U.S. SECURITIES AND EXCHANGE COMMISSION
               Washington, D.C. 20549

                     Form 10-QSB

(Mark One)
X...Quarterly report under section 13 or 15(d) of the
Securities Exchange Act of 1934 for the quarterly period
ended February 28, 2003.

.....Transition report under section 13 or 15(d) of the
Securities Exchange Act of 1934 [No Fee Required] for the
transition period from _________ to _________.

             Commission File No:   0-21951

           THE HERITAGE ORGANIZATION, INC.
       (Name of small business in its charter)

      Colorado                           84-1356383
(State or other                     (IRS Employer Id. No.)
jurisdiction of Incorporation)

5001 Spring Valley Road, Suite 800, East Tower
Dallas,  Texas                                   75244
(Address of Principal Office)                   Zip Code

Issuer's telephone number:    (972) 991-4411


Check whether the issuer (1) filed all reports required to
be filed by Section 13 or 15(d) of the Securities Exchange
Act during the past 12 months (or for such shorter period
that the registrant was required to file such reports),
and (2) has been subject to such filing requirements for
the past 90 days. Yes ..X..  No ....

Applicable only to issuers involved in bankruptcy
proceedings during the past five years.

Check whether the issuer has filed all documents and
reports required to be filed by Section 12, 13 or 15(d) of
the Exchange Act after the distribution of securities
under a plan confirmed by a court.  Yes .....  No .....

Applicable only to corporate issuers

State the number of shares outstanding of each of the
issuer's classes of common equity, as of the latest
practicable date.  At April , 2003, the following
shares of common were outstanding:  Common Stock, no par
value, 14,000,000 shares.

Transitional Small Business Disclosure Format (Check one):
Yes .....     No ..X..


PART 1 - FINANCIAL INFORMATION

ITEM 1.  FINANCIAL STATEMENTS AND EXHIBITS

(a)  The unaudited financial statements of registrant for
the three months ended February 28, 2003, follow.  The
financial statements reflect all adjustments which are, in
the opinion of management, necessary to a fair statement
of the results for the interim period presented.


         THE HERITAGE ORGANIZATION, INC.
        (A Development Stage Company)

           FINANCIAL STATEMENTS

       Quarter Ended February 28, 2003


                   CONTENTS


Balance Sheet                                    F-1
Statements of Operations                         F-2
Statements of Cash Flows                         F-3
Notes to Financial Statements                    F-4


                THE HERITAGE ORGANIZATION, INC.
                 (A Development Stage Company)
                        BALANCE SHEET
                      February 28, 2003
                         (unaudited)


 ASSETS
CURRENT ASSETS:
   Cash                                   $     177
					   --------
   Total current assets                         177
					   --------
   Total assets                           $     177
                                           ========
 LIABILITIES AND STOCKHOLDERS' DEFICIT

CURRENT LIABILITIES
   Accounts payable			  $     675
   Notes payable - related party             18,000
   Accrued interest                             612
					   --------

   Total current liabilities                 19,287

STOCKHOLDERS' DEFICIT
   Preferred stock, no par value
     10,000,000 shares authorized;
     no shares issued and outstanding             -
   Common stock, no par value;
     100,000,000 shares authorized;
     14,000,000 shares issued and
     outstanding                              8,500
   Additional paid-in capital                82,509
   Deficit accumulated during the
    development stage                      (110,119)
					   --------

                                            (19,110)
					   --------
   Total liabilities and
   stockholders' deficit                   $     177
					   ========

The accompanying notes are an integral part of the
financial statements.

			F-1



                  THE HERITAGE ORGANIZATION, INC.
                   (A Development Stage Company)
                      STATEMENTS OF OPERATIONS



                       Period from           For the             For the
                       August 28, 1996    three months   three months
                       (Inception)            ended               ended
                       to February 28,      February 28,    February 28,
		       2003               2003           2002

REVENUE                $          5         $        -     $              -

EXPENSES
Amortization	         300             -                      -
Bank charges	         103             -                      -
Consulting fees	    62,800             -                      -
Directors' fees	         200             -                      -
Interest expense             3,268          293                 245
Filing fee	                         205             -                      -
Legal and
professional                  36,769        1,175               1,075
Office expense	       2,579            -                      -
Rent expense                  3,900         150                 150
		    ---------          ---------            ---------
TOTAL EXPENSES   110,124             1,618              1,470
		    ---------          ---------            ---------
NET LOSS                 (110,119)          (1,618)           (1,470)

Accumulated deficit
 Balance,
  beginning of period           -             (108,501)      (101,976)
 Balance,                       ---------          ---------          ---------
  end of period        $  (110,119)    $ (110,119)   $ (103,446)
	                =========    =========    =========

NET LOSS PER SHARE     $    (0.01)        $    (0.00)    $    (0.00)
		        =========          =========      =========

WEIGHTED AVERAGE
NUMBER OF SHARES
OUTSTANDING	        8,509,060         14,000,000     14,000,000
		        =========         ==========     ==========


The accompanying notes are an integral part of the
financial statements.

