2022-05-10T09:55:13-05:00 2021-06-30 203961982 GALLACHER BOSEN & GOODMAN PLLC 1830 S ALMA SCHOOL RD STE 116 MESA AZ 85210 990 2020-07-01 464461406 HERITAGE ACADEMY GATEWAY INC HERI 4809695641 32 SOUTH CENTER ST MESA AZ 85210 JARED TAYLOR CEO/PRES 4809695641 2022-05-05 1 JARED TAYLOR 999009999 MARCOS GOODMAN CPA P00450200 4808209184 2022-05-05 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z JARED TAYLOR 32 SOUTH CENTER MESA AZ 85210 6204963 0 6222 X WWW.HERITAGEACADEMYAZ.COM X 2013 AZ 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. 5 1 98 0 -25197 0 611036 623787 5180903 5606373 142908 -25197 0 0 5934847 6204963 0 0 0 0 3408748 3838686 0 0 0 1998391 2049966 5407139 5888652 527708 316311 16961736 17856247 16775167 17353367 186569 502880 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. 0 0 5413137 5606373 HERITAGE ACADEMY QUEEN CREEK INC. OPERATES AS A CHARTER SCHOOL FOR GRADES 7-12 IN QUEEN CREEK, ARIZONA. THE SCHOOL HAD APPROXIMATELY 699 STUDENTS ENTROLLED DURING THE 2020-2021 SCHOOL YEAR. 5413137 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 10 0 1 98 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 1 0 0 0 0 0 0 0 1 1 0 0 1 0 0 1 1 1 0 X ORGANIZATION 4809695641 32 SOUTH CENTER MESA AZ 85210 BETH COWLES DIRECTOR 40.00 X 91422 0 0 JARED TAYLOR PRESIDENT & CEO 12.00 X X 0 0 0 KATHLEEN LOPEZ DIRECTOR - PRINCIPAL 40.00 X 103576 0 0 AMANDA SMITH DIRECTOR 40.00 X 88880 0 0 STEPHANIE LEAVITT DIRECTOR 1.00 X 0 0 0 ERIC VOGELSBERG CHIEF FINANCIAL OFFICER 12.00 X 0 0 0 283878 0 0 1 0 0 0 0 611079 12708 623787 EQUALIZATION 611600 5230535 5230535 OTHER PROGRAM REVENUE 611600 375838 375838 5606373 22773 22773 -47970 -47970 6204963 5606373 -25197 0 283878 283878 2924414 2823595 100819 344000 333680 10320 65835 62284 3551 220559 213058 7501 4516 4516 442652 330953 111699 15945 15945 13864 13864 60135 60059 76 150 150 882594 794335 88259 335104 301594 33510 64182 64182 SUPPLIES 230824 195687 35137 5888652 5413137 475515 0 682743 775585 888358 1011178 29515 3042 81042 15110616 1105502 13922395 14005114 1438725 1980286 16961736 17856247 700233 1000457 15834949 15708905 239985 644005 16775167 17353367 X 186569 502880 186569 502880 16961736 17856247 316311 0 X 0 1 X 0 0 X 1978423 1978423 12557231 972772 11584459 55013 51396 3617 519949 81334 438615 14005114 LONG TERM RESTRICTED CASH 1262119 RELATED PARTY RECEIVABLE 536834 CASH SURRENDER VALUE OF LIFE INSURANCE 181333 1980286 DEPOSITS HELD FOR OTHERS 8225 PPP 635780 644005 X 6204963 0 6204963 0 6204963 5888652 0 5888652 0 5888652 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. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL HAS THEIR RACIAL NONDISCRIMINATORY POLICY IN THE SCHOOL'S HANDBOOK, WHICH IS POSTED ON THEIR WEBSITE. X 0 0 0 0 0 0 0 0 0 PART I, LINE 3 AUTHORIZATION OF COMPENSATION AMOUNTS FOR THE BOARD MEMBERS WHO ARE EMPLOYED BY HERITAGE ACADEMY, INC ARE APPROVED BY A MAJORITY VOTE OF THE GOVERNING BOARD THE SUBJECT MEMBER WHOSE COMPENSATION IS SUBJECT TO APPROVAL ABSTAINS FROM THE VOTE. A MARICOPA COUNTY 860445263 56681MAB5 2017-11-13 15920000 PURCHASE LAND AND BUILDING 0 0 1 A 15935977 1262119 229678 14243174 201006 0 0 0 1 A 0 0 0 0 1 0 1 A 0 0 0 0 1 0 0 0 1 A 1 SCHEDULE K, PART I TOTAL ISSUE PRICE OF THE BOND WAS $31,835,000. THE BOND PROCEEDS WERE SPLIT BETWEEN TWO CHARTER SCHOOLS UNDER THE HERITAGE ACADEMY INC GROUP EXEMPTION. HERITAGE ACADEMY GATEWAY WAS ALLOCATED $15,920,000 OF THE BOND AND HERITAGE ACADEMY LAVEEN INC WAS ALLOCATED $15,915,000 OF THE BOND TO PURCHASE BUILDING AND LAND FOR THE RESPECTIVE SCHOOLS. SCHEDULE K, PART I AND II THE DIFFERENCE BETWEEN BOND ISSUE PRICE IN PART I AND BOND PROCEEDS OF ISSUE IN PART 2 LINE 3 IS INTEREST EARNED ON PROCEEDS PRIOR TO ISSUANCE. 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 15 AUTHORIZATION OF COMPENSATION AMOUNTS FOR THE BOARD MEMBERS WHO ARE EMPLOYED BY HERITAGE ACADEMY, 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.