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.
Good
How This Organization Compares
Compared to 73 peers in Education with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $18,101,048↑20% | $15,947,703↑16% | $33,737,315↑71% | — |
| 2022 | $15,049,784↑12% | $13,689,819↑7% | $19,748,664↑8% | — |
| 2021 | $13,455,385↑32% | $12,806,289↑21% | $18,363,649↑1% | — |
| 2020 | $10,208,481↑67% | $10,593,329↑61% | $18,216,595 | — |
| 2019 | $6,131,169↑15% | $6,577,358↑26% | $18,249,500↑300% | — |
| 2018 | $5,310,030↓6% | $5,232,201↓1% | $4,564,472↓3% | — |
| 2017 | $5,643,262↓1% | $5,259,285↑9% | $4,686,631 | — |
| 2016 | $5,690,964↑13% | $4,828,655↑16% | $4,703,691↑59% | — |
| 2015 | $5,025,622↓2% | $4,152,849↓16% | $2,966,594↑9% | — |
| 2014 | $5,117,694↑17% | $4,921,423↑14% | $2,719,970↑11% | — |
| 2013 | $4,386,519↓1% | $4,315,263↑5% | $2,453,234↓1% | — |
| 2012 | $4,432,779↑9% | $4,101,175↑15% | $2,471,533↓6% | — |
| 2011 | $4,064,257 | $3,551,831 | $2,616,644 | — |
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 66/100 (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 $12.4M in annual revenue and holds $21.2M in total assets, based on IRS filings.