2016-11-15T12:08:36-06:00 2016-06-30 911194016 CLARK NUBER PS 10900 NE 4TH STREET SUITE 1700 BELLEVUE WA 98004 990 2015-07-01 910564971 LAKESIDE SCHOOL LAKE 2063683610 14050 1ST AVE NE SEATTLE WA 98125 BIRAGE TANDON CHIEF FINANCIAL OFFICER 2063683610 2016-11-15 1 SARA ELIZABETH J HYRE P00235495 4254544919 2016-11-14 2015 2017-02-10 21:41:12Z BERNIE NOE 14050 1ST AVE NE SEATTLE WA 98125 51234509 0 X WWW.LAKESIDESCHOOL.ORG X 1923 WA TO EDUCATE STUDENTS IN GRADES 5-12. 18 17 510 1350 0 0 6700002 4731023 27114293 28558050 14185155 3538451 215774 363046 48215224 37190570 6389264 6557127 0 0 21210218 22513441 0 0 814208 11165077 11069644 38764559 40140212 9450665 -2949642 292907029 279342002 7988349 6859780 284918680 272482222 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.MISSION FOCUS: LAKESIDE SCHOOL FOSTERS THE DEVELOPMENT OF CITIZENS CAPABLE OF AND COMMITTED TO INTERACTING COMPASSIONATELY, ETHICALLY, AND SUCCESSFULLY WITH DIVERSE PEOPLES AND CULTURES TO CREATE A MORE HUMANE, SUSTAINABLE GLOBAL SOCIETY. THIS FOCUS TRANSFORMS OUR LEARNING AND OUR WORK TOGETHER. 0 0 28358770 6557127 26825332 LAKESIDE SCHOOL CONTINUES ITS FOCUS ON CORE ELEMENTS OF ITS MISSION: ACADEMIC EXCELLENCE, DIVERSITY, AND GLOBAL EDUCATION. THE SIGNIFICANT ONGOING PROGRAMS AT THE SCHOOL THIS YEAR INCLUDE THE FOLLOWING:- A MAJOR REVIEW OF THE CURRICULUM INCLUDING A THREE YEAR INITIATIVE IN WHICH TEACHERS AND DEPARTMENT HEADS WILL WORK WITH ADMINISTRATORS, PARENTS AND GUARDIANS, AND STUDENTS TO REVIEW WHAT WE ARE TEACHING AND WHY. DEPARTMENTS WITH OVERSIGHT FROM SCHOOL LEADERSHIP AND BOARD OF TRUSTEES WILL MAKE CHANGES TO THE CURRICULUM DEEMED NECESSARY TO CONTINUE TO OFFERING A LEADING EDGE EDUCATION FOR THE 21ST CENTURY. - 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.- INCREASED DIVERSITY OF THE SCHOOL'S STUDENT BODY AND EMPLOYEES. LAKESIDE NOW HAS 30% OF STUDENTS ON AID, 50% STUDENTS OF COLOR AND 23% EMPLOYEES OF COLOR.- COMPLETION OF A FACILITIES MASTER PLANNING EFFORT AND THE LAUNCH OF A PERFORMING ARTS INITIATIVE, WHICH IS FOCUSED ON BOTH FACILITIES AND PROGRAM ENHANCEMENTS IN THE AREAS OF MUSIC, DRAMA, AND CHOIR. 2135180 1702913 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.LAKESIDE BOOK STORES PROVIDE THE TOOLS FOR LEARNING: LAPTOP COMPUTERS FOR GRADES 7-12, AND FOR ALL STUDENTS AND TEACHERS TEXTBOOKS (NEW AND USED) AND SUPPLIES TO USE IN CLASSWORK AND PROJECTS. 1867530 OTHER - DEPRECIATION EXPENSE INCURRED RELATING TO PROGRAM ACTIVITIES. 29805 OUTDOOR TRIP PROGRAM - LAKESIDE'S OUTDOOR PROGRAM IS REQUIRED FOR EACH STUDENT TO GRADUATE. THROUGH OUTDOOR EDUCATION, STUDENTS LEARN NEW SKILLS, GAIN SELF-CONFIDENCE, REFLECT ON THEIR RESPONSIBILITY TO THE NATURAL WORLD, AND BUILD MEANINGFUL RELATIONSHIPS. 29805 32361480 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 1 1 1 0 0 0 0 1 0 1 1 1 0 0 0 0 1 0 0 0 1 X 90 0 1 510 1 1 0 0 0 0 0 0 0 0 0 0 X 18 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X BIRAGE TANDON 2063683610 14050 1ST AVE NE SEATTLE WA 98125 THEILINE WYCKOFF CRAMER CHAIR 12.00 0.00 X X 0 0 0 PETER POLSON PAST CHAIR 2.00 0.00 X X 0 0 0 NATASHA SMITH JONES VICE CHAIR 5.00 0.00 X X 0 0 0 STEPHEN V SUNDBORG SJ SECRETARY 3.00 0.00 X X 0 0 0 MARK KLEBANOFF TREASURER 3.00 0.00 X X 0 0 0 RODNEY BENCH TRUSTEE 2.00 0.00 X 0 0 0 CARMEN BEST TRUSTEE 2.00 0.00 X 0 0 0 ROBERT M HELSELL TRUSTEE 2.00 0.00 X 0 0 0 LYNN HOGAN TRUSTEE 2.00 0.00 X 0 0 0 MICHAEL LARSON TRUSTEE 2.00 0.00 X 0 0 0 MONA LEE LOCKE