2013-03-11T14:17:51-05:00 2012-06-30 911194016 CLARK NUBER PS 10900 NE 4TH STREET SUITE 1700 BELLEVUE WA 98004 990 2011-07-01 910974344 UNIVERSITY PREPARATORY ACADEMY UNIV 2068321107 8000 25TH AVENUE NE SEATTLE WA 98115 SUSAN LANSVERK 2068321107 2013-03-11 1 SARA ELIZABETH J HYRE P00235495 4254544919 2013-03-08 2011 2016-02-25 16:41:14Z ERICA HAMLIN 8000 25TH AVENUE NE SEATTLE WA 98115 15536917 0 X WWW.UNIVERSITYPREP.ORG X 1976 WA INDEPENDENT SCHOOL PROVIDING PRIVATE EDUCATION TO 510 STUDENTS GRADES 6 THRU 12 SINCE 1976. 25 22 225 100 0 0 2489773 998873 13445104 14084719 131821 218446 3673 12707 16070371 15314745 1818762 1962797 0 0 8719078 8887610 0 0 578254 4113577 4453969 14651417 15304376 1418954 10369 43738074 43275216 12270188 11875024 31467886 31400192 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 12702171 1962797 14084719 INDEPENDENT SCHOOL PROVIDING PRIVATE EDUCATION TO 510 STUDENTS GRADES 6 THRU 12 SINCE 1976. ACCREDITED WITH PACIFIC 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. 12702171 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 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 47 0 1 225 1 0 0 0 0 0 1 1 0 0 0 0 X 25 22 1 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 MIKAL THOMSEN 10.00 X X 0 0 0 BOB DAVIDSON 2.00 X X 0 0 0 KORYNNE WRIGHT 12.00 X X 0 0 0 LINDA WALKER 1.00 X X 0 0 0 SPOON DICKEY 1.00 X X 0 0 0 DON BLAKENEY 1.00 X 0 0 0 ELIZABETH CAUSBY-MILES 1.00 X 0 0 0 ARU CHANDORKAR 2.00 X 0 0 0 COLLEEN FERRIS 1.00 X 0 0 0 TERRY FROGGATT 2.00 X 378 0 0 BILL GOLDBERG 1.00 X 0 0 0 LYN HIATT 1.00 X 0 0 0 ROB JOHNSON 1.00 X 0 0 0 PERIS JOYNER 1.00 X 0 0 0 MICHAEL KELLY 1.00 X 0 0 0 GAIL KLEMENCIC 1.00 X 0 0 0 WENDY NAKATSUKASA-ONO 1.00 X 0 0 0 YUVAL NEEMAN 1.00 X 0 0 0 STEVE PELTIN 2.00 X 0 0 0 GARY SHENK 0.50 X 0 0 0 RUTH TRESSEL 5.00 X 0 0 0 SUSIE WU 1.00 X 0 0 0 PATRICIA LANDY 40.00 X 20872 0 4350 TY TALBOT 40.00 X 59830 0 11058 ERICA HAMLIN 55.00 X X 280953 0 23588 SUSAN LANSVERK 50.00 X 166844 0 17927 KENNETH JAFFE 40.00 X 144755 0 16272 MARIANNE PICHA 40.00 X 101855 0 13486 PAUL RUDNICK 40.00 X 120928 0 12979 896415 0 99660 5 0 1 0 SKANSKA USA BUILDING 221 YALE AVENUE SUITE 400 SEATTLE WA 98109 CONTRACTOR SERVICES 1278473 DATEC INC 364 UPLAND DRIVE SEATTLE WA 98188 IT SERVICES 301255 LAKESIDE SCHOOL 14505 1ST AVE NE SEATTLE WA 98125 TRANSPORTATION 136466 3 21835 152527 824511 118082 998873 TUITION AND FEES 611110 14084719 14084719 14084719 235694 235694 50880 40470 10410 10410 10410 17248 -17248 -17248 -17248 156735 152527 163404 -6669 -6669 10000 1050 8950 8950 MISCELLANEOUS 900099 16 16 16 15314745 14084719 0 231153 1962797 1962797 587948 84710 456526 46712 6695273 5811159 609224 274890 406106 352736 36510 16860 677746 