Civic Intelligence

Heritage Academy Gilbert Inc

EIN 47-5065902 • 501(c)3 • Mesa, AZ

990-N CoverageNTEE B20

Profile

Heritage academy pointe,inc is dedicated to provide public education opportunities to arizona students.the purpose of education is to buildstrong character. Strong character is reflected in strong families, strong communities, and a strong nation. While teaching the academic disciplines, heritage academy pointe,inc is dedicated to instilling into the minds and hearts oftoday's youth a knowledge of and respect for the ideals and values of the great men and women of history,including those who founded the american nation. As today's rising generation gains an appreciation of these people of accomplishment, they will be ready to provide selfless service to their fellow citizens and to their country which will be required in the coming years to assist in preserving america's greatness.

32 S Center StMesa, AZ 85210

www.heritageacademyaz.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

91st percentile

1.07x

Higher debt load relative to assets than 91% of similar nonprofits.

NTEE B • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

93rd percentile

6.48x

Higher debt load relative to revenue than 93% of similar nonprofits.

NTEE B • $10M-$25M nonprofits • Source year 2024

Net Margin

6th percentile

-38%

Higher net margin than 6% of similar nonprofits.

NTEE B • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

44th percentile

$151,574

Higher top officer pay than 44% of similar nonprofits.

Top officer pay equals 6.9% of source-year revenue.

NTEE B • $10M-$25M nonprofits • Source year 2024

Asset Growth

100th percentile

42998%

Faster asset growth than 100% of similar nonprofits.

NTEE B • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Assets

Up

$13,356,102

Up $13,325,112 (+42998%) from 2023

Liabilities

Up

$14,230,720

Up $14,160,401 (+20137%) from 2023

Net Assets

Down

-$874,618

Down $835,289 (-2124%) from 2023

Revenue

$2,195,344

No earlier filing loaded for comparison.

Expenses

Up

$3,030,749

Up $2,991,420 (+7606%) from 2023

Net Income

-$835,405

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0-$5.0MAssets 2023: $30,990Liabilities 2023: $70,319Net Assets 2023: -$39,3292023Assets 2024: $13,356,102Liabilities 2024: $14,230,720Net Assets 2024: -$874,6182024

Highlighted filing

2024

Assets$13,356,102
Liabilities$14,230,720
Net Assets-$874,618

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2023: $39,3292023Revenue 2024: $2,195,344Expenses 2024: $3,030,749Net Income 2024: -$835,4052024

Highlighted filing

2024

Revenue$2,195,344
Expenses$3,030,749
Net Income-$835,405

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 6, 2025
Return Version
2023v6.0
Gross Receipts
$2,195,344
Mission and Program Overview

Mission

Heritage academy pointe,inc is dedicated to provide public education opportunities to arizona students.the purpose of education is to buildstrong character. Strong character is reflected in strong families, strong communities, and a strong nation. While teaching the academic disciplines, heritage academy pointe,inc is dedicated to instilling into the minds and hearts oftoday's youth a knowledge of and respect for the ideals and values of the great men and women of history,including those who founded the american nation. As today's rising generation gains an appreciation of these people of accomplishment, they will be ready to provide selfless service to their fellow citizens and to their country which will be required in the coming years to assist in preserving america's greatness.

Provide students with a clean, moral, positive atmosphere. Encourage students to master the primary and secondary skills in the fields of history, math, writing, literature, grammar, reading, and science.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$0$10,550,871▲ $10,550,871
Cash and Non-Interest-Bearing Accounts-$508,331-
Accounts Receivable-$25,521-
Prepaid Expenses and Deferred Charges-$8,074-
Total Assets$0$13,356,102▲ $13,356,102
Other Assets Total$0$2,263,305▲ $2,263,305
Liabilities
Other Liabilities$0$13,811,657▲ $13,811,657
Accounts Payable and Accrued Expenses-$419,063-
Total Liabilities$0$14,230,720▲ $14,230,720
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$-874,618-
Total Net Assets Fund Balance$0$-874,618▼ $874,618
Total Liabilities and Net Assets / Fund Balance$0$13,356,102▲ $13,356,102

