Nonprofit · EIN 81-0503427
PETRA ACADEMY INC
Tax-exempt · BOZEMAN, MT 59718
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| July 31, 2025 | 990 | $4,986,054 | $3,826,305 | $1,159,749 | $12,946,552 | $659,614 | $12,286,938 |
| July 31, 2024 | 990 | $3,243,778 | $3,407,367 | -$163,589 | $11,676,021 | $652,589 | $11,023,432 |
Financial details: 990 for the year ended July 31, 2025
Revenue
- Contributions, gifts and grants
- $1,994,539
- Program service revenue
- $2,804,089
- Investment income
- $87,910
- Net rental income
- $90,241
- Net income from fundraising events
- $9,275
- Other revenue
- $99,516
Expenses
- Grants and similar amounts paid
- $253,681
- Compensation of officers, directors and key employees
- $149,350
- Other salaries and wages
- $2,161,529
- Salaries, compensation and benefits (total)
- $2,566,910
- Professional fundraising fees
- $0
- Legal fees
- $1,200
- Accounting fees
- $4,100
- Occupancy
- $81,082
- Depreciation
- $335,430
- Program services (functional)
- $3,049,813
- Management and general (functional)
- $776,492
Balance sheet and other
- Total assets, start of year
- $11,676,021
- Total assets, end of year
- $12,946,552
- Total liabilities, end of year
- $659,614
- Net assets, end of year
- $12,286,938
- Land, buildings and equipment
- $9,740,623
- Publicly traded securities
- $1,605,781
- Net assets without donor restrictions
- $10,417,033
- Net assets with donor restrictions
- $1,869,905
- Gross receipts
- $5,009,005
- Employees
- 82
- Volunteers
- 45
- Year formed
- 2000
- State of legal domicile
- MT
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended July 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JUSTICE KERR | Headmaster Officer | 40 | $146,812 | $4,404 |
| MIKE CASHMAN | Director Trustee or director | 1 | $0 | $0 |
| JOSH O'CONNOR | Director Trustee or director | 1 | $0 | $0 |
| MICHELLE ZOELLER | Director Trustee or director | 1 | $0 | $0 |
| DANA TERRY | BOARD CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| KRISTEN STEWART | Secretary Trustee or director, Officer | 1 | $0 | $0 |
| MEGAN ROSENSTOCK | Director Trustee or director | 1 | $0 | $0 |
990 for the year ended July 31, 2024: 6 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JUSTICE KERR | Headmaster Officer | 40 | $147,175 | $5,278 |
| JOSHUA WEIR | Director Trustee or director | 1 | $0 | $0 |
| DANA TERRY | BOARD CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| JIM STUMBO | Director Trustee or director | 1 | $0 | $0 |
| KRISTINA STEWART | Director Trustee or director | 1 | $0 | $0 |
| MEGAN ROSENSTOCK | Director Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 4720 CLASSICAL WAY, BOZEMAN, MT 59718-9002
- Principal officer (990 for 2024)
- DANA TERRY, 4720 CLASSICAL WAY, BOZEMAN, MT 59718
- Signed the 990
- DANA TERRY, BOARD CHAIR
- Phone
- (406) 582-8165
- Website
- PETRAACADEMY.COM
- Return prepared by
- Amatics CPA Group
Mission
TO PROVIDE AN ACADEMICALLY CHALLENGING, CLASSICAL EDUCATION TO STUDENTS, GRADES PRE-K THROUGH 12.
Program accomplishments
- TO PROVIDE AN ACADEMICALLY CHALLENGING, CLASSICAL EDUCATION TO 200+ STUDENTS, GRADES PRE-K THROUGH 12.Expenses $3,049,813 · grants $253,681 · revenue $2,804,089
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in July, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | July 31, 2026 | December 15, 2026 | Not due yet |
| 2024 | July 31, 2025 | December 15, 2025 | 990 on file |
| 2023 | July 31, 2024 | December 16, 2024 | 990 on file |
IRS record
- EIN
- 81-0503427
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2000
- Accounting year ends
- July
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B20)
- Assets (IRS master file)
- $12,946,552
- Income (IRS master file)
- $5,009,005
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | July 2025 | $4,986,054 | $3,826,305 | $12,946,552 | XML |
| 990 | July 2024 | $3,243,778 | $3,407,367 | $11,676,021 | XML |
| 990 | July 2023 | $2,746,619 | $3,031,297 | $11,769,251 | IRS |
| 990 | July 2022 | – | – | – | IRS |
| 990 | July 2021 | – | – | – | IRS |
| 990 | July 2020 | – | – | – | IRS |
| 990 | July 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 81-0503427).
Questions about PETRA ACADEMY INC
- What is the EIN of PETRA ACADEMY INC?
- The employer identification number (EIN) of PETRA ACADEMY INC is 81-0503427.
- Is PETRA ACADEMY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to PETRA ACADEMY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PETRA ACADEMY INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PETRA ACADEMY INC due?
- The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PETRA ACADEMY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended July 2025.
- Who is the principal officer of PETRA ACADEMY INC?
- The 990 for the year ended July 31, 2025 names DANA TERRY.
- Who are the officers and directors of PETRA ACADEMY INC?
- The 990 for the year ended July 31, 2025 lists 7 people; 1 received compensation from the organization, the highest $146,812 (JUSTICE KERR, Headmaster).
- How much revenue does PETRA ACADEMY INC have?
- On its 990 for the year ended July 31, 2025 it reported revenue of $4,986,054, expenses of $3,826,305 and total assets of $12,946,552 at year end.
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