2024-04-25T11:35:46-05:00 2023-06-30 911194016 CLARK NUBER PS 10900 NE 4TH STREET SUITE 1400 BELLEVUE WA 98004 990 2022-07-01 910974344 UNIVERSITY PREPARATORY ACADEMY UNIV 2065252714 8000 25TH AVENUE NE SEATTLE WA 98115 SUSAN LANSVERK ASST. HEAD FOR FIN. & OP. 2065252714 2024-04-24 1 SUSAN LANSVERK 999009999 0 SARA ELIZABETH H JONES P00235495 4254544919 2024-04-24 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z RONNIE CODRINGTON-CAZEAU 8000 25TH AVENUE NE SEATTLE WA 98115 31397030 0 X WWW.UNIVERSITYPREP.ORG X 1976 WA INDEPENDENT SCHOOL PROVIDING PRIVATE EDUCATION TO STUDENTS GRADES 6 THROUGH 12 FOUNDED 1976. 22 22 302 150 0 0 11225549 3357094 24738948 26341572 726575 1681980 -74675 -80627 36616397 31300019 3750893 4023625 0 0 14796119 15705944 0 0 921320 6263566 6120384 24810578 25849953 11805819 5450066 111654296 144192889 40013581 65768471 71640715 78424418 UNIVERSITY PREPARATORY ACADEMY IS COMMITTED TO DEVELOPING EACH STUDENT'S POTENTIAL TO BECOME AN INTELLECTUALLY COURAGEOUS AND SOCIALLY RESPONSIBLE CITIZEN OF THE WORLD. 0 0 21638713 4023625 26341572 INDEPENDENT SCHOOL PROVIDING PRIVATE EDUCATION TO STUDENTS GRADES 6 THROUGH 12. ACCREDITED WITH NORTHWEST ASSOCIATION OF INDEPENDENT SCHOOLS AND THE STATE OF WASHINGTON. COMMITTED TO DEVELOPING EACH STUDENT'S POTENTIAL TO BECOME AN INTELLECTUALLY COURAGEOUS AND SOCIALLY RESPONSIBLE CITIZEN OF THE WORLD. 21638713 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 1 0 1 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 74 0 302 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 1 1 0 X SUSAN LANSVERK 2068321103 8000 25TH AVENUE NE SEATTLE WA 98115 X JENNIFER ZELL PRESIDENT 2.00 X X 0 0 0 SCOTLAND NASH VICE PRESIDENT 4.00 X X 0 0 0 NINEVAH LOWERY SECRETARY 4.00 X X 0 0 0 JARRAD HARFORD TREASURER 4.00 X X 0 0 0 URSULA PHELAN PGA PRESIDENT 4.00 X 0 0 0 RICHARD ANDERSON TRUSTEE 2.00 X 0 0 0 JULI COOK TRUSTEE 2.00 X 0 0 0 ELIZABETH FRANKLIN TRUSTEE 2.00 X 0 0 0 MICHELLE GOLDBERG TRUSTEE 2.00 X 0 0 0 PATRICIA LANDY RETIRED FACULTY/TRUSTEE 2.00 X 0 0 0 SUJAL PATEL TRUSTEE 2.00 X 0 0 0 TIMOTHY RICHEY TRUSTEE 2.00 X 0 0 0 ANDREW SELBY TRUSTEE 2.00 X 0 0 0 ANDREA THORESON TRUSTEE 2.00 X 0 0 0 MANDIRA VIRMANI TRUSTEE 2.00 X 0 0 0 STEVE DE BEER TRUSTEE 2.00 X 0 0 0 TERRY FROGGATT RETIRED FACULTY/TRUSTEE 2.00 X 0 0 0 QUYEN HAMILTON TRUSTEE 2.00 X 0 0 0 VAN KATZMAN TRUSTEE 2.00 X 0 0 0 RUSSELL NORMANN TRUSTEE 2.00 X 0 0 0 DANIELLE RUTHFIELD TRUSTEE 2.00 X 0 0 0 BLAKE TITCOMB TRUSTEE 2.00 X 0 0 0 JEREMY WACKSMAN TRUSTEE 2.00 X 0 0 0 CHRISTINA ZEMBRUSKI FACULTY/TRUSTEE 45.00 X 80648 0 14668 RONNIE CODRINGTON-CAZEAU HEAD OF SCHOOL 60.00 X 441377 0 30083 SUSAN LANSVERK ASST. HEAD FOR FIN. & OP. 50.00 X 285739 0 29025 JOEL SOHN DIRECTOR OF UPPER SCHOOL 50.00 X 176718 0 21393 SUSIE WU DIRECTOR OF MIDDLE SCHOOL 50.00 X 166195 0 20656 KELLY HERRINGTON DIRECTOR OF COLLEGE COUNSELING 50.00 X 165458 0 