Heritage Academy Inc
Mesa, Arizona
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Average
How This Organization Compares
Compared to 4 peers in Education with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
8 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $6,444,551↑23% | $6,211,053↑1% | $16,909,110↑3% | — |
| 2022 | $5,238,156↑7% | $6,141,367↑21% | $16,378,130↓2% | — |
| 2021 | $4,894,705↑3% | $5,095,094↑18% | $16,668,519↓4% | — |
| 2020 | $4,744,928↑21% | $4,304,852↑7% | $17,381,785↑53% | — |
| 2019 | $3,909,823↑8% | $4,041,318↑9% | $11,396,929↓6% | — |
| 2018 | $3,617,713↑2% | $3,723,938↑12% | $12,115,925↑1352% | — |
| 2017 | $3,551,909↑193% | $3,313,394↑211% | $834,353↑27% | — |
| 2016 | $1,212,880 | $1,066,699 | $655,201 | — |
Frequently Asked Questions
What does Heritage Academy Inc do?▼
Heritage Academy Inc is a education nonprofit organization based in Arizona. It is classified under NTEE code B20 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Heritage Academy Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Heritage Academy Inc has a score of 46/100 (Grade: B-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Heritage Academy Inc generate?▼
Heritage Academy Inc reports $7.3M in annual revenue and holds $17.9M in total assets, based on IRS filings.