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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
 Washington, D.C. 20549
 FORM 10-QSB
  þ
    
    QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
 For the quarter year endedNovember 30, 2005
 OR
 o
    
    TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
 Commission File Number 000-21951
 THE HERITAGE ORGANIZATION, INC.
  Colorado
  84-1356383
  Attn: Vickie Walker
Post Office Box 910
Addison, Texas 75001
  214-662-4094
   Yes o No þ
 Yes þ No o
 APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE
PRECEDING FIVE YEARS
 Yes o No o
 APPLICABLE ONLY TO CORPORATE ISSUERS
 As of July 25, 2006, there were 14,000,000 shares of common stock
outstanding.
 Yes o No þ




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PART 1  FINANCIAL INFORMATION
 ITEM 1. FINANCIAL STATEMENTS AND EXHIBITS




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##### 



The Heritage Organization, Inc.
(A Development Stage Company)
 FINANCIAL STATEMENTS
(Unaudited)
 November 30, 2005
 CONTENTS
 Balance Sheets
    
    
    F-1Statements of Operations
    
    
    F-2Statements of Cash Flows
    
    
    F-3Notes to Financial Statements
    
    
    F-4Certification Pursuant to Rule 13a-14(a) or 15d-14(a)Certification Pursuant to Section 906




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THE HERITAGE ORGANIZATION, INC.
(A Development Stage Company)
 
 BALANCE SHEET
 November 30,2005
    
    
    May 31, 2005(Unaudited)ASSETSCURRENT ASSETSCash and cash equivalents
    
    $
    1,751
    
    
    $
    1,426Total Current Assets
    
    
    1,751
    
    
    
    1,426Total Assets
    
    $
    1,751
    
    
    $
    1,426LIABILITIES AND STOCKHOLDERS EQUITY (DEFICIT)CURRENT LIABILITIESAccounts payable
    
    $
    75
    
    
    $
    408Notes payable  related party
    
    
    55,000
    
    
    
    40,000Accrued interest  related party
    
    
    1,545
    
    
    
    1,311Total Current Liabilities
    
    
    56,620
    
    
    
    41,719Total Liabilities
    
    
    56,620
    
    
    
    41,719COMMITMENTS AND CONTINGENCIES
    
    
    
    
    
    
    STOCKHOLDERS EQUITY (DEFICIT)Preferred stock, $0.00001 par value; 10,000,000 shares
authorized; no shares issued and outstanding
    
    
    
    
    
    
    Common stock, $0.00001 par value; 99,000,000 shares
authorized; 14,000,000 shares issued and
outstanding
    
    
    140
    
    
    
    140Class B common stock, $0.00001 par value; 1,000,000
shares authorized; no shares issued and outstanding
    
    
    
    
    
    
    Additional paid-in capital
    
    
    92,519
    
    
    
    92,219(Deficit) accumulated during the development stage
    
    
    (147,528
    )
    
    
    (132,652
    )Total Stockholders Equity (Deficit)
    
    
    (54,869
    )
    
    
    (40,293
    )Total Liabilities and Stockholders Equity (Deficit)
    
    $
    1,751
    
    
    $
    1,426
 See accompanying notes to the financial statements
 F-1




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THE HERITAGE ORGANIZATION, INC.
(A Development Stage Company)
 
 STATEMENT OF OPERATIONS
 (Unaudited)
 For the Periodfrom Inception
    
    
    For the three
    
    
    For the three
    
    
    For the six
    
    
    For the six(8/28/96) to
    
    
    months ended
    
    
    months ended
    
    
    months ended
    
    
    months endedNovember 30,
    
    
    November 30,
    
    
    November 30,
    
    
    November 30,
    
    
    November 30,2005
    
    
    2005
    
    
    2004
    
    
    2005
    
    
    2004REVENUES
    
    $
    5
    
    
    $
    
    
    
    $
    
    
    
    $
    
    
    
    $
    EXPENSES:Amortization
    
    
    300
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    Bank charges
    
    
    425
    
    
    
