2026-02-20T09:38:49-06:00 2025-06-30 760488832 MCCONNELL & JONES LLP 4828 LOOP CENTRAL DRIVE SUITE 1000 HOUSTON TX 77081 990 2024-07-01 812280283 YELLOWSTONE EDUCATION FOUNDATION YELL 7137418000 PO BOX 231845 HOUSTON TX 77223 RICHARD HARRIS CFOO 7137418000 2026-02-20 1 0 TENE THOMAS P00849229 7139681600 2026-02-11 2024 2025-03-06 01:10:19Z YELLOWSTONE COLLEGE PREP JAMES MOSLEY PO BOX 231845 HOUSTON TX 77223 4659394 0 X WWW.YELLOWSTONECOLLEGEPREP.ORG X 2016 TX THE CORPORATION SHALL ENRICH, STRENGTHEN, ENHANCE, AND SUPPORT THE ADVANCEMENT OF EDUCATION AND SCHOOL CHOICE IN TEXAS BY ENGAGING IN FUNDRAISING AS IT DEEMS APPROPRIATE IN FURTHERANCE OF THE PURPOSES AS PROVIDED IN THE CERTIFICATE OF FORMATION. THE CORPORATION SHALL ALSO SEEK TO OWN AND OPERATE AN OPEN-ENROLLMENT CHARTER SCHOOL AS PROVIDED UNDER THE TEXAS EDUCATION CODE FOR THE BENEFIT OF STUDENTS IN TEXAS, PROVIDING EDUCATIONAL OPPORTUNITIES, PROGRAMS AND SUCH OTHER FUNCTIONS AS IT DEEMS APPROPRIATE IN FURTHERANCE OF THE PURPOSES AS PROVIDED IN THE CERTIFICATE OF FORMATION. THIS CORPORATION IS FORMED FOR CHARITABLE PURPOSES, AND IT WILL BE NONPROFIT AND NONPARTISAN. 8 8 73 162 0 0 4727104 4659394 0 0 0 0 0 0 4727104 4659394 0 0 0 0 2574096 2827257 0 0 0 2179134 1949311 4753230 4776568 -26126 -117174 1082771 1123965 189684 348052 893087 775913 X SEEK TO OWN AND OPERATE AN OPEN-ENROLLMENT CHARTER SCHOOL AS PROVIDED UNDER THE TEXAS EDUCATION CODE FOR THE BENEFIT OF STUDENTS IN TEXAS, PROVIDING EDUCATIONAL OPPORTUNITIES, PROGRAMS AND SUCH OTHER FUNCTIONS AS IT DEEMS APPROPRIATE IN FURTHERANCE OF THE PURPOSES AS PROVIDED IN THE CERTIFICATE OF FORMATION. THIS CORPORATION IS FORMED FOR CHARITABLE PURPOSES, AND IT WILL BE NONPROFIT AND NONPARTISAN. 0 0 3140940 AT YELLOWSTONE, WE BELIEVE THAT EVERY CHILD IS BORN WITH A PURPOSE AND DESTINED FOR SUCCESS. THE FOUNDATION OPENED YELLOWSTONE COLLEGE PREP, A TEXAS CHARTER SCHOOL, BEGINNING WITH THE 2018-2019 SCHOOL YEAR. THE SCHOOL CURRENTLY SERVES APPROXIMATELY 365 STUDENTS IN GRADES 6-11 AND HAS PLANS TO GRADUALLY EXPAND TO GRADE 12 NEXT YEAR. 3140940 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 9 0 73 1 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X RICHARD HARRIS 7138249915 3000 TRULLEY STREET HOUSTON TX 77004 LIONEL JELLINS MEMBER 2.00 X 0 0 0 JANICE CHARACTER MEMBER 2.00 X 0 0 0 DAVID LUMPKINS MEMBER 2.00 X 0 0 0 VALERIE WILLIAMS TREASURER 2.00 X X 0 0 0 JOHN PEAVY SECRETARY 2.00 X X 0 0 0 RYAN DOLIBOIS MEMBER 2.00 X 0 0 0 KEN COWAN BOARD CHAIR 2.00 X X 0 0 0 LES CSORBA MEMBER 2.00 X 0 0 0 JAMES MOSELY SUPERINTENDENT 50.00 X X 110000 0 0 110000 0 0 1 0 0 0 YELLOWSTONE ACADEMY 3000 TRULLEY ST HOUSTON TX 77004 SHARED SVCS 546002 1 4285742 373652 4659394 4659394 0 0 0 X 110000 110000 2304856 2173649 131207 377998 337155 40843 34403 30730 3673 40281 40281 691696 328686 363010 269840 221071 48769 294476 294476 11846 10366 1480 13332 13332 26506 26506 TRANSPORTATION 319587 319587 FOOD 226673 226673 INSTRUCTIONAL MATERIALS 39283 39283 UTILITIES 15791 15791 4776568 3140940 1635628 0 266930 221501 629553 719344 4066 0 214230 31110 182222 183120 1082771 1123965 189684 348052 189684 348052 X 847823 730649 45264 