received
$21k
Net assets
$244k
2/2 repeat funderspeak grant-dependency 2%
01What it does

What Veritas Ministries Inc does

Mission

The academy provides private classical christian based education to its students

As stated on its FY2025 Form 990.

Program

  1. Trinitas classical academy emphasizes the pursuit of truth, goodness, and beauty in every subject through a classical curriculum that integrates faith and learning. Students are taught to think critically, communicate effectively, and engage the world with discernment and grace. The school offers a comprehensive program in the humanities, mathematics, and sciences, along with enrichment in fine arts, music, athletics (including cross country, trap shooting, beginning gymnastics, and chess), and community service. Trinitas is committed to forming lifelong learners who love the lord with all their heart, soul, mind, and strength.

    $1,011,834 spent$936,011 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $1,011,834.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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 = 20172017 Revenue 100 ($532k) Expenses 100 ($527k) Net assets -163 ($-398682)2018 Revenue 85 ($453k) Expenses 102 ($535k) Net assets -197 ($-481280)2019 Revenue 108 ($574k) Expenses 101 ($533k) Net assets -181 ($-440527)2020 Revenue 107 ($568k) Expenses 131 ($689k) Net assets -230 ($-560906)2021 Revenue 154 ($821k) Expenses 123 ($649k) Net assets -200 ($-486553)2022 Revenue 173 ($920k) Expenses 148 ($781k) Net assets -143 ($-347650)2023 Revenue 192 ($1.0M) Expenses 163 ($857k) Net assets -75 ($-182493)2024 Revenue 195 ($1.0M) Expenses 168 ($885k) Net assets -13 ($-32417)2025 Revenue 222 ($1.2M) Expenses 192 ($1.0M) Net assets 100 ($244k)
'17'18'19'20'21'22'23'24'25
Revenue (222)Expenses (192)Net assets (100)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 2020 to 2021, from $152k to $1.1M (+653%).

$242k
$196k
$212k
$152k
$1.1M
$1.3M
$1.4M
$1.6M
$1.7M
'17'18'19'20'21'22'23'24'25
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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 3% · 2021 9% · 2025 3%. Grants only. Government contracts and fees sit inside program revenue.

16% of VERITAS MINISTRIES INC’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. 2 of the last 9 reported years ran a deficit.

$5k
’17
−$83k
’18
$41k
’19
−$120k
’20
$171k
’21
$139k
’22
$165k
’23
$150k
’24
$168k
’25
7.4
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.

Board chair

Charlotte Davis

Chairman

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed786658688
Joined·+2+0+1+2+3+0+3+1
No longer listed·12130211
03Who funds it

Who funds it, year by year

2018 → 2023: the base held at 1 funder, grant income fell $5k → $159.

Funder
'18
'19
'20
'21
'22
'23
total
funders
1
1
1
2
1
1

2 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 100% 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 MINISTRIES INC’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 MINISTRIES INC leans on a few funders — its largest provides 97% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% 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 MINISTRIES INC.

97%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2018 100% · 2019 100% · 2020 100% · 2021 97% · 2022 100% · 2023 100% — broadly stable.

“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

100% of VERITAS MINISTRIES INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Too little is directly attributable to place on a map.

Funder states come from each funder’s own filing. $21k arriving through sponsors registered in 2 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 MINISTRIES INC runs a healthier operating margin than half of the 9,398 education nonprofits its size.

Operating margin14% · above the median
Months of reserve7.4mo · above the median
Revenue growth (annualized)10% · above the median

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

Organizations like VERITAS MINISTRIES INC

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 Tennessee

Nationally

05Profile & governance

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

Where the money goes

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

6
board members
83%
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 MINISTRIES INC: 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 MINISTRIES INC?
VERITAS MINISTRIES INC (Tennessee) receives grants from 2 organizations whose IRS filings report $20,732 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($20,150). 2 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does VERITAS MINISTRIES INC have?
IRS filings report 2 organizations giving $20,732 in grants to VERITAS MINISTRIES INC, 2 of which have funded it in more than one year.
Who is the largest funder of VERITAS MINISTRIES INC?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $20,150 in grants. The full list of funders is on this page.
How can an organization like VERITAS MINISTRIES INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Tennessee. 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 Ministries →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 2 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