2017-05-08T12:06:19-05:00 2016-06-30 911194016 CLARK NUBER PS 10900 NE 4TH STREET SUITE 1700 BELLEVUE WA 98004 990 2015-07-01 910974344 UNIVERSITY PREPARATORY ACADEMY UNIV 2068321107 8000 25TH AVENUE NE SEATTLE WA 98115 SUSAN LANSVERK CHIEF FINANCIAL OFFICER 2068321107 2017-05-04 1 SARA ELIZABETH J HYRE P00235495 4254544919 2017-05-04 2015 2021-01-29 14:40:06Z MATT LEVINSON 8000 25TH AVENUE NE SEATTLE WA 98115 19812155 0 X WWW.UNIVERSITYPREP.ORG X 1976 WA INDEPENDENT SCHOOL PROVIDING PRIVATE EDUCATION TO 548 STUDENTS GRADES 6 THRU 12 FOUNDED 1976. 29 27 221 150 0 0 1102772 1293321 16671902 17342487 1299564 518562 2928 -504 19077166 19153866 2155621 2249865 0 0 9506135 10601705 0 0 691983 4695704 5086909 16357460 17938479 2719706 1215387 50185663 50641732 12214677 12311167 37970986 38330565 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 14883703 2249865 17342487 INDEPENDENT SCHOOL PROVIDING PRIVATE EDUCATION TO 548 STUDENTS GRADES 6 THRU 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. 14883703 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 1 0 1 0 0 0 1 0 0 0 1 1 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 1 71 0 1 221 1 0 0 0 0 0 1 1 0 0 0 0 X 29 27 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 YUVAL NEEMAN TRUSTEE 2.00 X 0 0 0 SPOON DICKEY PRESIDENT 5.00 X X 0 0 0 BILL CAMPBELL TREASURER 2.00 X X 0 0 0 RUTH TRESSEL SECRETARY 5.00 X X 0 0 0 MATT LEVINSON HEAD OF SCHOOL 60.00 X X 307948 0 18676 WENDY NAKATSUKASA-ONO TRUSTEE 2.00 X 0 0 0 ABHI SHETH TRUSTEE 2.00 X 0 0 0 TERRY FROGGATT TRUSTEE 2.00 X 0 0 0 JULIA CALHOUN TRUSTEE 2.00 X 0 0 0 RITA EGRARI TRUSTEE 2.00 X 0 0 0 SARA KRANWINKLE TRUSTEE 2.00 X 0 0 0 SHAHINA PIYARALI TRUSTEE 2.00 X 0 0 0 TORI RAGEN TRUSTEE 2.00 X 0 0 0 DAVE BEITEL VICE PRESIDENT 4.00 X X 0 0 0 PATRICIA LANDY RETIRED FACULTY/ CURRENT TRUSTEE 2.00 X 0 0 0 GAIL KLEMENCIC TRUSTEE 2.00 X 0 0 0 GARY SHENK TRUSTEE 2.00 X 0 0 0 BILL HESTON TRUSTEE 2.00 X 0 0 0 PATRICIA WASHINGTON TRUSTEE 2.00 X 0 0 0 LINDA WALKER TRUSTEE 2.00 X 0 0 0 KATE MARKS TRUSTEE 2.00 X 0 0 0 SUSIE WU TRUSTEE 2.00 X 0 0 0 PAULA SIMON TRUSTEE 2.00 X 0 0 0 CHRIS BOWN TRUSTEE 2.00 X 0 0 0 KATIE DAVIS TRUSTEE 2.00 X 0 0 0 MARK HORN TREASURER 2.00 X 0 0 0 CARL FAUCHER CURRENT FACULTY/TRUSTEE 40.00 X 70977 0 11378 BROOKS ROMANO TRUSTEE 2.00 X 0 0 0 CHERYL SCOTT TRUSTEE 2.00 X 0 0 0 SUSAN LANSVERK CHIEF FINANCIAL OFFICER 50.00 X 205835 0 20846 KEN JAFFE ASSISTANT HEAD OF SCHOOL 50.00 X 178981 0 19089 MARIANNE PICHA MIDDLE SCHOOL DIRECTOR 50.00 X 122544 0 15299 PAUL RUDNICK DIRECTOR OF DEVELOPMENT 50.00 X 135147 0 16839 KELLY HERRINGTON DIRECTOR OF COLLEGE COUNSELING 50.00 X 121803 0 15017 RICHARD KASSISSIEH ACADEMIC DEAN 50.00 X 122835 0 14966 KATHY MITCHELL O'NEAL DIRECTOR OF ENROLLMENT MANAGEMENT 50.00 X 106038 0 13913 1372108 0 146023 8 0 1 0 LAKESIDE SCHOOL 14505 1ST AVE NE SEATTLE WA 98125 TRANSPORTATION 138063 SEMAPHORE CORPORATION 9675 SE 36TH ST SUITE 110 MERCER ISLAND WA 98040 WIRELESS SERVICES/INSTALLATION 107722 MARTY K INC 13606 NE 20TH ST SUITE 300 