BEducationEIN: 815081779· Ruling Year: 2017

Heritage Academy Of Nc Inc

Apex, North Carolina

A-Health Score
77A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

💰
$2.4M
Total Revenue
📊
$2.3M
Total Expenses
🏦
$497K
Net Assets
📋
N/A
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+19.7%
Year-over-year change (2022 → 2023)
Net Margin
+4.3%
Revenue minus expenses as % of revenue

Filing History

7 filings on record
YearRevenueExpensesAssets
2023$2,361,35820%$2,258,82616%$497,10926%
2022$1,973,48629%$1,947,75046%$394,5777%
2021$1,524,85524%$1,330,50820%$368,841111%
2020$1,226,34932%$1,112,5693%$174,494187%
2019$931,6639%$1,081,35542%$60,71478%
2018$853,100181%$762,636314%$280,406134%
2017$304,047$184,105$119,942

Frequently Asked Questions

What does Heritage Academy Of Nc Inc do?

Heritage Academy Of Nc Inc is a education nonprofit organization based in North Carolina. It is classified under NTEE code B20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Heritage Academy Of Nc Inc financially healthy?

Based on our 9-metric Financial Health Score model, Heritage Academy Of Nc Inc has a score of 77/100 (Grade: A-). 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 Of Nc Inc generate?

Heritage Academy Of Nc Inc reports $2.8M in annual revenue and holds $409K in total assets, based on IRS filings.

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