2026-05-15T01:07:37-05:00 2025-06-30 831356013 CATALYST FAMILY OFFICE LLC 5113 SOUTHWEST PARKWAY SUITE 275 AUSTIN TX 78735 990 2024-07-01 920742101 THE FOUNDATION THEF 7372356956 PO BOX 341886 AUSTIN TX 78734 JARED BIRCHALL PRESIDENT 7372356956 2026-05-15 1 1 RONALD F GONG P00191544 3258993143 2024 2025-03-06 01:10:19Z THE X FOUNDATION JARED BIRCHALL PO BOX 341886 AUSTIN TX 78734 409236759 0 X WWW.ADASTRASCHOOL.ORG X 2021 DE TO CREATE SCHOOLS DEDICATED TO STEM EDUCATION AT THE HIGHEST LEVELS. 4 4 3 0 0 0 137075943 407320337 0 85100 1182507 1831322 0 0 138258450 409236759 0 0 0 0 0 184264 0 0 0 85557 583315 85557 767579 138172893 408469180 269949761 779814664 3989 11239 269945772 779803425 THE FOUNDATION'S MISSION IS TO OPERATE AN INDEPENDENT PRIMARY AND SECONDARY SCHOOL AND, ULTIMATELY, CREATE A UNIVERSITY DEDICATED TO EDUCATION AT THE HIGHEST LEVEL. 0 0 648773 85100 THE FOUNDATION OPERATES AN UPPER AND LOWER ELEMENTARY SCHOOL IN BASTROP, TEXAS FOCUSED ON TEACHING STEM SUBJECTS AND OTHER RELATED TOPICS. THE SCHOOL'S PRIMARY FUNCTION IS FORMAL INSTRUCTION AND CURRICULUM BY A REGULAR FACULTY TO A REGULARLY ENROLLED STUDENT BODY IN BASTROP, TEXAS. DISTANCE LEARNERS MAY BE INCLUDED IN THE FUTURE. THE SCHOOL'S PROJECTED CAPACITY IS APPROXIMATELY 54 STUDENTS, AND IT PLANS TO EXPAND BASED ON THE NEEDS OF THE LOCAL COMMUNITY AND ON A TIMELINE THAT PROVIDES FOR QUALITY EDUCATION AND OVERALL EXPERIENCE. 648773 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 1 4 0 3 1 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 X THE ORGANIZATION 7372356956 PO BOX 341886 AUSTIN TX 78734 X JARED BIRCHALL PRESIDENT 1.00 X X 0 0 0 RONALD GONG SECRETARY 1.00 X X 0 0 0 TERESA HOLLAND TREASURER 1.00 X X 0 0 0 STEVEN CHIDESTER TRUSTEE 1.00 X 0 0 0 0 0 0 0 0 0 0 JA DEVELOPMENT AND CONSTR LLC 2400 SAN MIGUEL MISSION TX 78572 CONSTRUCTION 292217 MCGARY CONSTRUCTION LLC 2766 HWY 304 SMITHVILLE TX 78957 CONSTRUCTION 157297 XPLOR EDUCATION INC 700 EAST BIRCH STREET SUITE 363 BREA CA 92822 EDUCATION CONSULTING 111429 WITHERS BERGMAN LLP 157 CHURCH STREET 12TH FLOOR NEW HAVEN CT 06510 LEGAL SERVICES 100583 4 407320337 407320337 407320337 TUITION INCOME 611600 85100 85100 85100 1831322 1831322 409236759 85100 0 1831322 X 108794 108794 66508 66508 8962 8962 83382 9415 73967 36970 36970 526 526 2285 2285 335181 331032 4149 14024 14024 SECURITY EXPENSE 66184 66184 TEACHING SUPPLIES 13411 13411 JANITORIAL SERVICES 8271 8271 REPAIRS & MAINTENANCE 6678 6678 16403 13209 3194 767579 648773 118806 0 40683288 41254822 3000 5672 5772043 316381 5047479 5455662 223896471 732605281 319523 493227 269949761 779814664 3989 0 0 11239 3989 11239 X 0 0 0 0 269945772 779803425 269945772 779803425 269949761 779814664 408469180 101388473 0 X 0 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1732367 1732367 3413079 40111 3372968 42513 22107 20406 584084 254163 329921 5455662 2,306,256 SHARES OF TESLA INC. 