SEATTLE WA 98005 JANITORIAL SERVICE 102954 3 8500 558408 726413 59502 1293321 TUITION AND FEES 611110 17269309 17269309 FORFEITED DEPOSITS 611110 37578 37578 APPLICATION FEES 611110 35600 35600 17342487 472499 472499 675422 607051 22308 68371 -22308 46063 46063 24244 558408 24630 -386 -386 4182 4300 -118 -118 19153866 17342487 0 518058 2249865 2249865 869103 289293 527737 52073 7821009 6769537 727272 324200 466739 407962 39571 19206 776297 641990 100617 33690 668557 545767 93905 28885 39867 39867 48616 48616 120469 120469 697731 420974 239067 37690 15957 13515 1644 798 1340697 1192345 73060 75292 790877 669873 81460 39544 26423 23888 1909 626 229618 195579 31720 2319 131389 111287 13533 6569 1299887 1101005 133888 64994 BUS PASSES 132006 132006 DUES 108228 77473 27937 2818 STAFF RECRUITING 38762 38762 STUDENT ACTIVITIES 16453 16453 49929 24891 21759 3279 17938479 14883703 2362793 691983 11196635 13834318 3014188 2823636 657281 647697 7414 -12380 100000 66667 262143 241028 35316072 15701793 20838158 19614279 13061877 12251819 849757 986497 3510 1890 194700 186281 50185663 50641732 981894 1198274 5763064 5876074 4910876 4650000 558843 586819 12214677 12311167 X 28120262 28545716 2955820 2731882 6894904 7052967 37970986 38330565 50185663 50641732 1215387 -855808 0 X 0 1 X 1 0 X 998873 941171 1600534 1102772 1297621 5940971 998873 941171 1600534 1102772 1297621 5940971 280726 5660245 286574 290447 227685 218107 476470 1499283 2281 3449 13681 2928 0 22339 16 91 980 1087 7463680 78627115 0.75840 0.80870 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2011 AMOUNT: $ 16. 2012 AMOUNT: $ 91. 2013 AMOUNT: $ 980. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8977369 184655 -259703 196874 157090 8548357 8837935 167282 303950 155677 176121 8977369 7267561 703652 1153864 147555 139587 8837935 6705685 128224 701158 137299 130207 7267561 6816594 82329 57372 130331 120279 6705685 0.09000 0.75810 0.15190 0 0 329072 329072 32714441 13879528 18834913 2272559 1822265 450294 19614279 DEFERRED POST RETIREMENT BENEFITS 400538 RETIREMENT ANNUITY PAYABLE 186281 586819 15978962 -855808 -2249865 -3105673 19084635 120469 -51238 69231 19153866 15619383 51238 51238 15568145 120469 2249865 2370334 17938479 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 CAMPAIGN FOR ENDOWMENT GAVE DONORS THE ABILITY TO GIVE TO UNRESTRICTED USE, FINANCIAL AID, PROFESSIONAL DEVELOPMENT, FACULTY SALARY SUPPORT, AND INTERNATIONAL EDUCATION. OUR MOST RECENT ENDOWMENT CAMPAIGNS FUNDED THE ERICA AND NASON HAMLIN ENDOWED SCHOLARSHIP FUND AND THE 40TH ANNIVERSARY ENDOWED FINANCIAL AID FUND. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID GROUPED WITH REVENUE ON THE FINANCIAL STATEMENTS -2,249,865. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT SPECIAL EVENT EXPENSES NETTED AGAINST REVENUE -24,630. LOSS ON DISPOSAL NETTED AGAINST REVENUE -22,308. GAMING EXPENSE -4,300. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT SPECIAL EVENT EXPENSES NETTED AGAINST REVENUE 24,630. LOSS ON DISPOSAL NETTED AGAINST REVENUE 22,308. GAMING EXPENSE 4,300. