2012-05-04T14:34:48-05:00 2011-06-30 CLARK NUBER PS 10900 NE 4TH STREET SUITE 1700 BELLEVUE WA 98004 990 2010-07-01 910974344 UNIVERSITY PREPARATORY ACADEMY UNIV 2068321107 8000 25TH AVENUE NE SEATTLE WA 98115 SUSAN LANSVERK 2068321107 2012-04-01 1 SARA ELIZABETH J HYRE 4254544919 2010 2016-02-24 21:20:13Z ERICA HAMLIN 8000 25TH AVENUE NE SEATTLE WA 98115 16348732 0 X WWW.UNIVERSITYPREP.ORG X 1976 WA INDEPENDENT SCHOOL PROVIDING PRIVATE EDUCATION TO 500 STUDENTS GRADES 6 THRU 12 SINCE 1976. 26 23 206 100 0 0 3808432 2489773 12481753 13445104 124522 131821 1188 3673 16415895 16070371 1706510 1818762 0 0 8327686 8719078 0 0 600366 3569929 4113577 13604125 14651417 2811770 1418954 40292841 43738074 11983000 12270188 28309841 31467886 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 12316621 1818762 13445104 UNIVERSITY PREPARATORY ACADEMY (U PREP) IS AN INDEPENDENT SCHOOL PROVIDING PRIVATE EDUCATION TO 500 STUDENTS GRADES 6 THRU 12 SINCE 1976. U PREP IS ACCREDITED WITH THE PACIFIC NORTHWEST ASSOCIATION OF INDEPENDENT SCHOOLS AND THE STATE OF WASHINGTON. U PREP IS COMMITTED TO DEVELOPING EACH STUDENT'S POTENTIAL TO BECOME AN INTELLECTUALLY COURAGEOUS AND SOCIALLY RESPONSIBLE CITIZEN OF THE WORLD. 12316621 1 1 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 42 0 1 206 1 0 0 0 0 0 1 1 0 0 0 0 X 26 23 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 1 1 0 WA X SUSAN LANSVERK 2068321103 8000 25TH AVENUE NE SEATTLE WA 98115 X MIKAL THOMSEN 4.00 X X 0 0 0 ROBERT LIPMAN 1.00 X X 0 0 0 BOB DAVIDSON 2.50 X X 0 0 0 WATSON BLAIR 3.00 X X 0 0 0 SPOON DICKEY 1.00 X X 0 0 0 KATIE DRISCOLL 4.00 X 0 0 0 KAREN SIMMONDS 2.00 X 0 0 0 TERRY FROGGATT 1.00 X 252 0 0 PATRICIA LANDY 40.00 X 45113 0 8837 BRUCE CARBARY 2.00 X 0 0 0 ELIZABETH CAUSBY-MILES 1.00 X 0 0 0 BILL GOLDBERG 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 MARY STEVENS 2.00 X 0 0 0 ERICA HAMLIN 40.00 X X 278156 0 23064 DON BLAKENEY 1.00 X 0 0 0 ARU CHANDORKAR 2.00 X 0 0 0 COLLEEN FERRIS 1.00 X 0 0 0 LYN HIATT 1.00 X 0 0 0 GARY SHENK 1.00 X 0 0 0 TY TALBOT 40.00 X 60533 0 10689 LINDA WALKER 1.00 X 0 0 0 KORYNNE WRIGHT 4.00 X 0 0 0 SUSIE WU 1.00 X 0 0 0 SUSAN LANSVERK 40.00 X 158208 0 17431 KENNETH JAFFE 40.00 X 143092 0 16432 685354 0 76453 3 0 1 0 SKANSKA USA BUILDING 221 YALE AVENUE SUITE 400 SEATTLE WA 98109 CONTRACTOR SERVICES 2820030 MITHUN PIER 56 1201 ALASKAN WAY 200 SEATTLE WA 98101 ARCHITECT SERVICES 388516 SIEMENS BUILDING TECHNOLOGY 22010 SE 51ST ST ISSAQUAH WA 98029 HVAC SERVICES 163997 LAKESIDE SCHOOL 14505 1ST AVE NE SEATTLE WA 98125 TRANSPORTATION 133590 4 151177 2338596 355230 2489773 TUITION AND FEES 900099 13445104 13445104 13445104 133985 133985 48225 47748 477 477 477 2164 -2164 -2164 -2164 221425 151177 226109 -4684 -4684 10000 2340 7660 7660 MISCELLANEOUS 900099 220 220 220 16070371 13445104 0 135494 1818762 1818762 615642 499472 89011 27159 6546325 5311055 946481 288789 352298 285821 50936 15541 624625 506760 90310 27555 580188 470708 83885 25595 12144 12144 43347 43347 84758 83441 1317 59317 50241 6110 2966 1376595 1228325 50382 97888 763472 644884 79834 38754 10074 7467 2565 42 121635 110895 10260 480 131454 111341 13540 6573 1184521 1003289 122006 59226 BUS PASSES 140223 140223 DUES 61518 39009 17481 5028 STUDENT ACTIVITIES 