NORTHFIELD, IL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)CHRISTIAN HERITAGE ACADEMY, founded in 1983, is a community nonprofit that reported $9.4M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $8.0M left a modest 15% surplus.
CHRISTIAN HERITAGE ACADEMY, AN INDEPENDENT, PARENT-GOVERNED SCHOOL, OFFERS AN EXEMPLARY EDUCATION BASED ON BIBLICAL VALUES TO CHILDREN OF CHRISTIAN FAMILIES, EQUIPPING THEM TO BE LIFETIME FOLLOWERS OF JESUS CHRIST.
SERVING OVER 410 PRESCHOOL THROUGH 12TH GRADE STUDENTS, CHRISTIAN HERITAGE ACADEMY (CHA) IS INDEPENDENT, PARENT-GOVERNED, EDUCATIONALLY EXCELLENT, BASED ON BIBLICAL VALUES, AND FOR THE CHILDREN OF...
SERVING OVER 410 PRESCHOOL THROUGH 12TH GRADE STUDENTS, CHRISTIAN HERITAGE ACADEMY (CHA) IS INDEPENDENT, PARENT-GOVERNED, EDUCATIONALLY EXCELLENT, BASED ON BIBLICAL VALUES, AND FOR THE CHILDREN OF CHRISTIAN FAMILIES. OUR DRIVING VISION IS THAT EVERY CHA STUDENT IS ROOTED IN A DEEP LOVE FOR GOD, KNOWN WITHIN OUR COMMUNITY, ENGAGED IN EDUCATIONAL EXCELLENCE, AND INSPIRED TO MAKE A DIFFERENCE.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $9,429,760 | $8,345,106 | +0.1% |
| Expenses | $8,027,971 | $7,573,249 | +0.1% |
| Net Income | $1,401,789 | $771,857 | +0.8% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JOSEPH TORGERSON | HEAD OF SCHOOL | 45.00 |
Officer
Director
|
$126,455 | $31,970 | $158,425 |
| J ANDERS BULLUCK | BOARD CHAIRMAN | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KONRAD PIENAAR | BOARD VICE-CHAIRMAN | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DANIEL TALLACKSEN | BOARD TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MICHAEL BARRACATO | BOARD SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| BOB GUNTER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BROCK PEARSON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MATT VAN TUINEN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| NANCY KIM | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ROBIN RUSSELL | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SHAWNALEE SHAW | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| TOM CHRISTIAN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $9,429,760 | $8,027,971 | $10,918,938 | $1,401,789 |
| 2024 | $8,345,106 | $7,573,249 | $9,675,506 | $771,857 |
| 2023 | $9,230,980 | $6,565,012 | $8,827,684 | $2,665,968 |
| 2022 | $6,730,735 | $6,380,042 | $6,647,555 | $350,693 |
| 2021 | $5,543,967 | $5,584,300 | $6,491,985 | $-40,333 |
| 2020 | $6,884,118 | $6,292,677 | $6,397,771 | $591,441 |
| 2019 | $5,993,200 | $6,118,188 | $6,012,719 | $-124,988 |
| 2018 | $5,732,084 | $5,844,626 | $6,031,475 | $-112,542 |
Compare CHRISTIAN HERITAGE ACADEMY with other nonprofits in Illinois and across the country.