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Heritage 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: 860757062 ✦ Mesa, AZ ✦ Designated as a 501(c)(3)

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Overview

What is Heritage Academy Inc?

Heritage Academy Inc, a charter school based in Mesa, Arizona, serves students in grades 7-12 within the Greater Phoenix area. With approximately 1511 students during the 2021-2022 school year, Heritage Academy offers a clean, moral, and positive atmosphere to encourage students' growth in history, math, writing, literature, grammar, reading, and science. Employing a team of 237 individuals, this educational institution is dedicated to helping students master essential skills in various academic fields.


Official website here: www.heritageacademyaz.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: One-Star out of Four Stars (58%)

Heritage Academy Inc received a One-Star rating from Charity Navigator, indicating a significant need for improvement in several operational areas. While the organization demonstrated strong performance in specific aspects, such as its financial statements and program expense ratio, overall accountability and finance metrics reflect concerns, particularly with the lack of critical policies like conflict of interest and whistleblower protections.

The charity's financial health shows a concerning liabilities to assets ratio of 78.63%, which raises questions about long-term sustainability. Despite these financial challenges, Heritage Academy maintains a high program expense ratio of 88.18%, suggesting that a substantial portion of its resources is allocated to its primary programs rather than administrative costs.

Leadership compensation is notably high, with key personnel receiving substantial salaries, which may be a point of contention for donors and stakeholders. Overall, while Heritage Academy Inc has strengths in certain financial practices, the absence of essential governance policies and a high liabilities ratio underscore the need for better management and oversight.


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: $696,780
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,264,727

For more financial information, click here


Official website here: www.heritageacademyaz.com

What is the mission statement of Heritage Academy Inc?

Heritage Academy Inc strives to create a clean, moral, and positive learning environment for its students. The academic focus is on helping students master primary and secondary skills in subjects such as history, math, writing, literature, grammar, reading, and science. This charter school, which caters to grades 7-12, aims to provide an atmosphere conducive to learning and growth. With approximately 1511 students during the 2021-2022 school year, Heritage Academy Inc is committed to empowering its students to succeed academically.


Official website here: www.heritageacademyaz.com

Who is the CEO of Heritage Academy Inc?

Jared Taylor is the Director of Heritage Academy Inc. The CEO's salary of Heritage Academy Inc is $164,335 and their total compensation is $164,335.


Official website here: www.heritageacademyaz.com

What is the revenue of Heritage Academy Inc?

Heritage Academy Inc's revenue in 2022 was $15,049,784.


Official website here: www.heritageacademyaz.com

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

The average compensation at Heritage Academy Inc during 2022 was $33,593. There are 237 employees at Heritage Academy Inc.


Here are 7 key members and their salaries (Heritage Academy Inc's CEO's salary is $164,335 and their total compensation is $164,335):


Raymond Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marie Renard (Director)
  • Compensation: $102,443
  • Related: $0
  • Other: $0
Jared Taylor (Chairman/Ceo)
  • Compensation: $164,335
  • Related: $0
  • Other: $0
Heidi Udall (Principal)
  • Compensation: $114,883
  • Related: $0
  • Other: $0
Eve Seaman (Director)
  • Compensation: $100,268
  • Related: $0
  • Other: $0
Sandra Johnstun (Director)
  • Compensation: $12,205
  • Related: $0
  • Other: $0
Erik Vogelsberg (Cfo)
  • Compensation: $202,646
  • Related: $0
  • Other: $0


Official website here: www.heritageacademyaz.com

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

Heritage Academy Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.heritageacademyaz.com

Learn more at the official website: www.heritageacademyaz.com

Mission Statement of Heritage Academy Inc

Heritage Academy Inc, a charter school for students in grades 7-12, is dedicated to creating a clean, moral, and positive learning environment. The educational institution encourages its students to excel in the fundamental and advanced skills of various subject areas. These subjects include history, mathematics, writing, literature, grammar, reading, and science. By fostering a nurturing atmosphere, Heritage Academy Inc aims to instill knowledge and mastery in these core disciplines. The institution had approximately 1511 students enrolled during the 2021-2022 academic year, demonstrating its commitment to providing quality education and opportunities for growth.

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Impact




October, 2024

Heritage Academy Inc significantly impacts the educational landscape in the Greater Phoenix area by fostering an environment where students can thrive academically and morally. Serving grades 7-12, the school emphasizes a clean, positive atmosphere that encourages students to excel in essential subjects such as history, math, writing, literature, grammar, reading, and science.

With an enrollment of approximately 1,511 students in the 2021-2022 academic year, Heritage Academy Inc not only focuses on academic mastery but also instills values that promote personal growth and integrity. By creating a supportive community, the academy empowers students to develop critical thinking skills and build a strong foundation for future success, both in higher education and in their personal lives. The emphasis on a holistic educational approach ensures that students are not only well-equipped with knowledge but also prepared to navigate the complexities of modern society.




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.

Revenue
$15,049,784 (2022)
Expenses
$13,689,819 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,720
  • Program Service Revenue: $12,632,277
  • Gross Receipts: $15,049,784

Assets and Liabilities:

  • Total Assets: $19,748,664
  • Total Liabilities: $14,694,069
  • Net Assets: $5,054,595

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Programs

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

EQUALIZATION

Revenue

$11,780,194

OTHER PROGRAM REVENUE

Revenue

$852,083

Organization Details

Founding Year

1994

Principal Officer

Jared Taylor

Main Address

32 SOUTH CENTER, MESA, AZ, 85210

NTEE Category

Code: B20 - Education

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