Heritage Acres I Inc is a 501(c)(3) organization based in Sturgis, South Dakota, registered in 1986, with $1,063,721 in FY2025 revenue. CharityIndex grades it F.
Revenue (FY2025)
$1.1M
▲ 6.4% vs prior year
Expenses (FY2025)
$1.2M
Net assets
-$717K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Heritage Acres I Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Heritage Acres I Inc: 0 mo reserves · -17% margin earns a F on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Heritage Acres I Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Heritage Acres I Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $668K (FY2013) to $1.1M (FY2025) across 13 reported years.
Financial snapshot
Operating margin
-17.4%
Spent more than it raised in the latest fiscal year.
Total assets
$5.3M
Total liabilities
$6.0M
Net assets
-$717K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $1,063,721▲6.4% | $1,248,330▲6.8% | -$716,884▼41.4% | $5,263,547▼4.8% | 990 |
| 2024 | $999,683▲5.3% | $1,168,380▲3.5% | -$506,847▼96.3% | $5,528,369▼4.0% | 990 |
| 2023 | $949,743▲6.4% | $1,129,056▲26.9% | -$258,175▼501% | $5,760,200▼4.4% | 990 |
| 2022 | $892,602▲10.9% | $889,794▲2.5% | -$42,930▼296% | $6,022,333▼1.0% | 990 |
| 2021 | $804,664▼2.9% | $867,673▲3.6% | $21,913▼85.0% | $6,084,836▲17.4% | 990 |
| 2020 | $828,302▼18.6% | $837,174▲1.1% | $146,362▼6.6% | $5,180,816▲56.3% | 990 |
| 2019 | $1,017,076▲19.4% | $827,764▲2.1% | $156,759▲0.4% | $3,314,889▼1.6% | 990 |
| 2018 | $851,482▲1.8% | $811,034▼0.2% | $156,084▼8.8% | $3,370,306▼2.4% | 990 |
| 2017 | $836,576▲15.4% | $812,496▼1.2% | $171,159▼23.6% | $3,453,759▼3.6% | 990 |
| 2016 | $725,162▼22.3% | $822,320▲6.2% | $223,971▼30.3% | $3,581,440▼4.3% | 990 |
| 2015 | $933,772▲26.3% | $774,501▼4.1% | $321,129▲98.4% | $3,740,843▲3.0% | 990 |
| 2014 | $739,100▲10.7% | $807,204▲3.7% | $161,858▼25.6% | $3,631,479▼2.9% | 990 |
| 2013 | $667,930 | $778,146▲2.1% | $217,568▼33.6% | $3,738,421▼4.0% | 990 |
| 2012 | — | $762,045▲10.8% | $327,784▼31.7% | $3,895,241▼5.1% | 990 |
| 2011 | — | $687,772 | $479,892 | $4,103,858 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Heritage Acres I Inc (EIN 46-0386021) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.