Yellowstone Education Foundation
- Assets
- $1.1m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 34
- Location
- Houston, TX
- Founding
- 05/2016
- Data as of
- 06/2022
- EIN
- 81-2280283
Organization Overview
Yellowstone Education Foundation, operating under the name Yellowstone College Prep, is located in Houston, TX. The organization was established in 2016. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 06/2022, Yellowstone College Prep employed 34 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Yellowstone College Prep is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
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.
Describe the Organization's Program Activity:
Part 3 - Line 4a
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 150 STUDENTS IN GRADES 6-8 AND HAS PLANS TO GRADUALLY EXPAND TO GRADE 12 IN THE COMING YEARS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lionel Jellins Board Chair | OfficerTrustee | 5 | $0 |
Janice Character Director | Trustee | 2 | $0 |
David Lumpkins Director | Trustee | 2 | $0 |
Valerie Williams Treasurer | OfficerTrustee | 2 | $0 |
John Peavy Vice President | OfficerTrustee | 2 | $0 |
Tory Moore-Cofield Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Healthy Lunchbox Food Svcs | 6/29/20 | $423,679 |
Yellowstone Academy Academic Svcs | 6/29/20 | $396,726 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,387,451 |
| All other contributions, gifts, grants, and similar amounts not included above | $172,902 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,560,353 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,906,401 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $128,159 |
| Compensation of current officers, directors, key employees. | $128,159 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,335,396 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $165,278 |
| Payroll taxes | $21,221 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $19,450 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $537,034 |
| Advertising and promotion | $0 |
| Office expenses | $129,456 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $119,616 |
| Travel | $5,819 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $24,165 |
| All other expenses | $0 |
| Total functional expenses | $2,768,114 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $494,238 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $351,155 |
| Accounts receivable, net | $295,385 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,775 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,144,553 |
| Accounts payable and accrued expenses | $271,281 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $271,281 |
| Net assets without donor restrictions | $813,264 |
| Net assets with donor restrictions | $60,008 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,144,553 |