﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2018v3.2">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2020-05-15T20:53:41-05:00</ReturnTs>
    <TaxPeriodEndDt>2019-06-30</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>760488832</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>MCCONNELL &amp; JONES LLP</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>4828 LOOP CENTRAL DR STE 1000</AddressLine1Txt>
        <CityNm>HOUSTON</CityNm>
        <StateAbbreviationCd>TX</StateAbbreviationCd>
        <ZIPCd>770812222</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990</ReturnTypeCd>
    <TaxPeriodBeginDt>2018-07-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>812280283</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>YELLOWSTONE EDUCATION FOUNDATION</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>YELL</BusinessNameControlTxt>
      <PhoneNum>7137418000</PhoneNum>
      <USAddress>
        <AddressLine1Txt>PO BOX 231845</AddressLine1Txt>
        <CityNm>HOUSTON</CityNm>
        <StateAbbreviationCd>TX</StateAbbreviationCd>
        <ZIPCd>77223</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>JOHN PEAVY</PersonNm>
      <PersonTitleTxt>SECRETARY</PersonTitleTxt>
      <PhoneNum>7137418000</PhoneNum>
      <SignatureDt>2020-05-14</SignatureDt>
    </BusinessOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>TENE THOMAS</PreparerPersonNm>
      <PTIN>P00849229</PTIN>
      <PhoneNum>7139681600</PhoneNum>
      <PreparationDt>2020-05-14</PreparationDt>
    </PreparerPersonGrp>
    <FilingSecurityInformation>
      <IPAddress>
        <IPv4AddressTxt>172.127.130.203</IPv4AddressTxt>
      </IPAddress>
      <IPDt>2020-05-15</IPDt>
      <IPTm>20:53:41</IPTm>
      <IPTimezoneCd>CD</IPTimezoneCd>
      <FilingLicenseTypeCd>P</FilingLicenseTypeCd>
      <AtSubmissionCreationDeviceId>532F1AC7FDD7F9420B6B2C043886DB15B145ADE0</AtSubmissionCreationDeviceId>
      <AtSubmissionFilingDeviceId>BF759CAD80100E30FED73A090152F62D2AE3C971</AtSubmissionFilingDeviceId>
    </FilingSecurityInformation>
    <TaxYr>2018</TaxYr>
    <BuildTS>2020-11-06 18:47:13Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="6">
    <IRS990 documentId="RetDoc2" referenceDocumentId="RetDoc5">
      <DoingBusinessAsName>
        <BusinessNameLine1Txt>YELLOWSTONE COLLEGE PREP</BusinessNameLine1Txt>
      </DoingBusinessAsName>
      <PrincipalOfficerNm>JOHN PEAVY</PrincipalOfficerNm>
      <USAddress>
        <AddressLine1Txt>PO BOX 231845</AddressLine1Txt>
        <CityNm>HOUSTON</CityNm>
        <StateAbbreviationCd>TX</StateAbbreviationCd>
        <ZIPCd>77223</ZIPCd>
      </USAddress>
      <GrossReceiptsAmt>3074317</GrossReceiptsAmt>
      <GroupReturnForAffiliatesInd>false</GroupReturnForAffiliatesInd>
      <Organization501c3Ind>X</Organization501c3Ind>
      <WebsiteAddressTxt>HTTP://WWW.YELLOWSTONECOLLEGEPREP.ORG</WebsiteAddressTxt>
      <TypeOfOrganizationCorpInd>X</TypeOfOrganizationCorpInd>
      <FormationYr>2016</FormationYr>
      <LegalDomicileStateCd>TX</LegalDomicileStateCd>
      <ActivityOrMissionDesc>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.</ActivityOrMissionDesc>
      <VotingMembersGoverningBodyCnt>5</VotingMembersGoverningBodyCnt>
      <VotingMembersIndependentCnt>5</VotingMembersIndependentCnt>
      <TotalEmployeeCnt>25</TotalEmployeeCnt>
      <TotalGrossUBIAmt>0</TotalGrossUBIAmt>
      <PYContributionsGrantsAmt>330000</PYContributionsGrantsAmt>
