PETRA PRESCHOOL

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2017

Legal Domicile

Principal Officer

Phillip Murray

Phone

5127771746

Tax Period

2021-01-01 to 2021-12-31

PETRA PRESCHOOL, founded in 2017, is a small nonprofit that reported $484K in total revenue in fiscal year 2021. Revenue surged 57% from the prior year, signaling strong growth momentum. The organization ran a surplus of $121K, a strong 25% operating margin.

Mission

Petra Preschool is a Christian preschool focused on serving foster children and their foster families, other disadvantaged children, and the broader community as well.

Program Service Accomplishments

Program 1

Expenses: $282,028 Revenue: $297,980

Petra Preschool served many families during 2021, including through the pandemic. It continued to serve many foster children and families as part of this.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $23,356

Program Service Revenue $274,624

Investment Income $0

Other Revenue $186,388

TOTAL REVENUE $484,368

Expense Breakdown

Grants Paid $0

Salaries & Benefits $217,322

Fundraising Expenses $0

Program Expenses $282,028

Other Expenses $146,405

TOTAL EXPENSES $363,727

Year-over-Year Comparison

	2021	2020	Change
Revenue	$484,368	$307,992	+0.6%
Expenses	$363,727	$389,314	-0.1%
Net Income	$120,641	$-81,322	-2.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

$54,496

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Mindy Lee	Board Director and Preschool Director	40	Director	$54,496	$0	$54,496
Jennifer Jones	Board Director	1	Director	$0	$0	$0
Phil Murray	President & Treasurer	5	Director	$0	$0	$0
Christal Murray	Secretary	1	Director	$0	$0	$0
Shelby Wanstrath	Board Director	1	Director	$0	$0	$0
Michael French	Board Director	1	Director	$0	$0	$0
Maria Sikkema	Board Director	1	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2021	$484,368	$363,727	$493,426	$120,641
2020	$307,992	$389,314	$122,096	$-81,322