2025-05-14T17:48:07-05:00 2024-06-30 911194016 CLARK NUBER PS 10900 NE 4TH STREET SUITE 1400 BELLEVUE WA 98004 990 2023-07-01 910974344 UNIVERSITY PREPARATORY ACADEMY UNIV 2065252714 8000 25TH AVENUE NE SEATTLE WA 98115 SUSAN LANSVERK ASST. HEAD FOR FIN. & OP. 2065252714 2025-05-13 1 0 SARA ELIZABETH H JONES P00235495 4254544919 2025-05-13 2023 2025-03-06 01:10:19Z RONNIE CODRINGTON-CAZEAU 8000 25TH AVENUE NE SEATTLE WA 98115 36263998 0 X WWW.UNIVERSITYPREP.ORG X 1976 WA INDEPENDENT SCHOOL PROVIDING PRIVATE EDUCATION TO STUDENTS GRADES 6 THROUGH 12 FOUNDED 1976. 23 23 256 150 0 0 3357094 4125738 26341572 29415482 1681980 2673678 -80627 -68035 31300019 36146863 4023625 4254162 0 0 15705944 18041835 0 0 1299194 6120384 8701988 25849953 30997985 5450066 5148878 144192889 166542321 65768471 80554487 78424418 85987834 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 25724511 4254162 29415482 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. 25724511 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 51 0 256 1 0 0 0 0 0 0 0 0 0 0 0 0 X 23 23 0 0 1 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 CHRISTINA ZEMBRUSKI FACULTY/TRUSTEE 45.00 X 92811 0 15834 NINEVAH LOWERY PRESIDENT 4.00 X X 0 0 0 SCOTLAND NASH VICE PRESIDENT 4.00 X X 0 0 0 JENNIFER ZELL SECRETARY 2.00 X X 0 0 0 JARRAD HARFORD TREASURER 4.00 X X 0 0 0 KRYSIA JOHNSON 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 STEVEN DE BEER TRUSTEE 2.00 X 0 0 0 JAMIE EVANS TRUSTEE 2.00 X 0 0 0 CHARLES FRISCHER TRUSTEE 2.00 X 0 0 0 TERRY FROGGATT TRUSTEE 2.00 X 0 0 0 VAN KATZMAN TRUSTEE 2.00 X 0 0 0 PATRICIA LANDY TRUSTEE 2.00 X 0 0 0 THONG LE TRUSTEE 2.00 X 0 0 0 RUSSELL NORMANN TRUSTEE 2.00 X 0 0 0 KATHY PARK 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 DANI RUTHFIELD TRUSTEE 2.00 X 0 0 0 CASEY SCHUCHART TRUSTEE 2.00 X 0 0 0 ANDREW SELBY 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 ROBIN WATERMAN TRUSTEE 2.00 X 0 0 0 RONNIE CODRINGTON-CAZEAU HEAD OF SCHOOL 60.00 X 479129 0 32147 SUSAN LANSVERK ASST. HEAD FOR FIN. & OP. 50.00 X 318563 0 31636 EDWARD BILLINGSLEA ASST. HEAD OF SCHOOL 50.00 X 198650 0 18340 SUSIE WU DIRECTOR OF UPPER SCHOOL 50.00 X 175126 0 21596 RYAN HANNON DIRECTOR OF ENROLLMENT MANAGEMENT 50.00 X 185850 0 17247 KELLY HERRINGTON DIRECTOR OF COLLEGE COUNSELING 50.00 X 172619 0 21420 REBECCA MOE DIRECTOR OF ATHLETICS 50.00 X 167041 0 22830 AMY SPIVEY DIRECTOR OF INFORMATION TECHNOLOGY 50.00 X 161546 0 20645 LIZ VAN HOY DIRECTOR OF DEVELOPMENT 50.00 X 164366 0 14608 JOEL SOHN FORMER KEY EMPLOYEE 0.00 X 100899 0 11587 2216600 0 227890 35 1 1 0 SKANSKA USA BUILDING INC 221 YALE AVE N SUITE 400 SEATTLE WA 98109 GENERAL CONTRACTOR 7385646 MITHUN INC PIER 56 1201 ALASKAN WAY 200 SEATTLE WA 98101 ARCHITECTURE 447753 LAKESIDE SCHOOL 14050 1ST AVE NE SEATTLE WA 98125 STUDENT TRANSPORTATION 305194 RIGHT SYSTEMS INC PO BOX 11626 TACOMA WA 98411 NETWORK INFRASTRUCTURE 288716 MARTY K INC 720 N 10TH STREET A-334 RENTON WA 98057 JANITORIAL 248130 8 866464 3259274 227400 4125738 TUITION AND FEES 611110 29298531 29298531 FORFEITED DEPOSITS 611110 79831 79831 APPLICATION FEES 611110 37120 37120 29415482 2673678 2673678 49100 866464 117135 -68035 -68035 36146863 29415482 0 2605643 4254162 4254162 1709188 741847 855550 111791 12903944 10970533 1423889 509522 668852 579501 59837 29514 1604471 1242560 285229 76682 1155380 926034 175374 53972 26849 26849 65138 65138 104985 104985 445742 143441 217605 84696 101945 88188 8786 4971 1984976 1659082 169125 156769 1564449 1368299 125273 70877 309577 305633 1193 2751 278605 209980 55716 12909 656156 567610 56551 31995 2213743 1915007 190791 107945 STUDENT ACTIVITIES 343246 308109 4750 30387 BUS PASSES 254039 254039 DUES 179398 130261 47785 1352 AWARDS, GIFTS, CONTRIB. 