2014-11-03T18:21:32-06:00 2014-06-30 911194016 CLARK NUBER PS 10900 NE 4TH STREET SUITE 1700 BELLEVUE WA 98004 990 2013-07-01 910564971 LAKESIDE SCHOOL LAKE 2063683610 14050 1ST AVE NE SEATTLE WA 98125 BIRAGE TANDON CHIEF FINANCIAL OFFICER 2063683610 2014-11-03 1 SARA ELIZABETH J HYRE P00235495 4254544919 2014-11-03 2013 2015-11-30 17:44:51Z BERNIE NOE 14050 1ST AVE NE SEATTLE WA 98125 46966634 0 X WWW.LAKESIDESCHOOL.ORG X 1923 WA TO EDUCATE STUDENTS IN GRADES 5-12. 20 19 509 1350 0 0 18250296 3190831 24117111 25657877 954919 6896582 139997 144144 43462323 35889434 5498181 5903312 0 0 20790086 21171828 0 0 767905 9768672 9984372 36056939 37059512 7405384 -1170078 272213177 297487254 8439241 7681761 263773936 289805493 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 26164121 5903312 23955087 LAKESIDE SCHOOL CONTINUES ITS FOCUS ON CORE ELEMENTS OF ITS MISSION: ACADEMIC EXCELLENCE, DIVERSITY, AND GLOBAL EDUCATION. THE MAJOR ONGOING PROGRAMS AT THE SCHOOL THIS YEAR INCLUDED THE FOLLOWING:- COLLABORATION AMONG TEACHING TEAMS AND EXTENSIVE OPPORTUNITIES FOR FACULTY PROFESSIONAL DEVELOPMENT TO ENHANCE THE CLASSROOM EXPERIENCE FOR EVERY STUDENT. - UNDERTAKING A MAJOR REVIEW OF THE CURRICULUM IN MIDDLE AND UPPER SCHOOLS. THIS IS 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. WITH OVERSIGHT FROM SCHOOL LEADERSHIP, INCLUDING THE BOARD OF TRUSTEES, DEPARTMENTS WILL MAKE CHANGES TO THE CURRICULUM WE DEEM NECESSARY TO CONTINUE TO OFFER OUR STUDENTS A LEADING EDGE EDUCATION FOR THE 21ST CENTURY. - BRINGING MORE ONLINE RESOURCES INTO THE CLASSROOM AND CONTINUING THE FOCUS ON FLIPPED CLASSES.- WORK ON NEW ATHLETIC CENTER BUILDING PROJECT STARTED. PLANNING AND DESIGN, ENTITLEMENT/PERMITTING AND FUNDRAISING IS COMPLETED. CONSTRUCTION IS ALMOST COMPLETE. - A RICH ARRAY OF SUMMER ACADEMIC COURSES AND ATHLETIC CAMPS AS WELL AS THE LAKESIDE EXPERIENTIAL EDUCATIONAL PROGRAM (LEEP) SERVING INCOMING 9TH GRADERS IN THE SEATTLE PUBLIC SCHOOLS PROVIDES GREATER ACCESS TO LAKESIDE'S CAMPUS AND OPPORTUNITIES.- SEEKING TO IMPROVE THE DIVERSITY OF ITS STUDENT BODY AND EMPLOYEES, LAKESIDE NOW HAS 30% OF STUDENTS ON AID, 50% STUDENTS OF COLOR AND 23% EMPLOYEES OF COLOR. 1982521 1702790 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. 1474813 OTHER - DEPRECIATION EXPENSE INCURRED RELATING TO PROGRAM ACTIVITIES. 29621455 1 1 0 0 0 0 0 0 1 1 1 1 0 0 1 0 1 0 1 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 1 1 1 0 0 0 0 1 1 0 0 0 1 X 90 0 1 509 1 1 0 1 BE BR CA JA PL UK 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 X BIRAGE TANDON 2063683610 14050 1ST AVE NE SEATTLE WA 98125 CONNIE BALMER PAST CHAIR 2.00 0.00 X X 0 0 0 PETER M POLSON CHAIR 12.00 0.00 X X 0 0 0 STEPHEN V SUNDBORG SJ SECRETARY 3.00 0.00 X X 0 0 0 ROBERT HELSELL TRUSTEE 2.00 0.00 X 0 0 0 CHRISTOPHER H ACKERLEY TRUSTEE 2.00 0.00 X 0 0 0 RODNEY A BENCH TRUSTEE 