2023-05-10T17:50:00-05:00 2022-06-30 390859910 BAKER TILLY US LLP 18500 VON KARMAN AVE 10TH FLOOR IRVINE CA 92612 990 2021-07-01 910161095 THE BUSH SCHOOL BUSH 2063227978 3400 E HARRISON STREET SEATTLE WA 98112 PERCY ABRAM HEAD OF SCHOOL 2063227978 2023-05-04 1 PERCY ABRAM 999009999 BRIAN YACKER P00401346 9492222999 2023-05-04 0 AAL1 IAL1 2021 2023-04-26 12:10:37Z PERCY ABRAM 3400 E HARRISON STREET SEATTLE WA 98112 36112908 0 X WWW.BUSH.EDU X 1931 WA TO SPARK IN STUDENTS OF DIVERSE BACKGROUNDS AND TALENTS A PASSION FOR LEARNING, ACCOMPLISHMENT, AND CONTRIBUTION TO THEIR COMMUNITIES. 24 24 306 200 0 0 5500340 4066891 25646162 27771913 1932733 628081 -27426 -2834 33051809 32464051 4328565 4602921 0 0 15390940 15945059 0 0 1026886 5756567 7689758 25476072 28237738 7575737 4226313 78878554 88249884 13849822 23084078 65028732 65165806 X THE BUSH SCHOOL HAS BEEN IN EXISTENCE SINCE 1924. IT IS AN ACCREDITED INDEPENDENT SCHOOL THAT PROVIDES INNOVATIVE AND EXPERIENTIAL INSTRUCTION TO CHILDREN FROM KINDERGARTEN THROUGH TWELFTH GRADE. IT HAS THREE DIVISIONS THAT ARE ORGANIZED AROUND THE DEVELOPMENT MILESTONES REACHED DURING EARLY CHILDHOOD, YOUNG ADOLESCENCE AND EMERGING ADULTHOOD. THE LOWER SCHOOL SPANS GRADES KINDERGARTEN THROUGH FIVE, THE MIDDLE SCHOOL SERVES GRADES SIX THROUGH EIGHT, AND THE UPPER SCHOOL EDUCATES GRADES NINE THROUGH TWELVE. 0 0 21577811 4602921 26527287 THE BUSH SCHOOL PROVIDES INNOVATIVE EXPERIENTIAL EDUCATION TO 695 STUDENTS FROM KINDERGARTEN THROUGH TWELFTH GRADE. BUSH PREPARES STUDENTS FOR A LIFETIME OF LEARNING, FOCUSING ON DIRECT EXPERIENCES, COLLABORATION, AND CONTRIBUTION TO OUR LOCAL, NATIONAL, AND INTERNATIONAL COMMUNITIES. THE BUSH SCHOOL IS ACCREDITED BY THE NORTHWEST ASSOCIATION OF INDEPENDENT SCHOOLS, NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS, THE NORTHWEST ACCREDITATION COMMISSION, AND THE STATE OF WASHINGTON. 1279956 1244626 AUXILIARY PROGRAM REVENUE INCLUDES INCOME FROM OUR EXTENDED DAY AND SUMMER PROGRAMS. AUXILIARY EXPENSES ARE FOR THE SAME PROGRAMS. 22857767 1 1 0 0 0 0 1 0 1 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 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 72 0 1 306 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 24 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AK CO MD MI NH PA SC UT WA X THE ORGANIZATION 2063227978 3400 E HARRISON STREET SEATTLE WA 98112 EMILY ALHADEFF CO CHAIR - CENTEN. CELEBRATION TASK FORCE 10.00 X X 0 0 0 KEVIN BAKER CHAIR, INVESTMENT COMMITTEE 10.00 X X 0 0 0 ATUL BALI CO-TREASURER, CO-CHAIR, FINANCE COM. 10.00 X X 0 0 0 LISA CARROLL PRESIDENT, CHAIR 10.00 X X 0 0 0 CHRIS CHICKADEL 93 CO-CHAIR, CENTENNIAL CELEBRATION TASK FORCE 10.00 X X 0 0 0 AMY FERNANDES CO-TREASURER, CO-CHAIR, FINANCE COM. 10.00 X X 0 0 0 SALONE HABIBUDDIN VICE PRESIDENT 10.00 X X 0 0 0 ALLISON HARR CHAIR, GOVERNANCE COMMITTEE 10.00 X X 0 0 0 KARIM LESSARD 89 - SECRETARY 10.00 X X 0 0 0 KATHY O'KELLEY CO-CHAIR, CAMPUS DESIGN & DEVELOP. 