2024-04-19T16:59:34-05:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 10700 NORTHUP WAY SUITE 200 BELLEVUE WA 98004 990 2022-07-01 911420530 THE BEAR CREEK SCHOOL BEAR 4258981720 8905 208TH AVE NE REDMOND WA 98053 PATRICK CARRUTH PRESIDENT AND HEADMASTER 4258981720 2024-03-30 1 PATRICK CARRUTH XXX-XX-XXXX 0 ALLEN GILBERT CPA P01380103 4252506100 2024-03-30 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z PATRICK CARRUTH 8905 208TH AVE NE REDMOND WA 98053 28657193 0 X WWW.TBCS.ORG X 1988 WA EDUCATION FOR STUDENTS IN GRADES PRESCHOOL THROUGH GRADE 12. 10 10 288 300 0 0 3497795 2077400 23939341 25686470 104871 156464 47822 130837 27589829 28051171 2636061 2597121 0 0 13947560 15244919 0 0 762727 6628623 7557576 23212244 25399616 4377585 2651555 71373120 74774182 42325868 41744396 29047252 33029786 OUR MISSION IS TO PROVIDE A HIGH-QUALITY, CHRISTIAN LIBERAL ARTS EDUCATION IN A NURTURING ENVIRONMENT THAT WILL ENABLE EACH STUDENT TO BECOME THE INDIVIDUAL THAT GOD INTENDS. 0 0 21947865 2597121 25855722 THE BEAR CREEK SCHOOL (THE SCHOOL) IS A PRIVATE, NONPROFIT ORGANIZATION FOUNDED TO PROVIDE A HIGH QUALITY, CHRISTIAN LIBERAL ARTS EDUCATION IN A NURTURING ENVIRONMENT FOR ITS STUDENTS. THE SCHOOL CURRENTLY HAS 877 STUDENTS IN PRE-SCHOOL, PRE-KINDERGARTEN AND IN KINDERGARTEN THROUGH TWELFTH GRADE. THE SCHOOL OPERATES AT THREE LOCATIONS WITH PRE-SCHOOL ATTENDING AT THE VALLEY CAMPUS, KINDERGARTEN THROUGH 8TH ATTENDING AT THE REDMOND MAIN CAMPUS, AND 9TH THROUGH 12TH ATTENDING AT THE REDMOND UPPER SCHOOL CAMPUS. 21947865 1 1 0 0 0 0 1 0 0 1 1 0 0 0 1 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 62 0 1 288 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X ANDREW DIGENOVA 4258981720 8905 208TH AVE NE REDMOND WA 98053 PATRICK CARRUTH PRESIDENT AND HEADMASTER 50.00 X X 255688 0 169360 ANDREA LAIRSON BOARD CHAIR 5.00 X X 0 0 0 FILENO ALLEVA VICE CHAIR 5.00 X X 0 0 0 CURTIS KRAFT TREASURER 5.00 X X 0 0 0 KURT MAASS TRUSTEE AT LARGE 5.00 X 0 0 0 KEVIN KEITH TRUSTEE AT LARGE 5.00 X 0 0 0 JODI HALLUM TRUSTEE AT LARGE 5.00 X 0 0 0 SUSAN DIAMOND TRUSTEE AT LARGE 5.00 X 0 0 0 BILL BIEBER TRUSTEE AT LARGE 5.00 X 0 0 0 KRISTINE SHIELDS TRUSTEE AT LARGE 5.00 X 0 0 0 VIVIAN HOM TRUSTEE AT LARGE 5.00 X 0 0 0 ANDREW W DIGENOVA VP FOR FINANCE AND OPERATIONS 50.00 X 217155 0 21116 KAREN BLANKENBECKLER VP FOR ACADEMIC AFFAIRS 50.00 X 176880 0 9989 JENNIFER MCDONOUGH EMS/MS DIVISION HEAD 40.00 X 142626 0 32181 CAROL MILLER UPPER SCHOOL DIVISION HEAD 40.00 X 140769 0 11326 KRISTEN GEPHART LOWER SCHOOL DIVISION HEAD 40.00 X 121416 0 16173 CHRISTINE HAZELTINE DIRECTOR OF ADMISSIONS 40.00 X 118610 0 3301 KATHLEEN LEWIS DIRECTOR OF BUSINESS OPERATIONS 40.00 X 112980 0 3154 1286124 0 266600 14 0 1 0 MARTY K INC 720 N 10TH ST STE A-334 RENTON WA 980575525 JANITORIAL 216822 ZONES LLC PO BOX 34740 SEATTLE WA 981241740 TECHNOLOGY 173847 SYNTHETIC TURF NORTHWEST PO BOX 1581 WOODINVILLE WA 98072 PLAYGROUND TURF 150057 AIR SYSTEMS ENGINEERING INC 3602 SOUTH PINE STREET TACOMA WA 984095705 HVAC 112457 GREENING AMERICA LANDSCAPING 19428 STATE ROUTE 9 SE SNOHOMISH WA 982965396 LANDSCAPING 105056 5 712893 1364507 94964 2077400 TUITION 611110 