2015-01-22T08:04:41-08:00 2014-06-30 MCGUIRE & ASSOCIATES 300 N Willson Ste 3008 Bozeman MT 597156050 990 2013-07-01 810503427 Petra Academy Inc PETR 4065828165 4720 Classical Way Bozeman MT 59718 GREG GIANFORTE CHAIRMAN 4065828165 2014-10-30 true JACQUELINE MCGUIRE 4065873333 X 2013 2016-02-25 16:41:14Z GREG GIANFORTE 4720 Classical Way Bozeman MT 59718 1889322 false X petraacademy.com X 2000 MT To provide an academically challenging, classical education to 180+ students, grades K-12. 6 6 43 15 0 446297 943941 784047 934538 3085 843 4039 6903 1237468 1886225 0 0 746048 843435 0 0 454349 550076 1200397 1393511 37071 492714 8839602 9314433 248842 226360 8590760 9088073 To provide an academically challenging, classical education to 180+ false false 1180703 935381 TO PROVIDE AN ACADEMICALLY CHALLENGING, CLASSICAL EDUCATION TO 180+ STUDENTS, GRADES K-12. 1180703 true true false false false false false false false false true false false false true false true false true false false false false false true false false false false false false false false false false false false false false false false false false false false false false true 3 0 43 true false false false false false true true false false false false X 6 6 true false false false false false false true false false false true true false false false false true true false X SAM KOENEN 4065828165 4720 Classical Way Bozeman MT 59718 GREG GIANFORTE Chairman 2.00 X X 0 0 0 STEVE MAYVILLE Vice Chair 1.00 X X 0 0 0 LAEF OLSON Sec./Treas. 1.00 X X 0 0 0 SHANNON UNGERSMAN Parent Rep. 1.00 X 0 0 0 CHAD LAIRD Board of Director 1.00 X 0 0 0 TODD HICKS Headmaster 40.00 X 57128 0 3511 57128 3511 false false false 51726 892215 997 943941 934538 934538 843 10000 51726 3097 6903 6903 1886225 935381 6903 65511 49133 16378 0 660568 495426 165142 0 63720 47790 15930 0 53636 40227 13409 0 8870 8870 0 0 1628 1628 0 0 3188 3029 159 0 8049 8049 0 0 79129 79129 0 0 608 608 0 0 308340 308340 0 0 13694 13694 0 0 Books 20335 20335 0 0 CTP/SAT Scoring 2371 2371 0 0 Supplies 14526 14526 0 0 Staff Tuition Discount 69163 69163 0 0 20175 18385 1790 0 1393511 1180703 212808 0 76299 51100 51625 92124 2980 30222 9851302 733867 8662152 9117435 46546 23552 8839602 9314433 74914 54605 84927 91655 89001 80100 248842 226360 X 8662152 9117435 -71392 -29362 8590760 9088073 8839602 9314433 X 492714 4512 88 -1 X false true X true false X 0 0 0 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 686625 686625 9061509 676237 8385272 93168 57630 35538 10000 10000 9117435 Unearned Lease Income 80100 80100 1894334 4512 500 3097 8109 1886225 1886225 1397107 500 3097 3597 1393510 1 1 1393511 Pt XII Line 2d Audit fundraising expenses netted with income on tax return. Pt XI Line 2d Audit fundraising expenses netted with income on tax return. Pt XII Line 4b Rounding true true true true true true true false false false false false false false false false false true Line 3 ALL APPLICANTS ARE ASKED TO AFFIRM READING OF PETRA'S PARENT- STUDENT HANDBOOK WHERE THEIR NONDISCRIMINATORY POLICY IS CLEARLY STATED. Play 42175 32175 10000 1008 151 1843 Spell-a-thon 19551 19551 70 8 17 61726 51726 10000 1078 159 1860 3097 6903 Pt VI, Line 15b Petra's Board approves modest pay increases and employees receive comparable Pt VI, Line 15b compensation to educational institutions in Petra's area. Pt VI, Line 19 Petra's Parent-Student Handbook is read by all school families Pt VI, Line 19 and contains governing policies; by-laws & financial Pt VI, Line 19 statements are available upon request. Pt VI, Line 8b There are no committees authorized to act on behalf of the Pt VI, Line 8b governing body. Pt VI, Line 8b Petra's by-laws give the Petra Board of Directors the responsibility Pt VI, Line 8b for oversight for all the business of the school, including compilation Pt VI, Line 8b (or audit) of its financial statements and selection of an independent accountant. Pt VI, Line 8b The headmaster is charged to administer the day to day operations of the school including Pt VI, Line 8b these functions. The headmaster works with the bookkeeper and independent Pt VI, Line 8b accountant to compile financial statements. The headmaster is responsible Pt VI, Line 8b to present monthly financial statements to the Board for their approval. Pt VI, Line 8b The headmaster submits an annual budget for the Board's approval, in June, Pt VI, Line 8b before the beginning of a new fiscal year. Similarly, the Pt VI, Line 8b headmaster investigates and negotiates contracting an independent accountant and Pt VI, Line 8b then submits the proposal to the Board of Directors for their approval. Pt VI, Line 11b Once the Form 990 is prepared for filing by the independent accountant, Pt VI, Line 11b the headmaster makes copies for all four Board Members and submits Pt VI, Line 11b it to them for their approval before filing the form. Pt VI, Line 2 Chairman Greg Gianforte is a shareholder of Oracle RightNow, Pt VI, Line 2 (formerly RightNow Technologies) and Board Member Laef Olson is an employee at Pt VI, Line 2 Oracle RightNow. Pt VI, Line 15a The headmaster's salary is annually reviewed by the Board. Pt VI, Line 15a The original salary was set several years ago by comparing Form 990, Part IX, Line 24f DUES & SUBSCRIPTIONS 1603. 1603. TAXES AND LICENSES 6748. 6748. MISCELLANEOUS 437. 437. UNEMPLOYMENT INSURANCE 1757. 1318. 439. WORKER'S COMP INSURANCE 5403. 4052. 1351. BANK CHARGES 556. 556. TRAINING 3671. 3671. Pt VI, Line 15a it to other salaries across Classical Christian schools. Pt VI, Line 15a Since then the headmaster receives a performance review annually Pt VI, Line 15a and is given raises accordingly. Pt XI Payroll liability adjustment not reported on the prior year audit. Pt XI Rounding adjustment.