10.00 X X 0 0 0 JULIE OKERSTROM CHAIR, DEVELP. COM. 10.00 X X 0 0 0 QUENTIN STREETS CHAIR, DIVERSITY, EQUITY, & INCLU. 10.00 X X 0 0 0 JUDI YATES CO-CHAIR, CAMPUS DESIGN & DEVPT. 10.00 X X 0 0 0 STEVE BANKS TRUSTEE 10.00 X 0 0 0 MANEESH BATRA TRUSTEE 10.00 X 0 0 0 CRAIG BLACKMORE TRUSTEE 10.00 X 0 0 0 STEVEN CAPLOW TRUSTEE 10.00 X 0 0 0 IRENE FISHER TRUSTEE 10.00 X 0 0 0 GEOFF HARRIS TRUSTEE 10.00 X 0 0 0 PATRICIA PATTI HEARN TRUSTEE 10.00 X 0 0 0 DANIEL PAK TRUSTEE 10.00 X 0 0 0 IAN SANDS TRUSTEE 10.00 X 0 0 0 JENNIFER SCHORSCH TRUSTEE 10.00 X 0 0 0 OMAR SHAHINE TRUSTEE 10.00 X 0 0 0 PERCY ABRAM HEAD OF SCHOOL 40.00 X 486478 0 117224 ROBIN BENTLEY CFO & COO 40.00 X 210599 0 27186 POLLY FREDLUND AH FOR ENROLLMENT AND COMMUNITY 40.00 X 199539 0 26080 MATTHEW LAI US DIRECTOR 40.00 X 189106 0 13671 SHARON HURT DIR OF DEV & STRATEGIC INITIA. 40.00 X 181198 0 19351 SARAH SMITH AHOS FOR ACADEMICS 40.00 X 183606 0 6171 JOSE LEONOR MS DIRECTOR 40.00 X 153288 0 9671 1603814 0 219354 7 0 1 0 EXXEL PACIFIC INC 323 TELEGRAPH RD BELLINGHAM WA 98226 CONSTRUCTION 10969765 PREMERA BLUE CROSS 7001 220TH ST SW MOUNTLAKE TERRACE WA 98043 INSURANCE 1085443 BLOOM PROJECTS LLC 117 E LOUISA ST BOX 700 SEATTLE WA 98102 CONSTRUCTION 647250 US BANK PO BOX 1950 ST PAUL MN 55101 FINANCE 593835 FRED C CHURCH INC 41 WELLMAN STREET LOWELL MA 01851 INSURANCE 586377 5 523503 3543388 313273 4066891 TUITION AND FEES 900099 26527287 26527287 AUXILIARY 900099 1244626 1244626 27771913 649065 649065 3567873 981 3589838 0 -21965 981 -20984 -20984 56185 523503 59019 -2834 -2834 32464051 27771913 0 625247 4602921 4602921 1823168 1382818 364180 76170 11289529 8635206 2173984 480339 694337 526636 138694 29007 2118108 1534095 504206 79807 19917 8106 10251 1560 50617 50617 265013 107856 136405 20752 3250 1323 1673 254 583036 251230 279501 52305 298338 238389 46742 13207 752710 678313 71712 2685 37471 15250 19287 2934 37628 15314 19368 2946 23569 21683 1886 1399378 1287428 111950 355607 177914 153296 24397 EDUCATIONAL SUPPLIES 1911826 1911826 AUXILIARY 1279956 1279956 DEVELOPMENT 209569 209569 RECRUITING 95082 38697 48940 7445 386708 142806 220393 23509 28237738 22857767 4353085 1026886 5429870 4543614 9826513 11203336 2144593 988238 230811 166967 428262 490135 69774570 23765018 32845652 46009552 27972853 24848042 78878554 88249884 1849709 1418555 7850532 7426575 3807188 13435404 70702 63922 271691 739622 13849822 23084078 X 38778542 47764952 26250190 17400854 65028732 65165806 78878554 88249884 4226313 -4089239 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 14.50 0 0 0 1 1 250.00 5000 0 1 X 26583817 151897 -2735962 411000 23588752 21558257 313407 4712153 