Heritage Classical Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 240,878 | 178,376 | 62,502 | 8.2 | 62% |
| 2012 | 264,894 | 195,494 | 69,400 | 11.8 | 63% |
| 2013 | 298,655 | 247,371 | 51,284 | 11.8 | 69% |
| 2014 | 333,329 | 287,009 | 46,320 | 12.1 | 66% |
| 2015 | 280,281 | 358,559 | −78,278 | 7.1 | 71% |
| 2016 | 436,720 | 400,257 | 36,463 | 7.4 | 71% |
| 2017 | 620,543 | 561,308 | 59,235 | 6.5 | 70% |
| 2018 | 872,866 | 860,969 | 11,897 | 4.4 | 71% |
| 2019 | 1,645,977 | 1,339,914 | 306,063 | 5.6 | 68% |
| 2020 | 3,392,862 | 1,623,080 | 1,769,782 | 17.7 | 67% |
| 2021 | 2,680,404 | 2,126,778 | 553,626 | 16.6 | 65% |
| 2022 | 3,599,401 | 3,079,800 | 519,601 | 13.5 | 47% |
| 2023 | 4,787,206 | 3,827,591 | 959,615 | 13.9 | 50% |
In its most recent public year (2023), this organization brought in $959,615 more than it spent. Its reserves stood at about 13.9 months of spending, up from 8.2 in 2011. Staff pay was 50% of spending. $361,804 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Heritage Classical Academy's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works