2024-04-16T20:12:30-05:00 2023-06-30 390859910 BAKER TILLY US LLP 18500 VON KARMAN AVE 10TH FLOOR IRVINE CA 92612 990 2022-07-01 910161095 THE BUSH SCHOOL BUSH 2063227978 3400 E HARRISON STREET SEATTLE WA 98112 PERCY ABRAM HEAD OF SCHOOL 2063227978 2024-04-16 1 PERCY ABRAM 999009999 0 BRIAN YACKER P00401346 9492222999 2024-04-16 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z PERCY ABRAM 3400 E HARRISON STREET SEATTLE WA 98112 52066149 0 X WWW.BUSH.EDU X 1931 WA TO SPARK IN STUDENTS OF DIVERSE BACKGROUNDS AND TALENTS A PASSION FOR LEARNING, ACCOMPLISHMENT, AND CONTRIBUTION TO THEIR COMMUNITIES. 24 24 290 315 0 0 4066891 4227079 27771913 29642744 628081 1047597 -2834 10003 32464051 34927423 4602921 4972284 0 0 15945059 17915576 0 0 1183257 7689758 9842321 28237738 32730181 4226313 2197242 88249884 104256992 23084078 35024790 65165806 69232202 X THE BUSH SCHOOL HAS BEEN IN EXISTENCE SINCE 1924. IT IS AN ACCREDITED INDEPENDENT SCHOOL THAT PROVIDES INNOVATIVE AND EXPERIENTIAL INSTRUCTION TO CHILDREN FROM KINDERGARTEN THROUGH TWELFTH GRADE. IT HAS THREE DIVISIONS THAT ARE ORGANIZED AROUND THE DEVELOPMENT MILESTONES REACHED DURING EARLY CHILDHOOD, YOUNG ADOLESCENCE AND EMERGING ADULTHOOD. THE LOWER SCHOOL SPANS GRADES KINDERGARTEN THROUGH FIVE, THE MIDDLE SCHOOL SERVES GRADES SIX THROUGH EIGHT, AND THE UPPER SCHOOL EDUCATES GRADES NINE THROUGH TWELVE. 0 0 24693313 4972284 27864674 THE BUSH SCHOOL PROVIDES INNOVATIVE EXPERIENTIAL EDUCATION TO 707 STUDENTS FROM KINDERGARTEN THROUGH TWELFTH GRADE. BUSH PREPARES STUDENTS FOR A LIFETIME OF LEARNING, FOCUSING ON DIRECT EXPERIENCES, COLLABORATION, AND CONTRIBUTION TO OUR LOCAL, NATIONAL, AND INTERNATIONAL COMMUNITIES. THE BUSH SCHOOL IS ACCREDITED BY THE NORTHWEST ASSOCIATION OF INDEPENDENT SCHOOLS, NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS, THE NORTHWEST ACCREDITATION COMMISSION, AND THE STATE OF WASHINGTON. 1500206 1758627 AUXILIARY PROGRAM REVENUE INCLUDES INCOME FROM OUR EXTENDED DAY AND SUMMER PROGRAMS. AUXILIARY EXPENSES ARE FOR THE SAME PROGRAMS. 26193519 1 1 0 0 0 0 1 0 1 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 78 0 1 290 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 24 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AK CO MD MI NH PA SC UT WA X THE ORGANIZATION 2063227978 3400 E HARRISON STREET SEATTLE WA 98112 PERCY ABRAM HEAD OF SCHOOL 40.00 X 447215 0 51965 POLLY FREDLUND AHOS FOR COMMUNITY ENGAGEMENT 40.00 X 210343 0 27465 SHARON HURT DIRECTOR OF DEV. & STRATEGIC INIT. 40.00 X 186452 0 20422 SARAH SMITH AHOS FOR ACADEMICS 40.00 X 188932 0 11309 MATTHEW LAI DIRECTOR OF UPPER SCHOOL 40.00 X 181822 0 11123 JO ITO DIRECTOR OF ATHLETICS 40.00 X 147434 0 22305 SHAWNA SKJONSBERG-FOTOPOULOS DIRECTOR OF HUMAN RESOURCES 40.00 X 154564 0 14173 JOSE LEONOR DIRECTOR OF MIDDLE SCHOOL 40.00 X 147982 0 8733 ADAM CHOICE DIRECTOR OF ADMISSIONS/FINANCIAL AID 40.00 X 136074 0 14405 ALIYA VIRANI DIRECTOR OF LOWER SCHOOL 40.00 X 140327 0 7003 RATHER STANTON CHIEF