2023-05-05T11:32:19-05:00 2022-06-30 911194016 CLARK NUBER PS 10900 NE 4TH STREET SUITE 1400 BELLEVUE WA 98004 990 2021-07-01 910974344 UNIVERSITY PREPARATORY ACADEMY UNIV 2065252714 8000 25TH AVENUE NE SEATTLE WA 98115 SUSAN LANSVERK ASST. HEAD FOR FIN. & OP. 2065252714 2023-05-01 1 SUSAN LANSVERK 999009999 SARA ELIZABETH H JONES P00235495 4254544919 2023-05-01 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z RONNIE CODRINGTON-CAZEAU 8000 25TH AVENUE NE SEATTLE WA 98115 37002703 0 X WWW.UNIVERSITYPREP.ORG X 1976 WA INDEPENDENT SCHOOL PROVIDING PRIVATE EDUCATION TO STUDENTS GRADES 6 THROUGH 12 FOUNDED 1976. 23 23 243 150 0 0 4954407 11225549 23635947 24738948 545902 726575 -34991 -74675 29101265 36616397 3358441 3750893 0 0 14363420 14796119 25500 0 978196 4754030 6263566 22501391 24810578 6599874 11805819 104232720 111654296 41758933 40013581 62473787 71640715 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 20302191 3750893 24738948 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. 20302191 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 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 68 0 243 1 0 0 0 0 0 0 0 0 0 0 0 0 X 23 23 1 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 RONNIE CODRINGTON-CAZEAU HEAD OF SCHOOL 60.00 X X 441506 0 23962 CHRISTINA ZEMBURSKI FACULTY/TRUSTEE 45.00 X 78413 0 14525 JEN ZELL PRESIDENT 4.00 X X 0 0 0 VAN KATZMAN VICE-PRESIDENT 4.00 X X 0 0 0 MARK BRITTON TREASURER 4.00 X X 0 0 0 CHARISSE COWAN-PITRE SECRETARY 2.00 X X 0 0 0 LISA BONTJE PGA CO-PRESIDENT 4.00 X X 0 0 0 TRACY POZIL PGA CO-PRESIDENT 4.00 X X 0 0 0 RIC ANDERSON TRUSTEE 2.00 X 0 0 0 GEOFF BUSCHER TRUSTEE 2.00 X 0 0 0 JULI COOK TRUSTEE 2.00 X 0 0 0 LIFFY FRANKLIN TRUSTEE 2.00 X 0 0 0 JASON FROGGATT TRUSTEE 2.00 X 0 0 0 TERRY FROGGATT RETIRED FACULTY/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 NINEVAH LOWERY TRUSTEE 2.00 X 0 0 0 SCOTLAND NASH TRUSTEE 2.00 X 0 0 0 SUJAL PATEL TRUSTEE 2.00 X 0 0 0 TORI RAGEN TRUSTEE 2.00 X 0 0 0 TIMOTHY RICHEY TRUSTEE 2.00 X 0 0 0 CHERYL SCOTT 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 MIRANDA VIRMANI TRUSTEE 2.00 X 0 0 0 SUSAN LANSVERK ASST. HEAD FOR FIN. & OP. 50.00 X 266672 0 27703 RICHARD KASSISSIEH ASST. HEAD OF SCHOOL 50.00 X 185017 0 21987 JOEL SOHN DIRECTOR OF UPPER SCHOOL 50.00 X 171088 0 15013 SUSIE WU DIRECTOR OF MIDDLE SCHOOL 50.00 X 160325 0 20259 CATHERINE BLUNDELL DIRECTOR OF ADVANCEMENT 50.00 X 176216 0 21371 KELLY HERRINGTON DIRECTOR OF COLLEGE COUNSELING 50.00 X 160017 0 20237 SHAVETTE MCGHEE DIRECTOR OF ENROLLMENT MANAGEMENT 50.00 X 140018 0 18837 AMY SPIVEY DIRECTOR OF INFORMATION TECHNOLOGY 50.00 X 128454 0 17770 MARY BETH LAMBERT DIRECTOR OF COMMUNICATIONS 50.00 X 133043 0 9963 2040769 0 211627 19 0 1 0 VENTURE GENERAL CONTRACTING 1518 1ST AVE S SEATTLE WA 98134 GENERAL CONTRACTOR 3146030 MARTY K INC 720 N 10TH STREET A-334 RENTON WA 98057 JANITORIAL 222968 MITHUN INC PIER 56 1201 ALASKAN WAY 200 SEATTLE WA 98101 ARCHITECT 127751 LAKESIDE SCHOOL 14050 1ST AVE NE SEATTLE WA 98125 TRANSPORTATION 104134 4 761714 480573 9983262 224364 11225549 TUITION AND FEES 611110 24654573 24654573 APPLICATION FEES 611110 49030 49030 FORFEITED DEPOSITS 611110 35345 35345 24738948 727838 727838 274123 274367 1019 -244 -1019 -1263 -1263 29625 761714 110920 -81295 -81295 REIMBURSEMENT 900009 6544 6544 76 76 6620 36616397 24738948 0 651900 3750893 3750893 1491978 702220 691419 98339 10561526 8937522 1168524 455480 575000 491476 56300 27224 1228300 950707 214416 63177 939315 751213 141013 47089 13531 13531 67875 67875 82237 82237 234706 78602 156104 39390 33376 4044 1970 1526248 1227408 195675 103165 1060503 898583 108874 53046 63292 62341 941 10 209123 162264 40509 6350 26009 22038 2670 1301 1637386 1387387 168098 81901 STUDENT ACTIVITIES 234433 208967 4693 20773 DUES 216439 148594 66404 1441 STAFF RECRUITING 196206 196206 BUS PASSES 189142 189142 467046 299458 150658 16930 24810578 20302191 3530191 978196 12877338 15905484 15876834 16280741 