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$8,058,148$189,824-
Other Land Buildings$81,548$20,387-
Land$2,335,000--
Equipment$76,175$14,278-
Other Assets Org$242,130--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kim EllesworthDirectorPT$128,600$22,974$151,574
Anna WeilerDirectorPT$118,129-$118,129

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,232,502
Program Service Revenue
$117,882
Investment Income
$128,169
Other Revenue
$716,791
Change in Net Assets
$-835,405
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,744,195
Salaries, Compensation, and Employee Benefits$1,286,554
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$752,916$31,627-$784,543
Interest$630,261$70,029-$700,290
Current Officers, Directors, Trustees, and Key Employees$269,703--$269,703
Depreciation Depletion$220,969$24,552-$245,521
Pension Plan Contributions$113,038$3,496-$116,534
Fees for Services Other$45,823$42,298-$88,121
Fees for Services Management$41,733$38,523-$80,256
Payroll Taxes$73,078$2,260-$75,338
Advertising$40,571$13,523-$54,094
Insurance$42,147$4,683-$46,830
Office Expenses$33,965$7,967-$41,932
Other Employee Benefits$39,223$1,213-$40,436
All Other Expenses$23,764$1,137-$24,901
Other Expenses$15,857$3,720-$19,577
Travel$11,984$3,994-$15,978
Information Technology$8,209$1,926-$10,135
Occupancy$2,983$331-$3,314
Fees for Services Legal$395$364-$759
Total Functional Expenses$2,703,977$326,772$0$3,030,749
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Bonds Payable$13,796,566
Retirement Plan Contributions$8,580
Due to Student Groups and Others$4,659
Payroll Taxes Payable$1,852
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Line 11b explanation - the board reviews form 990 before filing.

Form 990, Part VI, Section B, Line 15A

Authorization of compensation amounts for the board members who are employed by heritage academy pointe, inc are approved by a majority vote of the governing board the subject member whose compensation is subject to approval abstains from the vote.

Form 990, Part VI, Section C, Line 19

AVAILABLE UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Heritage Academy Pointe Inc
EIN
47-5065902
Phone
4809695641
Address
32 S CENTER ST, MESA, AZ 85210

Signing Officer

Name
Jared Taylor
Title
Director
Phone
4809695641
Signed
2025-05-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jared Taylor
Formed
2015
Legal Domicile
Az
Voting Board Members
4
Independent Board Members
0
Employees
24
Volunteers
0

Preparer

Firm
Gallacher Bosen & Goodman Pllc
Address
1830 S ALMA SCHOOL RD STE 116, MESA, AZ 85210
Preparer
Marcos Goodman CPA
Phone
4808209184
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The school follows guidance issued by the financial accounting standards board ("fasb") related to accounting for income tax uncertainties. Under this guidance, the school accounts for the effect of any uncertain tax positions based on whether it is "more-likely-than-not" that the position will be sustained by the taxing authority upon examination. The school routinely evaluates potential uncertain tax positions. The school has identified its status as an exempt organization as a tax position; however, the school has determined that such a tax position does not result in an uncertainty that requires recognition.

