Civic Intelligence

Petra Academy Inc.

990 • Fiscal year 2021 • EIN 81-0503427

Aug 01, 2020 to Jul 31, 2021 • Filed on Dec 09, 2021

Organization ProfilePETRAACADEMY.COM
4720 Classical WayBozeman, MT 59718

(406) 582-8165

Siviq Scores

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

Liabilities / Assets

35th percentile

0.05x

Higher debt load relative to assets than 35% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.21x

Higher debt load relative to revenue than 56% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Net Margin

39th percentile

6.9%

Higher net margin than 39% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

26th percentile

$48,047

Higher top officer pay than 26% of similar nonprofits.

Top officer pay equals 2.1% of source-year revenue.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Asset Growth

31st percentile

2.5%

Faster asset growth than 31% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

78th percentile

48%

Faster revenue growth than 78% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets35th percentile

Assets

Up

$9,927,589

Up $240,770 (+2.5%) from 2020

Net Assets

Up

$9,463,790

Up $154,807 (+1.7%) from 2020

Liabilities

Up

$463,799

Up $85,963 (+23%) from 2020

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin39th percentile

Revenue

Up

$2,249,359

Up $728,841 (+48%) from 2020

Expenses

Up

$2,094,552

Up $259,777 (+14%) from 2020

Net Income

Up

$154,807

Up $469,064 (+149%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth31st percentile

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

$15M$10M$5.0M$0Assets 2011: $5,175,940Liabilities 2011: $38,651Net Assets 2011: $5,137,2892011Assets 2012: $8,806,933Liabilities 2012: $256,169Net Assets 2012: $8,550,7642012Assets 2013: $8,839,602Liabilities 2013: $248,842Net Assets 2013: $8,590,7602013Assets 2014: $9,314,433Liabilities 2014: $226,360Net Assets 2014: $9,088,0732014Assets 2015: $10,629,882Liabilities 2015: $338,057Net Assets 2015: $10,291,8252015Assets 2016: $10,757,957Liabilities 2016: $221,252Net Assets 2016: $10,536,7052016Assets 2017: $10,457,519Liabilities 2017: $265,605Net Assets 2017: $10,191,9142017Assets 2018: $10,102,930Liabilities 2018: $279,386Net Assets 2018: $9,823,5442018Assets 2019: $9,855,590Liabilities 2019: $232,350Net Assets 2019: $9,623,2402019Assets 2020: $9,686,819Liabilities 2020: $377,836Net Assets 2020: $9,308,9832020Assets 2021: $9,927,589Liabilities 2021: $463,799Net Assets 2021: $9,463,7902021Assets 2022: $12,027,777Liabilities 2022: $552,503Net Assets 2022: $11,475,2742022Assets 2023: $11,769,251Liabilities 2023: $582,230Net Assets 2023: $11,187,0212023Assets 2024: $11,676,021Liabilities 2024: $652,589Net Assets 2024: $11,023,4322024Assets 2025: $12,946,552Liabilities 2025: $659,614Net Assets 2025: $12,286,9382025

Highlighted filing

2021

Assets$9,927,589
Liabilities$463,799
Net Assets$9,463,790
Open 2021 Filing

Operations Trend

Revenue Growth78th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $5,812,528Expenses 2011: $894,854Net Income 2011: $4,917,6742011Expenses 2012: $1,143,8852012Expenses 2013: $1,200,3972013Revenue 2014: $1,886,225Expenses 2014: $1,393,511Net Income 2014: $492,7142014Revenue 2015: $2,771,803Expenses 2015: $1,569,369Net Income 2015: $1,202,4342015Revenue 2016: $2,082,725Expenses 2016: $1,838,225Net Income 2016: $244,5002016Revenue 2017: $1,670,099Expenses 2017: $2,015,490Net Income 2017: -$345,3912017Revenue 2018: $1,740,853Expenses 2018: $2,046,036Net Income 2018: -$305,1832018Revenue 2019: $1,655,032Expenses 2019: $1,855,336Net Income 2019: -$200,3042019Revenue 2020: $1,520,518Expenses 2020: $1,834,775Net Income 2020: -$314,2572020Revenue 2021: $2,249,359Expenses 2021: $2,094,552Net Income 2021: $154,8072021Revenue 2022: $4,390,598Expenses 2022: $2,378,851Net Income 2022: $2,011,7472022Revenue 2023: $2,746,619Expenses 2023: $3,031,297Net Income 2023: -$284,6782023Revenue 2024: $3,243,778Expenses 2024: $3,407,367Net Income 2024: -$163,5892024Revenue 2025: $4,986,054Expenses 2025: $3,826,305Net Income 2025: $1,159,7492025

Highlighted filing

2021

Revenue$2,249,359
Expenses$2,094,552
Net Income$154,807
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Aug 1, 2020 to Jul 31, 2021
Signed
Dec 9, 2021
Return Version
2020v4.0
Gross Receipts
$2,260,355
Mission and Program Overview