2.00 0.00 X 0 0 0 MICHAEL LARSON TRUSTEE 2.00 0.00 X 0 0 0 THEILINE WYCKOFF CRAMER VICE CHAIR 5.00 0.00 X X 0 0 0 KELLI CURTIS TRUSTEE 2.00 0.00 X 0 0 0 ARTEMIOS PANOS TRUSTEE 2.00 0.00 X 0 0 0 CAREY CRUTCHER SMITH TRUSTEE 2.00 0.00 X 0 0 0 LYNN HOGAN TRUSTEE 2.00 0.00 X 0 0 0 NATASHA SMITH JONES TRUSTEE 2.00 0.00 X 0 0 0 MARK KLEBANOFF TREASURER 3.00 0.00 X X 0 0 0 HENRY L KOTKINS TRUSTEE 2.00 0.00 X 0 0 0 CONNIE MAO TRUSTEE 2.00 0.00 X 0 0 0 CHARLES STEVENS 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 W WILEY TRUSTEE 2.00 0.00 X 0 0 0 BERNIE NOE HEAD OF SCHOOL 70.00 0.00 X 425076 0 99049 BIRAGE TANDON CHIEF FINANCIAL OFFICER 60.00 0.00 X 191122 0 22163 ALEXANDRA CALLEN DIR. UPPER SCHOOL 60.00 0.00 X 160136 0 19994 DAIGA GALINS DIRECTOR OF DEVELOPMENT 50.00 0.00 X 174630 0 21008 THOMAS RONA DEPARTMENT HEAD 40.00 0.00 X 150210 0 19299 ELAINE CHRISTENSEN MIDDLE SCHOOL DIRECTOR 40.00 0.00 X 174206 0 20978 JOHN NEWSOM DIRECTOR OF TECHNOLOGY 40.00 0.00 X 127856 0 17734 ABRAM WEHMILLER ATHLETICS DIRECTOR 40.00 0.00 X 134415 0 18193 BOOTH KYLE ASS'T HEAD/DIR. ADMISSIONS 40.00 0.00 X 149030 0 19216 NATHANIEL HEALY FORMER ASS'T HEAD/DIR. UPPER SCHOOL 60.00 0.00 X 122447 0 17355 1809128 0 274989 19 1 1 0 LEASE CRUTCHER LEWIS 107 SPRING STREET SEATTLE WA 98104 CONSTRUCTION 13947568 LMN ARCHITECTS 801 2ND AVE SUITE 501 SEATTLE WA 98104 ARCHITECT 790704 NORTHWEST SECURITY SERVICES INC 14824 WESTMINISTER WAY N SEATTLE WA 98133 SECURITY 258791 SENECA REAL ESTATE GROUP INC 1191 SECOND AVE SUITE 1500 SEATTLE WA 98101 PROJECT MANAGEMENT 199385 CAMBRIDGE ASSOCIATES LLC 125 HIGH STREET BOSTON MA 02110 INVESTMENT ADVISORY SERVICES 191997 9 3190831 257966 3190831 TUITION FEES 611600 23955087 23955087 AUXILIARY SERVICES 611710 1702790 1702790 25657877 2951364 2951364 141623 0 141623 141623 141623 15022418 11074673 2527 3947745 -2527 3945218 3945218 REBATES 900099 2141 2141 OTHER INCOME 900099 380 380 2521 35889434 25657877 0 7040726 5903150 5903150 162 162 1167068 306537 717430 143101 63572 63572 15112038 12870659 1896167 345212 1006109 792818 171878 41413 2645016 2170917 394346 79753 1178025 957991 184829 35205 10853 10853 122429 6788 115641 54020 54020 2124352 2124352 178204 34470 142854 880 32631 12234 20397 2485481 2155644 275044 54793 273179 234029 39150 1859736 1625837 194053 39846 589210 516932 71608 670 130689 109567 20854 268 1536264 1474813 46088 15363 250427 226109 22105 2213 336897 159226 168483 9188 37059512 29621455 6670152 767905 12717939 10066188 8963180 10509286 17661395 5856722 269331 197935 265914 272229 768810 998618 80910972 20971667 45513979 59939305 139598629 148668820 45629004 60353060 824996 625091 272213177 297487254 3799025 2570798 3788798 4006321 705549 903252 145869 201390 8439241 7681761 X 63233484 78202277 63514339 74181661 137026113 137421555 263773936 289805493 272213177 297487254 X -1170078 