Civic Intelligence

Yellowstone Education Foundation

EIN 81-2280283 • 501(c)3 • Houston, TX

Profile

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.

PO Box 231845Houston, TX 77223

www.yellowstonecollegeprep.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

67th percentile

0.21x

Higher debt load relative to assets than 67% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

49th percentile

0.07x

Higher debt load relative to revenue than 49% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

43rd percentile

1.4%

Higher net margin than 43% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

41st percentile

1.0%

Faster asset growth than 41% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

56th percentile

10%

Faster revenue growth than 56% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$1,123,965

Up $41,194 (+3.8%) from 2024

Liabilities

Up

$348,052

Up $158,368 (+83%) from 2024

Net Assets

Down

$775,913

Down $117,174 (-13%) from 2024

Revenue

Down

$4,659,394

Down $67,710 (-1.4%) from 2024

Expenses

Up

$4,776,568

Up $23,338 (+0.5%) from 2024

Net Income

Down

-$117,174

Down $91,048 (-348%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0-$500KAssets 2016: $0Liabilities 2016: $0Net Assets 2016: $02016Assets 2017: $0Liabilities 2017: $0Net Assets 2017: $02017Assets 2018: $221,675Liabilities 2018: -$3,821Net Assets 2018: $225,4962018Assets 2019: $742,563Liabilities 2019: $404,683Net Assets 2019: $337,8802019Assets 2020: $831,966Liabilities 2020: $405,047Net Assets 2020: $426,9192020Assets 2021: $1,155,951Liabilities 2021: $420,966Net Assets 2021: $734,9852021Assets 2022: $1,144,553Liabilities 2022: $271,281Net Assets 2022: $873,2722022Assets 2023: $1,156,262Liabilities 2023: $237,049Net Assets 2023: $919,2132023Assets 2024: $1,082,771Liabilities 2024: $189,684Net Assets 2024: $893,0872024Assets 2025: $1,123,965Liabilities 2025: $348,052Net Assets 2025: $775,9132025

Highlighted filing

2025

Assets$1,123,965
Liabilities$348,052
Net Assets$775,913

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2016: $0Expenses 2016: $0Net Income 2016: $02016Revenue 2017: $0Expenses 2017: $0Net Income 2017: $02017Revenue 2018: $516,981Expenses 2018: $291,485Net Income 2018: $225,4962018Revenue 2019: $3,074,317Expenses 2019: $2,741,437Net Income 2019: $332,8802019Revenue 2020: $3,456,452Expenses 2020: $3,367,413Net Income 2020: $89,0392020Revenue 2021: $3,582,175Expenses 2021: $3,274,109Net Income 2021: $308,0662021Revenue 2022: $2,906,401Expenses 2022: $2,768,114Net Income 2022: $138,2872022Revenue 2023: $3,206,950Expenses 2023: $3,161,009Net Income 2023: $45,9412023Revenue 2024: $4,727,104Expenses 2024: $4,753,230Net Income 2024: -$26,1262024Revenue 2025: $4,659,394Expenses 2025: $4,776,568Net Income 2025: -$117,1742025

Highlighted filing

2025

Revenue$4,659,394
Expenses$4,776,568
Net Income-$117,174

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Feb 20, 2026
Return Version
2024v5.5
Gross Receipts
$4,659,394
Mission and Program Overview

Mission

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.

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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$629,553$719,344▲ $89,791
Cash and Non-Interest-Bearing Accounts$266,930$221,501▼ $45,429
Land, Buildings, and Equipment, Net$182,222$183,120▲ $898
Prepaid Expenses and Deferred Charges$4,066$0▼ $4,066
Total Assets$1,082,771$1,123,965▲ $41,194
Liabilities
Accounts Payable and Accrued Expenses$189,684$348,052▲ $158,368
Total Liabilities$189,684$348,052▲ $158,368
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$847,823$730,649▼ $117,174
Net Assets With Donor Restrictions$45,264$45,264→ $0
Total Net Assets Fund Balance$893,087$775,913▼ $117,174
Total Liabilities and Net Assets / Fund Balance$1,082,771$1,123,965▲ $41,194

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$183,120$31,110$214,230
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
James MoselySuperintendentFT$110,000$110,000

Board Members and Trustees

NameTitle
Ken CowanBoard Chair
David LumpkinsMember
Janice CharacterMember
Les CsorbaMember
Lionel JellinsMember
Ryan DoliboisMember
John PeavySecretary
Valerie WilliamsTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Yellowstone AcademyShared Svcs3000 TRULLEY ST, Houston, TX 77004$546,002
Revenue and Support

Revenue Composition

Contributions and Grants
$4,659,394
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$373,652
Change in Net Assets
$-117,174

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,659,394
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$4,659,394
Total Revenue per Form 990
$4,659,394
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,827,257
Other Expenses$1,949,311
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,173,649$131,207-$2,304,856
Fees for Services Other$328,686$363,010-$691,696
Other Employee Benefits$337,155$40,843-$377,998
Occupancy-$294,476-$294,476
Office Expenses$221,071$48,769-$269,840
Current Officers, Directors, Trustees, and Key Employees-$110,000-$110,000
Fees for Services Accounting-$40,281-$40,281
Payroll Taxes$30,730$3,673-$34,403
Insurance-$26,506-$26,506
Other Expenses$39,283$15,791-$15,791
Depreciation Depletion-$13,332-$13,332
Travel$10,366$1,480-$11,846
Total Functional Expenses$3,140,940$1,635,628$0$4,776,568

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,776,568
Total Expenses per Audited Statements$4,776,568
Total Expenses per Form 990$4,776,568
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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.

Filing and Contact Details

Filer

Filer Name
Yellowstone Education Foundation
EIN
81-2280283
Phone
7137418000
Address
PO BOX 231845, HOUSTON, TX 77223
Doing Business As
Yellowstone College Prep

Signing Officer

Name
Richard Harris
Title
Cfoo
Phone
7137418000
Signed
2026-02-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Mosley
Formed
2016
Legal Domicile
TX
Voting Board Members
8
Independent Board Members
8
Employees
73
Volunteers
162

Preparer

Firm
Mcconnell & Jones Llp
Address
4828 LOOP CENTRAL DRIVE SUITE 1000, HOUSTON, TX 77081
Preparer
Tene Thomas
Phone
7139681600
Supplemental Narrative

Additional Explanations

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.

Financial Statement Notes

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.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/OtherExpensesGrp/Desc1FOOD
IRS990/OtherExpensesGrp/Desc2INSTRUCTIONAL MATERIALS
IRS990/OtherExpensesGrp/Desc3UTILITIES
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IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE 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.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleD/TotalExpensesPerForm990Amt04776568
IRS990ScheduleD/TotalRevenuePerForm990Amt04659394
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IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04776568
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0YELLOWSTONE'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.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2LINE 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 328,686. MANAGEMENT AND GENERAL EXPENSES 363,010. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 691,696.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION HAS NOT CHANGED EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C
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IRS990/SubjectToProxyTaxInd00
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IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalRevenueGrp/ExclusionAmt00
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IRS990/TotalVolunteersCnt0162
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IRS990/WebsiteAddressTxt0WWW.YELLOWSTONECOLLEGEPREP.ORG
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0RICHARD HARRIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFOO
ReturnHeader/BusinessOfficerGrp/PhoneNum07137418000
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-02-20
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0760488832
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MCCONNELL & JONES LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04828 LOOP CENTRAL DRIVE SUITE 1000
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ReturnHeader/PreparerPersonGrp/PhoneNum07139681600
ReturnHeader/PreparerPersonGrp/PreparationDt02026-02-11

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