				F-2



                  THE HERITAGE ORGANIZATION, INC.
                   (A Development Stage Company)
                      STATEMENTS OF OPERATIONS



                       For the              For the
                       nine months      nine months
                       ended                 ended
                       February 28,      February 28,
		 2003                  2002

REVENUE                $        -     $        -

EXPENSES
Amortization	           -               -
Bank charges	           -               -
Consulting fees	           -               -
Directors' fees	           -               -
Interest expense               931          811
Filing fee	                           -               -
Legal and
professional                   4,069       3,260
Office expense	           25             -
Rent expense                     450         450
		        ---------    ---------
TOTAL EXPENSES       5,475      4,521
		        ---------    ---------
NET LOSS	      (5,475)   (4,521)

Accumulated deficit
 Balance,
  beginning of period    (104,644)       (98,925)
 Balance,                         ---------      ---------
  end of period        $    (110,119)    $ (103,446)
		  =========      =========

NET LOSS PER SHARE     $    (0.00)    $    (0.00)
		        =========      =========

WEIGHTED AVERAGE
NUMBER OF SHARES
OUTSTANDING	       14,000,000     14,000,000
		       ==========     ==========


The accompanying notes are an integral part of the
financial statements.

				F-2


                    THE HERITAGE ORGANIZATION, INC.
                     (A Development Stage Company)
                       STATEMENTS OF CASH FLOWS



                                          For the       For the          For the
		          Period from	   nine              nine
	                         August 28, 1996   months          months
	                         (Inception)           ended             ended
	                         to Febraury 28,     February 28,  February 28,
			 2003              2003             2002

CASH FLOWS FROM OPERATING ACTIVITIES:

Net loss                         $ (110,119)	   $  (5,475)    $  (4,521)

Adjustments to reconcile net loss to
net cash flows from operating activities:

Amortization                            300                -             -
Rent expense                          3,900              450           450
Expenses paid by shareholders        15,609                -             -
Stock issued for directors' fees     59,960                -             -
Stock issued for consulting fees      3,040                -             -
Increase (decrease) in
 accounts payable                       675               600           (6)
Increase (decrease) in
 accrued interest                       612             (66)           (339)
                                  ---------        ---------     ---------
Net cash flows from
 operating activities               (26,023)          (4,491)       (4,416)

CASH FLOWS FROM INVESTING ACTIVITIES:

Organization costs                     (300)               -             -
                                  ---------        ---------     ---------
Net cash flows from
 investing activities                  (300)               -             -

CASH FLOWS FROM FINANCING ACTIVITIES:

Issuance of common stock              8,500                -             -
Notes payable - related party        18,000                -         3,000
                                  ---------        ---------     ---------
Net cash flows from
 financing activities                26,500                -         3,000
                                  ---------        ---------     ---------
NET INCREASE
 (DECREASE) IN CASH                     177           (4,491)         (1,416)

CASH, BEGINNING OF PERIOD                 -            4,668         1,791
                                  ---------        ---------     ---------
CASH, END OF PERIOD              $      177       $      177    $      375
                                  =========        =========     =========

The accompanying notes are an integral part of the
financial statements.


			f-3


              THE HERITAGE ORGANIZATION, INC.
               (A Development Stage Company)
               NOTES TO FINANCIAL STATEMENTS
                    Febraury 28, 2003

1. Management's Representation of Interim Financial Information

The accompanying financial statements have been prepared by The Heritage
Organization, Inc. without audit pursuant to the rules and regulations of
the Securities and Exchange Commission.  Certain information and footnote
disclosures normally included in financial statements prepared in accordance
with generally accepted accounting principles have been condensed or omitted
as allowed by such rules and regulations, and management believes that the
disclosures are adequate to make the information presented not misleading.
These financial statements include all of the adjustments, which in the
opinion of management, are necessary to a fair presentation of financial
position and results of operations.  All such adjustments are of a normal
and recurring nature.  These financial statements should be read in
conjunction with the audited financial statements at May 31, 2002.

			F-4

ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF
OPERATION

Liquidity and Capital Resources.

The Company remains in the development stage, and since inception, has
experienced no significant change in liquidity or capital resources or
stockholders' equity other than the receipt of net proceeds in the amount
of $8,500 from its inside capitalization funds, and $18,000 as a loan from
a principal shareholder.  Consequently, the Company's balance sheet for the
quarter ended February 28, 2003, reflects a total asset value of $177.

The Company does not have sufficient assets or capital resources to pay its
on-going expenses while it is seeking out business opportunities, and it has
no current plans to raise additional capital through sale of securities, or
otherwise.  As a result, although the Company has no agreement in place with
its shareholders or other persons to pay expenses on its behalf, it is
currently anticipated that the Company will rely on loans, if available,
from shareholders or third parties to pay expenses at least until it is able
to consummate a business combination.  There is no assurance that the Company
will have sufficient assets or capital to pay its ongoing expenses or
continue as a going concern.

Results of Operations.