732605281 F 732605281 401K PAYABLE 44 PREPAID TUITION 6300 TUITION REFUND PAYABLE 3000 ACCRUED EXPENSES - CREDIT CARDS 1895 11239 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE FOUNDATION DISPLAYS A NOTICE OF ITS RACIALLY NONDISCRIMINATORY POLICY ON ITS PRIMARY PUBLICLY ACCESSIBLE INTERNET WEBPAGE AT ALL TIMES IN A MANNER REASONABLY EXPECTED TO BE NOTICED BY VISITORS TO THE SCHOOL WEBSITE: WWW.ADASTRASCHOOL.ORG SCHEDULE E, PART I, LINE 4B: N/A - THE FOUNDATION DID NOT OFFER OR GRANT SCHOLARSHIPS OR FINANCIAL ASSISTANCE TO ANY STUDENT DURING THE YEAR. AS SUCH, THE FOUNDATION DID NOT KEEP RECORDS RELATING TO SCHOLARSHIPS OR DIRECT FINANCIAL ASSISTANCE. X 1174780 407320337 AVERAGE OF HIGH/LOW 0 0 0 PART I, COLUMN (B): THE FOUNDATION RECEIVED 1,174,780 SHARES OF TESLA INC. STOCK. FORM 990, PART VI, SECTION A, LINE 2 TWO OF THE TRUSTEES ARE BUSINESS PARTNERS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY THE SCHOOL'S ACCOUNTANT AND REVIEWED BY THE BOARD. AT THIS TIME, THE FORM 990 WAS REVIEWED IN DETAIL AND APPROVED FOR SUBMISSION TO THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C EACH TRUSTEE AND OFFICER HAS SIGNED A STATEMENT AFFIRMING THAT HE/SHE HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, HAS AGREED TO COMPLY WITH SUCH POLICY, AND AGREES THAT THE ORGANIZATION MAY ONLY ENGAGE IN ACTIVITIES THAT ACCOMPLISH ONE OR MORE OF ITS EXEMPT PURPOSES. THEREBY, EACH TRUSTEE AND OFFICER HAS ACKNOWLEDGED A DUTY TO DISCLOSE ACTUAL OR POTENTIAL CONFLICTS OF INTEREST AS THEY ARISE. THE SCHOOL REGULARLY AND CONSISTENTLY MONITORS TO DETERMINE WHETHER ANY SUCH ACTUAL OR POTENTIAL CONFLICTS OF INTEREST ARE DISCLOSED OR EXIST. FORM 990, PART VI, SECTION B, LINE 15 THE FOUNDATION CURRENTLY HAS NO COMPENSATED OFFICERS, TRUSTEES, OR KEY EMPLOYEES. IF AND WHEN THE FOUNDATION COMPENSATES ITS OFFICERS, TRUSTEES, OR KEY EMPLOYEES, ANY SUCH COMPENSATION DECISION WILL BE MADE BY INDEPENDENT PERSONS, USING COMPARABILITY DATA, WITH CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES AVAILABLE TO THE PUBLIC UPON REQUEST THE FOLLOWING GOVERNING DOCUMENTS: - INTERNAL REVENUE SERVICE TAX DETERMINATION LETTER - FILED FORM 1023 - FILED FORM 990 FOR THE THREE MOST RECENT FISCAL YEARS FORM 990, PART X , LINE 14: THE FOUNDATION HAS ELECTED TO CAPITALIZE START-UP EXPENDITURES UNDER IRC SECTION 195 RELATED TO THE ESTABLISHMENT OF SCHOOL OPERATIONS, INCURRED DURING THE FOLLOWING TAX YEARS: JUNE 30, 2023: $81,310 JUNE 30, 2024: $238,213 JUNE 30, 2025: $179,504 TOTAL: $499,027 SECTION 1.263(A)-1(F) DE MINIMIS SAFE HARBOR ELECTION FOR THE FISCAL YEAR ENDING JUNE 30, 2025 THE FOUNDATION IS MAKING THE DE MINIMIS SAFE HARBOR ELECTION UNDER REG. SEC. 1.263(A)-1(F). BSP 2023 LLC PO BOX 341886 AUSTIN TX 78734 923110785 REAL ESTATE HOLDING TX 5573454 THE FOUNDATION AD ASTRA SCHOOL LLC PO BOX 341886 AUSTIN TX 78734 934121814 EDUCATIONAL OPERATIONS TX 85100 640474 THE FOUNDATION