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Yellowstone Theological Institute

  • Bozeman, MT
  • Tax-exempt since Jan. 2022
  • EIN: 46-1549605

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Religion-Related, Spiritual Development / Christian (NTEE)

Donations to this organization are tax deductible.

Details

According to its July 2023 tax filing, this nonprofit:

Operated a school
Organization is a school. Details are reported on Schedule E.

Summary charts: organization finances over time

Revenue
$1.93M (2023)

Expenses
$1.43M (2023)

Total Assets
$13.5M (2023)

Total Liabilities
$3.94M (2023)

Source: Form 990 tax filings from 2013 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending July
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,926,169
Expenses
$1,427,964
Net Income
$498,205
Net Assets
$9,578,527
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,793,992
93.1%
Program Services $32,729
1.7%
Investment Income $7,108
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $92,340
4.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $68,143
4.8%
Professional Fundraising Fees $0
Other Salaries and Wages $474,936
33.3%
Assets/Debt
Total Assets $13,520,694
Total Liabilities $3,942,167
Net Assets $9,578,527
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Rev Dr Jay Smith (Ex Officio) $68,143 $0 $0
Joe Billion (Board Member) $0 $0 $0
Chris Budeski (Trustee/Dire) $0 $0 $0
Reverend Brian Epps (Trustee/Dire) $0 $0 $0
Dr Bill Fowler (Trustee/Dire) $0 $0 $0
Karen Gilhousen (Board Member) $0 $0 $0
Jenni Leach (Board Member) $0 $0 $0
Paul Newby (Interim Chai) $0 $0 $0
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Document Links

990
Filed on Feb. 6, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending July
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,699,535
Expenses
$1,391,457
Net Income
$8,308,078
Net Assets
$9,080,322
Notable Sources of Revenue Percent of Total Revenue
Contributions $9,649,051
99.5%
Program Services $32,678
0.3%
Investment Income $375
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $17,431
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $72,958
5.2%
Professional Fundraising Fees $0
Other Salaries and Wages $357,351
25.7%
Assets/Debt
Total Assets $9,123,187
Total Liabilities $42,865
Net Assets $9,080,322
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Rev Dr Jay Smith (Ex Officio) $72,958 $0 $41,326
Joe Billion (Board Member) $0 $0 $0
Chris Budeski (Trustee/Dire) $0 $0 $0
Karen Gilhousen (Board Member) $0 $0 $0
Jenni Leach (Board Member) $0 $0 $0
Paul Newby (Interim Chai) $0 $0 $0
+ View more people

Document Links

990
Filed on Dec. 13, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending July
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,187,724
Expenses
$1,072,493
Net Income
$115,231
Net Assets
$772,244
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,143,326
96.3%
Program Services $6,019
0.5%
Investment Income $27
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $11,691
1.0%
Net Inventory Sales $0
Other Revenue $26,661
2.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $455,082
42.4%
Assets/Debt
Total Assets $817,795
Total Liabilities $45,551
Net Assets $772,244
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Joe Billion (Board Member) $0 $0 $0
Karen Gilhousen (Board Member) $0 $0 $0
Jenni Leach (Board Member) $0 $0 $0
Sherry Linnerooth (Board Member) $0 $0 $0
Paul Newby (Treasurer) $0 $0 $0
Rev Dr Jay Smith (President/Ex) $0 $0 $0
+ View more people

Document Links

990
Filed on May 12, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending July
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$980,885
Expenses
$885,635
Net Income
$95,250
Net Assets
$657,013
Notable Sources of Revenue Percent of Total Revenue
Contributions $959,184
97.8%
Program Services $7,520
0.8%
Investment Income $11
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $14,170
1.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $344,343
38.9%
Assets/Debt
Total Assets $705,353
Total Liabilities $48,340
Net Assets $657,013
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Rev Dr Jay Smith (President/Ex) $85,860 $0 $12,462
Joe Billion (Board Member) $0 $0 $0
Karen Gilhousen (Board Member) $0 $0 $0
Jenni Leach (Board Member) $0 $0 $0
Sherry Linnerooth (Board Member) $0 $0 $0
Paul Newby (Treasurer) $0 $0 $0
+ View more people

Document Links

990
Filed on May 12, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending July
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,120,654
Expenses
$1,354,591
Net Income
-$233,937
Net Assets
$561,760
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,091,623
97.4%
Program Services $25,500
2.3%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $3,531
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $545,027
40.2%
Assets/Debt
Total Assets $613,792
Total Liabilities $52,032
Net Assets $561,760

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF
PDF (2 of 2)

Fiscal Year Ending July
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,183,753
Expenses
$753,640
Net Income
$430,113
Net Assets
$795,700
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,176,829
99.4%
Program Services $5,358
0.5%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,566
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $365,838
48.5%
Assets/Debt
Total Assets $849,878
Total Liabilities $54,178
Net Assets $795,700

No Document Links

The IRS has provided extracted financial data for this filing, but has not yet released the source documents.

