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Heritage Charter Academy Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 452600372 ✦ Cape coral, FL ✦ Designated as a 501(c)(3)

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Overview

What is Heritage Charter Academy Inc?

Heritage Charter Academy Inc, based in Cape Coral, Florida, is a nonprofit organization with a mission to operate a public charter school within Lee County. With a team of 55 dedicated individuals, they strive to provide quality education services to their community. The academy operates under the laws and regulations of Florida, focusing on delivering education in an innovative and effective manner. Their location in Cape Coral allows them to serve the local community, contributing to the educational landscape of Lee County.


Official website here: www.heritagecharteracademy.org/

What are the reviews and ratings of this charity?

Charity Navigator Rating 77% - Three-Star out of Four Star Rating

Heritage Charter Academy Inc has received a three-star rating from Charity Navigator, reflecting a solid overall score of 77%. This rating emphasizes the organization's strong commitment to accountability and finance, which is the sole focus of its evaluation. Notably, the charity boasts a completely independent board and a robust financial oversight structure, with no material diversions of assets reported.

Strengths include a high program expense ratio of 87.68%, indicating that a large portion of its expenses goes directly towards its programs, a positive sign for potential donors. Additionally, the charity has comprehensive policies in place for conflict of interest and document retention, which further enhance its accountability.

However, the organization does have some limitations, particularly a missing whistleblower policy, which could affect transparency in reporting concerns. Furthermore, a high liabilities-to-assets ratio of 123.49% suggests potential financial pressures that may warrant further scrutiny by stakeholders. Overall, while Heritage Charter Academy demonstrates strong fiscal responsibility, addressing these limitations could strengthen its standing even further.


This AI summary has been generated from information found on Charity Navigator.

Is Heritage Charter Academy Inc legitimate?

Heritage Charter Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Heritage Charter Academy Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.heritagecharteracademy.org/

What is the mission statement of Heritage Charter Academy Inc?

Heritage Charter Academy Inc's mission is centered around operating a public charter school. This mission is aimed at providing educational services within Lee County, Florida. The organization's primary goal is to operate a charter school, which suggests a commitment to providing quality education within a structured and regulated framework. The specific location of the school within Lee County is not emphasized in the provided information, but it is clear that the academy's mission is to serve the educational needs of the community within this region. The academy does not specify any particular educational focus or methodology, indicating a broad commitment to providing a comprehensive educational experience.


Official website here: www.heritagecharteracademy.org/

Who is the CEO of Heritage Charter Academy Inc?

John Pantazes is the President of Heritage Charter Academy Inc.


Official website here: www.heritagecharteracademy.org/

What is the revenue of Heritage Charter Academy Inc?

Heritage Charter Academy Inc's revenue in 2023 was $2,157,170.


Official website here: www.heritagecharteracademy.org/

Who are the executives of Heritage Charter Academy Inc and what are their salaries?

There are 55 employees and 5 volunteers at Heritage Charter Academy Inc.


Here are 4 key members and their salaries:


John Pantazes (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexa Hardin (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tina Pegler (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shelly Homan (Principal)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.heritagecharteracademy.org/

Where can I find the form 990 for Heritage Charter Academy Inc?

Heritage Charter Academy Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.heritagecharteracademy.org/

Learn more at the official website: www.heritagecharteracademy.org/

Mission Statement of Heritage Charter Academy Inc

Heritage Charter Academy Inc, as a nonprofit organization, is dedicated to operating a public charter school within Lee County, Florida. The primary objective of this institution is to provide an educational environment that caters to the needs of its students, following the guidelines and standards of a public charter school. This mission is carried out with the aim of offering a high-quality learning experience that is accessible to all, fostering academic growth and personal development among its students.

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Impact




July, 2024

Heritage Charter Academy Inc's impact is significant in providing quality education to students in Lee County, Florida. Through its public charter school, the organization plays a crucial role in offering educational opportunities to students in the area. This helps in shaping the academic future and overall development of the students who attend the school. By emphasizing education as their primary mission, Heritage Charter Academy Inc contributes positively to the community by fostering a culture of learning and growth among the students. Their commitment to operating a public charter school reflects their dedication to providing accessible and high-quality education to children in the region, thus making a meaningful impact on the local education landscape.




This information is meant to be a general summary of Heritage Charter Academy Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,157,170 (2023)
Expenses
$2,142,603 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $2,076,264
  • Gross Receipts: $2,157,170

Assets and Liabilities:

  • Total Assets: $840,248
  • Total Liabilities: $1,037,667
  • Net Assets: -$197,419

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

FTE PER STUDENT FUNDING

Revenue

$1,576,821

FEDERAL FUNDING

Revenue

$463,712

CHILDCARE

Revenue

$28,541

FOOD SERVICE

Revenue

$7,190

Organization Details

Founding Year

2010

Principal Officer

John Pantazes

Main Address

2107 SANTA BARBARA BLVD, CAPE CORAL, FL, 33991

NTEE Category

Code: B29 - Education

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