2018-11-14T14:24:45-06:00 2018-06-30 911194016 CLARK NUBER PS 10900 NE 4TH STREET SUITE 1700 BELLEVUE WA 98004 990 2017-07-01 910564971 LAKESIDE SCHOOL LAKE 2063683610 14050 1ST AVE NE SEATTLE WA 98125 BIRAGE TANDON CHIEF FINANCIAL OFFICER 2063683610 2018-11-14 1 SARA ELIZABETH J HYRE P00235495 4254544919 2018-11-14 65.158.230.194 2018-11-14 12:01:31 PS P BB354ABF92EC963E3C5F00DBAC0B26400951866D 1BE971507ABAB295C15C4B0588DC26244F9DB9CC 2017 2019-02-21 02:37:17Z BERNIE NOE 14050 1ST AVE NE SEATTLE WA 98125 85736895 0 X WWW.LAKESIDESCHOOL.ORG X 1923 WA TO EDUCATE STUDENTS IN GRADES 5-12. 20 19 516 1350 0 0 6107129 5262962 29629340 30909258 6216054 10886576 306894 304212 42259417 47363008 6596733 7119829 0 0 22886765 23462089 0 0 847461 10650040 10827624 40133538 41409542 2125879 5953466 305244171 319207467 6754420 7730423 298489751 311477044 X THE MISSION OF LAKESIDE SCHOOL IS TO DEVELOP IN INTELLECTUALLY CAPABLE YOUNG PEOPLE THE CREATIVE MINDS, HEALTHY BODIES, AND ETHICAL SPIRITS NEEDED TO CONTRIBUTE WISDOM, COMPASSION, AND LEADERSHIP TO A GLOBAL SOCIETY. WE PROVIDE A RIGOROUS, DYNAMIC ACADEMIC PROGRAM THROUGH WHICH EFFECTIVE EDUCATORS LEAD STUDENTS TO TAKE RESPONSIBILITY FOR LEARNING. WE ARE COMMITTED TO SUSTAINING A SCHOOL IN WHICH INDIVIDUALS REPRESENTING DIVERSE CULTURES AND EXPERIENCES INSTRUCT ONE ANOTHER IN THE MEANING AND VALUE OF COMMUNITY AND IN THE JOY AND IMPORTANCE OF LIFELONG LEARNING. 0 0 31109569 6449106 29349574 LAKESIDE SCHOOL CONTINUES ITS FOCUS ON CORE ELEMENTS OF ITS MISSION OF ACADEMIC EXCELLENCE, DIVERSITY, AND GLOBAL EDUCATION TO PROVIDE A LEADING-EDGE EDUCATION FOR THE 21ST CENTURY. IN ADDITION TO ITS SCHOOL YEAR INSTRUCTION, IT OFFERS A RICH ARRAY OF SUMMER ACADEMIC COURSES AND ATHLETIC CAMPS AS WELL AS THE LAKESIDE EXPERIENTIAL EDUCATIONAL PROGRAM (LEEP), WHICH SERVES INCOMING 9TH GRADERS IN THE SEATTLE PUBLIC SCHOOLS TO PROVIDE GREATER ACCESS TO LAKESIDE'S CAMPUS AND OPPORTUNITIES. THE SCHOOL HAS INCREASED DIVERSITY OF ITS STUDENT BODY AND EMPLOYEES. LAKESIDE NOW HAS 32% OF STUDENTS ON AID; 57% STUDENT OF COLOR; AND 29% EMPLOYEES OF COLOR. THE SCHOOL IS ALSO COMPLETING A PERFORMING ARTS INITIATIVE, WHICH IS FOCUSED ON BOTH FACILITIES AND PROGRAM ENHANCEMENTS IN THE AREAS OF MUSIC, DRAMA AND CHOIR. 2577167 670723 1555134 AUXILIARY ENTERPRISES - LAKESIDE'S FOOD SERVICE FOCUSES ON SERVING STUDENTS AND STAFF HEALTHY FOOD AND BEVERAGE OPTIONS FOR BREAKFAST, LUNCH, AND SNACKS. ETHNICALLY DIVERSE FOOD CHOICES ARE OFTEN OFFERED AT LUNCH TO SUPPORT THE GLOBAL INITIATIVE.TO SUPPORT TOOLS FOR LEARNING, LAKESIDE SELLS TO ITS STUDENTS LAPTOP COMPUTERS AND E-LEARNING MATERIALS. 