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,166,433
Expenses
$1,068,846
Net Income
$97,587
Net Assets
$365,587
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,145,976
98.2%
Program Services $20,263
1.7%
Investment Income $67
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $127
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $519,591
48.6%
Assets/Debt
Total Assets $449,854
Total Liabilities $84,267
Net Assets $365,587
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Rev Dr Jay Smith (President &) $81,337 $0 $36,721
Rev Clark Sherman (Board Chairm) $0 $0 $0
Paul Newby (Treasurer) $0 $0 $0
Sherry Linnerooth (Board Member) $0 $0 $0
Karen Gilhousen (Board Member) $0 $0 $0
Rusty Stickler (Board Member) $0 $0 $0
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Document Links

990
Filed on Nov. 15, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$661,487
Expenses
$716,562
Net Income
-$55,075
Net Assets
$264,203
Notable Sources of Revenue Percent of Total Revenue
Contributions $651,834
98.5%
Program Services $9,577
1.4%
Investment Income $24
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $52
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $344,271
48.0%
Assets/Debt
Total Assets $301,556
Total Liabilities $37,353
Net Assets $264,203
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Rev Dr Jay Smith (President &) $89,930 $0 $38,023
Rev Clark Sherman (Board Chairm) $0 $0 $0
Paul Newby (Treasurer) $0 $0 $0
Sherry Linnerooth (Board Member) $0 $0 $0
Karen Gilhousen (Board Member) $0 $0 $0
Rusty Stickler (Board Member) $0 $0 $0
+ View more people

Document Links

990
Filed on Feb. 19, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML
View Filing (2 of 2) PDF (2 of 2)

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$534,949
Expenses
$567,441
Net Income
-$32,492
Net Assets
$319,278
Notable Sources of Revenue Percent of Total Revenue
Contributions $518,791
97.0%
Program Services $13,112
2.5%
Investment Income $46
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $3,000
0.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $271,367
47.8%
Assets/Debt
Total Assets $347,119
Total Liabilities $27,841
Net Assets $319,278
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Rev Dr Jay Smith (President &) $84,290 $0 $19,678
Klein Gilhousen (Vice Preside) $0 $0 $0
Paul Newby (Director) $0 $0 $0
Rusty Stickler (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Oct. 10, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML
PDF (2 of 2)

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$537,886
Expenses
$346,819
Net Income
$191,067
Net Assets
$351,770
Notable Sources of Revenue Percent of Total Revenue
Contributions $537,840
100.0%
Program Services $0
Investment Income $46
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $219,547
63.3%
Assets/Debt
Total Assets $388,279
Total Liabilities $36,509
Net Assets $351,770
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Rev Dr Jay Smith (President &) $0 $0 $0
Klein Gilhousen (Vice Preside) $0 $0 $0
Karen Gilhousen (Director) $0 $0 $0
Rev Russell Strickler (Secretary/Tr) $0 $0 $0
Paul Newby (Director) $0 $0 $0
Rev Dr Charles Revis (Director) $0 $0 $0
Rev Dr John R Franke (Executive Di) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 6, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$524,603
Expenses
$428,946
Net Income
$95,657
Net Assets
$160,703
Notable Sources of Revenue Percent of Total Revenue
Contributions $515,475
98.3%
Program Services $4,200
0.8%
Investment Income $28
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $4,900
0.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $143,088
33.4%
Professional Fundraising Fees $0
Other Salaries and Wages $96,436
22.5%
Assets/Debt
Total Assets $181,947
Total Liabilities $21,244
Net Assets $160,703
Other
Operated a school
Compensation
Key Employees and Officers Compensation Related Other
Rev Dr John R Franke (Executive Di) $99,388 $0 $0
Susan E Mottram Cpa (Chief Fin. O) $31,987 $0 $0
Bruce Gourley (Secretary/Tr) $8,489 $0 $0
Rev Dr Jay Smith (President &) $3,224 $0 $0
Klein Gilhousen (Vice Preside) $0 $0 $0
William Lewis Cpa (Director) $0 $0 $0
Rev Dr Charles Revis (Director) $0 $0 $0
Paul Newby (Director) $0 $0 $0
Rev Russell Strickler (Secretary/Tr) $0 $0 $0
+ View more people

Document Links

990
Filed on Sept. 2, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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