      <CYContributionsGrantsAmt>3072769</CYContributionsGrantsAmt>
      <PYProgramServiceRevenueAmt>186981</PYProgramServiceRevenueAmt>
      <CYProgramServiceRevenueAmt>1548</CYProgramServiceRevenueAmt>
      <CYInvestmentIncomeAmt>0</CYInvestmentIncomeAmt>
      <CYOtherRevenueAmt>0</CYOtherRevenueAmt>
      <PYTotalRevenueAmt>516981</PYTotalRevenueAmt>
      <CYTotalRevenueAmt>3074317</CYTotalRevenueAmt>
      <CYGrantsAndSimilarPaidAmt>0</CYGrantsAndSimilarPaidAmt>
      <CYBenefitsPaidToMembersAmt>0</CYBenefitsPaidToMembersAmt>
      <PYSalariesCompEmpBnftPaidAmt>63805</PYSalariesCompEmpBnftPaidAmt>
      <CYSalariesCompEmpBnftPaidAmt>1392954</CYSalariesCompEmpBnftPaidAmt>
      <CYTotalProfFndrsngExpnsAmt>0</CYTotalProfFndrsngExpnsAmt>
      <CYTotalFundraisingExpenseAmt>0</CYTotalFundraisingExpenseAmt>
      <PYOtherExpensesAmt>227680</PYOtherExpensesAmt>
      <CYOtherExpensesAmt>1348483</CYOtherExpensesAmt>
      <PYTotalExpensesAmt>291485</PYTotalExpensesAmt>
      <CYTotalExpensesAmt>2741437</CYTotalExpensesAmt>
      <PYRevenuesLessExpensesAmt>225496</PYRevenuesLessExpensesAmt>
      <CYRevenuesLessExpensesAmt>332880</CYRevenuesLessExpensesAmt>
      <TotalAssetsBOYAmt>221675</TotalAssetsBOYAmt>
      <TotalAssetsEOYAmt>742563</TotalAssetsEOYAmt>
      <TotalLiabilitiesBOYAmt>-3821</TotalLiabilitiesBOYAmt>
      <TotalLiabilitiesEOYAmt>404683</TotalLiabilitiesEOYAmt>
      <NetAssetsOrFundBalancesBOYAmt>225496</NetAssetsOrFundBalancesBOYAmt>
      <NetAssetsOrFundBalancesEOYAmt>337880</NetAssetsOrFundBalancesEOYAmt>
      <InfoInScheduleOPartIIIInd>X</InfoInScheduleOPartIIIInd>
      <MissionDesc>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.</MissionDesc>
      <SignificantNewProgramSrvcInd>false</SignificantNewProgramSrvcInd>
      <SignificantChangeInd>false</SignificantChangeInd>
      <ExpenseAmt>1698674</ExpenseAmt>
      <RevenueAmt>2202898</RevenueAmt>
      <Desc>ACADEMIC PROGRAM: AT YELLOWSTONE, WE BELIEVE THAT EVERY CHILD IS BORN WITH A PURPOSE AND DESTINED FOR SUCCESS. IN 2018-2019 THE FOUNDATION OPENED YELLOWSTONE COLLEGE PREP CHARTER SCHOOL AND SERVED OVER 200 STUDENTS IN GRADE 5-8. OUR PROGRAM IS DESIGNED TO ENCOURAGE STUDENTS TO MAKE SIGNIFICANT ACADEMIC GAINS EACH YEAR. WITH CLASS SIZES THAT AVERAGE 18 STUDENTS, OUR TEACHERS ARE ABLE TO FOCUS ON EACH INDIVIDUAL STUDENTS PROGRESS AND PROVIDE INSTRUCTION SUITED TO THEIR LEVEL. IN ALMOST EVERY GRADE, OUR MIDDLE SCHOOL STUDENTS MADE SIGNIFICANT GAINS FROM THEIR BENCHMARK SCORES TO THEIR FINAL STATE TESTING SCORES IN BOTH READING AND MATH. DESPITE THESE IMPRESSIVE GAINS, YELLOWSTONE COLLEGE PREP RECEIVED AN IMPROVEMENT REQUIRED RATING FROM THE TEXAS EDUCATION AGENCY. WE ANTICIPATED THIS RATING FOR OUR FIRST YEAR BASED ON THE WAY THE RATING FORMULA WORKS, AND THE WAY WE LAUNCHED OUR MODEL AND OUR MISSION. READ MORE ABOUT OUR STATE RANKING AT YELLOWSTONESCHOOLS.ORG/RATING. WE ARE POISED FOR SUCCESS IN THE COMING YEARS.</Desc>
      <TotalProgramServiceExpensesAmt>1698674</TotalProgramServiceExpensesAmt>
      <DescribedInSection501c3Ind referenceDocumentId="RetDoc6">true</DescribedInSection501c3Ind>
      <ScheduleBRequiredInd referenceDocumentId="RetDoc1">true</ScheduleBRequiredInd>
      <PoliticalCampaignActyInd>false</PoliticalCampaignActyInd>
      <LobbyingActivitiesInd>false</LobbyingActivitiesInd>
      <SubjectToProxyTaxInd>false</SubjectToProxyTaxInd>
      <DonorAdvisedFundInd referenceDocumentId="RetDoc3">false</DonorAdvisedFundInd>