FINANCIAL & OPERATIONS OFFICER 40.00 X 130155 0 2789 LISA CARROLL PRESIDENT, CHAIR, OVER. TASK FORCE 10.00 X X 0 0 0 SALONE HABIBUDDIN VICE PRESIDENT 10.00 X X 0 0 0 QUENTIN STREETS CHAIR, DIVERSITY, EQ., & INC. COMM. 10.00 X X 0 0 0 JULIE OKERSTROM CHAIR, DEVELOPMENT COMMITTEE 10.00 X X 0 0 0 ALLISON HARR CHAIR, GOVERNANCE COMMITTEE 10.00 X X 0 0 0 KEVIN BAKER CHAIR, INVESTMENT COMMITTEE 10.00 X X 0 0 0 EMILY ALHADEFF CO CHAIR - CENT. CELEBRATION TF 10.00 X X 0 0 0 CHRIS CHICKADEL CO-CHAIR, CENT. CELEBRATION TF 10.00 X X 0 0 0 KATHY O'KELLEY CO-CHAIR, CAMPUS DESIGN & DEV. TF 10.00 X X 0 0 0 JUDI YATES CO-CHAIR, CAMPUS DESIGN & DEV. TF 10.00 X X 0 0 0 AMY FERNANDES CO-TREASURER, CO-CHAIR, FINANCE COMM 10.00 X X 0 0 0 ATUL BALI CO-TREASURER, CO-CHAIR, FINANCE COMM 10.00 X X 0 0 0 KARIM LESSARD SECRETARY 10.00 X X 0 0 0 STEVE BANKS TRUSTEE 10.00 X 0 0 0 MANEESH BATRA TRUSTEE 10.00 X 0 0 0 CRAIGE BLACKMORE TRUSTEE 10.00 X 0 0 0 STEVEN CAPLOW TRUSTEE 10.00 X 0 0 0 IRENE FISHER TRUSTEE 10.00 X 0 0 0 GEOFF HARRIS TRUSTEE 10.00 X 0 0 0 PATRICIA PATTI HEARN TRUSTEE 10.00 X 0 0 0 DANIEL PAK TRUSTEE 10.00 X 0 0 0 JENNIFER SCHORSCH TRUSTEE 10.00 X 0 0 0 OMAR SHAHINE TRUSTEE 10.00 X 0 0 0 IAN SANDS TRUSTEE 10.00 X 0 0 0 2071300 0 191692 21 0 1 0 RAFN COMPANY 1721 132ND AVE NE BELLEVUE WA 98005 GRACEMONT CONSTRUCTION 3045130 BLOOM PROJECTS LLC 117 EAST LOUISA STREET SEATTLE WA 98102 CONSTRUCTION PROJECT MANAGEMENT 328581 US BANK PO BOX 790408 ST LOUIS MO 63179 BANKING 182836 3 500409 3726670 222594 4227079 TUITION AND FEES 900099 27864674 27864674 AUXILIARY 900099 1778070 1778070 29642744 902178 902178 37210 15600 21610 21610 21610 17127053 3362 16984996 0 142057 3362 145419 145419 104747 500409 101007 3740 3740 17680 37123 -19443 -19443 REBATES 900099 4096 4096 4096 34927423 29623301 0 1077043 4972284 4972284 1527768 1163827 293842 70099 13214463 10157690 2427013 629760 692127 506412 159314 26401 1334837 979991 303084 51762 1146381 842590 259082 44709 47177 47177 152330 9136 128675 14519 7290 7290 906001 236411 610149 59441 490046 412521 60244 17281 863388 346585 516030 773 55332 32587 22745 70317 70317 314550 252322 62228 1920474 1766836 153638 489513 390018 95517 3978 EDUCATIONAL SUPPLIES 2292588 2292588 AUXILIARY 1522081 1522081 DEVELOPMENT 256973 256973 RECRUITING 129637 102578 27059 324624 207062 110001 7561 32730181 26193519 5353405 1183257 4543614 5259938 11203336 8762933 988238 1486295 166967 2637903 490135 651039 80893491 22789423 46009552 58104068 24848042 27354816 88249884 104256992 1418555 1846015 7426575 10474190 13435404 22196425 63922 60065 739622 448095 23084078 35024790 X 47764952 53089140 17400854 16143062 65165806 69232202 88249884 104256992 2197242 1869154 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 14.50 0 0 0 1 1 250.00 5000 0 1 X 23588752 468320 2478399 432000 26103471 26583817 151897 -2735962 411000 23588752 21558257 313407 4712153 26583817 20724641 132859 700777 21558277 19820405 90185 828051 14000 20724641 0.39170 