26583817 20724641 132859 700777 21558277 19820405 90185 828051 14000 20724641 18758071 91745 1042869 72280 19820405 0.27205 0.72795 0.00000 0 0 871248 871248 60733600 20269453 40464147 2886024 2377143 508881 5283698 1118422 4165276 46009552 CONSTRUCTION RETAINAGE 739622 739622 X 23721274 -4089239 -4602921 -8692160 32413434 50617 50617 32464051 23584200 0 23584200 50617 4602921 4653538 28237738 PART IV, LINE 2B: THE SCHOOL HOLDS FUNDS ON BEHALF OF THE VARIOUS STUDENT BODY ACTIVITIES. THESE FUNDS ARE KEPT IN SEPARATE ACCOUNTS AND ARE RECORDED ON THE BALANCE SHEET FOR BUSH SCHOOL AS A LIABILITY. PART V, LINE 4: INTENDED USE OF ENDOWMENT FUNDS THE SCHOOL USES EARNINGS ON UNRESTRICTED ENDOWMENT FUNDS IN OPERATIONS WHILE EARNINGS ON RESTRICTED ENDOWMENT FUNDS ARE USED IN ACCORDANCE WITH THE INTENT OF THE DONORS, WHICH INCLUDE SCHOLARSHIPS AND OTHER EDUCATIONAL PROGRAM RELATED ACTIVITIES, TECHNOLOGY AND FACULTY COMPENSATION. PART X, LINE 2: THE SCHOOL IS A NONPROFIT CORPORATION EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, LAND AND BUILDINGS USED IN THE SCHOOL'S OPERATIONS ARE EXEMPT FROM WASHINGTON STATE PROPERTY TAXES. THE SCHOOL EVALUATES ITS UNCERTAIN TAX POSITIONS AND A LOSS CONTINGENCY IS RECOGNIZED WHEN IT IS MORE LIKELY THAN NOT THAT A LIABILITY HAS BEEN INCURRED BY THE SCHOOL AS OF THE DATE OF THE FINANCIAL STATEMENTS AND THE AMOUNT CAN BE REASONABLY ESTIMATED. PART XI, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIPS -4,602,921. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 4,602,921. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 ANNUALLY, THE BUSH SCHOOL PUBLISHES ITS NONDISCRIMINATORY POLICY IN SEVERAL NEWSPAPERS. THERE IS ALSO A MORE COMPREHENSIVE DISCUSSION ON THE SCHOOL'S WEBSITE OF ITS DIVERSITY PLAN THAT REINFORCES ITS NONDISCRIMINATORY POLICY. CELEBRATE BUSH 579688 523503 56185 32162 19799 2675 4383 579688 523503 56185 32162 19799 2675 4383 59019 -2834 1 FINANCIAL AID 162 4602921 PART I, LINE 2: THE BUSH SCHOOL AWARDS FINANCIAL AID TO THOSE STUDENTS WHOSE FAMILIES DEMONSTRATE FINANCIAL NEED. THIS IS ACCOMPLISHED THROUGH THE COMPLETION OF THE SCHOOL AND STUDENT SERVICE FINANCIAL AID FORMS. ALL FAMILIES PAY AT LEAST A MINIMUM TUITION. GRANTS AT THE BUSH SCHOOL AVERAGE ABOUT 72% OF THE COST OF TUITION. THE FINANCIAL AID COMMITTEE MAKES EVERY ATTEMPT TO GRANT AS MUCH AS POSSIBLE OF THE DIFFERENCE BETWEEN THE AMOUNT A FAMILY CAN PAY AND THE ACTUAL COST OF ATTENDANCE. APPROXIMATELY 23% OF THE STUDENT BODY RECEIVES AID, AND THE SCHOOL HAS AN ONGOING COMMITMENT TO SIGNIFICANTLY INCREASE THIS NUMBER. STUDENTS OF ALL GRADE LEVELS ARE ELIGIBLE FOR CONSIDERATION, AND ALL GRANTS ARE KEPT CONFIDENTIAL AND FILED SEPARATELY FROM STUDENT RECORDS. APPLICATION FOR FINANCIAL AID IS CONSIDERED SEPARATELY FROM A STUDENT'S ADMISSION APPLICATION TO THE SCHOOL. X X X X 0 0 0 0 0 0 0 0 0 PERCY ABRAM HEAD OF SCHOOL 446478 0 40000 0 0 0 29473 0 87751 0 603702 0 0 0 ROBIN BENTLEY CFO & COO 210599 0 0 0 0 0 21015 0 6171 0 237785 0 0 0 POLLY FREDLUND AH FOR ENROLLMENT AND COMMUNITY 199539 0 0 0 0 0 19909 0 6171 0 225619 0 0 0 MATTHEW LAI US DIRECTOR 189106 0 0 0 0 0 0 0 13671 0 202777 0 0 0 SHARON HURT DIR OF DEV & STRATEGIC INITIA. 