During the period from August 28, 1996 (inception) through February 28,
2003, the Company has engaged in no significant operations other than
organizational activities, acquisition of capital and registering its
securities under the Securities and Exchange Act of 1934, as amended.  No
revenues were received during this period, and the Company experienced a
cumulative net loss of $110,119.

As of the end of the quarter ending February 28, 2003, the Company has
not been able to reach any agreement or definitive understanding with any
person concerning a business combination transaction between the Company and
any other entity or business.  At the present time, no prospects exist for
the potential business combination of the Company and any other entity and
none is presently anticipated.

The Company intends to continue with its previous business plan to seek,
investigate and possibly acquire one or more properties or businesses.  Such
an acquisition may be made by purchase, merger, exchange of stock, or
otherwise and may encompass assets or a business entity, such as a
corporation, joint venture, or partnership.  The Company has very limited
capital, and it is unlikely that the Company will be able to take advantage
of more than one such business opportunity.  The Company intends to seek
opportunities demonstrating the potential of long-term growth as opposed to
short-term earnings.

The Company experienced a net loss of $1,618 for the quarter, compared with
a net loss of $1,470 for the same quarter of the previous fiscal year.  The
loss during the quarter is primarily the result of legal and accounting
costs related to compliance with reporting requirements of the securities
laws.  The Company does not expect to generate any revenue until it completes
a business combination, but it will continue to incur legal and accounting
fees and other costs associated with compliance with its reporting
obligations.  As a result, the Company expects that it will continue to
incur losses each quarter at least until it has completed a business
combination.  Depending upon the performance of any acquired business, the
Company may continue to operate at a loss even following completion of a
business combination.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

This report contains various forward-looking statements that are based on the
Company's beliefs as well as assumptions made by and information currently
available to the Company.  When used in this report, the words "believe,"
"expect," "anticipate," "estimate" and similar expressions are intended to
identify forward-looking statements.  Such statements may include statements
regarding seeking business opportunities, payment of operating expenses, and
the like, and are subject to certain risks, uncertainties and assumptions
which could cause actual results to differ materially from projections or
estimates contained herein.  Factors which could cause actual results to
differ materially include, among others, unanticipated delays or difficulties
in location of a suitable business acquisition candidate, unanticipated or
unexpected costs and expenses, competition and changes in market conditions,
lack of adequate management personnel and the like.  Should one or more of
these risks or uncertainties materialize, or should underlying assumptions
prove incorrect, actual results may vary materially from those anticipated,
estimated or projected.  The Company cautions against placing undue reliance
on forward-looking statements all of which speak only as of the date made.

PART II

ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K

         (a) Exhibits

             99.1  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.

         (b) Reports on Form 8-K

             None


Signatures

In accordance with the requirements of the Exchange Act, the registrant
caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.

THE HERITAGE ORGANIZATION, INC.
(Registrant)

Date:  April , 2003


By: /s/ Vickie A. Walker
President


I, Vickie A. Walker, certify that:

1. I have reviewed this quarterly report on Form 10-QSB of The Heritage
Organization, Inc.;

2. Based on my knowledge, this quarterly report does not contain any
untrue statement of a material fact or omit to state a material fact
necessary to make the statements made, in light of the circumstances
under which such statements were made, not misleading with respect to
the period covered by this quarterly report;

3. Based on my knowledge, the financial statements, and other financial
information included in this quarterly report, fairly present in all
material respects the financial condition, results of operations and
cash flows of the registrant as of, and for, the periods presented in
this quarterly report;

4. I am responsible for establishing and maintaining disclosure controls
and procedures (as defined in Exchange Act Rules 13a-14 and 15d-14) for
the registrant and have:
   a) designed such disclosure controls and procedures to ensure that
material information relating to the registrant, including its
consolidated subsidiaries, is made known to us by others within those
entities, particularly during the period in which this quarterly report
is being prepared;
   b) evaluated the effectiveness of the registrant's disclosure controls
and procedures as of a date within 90 days prior to the filing date of this
quarterly report (the "Evaluation Date"); and
   c) presented in this quarterly report our conclusions about the
effectiveness of the disclosure controls and procedures based on our
evaluation as of the Evaluation Date;

5. I have disclosed, based on our most recent evaluation, to the
registrant's auditors and the audit committee of registrant's board of
directors (or persons performing the equivalent functions):
   a) all significant deficiencies in the design or operation of internal
controls which could adversely affect the registrant's ability to record,
process, summarize and report financial data and have identified for the
registrant's auditors any material weaknesses in internal controls; and
   b) any fraud, whether or not material, that involves management or
other employees who have a significant role in the registrant's internal
controls; and

6. I have indicated in this quarterly report whether or not there were
significant changes in internal controls or in other factors that could
significantly affect internal controls subsequent to the date of our most
recent evaluation, including any corrective actions with regard to
ignificant deficiencies and material weaknesses.


Date: April , 2003
                                            /s/  Vickie A Walker
                                            Chief Executive Officer and
                                            Chief Financial Officer