0.46940 0.13890 0 0 871248 871248 60878871 20286256 40592615 1985066 1528068 456998 17158306 975099 16183207 58104068 CONSTRUCTION RETAINAGE 448095 448095 X 31829839 1869154 -4972284 -3103130 34932969 47177 -52723 -5546 34927423 27763443 52723 52723 27710720 47177 4972284 5019461 32730181 PART IV, LINE 2B: THE SCHOOL HOLDS FUNDS ON BEHALF OF THE VARIOUS STUDENT BODY ACTIVITIES. THESE FUNDS ARE KEPT IN SEPARATE ACCOUNTS AND ARE RECORDED ON THE BALANCE SHEET FOR BUSH SCHOOL AS A LIABILITY. PART V, LINE 4: THE SCHOOL USES EARNINGS ON UNRESTRICTED ENDOWMENT FUNDS IN OPERATIONS WHILE EARNINGS ON RESTRICTED ENDOWMENT FUNDS ARE USED IN ACCORDANCE WITH THE INTENT OF THE DONORS, WHICH INCLUDE SCHOLARSHIPS AND OTHER EDUCATIONAL PROGRAM RELATED ACTIVITIES, TECHNOLOGY AND FACULTY COMPENSATION. PART X, LINE 2: THE SCHOOL IS A NONPROFIT CORPORATION EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, LAND AND BUILDINGS USED IN THE SCHOOL'S OPERATIONS ARE EXEMPT FROM WASHINGTON STATE PROPERTY TAXES. THE SCHOOL EVALUATES ITS UNCERTAIN TAX POSITIONS AND A LOSS CONTINGENCY IS RECOGNIZED WHEN IT IS MORE LIKELY THAN NOT THAT A LIABILITY HAS BEEN INCURRED BY THE SCHOOL AS OF THE DATE OF THE FINANCIAL STATEMENTS AND THE AMOUNT CAN BE REASONABLY ESTIMATED. PART XI, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIPS -4,972,284. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -37,123. RENTAL EXPENSE -15,600. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 37,123. RENTAL EXPENSE 15,600. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 4,972,284. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 ANNUALLY, THE BUSH SCHOOL PUBLISHES ITS NONDISCRIMINATORY POLICY IN SEVERAL NEWSPAPERS. THERE IS ALSO A MORE COMPREHENSIVE DISCUSSION ON THE SCHOOL'S WEBSITE OF ITS DIVERSITY PLAN THAT REINFORCES ITS NONDISCRIMINATORY POLICY. CELEBRATE BUSH 605156 500409 104747 2000 29570 50788 2889 15760 605156 500409 104747 2000 29570 50788 2889 15760 101007 3740 1 FINANCIAL AID 156 4972284 PART I, LINE 2: THE BUSH SCHOOL AWARDS FINANCIAL AID TO THOSE STUDENTS WHOSE FAMILIES DEMONSTRATE FINANCIAL NEED. THIS IS ACCOMPLISHED THROUGH THE COMPLETION OF THE SCHOOL AND STUDENT SERVICE FINANCIAL AID FORMS. ALL FAMILIES PAY AT LEAST A MINIMUM TUITION. GRANTS AT THE BUSH SCHOOL AVERAGE ABOUT 72% OF THE COST OF TUITION. THE FINANCIAL AID COMMITTEE MAKES EVERY ATTEMPT TO GRANT AS MUCH AS POSSIBLE OF THE DIFFERENCE BETWEEN THE AMOUNT A FAMILY CAN PAY AND THE ACTUAL COST OF ATTENDANCE. APPROXIMATELY 23% OF THE STUDENT BODY RECEIVES AID, AND THE SCHOOL HAS AN ONGOING COMMITMENT TO SIGNIFICANTLY INCREASE THIS NUMBER. STUDENTS OF ALL GRADE LEVELS ARE ELIGIBLE FOR CONSIDERATION, AND ALL GRANTS ARE KEPT CONFIDENTIAL AND FILED SEPARATELY FROM STUDENT RECORDS. APPLICATION FOR FINANCIAL AID IS CONSIDERED SEPARATELY FROM A STUDENT'S ADMISSION APPLICATION TO THE SCHOOL. X X X X 0 0 0 0 0 0 0 0 0 PERCY ABRAM HEAD OF SCHOOL 334062 0 113153 0 0 0 30500 0 21465 0 499180 0 0 0 POLLY FREDLUND AHOS