52987 52987 AWARDS & GIFTS 38714 21234 13857 3623 STAFF RECRUITING 17014 17014 15804 14148 1826 -170 14651417 12316621 1734430 600366 5949748 5172995 1115733 1064636 2375432 1957002 172286 141757 33426018 10010988 20888621 23415030 8282732 10497798 171634 161958 1336655 1326898 40292841 43738074 1074578 1185671 3982236 4389743 5800000 5600000 365253 304377 760933 790397 11983000 12270188 X 18847734 23064353 3656153 2508338 5805954 5895195 28309841 31467886 40292841 43738074 X 1418954 1739091 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5319058 573966 1151201 121107 106524 6816594 4499538 423914 395606 5319058 5396229 394261 -1094082 120595 76275 4499538 0.09000 0.91000 0 0 329072 329072 9202740 2706202 6496538 227563 196662 30901 2433734 1632017 801717 21232909 5476107 15756802 23415030 DEFERRED POST RETIREMENT BENEFITS 542251 RETIREMENT ANNUITY PAYABLE 248146 790397 16070371 14651417 1418954 1739091 1739091 3158045 16098261 1739091 -1818762 -79671 16177932 -107561 -107561 16070371 12940216 107561 107561 12832655 1818762 1818762 14651417 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: ORGANIZATION HAS APPROXIMATELY 24 FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. 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 -1,818,762. PART XII, LINE 4B - OTHER ADJUSTMENTS: DIRECT SPECIAL EVENT EXPENSES -55,309. GAMING EXPENSE -2,340. RENTAL EXPENSE -47,748. GAIN/LOSS ON DISPOSAL -2,164. PART XIII, LINE 2D - OTHER ADJUSTMENTS: DIRECT SPECIAL EVENT EXPENSES 55,309. GAMING EXPENSE 2,340. RENTAL EXPENSE 47,748. GAIN/LOSS ON DISPOSAL 2,164. PART XIII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 1,818,762. 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 IT TO INCREASE OUR RACIAL DIVERSITY. SOUTH AMERICA 0 0 PROGRAM SERVICE STUDENT TRAVEL AND EDUCATION PROGRAMS 3778 SOUTH ASIA 0 0 PROGRAM SERVICE STUDENT TRAVEL AND EDUCATION PROGRAMS 1045 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICE STUDENT TRAVEL AND EDUCATION PROGRAMS 12199 0 0 0 0 0 0 17022 0 17022 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. OTHER INFORMATION SCHEDULE F, PART V PART I, COLUMN F- AMOUNTS ARE BASED ON AN ACCRUAL METHOD OF ACCOUNTING. ANNUAL AUCTION 372602 151177 221425 43796 182313 372602 151177 221425 43796 182313 226109 -4684 1 FINANCIAL AID 96 1787526 BOOK INCLUDES TUITION, TEXTBOOKS, TRANSPORTATION AND LUNCH EXCHANGE STUDENTS 1 26235 BOOK TUITION FOR 1 FOREIGN EXCHANGE STUDENT WELGAN SCHOLARSHIP 1 5000 BOOK TUITION ASSISTANCE 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 242156 0 25000 0 11000 0 17150 0 5914 0 301220 0 0 0 SUSAN LANSVERK 158208 0 0 0 0 0 11117 0 6314 0 175639 0 0 0 KENNETH JAFFE 143092 0 0 0 0 0 10118 0 6314 0 159524 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. 30815 DISCOUNTED TUITION X 3 184430 FAIR MARKET VALUE X AUCTION ITEMS 272 170800 COST OR SELLING PRICE 0 0 1 0 METHOD FOR DETERMINING NUMBER OF CONTRIBUTORS: PART I, COLUMN (B): COLUMN (B) REPRESENTS THE NUMBER OF ITEMS CONTRIBUTED. FORM 990, PART I, LINE 6 VOLUNTEERS ORGANIZE THE ANNUAL AUCTION, SERVE ON COMMITTEES/BOARD AND PARENT COUNCIL ACTIVITIES. 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 2011. 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 GAINS ON INVESTMENTS: 1,739,091.