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$19,737,78011%$20,912,54311%$1,800,24914%
2022$17,821,1645%$18,924,5986%$2,100,80438%
2021$18,749,52213%$17,839,9064%$3,381,23740%
2020$16,526,7029%$17,146,5594%$5,609,17820%
2019$18,170,653125%$16,447,723104%$4,680,51816%
2018$8,059,51146%$8,058,12747%$4,046,5386%
2017$14,960,295$15,115,9532%$4,284,8633%
2016$14,912,4733%$14,841,3225%$4,420,7855%
2015$15,368,8133%$15,644,6401%$4,219,669
2014$14,931,4371%$15,528,1582%$4,217,9422%
2013$14,733,56812%$15,248,10312%$4,150,1051%
2012$16,716,5086%$17,377,3203%$4,091,5807%
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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