Civic Intelligence

Yellow Work Inc

EIN 83-1806269 • 501(c)3 • Virginia Beach, VA

Profile

EVEN THE ODDS FOR ALL THROUGH EDUCATION. See Schedule O.

2697 International Pkwy Ste 207-2Virginia Beach, VA 23452

www.teamyellow.org

Siviq Scores

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

Liabilities / Assets

29th percentile

0.01x

Higher debt load relative to assets than 29% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

28th percentile

0.01x

Higher debt load relative to revenue than 28% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

94th percentile

69%

Higher net margin than 94% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

95th percentile

108%

Faster asset growth than 95% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

73rd percentile

25%

Faster revenue growth than 73% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Down

$7,009,997

Down $54,347 (-0.8%) from 2024

Liabilities

Up

$428,001

Up $282,094 (+193%) from 2024

Net Assets

Down

$6,581,996

Down $336,441 (-4.9%) from 2024

Revenue

Down

$2,299,750

Down $477,060 (-17%) from 2024

Expenses

Up

$2,636,189

Up $213,183 (+8.8%) from 2024

Net Income

Down

-$336,439

Down $690,243 (-195%) from 2024

Trend Graphs

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2020: $813,440Liabilities 2020: $5,910Net Assets 2020: $807,5302020Assets 2021: $1,785,876Liabilities 2021: $27,451Net Assets 2021: $1,758,4252021Assets 2022: $3,716,955Liabilities 2022: $24,691Net Assets 2022: $3,692,2642022Assets 2023: $6,638,873Liabilities 2023: $74,240Net Assets 2023: $6,564,6332023Assets 2024: $7,064,344Liabilities 2024: $145,907Net Assets 2024: $6,918,4372024Assets 2025: $7,009,997Liabilities 2025: $428,001Net Assets 2025: $6,581,9962025

Highlighted filing

2025

Assets$7,009,997
Liabilities$428,001
Net Assets$6,581,996

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2020: $1,809,836Expenses 2020: $1,002,306Net Income 2020: $807,5302020Revenue 2021: $2,223,761Expenses 2021: $1,272,866Net Income 2021: $950,8952021Revenue 2022: $2,785,914Expenses 2022: $853,975Net Income 2022: $1,931,9392022Revenue 2023: $5,548,745Expenses 2023: $2,617,926Net Income 2023: $2,930,8192023Revenue 2024: $2,776,810Expenses 2024: $2,423,006Net Income 2024: $353,8042024Revenue 2025: $2,299,750Expenses 2025: $2,636,189Net Income 2025: -$336,4392025

Highlighted filing

2025

Revenue$2,299,750
Expenses$2,636,189
Net Income-$336,439

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Mar 5, 2026
Return Version
2024v5.5
Gross Receipts
$2,299,750
Mission and Program Overview

Mission

Even the odds for all through education.

TO EVEN THE ODDS FOR ALL KIDS THROUGH EDUCATION. We focus on five key priorities to transform education and teach for the future: ABOLISH REMEDIAL, REVOLUTIONIZE TEACHING, INSPIRE ENTREPRENEURSHIP, NOURISH YOUTH, and ENLIST COMMUNITIES.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,712,421$4,107,003▲ $1,394,582
Pledges and Grants Receivable$2,202,738$500,000▼ $1,702,738
Land, Buildings, and Equipment, Net$13,799$40,095▲ $26,296
Prepaid Expenses and Deferred Charges$17,042$2,500▼ $14,542
Total Assets$7,064,344$7,009,997▼ $54,347
Other Assets Total$2,118,344$2,360,399▲ $242,055
Liabilities
Other Liabilities$88,594$298,584▲ $209,990
Accounts Payable and Accrued Expenses$57,313$129,417▲ $72,104
Total Liabilities$145,907$428,001▲ $282,094
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,622,714$5,829,022▲ $206,308
Net Assets With Donor Restrictions$1,295,723$752,974▼ $542,749
Total Net Assets Fund Balance$6,918,437$6,581,996▼ $336,441
Total Liabilities and Net Assets / Fund Balance$7,064,344$7,009,997▼ $54,347

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$40,095$27,508$67,603
Other Assets Org$2,677--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Stacey OwsleyExecutive DirectorFT$165,461$165,461

Board Members and Trustees

NameTitle
Geoffrey CanadaBoard Chair
Pharrell WilliamsPresident/CEO
Bob PilonDirector
Dominic NGDirector
Jane RosenthalDirector
Nicole AvantDirector
Ted SarandosDirector
Theodore Colbert IIIDirector
Andrew NikouSecretary&Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,299,750
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$2,299,750
Change in Net Assets
$-336,439

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,299,750
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,299,750
Total Revenue per Form 990
$2,299,750
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,427,833
Other Expenses$1,208,356
Total Fundraising Expense$313,501
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$954,926$128,294$135,868$1,219,088
Fees for Services Other$144,735$59,670$101,362$305,767
Occupancy$82,259$33,123-$115,382
Other Employee Benefits$60,135$43,971$6,652$110,758
Information Technology$77,497$22,381-$99,878
Payroll Taxes$76,754$10,312$10,921$97,987
Travel$36,357$35,523$11,940$83,820
Fees for Services Accounting$28,325$11,678$19,837$59,840
Advertising$7,993$23,062$14,438$45,493
Insurance$23,111$8,460-$31,571
Office Expenses$17,706$4,767$1,313$23,786
Fees for Services Legal$11,138$4,592$7,801$23,531
Depreciation Depletion$12,951--$12,951
All Other Expenses$11,463$1,253-$12,716
Other Expenses$8,217$4,369$1,369$12,586
Total Functional Expenses$1,917,746$404,942$313,501$2,636,189

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,636,189
Total Expenses per Audited Statements$2,636,189
Total Expenses per Form 990$2,636,189
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability Long Term$129,628
Lease Liability Short Term$112,511
Accrued Payroll$56,445
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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

Upon completion of the Form 990 by a public accounting firm, the Form 990 is reviewed by the Executive Director before the form is electronically filed with the IRS.