27283109 -81474 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 189718945 530913 33264258 7622472 215891644 178081985 941613 17583782 6888435 189718945 188604807 1023079 -4906451 6639450 178081985 159138394 868104 34345132 5746823 188604807 150526016 1934859 12778375 6100856 159138394 0.05020 0.63320 0.31660 0 0 992240 992240 68038343 13426864 54611479 5469468 4243963 1225505 6410921 3300840 3110081 59939305 INFLATION PROTECTION ASSETS 30530896 F CHARITABLE REMAINDER TRUSTS 694866 F ALTERNATIVE INVESTMENTS 15205354 F PRIVATE EQUITY 13921944 F 60353060 OTHER CURRENT LIABILITIES 201390 201390 55063567 27283109 -8108976 19174133 35889434 0 35889434 29032010 0 29032010 8027502 8027502 37059512 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 IN COMMERCIAL PAPER ACCOUNTS, 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. THE AMOUNT REPORTED FOR CONTRIBUTIONS IN THE PRIOR YEAR (COLUMN B) HAS BEEN REVISED TO CORRECT AN INPUT ERROR ON THE PRIOR YEAR TAX RETURN. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID -5,903,150. CHANGE IN VALUE OF TRUSTS 1,026. INVESTMENT EXPENSES -2,124,352. WRITEOFF OF PRIOR YEAR PLEDGES -82,500. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 5,903,150. INVESTMENT EXPENSES 2,124,352. 1 1 1 1 1 1 1 0 0 0 1 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. SCHEDULE E, PART I, LINE 5 SOME SCHOLARSHIPS ARE AWARDED TO STUDENTS DURING THE YEAR BASED ON RACE. SUCH SCHOLARSHIPS ARE DESIGNED TO PROMOTE THE SCHOOL'S RACIALLY NONDISCRIMINATORY POLICY AND DO NOT DEROGATE FROM SUCH POLICY. 1 SUB-SAHARAN AFRICA 0 3 PROGRAM SERVICES COMMUNITY SERVICE AND CULTURAL IMMERSION 20000 CENTRAL AMERICA AND THE CARIBBEAN 0 3 PROGRAM SERVICES COMMUNITY SERVICE AND CULTURAL IMMERSION 17000 EAST ASIA AND THE PACIFIC 0 3 PROGRAM SERVICES COMMUNITY SERVICE AND CULTURAL IMMERSION 16000 EUROPE (INCLUDING ICELAND AND GREENLAND) 0 3 PROGRAM SERVICES COMMUNITY SERVICE AND CULTURAL IMMERSION 18000 MIDDLE EAST AND NORTH AFRICA 0 3 PROGRAM SERVICES COMMUNITY SERVICE AND CULTURAL IMMERSION 22000 NORTH AMERICA 0 3 PROGRAM SERVICES COMMUNITY SERVICE AND CULTURAL IMMERSION 2500 SOUTH AMERICA 0 3 PROGRAM SERVICES COMMUNITY SERVICE AND CULTURAL IMMERSION 58000 SOUTH ASIA 0 3 PROGRAM SERVICES COMMUNITY SERVICE AND CULTURAL IMMERSION 28000 EUROPE (INCLUDING ICELAND AND GREENLAND) 0 0 INVESTMENTS N/A 5402086 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS N/A 13839632 0 24 0 0 0 24 181500 19241718 19423218 0 0 1 0 0 0 PART I, LINE 2: THESE GIFTS ARE GIVEN DURING A MONTH LONG STAY BY STUDENTS AND TEACHERS. IF THE IMPACT IS NOT IMMEDIATE, THEN THE FOLLOWING YEAR'S VISIT WILL CHECK ON THE IMPACT. 