2014-02-19T13:04:44-08:00 2013-06-30 MCGUIRE & ASSOCIATES 300 N WILLSON STE 3008 BOZEMAN MT 597156050 990 2012-07-01 810503427 PETRA ACADEMY INC PETR 4065828165 4720 CLASSICAL WAY BOZEMAN MT 59718 GREG GIANFORTE 4065828165 2013-10-23 true JACQUELINE MCGUIRE 4065873333 X 2012 2015-11-30 17:44:51Z GREG GIANFORTE 4720 CLASSICAL WAY BOZEMAN MT 59718 1243462 false X petraacademy.com X 2000 MT To provide an academically challenging, classical education to 150+ students, grades K-12. 6 6 38 25 0 4022897 446297 536215 784047 641 3085 -3636 4039 4556117 1237468 0 0 671315 746048 0 150 472570 454349 1143885 1200397 3412232 37071 8806933 8839602 256169 248842 8550764 8590760 To provide an academically challenging, classical education to false false 1012254 787132 TO PROVIDE AN ACADEMICALLY CHALLENGING, CLASSICAL EDUCATION TO 150+ STUDENTS, GRADES K-12. 1012254 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 7 0 38 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 TODD HICKS 4065828165 4720 CLASSICAL WAY BOZEMAN MT 59718 GREG GIANFORTE 2.00 X X 0 0 0 STEVE MAYVILLE 1.00 X X 0 0 0 LAEF OLSON 1.00 X X 0 0 0 SHANNON UNGERSMAN 1.00 X 0 0 0 CHAD LAIRD 1.00 X 0 0 0 TODD HICKS 40.00 X 56472 0 6036 56472 6036 false false false 54618 391679 446297 784047 784047 3085 10033 54618 5994 4039 4039 1237468 787132 4039 66036 49527 16509 0 574374 430780 143594 0 58873 44155 14718 0 46765 35074 11691 0 9050 9050 0 0 1595 1445 0 150 1994 1894 100 0 12848 12848 0 0 66553 66553 0 0 6489 6489 0 0 781 781 0 0 236932 236932 0 0 13229 13229 0 0 Books 15973 15973 0 0 CTP/SAT Scoring 2073 2073 0 0 Supplies 16466 16466 0 0 Staff Tuition Discount 55647 55647 0 0 14719 13338 1381 0 1200397 1012254 187993 150 90844 76299 81590 51625 5107 2980 9087679 425527 8603425 8662152 25967 46546 8806933 8839602 78502 74914 80967 84927 96700 89001 256169 248842 X 8603425 8662152 -52661 -71392 8550764 8590760 8806933 8839602 X 37071 1594 1414 5 -88 X false true X true false X 0 0 0 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 686625 686625 8271205 381280 7889925 119849 44247 75602 10000 10000 8662152 Unearned Lease Income 89001 89001 1246472 1594 1414 5994 9002 1237470 -2 -2 1237468 1206391 5994 5994 1200397 1200397 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 XI 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 39701 29668 10033 5734 Spell-a-thon 25203 25203 260 64904 54871 10033 5994 5994 4039 Pt VI, Line 15b Petra's Board approves modest pay increases and employees receive comparable compensation to educational institutions in Petra's area. Pt VI, Line 19 Petra's Parent-Student Handbook is read by all school families and contains governing policies; by-laws & financial statements are available upon request. Pt VI, Line 8b There are no committees authorized to act on behalf of the governing body. Petra's by-laws give the Petra Board of Directors the responsibility for oversight for all the business of the school, including compilation (or audit) of its financial statements and selection of an independent accountant. The headmaster is charged to administer the day to day operations of the school including these functions. The headmaster works with the bookkeeper and independent accountant to compile financial statements. The headmaster is responsible to present monthly financial statements to the Board for their approval. The headmaster submits an annual budget for the Board's approval, in June, before the beginning of a new fiscal year. Similarly, the headmaster investigates and negotiates contracting an independent accountant and 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, the headmaster makes copies for all four Board Members and submits it to them for their approval before filing the form. Pt VI, Line 2 Chairman Greg Gianforte is a shareholder of Oracle RightNow, (formerly RightNow Technologies) and Board Member Laef Olson is an employee at Oracle RightNow. Pt VI, Line 15a The headmaster's salary is annually reviewed by the Board. The original salary was set several years ago by comparing Form 990, Part IX, Line 24f DUES & SUBSCRIPTIONS 1289. 1289. TAXES AND LICENSES 6434. 6434. MISCELLANEOUS 977. 977. UNEMPLOYMENT INSURANCE 1623. 1217. 406. WORKER'S COMP INSURANCE 3901. 2926. 975. BANK CHARGES 495. 495. it to other salaries across Classical Christian schools. Since then the headmaster receives a performance review annually and is given raises accordingly. Pt XI Payroll liability adjustment not reported on audit.