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID GROUPED WITH REVENUE ON THE FINANCIAL STATEMENTS 2,249,865. 1 1 1 1 1 1 1 0 0 0 1 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 WE JOIN WITH OTHER SCHOOLS ACCREDITED BY THE NORTHWEST ASSOCIATION OF INDEPENDENT SCHOOLS TO ADVERTISE ANNUALLY OUR RACIALLY NONDISCRIMINATORY POLICY IN THE MEDIA FOR THE COMMUNITY WE SERVE. UNIVERSITY PREPARATORY ACADEMY IS SPECIFICALLY LISTED IN THESE ADVERTISEMENTS. 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. 1 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 0 PROGRAM SERVICE STUDENT TRAVEL AND EDUCATION PROGRAMS 5000 RUSSIA AND NEIGHBORING STATES 0 0 PROGRAM SERVICE STUDENT TRAVEL AND EDUCATION PROGRAMS 1000 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 PROGRAM SERVICE STUDENT TRAVEL AND EDUCATION PROGRAMS 13000 0 0 0 0 0 0 19000 0 19000 0 0 0 0 0 0 PART I, LINE 2: FUNDS ARE USED FOR OUR GLOBAL EDUCATION TRIPS OUTSIDE THE U.S. THE FUNDS ARE USED FOR HOUSING, FOOD, AND PROGRAM EXPENSES DURING THE TRIPS. SCHEDULE F, PART I, COLUMN F: AMOUNTS ARE BASED ON AN ACCRUAL METHOD OF ACCOUNTING. GALA 582652 558408 24244 20462 3000 1168 582652 558408 24244 20462 3000 1168 24630 -386 1 FINANCIAL AID 79 2186765 BOOK INCLUDES TUITION, FEES, TRANSPORTATION AND LUNCH EXCHANGE STUDENTS 2 63100 BOOK TUITION FOR 2 FOREIGN EXCHANGE STUDENTS 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 0 0 MATT LEVINSON HEAD OF SCHOOL 259615 0 0 0 48333 0 12308 0 6368 0 326624 0 0 0 SUSAN LANSVERK CHIEF FINANCIAL OFFICER 205835 0 0 0 0 0 14478 0 6368 0 226681 0 0 0 KEN JAFFE ASSISTANT HEAD OF SCHOOL 178981 0 0 0 0 0 12721 0 6368 0 198070 0 0 0 PAUL RUDNICK DIRECTOR OF DEVELOPMENT 135147 0 0 0 0 0 10471 0 6368 0 151986 0 0 0 PART I, LINE 1A MATT LEVINSON HAD A DISCRETIONARY SPENDING ACCOUNT FOR SCHOOL RELATED EXPENSES AND RECEIPTS ARE PROVIDED. SOCIAL CLUB MEMBERSHIP WAS ALSO PROVIDED. THESE PAYMENTS WERE NOT TREATED AS TAXABLE COMPENSATION. MATT LEVINSON HEAD OF SCHOOL PURCHASE OF HOME X 100000 66667 0 1 1 66667 40150 FINANCIAL AID FINANCIAL AID GIVEN IN THE NORMAL COURSE. X 1 55202 FAIR MARKET VALUE X RAFFLE ITEMS 10 4300 COST/SELLING PRICE 0 0 1 0 PART I, COLUMN (B): REPRESENTS THE NUMBER OF CONTRIBUTORS OF STOCK AND NUMBER OF CONTRIBUTED RAFFLE ITEMS. FORM 990, PART I, LINE 6; VOLUNTEERS ORGANIZE THE ANNUAL AUCTION AND SERVE ON COMMITTEES/BOARD AND PARENT COUNCIL ACTIVITIES. 27 MEMBERS OF THE BOARD ALSO SERVE AS VOLUNTEERS. FORM 990, PART VI, SECTION B, LINE 11 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 CHIEF FINANCIAL OFFICER 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. THIS PROCESS WAS LAST UNDERTAKEN IN JUNE 2016. THE CHIEF FINANCIAL OFFICER'S 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 JUNE 2016. 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 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 HIS SERVICE AS CEO. COMPENSATED INDIVIDUALS RECUSE THEMSELVES FROM DISCUSSING AND VOTING ON CERTAIN MATTERS PER THE BY-LAWS.