45264 893087 775913 1082771 1123965 -117174 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 214230 31110 183120 183120 X 4659394 0 4659394 0 4659394 4776568 0 4776568 0 4776568 PART X, LINE 2: THE SCHOOL IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE INTERNAL REVENUE CODE. THE SCHOOL DID NOT CONDUCT UNRELATED BUSINESS ACTIVITIES DURING THE YEAR ENDED JUNE 30, 2025. ACCORDINGLY, THE SCHOOL DID NOT PROVIDE FOR FEDERAL INCOME TAXES IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE SCHOOL APPLIES THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740-10, INCOME TAXES, WHICH PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FASB ASC 740-10 ALSO PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURES AND TRANSITION. THE SCHOOL BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 YELLOWSTONE'S NON-DISCRIMINATION POLICY IS INCLUDED ON THE WEBSITE AND IN EVERY JOB POSTING, BOTH PRINTED AND ELECTRONICALLY DISTRIBUTED. IT IS ALSO INCLUDED IN BOTH THE STAFF AND FAMILY HANDBOOKS FOR PUBLIC REVIEW. BOTH OF THESE HANDBOOKS CAN ALSO BE FOUND ON THE YELLOWSTONE WEBSITE. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN WILL BE REVIEWED BY THE CHIEF FINANCIAL OFFICER AND ACCOUNTANT. FOLLOWING ADJUSTMENTS, IF ANY, THE RETURN WILL BE DISTRIBUTED TO THE SUPERINTENDENT AND ALL BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS STATED IN THE ORGANIZATION'S BY-LAWS. EACH BOARD MEMBER IS GIVEN THE CONFLICT OF INTEREST POLICY WHEN THEY JOIN THE BOARD AND ASKED TO READ AND SIGN IT. ANY CONFLICTS ARE NOTED ON THE SAME FORM. ON AN ONGOING BASIS, AS NEW TRANSACTIONS AND BUSINESS RELATIONSHIPS ARE CONSIDERED, THEY ARE REVIEWED FOR CONFLICTS OF INTEREST. IF ANY CONFLICTS ARE NOTED, THEN THE CONFLICT WOULD BE BROUGHT UP TO THE BOARD OFFICERS AND RESOLVED. FORM 990, PART VI, SECTION B, LINE 15 LINE 15A - COMPENSATION PROCESS FOR TOP OFFICIALS FOR THE CEO (SUPERINTENDENT)'S COMPENSATION, THE BOARD CHAIR CONSULTED WITH YELLOWSTONE'S COUNSEL TO REVIEW COMPARABLE SALARIES ACROSS THE STATE OF TEXAS. HE THEN TOOK THIS WORK BACK TO THE BOARD GROUP AND THE BOARD APPROVED THIS CONTRACT IN EXECUTIVE SESSION. AS PART OF THE BUDGETING PROCESS, THE SUPERINTENDENT PRESENTS THE SALARIES AND BUDGET TO THE FINANCE COMMITTEE AND BOARD CHAIR FOR THEIR REVIEW, AND ULTIMATELY APPROVAL. THE SALARIES ARE BENCHMARKED AGAINST LOCAL PUBLIC SCHOOL DISTRICTS, USING WHATEVER INFORMATION IS AVAILABLE TO CONFIRM THAT YELLOWSTONE IS WITHIN RANGE OF SIMILARLY SIZED EDUCATIONAL INSTITUTIONS. LINE 15B - COMPENSATION PROCESS FOR OFFICERS SAME AS 15A ABOVE. FORM 990, PART VI, SECTION C, LINE 19 ALL OF THE FORMS WERE INCLUDED IN YELLOWSTONE'S CHARTER SCHOOL APPLICATION WHICH IS AVAILABLE ON THE TEXAS EDUCATION AGENCY WEBSITE. IN ADDITION, RELEVANT DOCUMENTS, AS REQUIRED BY LAW, ARE POSTED AND MAINTAINED ON THE YELLOWSTONE WEBSITE. FORM 990, PART IX, LINE 11G CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 328,686. MANAGEMENT AND GENERAL EXPENSES 363,010. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 691,696. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS NOT CHANGED EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.