2013-02-13T13:36:36-08:00 2012-06-30 MCGUIRE & ASSOCIATES 2303 HIGHLAND CT BOZEMAN MT 597156050 990 2011-07-01 810503427 PETRA ACADEMY INC PETR 4065828165 4720 CLASSICAL WAY BOZEMAN MT 59718 GREG GIANFORTE 4065828165 2013-01-21 true JACQUELINE MCGUIRE 4065873333 X 2011 2016-02-25 16:41:14Z GREG GIANFORTE 4720 CLASSICAL WAY BOZEMAN MT 59718 4567753 false X petraacademy.com X 2000 MT To provide an academically challenging, classical education to 90-120 students, grades K-12. 5 5 38 50 0 5384105 4022897 411030 536215 472 641 16921 -3636 5812528 4556117 0 0 639949 671315 0 51 254905 472570 894854 1143885 4917674 3412232 5175940 8806933 38651 256169 5137289 8550764 To provide an academically challenging classical education to 90-120 students, false false 973838 536856 TO PROVIDE AN ACADEMICALLY CHALLENGING, CLASSICAL EDUCATION TO 90-120 STUDENTS, GRADES K-12. 973838 true true false false false false false false false true 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 true 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 5 5 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 4.00 X X 0 0 0 STEVE MAYVILLE 3.00 X X 0 0 0 LAEF OLSON 3.00 X X 0 0 0 SHANNON UNGERSMAN 3.00 X 0 0 0 TODD HICKS 40.00 X 56687 0 0 56687 false false false 35244 3987653 8034 4022897 536215 536215 641 8000 35244 11636 -3636 -3636 4556117 536856 -3636 66092 49569 16523 0 508272 381204 127068 0 55243 41432 13811 0 41708 31281 10427 0 2995 2995 0 0 4268 4217 0 51 1142 1085 57 0 6883 6808 75 0 79733 79733 0 0 3867 3867 0 0 638 638 0 0 171673 171673 0 0 9579 9579 0 0 Books 15666 15666 0 0 CTP/SAT Scoring 1733 1733 0 0 Supplies 160233 160233 0 0 Accreditation 3151 3151 0 0 11009 8974 2035 0 1143885 973838 169996 51 85644 90844 81590 9564 5107 8792020 188595 5059210 8603425 14902 25967 6620 5175940 8806933 37 78502 38614 80967 96700 38651 256169 X 5059210 8603425 78079 -52661 5137289 8550764 5175940 8806933 X 3412232 1243 X X false true true X false X 0 0 0 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 14902 595 15497 14893 9 14902 14866 27 14893 686625 686625 8035956 161337 7874619 59439 27258 32181 10000 10000 8603425 Unearned Lease Income 96700 96700 4556117 1143885 3412232 3412232 4569000 594 654 11636 12884 4556116 1 1 4556117 1155520 11635 11635 1143885 1143885 Pt V Line 4 Endowment funds are contributions whose corpus is held to provide earnings for future needs. Pt XII Line 2d Audit fundraising expenses netted to income on tax return Pt XIII Line 2d Audit fundraising expenses netted to 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 25423 17423 8000 5115 3224 2938 Spell-a-thon 18607 18607 400 150 139 44030 36030 8000 400 150 5115 3224 3077 11966 -3966 GIANFORTE-GENESIS LLC Gianforte, Board Chair 40163 Rent expense false Pt VI, Line 15 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. Pt VI, Line 11a 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 XII, Line 2c 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 XI Total of $1,243 for Line 5 = Unrealized Gains ($595), Per audit - Inkind services ($654), miscellaneous adjustment to match audit ($-6) Form 990, Part IX, Line 24f DUES & SUBSCRIPTIONS 1290. 1290. FINANCE CHARGES 327. 327. MISCELLANEOUS 1252. 1252. UNEMPLOYMENT INSURANCE 1967. 1475. 492. WORKER'S COMP INSURANCE 6173. 4630. 1543. 0. 0.