      <ConservationEasementsInd referenceDocumentId="RetDoc3">false</ConservationEasementsInd>
      <CollectionsOfArtInd referenceDocumentId="RetDoc3">false</CollectionsOfArtInd>
      <CreditCounselingInd referenceDocumentId="RetDoc3">false</CreditCounselingInd>
      <TempOrPermanentEndowmentsInd referenceDocumentId="RetDoc3">false</TempOrPermanentEndowmentsInd>
      <ReportLandBuildingEquipmentInd referenceDocumentId="RetDoc3">false</ReportLandBuildingEquipmentInd>
      <ReportInvestmentsOtherSecInd referenceDocumentId="RetDoc3">false</ReportInvestmentsOtherSecInd>
      <ReportProgramRelatedInvstInd referenceDocumentId="RetDoc3">false</ReportProgramRelatedInvstInd>
      <ReportOtherAssetsInd referenceDocumentId="RetDoc3">false</ReportOtherAssetsInd>
      <ReportOtherLiabilitiesInd referenceDocumentId="RetDoc3">false</ReportOtherLiabilitiesInd>
      <IncludeFIN48FootnoteInd referenceDocumentId="RetDoc3">false</IncludeFIN48FootnoteInd>
      <IndependentAuditFinclStmtInd referenceDocumentId="RetDoc3">true</IndependentAuditFinclStmtInd>
      <ConsolidatedAuditFinclStmtInd referenceDocumentId="RetDoc3">false</ConsolidatedAuditFinclStmtInd>
      <SchoolOperatingInd referenceDocumentId="RetDoc4">true</SchoolOperatingInd>
      <ForeignOfficeInd>false</ForeignOfficeInd>
      <ForeignActivitiesInd>false</ForeignActivitiesInd>
      <MoreThan5000KToOrgInd>false</MoreThan5000KToOrgInd>
      <MoreThan5000KToIndividualsInd>false</MoreThan5000KToIndividualsInd>
      <ProfessionalFundraisingInd>false</ProfessionalFundraisingInd>
      <FundraisingActivitiesInd>false</FundraisingActivitiesInd>
      <GamingActivitiesInd>false</GamingActivitiesInd>
      <OperateHospitalInd>false</OperateHospitalInd>
      <GrantsToOrganizationsInd>false</GrantsToOrganizationsInd>
      <GrantsToIndividualsInd>false</GrantsToIndividualsInd>
      <ScheduleJRequiredInd>false</ScheduleJRequiredInd>
      <TaxExemptBondsInd>false</TaxExemptBondsInd>
      <EngagedInExcessBenefitTransInd>false</EngagedInExcessBenefitTransInd>
      <PYExcessBenefitTransInd>false</PYExcessBenefitTransInd>
      <LoanOutstandingInd>false</LoanOutstandingInd>
      <GrantToRelatedPersonInd>false</GrantToRelatedPersonInd>
      <BusinessRlnWithOrgMemInd>false</BusinessRlnWithOrgMemInd>
      <BusinessRlnWithFamMemInd>false</BusinessRlnWithFamMemInd>
      <BusinessRlnWithOfficerEntInd>false</BusinessRlnWithOfficerEntInd>
      <DeductibleNonCashContriInd>false</DeductibleNonCashContriInd>
      <DeductibleArtContributionInd>false</DeductibleArtContributionInd>
      <TerminateOperationsInd>false</TerminateOperationsInd>
      <PartialLiquidationInd>false</PartialLiquidationInd>
      <DisregardedEntityInd>false</DisregardedEntityInd>
      <RelatedEntityInd>false</RelatedEntityInd>
      <RelatedOrganizationCtrlEntInd>false</RelatedOrganizationCtrlEntInd>
      <TrnsfrExmptNonChrtblRltdOrgInd>false</TrnsfrExmptNonChrtblRltdOrgInd>
      <ActivitiesConductedPrtshpInd>false</ActivitiesConductedPrtshpInd>
      <ScheduleORequiredInd>true</ScheduleORequiredInd>
      <IRPDocumentCnt>9</IRPDocumentCnt>
      <IRPDocumentW2GCnt>0</IRPDocumentW2GCnt>
      <EmployeeCnt>25</EmployeeCnt>
      <EmploymentTaxReturnsFiledInd>true</EmploymentTaxReturnsFiledInd>
      <UnrelatedBusIncmOverLimitInd>false</UnrelatedBusIncmOverLimitInd>
      <ForeignFinancialAccountInd>false</ForeignFinancialAccountInd>
      <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
