Overview
What is Heritage Academy Inc?
Heritage Academy Inc, located in Hagerstown, Maryland, is a nonprofit organization primarily focused on providing educational services. Specifically, it operates a Christian school, catering to approximately 235 students from kindergarten to twelfth grade. With a dedicated workforce of 40 individuals, Heritage Academy Inc offers an educational environment that aligns with Christian values. The organization's mission is to provide quality education to its students, fostering their growth and development in a faith-based setting.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, earning a Two-Star out of Four Star rating. Heritage Academy Inc's rating reflects concerns primarily in the areas of accountability and transparency, despite commendable performance in certain aspects. The organization has a high percentage of independent board members, indicating a strong governance structure, but it lacks essential financial documentation and policies that are integral to nonprofit operations.
The accountability and finance score of 67 suggests that while the organization performs well in some financial areas, such as a solid program expense ratio of 81.69%, it falls short in providing financial statements and maintaining critical policies like conflict of interest and whistleblower protections. This absence raises questions about its operational transparency and overall accountability to stakeholders.
Moreover, the organization does not have its tax form available on its website, which is a significant oversight. While the liability to assets ratio is healthy, indicating financial stability, the missing policies could potentially expose the organization to risks that undermine its mission. Overall, while Heritage Academy Inc demonstrates strengths in governance and program spending, its rating is hindered by gaps in documentation and policy adherence.
This AI summary has been generated from information found on Charity Navigator.
Is Heritage Academy Inc legitimate?
Heritage Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Heritage 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: $799,619
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What is the mission statement of Heritage Academy Inc?
Heritage Academy Inc is dedicated to operating a Christian school, catering to approximately 235 students from kindergarten to twelfth grade. Their mission involves providing an educational environment that aligns with Christian values. The academy strives to shape the academic and moral growth of its students, fostering a nurturing learning environment. The educational services offered at Heritage Academy Inc are designed to equip students with knowledge and values, preparing them for their future endeavors. While the specific focus on Christian education sets it apart, the academy's ultimate goal remains to instill a well-rounded education in its students.
Who is the CEO of Heritage Academy Inc?
Travis Hendershot is the President of Heritage Academy Inc.
What is the revenue of Heritage Academy Inc?
Heritage Academy Inc's revenue in 2023 was $1,226,009.
Who are the executives of Heritage Academy Inc and what are their salaries?
The average compensation at Heritage Academy Inc during 2023 was $19,990. There are 40 employees and 25 volunteers at Heritage Academy Inc.
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Where can I find the form 990 for Heritage Academy Inc?
Heritage Academy Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Heritage Academy Inc
Heritage Academy Inc, a nonprofit organization, is dedicated to providing educational services to approximately 235 students from Kindergarten to Grade 12. Their mission is centered around operating a Christian school, instilling moral and spiritual values alongside academic knowledge. This institution serves as a nurturing environment for young minds, aiming to shape their character and prepare them for future endeavors.
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Impact
July, 2024
Heritage Academy Inc has a significant impact on education in Hagerstown, MD, by providing educational services to approximately 235 students from kindergarten to 12th grade. Their mission to operate a Christian school reflects in the academic and personal development of their students, shaping future generations with values and knowledge. Through their work, Heritage Academy Inc is contributing to the educational landscape in the community and helping students thrive in a nurturing environment.
This information is meant to be a general summary of Heritage 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Program Service Revenue: $1,126,044
- Gross Receipts: $1,232,736
Assets and Liabilities:
- Total Assets: $600,425
- Total Liabilities: $118,547
- Net Assets: $481,878
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ELEMENTARY & SECONDARY SCHOOLS
Revenue
$1,019,344
EDUCATIONAL SUPPORT SERVICES
Revenue
$58,991
CHILD DAY CARE SERVICES
Revenue
$27,656
ELEMENTARY & SECONDARY SCHOOLS
Revenue
$4,097
ELEMENTARY & SECONDARY SCHOOLS
Revenue
$15,956
Organization Details
Founding Year
1969
Phone
(301) 582-2600Principal Officer
Travis Hendershot
Main Address
12215 WALNUT PT W 301 582 2600, HAGERSTOWN, MD, 217402302
NTEE Category
Code: B24Z - Education
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