Petra Cares (EIN 883058909) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2022

Legal Domicile

Principal Officer

Arnold Gacita

Phone

7138565700

Tax Period

2024-01-01 to 2024-12-31

Petra Cares, founded in 2022, is a small nonprofit in the Education sector that reported $711K in total revenue in fiscal year 2024. Revenue surged 43% from the prior year, signaling strong growth momentum. The organization ran a surplus of $232K, a strong 33% operating margin.

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.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $657,975

Program Service Revenue $0

Investment Income $8,491

Other Revenue $44,063

TOTAL REVENUE $710,529

Expense Breakdown

Grants Paid $0

Salaries & Benefits $114,644

Fundraising Expenses $21,389

Program Expenses $409,470

Other Expenses $364,026

TOTAL EXPENSES $478,670

Year-over-Year Comparison

	2024	2023	Change
Revenue	$710,529	$498,106	+0.4%
Expenses	$478,670	$270,013	+0.8%
Net Income	$231,859	$228,093	+0.0%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Arnold Gacita	President & CEO	5.00	Officer Director	$0	$0	$0
Ben Comer	Vice President	3.00	Officer Director	$0	$0	$0
Ken Ballard	Treasurer	3.00	Officer Director	$0	$0	$0
Megan Gacita	Secretary	2.00	Officer Director	$0	$0	$0
Eric Merchant	Member	2.00	Director	$0	$0	$0
Brady Schmidt	Director	5.00	Director	$0	$0	$0
JoVonna Hill	Director	2.00	Director	$0	$0	$0
Arnold Gacita Jr	Director	2.00	Director	$0	$0	$0
Brian Meza	Executive Director	50.00	Director	$0	$0	$0
Samuel Diaz	Member	2.00	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
2024	$710,529	$478,670	$525,037	$231,859
2023	$498,106	$270,013	$292,456	$228,093

Petra Cares