1 FINANCIAL AID FOR TUITION 246 0 5067715 BOOK VALUE REDUCTION OF FAMILIES' TUITION COST FINANCIAL AID FOR OTHER SCHOOL-RELATED COSTS 246 0 835435 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 369286 0 55790 0 0 0 17500 0 81549 0 524125 0 0 0 BIRAGE TANDON CHIEF FINANCIAL OFFICER 186122 0 5000 0 0 0 13379 0 8784 0 213285 0 0 0 ALEXANDRA CALLEN DIR. UPPER SCHOOL 122264 0 0 0 37872 0 11210 0 8784 0 180130 0 0 0 DAIGA GALINS DIRECTOR OF DEVELOPMENT 174630 0 0 0 0 0 12224 0 8784 0 195638 0 0 0 THOMAS RONA DEPARTMENT HEAD 150210 0 0 0 0 0 10515 0 8784 0 169509 0 0 0 ELAINE CHRISTENSEN MIDDLE SCHOOL DIRECTOR 174206 0 0 0 0 0 12194 0 8784 0 195184 0 0 0 ABRAM WEHMILLER ATHLETICS DIRECTOR 134415 0 0 0 0 0 9409 0 8784 0 152608 0 0 0 BOOTH KYLE ASS'T HEAD/DIR. ADMISSIONS 145030 0 0 0 4000 0 10432 0 8784 0 168246 0 0 0 NATHANIEL HEALY FORMER ASS'T HEAD/DIR. UPPER SCHOOL 122447 0 0 0 0 0 8571 0 8784 0 139802 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. BIRAGE TANDON, CHIEF FINANCIAL OFFICER, RECEIVED A BONUS DURING THE YEAR AS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD. MARY ANNE CHRISTY SEE PART V 59470 EMPLOYMENT 0 LEASE CRUTCHER LEWIS SEE PART V 13947568 SEE PART V 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: LEASE CRUTCHER LEWIS(B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: ENTITY WHICH FAMILY MEMBER OF CARY CRUTCHER SMITH, BOARD MEMBER, SERVED AS AN OFFICER DURING THE YEAR(D) DESCRIPTION OF TRANSACTION: CONSTRUCTION X 42 257966 FAIR MARKET VALUE 0 0 1 0 PART I, COLUMN (B): THE AMOUNT FOR NUMBER OF CONTRIBUTORS REPRESENTS TOTAL NUMBER OF STOCK GIFTS RECEIVED FROM DONORS DURING THE YEAR. FORM 990, PART I, LINE 6: LAKESIDE SCHOOL SERVES OVER 810 STUDENTS, MANY OF WHOSE PARENTS/GUARDIANS AS WELL AS SEVERAL ALUMNI AND THEIR PARENTS/GUARDIANS VOLUNTEER AT THE SCHOOL. INDIVIDUALS SERVE ON LEADERSHIP BOARDS FOR GOVERNANCE, ADVANCEMENT AND STEWARDSHIP, AND COMMUNITY BUILDING. MANY VOLUNTEERS HELP WITH FUNDRAISING OF VARIOUS KINDS AND LEAD AND SUPPORT IN SCHOOL AND FAMILY ACTIVITIES AND EVENTS. 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 PUBLIC DISCLOSURE COPY OF THE FORM 990 WITH THE EXTERNAL TAX PREPARER AND THEN VOTES TO ACCEPT IT. EVERY TRUSTEE THEN RECEIVES A PUBLIC DISCLOSURE COPY OF THE RETURN BEFORE THE FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES, THE HEAD OF SCHOOL, BUSINESS OFFICER, ASSISTANT HEADS/SCHOOL ADMINISTRATORS, DIRECTOR OF ADMISSIONS 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 BOTH THE DISCUSSION AS WELL AS THE VOTE ON THE ISSUE. FORM 990, PART VI, SECTION B, LINE 15 DURING 2011, A CONSULTANT HIRED BY THE BOARD OF TRUSTEES REVIEWED THE COMPENSATION FOR COMPARABLE HEAD OF SCHOOL POSITIONS IN INDEPENDENT SCHOOLS NATIONALLY AND LOCALLY. THIS INFORMATION IS FOR A 5 YEAR CONTRACT BEGINNING JULY 1, 2012. 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 1,026. WRITEOFF OF PRIOR YEAR PLEDGES -82,500. LAKESIDE PERU 14050 1ST AVENUE NE SEATTLE WA 98125 EDUCATION PE 501(C)(3) LINE 2 LAKESIDE SCHOOL 1 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