2024-02-12T22:05:26-06:00 2023-06-30 390758449 WIPFLI LLP 170 N RADNOR-CHESTER RD SUITE 200 RADNOR PA 19087 990 2022-07-01 390942763 UNIVERSITY LAKE SCHOOL UNIV 2623676011 4024 NAGAWICKA RD HARTLAND WI 53029 JOHN GRINER PRESIDENT 2623676011 2024-01-29 1 JOHN GRINER 999009999 0 SOLOMON MARDAKHAEV P01806552 6105653930 2024-01-29 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JOHN GRINER 4024 NAGAWICKA RD HARTLAND WI 53029 13972436 0 X WWW.UNIVERSITYLAKE.ORG X 1956 WI UNIVERSITY LAKE SCHOOL IS A COLLEGE PREPARATORY SCHOOL THAT DELIVERS AN INCOMPARABLE EDUCATION DRIVEN BY HIGH STANDARDS AND A UNIQUE APPROACH TO LEARNING. OUR DYNAMIC AND RIGOROUS CURRICULUM CHALLENGES THE WHOLE STUDENT BY INTEGRATING INNOVATIVE ACADEMIC, LEADERSHIP, ATHLETIC, ARTISTIC, AND SERVICE LEARNING EXPERIENCES WITHIN A VIBRANT AND JOYFUL COMMUNITY. WE INSPIRE: INTELLECTUAL CURIOSITY, ORIGINAL THINKING, PERSONAL INTEGRITY, AND CHARACTER THROUGH SERVICE. 13 13 90 320 0 0 2515711 2876582 4523543 4457230 64481 121583 140752 79437 7244487 7534832 1700300 1500001 0 0 3653269 4050023 0 0 542208 1892055 2115752 7245624 7665776 -1137 -130944 11416364 11881656 1444472 2019522 9971892 9862134 X UNIVERSITY LAKE SCHOOL IS A COLLEGE PREPARATORY SCHOOL THAT DELIVERS AN INCOMPARABLE EDUCATION DRIVEN BY HIGH STANDARDS AND A UNIQUE APPROACH TO LEARNING. OUR DYNAMIC AND RIGOROUS CURRICULUM CHALLENGES THE WHOLE STUDENT BY INTEGRATING INNOVATIVE ACADEMIC, LEADERSHIP, ATHLETIC, ARTISTIC, AND SERVICE LEARNING EXPERIENCES WITHIN A VIBRANT AND JOYFUL COMMUNITY. WE INSPIRE: INTELLECTUAL CURIOSITY, ORIGINAL THINKING, PERSONAL INTEGRITY, AND CHARACTER THROUGH SERVICE. 0 0 4016084 0 4410445 INSTRUCTION & STUDENT ACTIVITIES ENCOMPASSES A VAST MAJORITY OF EXPENSES. APPROXIMATELY 260 STUDENTS EXPERIENCE A UNIQUE AND RIGOROUS EDUCATION AT ULS THAT INCLUDES ROBUST ACADEMICS, FINE ARTS, AND ATHLETIC PROGRAMMING ALONG WITH A DEEP CONNECTION TO THE OUTDOORS AND THE GLOBAL COMMUNITY. STUDENTS MATRICULATE ON TO THE NEXT GRADE LEVEL AND EVENTUALLY TO COLLEGE AS WELL PREPARED GLOBAL CITIZENS AND LEADERS. 1500001 1500001 0 FINANCIAL AID AND DISCOUNTS - THE SCHOOL FINANCIAL AID PROGRAM ALLOWS FOR FAMILIES TO MAKE THE INVESTMENT IN THEIR CHILD'S EDUCATION IN A WAY THAT IS MEANINGFUL AND ATTAINABLE FOR THEIR CIRCUMSTANCES. APPROXIMATELY 104 STUDENTS WERE SERVED BY THE FINANCIAL AID PROGRAM. THE PROGRAMS ARE NON-DISCRIMINATORY AND IN FACT ALLOW A BROAD RANGE OF STUDENTS WITH DIVERSE BACKGROUNDS AND EXPERIENCES TO ATTEND ULS. 588714 0 46785 CONSUMABLE EDUCATIONAL MATERIALS, EXPERIENCES, OFF-CAMPUS AND ON-CAMPUS LEADERSHIP EXCURSIONS, FIELD TRIPS, ARTISTIC AND ATHLETIC ITEMS USED BY THE FACULTY AND STUDENTS IN SUPPORT OF THE MISSION. 