Veritas Ministries Inc
Franklin, Tennessee
BHealth Score
64B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
How This Organization Compares
Compared to 4 peers in Education with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
This Org-0.21×
Peer Median20.77×
💰
$1.0M
Total Revenue
📊
$857K
Total Expenses
🏦
-$182K
Net Assets
📋
$1.6M
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+11.0%
Year-over-year change (2022 → 2023)
Net Margin
+16.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.21
Net assets divided by total expenses
Liabilities-to-Assets
113.0%
Total liabilities as % of total assets
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,021,877↑11% | $856,720↑10% | $1,399,486↑12% | — |
| 2022 | $920,376↑12% | $781,473↑22% | $1,253,190↑362% | — |
| 2021 | $820,563↑44% | $641,146↓7% | $271,211↑78% | — |
| 2020 | $568,436↓1% | $688,815↑29% | $152,474↓28% | — |
| 2019 | $574,198↑27% | $533,445 | $211,863↑8% | — |
| 2018 | $452,892↓15% | $535,490↑2% | $195,972↓19% | — |
| 2017 | $531,812↓22% | $527,211↓10% | $241,553↑2% | — |
| 2016 | $680,674↑16% | $589,016↓11% | $236,952↑63% | — |
| 2015 | $587,533↓14% | $659,037↑2% | $145,294↓33% | — |
| 2014 | $683,929↑2% | $648,208↓1% | $216,756↑20% | — |
| 2013 | $672,227↓17% | $651,897↓18% | $181,035↑22% | — |
| 2012 | $809,429↑438% | $790,585↑261% | $148,805↑1392% | — |
| 2011 | $150,534↓40% | $218,852↓48% | $9,974↑7% | — |
| 2010 | $248,909 | $418,068 | $9,292 | — |
Frequently Asked Questions
What does Veritas Ministries Inc do?▼
Veritas Ministries Inc is a education nonprofit organization based in Tennessee. It is classified under NTEE code B24 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Veritas Ministries Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Veritas Ministries Inc.
How much revenue does Veritas Ministries Inc generate?▼
Veritas Ministries Inc reports $1.2M in annual revenue and holds $1.7M in total assets, based on IRS filings.