Civic Intelligence

Petras Arts Inc

990EZ • Fiscal year 2021 • EIN 26-4128859

Sep 01, 2020 to Aug 31, 2021 • Filed on Sep 06, 2023

Organization Profile
1579 N 50 WOrem, UT 84057

(801) 680-7534

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

100th percentile

426.06x

Higher debt load relative to assets than 100% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2021

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / Assets100th percentile

Assets

$130

No earlier filing loaded for comparison.

Net Assets

-$55,258

No earlier filing loaded for comparison.

Liabilities

$55,388

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

-

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$100K$50K$0-$50K-$100KAssets 2021: $130Liabilities 2021: $55,388Net Assets 2021: -$55,2582021Assets 2022: $50Liabilities 2022: $55,388Net Assets 2022: -$55,3382022Assets 2023: $150Liabilities 2023: $55,388Net Assets 2023: -$55,2382023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024Assets 2025: $0Liabilities 2025: $0Net Assets 2025: $02025

Highlighted filing

2021

Assets$130
Liabilities$55,388
Net Assets-$55,258
Open 2021 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$0Revenue 2023: $0Expenses 2023: $0Net Income 2023: $02023Revenue 2024: $0Expenses 2024: $0Net Income 2024: $02024Revenue 2025: $0Expenses 2025: $0Net Income 2025: $02025

Latest loaded filing

2025

Revenue$0
Expenses$0
Net Income$0
Open 2025 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2020 to Aug 31, 2021
Signed
Sep 6, 2023
Return Version
2020v4.1
Gross Receipts
$0
Mission and Program Overview

Mission

Private International Education for the Arts K thru 12. Grades K - 5 are local and within a bussing system. Grades 6 - 12 are domestic and international.

Create build & promote fine art educatio

Program Services

DescriptionGrantsExpenses
FINE ART EDUCATION--
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
RUTHANNE CHRISTENSENFull Time Pres CEO Chair Of Bd-$0--
TONY A WEGENERBoard Member-$0--
HAROLD OAKSBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Petras Arts Inc
EIN
26-4128859
Address
1579 N 50 W, OREM, UT 84057

Signing Officer

Name
Ruthanne Christensen
Title
Full Time Pres
Phone
8016807534
Signed
2023-09-06
Discuss with paid preparer
Yes

Preparer

Firm
Ellis Services
Address
14931 S Rutledge Rd, RIVERTON, UT 84065
Preparer
Nick Ellis
Phone
8012097060
Supplemental Narrative

Additional Explanations

General explanation attachment

“This past fiscal year has been a year of waiting for funding which will garner full support of the project.”

Description of total liabilities Part II line 26

“Category beginning of year end of yearaccounts payable 55,388 55,388”

Raw XML Appendix112 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0RUTHANNE CHRISTENSEN
IRS990EZ/BooksInCareOfDetail/PhoneNum08016807534
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01579 N 50 W
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0OREM
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0UT
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd084057
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0130
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0130
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0130
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0130
IRS990EZ/GrossReceiptsAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-55258
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-55258
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-55258
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-55258
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0RUTHANNE CHRISTENSEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1TONY A WEGENER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2HAROLD OAKS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0FULL TIME PRES CEO CHAIR OF BD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0CREATE BUILD & PROMOTE FINE ART EDUCATIO
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0FINE ART EDUCATION
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt055388
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt055388
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/PrivateFoundation170Ind0X
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THIS PAST FISCAL YEAR HAS BEEN A YEAR OF WAITING FOR FUNDING WHICH WILL GARNER FULL SUPPORT OF THE PROJECT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CATEGORY BEGINNING OF YEAR END OF YEARACCOUNTS PAYABLE 55,388 55,388
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0General explanation attachment
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of total liabilities Part II line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RUTHANNE CHRISTENSEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0FULL TIME PRES
ReturnHeader/BusinessOfficerGrp/PhoneNum08016807534
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-09-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PETRAS ARTS INC
ReturnHeader/Filer/BusinessNameControlTxt0PETR
ReturnHeader/Filer/EIN0264128859
ReturnHeader/Filer/USAddress/AddressLine1Txt01579 N 50 W
ReturnHeader/Filer/USAddress/CityNm0OREM
ReturnHeader/Filer/USAddress/StateAbbreviationCd0UT
ReturnHeader/Filer/USAddress/ZIPCd084057
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0824151609
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Ellis Services
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt014931 S Rutledge Rd
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RIVERTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0UT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd084065
ReturnHeader/PreparerPersonGrp/PhoneNum08012097060
ReturnHeader/PreparerPersonGrp/PreparationDt02023-09-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Nick Ellis
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-09-06T21:02:50-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0RUTHANNE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CHRISTENSEN
ReturnHeader/TaxPeriodBeginDt02020-09-01
ReturnHeader/TaxPeriodEndDt02021-08-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$130
Liabilities
$55,388
Net assets
-$55,258
Revenue
-
Expenses
-
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.15$55.4$55.2$0.00$0.00$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.05$55.4$55.3
2021Detailed filing. Detailed filing data is available for this year.$0.13$55.4$55.3