Totals
- Total revenue
- $710,529
- Total expenses
- $478,670
- Contributions and grants received
- $657,975
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $8,491
- Other revenue
- $44,063
- Total assets, end of year
- $525,037
- Total liabilities, end of year
- $3,808
- Net assets or fund balances, end of year
- $521,229
- Program services expenses (Part IX)
- $409,470
- Management and general expenses
- $47,811
- Fundraising expenses
- $21,389
- Program service expenses (Part III)
- $409,470
Program services were 85.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$657,975
-
3 · Investment income
total $8,491 · unrelated business $0 · excluded $8,491
-
8a · Fundraising events: gross income
$105,645
-
8b · Fundraising events: direct expenses
$61,582
-
8c · Net income from fundraising events
total $44,063 · unrelated business $0 · excluded $44,063
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $106,635 · program services $106,635 · management and general $0 · fundraising $0
-
10 · Payroll taxes
total $8,009 · program services $8,009 · management and general $0 · fundraising $0
-
11b · Fees: legal
total $4,892 · program services $0 · management and general $4,892 · fundraising $0
-
11c · Fees: accounting
total $4,566 · program services $0 · management and general $4,566 · fundraising $0
-
11g · Fees: other
total $12,006 · program services $6,006 · management and general $6,000 · fundraising $0
-
12 · Advertising and promotion
total $7,431 · program services $0 · management and general $0 · fundraising $7,431
-
13 · Office expenses
total $2,760 · program services $1,267 · management and general $1,493 · fundraising $0
-
14 · Information technology
total $4,065 · program services $0 · management and general $4,065 · fundraising $0
-
16 · Occupancy
total $7,011 · program services $7,011 · management and general $0 · fundraising $0
-
19 · Conferences, conventions and meetings
total $5,304 · program services $0 · management and general $5,304 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $10,320 · program services $10,320 · management and general $0 · fundraising $0
-
23 · Insurance
total $6,212 · program services $0 · management and general $6,212 · fundraising $0
-
24a · Other expenses: Bank charges
total $5,022 · program services $0 · management and general $5,022 · fundraising $0
-
24b · Other expenses: Student expenses
total $245,260 · program services $245,260 · management and general $0 · fundraising $0
-
24c · Other expenses: Dues & subscriptions
total $919 · program services $0 · management and general $919 · fundraising $0
-
24d · Other expenses: Vehicle expense
total $20,954 · program services $20,954 · management and general $0 · fundraising $0
-
24e · All other expenses
total $27,304 · program services $4,008 · management and general $9,338 · fundraising $13,958
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $142,456 · end of year $325,663
-
2 · Savings and temporary cash investments
beginning of year $150,000 · end of year $158,095
-
10a · Land, buildings and equipment: cost or other basis
$51,599
-
10b · Land, buildings and equipment: accumulated depreciation
$10,320
-
10c · Land, buildings and equipment, net
end of year $41,279
-
17 · Accounts payable and accrued expenses
beginning of year $3,089 · end of year $3,808
-
27 · Net assets without donor restrictions
beginning of year $289,367 · end of year $521,229
Mission and programs · 2024
Mission
Unlocking purpose for the vulnerable by removing barriers to educate and empower young people who are aging out of the foster care system, homeless, and at-risk.
-
During 2024, Petra Cares taught 5 classes with a total of 90 students, 70 of those graduated with a 78% graduation rate. We placed 67 students in jobs within three months of completing the program, which was a 74% rate.
Expenses $409,470
As filed on the 2024 return.
Listed in Part VII
-
Arnold Gacita
President & CEO
- Total calculated
- $0
- Hours/week
- 5
-
Ben Comer
Vice President
- Total calculated
- $0
- Hours/week
- 3
-
Ken Ballard
Treasurer
- Total calculated
- $0
- Hours/week
- 3
-
Megan Gacita
Secretary
- Total calculated
- $0
- Hours/week
- 2
-
Eric Merchant
Member
- Total calculated
- $0
- Hours/week
- 2
-
Brady Schmidt
Director
- Total calculated
- $0
- Hours/week
- 5
-
JoVonna Hill
Director
- Total calculated
- $0
- Hours/week
- 2
-
Arnold Gacita Jr
Director
- Total calculated
- $0
- Hours/week
- 2
-
Brian Meza
Executive Director
- Total calculated
- $0
- Hours/week
- 50
-
Samuel Diaz
Member
- Total calculated
- $0
- Hours/week
- 2
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 24 February 2025
- IRS schema version
- 2024v5.1
- Source object
- 202501199349300305
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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