TRUSTEE 2.00 0.00 X 0 0 0 CONNIE MAO TRUSTEE 2.00 0.00 X 0 0 0 WENDY RUPPEL TRUSTREE 2.00 0.00 X 0 0 0 CAREY CRUTCHER SMITH TRUSTEE 2.00 0.00 X 0 0 0 EDWARD TAYLOR TRUSTEE 2.00 0.00 X 0 0 0 BERTRAND VALDMAN TRUSTEE 2.00 0.00 X 0 0 0 DAVID WILEY TRUSTEE 2.00 0.00 X 0 0 0 CRYSTAL ONDO TRUSTEE 2.00 0.00 X 0 0 0 BERNIE NOE HEAD OF SCHOOL 75.00 0.00 X 467636 0 113369 BIRAGE TANDON CHIEF FINANCIAL OFFICER 65.00 0.00 X 231697 0 23948 ALEXANDRA CALLEN DIRECTOR UPPER SCHOOL 65.00 0.00 X 283495 0 21383 ELAINE CHRISTENSEN DIRECTOR MIDDLE SCHOOL 60.00 0.00 X 174069 0 19504 DAIGA GALINS DIRECTOR OF DEVELOPMENT 50.00 0.00 X 188889 0 21286 BOOTH KYLE ASS'T HEAD/DIR. ADMISSIONS 65.00 0.00 X 177675 0 19549 THOMAS RONA MATH TEACHER AND DEPARTMENT HEAD 40.00 0.00 X 164270 0 14729 CHRISTOPHER HARTLEY DIRECTOR OF ATHLETICS 40.00 0.00 X 139427 0 17709 JOHN NEWSOM DIRECTOR OF TECHNOLOGY 40.00 0.00 X 135024 0 17807 BRYAN J SMITH UPPER SCHOOL ASSOCIATE DIRECTOR 40.00 0.00 X 125498 0 16039 SUE BELCHER DIR. SUMMER PROG./MICRO SCHOOL R&D 40.00 0.00 X 117138 0 16215 2204818 0 301538 30 0 1 0 NORTHWEST SECURITY SERVICES INC 14824 WESTMINISTER WAY N SEATTLE WA 98133 SECURITY 267115 ANM FACILITY SERVICES LLC PO BOX 6355 BELLEVUE WA 98008 JANITORIAL 236647 CAMBRIDGE ASSOCIATES 125 HIGH STREET BOSTON MA 02110 INVESTMENT ADVISORY SERVICES 209898 WIRELESS APPLICATIONS CONSULTING PO BOX 2154 OREGON CITY OR 97045 TECHNOLOGY SERVICES 121416 4 23000 4708023 1297421 4731023 TUITION FEES 611600 26825332 26825332 AUXILIARY SERVICES 611710 1702913 1702913 OUTDOOR TRIP PROGRAM 611710 29805 29805 28558050 2048700 2048700 223616 0 223616 223616 223616 15533690 14043939 1489751 1489751 1489751 BUS EXCHANGE INCOME 900099 133950 133950 REBATES 900099 4649 4649 831 831 139430 37190570 28558050 0 3901497 100000 100000 6457127 6457127 1579251 411621 961165 206465 272396 245376 27020 15744807 13364092 2035331 345384 960990 821100 116654 23236 2675109 2300128 302045 72936 1280888 1042888 198201 39799 52109 46874 5235 40354 40354 61450 61450 1993145 1993145 208670 66513 140825 1332 25498 2573 22925 2655568 2343560 268666 43342 394408 331309 63099 1964762 1493104 423418 48240 923631 838637 82163 2831 143340 128830 14040 470 1945343 1867530 58360 19453 250253 241136 6909 2208 HOSPITALITY 268753 136099 124142 8512 SUMMER PROGRAMS 90253 90253 TUITION EXPENSE 30855 30855 UBI TAXES 14638 14638 6614 1875 4739 40140212 32361480 6964524 814208 13985678 13646725 12400530 6751953 5277180 4761625 119082 123176 50000 0 227144 60552 1402384 1093577 81312060 22424906 59290180 58887154 56797581 52599468 142864812 141028804 492458 388968 292907029 279342002 2604022 2656738 4323790 3046139 768514 973121 292023 183782 7988349 6859780 X 79245253 79885923 65177016 51155991 140496411 141440308 284918680 272482222 292907029 279342002 X -2949642 -9475013 -11803 X 0 1 X 1 0 X 7824610 18250296 3190831 6700002 4731023 40696762 7824610 18250296 3190831 6700002 4731023 40696762 3318449 37378313 3539552 2936130 3092987 2241725 2272316 14082710 76897 76897 53 99 2521 18957 35287 56917 54913286 128533076 0.68070 0.68040 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 207874278 1278804 -7717720 7913807 193521555 214891644 2783668 -2096288 7704716 207874278 189718945 530913 32264258 7622472 214891644 178081985 941613 17583782 6888435 189718945 188604807 1023079 -4906451 6639450 178081985 0.04690 0.72320 0.22990 0 0 1580240 1580240 69010810 16069528 52941282 3767649 2059338 1708311 6953361 4296040 2657321 58887154 CHARITABLE REMAINDER TRUSTS 1082908 F ALTERNATIVE INVESTMENTS 139945896 F 141028804 OTHER CURRENT LIABILITIES 183782 183782 19238844 -9475013 -8476713 -17951726 37190570 0 37190570 31675302 0 31675302 2007783 6457127 8464910 40140212 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 -6,457,127. CHANGE IN VALUE OF TRUSTS 8,197. WRITEOFF OF PRIOR YEAR PLEDGES -20,000. INVESTMENT EXPENSES -2,007,783. