Totals
- Total revenue
- $498,106
- Total expenses
- $270,013
- Contributions and grants received
- $498,106
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $292,456
- Total liabilities, end of year
- $3,089
- Net assets or fund balances, end of year
- $289,367
- Program services expenses (Part IX)
- $235,749
- Management and general expenses
- $15,866
- Fundraising expenses
- $18,398
- Program service expenses (Part III)
- $235,749
Program services were 87.3% 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
$498,106
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $59,493 · program services $35,696 · management and general $5,949 · fundraising $17,848
-
11b · Fees: legal
total $1,475 · program services $0 · management and general $1,475 · fundraising $0
-
11g · Fees: other
total $140,259 · program services $140,259 · management and general $0 · fundraising $0
-
12 · Advertising and promotion
total $550 · program services $0 · management and general $0 · fundraising $550
-
13 · Office expenses
total $1,690 · program services $0 · management and general $1,690 · fundraising $0
-
16 · Occupancy
total $21,677 · program services $21,677 · management and general $0 · fundraising $0
-
19 · Conferences, conventions and meetings
total $5,131 · program services $0 · management and general $5,131 · fundraising $0
-
23 · Insurance
total $534 · program services $0 · management and general $534 · fundraising $0
-
24a · Other expenses: Bank charges
total $1,087 · program services $0 · management and general $1,087 · fundraising $0
-
24b · Other expenses: Other expenses
total $38,117 · program services $38,117 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $61,274 · end of year $142,456
-
2 · Savings and temporary cash investments
end of year $150,000
-
17 · Accounts payable and accrued expenses
end of year $3,089
-
27 · Net assets without donor restrictions
beginning of year $61,274 · end of year $289,367
Mission and programs · 2023
Mission
Unlocking purpose for the vunerable by removing barriers to educate and empower young people who are aging out of the foster care system, homeless, and at-risk.
Activities or mission (Part I)
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 2023, Petra Cares taught 5 classes with a total of 51 students, 35 of those graduated with a 69% graduation rate. We placed 28 students in jobs, which was an 80% rate.
Expenses $235,749
As filed on the 2023 return.
Listed in Part VII
-
Arnold Gacita
President & CEO
- Total calculated
- $0
- Hours/week
- 5
-
Ben Comer
Founder
- Total calculated
- $0
- Hours/week
- 3
-
Ken Ballard
Vice President
- Total calculated
- $0
- Hours/week
- 3
-
Megan Gacita
Former Development Director
- Total calculated
- $0
- Hours/week
- 2
-
Eric Merchant
Vice President
- 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
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
- 2023
- Filed
- 14 May 2024
- IRS schema version
- 2023v5.1
- Source object
- 202423079349300517
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