560185 87773 29788 520537 423592 74035 22910 18842 18842 43927 43927 94617 94617 233726 229384 4342 47502 40234 4893 2375 1309185 1202647 54194 52344 757047 639397 79202 38448 10924 8999 1645 280 165402 139814 24308 1280 121103 102574 12474 6055 1329218 1125848 136909 66461 BUS PASSES 132654 132654 DUES 58713 35379 18321 5013 STUDENT ACTIVITIES 54651 54651 STAFF RECRUITING 18960 18960 57498 24795 22207 10496 15304376 12702171 2023951 578254 5172995 5268624 1064636 1061630 1957002 1188839 141757 189851 34752792 11044024 23415030 23708768 10497798 10397429 161958 152282 1326898 1307793 43738074 43275216 1185671 1053530 4389743 4368971 5600000 5400000 304377 243502 790397 809021 12270188 11875024 X 23064353 23610345 2508338 1891590 5895195 5898257 31467886 31400192 43738074 43275216 X 10369 -78063 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6816594 82329 57372 130331 120279 6705685 5319058 573966 1151201 121107 106524 6816594 4499538 423914 395606 5319058 5396229 394261 -1094082 120595 76275 4499538 0.09000 0.79000 0.12000 0 0 329072 329072 31644710 9397006 22247704 2543474 1647018 896456 235536 235536 23708768 DEFERRED POST RETIREMENT BENEFITS 579980 RETIREMENT ANNUITY PAYABLE 229041 809021 15314745 15304376 10369 -78063 -78063 -67694 13288285 -78063 -1962797 -2040860 15329145 94617 -109017 -14400 15314745 13355979 109017 109017 13246962 94617 1962797 2057414 15304376 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: 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. PART XII, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID GROUPED WITH REVENUE ON THE FINANCIAL STATEMENTS -1,962,797. PART XII, LINE 4B - OTHER ADJUSTMENTS: DIRECT SPECIAL EVENT EXPENSES NETTED AGAINST REVENUE -50,249. RENTAL EXPENSE NETTED AGAINST REVENUE -40,470. GAMING EXPENSE NETTED AGAINST REVENUE -1,050. GAIN/LOSS ON DISPOSAL OF EXEMPT USE ASSETS -17,248. PART XIII, LINE 2D - OTHER ADJUSTMENTS: DIRECT SPECIAL EVENT EXPENSES NETTED AGAINST REVENUE 50,249. GAMING EXPENSE NETTED AGAINST REVENUE 1,050. RENTAL EXPENSE NETTED AGAINST REVENUE 40,470. GAIN/LOSS ON DISPOSAL OF EXEMPT USE ASSETS 17,248. PART XIII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID GROUPED WITH REVENUE ON THE FINANCIAL STATEMENTS 1,962,797. 1 1 1 1 1 1 1 0 0 0 1 0 0 0 0 0 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 WE JOIN WITH OTHER SCHOOLS ACCREDITED BY THE PACIFIC NORTHWEST ASSOCIATION OF INDEPENDENT SCHOOLS TO ADVERTISE ANNUALLY OUR NONDISCRIMINATORY POLICY IN THE MEDIA FOR THE COMMUNITY WE SERVE. UNIVERSITY PREPARATORY ACADEMY IS SPECIFICALLY LISTED IN THESE ADVERTISEMENTS. EXPLANATION OF RACIAL DISCRIMINATION SCHEDULE E, PART I, LINE 5 FINANCIAL AID IS USED AS AN ENROLLMENT MANAGEMENT TOOL SO RACE IS CONSIDERED BECAUSE WE USE FINANCIAL AID TO BALANCE THE DIVERSITY OF OUR STUDENT POPULATION. 