181198 0 0 0 0 0 13180 0 6171 0 200549 0 0 0 SARAH SMITH AHOS FOR ACADEMICS 183606 0 0 0 0 0 0 0 6171 0 189777 0 0 0 JOSE LEONOR MS DIRECTOR 153288 0 0 0 0 0 0 0 9671 0 162959 0 0 0 A WASHINGTON STATE HOUSING FINANCE COMMISSION 910698646 2020-09-29 20000000 TO PROVIDE FUNDS FOR CAPITAL IMPROVEMENT 0 0 0 B WASHINGTON STATE HOUSING FINANCE COMMISISON 910698646 2020-09-29 2500000 TO PROVIDE FUNDS FOR CAPITAL IMPROVEMENT 0 0 0 A 20000000 319000 11224385 8456615 0 0 0 1 B 2500000 2500000 0 0 0 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 A 0 0 0 0 0 0 0 0 0 B 0 0 0 0 1 0 0 0 0 A 1 X 1 1438 FMV X 16681 FMV X 28 287803 FMV X 7 4878 FMV X COLLEGE CARE PACKAGE 1 1475 FMV X TICKETS 5 998 FMV 0 1 0 PART I, COLUMN (B): NUMBER OF CONTRIBUTORS FORM 990, PART VI, SECTION B, LINE 11B THE ASSISTANT HEAD OF FINANCE AND OPERATIONS AND THE CONTROLLER PERFORM A DETAILED REVIEW OF THE FORM 990. A DRAFT OF THE FORM 990 IS THEN POSTED TO THE SCHOOL'S SECURE WEBSITE AND THE BOARD OF TRUSTEES ARE NOTIFIED OF ITS AVAILABILITY FOR REVIEW AND COMMENTS PRIOR TO FILING THE RETURN WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF TRUSTEES, VARIOUS COMMITTEES SUPPORTING THE BOARD, AND MEMBERS OF THE ADMINISTRATIVE GROUP CONFIRM IN WRITING THAT THEY DO NOT HAVE CONFLICTS OF INTEREST. IN ADDITION, THE SCHOOL'S POLICY, PROCEDURES AND PRACTICES HANDBOOK INCLUDES A PROVISION MANDATING THAT FACULTY AND STAFF SHOULD EXERCISE UTMOST GOOD FAITH IN ALL TRANSACTIONS RELATING TO THE SCHOOL AND AVOID CONFLICTS OF INTEREST. IF A CONFLICT IS DISCLOSED, THE INDIVIDUAL WITH THE CONFLICT WILL RECUSE THEMSELVES FROM DISCUSSIONS ASSOCIATED WITH SUCH CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE, CONSISTING OF SOME MEMBERS OF THE BOARD OF TRUSTEES, REVIEWS THE COMPENSATION OF THE HEAD OF SCHOOL USING BENCHMARK INFORMATION FROM COMPARABLE SCHOOLS. THE LAST REVIEW WAS PERFORMED IN MAY 2022. THE HEAD OF SCHOOL REVIEWS THE COMPENSATION FOR THE ASSISTANT HEAD FOR FINANCE AND OPERATIONS AND THE DIRECTOR OF DEVELOPMENT AS WELL AS OTHER MEMBERS OF THE ADMINISTRATIVE GROUP AND SIGNS THEIR EMPLOYMENT AGREEMENTS. FORM 990, PART VI, SECTION C, LINE 19 THE BUSH SCHOOL PROVIDES A COPY OF ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY TO THE PUBLIC UPON REQUEST. IT ALSO PROVIDES AN ELECTRONIC LINK TO THE ANNUAL REPORT, WHICH INCLUDES FINANCIAL INFORMATION, TO FACULTY, STAFF, STUDENTS AND THEIR FAMILIES, AND ALUMNI.