Heritage Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,064,257 | 3,551,831 | 512,426 | 4.0 | 59% |
| 2012 | 4,432,779 | 4,101,175 | 331,604 | 4.4 | 62% |
| 2013 | 4,386,519 | 4,315,263 | 71,256 | 4.4 | 60% |
| 2014 | 5,117,694 | 4,921,423 | 196,271 | 4.3 | 60% |
| 2015 | 5,025,622 | 4,152,849 | 872,773 | 7.6 | 61% |
| 2016 | 5,690,964 | 4,828,655 | 862,309 | 8.7 | 57% |
| 2017 | 5,643,262 | 5,259,285 | 383,977 | 8.9 | 59% |
| 2018 | 5,310,030 | 5,232,201 | 77,829 | 9.1 | 67% |
| 2019 | 6,131,169 | 6,577,358 | −446,189 | 6.4 | 56% |
| 2020 | 10,208,481 | 10,593,329 | −384,848 | 3.4 | 4% |
| 2021 | 13,455,385 | 12,806,289 | 649,096 | 3.5 | 58% |
| 2022 | 15,049,784 | 13,689,819 | 1,359,965 | 4.4 | 58% |
| 2023 | 18,101,048 | 15,947,703 | 2,153,345 | 5.4 | 57% |
In its most recent public year (2023), this organization brought in $2,153,345 more than it spent. Its reserves stood at about 5.4 months of spending, up from 4 in 2011. Staff pay was 57% 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 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