AI Transparency Report
Heritage Christian School demonstrates consistent financial growth and prudent management over the past decade. Revenue has steadily increased from $214,305 in 2014 to $379,872 in 2023, with a notable jump to $448,036 in 2022. The organization consistently operates with a surplus, as evidenced by expenses generally being lower than revenue, such as $371,508 in expenses against $379,872 in revenue in 2023. This consistent surplus has allowed for a healthy accumulation of assets, growing from $38,628 in 2014 to $375,653 in 2023, indicating strong financial stability and capacity building.
The organization's liabilities have remained very low, often in the single-digit thousands, and even zero in 2017, which is a strong indicator of financial health and low debt burden. The absence of reported officer compensation across all filings suggests that leadership may be volunteer-based or compensated through other means not reported as officer compensation on the 990, which can be a positive for program efficiency if true, but also warrants further inquiry for full transparency. Overall, Heritage Christian School appears to be a financially sound and growing institution.