1 SOUTH AMERICA 0 0 PROGRAM SERVICE STUDENT TRAVEL AND EDUCATION PROGRAMS 5619 SOUTH ASIA 0 0 PROGRAM SERVICE STUDENT TRAVEL AND EDUCATION PROGRAMS 5714 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICE STUDENT TRAVEL AND EDUCATION PROGRAMS 14434 0 0 0 0 0 0 25767 0 25767 0 0 0 0 0 0 PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.: SCHEDULE F, 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. PART I, COLUMN F- AMOUNTS ARE BASED ON AN ACCRUAL METHOD OF ACCOUNTING. ANNUAL AUCTION 309262 152527 156735 41981 3300 118123 309262 152527 156735 41981 3300 118123 163404 -6669 1 FINANCIAL AID 95 1903497 BOOK INCLUDES TUITION, FEES, TRANSPORTATION AND LUNCH EXCHANGE STUDENTS 2 54300 BOOK TUITION FOR 2 FOREIGN EXCHANGE STUDENT WELGAN SCHOLARSHIP 1 5000 BOOK RECEIVED AS CREDIT ON TUITION INVOICE PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, 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 0 0 0 0 0 0 0 0 0 ERICA HAMLIN 249953 0 20000 0 11000 0 17150 0 6438 0 304541 0 0 0 SUSAN LANSVERK 166844 0 0 0 0 0 11889 0 6038 0 184771 0 0 0 KENNETH JAFFE 144755 0 0 0 0 0 10234 0 6038 0 161027 0 0 0 PART I, LINE 1A ERICA HAMLIN RECEIVED $5,000 AS HOUSING ALLOWANCE AND $6,000 AS CAR ALLOWANCE. THESE PAYMENTS WERE TREATED AS TAXABLE COMPENSATION. THE DISCRETIONARY SPENDING ACCOUNT IS FOR SCHOOL RELATED EXPENSES AND RECEIPTS ARE PROVIDED. THESE PAYMENTS WERE NOT TREATED AS TAXABLE COMPENSATION. 17150 FINANCIAL AID 18150 FINANCIAL AID X 1 4927 FAIR MARKET VALUE X AUCTION ITEMS 220 113155 COST OR SELLING PRICE 0 0 1 0 METHOD FOR DETERMINING NUMBER OF CONTRIBUTORS: PART I, COLUMN (B): REPRESENTS THE NUMBER OF ITEMS CONTRIBUTED FOR THE AUCTION ITEMS AND THE NUMBER OF CONTRIBUTORS FOR THE SECURITIES. FORM 990, PART I, LINE 6; VOLUNTEERS ORGANIZE THE ANNUAL AUCTION AND SERVE ON COMMITTEES/BOARD AND PARENT COUNCIL ACTIVITIES. 22 MEMBERS OF THE BOARD ALSO SERVE AS VOLUNTEERS. FORM 990, PART VI, SECTION A, LINE 2 MIKAL THOMSEN AND YUVAL NEEMAN HAVE A BUSINESS RELATIONSHIP. 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 EACH YEAR. THEY ARE REVIEWED 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 2010. THE DIRECTOR OF FINANCE'S COMPENSATION IS ESTABLISHED BY THE HEAD OF SCHOOL USING THE SAME PROCESS. THIS PROCESS WAS LAST UNDERTAKEN IN MAY 2012. 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 AND DIRECTOR OF FINANCE ARE CONSIDERED OFFICERS AND RECEIVE COMPENSATION FOR THEIR SERVICES AS CEO AND CFO. COMPENSATED INDIVIDUALS RECUSE THEMSELVES FROM DISCUSSING AND VOTING ON CERTAIN MATTERS PER THE BY-LAWS. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -78,063.