Overview
What is Petra Academy Inc?
Petra Academy Inc, situated in Bozeman, Montana, is a renowned nonprofit organization with a mission to provide an academically rigorous, classical education to over 200 students, ranging from pre-kindergarten to twelfth grade. Established with a dedicated team of 68 employees, the academy is committed to fostering intellectual growth and challenging its students to reach their full potential. Petra Academy Inc's unique educational approach combines traditional methods with modern techniques, ensuring that students receive a well-rounded and comprehensive education.
Official website here: www.petraacademy.com
What are the reviews and ratings of this charity?
Charity Navigator Rating 88% - Three-Star out of Four Star Rating
Petra Academy Inc has received a Three-Star rating from Charity Navigator, reflecting a strong score in Accountability & Finance, which is critical for donor confidence. The organization scored particularly well in areas such as independent board member representation and financial oversight, indicating a solid governance structure.
Despite its strengths, there are some notable limitations. The organization is lacking in critical policies such as a whistleblower policy and document retention, which could impact transparency and accountability. Furthermore, the absence of the tax form on its website may raise concerns for potential donors looking for comprehensive financial information.
Overall, while Petra Academy Inc demonstrates commendable financial responsibility and governance practices, addressing the missing policies and documentation could further enhance its trustworthiness and effectiveness in serving its mission.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Petra Academy Inc?
100% of 14 reviewers on Facebook recommend Petra Academy Inc. Here's a summary of their insights:
Many parents express deep satisfaction with the education their children receive at Petra, highlighting the school's challenging curriculum and supportive community. One reviewer noted a significant improvement in their children's happiness and development after transitioning from a local public school. The emphasis on critical thinking and personal growth appears to resonate well with families, who appreciate that children are encouraged to form their own ideas supported by facts.
Overall, the positive sentiment indicates that Petra Academy effectively nurtures both academic skills and emotional well-being, creating a well-rounded environment for its students. Parents feel confident that their kids are not only receiving a quality education but are also being cared for in a loving community.
This AI summary has been generated from reviews found on Facebook.
Is Petra Academy Inc legitimate?
Petra Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Petra Academy Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $145,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,880,143
For more financial information, click here
Official website here: www.petraacademy.com
What is the mission statement of Petra Academy Inc?
Petra Academy Inc, an educational institution, is committed to providing an academically rigorous, classical education to students from pre-kindergarten through twelfth grade. The organization's mission is to challenge its students intellectually, offering them a comprehensive education that prepares them for future academic pursuits. By focusing on classical education methods, Petra Academy aims to foster critical thinking, creativity, and a deep understanding of fundamental concepts. The academy serves over 200 students, striving to provide each one with a well-rounded, challenging educational experience.
Official website here: www.petraacademy.com
What is the revenue of Petra Academy Inc?
Petra Academy Inc's revenue in 2024 was $3,243,778.
Official website here: www.petraacademy.com
Who are the executives of Petra Academy Inc and what are their salaries?
The average compensation at Petra Academy Inc during 2024 was $24,405. There are 83 employees and 40 volunteers at Petra Academy Inc.
Here are 6 key members and their salaries:
- Compensation: $147,175
- Related: $0
- Other: $5,278
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.petraacademy.com
Where can I find the form 990 for Petra Academy Inc?
Petra Academy Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.petraacademy.com
Learn more at the official website: www.petraacademy.com
Mission Statement of Petra Academy Inc
Petra Academy Inc, a nonprofit organization, is dedicated to providing an academically rigorous, classical education to students from preschool through twelfth grade. The institution's mission is to challenge its students intellectually, fostering an educational environment that values tradition and scholastic growth. With a student body of over 200 individuals, Petra Academy Inc strives to deliver a comprehensive educational experience, nurturing each student's unique abilities and talents.
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Impact
July, 2024
Petra Academy Inc provides a rigorous classical education to over 200 students from Pre-K through 12th grade in Bozeman, Montana. By offering an academically challenging curriculum, Petra Academy Inc is shaping the minds of future leaders and thinkers, preparing them for success in higher education and beyond. Through its dedication to education excellence, Petra Academy Inc is making a significant impact on the intellectual development and future prospects of its students.
This information is meant to be a general summary of Petra Academy Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $103,616
- Program Service Revenue: $2,856,088
- Gross Receipts: $3,310,232
Assets and Liabilities:
- Total Assets: $11,769,251
- Total Liabilities: $582,230
- Net Assets: $11,187,021
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ATHLETIC FEES
Revenue
$29,361
SALES AND MISC REVENUE
Revenue
$3,125
TUITION INCOME
Revenue
$2,823,602
Organization Details
Founding Year
2000
Principal Officer
Dana Terry
Website
www.petraacademy.comNTEE Category
Code: B20 - Education
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