20605 REBECCA MOE DIRECTOR OF ATHLETICS 50.00 X 133820 0 18390 AMY SPIVEY DIRECTOR OF INFORMATION TECHNOLOGY 50.00 X 132581 0 18304 MARY BETH LAMBERT DIRECTOR OF COMMUNICATIONS 50.00 X 136750 0 10210 PATRICK MCAULIFFE CONTROLLER 50.00 X 125026 0 17775 1844312 0 201109 21 0 1 0 SKANSKA USA BUILDING INC 221 YALE AVE N SUITE 400 SEATTLE WA 98109 GENERAL CONTRACTOR 5631488 MITHUN INC PIER 56 1201 ALASKAN WAY 200 SEATTLE WA 98101 ARCHITECT 418429 VENTURE GENERAL CONTRACTING 1518 1ST AVE S SEATTLE WA 98134 GENERAL CONTRACTOR 331315 MARTY K INC 720 N 10TH STREET A-334 RENTON WA 98057 JANITORIAL 212915 CARNEY SANDOE & ASSOCIATES INC 5070 HIGHWAY A1A SUITE 260 VERO BEACH FL 32963 EMPLOYEE RECRUITMENT 190396 9 770826 141320 2444948 53500 3357094 TUITION AND FEES 611110 26214772 26214772 FORFEITED DEPOSITS 611110 89570 89570 APPLICATION FEES 611110 37230 37230 26341572 1682739 1682739 759 -759 -759 -759 15625 770826 96252 -80627 -80627 31300019 26341572 0 1601353 4023625 4023625 1482960 709130 683513 90317 11312151 9648896 1267424 395831 604920 505875 74369 24676 1275300 1016219 207226 51855 1030613 834312 154352 41949 20049 20049 66375 66375 68859 68859 234971 50349 176699 7923 63690 53965 6539 3186 1596127 1390461 74156 131510 1082006 916804 111081 54121 97863 97120 711 32 302596 231619 63599 7378 1594396 1350961 163684 79751 STUDENT ACTIVITIES 385925 362675 2095 21155 BUS PASSES 209804 209804 DUES 158750 116821 40480 1449 STRATEGIC PLANNING 85651 72574 8793 4284 153322 47503 99916 5903 25849953 21638713 3289920 921320 15905484 2977134 16280741 26014237 8562601 3652722 15773388 17693167 400364 352245 81629140 24589089 36000998 57040051 17013222 35702698 1576030 612156 141468 148479 111654296 144192889 2896318 7959433 22179889 24963677 0 32443706 14458336 0 479038 401655 40013581 65768471 X 54291577 61267182 17349138 17157236 71640715 78424418 111654296 144192889 X 5450066 1733637 -400000 X 0 1 X 1 0 X 4154612 3872385 4954407 11225549 3357094 27564047 4154612 3872385 4954407 11225549 3357094 27564047 5515615 22048432 742723 760306 545902 727838 1682739 4459508 6620 6620 32030175 117731770 0.68840 0.69730 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: REIMBURSEMENT - 2021 AMOUNT: $ 6,544. MISCELLANEOUS - 2021 AMOUNT: $ 76. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13393340 748438 1202150 307562 196719 14839647 14271791 902405 -1320263 351416 109177 13393340 10859232 1101277 2832052 302701 218069 14271791 11241936 45288 68814 278209 218597 10859232 10646164 473853 556501 257370 177212 11241936 0.07530 0.92470 0.00000 0 0 329072 329072 38521233 22656690 15864543 2565804 1932399 633405 40213031 40213031 57040051 DEFERRED POST RETIREMENT BENEFITS 253178 RETIREMENT ANNUITY PAYABLE 148477 401655 29038183 1733637 -4023625 -2289988 31328171 68859 -97011 -28152 31300019 22254480 497011 497011 21757469 68859 4023625 4092484 25849953 PART V, LINE 4: THE FUNDS ARE USED ACCORDING TO THE ENDOWMENT SPENDING POLICY. THE PERMANENTLY RESTRICTED ENDOWMENTS HAVE SPECIFIC PURPOSES THEY WERE GIVEN FOR BY DONORS: FINANCIAL AID, PROFESSIONAL DEVELOPMENT, AND UNRESTRICTED USE AMONGST OTHERS. THE UNRESTRICTED FUNDS SUPPORT THE GENERAL OPERATING BUDGET. OUR MOST RECENT ENDOWMENT CAMPAIGN IS FUNDING THE 40TH ANNIVERSARY ENDOWED FINANCIAL AID FUND. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID EXPENSE REPORTED ON PART IX -4,023,625. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES NETTED AGAINST REVENUE -96,252. LOSS ON DISPOSAL NETTED AGAINST REVENUE -759. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES NETTED AGAINST REVENUE 96,252. LOSS ON DISPOSAL NETTED AGAINST REVENUE 759. LOSS ON PRIOR YEAR PLEDGE WRITE-OFF 400,000. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID EXPENSE REPORTED ON PART IX 4,023,625. 1 1 1 1 1 1 1 0 0 0 1 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 OUR RACIALLY NONDISCRIMINATORY POLICY WAS POSTED ON OUR PUBLICALLY ACCESSIBLE INTERNET HOMEPAGE AT ALL TIMES DURING THE TAXABLE YEAR IN A MANNER REASONABLY EXPECTED TO BE NOTICED BY VISITORS TO THE HOMEPAGE. SCHEDULE E, PART I, LINE 5 WE AWARD SEVERAL NEED-BASED SCHOLARSHIPS TO STUDENTS WHO PARTICIPATE IN THE RAINIER SCHOLARS, A PROGRAM THAT SERVES ONLY STUDENTS OF COLOR. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVED A GRANT FROM THE U.S. DEPARTMENT OF EDUCATION THROUGH THE EMERGENCY ASSISTANCE TO NON-PUBLIC SCHOOLS PROGRAM. CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES STUDENT TRAVEL/HOME STAY IN REGION 12171 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES STUDENT TRAVEL/HOME STAY IN REGION 8855 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS N/A 612156 0 0 0 0 0 0 633182 0 633182 0 0 0 0 0 0 PART III ACCOUNTING METHOD: SCHEDULE F, PART I, COLUMN F: AMOUNTS ARE BASED ON AN ACCRUAL METHOD OF ACCOUNTING. X X X X X X 1 T CAREY CONSULTING 1752 NW MARKET ST 945 SEATTLE WA 98107 CAPITAL CAMPAIGN PLANNING 0 939412 132000 807412 939412 132000 807412 WA UPREP TOGETHER 786451 770826 15625 42551 40065 5020 8616 786451 770826 15625 42551 40065 5020 8616 96252 -80627 1 FINANCIAL AID 112 4023625 BOOK TUITION, FEES, STUDENT ACTIVITIES, TRANSPORTATION AND MEALS PART I, LINE 2: THE ASSOCIATE DIRECTOR OF FINANCIAL AID PROCESSES APPLICATIONS FOR FINANCIAL AID. THE FINANCIAL AID COMMITTEE REVIEWS AND APPROVES THE RECOMMENDED AWARDS. APPROVED AWARDS ARE REFLECTED ON CONTRACTS THAT ARE SIGNED BY PARENTS. X 1 1 X X X X X 0 0 0 0 0 0 0 1 0 RONNIE CODRINGTON-CAZEAU HEAD OF SCHOOL 421377 0 20000 0 0 0 21350 0 8733 0 471460 0 0 0 SUSAN LANSVERK ASST. HEAD FOR FIN. & OP. 283739 0 2000 0 0 0 20002 0 9023 0 314764 0 0 0 JOEL SOHN DIRECTOR OF UPPER SCHOOL 174718 0 2000 0 0 0 12370 0 9023 0 198111 0 0 0 SUSIE WU DIRECTOR OF MIDDLE SCHOOL 164195 0 2000 0 0 0 11633 0 9023 0 186851 0 0 0 KELLY