Heritage University
Heritage University reported $46.0 million in revenue and $34.8 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $69.05 went to program services, $28.15 to management and general costs and $2.80 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 65.2% of the total. The highest compensation it reported for one person was $359,318 (HERITAGE PRESIDENT (THRU 6/25)). 11 people received more than $100,000 in reportable compensation. Revenue rose 82% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $35MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $46MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 69.1% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 28.2% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 2.8% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.07 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 28.3% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 65.2% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $359,318 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.03% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 11 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 28.1 | 13.3 |
| Independent voting board members Part VI 1a–1b | 28 of 29 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expense1. To provide classroom, faculty and services to all heritage students, predominantly minority undergraduate and graduate students, who are living in an isolated location at or below the federal poverty guidelines. 2. To provide students with services including financial aid assistance, counseling, internships, job placement, scholarships, and grants.3. Academic support including student support and access to learning resources, and record maintenance
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| HERITAGE PRESIDENT (THRU 6/25) Director/trustee, officer, 40.00 hrs/week | $326,150 | $0 | $33,168 | $359,318 |
| VP OF ADVANCEMENT/MARKETING Highest compensated employee, 40.00 hrs/week | $147,561 | $0 | $20,836 | $168,397 |
| VP OF STUDENT AFFAIRS Highest compensated employee, 40.00 hrs/week | $147,079 | $0 | $20,506 | $167,585 |
| CHAIR, DEPARTMENT OF NURSING Highest compensated employee, 40.00 hrs/week | $146,020 | $0 | $20,583 | $166,603 |
| VP OF STRATEGIC INITIATES Highest compensated employee, 40.00 hrs/week | $144,659 | $0 | $20,440 | $165,099 |
| PROVOST/VP OF ACADEMIC AFFAIRS Officer, 40.00 hrs/week | $140,369 | $0 | $20,836 | $161,205 |
| PROFESSOR ARTS & SCIENCE Highest compensated employee, 40.00 hrs/week | $140,952 | $0 | $10,165 | $151,117 |
| INTERIM CFO Officer, 40.00 hrs/week | $106,000 | $0 | $0 | $106,000 |
11 people received more than $100,000 in reportable compensation from Heritage University (Part VII, line 2). Compensation of current officers, directors and key employees totaled $666K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b29 · 28 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5443
- Volunteers Part I, line 630
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| SEVIGNY CONSTRUCTION Construction | $1,286,953 |
| ESD #105 Contracted services | $517,344 |
| RGI CORPORATION Contracted services | $329,499 |
| JENZABAR Technology support | $300,611 |
| CERIUM NETWORKS INC Technology support | $272,408 |
Individuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.
Private foundation grants it received
15 private foundations reported grants to Heritage University totaling $172K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Heritage University's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Heritage University, you can publish a response that is linked from this page.
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Of every $100 Heritage University spent in FY2025, $69.05 went to programs. The full breakdown, from its IRS Form 990:
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Questions people ask
How much of Heritage University's spending goes to programs?
In the fiscal year ending June 30, 2025, Heritage University reported that 69.1% of its $34.8 million in expenses went to program services, 28.2% to management and general and 2.8% to fundraising (Form 990, Part IX).
How much does Heritage University pay its top executive?
The largest total compensation Heritage University reported for one person in the fiscal year ending June 30, 2025 was $359,318, for the role of HERITAGE PRESIDENT (THRU 6/25) (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Heritage University get its money?
Of $46.0 million in revenue in the fiscal year ending June 30, 2025, 28.3% came from contributions and grants and 65.2% from program service revenue (Form 990, Part VIII).
Is Heritage University a registered charity?
The IRS lists EIN 91-1160585 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202601359349310005 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024 (amended), object 202610899349300931 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202401359349313935 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202331359349311043 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202211369349309621 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202131339349303158 · read the filing
All filings for EIN 91-1160585: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.