Mission

To provide an academically challenging, classical education to students, grades pre-k through 12.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$9,278,804$9,015,523▼ $263,281
Cash and Non-Interest-Bearing Accounts$194,093$583,529▲ $389,436
Savings and Temporary Cash Investments$123,695$264,487▲ $140,792
Prepaid Expenses and Deferred Charges$51,237$26,365▼ $24,872
Accounts Receivable$18,935$11,202▼ $7,733
Other Notes and Loans Receivable, Net-$4,628-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$9,686,819$9,927,589▲ $240,770
Other Assets Total$20,055$21,855▲ $1,800
Liabilities
Deferred Revenue$71,113$393,098▲ $321,985
Other Liabilities$67,365$53,015▼ $14,350
Accounts Payable and Accrued Expenses$9,725$10,987▲ $1,262
Mortgage Notes Payable Secured by Investment Property$229,633$6,699▼ $222,934
Total Liabilities$377,836$463,799▲ $85,963
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$9,293,110$9,462,027▲ $168,917
Net Assets With Donor Restrictions$15,873$1,763▼ $14,110
Total Net Assets Fund Balance$9,308,983$9,463,790▲ $154,807
Total Liabilities and Net Assets / Fund Balance$9,686,819$9,927,589▲ $240,770

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$8,286,375$3,028,206$11,314,581
Land$686,625-$686,625
Equipment$42,523$134,625$177,148
Compensation and Service Providers
Top Officer Pay26th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Justice KerrHeadmasterFT$48,047$48,047
Craig DunhamPast HeadmasterFT$13,333$13,333

Board Members and Trustees

NameTitle
Sarah StoreboBoard Chair
Bradley ChristianDirector
Dana TerryDirector
Jim StumboDirector
Taylor HandleyDirector
Kristina StewartSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$754,088
Program Service Revenue
$1,406,593
Investment Income
$118
Other Revenue
$88,560
All Other Contributions
$317,833
Change in Net Assets
$154,807

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,249,359
Revenue Not Reported on Form 990
$-104,384
Total Revenue per Audited Statements
$2,144,975
Total Revenue per Form 990
$2,249,359
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,367,032
Other Expenses$612,452
Grants and Similar Amounts Paid$115,068
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$834,281$296,571-$1,130,852
Depreciation Depletion$304,408--$304,408
Current Officers, Directors, Trustees, and Key Employees$97,614$34,700-$132,314
Grants to Domestic Individuals$115,068--$115,068
Payroll Taxes$82,296$21,570-$103,866
Occupancy$67,933--$67,933
All Other Expenses$67,538--$67,538
Other Expenses$24,107--$24,107
Insurance$19,065--$19,065
Information Technology$18,194--$18,194
Advertising$5,280--$5,280
Office Expenses$4,790$252-$5,042
Fees for Services Accounting$2,450--$2,450
Interest$1,480--$1,480
Fees for Services Other$151--$151
Total Functional Expenses$1,741,459$353,093$0$2,094,552

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,094,552
Total Expenses per Form 990$2,094,552
Total Expenses per Audited Statements$1,990,168
Expenses Not Reported on Form 990$-104,384
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$17,554
Fundraising Direct Expenses$10,996
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Spell-a-thon$38,529-$198-
Annual Fundraiser$399,427$11,811$8,421$3,390
Total Events$452,591$16,336$10,684$5,652
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Unearned Lease Income$53,015
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 8: Explanation of No Contemporaneously Documentation of Meetings

“There are no committees authorized to act on behalf of the governing body.”

Form 990, Part VI, Line 11B: Form 990 Review Process

“Form 990 is prepared by an independent accountant, then reviewed by all board members for approval before filing.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“The headmaster's salary is annually reviewed by the board. The original salary was set upon his hiring, by comparing it to other salaries across classical christian schools. Since then, the headmaster receives a performance review annually by the board and is given raises accordingly.”

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

“The board approves modest pay increases and employees receive comparable compensation to educational institution in petra's area.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“AVAILABLE UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Petra Academy Inc
EIN
81-0503427
Phone
4065828165
Address
4720 CLASSICAL WAY, BOZEMAN, MT 59718

Signing Officer

Name
Sarah Storebo
Title
Board Chair
Signed
2021-12-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sarah Storebo
Formed
2000
Legal Domicile
Mt
Voting Board Members
6
Independent Board Members
6
Employees
55
Volunteers
12