4815385 8562601 14713133 15773388 359636 400364 59040950 23039952 34048219 36000998 19879276 17013222 1511805 1576030 151094 141468 104232720 111654296 2940194 2896318 20980075 22179889 17350000 14458336 488664 479038 41758933 40013581 X 45049836 54291577 17423951 17349138 62473787 71640715 104232720 111654296 11805819 -2638891 0 X 0 1 X 1 0 X 1802155 4154612 3872385 4954407 11225549 26009108 1802155 4154612 3872385 4954407 11225549 26009108 5619645 20389463 447387 742723 760306 545902 727838 3224156 6620 6620 29239884 110868650 0.69730 0.72390 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 14271791 902405 -1320263 351416 109177 13393340 10859232 1101277 2832052 302701 218069 14271791 11241936 45288 68814 278209 218597 10859232 10646164 473853 556501 257370 177212 11241936 9840485 573219 661821 221410 207951 10646164 0.07840 0.92160 0.00000 0 0 329072 329072 38345010 21281576 17063434 2345747 1758376 587371 18021121 18021121 36000998 DEFERRED POST RETIREMENT BENEFITS 337570 RETIREMENT ANNUITY PAYABLE 141468 479038 30256315 -2638891 -3750893 -6389784 36646099 82237 -111939 -29702 36616397 21089387 111939 111939 20977448 82237 3750893 3833130 24810578 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 -3,750,893. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES NETTED AGAINST REVENUE -110,920. LOSS ON DISPOSAL NETTED AGAINST REVENUE -1,019. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES NETTED AGAINST REVENUE 110,920. LOSS ON DISPOSAL NETTED AGAINST REVENUE 1,019. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID EXPENSE REPORTED ON PART IX 3,750,893. 1 1 1 1 1 1 1 0 0 0 1 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. 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. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS N/A 762836 0 0 0 0 0 0 762836 0 762836 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 4672799 117000 4555799 4672799 117000 4555799 WA UPREP TOGETHER 791339 761714 29625 53703 35844 4900 16473 791339 761714 29625 53703 35844 4900 16473 110920 -81295 1 FINANCIAL AID 109 3750893 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 X 1 1 X X X X X 0 0 0 0 0 0 0 1 0 RONNIE CODRINGTON-CAZEAU HEAD OF SCHOOL 420306 0 21200 0 0 0 14926 0 9036 0 465468 0 0 0 SUSAN LANSVERK ASST. HEAD FOR FIN. & OP. 263472 0 3200 0 0 0 18667 0 9036 0 294375 0 0 0 RICHARD KASSISSIEH ASST. HEAD OF SCHOOL 181817 0 3200 0 0 0 12951 0 9036 0 207004 0 0 0 CATHERINE BLUNDELL DIRECTOR OF ADVANCEMENT 173016 0 3200 0 0 0 12335 0 9036 0 197587 0 0 0 JOEL SOHN DIRECTOR OF UPPER SCHOOL 167888 0 3200 0 0 0 5977 0 9036 0 186101 0 0 0 SUSIE WU DIRECTOR OF MIDDLE SCHOOL 157125 0 3200 0 0 0 11223 0 9036 0 180584 0 0 0 KELLY HERRINGTON DIRECTOR OF COLLEGE COUNSELING 156817 0 3200 0 0 0 11201 0 9036 0 180254 0 0 0 SHAVETTE MCGHEE DIRECTOR OF ENROLLMENT MANAGEMENT 136818 0 3200 0 0 0 9801 0 9036 0 158855 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. X 24 224364 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 COMMITTEES AND PARENT COUNCIL ACTIVITIES. 23 MEMBERS OF THE BOARD ALSO SERVE AS VOLUNTEERS. FORM 990, PART VI, SECTION A, LINE 2 TERRY FROGGATT AND JASON FROGGATT HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 4 SIGNIFICANT REVISIONS TO THE BYLAWS INCLUDE THE FOLLOWING: -THE RANGE FOR THE NUMBER OF TRUSTEES TO SERVE ON THE BOARD WAS UPDATED. -CERTAIN TRUSTEES HAVE BEEN CHANGED TO EX-OFFICIO MEMBERS INCLUDING THE HEAD OF SCHOOL, PARENT-GUARDIAN ASSOCIATION CO-CHAIRS, AND THE FACULTY TRUSTEE. -UPDATED THE NUMBER OF TRUSTEES TO HOLD A QUORUM. -UPDATED THE NUMBER OF TRUSTEES ON THE EXECUTIVE COMMITTEE. -UPDATED THE ALLOCATION OF BOARD MEMBERS SERVING ON BOARD COMMITTEES. 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 2022. 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. COMPENSATED INDIVIDUALS RECUSE THEMSELVES FROM DISCUSSING AND VOTING ON CERTAIN MATTERS PER THE BY-LAWS. THE BY-LAWS WERE AMENDED DURING FY21 AND THESE INDIVIDUALS ARE NOW NON-VOTING EX-OFFICIO TRUSTEES.