      <TaxablePartyNotificationInd>false</TaxablePartyNotificationInd>
      <NondeductibleContributionsInd>false</NondeductibleContributionsInd>
      <QuidProQuoContributionsInd>false</QuidProQuoContributionsInd>
      <Form8282PropertyDisposedOfInd>false</Form8282PropertyDisposedOfInd>
      <RcvFndsToPayPrsnlBnftCntrctInd>false</RcvFndsToPayPrsnlBnftCntrctInd>
      <PayPremiumsPrsnlBnftCntrctInd>false</PayPremiumsPrsnlBnftCntrctInd>
      <IndoorTanningServicesInd>false</IndoorTanningServicesInd>
      <SubjToTaxRmnrtnExPrchtPymtInd>false</SubjToTaxRmnrtnExPrchtPymtInd>
      <SubjectToExcsTaxNetInvstIncInd>false</SubjectToExcsTaxNetInvstIncInd>
      <InfoInScheduleOPartVIInd>X</InfoInScheduleOPartVIInd>
      <GoverningBodyVotingMembersCnt>5</GoverningBodyVotingMembersCnt>
      <IndependentVotingMemberCnt>5</IndependentVotingMemberCnt>
      <FamilyOrBusinessRlnInd>false</FamilyOrBusinessRlnInd>
      <DelegationOfMgmtDutiesInd>false</DelegationOfMgmtDutiesInd>
      <ChangeToOrgDocumentsInd>false</ChangeToOrgDocumentsInd>
      <MaterialDiversionOrMisuseInd>false</MaterialDiversionOrMisuseInd>
      <MembersOrStockholdersInd>false</MembersOrStockholdersInd>
      <ElectionOfBoardMembersInd>false</ElectionOfBoardMembersInd>
      <DecisionsSubjectToApprovaInd>false</DecisionsSubjectToApprovaInd>
      <MinutesOfGoverningBodyInd>true</MinutesOfGoverningBodyInd>
      <MinutesOfCommitteesInd>true</MinutesOfCommitteesInd>
      <OfficerMailingAddressInd>false</OfficerMailingAddressInd>
      <LocalChaptersInd>false</LocalChaptersInd>
      <Form990ProvidedToGvrnBodyInd>true</Form990ProvidedToGvrnBodyInd>
      <ConflictOfInterestPolicyInd>true</ConflictOfInterestPolicyInd>
      <AnnualDisclosureCoveredPrsnInd>true</AnnualDisclosureCoveredPrsnInd>
      <RegularMonitoringEnfrcInd>true</RegularMonitoringEnfrcInd>
      <WhistleblowerPolicyInd>true</WhistleblowerPolicyInd>
      <DocumentRetentionPolicyInd>true</DocumentRetentionPolicyInd>
      <CompensationProcessCEOInd>true</CompensationProcessCEOInd>
      <CompensationProcessOtherInd>true</CompensationProcessOtherInd>
      <InvestmentInJointVentureInd>false</InvestmentInJointVentureInd>
      <UponRequestInd>X</UponRequestInd>
      <BooksInCareOfDetail>
        <PersonNm>MELANIE BROOKS</PersonNm>
        <PhoneNum>7137418000</PhoneNum>
        <USAddress>
          <AddressLine1Txt>3000 TRULLEY STREET</AddressLine1Txt>
          <CityNm>HOUSTON</CityNm>
          <StateAbbreviationCd>TX</StateAbbreviationCd>
          <ZIPCd>77004</ZIPCd>
        </USAddress>
      </BooksInCareOfDetail>
      <Form990PartVIISectionAGrp>
        <PersonNm>LIONEL JELLINS</PersonNm>
        <TitleTxt>BOARD CHAIR</TitleTxt>
        <AverageHoursPerWeekRt>5.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>ARTHUR L BRYAN II</PersonNm>
        <TitleTxt>DIRECTOR</TitleTxt>
        <AverageHoursPerWeekRt>2.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>JANICE CHARACTER</PersonNm>
        <TitleTxt>DIRECTOR</TitleTxt>
        <AverageHoursPerWeekRt>2.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>DAVID LUMPKINS</PersonNm>
        <TitleTxt>DIRECTOR</TitleTxt>
        <AverageHoursPerWeekRt>2.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>VALERIE WILLIAMS</PersonNm>
        <TitleTxt>DIRECTOR</TitleTxt>
        <AverageHoursPerWeekRt>2.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>MATTHEW BARNES</PersonNm>
        <TitleTxt>SECRETARY/TR</TitleTxt>
