Skip to content

Virginia · Nonprofit

HERITAGE ACADEMY INC

HERITAGE ACADEMY INC (Virginia) receives grants from 2 organizations whose IRS filings report $187,662 to it, the largest being RENEWANATION ($187,462). 2 of them have funded it in more than one year.

Revenue FY2026
$431k
Funders on record
2
Grants received
$188k
Net assets
$788k
2/2 repeat funderspeak grant-dependency 8%
01What it does

What Heritage Academy Inc does

Mission

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.

As stated on its FY2026 Form 990.

Program

  1. 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.

    $390,864 spent
    100% of program spending

The program described on its FY2026 Form 990. Program spending in total: $390,864.

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 100 ($421k) Expenses 100 ($333k) Net assets 100 ($286k)2018 Revenue 109 ($460k) Expenses 101 ($337k) Net assets 144 ($413k)2020 Revenue 109 ($459k) Expenses 101 ($336k) Net assets 208 ($596k)2021 Revenue 95 ($399k) Expenses 120 ($398k) Net assets 201 ($575k)2022 Revenue 121 ($511k) Expenses 127 ($421k) Net assets 233 ($665k)2023 Revenue 153 ($644k) Expenses 153 ($508k) Net assets 280 ($801k)2024 Revenue 113 ($477k) Expenses 148 ($492k) Net assets 275 ($786k)2025 Revenue 109 ($459k) Expenses 137 ($457k) Net assets 275 ($788k)2026 Revenue 102 ($431k) Expenses 130 ($431k) Net assets 275 ($788k)
'17'18'20'21'22'23'24'25'26
Revenue (102)Expenses (130)Net assets (275)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 2017 to 2018, from $306k to $439k (+43%).

$306k
$439k
$600k
$604k
$689k
$802k
$786k
$788k
$788k
'17'18'20'21'22'23'24'25'26
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.

2017
2018
2020
2021
2022
2023
2024
2025
2026
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 10% · 2021 4% · 2022 5%. Grants only. Government contracts and fees sit inside program revenue.

4% of HERITAGE ACADEMY INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (57% for the typical peer).

This organization
Typical peer · 25,057 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

$88k
’17
$123k
’18
$123k
’20
$537
’21
$90k
’22
$136k
’23
−$15k
’24
$2k
’25
−$122
’26
22
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.

'17'18'20'21'22'23'24'25'26
Listed774455444
Joined·+4·+2+5+0+0+0+0
No longer listed·4·240100
03Who funds it

Who funds it, year by year

2017 → 2023: the base held at 1 funder, grant income rose $21k → $34k.

Funder
'17
'18
'19
'20
'21
'22
'23
'24*
'25*
total
Renewanationunclassified
$187k
funders
1
1
1
1
1
1
1
2
1

From the IRS filings of HERITAGE ACADEMY INC’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 ACADEMY INC leans on a few funders — its largest provides 100% 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

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund HERITAGE ACADEMY INC.

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

Largest funder’s share by year: 2017 100% · 2018 100% · 2019 100% · 2020 100% · 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 ACADEMY INC's grant income comes from Virginia funders.

VA

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

’17
’18
’19
’20
’22
’23
Virginia out of state home

Funder states come from each funder’s own filing. 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 ACADEMY INC holds deeper cash reserves than three-quarters of the 1,238 education nonprofits its size.

Operating margin−0% · below the median
Months of reserve21.7mo · top quartile
Revenue growth (annualized)0% · bottom quartile

this organization peer median middle 50% of peers· 1,238 education nonprofits $100k–$1M, FY2026

Organizations like HERITAGE ACADEMY INC

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 Virginia

Nationally

05Profile & governance

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

Where the money goes

91% of spending goes to programs.

Program 91%Management 9%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 ACADEMY INC: 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 ACADEMY INC?
HERITAGE ACADEMY INC (Virginia) receives grants from 2 organizations whose IRS filings report $187,662 to it, the largest being RENEWANATION ($187,462). 2 of them have funded it in more than one year.
How many funders does HERITAGE ACADEMY INC have?
IRS filings report 2 organizations giving $187,662 in grants to HERITAGE ACADEMY INC, 2 of which have funded it in more than one year.
Who is the largest funder of HERITAGE ACADEMY INC?
RENEWANATION is the largest funder on record, with $187,462 in grants. The full list of funders is on this page.
How can an organization like HERITAGE ACADEMY INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Heritage Academy →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2026 (financials across 2017–2026), and the filings of 2 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 22, 2026. What this page cannot tell you · view filing