CHATHAM, VA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)HERITAGE ACADEMY INC, founded in 2011, is a small nonprofit in the Education sector that reported $477K in total revenue in fiscal year 2023. Revenue fell 26% from the prior year — a significant decline worth monitoring.
THE SCHOOLS MISSION IS TO PARTNER WITH PARENTS IN THE EDUCATION OF THEIR CHILDREN,DEVELOPING ACADEMIC EXCELLENCE, STRONG MORAL CHARACTER, AND A LOVE FOR LEARNING ALL WITHIN THE FRAMEWORK OF A NURTURING CHRISTIAN ENVIRONMENT.
THE VISION OF THE SCHOOL IS TO EDUCATE CHILDREN USING A TRADITIONAL CORE CURRICULUM THAT REINFORCES OUR NATIONAL HERITAGE, THERBY BUILDING A RESPECT FOR OUR PAST WHILE SIMULTANEOUSLY PREPARING OUR...
THE VISION OF THE SCHOOL IS TO EDUCATE CHILDREN USING A TRADITIONAL CORE CURRICULUM THAT REINFORCES OUR NATIONAL HERITAGE, THERBY BUILDING A RESPECT FOR OUR PAST WHILE SIMULTANEOUSLY PREPARING OUR STUDENTS TO MEET WITH CHALLENGES OF THE FUTURE. THE STUDENTS WILL DEVELOP STRONG ACADEMIC SKILLS AND LEADERSHIP SKILLS THAT WILL ENABLE THEM TO BECOME RESPONSIBLE CITIZENS WHO WILL CONTRIBUTE TO THEIR COMMUITIES BOTH NOW AND IN THE FUTURE.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $476,753 | $644,051 | -0.3% |
| Expenses | $492,073 | $508,354 | 0.0% |
| Net Income | $-15,320 | $135,697 | -1.1% |
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 |
|---|---|---|---|---|---|---|
| ADRIENNE CREATH | SECRETARY | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| DEBORAH MANN | DIRECTOR | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| DOUGLAS M JAMISON | PREIDENT | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| STEVE DRISKILL | VICE PRESIDENT | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $476,753 | $492,073 | $786,389 | $-15,320 |
| 2023 | $644,051 | $508,354 | $801,798 | $135,697 |
| 2022 | $511,168 | $421,193 | $688,614 | $89,975 |
| 2021 | $398,689 | $398,152 | $603,755 | $537 |
| 2021 | $403,979 | $400,715 | $600,571 | $3,264 |
| 2020 | $458,739 | $335,522 | $599,536 | $123,217 |
| 2018 | $460,130 | $337,333 | $439,084 | $122,797 |
Compare HERITAGE ACADEMY INC with other nonprofits in Virginia and across the country.