Skip to content
Nonprofiteer
← HERITAGE ACADEMY C/O KERA PENT

Form 990 for tax year 2022

Filed by HERITAGE ACADEMY C/O KERA PENT.

Totals

Total revenue
$741,572
Total expenses
$832,067
Contributions and grants received
$87,347
Grants paid
$0
Program service revenue
$654,225
Investment income
$0
Other revenue
$0
Total assets, end of year
$515,932
Total liabilities, end of year
$2,678
Net assets or fund balances, end of year
$513,254
Program services expenses (Part IX)
$792,757
Management and general expenses
$39,310
Fundraising expenses
$0
Program service expenses (Part III)
$792,757

Program services were 95.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $87,347

  • 2a · Program service revenue: TUITION & FEES

    total $654,225 · related or exempt $654,225

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $85,000 · program services $61,000 · management and general $24,000

  • 7 · Other salaries and wages

    total $546,532 · program services $538,737 · management and general $7,795

  • 9 · Other employee benefits

    total $38,502 · program services $36,807 · management and general $1,695

  • 11c · Fees: accounting

    total $950 · management and general $950

  • 11g · Fees: other

    total $27,059 · program services $27,059

  • 13 · Office expenses

    total $21,792 · program services $19,622 · management and general $2,170

  • 16 · Occupancy

    total $53,879 · program services $51,179 · management and general $2,700

  • 23 · Insurance

    total $10,748 · program services $10,748

  • 24a · Other expenses: SPECIAL PROGRAMS

    total $21,352 · program services $21,352 · management and general $0

  • 24b · Other expenses: ACADEMIC EXPENSES

    total $17,639 · program services $17,639 · management and general $0

  • 24c · Other expenses: ADMIN EXPENSES/LICENSES

    total $8,442 · program services $8,442 · management and general $0

  • 24d · Other expenses: MISC EXPENSE

    total $173 · program services $173 · management and general $0

  • 24e · All other expenses

    total -$1 · program services -$1

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $605,359 · end of year $515,932

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,609 · end of year $2,678

  • 27 · Net assets without donor restrictions

    beginning of year $603,750 · end of year $513,254

Mission and programs · 2022

Mission

PROVIDE CLASSICAL EDUCATION WITH A CHRISTIAN WORLDVIEW FOR STUDENTS GRADES KINDERGARTEN THROUGH 8TH GRADE.

  • UPGRADE OUR FACILITIES BY REPLACING THE CONCRETE IN OUR QUAD, THE FENCE IN FRONT OF THE SCHOOL FOR THE SAFETY OF OUR STUDENTS, AND ADDED PAVERS TO THE FRONT OF OUR SCHOOL. AND, THE SIDE WALKWAYS FOR SAFER MOVEMENT OF OUR STUDENTS.

    Expenses $792,757 · Revenue $654,225

  • HIRED TWO NEW STAFF MEMBERS TO SERVICE ALL STUDENTS AND GRADE LEVELS.

  • PROVIDED INSTRUCTION AND LIVE TRAINING TO PARENTS IN OUR COMMUNITY AND BEYOND VIA A PARENT SEMINAR, FEATURING A SPECIAL SPEAKER WITH SPECIFIC PARENTING AND MENTAL HEALTH KNOWLEAGE AND TRAINING.

As filed on the 2022 return.

Listed in Part VII

  • Marilyn Davidson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Kathleen Poonen

    BOARD MEMBER/SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Kera Pent

    PRINCIPAL

    Total calculated
    $70,000
    From this org
    $70,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Clif Davidson

    CHAIRMAN/BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Vicky Powers

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Lance Westcott

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Jack Masher

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Dillon Thomasson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Tia Kjellesvig

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
10 November 2023
IRS schema version
2022v5.0
Source object
202333149349304998

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.