Heritage Academy Of Nc Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 304,047 | 184,105 | 119,942 | 7.8 | 0% |
| 2018 | 853,100 | 762,636 | 90,464 | 3.3 | 58% |
| 2019 | 931,663 | 1,081,355 | −149,692 | 0.7 | 60% |
| 2020 | 1,226,349 | 1,112,569 | 113,780 | 1.9 | 69% |
| 2021 | 1,524,855 | 1,330,508 | 194,347 | 3.3 | 69% |
| 2022 | 1,973,486 | 1,947,750 | 25,736 | 2.4 | 61% |
| 2023 | 2,361,358 | 2,258,826 | 102,532 | 2.6 | 70% |
In its most recent public year (2023), this organization brought in $102,532 more than it spent. Its reserves stood at about 2.6 months of spending, down from 7.8 in 2017. Staff pay was 70% of spending.
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 Academy Of Nc Inc'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