Yellowstone Academy Inc.

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

“The organization's executive director and director of finance and human resources, along with selected finance dept. Staff 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 chairman of the board of directors, along with appointed finance committee members shall be responsible for overseeing personnel matters, including but not limited to, benefits, annual performance review and compensation of the executive director, and employment compensation packages developed by the executive director 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 time as directors.”

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

“Staff development: program service expenses 105,277. Management and general expenses 791. Fundraising expenses 0. Total expenses 106,068. Technology: program service expenses 84,009. Management and general expenses 10,871. Fundraising expenses 582. Total expenses 95,462. Development: program service expenses 2,987. Management and general expenses 463. Fundraising expenses 82,857. Total expenses 86,307. Security & fire protections: program service expenses 49,350. Management and general expenses 12,398. Fundraising expenses 628. Total expenses 62,376. Student transportation: program service expenses 58,867. Management and general expenses 0. Fundraising expenses 0. Total expenses 58,867. Curriculum expense: program service expenses 54,940. Management and general expenses 50. Fundraising expenses 0. Total expenses 54,990. Student health: program service expenses 44,624. Management and general expenses 0. Fundraising expenses 0. Total expenses 44,624. Finance and bank charges: program service expenses 0. Management and general expenses 1,662. Fundraising expenses 33,063. Total expenses 34,725. Student recruitment and retention: program service expenses 15,361. Management and general expenses 0. Fundraising expenses 0. Total expenses 15,361. Special meals for families: program service expenses 15,182. Management and general expenses 0. Fundraising expenses 0. Total expenses 15,182. Board expenses: program service expenses 0. Management and general expenses 6,414. Fundraising expenses 5,467. Total expenses 11,881. Uniforms: program service expenses 10,316. Management and general expenses 0. Fundraising expenses 0. Total expenses 10,316. Student evaluation and testing: program service expenses 9,421. Management and general expenses 0. Fundraising expenses 0. Total expenses 9,421. Guild expenses: program service expenses 2,298. Management and general expenses 1,409. Fundraising expenses 5,625. Total expenses 9,332. Student tutoring & test prep: program service expenses 7,880. Management and general expenses 0. Fundraising expenses 0. Total expenses 7,880. Highschool/post-secondary application expenses: program service expenses 7,557. Management and general expenses 0. Fundraising expenses 0. Total expenses 7,557. Executive director discretionary expenses: program service expenses 1,257. Management and general expenses 5,015. Fundraising expenses 1,070. Total expenses 7,342. Classroom supplies: program service expenses 6,041. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,041. Auto expense: program service expenses 4,116. Management and general expenses 146. Fundraising expenses 137. Total expenses 4,399. Accreditation: program service expenses 3,902. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,902. Scout troop expenses: program service expenses 3,692. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,692. Dues, fees, & permits: program service expenses 2,568. Management and general expenses 323. Fundraising expenses 14. Total expenses 2,905. Student awards/graduation: program service expenses 2,776. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,776. Student photography: program service expenses 2,677. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,677. Library expense: program service expenses 1,147. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,147. Student school supplies: program service expenses 1,095. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,095. Staff meals & gifts: program service expenses 660. Management and general expenses 217. Fundraising expenses 0. Total expenses 877. Other student program expense: program service expenses 728. Management and general expenses 0. Fundraising expenses 0. Total expenses 728. Postage & delivery: program service expenses 0. Management and general expenses 615. Fundraising expenses 0. T”

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