Part IX Other Assets

1. BOND RESERVE FUNDS

Raw XML AppendixShowing 400 of 422 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0PROVIDE STUDENTS WITH A CLEAN, MORAL, POSITIVE ATMOSPHERE. ENCOURAGE STUDENTS TO MASTER THE PRIMARY AND SECONDARY SKILLS IN THE FIELDS OF HISTORY, MATH, WRITING, LITERATURE, GRAMMAR, READING, AND SCIENCE.
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IRS990/MissionDesc0HERITAGE ACADEMY IS DEDICATED TO YOUTH, THEIR GROWTH AND DEVELOPMENT. THE PURPOSE OF EDUCATION IS TO BUILD STRONG CHARACTER. STRONG CHARACTER IS REFLECTED IN STRONG FAMILIES, STRONG COMMUNITIES AND A STRONG NATION. WHILE TEACHING THE ACADEMIC DISCIPLINES, HERITAGE ACADEMY IS DEDICATED TO INSTILLING INTO THE MINDS AND HEARTS OF TODAY'S YOUTH A KNOWLEDGE OF AND RESPECT FOR THE IDEALS AND VALUES OF THE GREAT MEN AND WOMEN OF HISTORY, INCLUDING THOSE WHO FOUNDED THE AMERICAN NATION. AS TODAY'S RISING GENERATION GAINS AN APPRECIATION OF THESE PEOPLE OF ACCOMPLISHMENT, THEY WILL BE READY TO PROVIDE THE SELFLESS SERVICE TO THEIR FELLOW CITIZENS AND TO THEIR COUNTRY WHICH WILL BE REQUIRED IN THE COMING YEARS TO ASSIST IN PRESERVING AMERICA'S GREATNESS. HERITAGE ACADEMY EXISTS TO THIS END.
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt28580
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt313796566
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO STUDENT GROUPS AND OTHERS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYROLL TAXES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2RETIREMENT PLAN CONTRIBUTIONS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3BONDS PAYABLE
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL FOLLOWS GUIDANCE ISSUED BY THE FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") RELATED TO ACCOUNTING FOR INCOME TAX UNCERTAINTIES. UNDER THIS GUIDANCE, THE SCHOOL ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON WHETHER IT IS "MORE-LIKELY-THAN-NOT" THAT THE POSITION WILL BE SUSTAINED BY THE TAXING AUTHORITY UPON EXAMINATION. THE SCHOOL ROUTINELY EVALUATES POTENTIAL UNCERTAIN TAX POSITIONS. THE SCHOOL HAS IDENTIFIED ITS STATUS AS AN EXEMPT ORGANIZATION AS A TAX POSITION; HOWEVER, THE SCHOOL HAS DETERMINED THAT SUCH A TAX POSITION DOES NOT RESULT IN AN UNCERTAINTY THAT REQUIRES RECOGNITION.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt11. BOND RESERVE FUNDS
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART IX OTHER ASSETS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt010550871
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02263305
IRS990ScheduleD/TotalLiabilityAmt013811657
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL HAS THEIR RACIAL NONDISCRIMINATORY POLICY IN THE SCHOOL'S HANDBOOK, WHICH IS POSTED ON THEIR WEBSITE.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0128600
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount06500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt016474
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0KIM ELLESWORTH
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0151574
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LINE 11B EXPLANATION - THE BOARD REVIEWS FORM 990 BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AUTHORIZATION OF COMPENSATION AMOUNTS FOR THE BOARD MEMBERS WHO ARE EMPLOYED BY HERITAGE ACADEMY POINTE, INC ARE APPROVED BY A MAJORITY VOTE OF THE GOVERNING BOARD THE SUBJECT MEMBER WHOSE COMPENSATION IS SUBJECT TO APPROVAL ABSTAINS FROM THE VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt00
IRS990/TotalAssetsEOYAmt013356102
IRS990/TotalAssetsGrp/BOYAmt00
IRS990/TotalAssetsGrp/EOYAmt013356102
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt01232502
IRS990/TotalEmployeeCnt024
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0326772
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02703977
IRS990/TotalFunctionalExpensesGrp/TotalAmt03030749
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt014230720
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt014230720
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-874618
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt02703977
IRS990/TotalProgramServiceRevenueAmt0117882
IRS990/TotalReportableCompFromOrgAmt0269703
IRS990/TotalRevenueGrp/ExclusionAmt0128169
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0834673
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02195344
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt013356102
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt03994
IRS990/TravelGrp/ProgramServicesAmt011984
IRS990/TravelGrp/TotalAmt015978
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt032 SOUTH CENTER
IRS990/USAddress/CityNm0MESA
IRS990/USAddress/StateAbbreviationCd0AZ
IRS990/USAddress/ZIPCd085210
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0WWW.HERITAGEACADEMYAZ.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JARED TAYLOR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum04809695641
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HERITAGE ACADEMY POINTE INC

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