Heritage Heights Academy Building … - Form 990 Financial Data

🔒

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

2019

Legal Domicile

Principal Officer

Natalia Miller-Forrest

Phone

7208709541

Tax Period

2024-07-01 to 2025-06-30

Heritage Heights Academy Building Corporation, founded in 2019, is a small nonprofit in the Education sector that reported $672K in total revenue in fiscal year 2024. Revenue fell 37% from the prior year — a significant decline worth monitoring. Net assets of $3.0M represent 53 months of operating reserves.

Mission

The organization provides facilities to Heritage Heights Academy and services the debt associated with facilities acquisition.

Program Service Accomplishments

Program 1

Expenses: $671,708 Revenue: $671,588

Expenses are costs necessary to secure debt for facilities acquisition, acquire the facilities, and service the debt.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $671,041

Investment Income $547

Other Revenue $0

TOTAL REVENUE $671,588

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $671,708

Other Expenses $671,708

TOTAL EXPENSES $671,708

Year-over-Year Comparison

	2024	2023	Change
Revenue	$671,588	$1,066,901	-0.4%
Expenses	$671,708	$534,271	+0.3%
Net Income	$-120	$532,630	-1.0%

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

N/A

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

Total Directors

$227,235

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jennifer Gibbons	Treasurer	1.00	Director	$0	$0	$0
Rich Wells	Secretary	1.00	Director	$0	$0	$0
Natalia Miller-Forest	President	1.00	Director	$0	$63,683	$227,235

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
2025	$671,588	$671,708	$13,949,002	$-120
2024	$1,066,901	$534,271	$14,255,809	$532,630
2023	$2,087,238	$504,117	$14,118,631	$1,583,121
2022	$781,648	$445,708	$12,949,996	$335,940
2021	$716,950	$277,186	$13,363,935	$439,764

Heritage Heights Academy Building Corporation