    
    
    
    
    33
    
    
    
    76
    
    
    
    72Consulting fees
    
    
    62,800
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    Directors fees
    
    
    200
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    Filing fee
    
    
    2,375
    
    
    
    860
    
    
    
    
    
    
    
    2,150
    
    
    
    Legal & professional
    
    
    63,680
    
    
    
    225
    
    
    
    3,027
    
    
    
    10,478
    
    
    
    6,084Office expense
    
    
    2,534
    
    
    
    39
    
    
    
    
    
    
    
    
    
    
    
    Rent expense
    
    
    5,550
    
    
    
    150
    
    
    
    150
    
    
    
    300
    
    
    
    300Total Expenses
    
    
    137,864
    
    
    
    1,274
    
    
    
    3,210
    
    
    
    13,004
    
    
    
    6,456(LOSS) FROM
CONTINUING OPERATIONS
    
    
    (137,859
    )
    
    
    (1,274
    )
    
    
    (3,210
    )
    
    
    (13,004
    )
    
    
    (6,456
    )OTHER
(EXPENSE):Interest expense
    
    
    (9,669
    )
    
    
    (1,056
    )
    
    
    (574
    )
    
    
    (1,872
    )
    
    
    (1,097
    )NET (LOSS)
    
    $
    (147,528
    )
    
    $
    (2,330
    )
    
    $
    (3,784
    )
    
    $
    (14,876
    )
    
    $
    (7,553
    )NET (LOSS) PER SHARE
    
    
    
    
    
    $
    *
    
    
    $
    *
    
    
    $
    *
    
    
    $
    *Weighted Average
Number of Shares
Outstanding
    
    
    
    
    
    
    14,000,000
    
    
    
    14,000,000
    
    
    
    14,000,000
    
    
    
    14,000,000
 
 *
    
    = less than $0.01 per share See accompanying notes to the financial statements
 F-2




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THE HERITAGE ORGANIZATION, INC.
(A Development Stage Company)
 
 STATEMENT OF CASH FLOWS
 (Unaudited)
 For the Periodfrom Inception
    
    
    For the six
    
    
    For the six(August 28, 1996)
    
    
    months ended
    
    
    months endedto August 31, 2005
    
    
    November 30, 2005
    
    
    November 30, 2004CASH FLOWS FROM (TO) OPERATING
ACTIVITIES:Net (loss)
    
    $
    (147,528
    )
    
    $
    (14,876
    )
    
    $
    (7,553
    )Adjustments to reconcile net (loss)
to net cash flows to operating
activities:Amortization
    
    
    300
    
    
    
    
    
    
    
    Rent expense
    
    
    5,550
    
    
    
    300
    
    
    
    300Expenses paid by shareholders
    
    
    15,609
    
    
    
    
    
    
    
    Stock issued for directors fees
    
    
    59,960
    
    
    
    
    
    
    
    Stock issued for consulting fees
    
    
    3,040
    
    
    
    
    
    
    
    Increase in accounts payable
    
    
    75
    
    
    
    (333
    )
    
    
    277Increase in accrued interest
    
    
    1,545
    
    
    
    234
    
    
    
    17Net Cash Flows (Used in) Operating
Activities
    
    
    (61,449
    )
    
    
    (14,675
    )
    
    
    (6,959
    )CASH FLOWS FROM (TO) INVESTING
ACTIVITIES:Organization costs
    
    
    (300
    )
    
    
    
    
    
    
    Net Cash Flows (Used in) Investing
Activities
    
    
    (300
    )
    
    
    
    
    
    
    CASH FLOWS FROM (TO) FINANCING
ACTIVITIES:Issuance of common stock
    
    
    8,500
    
    
    
    
    
    
    
    Payments on notes payable
 related party
    
    
    (3,000
    )
    
    
    
    
    
    
    (3,000
    )Proceeds from notes payable
 related party
    
    
    58,000
    
    
    
    15,000
    
    
    