55833 31202 18978 5653 117307 29023 80876 7408 30997985 25724511 3974280 1299194 2977134 3362181 26014237 27323164 3652722 3875987 17693167 20532076 352245 378476 97754405 26728410 57040051 71025995 35702698 39398960 612156 523505 148479 121977 144192889 166542321 7959433 3749857 24963677 28114148 32443706 48315328 401655 375154 65768471 80554487 X 61267182 69576705 17157236 16411129 78424418 85987834 144192889 166542321 X 5148878 2511284 -96746 X 0 1 X 1 0 X 3872385 4954407 11225549 3357094 4125738 27535173 3872385 4954407 11225549 3357094 4125738 27535173 4555842 22979331 760306 545902 727838 1682739 2673678 6390463 6620 6620 33932256 126452757 0.67720 0.68840 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 14839647 5031400 1740423 339274 200344 21071852 13393340 748438 1202150 307562 196719 14839647 14271791 902405 -1320263 351416 109177 13393340 10859232 1101277 2832052 302701 218069 14271791 11241936 45288 68814 278209 218597 10859232 0.29643 0.70356 0.00000 0 0 11173932 11173932 84032623 24704576 59328047 2547850 2023834 524016 71025995 DEFERRED POST RETIREMENT BENEFITS 253178 RETIREMENT ANNUITY PAYABLE 121976 375154 34410535 2511284 -4254162 -1742878 36153413 104985 -111535 -6550 36146863 26847119 208281 208281 26638838 104985 4254162 4359147 30997985 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 -4,254,162. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES NETTED AGAINST REVENUE -111,535. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES NETTED AGAINST REVENUE 111,535. LOSS ON PRIOR YEAR PLEDGE WRITE-OFF 96,746. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID EXPENSE REPORTED ON PART IX 4,254,162. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 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. EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES STUDENT TRAVEL/HOME STAY IN REGION 32000 EUROPE (INCLUDING ICELAND AND GREENLAND) 0 0 PROGRAM SERVICES STUDENT TRAVEL/HOME STAY IN REGION 24000 SOUTH AMERICA 0 0 PROGRAM SERVICES STUDENT TRAVEL/ HOME STAY IN REGION 16000 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES STUDENT TRAVEL/ HOME STAY IN REGION 31000 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS N/A 523505 0 0 0 0 0 0 626505 0 626505 0 0 0 0 0 0 PART I, LINE 3: 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 571220 77800 493420 571220 77800 493420 WA UPREP TOGETHER 915564 866464 49100 43369 50431 6530 16805 915564 866464 49100 43369 50431 6530 16805 117135 -68035 1 FINANCIAL AID 111 4254162 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 416129 0 63000 0 0 0 23100 0 9047 0 511276 0 0 0 SUSAN LANSVERK ASST. HEAD FOR FIN. & OP. 317313 0 1250 0 0 0 22299 0 9337 0 350199 0 0 0 EDWARD BILLINGSLEA ASST. HEAD OF SCHOOL 197400 0 1250 0 0 0 7203 0 11137 0 216990 0 0 0 RYAN HANNON DIRECTOR OF ENROLLMENT MANAGEMENT 184600 0 1250 0 0 0 6710 0 10537 0 203097 0 0 0 SUSIE WU DIRECTOR OF UPPER SCHOOL 173876 0 1250 0 0 0 12259 0 9337 0 196722 0 0 0 KELLY HERRINGTON DIRECTOR OF COLLEGE COUNSELING 171369 0 1250 0 0 0 12083 0 9337 0 194039 0 0 0 REBECCA MOE DIRECTOR OF ATHLETICS 165791 0 1250 0 0 0 11693 0 11137 0 189871 0 0 0 AMY SPIVEY DIRECTOR OF INFORMATION TECHNOLOGY 160296 0 1250 0 0 0 11308 0 9337 0 182191 0 0 0 LIZ VAN HOY DIRECTOR OF DEVELOPMENT 163116 0 1250 0 0 0 3471 0 11137 0 178974 0 0 0 JOEL SOHN FORMER KEY EMPLOYEE 100899 0 0 0 0 0 7063 0 4524 0 112486 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 FACULTY, STAFF, AND ADMINISTRATION. 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 37999971 1939963 518944 32319965 3221099 2024 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, 2024. NA N/A 73620 FINANCIAL AID FINANCIAL AID X 13 216800 FAIR MARKET VALUE X AUCTION ITEMS 4 5600 FAIR MARKET VALUE X EQUIPMENT 2 5000 FAIR MARKET VALUE 0 0 1 0 PART I, COLUMN (B): THE VALUE IN COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTORS FOR STOCK CONTRIBUTIONS AND THE NUMBER OF ITEMS DONATED OR AUCTION ITEMS AND EQUIPMENT. FORM 990, PART I, LINE 6: VOLUNTEERS SERVE ON THE BOARD, COMMITTEES, AND PARENT/GUARDIAN ASSOCIATION ACTIVITIES. FORM 990, PART VI, SECTION A, LINE 4 ON MARCH 20, 2024, THE UNIVERSITY PREPARATORY ACADEMY AMENDED ITS BYLAWS TO ALIGN WITH BEST PRACTICES. KEY CHANGES INCLUDED UPDATING THE RANGE FOR THE NUMBER OF TRUSTEES, RECLASSIFYING CERTAIN TRUSTEES AS EX-OFFICIO MEMBERS, AND REVISING THE NUMBER OF TRUSTEES REQUIRED TO HOLD A QUORUM. ADDITIONALLY, THE AMENDMENTS SIMPLIFIED THE BOARD CONFLICT OF INTEREST STATEMENT AND ADDED A SECTION ON INDEMNIFICATION. 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. THESE INDIVIDUALS ARE NON-VOTING EX-OFFICIO TRUSTEES. FORM 990, PART XI, LINE 9: LOSS ON PRIOR YEAR PLEDGE WRITE-OFF -96,746.