        <AverageHoursPerWeekRt>2.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>RYAN DOLIBOIS</PersonNm>
        <TitleTxt>SUPERINTENDE</TitleTxt>
        <AverageHoursPerWeekRt>30.00</AverageHoursPerWeekRt>
        <OfficerInd>X</OfficerInd>
        <ReportableCompFromOrgAmt>87222</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>6716</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <TotalReportableCompFromOrgAmt>87222</TotalReportableCompFromOrgAmt>
      <TotalOtherCompensationAmt>6716</TotalOtherCompensationAmt>
      <FormerOfcrEmployeesListedInd>false</FormerOfcrEmployeesListedInd>
      <TotalCompGreaterThan150KInd>false</TotalCompGreaterThan150KInd>
      <CompensationFromOtherSrcsInd>false</CompensationFromOtherSrcsInd>
      <ContractorCompensationGrp>
        <ContractorName>
          <BusinessName>
            <BusinessNameLine1Txt>YELLOWSTONE ACADEMY</BusinessNameLine1Txt>
          </BusinessName>
        </ContractorName>
        <ContractorAddress>
          <USAddress>
            <AddressLine1Txt>3000 TRULLEY</AddressLine1Txt>
            <CityNm>HOUSTON</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>77004</ZIPCd>
          </USAddress>
        </ContractorAddress>
        <ServicesDesc>ACADEMIC SVCS</ServicesDesc>
        <CompensationAmt>374088</CompensationAmt>
      </ContractorCompensationGrp>
      <ContractorCompensationGrp>
        <ContractorName>
          <BusinessName>
            <BusinessNameLine1Txt>THE HEALTHY LUNCHBOX</BusinessNameLine1Txt>
          </BusinessName>
        </ContractorName>
        <ContractorAddress>
          <USAddress>
            <AddressLine1Txt>614 W GREENS RD</AddressLine1Txt>
            <CityNm>HOUSTON</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>77067</ZIPCd>
          </USAddress>
        </ContractorAddress>
        <ServicesDesc>FOOD SVCS</ServicesDesc>
        <CompensationAmt>175530</CompensationAmt>
      </ContractorCompensationGrp>
      <CntrctRcvdGreaterThan100KCnt>2</CntrctRcvdGreaterThan100KCnt>
      <GovernmentGrantsAmt>2795171</GovernmentGrantsAmt>
      <AllOtherContributionsAmt>277598</AllOtherContributionsAmt>
      <NoncashContributionsAmt>15677</NoncashContributionsAmt>
      <TotalContributionsAmt>3072769</TotalContributionsAmt>
      <ProgramServiceRevenueGrp>
        <Desc>STUDENT ACTIVITIES</Desc>
        <BusinessCd>611600</BusinessCd>
        <TotalRevenueColumnAmt>1548</TotalRevenueColumnAmt>
        <RelatedOrExemptFuncIncomeAmt>1548</RelatedOrExemptFuncIncomeAmt>
      </ProgramServiceRevenueGrp>
      <TotalProgramServiceRevenueAmt>1548</TotalProgramServiceRevenueAmt>
      <TotalRevenueGrp>
        <TotalRevenueColumnAmt>3074317</TotalRevenueColumnAmt>
        <RelatedOrExemptFuncIncomeAmt>1548</RelatedOrExemptFuncIncomeAmt>
      </TotalRevenueGrp>
      <InfoInScheduleOPartIXInd>X</InfoInScheduleOPartIXInd>
      <CompCurrentOfcrDirectorsGrp>
        <TotalAmt>87222</TotalAmt>
        <ManagementAndGeneralAmt>87222</ManagementAndGeneralAmt>
      </CompCurrentOfcrDirectorsGrp>
      <OtherSalariesAndWagesGrp>
        <TotalAmt>1135280</TotalAmt>
        <ProgramServicesAmt>985131</ProgramServicesAmt>
        <ManagementAndGeneralAmt>150149</ManagementAndGeneralAmt>
      </OtherSalariesAndWagesGrp>
      <PensionPlanContributionsGrp>
        <TotalAmt>62501</TotalAmt>
        <ProgramServicesAmt>56197</ProgramServicesAmt>
        <ManagementAndGeneralAmt>6304</ManagementAndGeneralAmt>