    10,000Net Cash Flows Provided By Financing
Activities
    
    
    63,500
    
    
    
    15,000
    
    
    
    7,000NET INCREASE IN CASH AND CASH
EQUIVALENTS
    
    
    1,751
    
    
    
    325
    
    
    
    41CASH AND CASH EQUIVALENTS, BEGINNING
OF PERIOD
    
    
    
    
    
    
    1,426
    
    
    
    3,334CASH AND CASH EQUIVALENTS, END OF
PERIOD
    
    $
    1,751
    
    
    $
    1,751
    
    
    $
    3,375Supplemental Disclosures of Cash
Flow Information:Interest paid
    
    $
    8,123
    
    
    $
    1,638
    
    
    $
    Taxes paid
    
    $
    
    
    
    $
    
    
    
    $
    
 See accompanying notes to the financial statements
 F-3




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THE HERITAGE ORGANIZATION, INC.
(A Development Stage Company)
 
 NOTES TO FINANCIAL STATEMENTS
 February 28, 2006
 NOTE 1  BASIS OF PRESENTATION
  NOTE 2  GOING CONCERN AND PLAN OF OPERATION
   NOTE 3  NOTES PAYABLE, RELATED PARTY
 Notes Payable
  Maturity Date
    
    Interest Rate
    
    Principal AmountFebruary 10, 2006
    
    
    7.50
    %
    
    $
    5,000March 18, 2006
    
    
    7.75
    %
    
    
    5,000May 16, 2006
    
    
    8.00
    %
    
    
    5,000June 2, 2006
    
    
    8.00
    %
    
    
    5,000August 4, 2006
    
    
    8.50
    %
    
    
    5,000August 18, 2006
    
    
    8.50
    %
    
    
    5,000August 31, 2006
    
    
    8.50
    %
    
    
    5,000September 18, 2006
    
    
    8.50
    %
    
    
    5,000September 30, 2006
    
    
    8.75
    %
    
    
    5,000November 8, 2006
    
    
    9.00
    %
    
    
    5,000November 21, 2006
    
    
    9.00
    %
    
    
    5,000$
    55,000
   F-4




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ITEM 2. MANAGEMENTS DISCUSSION AND ANALYSIS OR PLAN OF OPERATION
 Liquidity and Capital Resources.
   Results of Operations.
     CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION




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ITEM 3. CONTROLS AND PROCEDURES
  ITEM 4. RELATED PARTY TRANSACTIONS
 Notes Payable
  Maturity Date
    
    Interest Rate
    
    Principal AmountFebruary 10, 2006
    
    
    7.50
    %
    
    $
    5,000March 18, 2006
    
    
    7.75
    %
    
    
    5,000May 16, 2006
    
    
    8.00
    %
    
    
    5,000June 2, 2006
    
    
    8.00
    %
    
    
    5,000August 4, 2006
    
    
    8.50
    %
    
    
    5,000August 18, 2006
    
    
    8.50
    %
    
    
    5,000August 31, 2006
    
    
    8.50
    %
    
    
    5,000September 18, 2006
    
    
    8.50
    %
    
    
    5,000September 30, 2006
    
    
    8.75
    %
    
    
    5,000November 8, 2006
    
    
    9.00
    %
    
    
    5,000November 21, 2006
    
    
    9.00
    %
    
    
    5,000$
    55,000
   Rent Expense




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PART II
 ITEM 6. EXHIBITS
  Designation
    
    Description of Exhibit31.1*
    
    Certification pursuant to Rule 13a-14(a) or 15d-14(a) under
the Securities Exchange Act of 1934, as amended32.1*
    
    Certification of Chief Executive Officer and President of the
Company pursuant to 18 U.S.C. Section 1350, as adopted
pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
 
 *
    
    Filed herewith.




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SIGNATURES
  Dated: August 1, 2006
    THE HERITAGE ORGANIZATION, INC.By:
    /s/ Vickie WalkerVickie Walker, Secretary Chief ExecutiveOfficer and
Chief Financial Officer