Petra Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,812,528 | 894,854 | 4,917,674 | 68.9 | 58% |
| 2012 | 4,556,117 | 1,143,885 | 3,412,232 | 89.7 | 50% |
| 2013 | 1,237,468 | 1,200,397 | 37,071 | 85.9 | 53% |
| 2014 | 1,886,225 | 1,393,511 | 492,714 | 78.3 | 52% |
| 2015 | 2,771,803 | 1,569,369 | 1,202,434 | 78.7 | 51% |
| 2016 | 2,082,725 | 1,838,225 | 244,500 | 68.8 | 52% |
| 2017 | 22,401 | 85,588 | −63,187 | 1420.1 | 36% |
| 2018 | 1,740,853 | 2,046,036 | −305,183 | 57.6 | 49% |
| 2019 | 1,655,032 | 1,855,336 | −200,304 | 62.2 | 58% |
| 2020 | 1,520,518 | 1,834,775 | −314,257 | 60.9 | 59% |
| 2021 | 2,249,359 | 2,094,552 | 154,807 | 54.2 | 60% |
| 2022 | 4,390,598 | 2,378,851 | 2,011,747 | 57.9 | 58% |
| 2023 | 2,746,619 | 3,031,297 | −284,678 | 44.3 | 58% |
| 2024 | 3,243,778 | 3,407,367 | −163,589 | 38.8 | 59% |
In its most recent public year (2024), this organization spent $163,589 more than it brought in. Its reserves stood at about 38.8 months of spending, down from 68.9 in 2011. Staff pay was 59% of spending. $1,056,625 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Petra Academy Inc's IRS filings as a feed — one entry per filing year, through 2024. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works