      </PensionPlanContributionsGrp>
      <OtherEmployeeBenefitsGrp>
        <TotalAmt>74992</TotalAmt>
        <ProgramServicesAmt>69315</ProgramServicesAmt>
        <ManagementAndGeneralAmt>5677</ManagementAndGeneralAmt>
      </OtherEmployeeBenefitsGrp>
      <PayrollTaxesGrp>
        <TotalAmt>32959</TotalAmt>
        <ProgramServicesAmt>26526</ProgramServicesAmt>
        <ManagementAndGeneralAmt>6433</ManagementAndGeneralAmt>
      </PayrollTaxesGrp>
      <FeesForServicesLegalGrp>
        <TotalAmt>4590</TotalAmt>
        <ManagementAndGeneralAmt>4590</ManagementAndGeneralAmt>
      </FeesForServicesLegalGrp>
      <FeesForServicesAccountingGrp>
        <TotalAmt>1875</TotalAmt>
        <ManagementAndGeneralAmt>1875</ManagementAndGeneralAmt>
      </FeesForServicesAccountingGrp>
      <FeesForServicesOtherGrp>
        <TotalAmt>571835</TotalAmt>
        <ProgramServicesAmt>189139</ProgramServicesAmt>
        <ManagementAndGeneralAmt>382696</ManagementAndGeneralAmt>
      </FeesForServicesOtherGrp>
      <OccupancyGrp>
        <TotalAmt>101063</TotalAmt>
        <ManagementAndGeneralAmt>101063</ManagementAndGeneralAmt>
      </OccupancyGrp>
      <TravelGrp>
        <TotalAmt>66816</TotalAmt>
        <ProgramServicesAmt>62101</ProgramServicesAmt>
        <ManagementAndGeneralAmt>4715</ManagementAndGeneralAmt>
      </TravelGrp>
      <InterestGrp>
        <TotalAmt>3034</TotalAmt>
        <ManagementAndGeneralAmt>3034</ManagementAndGeneralAmt>
      </InterestGrp>
      <InsuranceGrp>
        <TotalAmt>15155</TotalAmt>
        <ManagementAndGeneralAmt>15155</ManagementAndGeneralAmt>
      </InsuranceGrp>
      <OtherExpensesGrp>
        <Desc>SUPPLIES</Desc>
        <TotalAmt>376684</TotalAmt>
        <ProgramServicesAmt>300412</ProgramServicesAmt>
        <ManagementAndGeneralAmt>76272</ManagementAndGeneralAmt>
      </OtherExpensesGrp>
      <OtherExpensesGrp>
        <Desc>FOOD</Desc>
        <TotalAmt>175667</TotalAmt>
        <ProgramServicesAmt>137</ProgramServicesAmt>
        <ManagementAndGeneralAmt>175530</ManagementAndGeneralAmt>
      </OtherExpensesGrp>
      <OtherExpensesGrp>
        <Desc>GASOLINE</Desc>
        <TotalAmt>14557</TotalAmt>
        <ManagementAndGeneralAmt>14557</ManagementAndGeneralAmt>
      </OtherExpensesGrp>
      <OtherExpensesGrp>
        <Desc>OTHER</Desc>
        <TotalAmt>11097</TotalAmt>
        <ProgramServicesAmt>3606</ProgramServicesAmt>
        <ManagementAndGeneralAmt>7491</ManagementAndGeneralAmt>
      </OtherExpensesGrp>
      <AllOtherExpensesGrp>
        <TotalAmt>6110</TotalAmt>
        <ProgramServicesAmt>6110</ProgramServicesAmt>
      </AllOtherExpensesGrp>
      <TotalFunctionalExpensesGrp>
        <TotalAmt>2741437</TotalAmt>
        <ProgramServicesAmt>1698674</ProgramServicesAmt>
        <ManagementAndGeneralAmt>1042763</ManagementAndGeneralAmt>
        <FundraisingAmt>0</FundraisingAmt>
      </TotalFunctionalExpensesGrp>
      <CashNonInterestBearingGrp>
        <BOYAmt>36067</BOYAmt>
        <EOYAmt>425682</EOYAmt>
      </CashNonInterestBearingGrp>
      <PledgesAndGrantsReceivableGrp>
        <EOYAmt>316881</EOYAmt>
      </PledgesAndGrantsReceivableGrp>
      <AccountsReceivableGrp>
        <BOYAmt>186981</BOYAmt>
      </AccountsReceivableGrp>
      <PrepaidExpensesDefrdChargesGrp>
        <BOYAmt>-1373</BOYAmt>
      </PrepaidExpensesDefrdChargesGrp>
      <TotalAssetsGrp>
        <BOYAmt>221675</BOYAmt>
        <EOYAmt>742563</EOYAmt>
      </TotalAssetsGrp>