0 4550 IN RESPONSE TO INCREASING DEMAND DUE TO THE GROWING POPULATION OF THE CITY OF SEATTLE, AND THE INCREASINGLY UNAFFORDABLE COST OF INDEPENDENT SCHOOL EDUCATION, LAKESIDE IS PIONEERING A NEW MICRO-SCHOOL MODEL OF EDUCATION. OUR MODEL PRESERVES THE ESSENCE OF LAKESIDE'S ACADEMIC EDUCATION BY PROVIDING WORLD-CLASS ACADEMIC COURSES, VIBRANT STUDENT-FACULTY RELATIONSHIPS, A DIVERSE BODY OF STUDENTS AND ADULTS, AND CLUBS AND ACTIVITIES BASED ON STUDENT INTEREST, AT APPROXIMATELY HALF THE COST OF A LAKESIDE SCHOOL EDUCATION. COST SAVINGS IN THIS NEW MODEL ARE ACHIEVED BY OFFERING NO SPORTS OR PERFORMING ARTS PROGRAMS; LEASING AND RENOVATING SPACE FOR CLASSES IN AN EXISTING BUILDING; CENTRALIZING ALL BUSINESS, COMMUNICATIONS, AND DEVELOPMENT FUNCTIONS ON THE EXISTING LAKESIDE SCHOOL CAMPUS; AND BY EMPHASIZING THE CORE PART OF OUR MISSION--EXCELLENT ACADEMICS. OUR FIRST MICRO-SCHOOL, NAMED THE DOWNTOWN SCHOOL, IS SLATED TO OPEN IN THE SEATTLE CENTER COMPLEX, JUST BLOCKS FROM THE PACIFIC SCIENCE CENTER, THE SPACE NEEDLE, KEY ARENA, AND THE GATES FOUNDATION, IN THE FALL OF 2018. 33686736 1 1 0 0 0 0 0 0 1 1 1 1 0 0 1 0 1 0 1 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 1 0 1 0 0 0 0 1 0 0 0 1 X 88 0 1 516 1 1 0 0 0 0 0 0 0 0 0 0 X 20 19 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CA X BIRAGE TANDON 2063683610 14050 1ST AVE NE SEATTLE WA 98125 NATASHA SMITH JONES CHAIR 5.00 X X 0 0 0 THEILINE CRAMER PAST CHAIR 2.00 X X 0 0 0 BERTRAND VALDMAN VICE CHAIR 5.00 X X 0 0 0 STEPHEN SUNDBORG SECRETARY 2.00 X X 0 0 0 MARK KLEBANOFF TREASURER 3.00 X X 0 0 0 SARAH BARTON TRUSTEE 2.00 X 0 0 0 CARMEN BEST TRUSTEE 2.00 X 0 0 0 AMY CRICHTON TRUSTEE 2.00 X 0 0 0 JUILING EDMONDS TRUSTEE 2.00 X 0 0 0 ROBERT HELSELL TRUSTEE 2.00 X 0 0 0 CLAUDIA HUNG TRUSTEE 2.00 X 0 0 0 MICHAEL LARSON TRUSTEE 2.00 X 0 0 0 MONA LEE LOCKE TRUSTEE 2.00 X 0 0 0 KATHLEEN MURRAY TRUSTEE 2.00 X 0 0 0 SEAN O'DONNELL TRUSTEE 2.00 X 0 0 0 ARTEMIOS PANOS TRUSTEE 2.00 X 0 0 0 PETER POLSON TRUSTEE 2.00 X 0 0 0 CAREY CRUTCHER SMITH TRUSTEE 2.00 X 0 0 0 EDWARD TAYLOR TRUSTEE 2.00 X 0 0 0 DAVID VICTOR TRUSTEE 2.00 X 0 0 0 BERNIE NOE HEAD OF SCHOOL 70.00 X 507817 0 121958 BIRAGE TANDON CHIEF FINANCIAL OFFICER 65.00 X 248580 0 28237 ELAINE CHRISTENSEN DIRECTOR MIDDLE SCHOOL 60.00 X 186082 0 26154 BOOTH KYLE ASSOCIATE HEAD/DIR. ADMISSIONS 50.00 X 249589 0 27437 DAIGA GALINS DIRECTOR OF DEVELOPMENT 65.00 X 199066 0 28630 ALEXANDRA CALLEN FORMER DIRECTOR UPPER SCHOOL 60.00 X 145115 0 14935 FELICIA WILKS DIRECTOR UPPER SCHOOL 60.00 X 145424 0 7485 THOMAS RONA MATH TEACHER AND DEPARTMENT HEAD 40.00 X 168792 0 20110 CHRISTOPHER HARTLEY DIRECTOR OF ATHLETICS 40.00 X 148486 0 20970 ARI WORTHMAN DIRECTOR OF COLLEGE COUNSELING 40.00 X 147288 0 21020 2146239 0 316936 35 0 1 0 THE MILLER HULL PARTNERSHIP LLP 71 COLUMBIA ST SUITE 600 SEATTLE WA 98104 ARCHITECT 337401 KIRTLEY-COLE ASSOCIATES LLC 2820 OAKES AVENUE SUITE B EVERETT WA 98201 CONSTRUCTION 297961 NORTHWEST SECURITY SERVICES INC 14824 WESTMINSTER WAY N SEATTLE WA 98133 SECURITY 260947 ANM FACILITY SERVICES LLC PO BOX 6355 BELLEVUE WA 98008 JANITORIAL 239379 CAMBRIDGE ASSOCIATES 125 HIGH STREET BOSTON MA 02110 INVESTMENT ADVISORY 214000 5 134463 5128499 1276946 5262962 TUITION FEES 611600 29354124 