Petra Christian Academics Inc
- Assets
- $30.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Joshua, TX
- Founding
- 08/2013
- Data as of
- 12/2021
- EIN
- 45-4277353
Organization Overview
Petra Christian Academics Inc is located in Joshua, TX. The organization was established in 2013. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Petra Christian Academics Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Petra Christian Academics Inc generated $39.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (19.1%) each year. All expenses for the organization totaled $58.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (15.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PURPOSE PROVIDE PRIMARY EDUCATION. NUMBER BENEFITED 20 OR MORE
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $36,605 |
| Total Program Service Revenue | $3,281 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $39,886 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $36,363 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $5,000 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $17,286 |
| Total expenses | $58,649 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $30,550 |
| Other assets | $0 |
| Total assets | $30,550 |
| Total liabilities | $0 |
| Net assets or fund balances | $30,550 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Petra Christian Academics Inc has recieved totaling $30,000.
| Awarding Organization | Amount |
|---|---|
Raymond James Charitable Endowment Fund St Petersberg, FL PURPOSE: General Use | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Colleyville Covenant Christian Academy Colleyville, TX | $25,022,338 | $9,511,820 |
Shiprock Associated Schools Inc Shiprock, NM | $31,955,534 | $19,122,666 |
Bricolage Academy New Orleans, LA | $3,330,408 | $10,862,548 |
Providence Christian School Of Texas Dallas, TX | $26,435,354 | $9,017,870 |
Geneva School Of Boerne Boerne, TX | $24,604,776 | $9,774,585 |
Islamic Services Foundation Richardson, TX | $12,490,908 | $9,373,276 |
Gateway Charter Academy Dallas, TX | $11,412,172 | $9,492,456 |
Austin Public Education Foundation Austin, TX | $4,200,254 | $10,676,988 |
Harding Independence Charter District Inc Oklahoma City, OK | $1,669,946 | $7,745,026 |
Austin Waldorf School Austin, TX | $13,040,325 | $8,774,910 |
Pantego Christian Academy Inc Arlington, TX | $17,418,835 | $10,931,726 |
Westminster Christian Academy Opelousas, LA | $10,767,987 | $8,490,926 |