Preparer

Firm
Amatics CPA Group
Address
45 Discovery Drive, Bozeman, MT 59718
Preparer
Morgan Scarr
Phone
4064041925
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IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE AN ACADEMICALLY CHALLENGING, CLASSICAL EDUCATION TO STUDENTS, GRADES PRE-K THROUGH 12.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0229633
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt06699
IRS990/NetAssetsOrFundBalancesBOYAmt09308983
IRS990/NetAssetsOrFundBalancesEOYAmt09463790
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt06558
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt06558
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt082002
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt082002
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt09293110
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt09462027
IRS990/NoncashContributionsAmt01426
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt067933
IRS990/OccupancyGrp/TotalAmt067933
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0252
IRS990/OfficeExpensesGrp/ProgramServicesAmt04790
IRS990/OfficeExpensesGrp/TotalAmt05042
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt020055
IRS990/OtherAssetsTotalGrp/EOYAmt021855
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0MAINTENANCE
IRS990/OtherExpensesGrp/Desc1BOOKS
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc3ATHLETICS
IRS990/OtherExpensesGrp/ProgramServicesAmt041224
IRS990/OtherExpensesGrp/ProgramServicesAmt130444
IRS990/OtherExpensesGrp/ProgramServicesAmt225136
IRS990/OtherExpensesGrp/ProgramServicesAmt324107
IRS990/OtherExpensesGrp/TotalAmt041224
IRS990/OtherExpensesGrp/TotalAmt130444
IRS990/OtherExpensesGrp/TotalAmt225136
IRS990/OtherExpensesGrp/TotalAmt324107
IRS990/OtherLiabilitiesGrp/BOYAmt067365
IRS990/OtherLiabilitiesGrp/EOYAmt053015
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0296571
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0834281
IRS990/OtherSalariesAndWagesGrp/TotalAmt01130852
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt04628
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt021570
IRS990/PayrollTaxesGrp/ProgramServicesAmt082296
IRS990/PayrollTaxesGrp/TotalAmt0103866
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt051237
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt026365
IRS990/PrincipalOfficerNm0SARAH STOREBO
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2611600
IRS990/ProgramServiceRevenueGrp/BusinessCd3611600
IRS990/ProgramServiceRevenueGrp/Desc0ATHLETIC FEES
IRS990/ProgramServiceRevenueGrp/Desc1SALES AND MISC REVENUE
IRS990/ProgramServiceRevenueGrp/Desc2SCHOOL FUNCTIONS, NET
IRS990/ProgramServiceRevenueGrp/Desc3TUITION INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt020192
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1661
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21253
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt31384487
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt020192
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1661
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21253
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt31384487
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0236936
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt080244
IRS990/PYInvestmentIncomeAmt01327
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0573822
IRS990/PYOtherRevenueAmt047135
IRS990/PYProgramServiceRevenueAmt01235120
IRS990/PYRevenuesLessExpensesAmt0-314257
IRS990/PYSalariesCompEmpBnftPaidAmt01180709
IRS990/PYTotalExpensesAmt01834775
IRS990/PYTotalRevenueAmt01520518
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0154807
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt082002
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01406593
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0123695
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0264487
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt08286375
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03028206
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt011314581
IRS990ScheduleD/EquipmentGrp/BookValueAmt042523
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0134625
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0177148
IRS990ScheduleD/ExpensesNotReportedAmt0-104384
IRS990ScheduleD/ExpensesSubtotalAmt02094552
IRS990ScheduleD/LandGrp/BookValueAmt0686625
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0686625
IRS990ScheduleD/OtherExpensesIncludedAmt0-104384
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt053015
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0UNEARNED LEASE INCOME
IRS990ScheduleD/OtherRevenueAmt0-104384
IRS990ScheduleD/RevenueNotReportedAmt0-104384
IRS990ScheduleD/RevenueSubtotalAmt02249359
IRS990ScheduleD/TotalBookValueLandBuildingsAmt09015523
IRS990ScheduleD/TotalExpensesPerForm990Amt02094552
IRS990ScheduleD/TotalLiabilityAmt053015
IRS990ScheduleD/TotalRevenuePerForm990Amt02249359
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02144975
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01990168
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0ALL APPLICANTS ARE ASKED TO AFFIRM READING OF PETRA'S PARENT-STUDENT HANDBOOK WHERE THEIR NONDISCRIMINATORY POLICY IS CLEARLY STATED.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0436255
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0387616
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt038529
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt010110
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt010684
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ANNUAL FUNDRAISER
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0SPELL-A-THON
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0399427
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt038529
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt014635
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0452591
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt011811
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt04525
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt016336
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt05652
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt02065

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Filings

Displayed year

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

Open filing
Assets
$9,927,589
Liabilities
$463,799
Net assets
$9,463,790
Revenue
$2,249,359
Expenses
$2,094,552
Net income
$154,807
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$12.9$0.66$12.3$4.99$3.83$1.16
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.7$0.65$11.0$3.24$3.41$0.16
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.8$0.58$11.2$2.75$3.03$0.28
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.0$0.55$11.5$4.39$2.38$2.01
2021Detailed filing. Detailed filing data is available for this year.$9.93$0.46$9.46$2.25$2.09$0.15
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.69$0.38$9.31$1.52$1.83$0.31
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.86$0.23$9.62$1.66$1.86$0.20
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.1$0.28$9.82$1.74$2.05$0.31
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.5$0.27$10.2$1.67$2.02$0.35
2016Detailed filing. Detailed filing data is available for this year.$10.8$0.22$10.5$2.08$1.84$0.24
2015Detailed filing. Detailed filing data is available for this year.$10.6$0.34$10.3$2.77$1.57$1.20
2014Detailed filing. Detailed filing data is available for this year.$9.31$0.23$9.09$1.89$1.39$0.49
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.84$0.25$8.59$1.20
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.81$0.26$8.55$1.14
2011Summary only. Only limited summary data is available for this year.$5.18$0.04$5.14$5.81$0.89$4.92