VETERUM SAPIENTIA INSTITUTE INC Charity Report

Public IRS 990 nonprofit record

VETERUM SAPIENTIA INSTITUTE INC

EIN 85-2628713 · Special Education (B28)

What they do

to Teach Living Latin to Educators, Clergy and Lay Persons Such That They Are Enriched In Knowledge of Writings, Texts, and Traditions of Church Gathers and Timeless Philosophers.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $49.90 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 2023The report may be old. Ask for a newer one.

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

They name their leaders5 people are listed in the latest report.

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

Money made simple

46.26%of revenue went to mission work49.9% of expenses · Program services

3.51%of revenue went to fundraising3.8% of expenses

$92.67spent for every $100 of revenueRevenue covered expenses this year.

42.90%of revenue went to management and office costs46.3% of expenses

$0.32in assets for every $1 spent this yearSome assets cannot be spent right away.

39.6%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.

Pay context: The highest compensation shown in this filing is $68,929 for CHRISTOPHER OWENS (CHIEF EXECUTIVE OFFICER). 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 2023

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$373,088

Mission workProgram services$172,59046.26% of revenue49.9% of expenses

ManagementOffice and general costs$160,05642.90% of revenue46.3% of expenses

FundraisingAsking for donations$13,0943.51% of revenue3.8% of expenses

Revenue left after expensesReported annual surplus$27,3487.33% of revenueShown in gray on the chart

Total expenses$345,74092.67% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Money in and money out

Revenue$373,088

Expenses$345,740

Annual surplus $27,348 Revenue was higher than expenses 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)$172,590 · 49.9% of expenses

Management and office costs$160,056 · 46.3% of expenses

Fundraising$13,094 · 3.8% of expenses

See all reported dollar amounts

Revenue$373,088

Expenses$345,740

Assets$110,741

Income$373,088

Contributions$147,588

Mission work (program services)$172,590

Fundraising$13,094

Management and general$160,056

People

Leadership and board

Tax year 2023

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

People reported as paid

Person and titleCompensation

CHRISTOPHER OWENSCHIEF EXECUTIVE OFFICER · 40 hrs/week $68,929

NANCY LLEWELLYNCO-FOUNDER · 4 hrs/week $4,887

JOHN PEPINOACADEMIC DEAN · 4 hrs/week $4,517

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 (5)

CHRISTOPHER OWENSCHIEF EXECUTIVE OFFICER

NANCY LLEWELLYNCO-FOUNDER

JOHN PEPINOACADEMIC DEAN

ERIC HEWETTCO-FOUNDER

JASON BARONECO-FOUNDER

About this charity

Recognized since: January 2020
Location: 5088 ABBINGTON WAY, BELMONT, NC 28012-2353
County: Gaston
In care of: % NANCY LLEWELLYN
Primary officer: Christopher Owens, CEO

How to reach them

WebsiteVisit the charity’s website Phone(828) 468-8929

Filing and classification

Latest tax year: 2023
Tax period began: September 1, 2023
Return type: 990
NTEE classification: Special Education (B28)
IRS tax category: Special Education