6104799 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 1 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 14 0 90 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WI X MELISSA BENSON 2623676011 4024 NAGAWICKA RD HARTLAND WI 53029 MELISSA BENSON CHIEF FINANCIAL OFFICER 40.00 X 116185 0 26696 JOHN DEWIS HEAD OF SCHOOL (FROM JULY 2022) 40.00 X 93826 0 16505 ADAM RIX PRESIDENT (THRU JUNE 2023) 5.00 X X 0 0 0 GREG PLOCH TREASURER 1.00 X X 0 0 0 HOLLY MYHRE SECRETARY 1.00 X X 0 0 0 MCKENNA BRYANT TRUSTEE 1.00 X 0 0 0 REBECCA GALLAGHER TRUSTEE (THRU JUNE 2023) 1.00 X 0 0 0 SCOTT GASS TRUSTEE (THRU JUNE 2023) 1.00 X 0 0 0 JOHN GRINER TRUSTEE 1.00 X 0 0 0 ALEX INMAN TRUSTEE 1.00 X 0 0 0 AMY LAMACCHIA TRUSTEE 1.00 X 0 0 0 JOHN O'HORO TRUSTEE 1.00 X 0 0 0 JOAN SHAFER TRUSTEE 1.00 X 0 0 0 MIKE SOLEY JR TRUSTEE 1.00 X 0 0 0 JOHN STARK TRUSTEE (THRU APRIL 2023) 1.00 X 0 0 0 MARGARET TACKES TRUSTEE 1.00 X 0 0 0 210011 0 43201 1 0 0 0 0 226969 1213547 1436066 55809 2876582 TUITION AND FEES 611600 4410445 4410445 ROBOTICS CLUB 611710 13975 13975 BOOSTER CLUB 611710 13303 13303 PARENTS ASSOCIATION REVENUE 611710 7937 7937 SERVICE CLUB 611710 1868 1868 9702 9702 4457230 109279 109279 67788 0 67788 67788 67788 6374906 6362602 12304 12304 12304 11430 226969 75002 -63572 -63572 MISCELLANEOUS INCOME 900099 75221 75221 75221 7534832 4457230 0 201020 1500001 1500001 375466 375466 3058450 2403156 345573 309721 92166 75922 10672 5572 272541 250613 3534 18394 251400 192191 45103 14106 7999 7999 81751 81751 17126 17126 28368 24229 4139 20787 20787 40163 40163 202871 162297 20287 20287 630384 611472 12608 6304 410 410 19349 19349 497660 482730 9953 4977 ACADEMIC ACTIVITIES 320345 320345 PRINTING & MATERIALS 71702 71702 SPECIAL EVENTS 66219 66219 ATHLETICS 53966 53966 56652 52106 4546 7665776 6104799 1018769 542208 37428 58952 2925999 2923329 15054 938359 46355 4965 14312570 9811776 4591396 4500794 3800132 3368166 0 87091 11416364 11881656 468275 821291 976197 1052656 0 58484 0 87091 1444472 2019522 X 4152472 4053975 5819420 5808159 9971892 9862134 11416364 11881656 -130944 21186 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3800132 35599 125634 593219 3368146 3794156 1014376 -523799 484601 3800132 3894156 74179 98170 260238 12111 3794156 3685938 371832 226223 366747 23090 3894156 2660424 871285 265282 100000 11053 3685938 0.41000 0.59000 0.00000 0 0 44903 44903 13212702 9198550 4014152 962558 609916 352642 92407 3310 89097 4500794 LEASE LIABILITY - OPERATING 87091 87091 6038891 21186 -1500001 -1478815 7517706 17126 17126 7534832 6148649 0 6148649 17126 1500001 1517127 7665776 PART V, LINE 4: ENDOWMENT FUNDS ARE USED TO SUPPORT STUDENT SCHOLARSHIPS AND OPERATIONS FOR OUR MOST CRITICAL PROGRAMS. PART XI, LINE 2D - OTHER ADJUSTMENTS: TUITION GRANTS -1,500,001. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION GRANTS 1,500,001. