HERITAGE CHRISTIAN ACADEMY FOUNDATION (EIN 352253812) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2005

Legal Domicile

Principal Officer

MARK STEIL

Phone

7634632200

Tax Period

2022-08-01 to 2023-07-31

HERITAGE CHRISTIAN ACADEMY FOUNDATION, founded in 2005, is a small nonprofit that reported $177K in total revenue in fiscal year 2022. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $656K exceeded revenue, resulting in a 271% operating deficit.

Mission

TO SUPPORT, ASSIST AND PROMOTE THE EDUCATIONAL, CHRISTIAN AND CHARITABLE PURPOSES OF HERITAGE CHRISTIAN ACADEMY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $178,963

Program Service Revenue $0

Investment Income $8,993

Other Revenue $-11,391

TOTAL REVENUE $176,565

Expense Breakdown

Grants Paid $650,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $650,000

Other Expenses $5,514

TOTAL EXPENSES $655,514

Year-over-Year Comparison

	2022	2021	Change
Revenue	$176,565	$157,156	+0.1%
Expenses	$655,514	$5,252	+123.8%
Net Income	$-478,949	$151,904	-4.2%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$92,765

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK STEIL	CHAIRMAN	2.00	Officer Director	$0	$0	$0
JESS PALMER	VICE CHAIRMAN	2.00	Officer Director	$0	$0	$0
ROSS HEMMER	TREASURER	2.00	Officer Director	$0	$0	$0
TERRY BARRNETT	SECRETARY	2.00	Officer Director	$0	$0	$0
JOE SWANSON	TRUSTEE	2.00	Director	$0	$0	$0
SAM DRYUD	TRUSTEE	2.00	Director	$0	$0	$0
BRANDON JONES	TRUSTEE	2.00	Director	$0	$0	$0
SARAH POMERLEAU	TRUSTEE	2.00	Director	$0	$0	$0
JEFFREY VERSTEEG	TRUSTEE	2.00	Director	$0	$0	$0
LORA WHITEHOUSE	TRUSTEE	2.00	Director	$0	$0	$0
TONYA SCOTT	HCA PRESIDENT	2.00	Officer	$0	$2,115	$92,765

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2023	$176,565	$655,514	$128,832	$-478,949
2022	$157,156	$5,252	$609,323	$151,904
2021	$179,047	$6,506	$448,455	$172,541
2020	$223,273	$221,469	$269,547	$1,804
2019	$274,797	$309,107	$276,576	$-34,310

HERITAGE CHRISTIAN ACADEMY FOUNDATION