Z — UnclassifiedEIN: 412005352

Heritage Christian Academy

Maple Grove, Minnesota

AHealth Score
91A

Financial Health Score

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

Excellent

How This Organization Compares

Compared to 111 peers in Unclassified with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org4.12×
Peer Median5.86×
💰
$19.8M
Total Revenue
📊
$7.1M
Total Expenses
🏦
$29.4M
Net Assets
📋
$8.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+83.0%
Year-over-year change (2023 → 2024)
Net Margin
+64.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
4.12
Net assets divided by total expenses
Liabilities-to-Assets
23.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2024$19,803,061↑83%$7,118,508↑14%$38,215,162↑56%
2023$10,819,293↑57%$6,265,391↑6%$24,486,796↑24%
2022$6,877,585↑14%$5,889,928↑20%$19,822,730↑4%
2021$6,046,769↑21%$4,905,898↑4%$19,054,621↑7%
2020$5,012,882↑15%$4,717,931↑3%$17,861,234↑7%
2019$4,354,282$4,595,589↑3%$16,620,477↓3%
2018$4,364,828↓9%$4,475,769↑1%$17,165,346↓5%
2017$4,808,419↑5%$4,444,983↑6%$17,996,370↓2%
2016$4,579,111↑2%$4,182,041↓1%$18,409,751
2015$4,481,464↓3%$4,215,380↑4%$18,494,498↓2%
2014$4,616,536↑1%$4,060,511↑2%$18,968,602↓1%
2013$4,577,560↑7%$3,989,067$19,173,576↑2%
2012$4,276,261$3,992,072$18,881,259

Frequently Asked Questions

What does Heritage Christian Academy do?▼

Heritage Christian Academy is a unclassified nonprofit organization based in Minnesota. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Heritage Christian Academy financially healthy?▼

Based on our 9-metric Financial Health Score model, Heritage Christian Academy has a score of 91/100 (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 Christian Academy generate?▼

Heritage Christian Academy reports $14.3M in annual revenue and holds $44.5M in total assets, based on IRS filings.

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