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
8 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $15,312,148↑103% | $14,195,044↑89% | $57,632,560↓3% | — |
| 2022 | $7,557,877↑22% | $7,505,415↑27% | $59,577,290↑234% | — |
| 2021 | $6,204,963↑5% | $5,888,652↑9% | $17,856,247↑5% | — |
| 2020 | $5,934,847↑24% | $5,407,139↑12% | $16,961,736↑3% | — |
| 2019 | $4,776,835↑28% | $4,840,867↑24% | $16,401,312↓2% | — |
| 2018 | $3,729,096↑14% | $3,893,465↑22% | $16,675,680↑3167% | — |
| 2017 | $3,271,825↑192% | $3,178,627↑220% | $510,454↑2% | — |
| 2016 | $1,120,189 | $992,077 | $501,170 | — |
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 67/100 (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 $18.2M in annual revenue and holds $59.3M in total assets, based on IRS filings.