2024-06-10T22:43:59-07:00 2024-05-31 990 2023-07-01 462410522 L & E ACADEMY FOUNDATION L&EA 4252986451 6532 Phinney Ave N Seattle WA 98103 Travis Johnson Board Member 4256069929 2024-06-10 Travis Johnson 999009999 1 1 11 1 AAL2 2023 2023-04-26 12:10:37Z X X LEADERSHIP PREPARATORY ACADEMY Elizabeth McFarland 526 NE 130th St Seattle WA 98125 193424 0 X HTTPS://LEAD-PREP.ORG X 2013 WA AT LEADPREP WE CREATE A DYNAMIC SPACE WHERE EDUCATION IS ENGAGING, NOT ONE-SIZE-FITS-ALL, FOR ALL LEARNERS TO BE SEEN, HEARD, VALUED, AND THRIVING. X 6 5 17 6 0 0 72879 62902 824032 158329 17819 -22257 -2575 -5550 912155 193424 0 0 0 0 868644 348381 0 0 0 449709 -210115 1318353 138266 -406198 55158 432605 0 487763 0 -55158 0 X AT LEADPREP WE CREATE A DYNAMIC SPACE WHERE EDUCATION IS ENGAGING, NOT ONE-SIZE-FITS-ALL, FOR ALL LEARNERS TO BE SEEN, HEARD, VALUED, AND THRIVING. 0 1 -1777 152779 SEE ADDITIONAL DATA - EDUCATION 0 0 0 -1777 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 9 0 1 17 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 X 6 5 0 0 0 0 0 0 0 1 1 1 0 1 1 0 0 0 0 1 1 0 WA X MAUREEN O'SHAUGHNESSY 4252986451 5116 150TH PLACE SW EDMONDS WA 98026 ELIZABETH MCFARLAND EXECUTIVE DIRECTOR/HEAD OF SCHOOL 42 0 X X 63918 0 420 MAUREEN O'SHAUGHNESSY FORMER EXECUTIVE DIRECTOR 10 0 X 12268 0 0 MEAGAN O'LEARY BOARD PRESIDENT 1 0 X 0 0 0 PHYLLIS PIERCE BOARD SECRETARY 2 0 X 0 0 0 ELIZABETH BROCK AT-LARGE BOARD MEMBER 2 0 X 0 0 0 TRAVIS JOHNSON AT-LARGE BOARD MEMBER 3 0 X 0 0 0 ALLISON MCCORMICK AT-LARGE BOARD MEMBER 2.00 0 X 0 0 0 76186 0 420 0 0 0 0 0 0 0 0 0 0 62902 0 62902 TUITION AND FEES 611110 158329 158329 0 0 0 0 0 0 158329 -22257 0 0 -22257 0 0 0 0 0 0 0 0 -5550 0 0 0 -5550 0 -5550 -5550 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 193424 152779 0 -22257 0 0 0 0 0 0 0 0 76186 0 76186 0 0 0 0 0 207230 207230 0 0 0 0 0 0 38604 38184 420 0 26361 19275 7086 0 18500 0 18500 0 0 0 0 0 10008 0 10008 0 0 0 0 0 0 0 0 0 0 0 1505 0 1505 0 1546 0 1546 0 4744 0 4744 0 1809 1809 0 0 0 0 0 0 45012 44712 300 0 2523 2523 0 0 0 0 0 0 0 0 0 0 1123 0 1123 0 0 0 0 0 -34100 -34100 0 0 -814 -814 0 0 CURRICULUM 7626 7626 0 0 ADMINISTRATIVE EXPENSES 15352 0 15352 0 DUES & SUBSCRIPTIONS 2760 0 2760 0 MEALS 36 0 36 0 -287745 -288222 477 0 138266 -1777 140043 0 34887 0 100494 0 235787 0 25628 0 0 0 0 0 0 0 0 0 706 0 21103 0 0 0 0 0 0 0 0 14000 0 432605 0 363540 0 0 0 0 0 0 0 0 0 0 0 0 0 124223 0 0 487763 0 X 0 0 0 0 -55158 0 -55158 0 432605 0 55158 0 0 0 0 0 X 0 0 0 X 153686 143113 135215 72879 62902 567795 153686 143113 135215 72879 62902 567795 40420 527375 3766 1868 4509 17819 -22257 5705 573500 5115753 0.91957 0.95360 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 Schedule E, Part I, Line 3 INTERNET WEBSITE AND OTHER MEDIA CONTAINED LEADPREP'S NON-DESCRIMINATION POLICY THROUGHOUT THE REGISTRATION PERIOD. SOLICITATIONS FOR NEW STUDENTS IN SUCH ADVERTISEMENTS CEASED UPON DECISION TO DISSOLVE. NO NET ASSETS 2023-11-30 0 NO NET ASSETS NO NET ASSETS 0 0 0 0 1 0 1 0 Schedule N, Part I, Line 3 NO NET ASSETS Form 990, Part III, Line 3 IT WAS BROUGHT TO THE ATTENTION OF THE BOARD FOR L & E ACADEMY THAT THERE WERE INSUFFICIENT FUNDS TO CONTINUE OPERATIONS PAST NOVEMBER 2023 AND DESPITE FUND RAISING EFFORTS, THE DECISION WAS MADE TO DISSOLVE WITH NO NET ASSETS. THE REVENUE CLEARANCE CERTIFICATE WAS RECEIVED MARCH 1, 2024, WITH INACTIVE DATE MAY 9, 2024, AS REPORTED ON THE ARTICLES OF DISSOLUTION. Form 990, Part VI, Section A, Line 9 ELIZABETH BROCK, 5719 30TH AVE NE, SEATTLE, WA 98105; TRAVIS JOHNSON, 5300 235TH AVE SE, ISSAQUAH, WA 98029; ALLISON MCCORMICK, 1402 194TH ST SE #UNIT 7, BOTHELL, WA 98012; PHYLLIS PIERCE, 9534 NE 140TH ST, KIRKLAND, WA 98034; AND IN ABSENTIA FOR CLOSURE ARE MEAGAN O'LEARY, 873 NW 105TH ST, SEATTLE, WA 98177, AND ELIZABETH MCFARLAND, 526 NE 130TH ST, SEATTLE, WA 98125 Form 990, Part VI, Section B, Line 11b FORM WAS PRESENTED TO THE OUTGOING MEMBERS OF THE BOARD WHO STAYED TO CLOSE THE SCHOOL PRIOR TO FILING Form 990, Part VI, Section B, Line 15 UNCOMPENSATED MEMBERS OF THE BOARD REVIEW AND APPROVE DIRECTOR AND OTHER OFFICER COMPENSATION. SUCH REVIEWS ARE DOCUMENTED IN BOARD MEETING MINUTES. A HEAD OF SCHOOL/DIRECTOR SEARCH COMMITTEE WAS ESTABLISHED IN 2022-2023 AND PRESENTED THE SELECTED CANDIDATE TO THE BOARD. THE RETIRING HEAD OF SCHOOL ESTABLISHED THE COMPENSATION RATE GOING FORWARD. Form 990, Part VI, Section C, Line 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part VI, Section C, Line 20 NOT ALL BOOKS WERE TRANSFERRED, PRIOR TO LEADPREP'S CLOSURE, TO THE NEW HEAD OF SCHOOL ELIZABETH MCFARLAND, 526 NE 130TH ST, SEATTLE, WA 98125, 612-360-8217. MAUREEN O'SHAUGHNESSY WAS REQUIRED DUE TO PRIVACY LAWS TO CLOSE THE ACCOUNTS THAT WERE IN HER NAME.