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL PUBLICIZES ITS NONDISCRIMINATORY POLICY IN ALL OF ITS PUBLICATIONS AS WELL AS AN ANNUAL NOTICE IN THE LOCAL NEWSPAPER. SPRING EVENT AUCTION OR FAIRE 238399 226969 11430 35953 4100 18421 792 15736 238399 226969 11430 35953 4100 18421 792 15736 75002 -63572 1 NEEDS BASED FINANCIAL AID 106 1057522 MERIT SCHOLARSHIPS 16 137455 INCENTIVE AWARDS 5 50149 TUITION REMISSION 18 254875 PART I, LINE 2: PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS ALL AWARDS ARE GRANTED TO STUDENTS ATTENDING UNIVERSITY LAKE SCHOOL, AND ARE APPLIED AS A CREDIT TO THE STUDENTS ACCOUNT AT THE SCHOOL. FINANCIAL AID IS AWARDED BY A COMMITTEE. MERIT SCHOLARSHIPS ARE BASED ON THE ACHIEVEMENT OF CRITERIA BY THE STUDENT. INCENTIVE AWARDS ARE QUALIFIED FOR BY PARTICIPATION IN DEFINED PROGRAMS DESIGNED TO IMPROVE ENROLLMENT. 80416 FINANCIAL AID SEE PART V SCHEDULE L, PART III, (E) PURPOSE OF ASSISTANCE: NEED-BASED TUITION ASSISTANCESTUDENTS OF TRUSTEES AND OFFICERS RECEIVING FINANCIAL AID FOLLOW THE SAME NEED-BASED ASSESSMENT AS OTHER STUDENTS RECEIVING FINANCIAL AID AS DESCRIBED ON SCHEDULE I, PART IV. X 1 500 APPRAISAL X 1200 THRIFT SHOP VALUE X 2 9973 SELLING PRICE X 1 850 THRIFT SHOP VALUE X 5 434 FAIR MARKET VALUE X 2 864 FAIR MARKET VALUE X NONCASH PRIZES FOR SPRING EVENT AUCTION OR FAIRE 27 35953 FAIR MARKET VALUE X OTHER 15 5535 THRIFT SHOP VALUE 0 0 0 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS IN PART I, COLUMN (B). FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE AND AUDIT COMMITTEE OF THE BOARD OF TRUSTEES WILL BE PROVIDED A COPY OF THE FORM 990 WITHOUT DONOR INFORMATION IN DRAFT FORM FOR REVIEW. THE COMMITTEE, COMPRISED OF SIX TRUSTEES, HAS RECEIVED FROM THE BOARD DELEGATED AUTHORITY AND RESPONSIBILITY TO ACT IN AN OVERSIGHT ROLE FOR THIS AND ALL TAX FILINGS. UPON ACCEPTANCE BY THE COMMITTEE, A COPY WILL BE PROVIDED TO THE BOARD OF TRUSTEES TO REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ENFORCEMENT OF CONFLICTS POLICY OFFICERS, DIRECTORS AND TRUSTEES ARE REQUIRED TO DISCLOSE ANY CONFLICTS AT THE BEGINNING OF THE YEAR. THE BUSINESS OFFICE THEN MONITORS TRANSACTION RELATIVE TO THE DISCLOSED INFORMATION. WHEN A CONFLICT BECOME KNOWN THE BOARD IS INFORMED OF THE CONFLICT AND THE PERSON IS EXCUSED FROM THE DISCUSSION AND DECISION. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION PROCESS FOR TOP OFFICIAL THE COMPENSATION FOR THE HEAD OF SCHOOL, ASSOCIATE HEAD OF SCHOOL AND HEAD OF ADMINISTRATION IS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. IN DETERMINING THIS COMPENSATION, THE COMMITTEE EVALUATES COMPARABLE LOCAL AND NATIONAL DATA. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE DOCUMENTS NOT REQUIRED BY LAW (I.E. GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS) AVAILABLE TO THE PUBLIC.