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Texas · Nonprofit

HERITAGE ED

HERITAGE ED (Texas) receives grants from 4 organizations whose IRS filings report $1,294,237 to it, the largest being SAUNDERS FOUNDATION ($1,259,237). 1 of them have funded it in more than one year.

Revenue FY2025
$1.1M
Funders on record
4
Grants received
$1.3M
Net assets
$375k
1/4 repeat fundersgrants exceed reported revenue in one year
01What it does

What Heritage Ed does

Mission

The organization has been granted a state charter to establish and operate a charter school in houston, texas. Heritage Ed will provide a focused classical education to a diverse community of k-8 scholars by developing their knowledge to a state of wisdom and character to a state of virtue and by preparing the scholars to become well-educated self-governing citizens and leaders for the next generation of america.

As stated on its FY2025 Form 990.

Programs

  1. The organization has received approval from the state of texas to establish a charter school in houston, texas. The organization engaged in a search for a head of school as well as a permanent location for the school. Heritage Ed will enroll its first class of students in the fall of 2025 beginning with kindergarten and first grade.

    $60,927 spent
    9% of program spending
  2. The organization has received approval from the state of texas to establish a charter school in houston, texas. The organization engaged in a search for a head of school as well as a permanent location for the school. Heritage Ed will enroll its first class of students in the fall of 2025 beginning with kindergarten and first grade.

    $613,397 spent
    91% of program spending

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $674,324.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 0 ($0) Expenses 100 ($598k) Net assets 0 ($0)2021 Revenue 100 ($215k) Expenses 32 ($189k) Net assets 100 ($37k)2022 Revenue 164 ($354k) Expenses 55 ($331k) Net assets 160 ($60k)2023 Revenue 77 ($165k) Expenses 31 ($183k) Net assets 112 ($42k)2024 Revenue 159 ($343k) Expenses 48 ($285k) Net assets 268 ($100k)2025 Revenue 514 ($1.1M) Expenses 139 ($829k) Net assets 1009 ($375k)
201720212022202320242025
Revenue (514)Expenses (139)Net assets (1009)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $100k to $1.2M (+1141%).

$0
$37k
$60k
$42k
$100k
$1.2M
201720212022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2024 6% · 2025 63%. Grants only. Government contracts and fees sit inside program revenue.

100% of HERITAGE ED’s revenue is contributions — more reliant on donations than three-quarters of its peers (48% for the typical peer).

This organization
Typical peer · 12,352 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 5 reported years ran a deficit.

’17
$26k
’21
$22k
’22
−$18k
’23
$58k
’24
$276k
’25
1.8
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

201720212022202320242025
Listed166565
Joined··+3+0+2+0
No longer listed··3111
03Who funds it

Who funds it, year by year

2019 → 2023: the base held at 1 funder, grant income rose $44k → $288k.

1 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 1% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of HERITAGE ED’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

HERITAGE ED leans on a few funders — its largest provides 97% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

97%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2019 100% · 2020 100% · 2021 98% · 2022 100% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of HERITAGE ED's grant income comes from Texas funders.

TX

In-state vs out-of-state, by year

’19
’20
’21
’22
’23
Texas out of state home

Funder states come from each funder’s own filing. $10k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

HERITAGE ED runs a healthier operating margin than three-quarters of the 9,398 education nonprofits its size.

Operating margin25% · top quartile
Months of reserve1.8mo · below the median
Revenue growth (annualized)51% · top quartile

this organization peer median middle 50% of peers· 9,398 education nonprofits $1M–$10M, FY2025

Organizations like HERITAGE ED

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Texas

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

81% of spending goes to programs.

Program 81%Management 19%Fundraising 0%

Governance

5
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy✓Document retention–Board reviewed the 990–Audited financials

Screen this organization

A dated, signed PDF of the compliance screen for HERITAGE ED: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds HERITAGE ED?
HERITAGE ED (Texas) receives grants from 4 organizations whose IRS filings report $1,294,237 to it, the largest being SAUNDERS FOUNDATION ($1,259,237). 1 of them have funded it in more than one year.
How many funders does HERITAGE ED have?
IRS filings report 4 organizations giving $1,294,237 in grants to HERITAGE ED, 1 of which have funded it in more than one year.
Who is the largest funder of HERITAGE ED?
SAUNDERS FOUNDATION is the largest funder on record, with $1,259,237 in grants. The full list of funders is on this page.
How can an organization like HERITAGE ED find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Texas. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing