Heritage Christian Academy
- Assets
- $6.7m
- Revenue
- $5.6m
- Investments
- $0.0
- Employees
- 102
- Location
- Rockwall, TX
- Founding
- 10/1996
- Data as of
- 06/2022
- EIN
- 75-2584148
Organization Overview
Heritage Christian Academy is located in Rockwall, TX. The organization was established in 1996. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 06/2022, Heritage Christian Academy employed 102 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Heritage Christian Academy is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Heritage Christian Academy generated $5.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $4.5m during the year ending 06/2022. While expenses have increased by 1.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE SCHOOL IS AN INDEPENDENT, MULTI-DENOMINATIONAL, BIBLICALLY BASED CHRISTIAN SCHOOL, THAT DESIRES TO WORK WITH FAMILIES ACROSS THE SPECTRUM OF THE BODY OF CHRIST TO PRODUCE A DISTINCTIVELY CHRISTIAN COLLEGE PREPARATORY ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PURPOSE OF THE ACADEMY IS TO ESTABLISH, OPERATE AND MAINTAIN A CHRISTIAN SCHOOL FURTHERING THE GOSPEL BY EDUCATING CHILDREN IN THE TEACHINGS OF JESUS CHRIST.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brad Helmer Headmaster | Officer | 40 | $116,154 |
Jennifer Hill President | OfficerTrustee | 2 | $0 |
Dale Stolman Treasurer | OfficerTrustee | 1 | $0 |
Lauren Deen Secretary | OfficerTrustee | 1 | $0 |
Michael Clark VP | OfficerTrustee | 1 | $0 |
Ann Delp Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $231,646 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $408,371 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $640,017 |
| Total Program Service Revenue | $4,379,460 |
| Investment income | $542 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $42,650 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,586,200 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $119,798 |
| Compensation of current officers, directors, key employees. | $32,029 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,518,128 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $48,810 |
| Payroll taxes | $194,271 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $23,259 |
| Advertising and promotion | $0 |
| Office expenses | $576,992 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $307,944 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $74,325 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $334,330 |
| Insurance | $64,048 |
| All other expenses | $0 |
| Total functional expenses | $4,498,445 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $371,284 |
| Savings and temporary cash investments | $1,855,336 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,753 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $4,444,441 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,675,814 |
| Accounts payable and accrued expenses | $672,997 |
| Grants payable | $0 |
| Deferred revenue | $1,084,221 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,771,875 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,529,093 |
| Net assets without donor restrictions | $1,342,677 |
| Net assets with donor restrictions | $1,804,044 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,675,814 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Heritage Christian Academy has recieved totaling $40,628.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $40,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $628 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Santa Fe Preparatory School Santa Fe, NM | $79,113,849 | $36,111,805 |
Thaden School Bentonville, AR | $79,028,915 | $15,891,102 |
Academics Plus Charter Schools Inc Maumelle, AR | $7,409,476 | $15,799,644 |
Marine Military Academy Inc Harlingen, TX | $47,303,872 | $14,319,783 |
South Texas Educational Technologies Inc Weslaco, TX | $17,267,724 | $15,758,985 |
Akibayavneh Academy Dallas, TX | $13,685,007 | $15,057,848 |
Navajo Preparatory School Inc Farmington, NM | $37,567,327 | $9,309,197 |
Student Alternatives Program Incorporated San Antonio, TX | $19,593,024 | $15,118,019 |
Braination Inc San Antonio, TX | $31,349,196 | $17,109,722 |
Bosque School Albuquerque, NM | $33,698,643 | $13,258,557 |
The Academy Fayetteville, AR | $10,084,024 | $11,745,768 |
Winfree Academy Charter School Carrollton, TX | $12,943,663 | $11,352,122 |