Yellow Wood Academy is located in Mercer Island, WA. The organization was established in 1983. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. As of 08/2023, Yellow Wood Academy employed 105 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Yellow Wood Academy is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2023, Yellow Wood Academy generated $6.1m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.4% each year . All expenses for the organization totaled $6.4m during the year ending 08/2023. While expenses have increased by 13.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
YELLOW WOOD ACADEMY IS AN INDEPENDENT, ACCREDITED SCHOOL WITH CUSTOMIZED ONE TO ONE AND SMALL GROUP EDUCATIONAL PLANS DESIGNED TO MEET EACH STUDENT'S UNIQUE NEEDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
YWA PROVIDES STUDENTS RANGING FROM FOURTH TO TWELVE GRADES WITH CUSTOMIZED ONE TO ONE AND SMALL GROUP EDUCATIONAL PLANS TO MEET THEIR UNIQUE NEEDS. WE SERVED OVER 100 STUDENTS FROM BOTH PRIVATE FAMILIES AS WELL AS THOSE REFERRED BY LOCAL SCHOOL DISTRICTS, AS ONE OF THE STATE'S LARGEST NON PUBLIC AGENCIES. OUR COURSEWORK INCLUDES SCIENCE, ELA, SOCIAL STUDIES AND MATHEMATICS AS WELL AS MUSIC, FOREIGN LANGUAGE, ART AND DESIGN TECH. YWA ALSO PROVIDED OVER 650 HOURS OF TUTORING SERVICES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael Atalla Chair | OfficerTrustee | 1 | $0 |
Jeff Giard Director | Trustee | 1 | $0 |
Neil Holloway Director | Trustee | 1 | $0 |
Jed Miley Exec Director | Officer | 40 | $177,852 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $6,179 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $6,179 |
Total Program Service Revenue | $6,091,067 |
Investment income | $16,103 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$86 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $6,116,771 |
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. | $200,144 |
Compensation of current officers, directors, key employees. | $100,072 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $4,242,479 |
Pension plan accruals and contributions | $20,665 |
Other employee benefits | $209,398 |
Payroll taxes | $398,338 |
Fees for services: Management | $0 |
Fees for services: Legal | $78,705 |
Fees for services: Accounting | $37,930 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $79,011 |
Advertising and promotion | $24,488 |
Office expenses | $11,492 |
Information technology | $34,371 |
Royalties | $0 |
Occupancy | $804,701 |
Travel | $36 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $4,027 |
Interest | $1,495 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $56,362 |
Insurance | $12,097 |
All other expenses | $8,424 |
Total functional expenses | $6,393,651 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $511,512 |
Savings and temporary cash investments | $1,859,991 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $424,346 |
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 | $79,445 |
Net Land, buildings, and equipment | $99,976 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,114,429 |
Total assets | $4,089,699 |
Accounts payable and accrued expenses | $324,235 |
Grants payable | $0 |
Deferred revenue | $763,916 |
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 | $1,181,939 |
Total liabilities | $2,270,090 |
Net assets without donor restrictions | $1,758,284 |
Net assets with donor restrictions | $61,325 |
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 | $4,089,699 |