Form 990, Part VI, Section B, line 12C

Oversight through regular meetings

Form 990, Part VI, Section B, line 15

Determined by the Board

Form 990, Part VI, Section C, line 19

Form 990 are made available by request.

Filing and Contact Details

Filer

Filer Name
Yellow Work Inc
EIN
83-1806269
Phone
7576527893
Address
2697 International Pkwy Ste 207-2, Virginia Beach, VA 23452

Signing Officer

Name
Stacey Owsley
Title
Executive Director
Phone
7576527893
Signed
2026-03-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stacey Owsley
Formed
2019
Legal Domicile
De
Voting Board Members
9
Independent Board Members
9
Employees
19
Volunteers
0

Preparer

Firm
Whalen Cpas
Address
655 METRO PLACE SOUTH SUITE 450, DUBLIN, OH 43017
Preparer
Jeffery A Pumplun CPA
Phone
6143964200
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

Other Professional: Program service expenses 144,735. Management and general expenses 59,670. Fundraising expenses 101,362. Total expenses 305,767.

Form 990, Part XI, line 9:

Rounding -2.

Form 990, Part XII, Line 2C:

No changes have been made to the organization's oversight process or selection process during the tax year.

Financial Statement Notes

Part X, Line 2:

The organization follows FASB ASC 740-10, Accounting for Uncertainty in Income Taxes, which provides guidance on accounting for uncertainty in income taxes recognized in the organization's financial statements. The guidance prescribes a recognition threshold measurement attribute for financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return and also provide guidance on de-recognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. As of June 30, 2024 the organization had no uncertain tax positions that required either recognition or disclosure in the organization's financial statements. Generally, tax years since 2022 may be subject to examination by the federal or state authorities.

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IRS990/OtherExpensesGrp/ProgramServicesAmt0256954
IRS990/OtherExpensesGrp/ProgramServicesAmt188764
IRS990/OtherExpensesGrp/ProgramServicesAmt218461
IRS990/OtherExpensesGrp/ProgramServicesAmt38217
IRS990/OtherExpensesGrp/TotalAmt0262125
IRS990/OtherExpensesGrp/TotalAmt194111
IRS990/OtherExpensesGrp/TotalAmt224799
IRS990/OtherExpensesGrp/TotalAmt312586
IRS990/OtherLiabilitiesGrp/BOYAmt088594
IRS990/OtherLiabilitiesGrp/EOYAmt0298584
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0135868
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0128294
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0954926
IRS990/OtherSalariesAndWagesGrp/TotalAmt01219088
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt010921
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt010312
IRS990/PayrollTaxesGrp/ProgramServicesAmt076754
IRS990/PayrollTaxesGrp/TotalAmt097987
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt02202738
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0500000
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt017042
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02500
IRS990/PrincipalOfficerNm0Stacey Owsley
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02776810
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt01071949
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0353804
IRS990/PYSalariesCompEmpBnftPaidAmt01351057
IRS990/PYTotalExpensesAmt02423006
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02776810
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-336439
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02299750
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02776810
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt08331606
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02220312
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01809836
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt017438314
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt03053
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt03449
IRS990ScheduleA/OtherIncome170Grp/TotalAmt06502
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt09772760
IRS990ScheduleA/SubstantialContributorsTotAmt07665554
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02299750
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02776810
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt08331606
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02220312
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01809836
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt017438314
IRS990ScheduleA/TotalSupportAmt017444816
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02636189
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02112409
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1241563
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt23750
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt32677
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Construction in Progress
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Right of Use Asset
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Security Deposit
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3Employee Advance
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt040095
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt027508
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt067603
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt056445
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1129628
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2112511
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Accrued Payroll
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Lease Liability Long Term
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Lease Liability Short Term
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02299750
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The organization follows FASB ASC 740-10, Accounting for Uncertainty in Income Taxes, which provides guidance on accounting for uncertainty in income taxes recognized in the organization's financial statements. The guidance prescribes a recognition threshold measurement attribute for financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return and also provide guidance on de-recognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. As of June 30, 2024 the organization had no uncertain tax positions that required either recognition or disclosure in the organization's financial statements. Generally, tax years since 2022 may be subject to examination by the federal or state authorities.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt040095
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02360399
IRS990ScheduleD/TotalExpensesPerForm990Amt02636189
IRS990ScheduleD/TotalLiabilityAmt0298584
IRS990ScheduleD/TotalRevenuePerForm990Amt02299750
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02299750
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02636189
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0165461
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Stacey Owsley
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Executive Director
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0165461
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Upon completion of the Form 990 by a public accounting firm, the Form 990 is reviewed by the Executive Director before the form is electronically filed with the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Oversight through regular meetings
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Determined by the Board
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Form 990 are made available by request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Other Professional: Program service expenses 144,735. Management and general expenses 59,670. Fundraising expenses 101,362. Total expenses 305,767.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Rounding -2.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6No changes have been made to the organization's 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

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