      <AccountsPayableAccrExpnssGrp>
        <BOYAmt>-3821</BOYAmt>
        <EOYAmt>104683</EOYAmt>
      </AccountsPayableAccrExpnssGrp>
      <UnsecuredNotesLoansPayableGrp>
        <EOYAmt>300000</EOYAmt>
      </UnsecuredNotesLoansPayableGrp>
      <TotalLiabilitiesGrp>
        <BOYAmt>-3821</BOYAmt>
        <EOYAmt>404683</EOYAmt>
      </TotalLiabilitiesGrp>
      <OrganizationFollowsSFAS117Ind>X</OrganizationFollowsSFAS117Ind>
      <UnrestrictedNetAssetsGrp>
        <BOYAmt>225496</BOYAmt>
        <EOYAmt>284146</EOYAmt>
      </UnrestrictedNetAssetsGrp>
      <TemporarilyRstrNetAssetsGrp>
        <EOYAmt>53734</EOYAmt>
      </TemporarilyRstrNetAssetsGrp>
      <TotalNetAssetsFundBalanceGrp>
        <BOYAmt>225496</BOYAmt>
        <EOYAmt>337880</EOYAmt>
      </TotalNetAssetsFundBalanceGrp>
      <TotLiabNetAssetsFundBalanceGrp>
        <BOYAmt>221675</BOYAmt>
        <EOYAmt>742563</EOYAmt>
      </TotLiabNetAssetsFundBalanceGrp>
      <ReconcilationRevenueExpnssAmt>332880</ReconcilationRevenueExpnssAmt>
      <PriorPeriodAdjustmentsAmt>-220496</PriorPeriodAdjustmentsAmt>
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AccountantCompileOrReviewInd>false</AccountantCompileOrReviewInd>
      <FSAuditedInd>true</FSAuditedInd>
      <FSAuditedBasisGrp>
        <SeparateBasisFinclStmtInd>X</SeparateBasisFinclStmtInd>
      </FSAuditedBasisGrp>
      <AuditCommitteeInd>true</AuditCommitteeInd>
      <FederalGrantAuditRequiredInd>true</FederalGrantAuditRequiredInd>
      <FederalGrantAuditPerformedInd>true</FederalGrantAuditPerformedInd>
    </IRS990>
    <IRS990ScheduleA documentId="RetDoc6">
      <SchoolInd>X</SchoolInd>
    </IRS990ScheduleA>
    <IRS990ScheduleB documentId="RetDoc1">
      <ContributorInformationGrp>
        <ContributorNum>RESTRICTED</ContributorNum>
        <ContributorBusinessName>
          <BusinessNameLine1>RESTRICTED</BusinessNameLine1>
        </ContributorBusinessName>
        <ContributorUSAddress>
          <AddressLine1>RESTRICTED</AddressLine1>
          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
        </ContributorUSAddress>
        <TotalContributionsAmt>RESTRICTED</TotalContributionsAmt>
      </ContributorInformationGrp>
    </IRS990ScheduleB>
    <IRS990ScheduleD documentId="RetDoc3">
      <TotalRevEtcAuditedFinclStmtAmt>3074317</TotalRevEtcAuditedFinclStmtAmt>
      <RevenueSubtotalAmt>3074317</RevenueSubtotalAmt>
      <TotalRevenuePerForm990Amt>3074317</TotalRevenuePerForm990Amt>
      <TotExpnsEtcAuditedFinclStmtAmt>2741437</TotExpnsEtcAuditedFinclStmtAmt>
      <ExpensesSubtotalAmt>2741437</ExpensesSubtotalAmt>
      <TotalExpensesPerForm990Amt>2741437</TotalExpensesPerForm990Amt>
    </IRS990ScheduleD>
    <IRS990ScheduleE documentId="RetDoc4">
      <NondiscriminatoryPolicyStmtInd>true</NondiscriminatoryPolicyStmtInd>
      <PolicyStmtInBrochuresEtcInd>true</PolicyStmtInBrochuresEtcInd>
      <PlcyPblczdViaBroadcastMediaInd>true</PlcyPblczdViaBroadcastMediaInd>
      <MaintainRacialCompRecsInd>true</MaintainRacialCompRecsInd>
      <MaintainScholarshipsRecsInd>true</MaintainScholarshipsRecsInd>
      <MaintainCpyOfBrochuresEtcInd>true</MaintainCpyOfBrochuresEtcInd>
      <MaintainCpyOfAllSolInd>true</MaintainCpyOfAllSolInd>
      <DiscriminateRaceStdntsRghtsInd>false</DiscriminateRaceStdntsRghtsInd>
      <DiscriminateRaceAdmissPlcyInd>false</DiscriminateRaceAdmissPlcyInd>
      <DiscriminateRaceEmplmFcultyInd>false</DiscriminateRaceEmplmFcultyInd>
