2024-05-15T16:44:48-05:00 2023-06-30 910189318 MOSS ADAMS LLP 999 THIRD AVENUE SUITE 2800 SEATTLE WA 98104 990 2022-07-01 910814431 THE OVERLAKE SCHOOL OVER 4258681000 20301 NE 108TH ST REDMOND WA 980537499 WARREN GILLES BUSINESS MANAGER 4258681000 2024-05-15 1 WARREN GILLES 999009999 0 EMINA O CRESSWELL CPA P01217304 2063026500 2024-05-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z WARREN GILLES 20301 NE 108TH ST REDMOND WA 980537499 41077433 0 X WWW.OVERLAKE.ORG X 1967 WA TO INSPIRE EXCELLENCE, DEVELOP INTELLECTUAL CURIOSITY, TEACH RESPONSIBILITY, AND EMBRACE DIVERSITY. 17 17 255 220 0 0 2273192 6270407 22957091 24322111 499766 1025123 0 0 25730049 31617641 1699967 1534351 0 0 15111804 16509023 0 0 744923 7305493 9461866 24117264 27505240 1612785 4112401 103799708 106039801 29189234 26158651 74610474 79881150 OVERLAKE'S MISSION IS TO INSPIRE EXCELLENCE, DEVELOP INTELLECTUAL CURIOSITY, TEACH RESPONSIBILITY, EMBRACE DIVERSITY, AND FOSTER A COMPASSIONATE COMMUNITY. 0 0 21148944 1534351 24322111 THE OVERLAKE SCHOOL IS AN INDEPENDENT COEDUCATIONAL SUBURBAN DAYSCHOOL, OFFERING A RIGOROUS COLLEGE PREPARATORY PROGRAM IN THE LIBERAL ARTS TRADITION FOR STUDENTS IN GRADES 5 THROUGH 12. THE SCHOOL'S GOAL IS TO PREPARE A DIVERSE STUDENT BODY FOR ADMISSION TO COLLEGES AND UNIVERSITIES AROUND THE COUNTRY AND FOR A LIFETIME OF ONGOING LEARNING AND SUCCESS. DURING THE 2022-2023 SCHOOL YEAR, APPROXIMATELY 551 STUDENTS ATTEND THE OVERLAKE SCHOOL. 21148944 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 1 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 50 0 1 255 1 0 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X SEAN CLARK 4258681000 20301 NE 108TH ST REDMOND WA 98053 MAURICE CARSON PRESIDENT (AS OF 06/23) 2.00 X X 0 0 0 PRIENCA PUNHANI VICE PRESIDENT (AS OF 06/23) 2.00 X X 0 0 0 JULI RASMUSSEN SECRETARY (AS OF 06/23) 2.00 X X 0 0 0 MICHAEL BEE TREASURER 2.00 X X 0 0 0 LAURA HAMILL PRESIDENT (THRU 06/23) 0.00 X X 0 0 0 VICTOR CASALINO VICE PRESIDENT (THRU 06/23) 0.00 X X 0 0 0 KATHARINE BARRETT SECRETARY (THRU 06/23) 0.00 X X 0 0 0 HAFSA AZAZ TRUSTEE 1.00 X 0 0 0 VIKRAM BAKHSHI TRUSTEE 1.00 X 0 0 0 GREG BAMFORD TRUSTEE 1.00 X 0 0 0 ANDREA DANCS TRUSTEE 1.00 X 0 0 0 DEE DEE DAHLEN TRUSTEE 1.00 X 0 0 0 BOB HO TRUSTEE 1.00 X 0 0 0 SHUANG HOU TRUSTEE (THRU 06/23) 1.00 X 0 0 0 ELIZABETH HUANG TRUSTEE 1.00 X 0 0 0 LUCY HUR TRUSTEE 1.00 X 0 0 0 EDWARED IM TRUSTEE 1.00 X 0 0 0 JUSTIN MARKS TRUSTEE 1.00 X 0 0 0 GWEN MEHRA TRUSTEE (THRU 06/23) 1.00 X 0 0 0 PRISCILLA PARIS-AUSTIN TRUSTEE 1.00 X 0 0 0 CHRIS PETERSON TRUSTEE (THRU 06/23) 1.00 X 0 0 0 MOHAMMED SAMJI TRUSTEE 1.00 X 0 0 0 JAIME TEEVAN TRUSTEE (THRU 06/23) 1.00 X 0 0 0 TANYA VAIL TRUSTEE (THRU 06/23) 1.00 X 0 0 0 SARA WOMACK TRUSTEE 1.00 X 0 0 0 MATTHEW HORVAT HEAD OF SCHOOL 40.00 X 346722 0 199790 WARREN GILLES BUSINESS MANAGER 40.00 X 249402 0 45578 GERALD BUHALY UPPER SCHOOL HEAD 40.00 X 181443 0 33798 BRISEN BRADY DIRECTOR OF DEVELOPMENT 40.00 X 179732 0 31656 MIKE DAVIDSON MIDDLE SCHOOL HEAD 40.00 X 154975 0 52614 SUSAN MESSIER DIRECTOR OF COMMUNICATIONS 40.00 X 155955 0 50734 JAY HEATH DIRECTOR OF TECHNOLOGY 40.00 X 136210 0 24452 1404439 0 438622 19 0 1 0 PIVETTA BROS CONSTRUCTION PO BOX 370 SUMNER WA 98390 CONSTRUCTION 