Yellowstone Academy Inc.

“David lumpkins, a director, and kristi lumpkins, an officer, are married.”

“The organization's executive director and director of finance and operations will conduct a joint review of the form 990 after the paid preparer completes the initial draft of the return.”

“The conflict of interest policy is stated in the organizations 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.”

“The finance committee shall be responsible for overseeing personnel matters, including but not limited to, benefits, annual performance review and compensation of the head of school and executive director, and employment compensation packages developed by the head of school based on salary comparables. Recommended salary adjustments are to be approved by the finance committee as part of the budget process and reviewed prior to the time of consideration by the board of directors to insure adequate funding. All members of the board shall serve without compensation for their service as directors.”

“The organization's governing documents, conflict of interest policy, and financial statements are made available to the public upon request.”

“Utilities: program service expenses 119,158. Management and general expenses 28,531. Fundraising expenses 7,996. Total expenses 155,685. Technology: program service expenses 104,986. Management and general expenses 20,238. Fundraising expenses 1,265. Total expenses 126,489. Development: program service expenses 10,000. Management and general expenses 0. Fundraising expenses 93,286. Total expenses 103,286. Staff development: program service expenses 77,210. Management and general expenses 4,064. Fundraising expenses 0. Total expenses 81,274. Security and protection: program service expenses 52,355. Management and general expenses 10,093. Fundraising expenses 631. Total expenses 63,079. Transportation-students: program service expenses 58,019. Management and general expenses 0. Fundraising expenses 0. Total expenses 58,019. Uniforms: program service expenses 47,828. Management and general expenses 0. Fundraising expenses 0. Total expenses 47,828. Student health: program service expenses 27,500. Management and general expenses 0. Fundraising expenses 0. Total expenses 27,500. Bank service charges: program service expenses 0. Management and general expenses 472. Fundraising expenses 20,271. Total expenses 20,743. Office supplies: program service expenses 16,699. Management and general expenses 2,277. Fundraising expenses 0. Total expenses 18,976. Meals: program service expenses 15,624. Management and general expenses 0. Fundraising expenses 0. Total expenses 15,624. Student evaluations: program service expenses 13,013. Management and general expenses 0. Fundraising expenses 0. Total expenses 13,013. Student tutoring & test preparation: program service expenses 9,434. Management and general expenses 0. Fundraising expenses 0. Total expenses 9,434. Dues, fees, permits: program service expenses 3,153. Management and general expenses 5,516. Fundraising expenses 38. Total expenses 8,707. Automobile expense: program service expenses 1,057. Management and general expenses 4,227. Fundraising expenses 0. Total expenses 5,284. Student awards/graduation: program service expenses 5,103. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,103. Head of school - discretionary: program service expenses 4,800. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,800. Board expenses: program service expenses 0. Management and general expenses 0. Fundraising expenses 4,792. Total expenses 4,792. Janitorial: program service expenses 3,708. Management and general expenses 715. Fundraising expenses 45. Total expenses 4,468. Student recruitment/retention: program service expenses 3,327. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,327. Volunteer development: program service expenses 2,601. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,601. Gifts: program service expenses 0. Management and general expenses 957. Fundraising expenses 0. Total expenses 957. Postage: program service expenses 0. Management and general expenses 860. Fundraising expenses 0. Total expenses 860. Social work: program service expenses 589. Management and general expenses 0. Fundraising expenses 0. Total expenses 589.”

“Audit oversight process has not changed from the prior year.”