29354124 AUXILIARY SERVICES 611710 1555134 1555134 30909258 2048435 2048435 280546 0 280546 280546 280546 47211778 250 37752982 620905 9458796 -620655 8838141 8838141 BENEFITS REIMBURSEMENT 900099 17553 17553 REBATES 900099 3245 3245 CASH AWARD 900099 1000 1000 1868 1868 23666 47363008 30909258 0 11190788 7119829 7119829 1936510 525195 1183619 227696 277335 277335 15835329 13706446 1776651 352232 1026244 831296 170932 24016 3020010 2456509 503169 60332 1366661 1102212 223083 41366 57764 848 56916 83774 83774 1332989 1332989 416184 168055 219697 28432 18987 6592 12350 45 2488219 2119515 310354 58350 380259 303325 75559 1375 1486856 1422535 50817 13504 1152310 1083738 67215 1357 75588 55735 19189 664 2072510 1989610 62175 20725 257869 248492 7033 2344 UBI TAXES 1800 1800 DOWNTOWN SCHOOL STARTUP 524851 524851 HOSPITALITY 387215 195409 176783 15023 TUITION EXPENSE 52634 40556 12078 37815 33504 4311 41409542 33686736 6875345 847461 10191274 14764338 9505491 12505743 4642914 3105811 144927 212574 13820 26279 69158 72321 1363585 1316418 86715015 25914443 58619391 60800572 61537406 72251067 158865321 153877540 290884 274804 305244171 319207467 2631560 3318964 2926858 2996335 1029704 887396 166298 527728 6754420 7730423 X 86714129 92506523 69049372 75525830 142726250 143444691 298489751 311477044 305244171 319207467 X 5953466 6981036 52791 X 0 1 X 1 0 X 3190831 6700002 4731023 6107129 5262962 25991947 3190831 6700002 4731023 6107129 5262962 25991947 6796614 19195333 3092987 2241725 2272316 1882427 2328981 11818436 76897 76897 2521 18957 35287 17286 23666 97717 37984997 141972963 0.50530 0.67750 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: REIMBURSEMENTS - 2013 AMOUNT: $ 2,141. 2014 AMOUNT: $ 4,565. 2015 AMOUNT: $ 4,649. 2016 AMOUNT: $ 3,020. 2017 AMOUNT: $ 3,245. FSA FORFEITURES EXCHANGE FUNDS - 2014 AMOUNT: $ 13,402. MISCELLANEOUS INCOME - 2013 AMOUNT: $ 380. 2014 AMOUNT: $ 990. 2015 AMOUNT: $ 833. 2016 AMOUNT: $ 446. 2017 AMOUNT: $ 1,868. US LAKESIDE OUTDOOR PROGRAM - 2015 AMOUNT: $ 29,805. BENEFITS REIMBURSEMENT - 2016 AMOUNT: $ 13,820. 2017 AMOUNT: $ 17,553. CASH AWARD - 2017 AMOUNT: $ 1,000. 0 1 X 213709387 797396 16168833 8107426 222568190 193521555 1033439 27204007 8049614 213709387 207874278 1278804 -7717720 7913807 193521555 214891644 2783668 -2096288 7704746 207874278 189718945 530913 32264258 7622472 214891644 0.04380 0.31930 0.63700 0 0 2118240 2118240 69859959 18777970 51081989 4151340 2336265 1815075 10585476 4800208 5785268 60800572 CHARITABLE REMAINDER TRUSTS 1533341 F ALTERNATIVE INVESTMENTS 152344199 F 153877540 OTHER CURRENT LIABILITIES 527728 527728 46564673 6981036 -7067038 -86002 46650675 1332988 -620655 712333 47363008 33577380 620655 620655 32956725 1332988 7119829 8452817 41409542 PART IV, LINE 2B: LAKESIDE'S AGENCY FUNDS REPRESENT A VARIETY OF ACCOUNTS THAT THE SCHOOL MAINTAINS FOR STUDENT, ALUMNI, AND PARENT ORGANIZATIONS. THE FUNDS ARE GENERALLY MAINTAINED BY THE SCHOOL AND THE TREASURER/ADMINISTRATOR OF THE ORGANIZATION/CLUB DEPOSITS AND WITHDRAWS FUNDS FROM LAKESIDE AS NEEDED. PART V, LINE 4: THE EARNINGS ARE DESIGNATED FOR THE FOLLOWING PURPOSES: FINANCIAL AID FOR STUDENTS, EDUCATIONAL PROGRAMS, EMPLOYEE COMPENSATION AND PROFESSIONAL GROWTH, PURCHASE AND/OR PRESERVATION OF FIXED ASSETS, AND GENERAL OPERATIONS OF THE SCHOOL. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID -7,119,829. CHANGE IN VALUE OF TRUSTS 52,791. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF FIXED ASSETS -620,655. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF FIXED ASSETS 620,655. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 7,119,829. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 WITH OTHER SCHOOLS, THE NOTICE IS PUBLISHED IN THE SPRING IN BOTH MAJOR AND LOCAL NEWSPAPERS IN THE SEATTLE AREA. EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES COMMUNITY SERVICE AND CULTURAL IMMERSION 171330 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES COMMUNITY SERVICE AND CULTURAL IMMERSION 184215 SOUTH AMERICA 0 0 PROGRAM SERVICES COMMUNITY SERVICE AND CULTURAL IMMERSION 111300 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES COMMUNITY SERVICE AND CULTURAL IMMERSION 95943 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENTS N/A 7099160 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS N/A 16935095 0 0 0 0 0 0 24597043 0 24597043 1 0 1 0 0 0 1 FINANCIAL AID FOR TUITION 266 6449106 BOOK VALUE REDUCTION OF FAMILIES' TUITION COST FINANCIAL AID FOR OTHER SCHOOL-RELATED COSTS 266 670723 BOOK VALUE REDUCTION OF GENERAL SCHOOL COSTS PART I, LINE 2: FAMILIES' EXPENSES FOR STUDENTS' TUITION AND OTHER COSTS AT LAKESIDE SCHOOL ARE REDUCED BY AN AMOUNT WHICH IS DERIVED FROM A FORMAL APPLICATION AND CURRENT TAX RETURNS, USING A NATIONAL FINANCIAL AID SERVICE (SSS) FOR CONSISTENT CALCULATION. X X 1 1 X X X X X 0 0 0 0 0 0 0 1 0 BERNIE NOE HEAD OF SCHOOL 440921 0 60139 0 6757 0 18900 0 103058 0 629775 0 0 0 BIRAGE TANDON CHIEF FINANCIAL OFFICER 245264 0 0 0 3316 0 17334 0 10903 0 276817 0 0 0 ELAINE CHRISTENSEN DIRECTOR MIDDLE SCHOOL 181028 0 0 0 5054 0 13206 0 12948 0 212236 0 0 0 BOOTH KYLE ASSOCIATE HEAD/DIR. ADMISSIONS 196591 0 0 0 52998 0 14476 0 12961 0 277026 0 0 0 DAIGA GALINS DIRECTOR OF DEVELOPMENT 194404 0 0 0 4662 0 14516 0 14114 0 227696 0 0 0 ALEXANDRA CALLEN FORMER DIRECTOR UPPER SCHOOL 99407 0 0 0 45708 0 7556 0 7379 0 160050 0 0 0 FELICIA WILKS DIRECTOR UPPER SCHOOL 93314 0 0 0 52110 0 7000 0 485 0 152909 0 0 0 THOMAS RONA MATH TEACHER AND DEPARTMENT HEAD 164696 0 500 0 3596 0 7447 0 12663 0 188902 0 0 0 CHRISTOPHER HARTLEY DIRECTOR OF ATHLETICS 145994 0 0 0 2492 0 10220 0 10750 0 169456 0 0 0 ARI WORTHMAN DIRECTOR OF COLLEGE COUNSELING 145465 0 0 0 1823 0 10264 0 10756 0 168308 0 0 0 PART I, LINE 1A BERNIE NOE, HEAD OF SCHOOL, LIVES IN A CAMPUS HOUSE PROVIDED BY LAKESIDE SCHOOL. A HOUSE MANAGER AND HOUSE CLEANER ARE ALSO