HERRINGTON DIRECTOR OF COLLEGE COUNSELING 163458 0 2000 0 0 0 11582 0 9023 0 186063 0 0 0 REBECCA MOE DIRECTOR OF ATHLETICS 133820 0 0 0 0 0 9367 0 9023 0 152210 0 0 0 AMY SPIVEY DIRECTOR OF INFORMATION TECHNOLOGY 132581 0 0 0 0 0 9281 0 9023 0 150885 0 0 0 PART I, LINE 1A RONNIE CODRINGTON CAZEAU, HEAD OF SCHOOL, HAD A DISCRETIONARY SPENDING ACCOUNT FOR SCHOOL RELATED EXPENSES. SHE WAS REIMBURSED FOR THESE EXPENSES UPON PROVIDING RECEIPTS. THESE PAYMENTS WERE NOT TREATED AS TAXABLE COMPENSATION. PART I, LINE 7 THE BOARD OF DIRECTORS DETERMINED AND APPROVED THE BONUS FOR THE HEAD OF SCHOOL. THE HEAD OF SCHOOL DETERMINED AND APPROVED THE BONUSES FOR MEMBERS OF THE SENIOR LEADERSHIP TEAM. A WASHINGTON STATE HOUSING FINANCE COMMISSION SERIES A 911874730 2022-03-30 37905000 REFINANCE TAXABLE TERM LOAN & LOC, FUND CONSTRUCTION OF CAMPUS FACILITY 0 0 0 A 32939304 1442879 518944 27756382 3221099 0 1 0 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 0 0 0 0 1 A 0 SCHEDULE K, PART II, LINE 3: THE AMOUNT ON THIS LINE REPRESENTS THE CUMULATIVE AMOUNT ADVANCED AS OF JUNE 30, 2023. NA N/A 97430 FINANCIAL AID FINANCIAL AID X 5 53500 FAIR MARKET VALUE 0 0 1 0 PART I, COLUMN (B): THE VALUE IN COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTORS FOR STOCK CONTRIBUTIONS. FORM 990, PART I, LINE 6: VOLUNTEERS SERVE ON THE BOARD, COMMITTEES, AND PARENT/GUARDIAN ASSOCIATION ACTIVITIES. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE AND EXECUTIVE COMMITTEES REVIEW AND APPROVE THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST STATEMENT IS COMPLETED BY EACH TRUSTEE AND OFFICER EACH YEAR. THEY ARE REVIEWED BY THE ASSISTANT HEAD OF SCHOOL FOR FINANCE AND OPERATIONS TO DETERMINE IF ANY CONFLICTS ARE INDICATED. THE PRESIDENT OF THE BOARD WOULD REVIEW ANY CONFLICTS THAT ARE DISCLOSED. IF A CONFLICT IS FOUND, THE TRUSTEE WOULD RECUSE HIMSELF/HERSELF FROM VOTING ON OR DISCUSSING THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE HEAD OF SCHOOL'S COMPENSATION IS ESTABLISHED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES THROUGH A THOROUGH PROCESS OF REVIEWING PERFORMANCE AND COMPARABLE COMPENSATION DATA FROM PEER SCHOOLS COLLECTED FROM AN INDEPENDENT SOURCE. THE ASSISTANT HEAD OF SCHOOL FOR FINANCE AND OPERATIONS COMPENSATION AND ASSISTANT HEAD OF SCHOOL'S COMPENSATION ARE ESTABLISHED BY THE HEAD OF SCHOOL USING THE SAME PROCESS. THIS PROCESS WAS LAST UNDERTAKEN IN MAY 2023. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. PART VII, SECTION A: SOME OF THE TRUSTEES ARE ALSO TEACHERS FOR THE ORGANIZATION AND RECEIVE COMPENSATION FOR THEIR SERVICES AS TEACHERS ONLY. THE HEAD OF THE SCHOOL IS CONSIDERED AN OFFICER AND RECEIVES COMPENSATION FOR HER SERVICE AS CEO. THE BY-LAWS WERE AMENDED DURING FY21 AND THESE INDIVIDUALS ARE NOW NON-VOTING EX-OFFICIO TRUSTEES. FORM 990, PART XI, LINE 9: LOSS ON PRIOR YEAR PLEDGE WRITE-OFF -400,000.