BEducationEIN: 421568361· Ruling Year: 2003

Heritage Classical Academy

Pepper Pike, Ohio

AHealth Score
89A

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 73 peers in Education with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.16×
Peer Median9.48×
💰
$4.8M
Total Revenue
📊
$3.8M
Total Expenses
🏦
$4.4M
Net Assets
📋
$255K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+33.0%
Year-over-year change (2022 → 2023)
Net Margin
+20.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.16
Net assets divided by total expenses
Liabilities-to-Assets
5.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$4,787,20633%$3,827,59124%$4,675,75630%
2022$3,599,40134%$3,079,80045%$3,596,34120%
2021$2,680,40421%$2,126,77831%$2,991,9548%
2020$3,392,862106%$1,623,08021%$2,768,138339%
2019$1,645,97789%$1,339,91456%$630,81390%
2018$872,86641%$860,96953%$332,5626%
2017$620,54342%$561,30840%$312,78425%
2016$436,72056%$400,25712%$250,05217%
2015$280,28116%$358,55925%$213,39826%
2014$333,32912%$287,00916%$290,25519%
2013$298,65513%$247,37127%$244,13626%
2012$264,89410%$195,49410%$193,44657%
2011$240,878$178,376$123,453

Frequently Asked Questions

What does Heritage Classical Academy do?

Heritage Classical Academy is a education nonprofit organization based in Ohio. It is classified under NTEE code B29 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Heritage Classical Academy financially healthy?

Based on our 9-metric Financial Health Score model, Heritage Classical Academy has a score of 89/100 (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 Classical Academy generate?

Heritage Classical Academy reports $12.3M in annual revenue and holds $17.1M in total assets, based on IRS filings.

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