Heritage Schools INC

Provo, Utah

CHealth Score
36C

Financial Health Score

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

Below Average

How This Organization Compares

Compared to 3 peers in Mental Health & Crisis Intervention with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org-0.12×
Peer Median1.36×
💰
$19.7M
Total Revenue
📊
$20.9M
Total Expenses
🏦
-$2.5M
Net Assets
📋
$4.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+10.8%
Year-over-year change (2022 → 2023)
Net Margin
-6.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.12
Net assets divided by total expenses
Liabilities-to-Assets
237.3%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$19,737,780↑11%$20,912,543↑11%$1,800,249↓14%
2022$17,821,164↓5%$18,924,598↑6%$2,100,804↓38%
2021$18,749,522↑13%$17,839,906↑4%$3,381,237↓40%
2020$16,526,702↓9%$17,146,559↑4%$5,609,178↑20%
2019$18,170,653↑125%$16,447,723↑104%$4,680,518↑16%
2018$8,059,511↓46%$8,058,127↓47%$4,046,538↓6%
2017$14,960,295$15,115,953↑2%$4,284,863↓3%
2016$14,912,473↓3%$14,841,322↓5%$4,420,785↑5%
2015$15,368,813↑3%$15,644,640↑1%$4,219,669
2014$14,931,437↑1%$15,528,158↑2%$4,217,942↑2%
2013$14,733,568↓12%$15,248,103↓12%$4,150,105↑1%
2012$16,716,508↓6%$17,377,320↓3%$4,091,580↑7%
2011$17,774,542$17,968,616$3,807,073

Frequently Asked Questions

What does Heritage Schools INC do?▼

Heritage Schools INC is a mental health & crisis intervention nonprofit organization based in Utah. It is classified under NTEE code F31Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Heritage Schools INC financially healthy?▼

Based on our 9-metric Financial Health Score model, Heritage Schools INC has a score of 36/100 (Grade: C). 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 Schools INC generate?▼

Heritage Schools INC reports $21.5M in annual revenue and holds $2.3M in total assets, based on IRS filings.

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