FOR COMMUNITY ENGAGEMENT 210185 0 158 0 0 0 21006 0 6459 0 237808 0 0 0 SHARON HURT DIRECTOR OF DEV. & STRATEGIC INIT. 186294 0 158 0 0 0 13963 0 6459 0 206874 0 0 0 SARAH SMITH AHOS FOR ACADEMICS 188774 0 158 0 0 0 4850 0 6459 0 200241 0 0 0 MATTHEW LAI DIRECTOR OF UPPER SCHOOL 181664 0 158 0 0 0 4664 0 6459 0 192945 0 0 0 JO ITO DIRECTOR OF ATHLETICS 147276 0 158 0 0 0 14688 0 7617 0 169739 0 0 0 SHAWNA SKJONSBERG-FOTOPOULOS DIRECTOR OF HUMAN RESOURCES 154406 0 158 0 0 0 7714 0 6459 0 168737 0 0 0 JOSE LEONOR DIRECTOR OF MIDDLE SCHOOL 147824 0 158 0 0 0 2274 0 6459 0 156715 0 0 0 ADAM CHOICE DIRECTOR OF ADMISSIONS/FINANCIAL AID 135916 0 158 0 0 0 6788 0 7617 0 150479 0 0 0 A WASHINGTON STATE HOUSING FINANCE COMMISSION 910698646 2020-09-29 20000000 TO PROVIDE FUNDS FOR CAPITAL IMPROVEMENT 0 0 0 B WASHINGTON STATE HOUSING FINANCE COMMISISON 910698646 2020-09-29 2500000 TO PROVIDE FUNDS FOR CAPITAL IMPROVEMENT 0 0 0 A 20000000 20000000 0 0 0 1 B 2500000 2500000 0 0 0 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 A 0 0 0 0 0 0 0 0 0 B 0 0 0 0 1 0 0 0 0 A 1 B 0 X 25 FMV X 20 211846 FMV X 6 6988 FMV X EVENT TICKETS 4 3505 FMV X SCHOOL SUPPLIES 2 230 FMV 0 1 0 PART I, COLUMN (B): NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION B, LINE 11B THE ASSISTANT HEAD OF FINANCE AND OPERATIONS AND THE CONTROLLER PERFORM A DETAILED REVIEW OF THE FORM 990. A DRAFT OF THE FORM 990 IS THEN POSTED TO THE SCHOOL'S SECURE WEBSITE AND THE BOARD OF TRUSTEES ARE NOTIFIED OF ITS AVAILABILITY FOR REVIEW AND COMMENTS PRIOR TO FILING THE RETURN WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF TRUSTEES, VARIOUS COMMITTEES SUPPORTING THE BOARD, AND MEMBERS OF THE ADMINISTRATIVE GROUP CONFIRM IN WRITING THAT THEY DO NOT HAVE CONFLICTS OF INTEREST. IN ADDITION, THE SCHOOL'S POLICY, PROCEDURES AND PRACTICES HANDBOOK INCLUDES A PROVISION MANDATING THAT FACULTY AND STAFF SHOULD EXERCISE UTMOST GOOD FAITH IN ALL TRANSACTIONS RELATING TO THE SCHOOL AND AVOID CONFLICTS OF INTEREST. IF A CONFLICT IS DISCLOSED, THE INDIVIDUAL WITH THE CONFLICT WILL RECUSE THEMSELVES FROM DISCUSSIONS ASSOCIATED WITH SUCH CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE, CONSISTING OF SOME MEMBERS OF THE BOARD OF TRUSTEES, REVIEWS THE COMPENSATION OF THE HEAD OF SCHOOL USING BENCHMARK INFORMATION FROM COMPARABLE SCHOOLS. THE LAST REVIEW WAS PERFORMED IN MAY 2022. THE HEAD OF SCHOOL REVIEWS THE COMPENSATION FOR THE ASSISTANT HEAD FOR FINANCE AND OPERATIONS AND THE DIRECTOR OF DEVELOPMENT AS WELL AS OTHER MEMBERS OF THE ADMINISTRATIVE GROUP AND SIGNS THEIR EMPLOYMENT AGREEMENTS. FORM 990, PART VI, SECTION C, LINE 19 THE BUSH SCHOOL PROVIDES A COPY OF ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY TO THE PUBLIC UPON REQUEST. IT ALSO PROVIDES AN ELECTRONIC LINK TO THE ANNUAL REPORT, WHICH INCLUDES FINANCIAL INFORMATION, TO FACULTY, STAFF, STUDENTS AND THEIR FAMILIES, AND ALUMNI. FORM 990, PART XII, LINE 2C: THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.