PROVIDED. THE VALUE OF HOUSING PROVIDED TO MR. NOE MEETS THE REQUIREMENTS OF IRC SECTION 119 AND THEREFORE IS NOT INCLUDED IN HIS TAXABLE COMPENSATION. PART I, LINE 7 BERNIE NOE, HEAD OF SCHOOL, RECEIVED A BONUS DURING THE YEAR THAT WAS SUBJECT TO THE DISCRETION OF THE BOARD BUT CAPPED AT A FIXED AMOUNT. NA N/A 8250 FINANCIAL AID FINANCIAL AID MARY ANNE CHRISTY SEE PART V 93090 EMPLOYMENT 0 ERIK CHRISTENSEN SEE PART V 100630 EMPLOYMENT 0 COLLEEN KYLE SEE PART V 83615 EMPLOYMENT 0 SCH L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS: (A) NAME OF PERSON: MARY ANNE CHRISTY(B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: FAMILY MEMBER OF MARK KLEBANOFF, BOARD MEMBER SCH L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS: (A) NAME OF PERSON: ERIK CHRISTENSEN(B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: FAMILY MEMBER OF ELAINE CHRISTENSEN, KEY EMPLOYEE SCH L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS: (A) NAME OF PERSON: COLLEEN KYLE(B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: FAMILY MEMBER OF BOOTH KYLE, KEY EMPLOYEE X 41 1276946 FAIR MARKET VALUE 0 0 1 0 PART I, COLUMN (B): THE AMOUNT IN COLUMN (B) REPRESENTS THE NUMBER OF GIFTS RECEIVED FROM DONORS DURING THE YEAR. FORM 990, PART I, LINE 6: VOLUNTEERS PROVIDE SUPPORT FOR EXTRACURRICULAR STUDENT ACTIVITIES AS WELL AS PARENTS AND GUARDIANS ASSOCIATION (PGA) ACTIVITIES. FORM 990, PART V, LINE 3B FORM 990-T WILL BE FILED AFTER FORM 990. LAKESIDE SCHOOL IS INVESTED IN MANY PASS-THROUGH INVESTMENTS THAT GENERATE SCHEDULE K-1S. THE FORM 990-T WILL BE PREPARED ONCE ALL THE K-1S ARE RECEIVED. FORM 990, PART VI, SECTION B, LINE 11B THE COMMITTEE OF THE BOARD RESPONSIBLE FOR OVERSEEING THE SCHOOL'S ASSETS REVIEWS A PUBLIC DISCLOSURE COPY OF THE FORM 990 WITH THE EXTERNAL TAX PREPARER AND THEN VOTES TO ACCEPT IT. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES, HEAD OF SCHOOL, CHIEF FINANCIAL OFFICER, ASSOCIATE HEAD AND DIRECTOR OF ADMISSIONS, UPPER SCHOOL AND MIDDLE SCHOOL DIVISION DIRECTORS AND DIRECTOR OF DEVELOPMENT FILL OUT AND SIGN A DOCUMENT ASSERTING THEY HAVE READ AND UNDERSTOOD THE POLICY AND DISCLOSING THEIR COMPLIANCE. A COMMITTEE OF THE BOARD REVIEWS THE ANNUAL WRITTEN STATEMENTS. THE SAME COMMITTEE RESPONDS TO ANY INDICATION OF NON-COMPLIANCE. ANY TIME THERE IS A CONFLICT OF INTEREST, THE INDIVIDUAL IS EXCUSED FROM THE VOTE ON THE ISSUE. FORM 990, PART VI, SECTION B, LINE 15 THE HEAD OF SCHOOL SIGNED A NEW FIVE YEAR CONTRACT BEGINNING JULY 1, 2015. BASE PAY FOR THIS CONTRACT WAS BENCHMARKED AGAINST TEN NAIS (NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS) PEER SCHOOLS AT THE 67TH PERCENTILE. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF TRUSTS 52,791. 2004 EAST GALER STREET 14050 1ST AVENUE NE SEATTLE WA 98125 611817348 CHARITABLE CONTRIBUTION WA 0 0 LAKESIDE SCHOOL CHARITABLE REMAINDER TRUST (2) INVESTMENTS WA N/A T 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1