23459897 23459897 STUDENT BUILDING FEES 611110 1098500 1098500 SCHOOL PROGRAMMING 611110 817873 817873 REGISTRATION FEES 611110 310200 310200 25686470 156464 156464 9000 0 9000 9000 9000 142683 712893 190098 -47415 -47415 585176 415924 169252 169252 28051171 25855722 0 118049 2597121 2597121 873614 304308 462914 106392 11500844 9716908 1368727 415209 500465 417767 64065 18633 1287468 1139853 119960 27655 1082528 885050 154071 43407 20499 20499 54665 33628 21037 85825 83893 1932 162742 162742 233617 67276 103398 62943 1732540 1627571 84554 20415 857993 806010 41873 10110 1560561 1466012 76161 18388 239169 224679 11672 2818 SPORTS & OTHER PROGRAMS 626214 626214 PROGRAM SUPPLIES 616480 616480 CURRICULUM 380655 380655 PROFESSIONAL DEVELOPMEN 228702 191993 25545 11164 757914 599705 134548 23661 25399616 21947865 2689024 762727 11243176 7602363 11618657 12088159 1018000 888000 10660148 11597699 3818 4712 285578 519045 52672036 20418683 33027221 32253353 3259032 9631825 257490 189026 71373120 74774182 2263305 2323372 22214278 22784848 16625362 15986111 1222923 650065 42325868 41744396 X 25212587 28615003 3834665 4414783 29047252 33029786 71373120 74774182 X 2651555 489215 841764 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 18.53 0 0 0 1 1 100.00 5000 3787035 110100 312578 350 4209363 2015638 2123000 -350654 950 3787034 1521083 10000 485105 550 2015638 1451719 10000 60064 700 1521083 1374524 806695 3500 1451719 0.28800 0.65560 0.05640 0 0 3774684 3774684 44018859 16664537 27354322 4241740 3678480 563260 636753 75666 561087 32253353 FAIR VALUE OF INTEREST RATE SWAP 378486 DEPOSITS 77539 LEASE LIABILITY 194040 650065 X 25859396 -2597121 -2597121 28456517 -405346 -405346 28051171 23205356 515447 515447 22689909 2709707 2709707 25399616 PART II, LINE 5: A THIRD PARTY AGENCY ANNUALLY INSPECTS THE PROPERTY TO ENSURE COMPLIANCE. PART II, LINE 9: THE CONSERVATION EASEMENT IS CLASSIFIED AS LAND AND BUILDING ON THE ORGANIZATION'S BALANCE SHEET. THE BREAKOUT BETWEEN LAND AND BUILDING WAS BASED ON PROPERTY TAX APPRAISALS. DURING THE YEAR OF CONTRIBUTION, REVENUE WAS RECOGNIZED AT FAIR VALUE BASED ON APPRAISALS FROM A QUALIFIED SPECIALIST. COSTS RELATED TO THE EASEMENT ARE EXPENSED AS INCURRED. PART X, LINE 2: THE SCHOOL IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR FEDERAL INCOME TAX IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE SCHOOL FILES INCOME TAX RETURNS WITH THE U.S. GOVERNMENT. THE SCHOOL MAY BE SUBJECT TO INCOME TAX EXAMINATIONS FOR THE CURRENT YEAR AND CERTAIN PRIOR YEARS BASED ON THE APPLICABLE LAWS AND REGULATIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIPS REPORTED AS GRANTS -2,597,121. PART XI, LINE 4B - OTHER ADJUSTMENTS: COGS -415,924. SPECIAL EVENT EXPENSES -99,523. ENDOWMENT CONTRIBUTIONS 110,101. PART XII, LINE 2D - OTHER ADJUSTMENTS: COGS 415,924. SPECIAL EVENTS EXPENSES 99,523. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AS GRANT EXPENSE 2,597,121. CAMPAIGN EXPENSES 17,914. RENTAL EXPENSES 91,003. RESTRUCTURING EXPENSES 3,669. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE POLICY IS PUBLISHED ANNUALLY THROUGH A NEWSPAPER ADVERTISEMENT WITH PACIFIC NORTHWEST ASSOCIATION OF INDEPENDENT SCHOOLS ACCREDITATION ORGANIZATION. IN ADDITION, THE SCHOOL PROMOTES ITS NONDISCRIMINATORY POLICY ON WRITTEN DOCUMENTATION USED FOR OPEN REGISTRATION. AUCTION 763726 644043 119683 2677 90456 35376 4080 4080 25662 GOLF TOURNAMENT 91850 68850 23000 14437 8766 2564 855576 712893 142683 2677 90456 49813 12846 4080 28226 188098 -45415 0 FINANCIAL AID AND TUITION DISCOUNTS 179 2597121 X 1 1 X X X X 0 0 0 0 0 0 0 0 0 PATRICK CARRUTH PRESIDENT AND HEADMASTER 255688 0 0 0 0 0 7638 0 161722 0 425048 0 0 0 ANDREW W DIGENOVA VP FOR FINANCE AND OPERATIONS 217155 0 0 0 0 0 6260 0 14856 0 238271 0 0 0 KAREN BLANKENBECKLER VP FOR ACADEMIC AFFAIRS 176880 0 0 0 0 0 5261 0 4728 0 186869 0 0 0 JENNIFER MCDONOUGH EMS/MS DIVISION HEAD 142626 0 0 0 0 0 4195 0 27986 0 174807 0 0 0 CAROL MILLER UPPER SCHOOL DIVISION HEAD 140769 0 0 0 0 0 5564 0 5762 0 152095 0 0 0 PART I, LINE 1A THE PRESIDENT/HEADMASTER RESIDES IN A RESIDENCE OWNED BY THE SCHOOL. THE RESIDENCE IS USED FOR SCHOOL MEETINGS INCLUDING FUNDRAISING. THE VALUE OF THE EMPLOYER-PROVIDED HOUSING MEETS THE PROVISIONS OF THE IRC SECTION 119 AND THEREFORE IS NOT INCLUDED IN TAXABLE INCOME. IT IS REPORTED AS PART OF HIS NONTAXABLE BENEFITS. A PUBLIC FINANCE AUTHORITY OF WISCONSIN 273866124 2014-06-26 20825000 REFINANCE DEBT AND IMPROVEMENTS TO CAMPUS 0 0 0 A 4703960 20825000 210507 9322993 11502007 1 0 1 1 A 0 1 1 1 0 0.50000 0.50000 1.00000 0 0 1 A 0 0 0 1 1 0 0 0 1 A 1 KATIE GOMULKIEWICZ DAUGHTER OF BOARD MEMBER, ANDREA LAIRSON 96794 EMPLOYMENT 0 GRACE CARRUTH DAUGHTER OF HEAD OF SCHOOL, PATRICK CARRUTH 61973 EMPLOYMENT 0 X AUCTION ITEMS DONATED 141 90456 FAIR VALUE X OTHER 1 4508 FAIR VALUE 0 0 0 0 PART I, COLUMN (B): NUMBER OF ITEMS IS DISCLOSED FORM 990, PART VI, SECTION B, LINE 11B 990 IS REVIEWED BY HEAD OF SCHOOL AND VP OF FINANCE AND ACCESS TO FINAL 990 IS PROVIDED TO FINANCE COMMITTEE AND BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS COMPLETE A RELATED PARTIES AND CONFLICT OF INTEREST QUESTIONNAIRE EACH YEAR. BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY ACTUAL OR POSSIBLE CONFLICTS OF INTEREST AND MUST BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS, TRUSTEES AND MEMBERS OF COMMITTEES WIHT BOARD DELEGATED POWERS. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD MEMBERS SHALL DECIDE IF A CONFLICT EXISTS. IF THE BOARD OR COMMITTEE HAS A REASONABLE CAUSE TO BELIEVE THAT AN INTERESTED PERSON HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE INTERESTED PERSON OF THE BASIS FOR SUCH BELIEF AND AFFORD THE INTERESTED PERSON AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. MINUTES OF THE MEETINGS SHALL BE KEPT. FORM 990, PART VI, SECTION B, LINE 15 HEAD OF SCHOOL COMPENSATION IS DETERMINED USING COMPARABLE FROM NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS DATABASE AND REVIEWED BY COMPENSATION COMMITTEE. OTHER SENIOR LEADERSHIP POSITIONS ARE DETERMINED USING THE NAIS DATABASE FOR COMPARABLES. 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 FAIR VALUE OF INTEREST RATE SWAP AGREEMENT 841,764. PART XII, LINE 2C THE PROCESS FOR SELECTING THE INDEPENDENT ACCOUNTING FIRM HAS NOT CHANGED FROM THE PRIOR YEAR.