      <DiscriminateRaceSchsInd>false</DiscriminateRaceSchsInd>
      <DiscriminateRaceEducPlcyInd>false</DiscriminateRaceEducPlcyInd>
      <DiscriminateRaceUseOfFcltsInd>false</DiscriminateRaceUseOfFcltsInd>
      <DiscriminateRaceAthltProgInd>false</DiscriminateRaceAthltProgInd>
      <DiscriminateRaceOtherActyInd>false</DiscriminateRaceOtherActyInd>
      <GovernmentFinancialAidRcvdInd>false</GovernmentFinancialAidRcvdInd>
      <GovernmentFinancialAidRvkdInd>false</GovernmentFinancialAidRvkdInd>
      <ComplianceWithRevProc7550Ind>true</ComplianceWithRevProc7550Ind>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE E, LINE 3</FormAndLineReferenceDesc>
        <ExplanationTxt>YELLOWSTONE'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.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleE>
    <IRS990ScheduleO documentId="RetDoc5">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990 - ORGANIZATION'S MISSION</FormAndLineReferenceDesc>
        <ExplanationTxt>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.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 2, PART III, LINE 4A</FormAndLineReferenceDesc>
        <ExplanationTxt>ACADEMIC PROGRAM: AT YELLOWSTONE, WE BELIEVE THAT EVERY CHILD IS BORN WITH A PURPOSE AND DESTINED FOR SUCCESS. IN 2018-2019 THE FOUNDATION OPENED YELLOWSTONE COLLEGE PREP CHARTER SCHOOL AND SERVED OVER 200 STUDENTS IN GRADE 5-8. OUR PROGRAM IS DESIGNED TO ENCOURAGE STUDENTS TO MAKE SIGNIFICANT ACADEMIC GAINS EACH YEAR. WITH CLASS SIZES THAT AVERAGE 18 STUDENTS, OUR TEACHERS ARE ABLE TO FOCUS ON EACH INDIVIDUAL STUDENTS PROGRESS AND PROVIDE INSTRUCTION SUITED TO THEIR LEVEL. IN ALMOST EVERY GRADE, OUR MIDDLE SCHOOL STUDENTS MADE SIGNIFICANT GAINS FROM THEIR BENCHMARK SCORES TO THEIR FINAL STATE TESTING SCORES IN BOTH READING AND MATH. DESPITE THESE IMPRESSIVE GAINS, YELLOWSTONE COLLEGE PREP RECEIVED AN IMPROVEMENT REQUIRED RATING FROM THE TEXAS EDUCATION AGENCY. WE ANTICIPATED THIS RATING FOR OUR FIRST YEAR BASED ON THE WAY THE RATING FORMULA WORKS, AND THE WAY WE LAUNCHED OUR MODEL AND OUR MISSION. READ MORE ABOUT OUR STATE RANKING AT YELLOWSTONESCHOOLS.ORG/RATING. WE ARE POISED FOR SUCCESS IN THE COMING YEARS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>THE RETURN WILL BE REVIEWED BY THE DIR. OF FINANCE AND ACCOUNTANT. FOLLOWING ADJUSTMENTS, IF ANY, THE RETURN WILL BE DISTRIBUTED TO THE SUPERINTENDENT AND ALL BOARD MEMBERS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>ON AN ANNUAL BASIS, THE BOARD IS ASKED TO REVIEW THE POLICY AND SIGN AGAIN TO MAKE SURE THAT NOTHING HAS CHANGED IN THEIR STATUS THAT WOULD IMPACT YELLOWSTONE'S POLICY. AT THE POINT OF BRINGING ON NEW BOARD MEMBERS, THE CANDIDATE GOES THROUGH AN ORIENTATION PROCESS THAT INCLUDES A REVIEW OF THE CONFLICT OF INTEREST POLICY.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 15A</FormAndLineReferenceDesc>
        <ExplanationTxt>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.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 15B</FormAndLineReferenceDesc>
        <ExplanationTxt>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.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>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.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART IX, LINE 11G</FormAndLineReferenceDesc>
        <ExplanationTxt>CONTRACTED SERVICES 189,139 382,696 0</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
  </ReturnData>
</Return>