4622178 MARTY K INC 720 N 10TH ST STE A-334 RENTON WA 98057 CLEANING SERVICES 619213 COAST TO COAST TURF 3303 37TH AVE W SEATTLE WA 98199 FIELD INSTALLATION 618090 ALLIANCE CONSTRUCTION MANAGEMENT PO BOX 693 MERCER ISLAND WA 98040 CONSTRUCTION OVERSIGHT 470519 SEAHURST ELECTRIC INC 2915 CHESTNUT DRIVE EVERETT WA 98201 ELECTRICAL CONTRACTOR 338066 14 6270407 83045 6270407 STUDENT TUITION/FEES 611600 22419294 22419294 PROJECT WEEK 611600 643164 643164 LUNCH PROGRAM 611600 468769 468769 TRANSPORTATION 611600 436423 436423 SUMMER SCHOOL 611600 205898 205898 148563 148563 24322111 902338 902338 9579677 2900 9459792 0 119885 2900 122785 122785 31617641 24322111 0 1025123 1534351 1534351 873938 873938 12190652 9806111 1974847 409694 840004 675696 136078 28230 1526366 1227803 247266 51297 1078063 867189 174643 36231 60912 60912 74388 74388 1596730 952813 582233 61684 28330 2207 26123 934187 745491 139250 49446 416911 416911 1549425 1489633 59588 204 706837 607550 94359 4928 610361 503001 73935 33425 717021 717021 2282040 2282040 346657 346657 OTHER 70132 40355 27304 2473 BAD DEBT 67935 26747 41188 27505240 21148944 5611373 744923 8152696 10610064 2658013 2753311 9032458 4399956 143571 89122 1172 2854 509662 313318 81503812 24500836 55336657 57002976 27965479 30868200 103799708 106039801 2857374 2298823 2556990 3411639 23774870 20448189 29189234 26158651 X 65605291 65678480 9005183 14202670 74610474 79881150 103799708 106039801 4112401 1158275 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 26232870 799991 1871598 742426 28162033 28892316 788163 -2812119 635490 26232870 23412757 419541 5847933 787915 28892316 22122353 1322985 523611 556192 23412757 20935196 276636 1475591 565070 22122353 0.75000 0.25000 0.00000 0 0 2529862 2529862 74693313 22154613 52538700 3141680 2346223 795457 1138957 1138957 57002976 X 31241565 1158275 1158275 30083290 1534351 1534351 31617641 25970889 0 25970889 1534351 1534351 27505240 PART V, LINE 4: EARNINGS ARE USED TO SUPPORT OPERATIONS. PART X, LINE 2: THE SCHOOL IS A NOT-FOR-PROFIT CORPORATION, EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) EXCEPT TO THE EXTENT OF UNRELATED BUSINESS TAXABLE INCOME AS DEFINED UNDER IRC SECTIONS 511 THROUGH 515. THE SCHOOL FOLLOWS THE PROVISIONS OF AUTHORITATIVE GUIDANCE RELATING TO ACCOUNTING FOR UNCERTAIN TAX POSITIONS. THE GUIDANCE PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT PROCESS FOR UNCERTAIN TAX POSITIONS. THE SCHOOL RECOGNIZES A TAX LIABILITY FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY THE TAX AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. AS OF JUNE 30, 2023 AND 2022, THE SCHOOL HAD NO UNCERTAIN TAX POSITIONS REQUIRING ACCRUAL. PART XI, LINE 4B - OTHER ADJUSTMENTS: GRANTS IN AID REPORTED IN PART IX, LINE 2 1,534,351. PART XII, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SWAP AGREEMENT PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANTS IN AID REPORTED IN PART IX, LINE 2 1,534,351. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 AS A MEMBER OF NORTHWEST ASSOCIATION OF INDEPENDENT SCHOOLS (NWAIS), THE SCHOOL USES THE ASSOCIATION TO BROADCAST ITS NON-DISCRIMINATORY POLICIES. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 687331 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENTS 217497 0 0 0 0 0 0 904828 0 904828 1 0 1 0 0 0 PART I, LINE 3: THE ACCOUNTING METHOD DETERMINED FOR INVESTMENTS IN COLUMN (D) ARE BASED UPON THE FAIR MARKET VALUE OF THE INVESTMENT. PART III ACCOUNTING METHOD: 1 0 0 STUDENT FINANCIAL AID 42 1534351 PART I, LINE 2: THE FINANCIAL AID COMMITTEE REVIEWS THE APPLICATION FORMS AND AWARDS AID BASED UPON THE BOARD APPROVED FINANCIAL AID POLICY. ALL AID IS MONITORED AND USED IN THE U.S. X 1 1 X X X 0 0 0 0 0 0 0 0 0 MATTHEW HORVAT HEAD OF SCHOOL 341197 0 0 0 5525 0 22478 0 177312 0 546512 0 0 0 WARREN GILLES BUSINESS MANAGER 249402 0 0 0 0 0 24940 0 20638 0 294980 0 0 0 GERALD BUHALY UPPER SCHOOL HEAD 181443 0 0 0 0 0 16387 0 17411 0 215241 0 0 0 BRISEN BRADY DIRECTOR OF DEVELOPMENT 179732 0 0 0 0 0 12581 0 19075 0 211388 0 0 0 MIKE DAVIDSON MIDDLE SCHOOL HEAD 143969 0 0 0 11006 0 14397 0 38217 0 207589 0 0 0 SUSAN MESSIER DIRECTOR OF COMMUNICATIONS 155955 0 0 0 0 0 10917 0 39817 0 206689 0 0 0 JAY HEATH DIRECTOR OF TECHNOLOGY 136210 0 0 0 0 0 10355 0 14097 0 160662 0 0 0 PART I, LINE 1A HOUSING IS PROVIDED TO THE HEAD OF SCHOOL AND INCLUDED AS A NONTAXABLE BENEFIT SINCE THE PROPERTY IS CONTIGUOUS TO CAMPUS, A CONDITION OF EMPLOYMENT, AND PROVIDED FOR THE BENEFIT OF THE OVERLAKE SCHOOL. A WASHINGTON STATE HOUSING FINANCE COMMISSION 911874730 93978LFC5 2008-08-15 10350000 TO FINANCE CONSTRUCTION/EQUIPPING OF HUMANITIES BLDG & TECH LEARNING CENTER 0 0 0 B WASHINGTON STATE HOUSING FINANCE COMMISSION 911874730 000000000 2021-11-01 19460000 TO RETIRE EXISTING DEBT & FINANCE CONSTRUCTION OF THE MATH/SCIENCE CENTER 0 0 0 A 5535000 10350000 195962 128349 10025689 2010 0 0 1 1 B 3291303 19460000 19069597 179436 210967 1 1 0 0 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 0 1 0 1 1 WELLS FARGO 15.666666700000 0 0 0 CALYON 1.400000000000 0 0 0 B 0 0 1 0 0 0 0 0 0 A 1 B 1 X 4 83045 FMV 0 0 0 0 PART I, COLUMN (B): COLUMN (B) REPORTS THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION B, LINE 11B 990 DRAFT IS REVIEWED BY INTERNAL STAFF (CONTROLLER, BUSINESS MANAGER) AND PROVIDED TO THE FINANCE COMMITTEE OF THE BOARD PRIOR TO FILING. FINAL COPY IS PROVIDED TO ALL BOARD MEMBERS VIA POSTING ON SECURED PORTAL. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS SIGN A NEW CONFLICT OF INTEREST STATEMENT ANNUALLY. THAT STATEMENT REQUIRES THE TRUSTEE TO REPORT ANY POTENTIAL CONFLICTS OF INTEREST. WHEN AN ISSUE ARISES, THE BOARD DISCUSSES IT AT THEIR MONTHLY MEETING. TO ADDRESS THE CONFLICT OF INTEREST THE BOARD WILL INVESTIGATE ALTERNATIVES, DETERMINE A NON-CONFLICT OPTION, AND AFFIRM BY VOTE. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR TOP MANAGEMENT OFFICIALS AND KEY EMPLOYEES IS DETERMINED AND REVIEWED BY THE EXECUTIVE TEAM OF THE BOARD OF TRUSTEES, AND IS COMPARED TO REGIONAL DATA FROM THE NORTHWEST ASSOCIATION OF INDEPENDENT SCHOOLS (NWAIS). COMPENSATION REVIEW IS COMPLETED EACH YEAR IN APRIL OR MAY. FORM 990, PART VI, SECTION C, LINE 18 BECAUSE THE ORGANIZATION HAS BEEN IN EXISTENCE SINCE 1967, ITS FORM 1023 IS NOT PUBLICLY AVAILABLE. THE FORM 990 IS AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 COPIES OF GOVERNING AND ORGANIZING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.