THE VERITAS FORUM INC Charity Report

Public IRS 990 nonprofit record

THE VERITAS FORUM INC

EIN 20-5616941 · Religious Media & Communications (X80)

What they do

to CREATE and ENCOURAGE FORUMS, PRIMARILY ON UNIVERSITY CAMPUSES, THAT PUT THE CHRISTIAN FAITH IN DIALOGUE WITH OTHER BELIEFS and INVITE PARTICIPANTS FROM ALL BACKGROUNDS to PURSUE TRUTH TOGETHER.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $74.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders15 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

87.41%of revenue went to mission work74.9% of expenses · Program services

18.23%of revenue went to fundraising15.6% of expenses

$116.69spent for every $100 of revenueSpending was higher than revenue this year.

11.05%of revenue went to management and office costs9.5% of expenses

$0.78in assets for every $1 spent this yearSome assets cannot be spent right away.

97.2%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $995,244 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $372,796 for ANDREW SCHUMAN (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$5,964,867

Mission workProgram services$5,213,59687.41% of revenue74.9% of expenses

ManagementOffice and general costs$658,94411.05% of revenue9.5% of expenses

FundraisingAsking for donations$1,087,57118.23% of revenue15.6% of expenses

Total expenses$6,960,111116.69% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 74.9% mission · 9.5% management · 15.6% fundraisingTotal expenses: 116.69% of revenue

2023Expense mix: 74.8% mission · 9.7% management · 15.6% fundraisingTotal expenses: 81.46% of revenue

2022Expense mix: 74.9% mission · 9.8% management · 15.3% fundraisingTotal expenses: 111.91% of revenue

2021Expense mix: 77.3% mission · 7.6% management · 15.1% fundraisingTotal expenses: 75.50% of revenue

2020Expense mix: 71.3% mission · 8.1% management · 20.7% fundraisingTotal expenses: 78.49% of revenue

2019Expense mix: 73.6% mission · 7.1% management · 19.4% fundraisingTotal expenses: 74.08% of revenue

Money in and money out

Revenue$5,964,867

Expenses$6,960,111

Annual shortfall $995,244 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$5,213,596 · 74.9% of expenses

Management and office costs$658,944 · 9.5% of expenses

Fundraising$1,087,571 · 15.6% of expenses

See all reported dollar amounts

Revenue$5,964,867

Expenses$6,960,111

Assets$5,450,688

Income$5,984,571

Contributions$5,797,555

Mission work (program services)$5,213,596

Fundraising$1,087,571

Grants given$150,366

Average grant$25,061

Management and general$658,944

Accounting fees$74,526

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

ANDREW SCHUMANEXECUTIVE DIRECTOR · 40 hrs/week $372,796Base $344,458 · Other $28,338

MICHAEL LEECHIEF OPERATING OFFICER · 40 hrs/week $272,457

CAROL FAUSNAUGHTVICE PRESIDENT OF DEVELOPMENT · 40 hrs/week $231,250

JARED DAUGHERTYVICE PRESIDENT OF THE VERITAS SCHOLARS PROGRAM · 40 hrs/week $189,667

BETHANY JENKINSVICE PRESIDENT OF MEDIA · 40 hrs/week $183,259Base $174,175 · Other $9,084

ASHLEY BYRDVICE PRESIDENT, UNIVERSITY PARTNERS · 40 hrs/week $170,401Base $144,997 · Other $25,404

NATHAN HATCHTRUSTEE · 10 hrs/week $120,300

MARK CAMPISANOSECRETARY · 10 hrs/week $13,000

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (15)

ANDREW SCHUMANEXECUTIVE DIRECTOR

MICHAEL LEECHIEF OPERATING OFFICER

CAROL FAUSNAUGHTVICE PRESIDENT OF DEVELOPMENT

JARED DAUGHERTYVICE PRESIDENT OF THE VERITAS SCHOLARS PROGRAM

BETHANY JENKINSVICE PRESIDENT OF MEDIA

ASHLEY BYRDVICE PRESIDENT, UNIVERSITY PARTNERS

NATHAN HATCHTRUSTEE

MARK CAMPISANOSECRETARY

ANDREA MCDANIEL SMITHTRUSTEE

ANNIE TSAITRUSTEE

BEN CHELFBOARD CHAIR

CULLEN BUIETRUSTEE

GRACE NICOLETTETRUSTEE

KEN MILLERTRUSTEE

TED CALLAHANTREASURER

About this charity

Recognized since: January 2007
Location: PO BOX 380807, CAMBRIDGE, MA 02238
County: Middlesex
In care of: ANDREW SCHUMAN
Primary officer: ANDREW SCHUMAN, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Phone(617) 491-2055

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: EASY OFFICE DBA JITASA
NTEE classification: Religious Media & Communications (X80)
IRS tax category: Religious Media & Communications
Grant-giving organization: Yes