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 6,457,127. 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 98358 SOUTH ASIA 0 0 PROGRAM SERVICES COMMUNITY SERVICE AND CULTURAL IMMERSION 50859 SOUTH AMERICA 0 0 PROGRAM SERVICES COMMUNITY SERVICE AND CULTURAL IMMERSION 93570 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES COMMUNITY SERVICE AND CULTURAL IMMERSION 43810 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES COMMUNITY SERVICE AND CULTURAL IMMERSION 108775 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENTS N/A 5417713 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS N/A 14007976 0 0 0 0 0 0 19821061 0 19821061 0 0 1 0 0 0 1 RAINIER SCHOLARS 2100 24TH AVENUE S SUITE 360 SEATTLE WA 98144 912045918 501(C)(3) 100000 0 CAPITAL PROJECT 1 0 FINANCIAL AID FOR TUITION 251 5721515 BOOK VALUE REDUCTION OF FAMILIES' TUITION COST FINANCIAL AID FOR OTHER SCHOOL-RELATED COSTS 251 735612 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 403056 0 57929 0 6651 0 18550 0 94819 0 581005 0 0 0 BIRAGE TANDON CHIEF FINANCIAL OFFICER 227984 0 0 0 3713 0 16795 0 7153 0 255645 0 0 0 ALEXANDRA CALLEN DIRECTOR UPPER SCHOOL 199404 0 0 0 84091 0 14770 0 6613 0 304878 0 0 0 ELAINE CHRISTENSEN DIRECTOR MIDDLE SCHOOL 171330 0 0 0 2739 0 12457 0 7047 0 193573 0 0 0 DAIGA GALINS DIRECTOR OF DEVELOPMENT 185176 0 0 0 3713 0 13823 0 7463 0 210175 0 0 0 BOOTH KYLE ASS'T HEAD/DIR. ADMISSIONS 173259 0 0 0 4416 0 12599 0 6950 0 197224 0 0 0 THOMAS RONA MATH TEACHER AND DEPARTMENT HEAD 96449 0 500 0 67321 0 7193 0 7536 0 178999 0 0 0 CHRISTOPHER HARTLEY DIRECTOR OF ATHLETICS 138427 0 0 0 1000 0 9679 0 8030 0 157136 0 0 0 JOHN NEWSOM DIRECTOR OF TECHNOLOGY 134024 0 0 0 1000 0 9490 0 8317 0 152831 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. THOMAS RONA RECEIVED AN ANNUAL MERIT BONUS DURING THE YEAR. NA N/A 35852 FINANCIAL AID FINANCIAL AID MARY ANNE CHRISTY SEE PART V 75334 EMPLOYMENT 0 JAMES BAILEY SEE PART V 14520 EMPLOYMENT 0 ERIK CHRISTENSEN SEE PART V 94552 EMPLOYMENT 0 COLLEEN KYLE SEE PART V 75490 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: JAMES BAILEY(B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: FAMILY MEMBER OF ALEXANDRA CALLEN, KEY EMPLOYEE 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 48 1297421 FAIR MARKET VALUE 0 0 1 0 PART I, COLUMN (B): THE AMOUNT FOR NUMBER OF CONTRIBUTORS REPRESENTS TOTAL 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 PARTICIPATE IN ORGANIZING FUNDRAISING SALES. 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 11 THE COMMITTEE OF THE BOARD RESPONSIBLE FOR OVERSEEING THE SCHOOL'S ASSETS REVIEWS A COPY OF THE FORM 990 WITH THE EXTERNAL TAX PREPARER AND THEN VOTES TO ACCEPT IT. EVERY TRUSTEE THEN RECEIVES A COPY OF THE RETURN BEFORE THE FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES, HEAD OF SCHOOL, CHIEF FINANCIAL OFFICER, ASSISTANT 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 8,197. WRITEOFF OF PRIOR YEAR PLEDGES -20,000. 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