2025-05-15T12:29:40-05:00 2024-06-30 911194016 CLARK NUBER PS 10900 NE 4TH STREET SUITE 1400 BELLEVUE WA 98004 990 2023-07-01 910673111 CHARLES WRIGHT ACADEMY CHAR 2536208300 7723 CHAMBERS CREEK ROAD TACOMA WA 98467 STEPHANIE CISAKOWSKI CHIEF FINANCIAL OFFICER 2536208300 2025-05-13 1 0 SARAH B HUANG P00745974 4254544919 2025-05-13 2023 2025-03-06 01:10:19Z RACHEL RIPPL 7723 CHAMBERS CREEK ROAD TACOMA WA 98467 31254238 0 X WWW.CHARLESWRIGHT.ORG X 1957 WA AN INDEPENDENT SCHOOL FOR CHILDREN FROM PRESCHOOL THROUGH 12TH GRADE. 14 14 236 200 0 223 2110517 1692084 16561096 18332104 706095 814789 -97820 -61488 19279888 20777489 2699323 3746050 0 0 12027912 13270101 0 0 800432 6627101 8239826 21354336 25255977 -2074448 -4478488 76469687 77169749 13250167 13845210 63219520 63324539 TO INSPIRE ACTIVE, JOYFUL LEARNING WHILE NURTURING AND CHALLENGING OUR STUDENTS TO DEVELOP THE CHARACTER, CREATIVITY, AND SKILLS TO SUCCESSFULLY NAVIGATE THE FUTURE WITH CONFIDENCE. 0 0 20736439 3746050 18332104 CHARLES WRIGHT ACADEMY IS AN INDEPENDENT SCHOOL FOR CHILDREN FROM PRESCHOOL THROUGH 12TH GRADE. OUR TEACHERS SUPPORT, STRETCH, AND CHALLENGE OUR STUDENTS TO BECOME RESILIENT, SELF-RELIANT, INDEPENDENT LEARNERS AND THINKERS. STUDENTS BENEFIT FROM A COMPREHENSIVE CURRICULUM THAT INCLUDES LAB SCIENCE, VISUAL AND PERFORMING ART, FOREIGN LANGUAGE AND PHYSICAL EDUCATION. CLASSROOM LEARNING IS ENHANCED BY INTERSCHOLASTIC ATHLETICS, CLUBS, EXPERIENTIAL LEARNING AND OUTDOOR EDUCATION. AT THE HEART OF THE CHARLES WRIGHT EXPERIENCE IS A COMMUNITY THAT HELPS STUDENTS DEVELOP THEIR FULL POTENTIAL AND BECOME INSPIRED, LIFE-LONG LEARNERS. TOTAL ENROLLMENT FOR THE 2023-24 SCHOOL YEAR WAS 570 STUDENTS. 20736439 1 1 0 0 0 0 0 0 1 1 1 1 0 0 0 0 1 0 1 0 1 0 0 0 1 0 0 0 1 1 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 1 60 0 236 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X STEPHANIE CISAKOWSKI 2536208300 7723 CHAMBERS CREEK ROAD TACOMA WA 98467 TOBY MURRAY CHAIR 5.00 X X 0 0 0 ADAM KLAKNEY VICE CHAIR 5.00 X X 0 0 0 TAMARA HORN SECRETARY 5.00 X X 0 0 0 SCOTT LIMOLI TREASURER 5.00 X X 0 0 0 DREW BAMFORD TRUSTEE 2.00 X 0 0 0 GUILLERMO CHACON TRUSTEE 2.00 X 0 0 0 EMILY HAPPY TRUSTEE 2.00 X 0 0 0 DAVID HIRSCHBERG TRUSTEE 2.00 X 0 0 0 AIMEE ALLEN TRUSTEE 2.00 X 0 0 0 BEN SCLAIR TRUSTEE 2.00 X 0 0 0 NICOLE STICE TRUSTEE 2.00 X 0 0 0 SARAH WEYERHAEUSER TRUSTEE 2.00 X 0 0 0 TREVOR WILL TRUSTEE 2.00 X 0 0 0 NANCY SCHAUER TRUSTEE 2.00 X 0 0 0 SUSAN RICE HEAD OF SCHOOL 40.00 X 379860 0 59737 SUSAN WAYLAND INTERIM CFO 40.00 X 0 0 0 RACHEL RIPPL MIDDLE SCHOOL DIRECTOR 40.00 X 118349 0 25060 LAURA ROSE MARKETING DIRECTOR 40.00 X 128242 0 35575 RIXA EVERSHED BEGINNING SCHOOL DIRECTOR 40.00 X 102671 0 5551 STEPHEN RUDOLF ADMISSIONS DIRECTOR 40.00 X 112845 0 11369 BETTY BENSON UPPER SCHOOL DIRECTOR 40.00 X 153833 0 33803 995800 0 171095 6 0 1 0 PEASE CONSTRUCTION 3815 100TH ST SW STE 3A LAKEWOOD WA 98499 CONSTRUCTION 591339 BRIGHTVIEW LANDSCAPES LLC PO BOX 31001-2463 PASADENA CA 91110 LANDSCAPING 416954 ALADDIN FOOD MGMT SVCS 16567 COLLECTIONS CTR CHICAGO IL 60693 FOOD SERVICES 412531 ENVIRONMENT CONTROL 6830 S 220TH ST BLDG 1 157 KENT WA 98032 JANITOR 407025 GREEN EDVENTURES LLC 5348 VEGAS DRIVE 1102 LAS VEGAS NV 89108 GROUP TRAVEL FACILITATORS 241491 9 158425 917232 616427 50747 1692084 TUITION AND FEES 611710 16631123 16631123 AUXILIARY ACTIVITIES 611710 1700981 1700981 18332104 818013 818013 19750 0 19750 19750 19750 10331957 10335181 -3224 -3224 -3224 51306 158425 141568 -90262 -90262 REBATES 900099 9024 9024 9024 20777489 18332104 0 753301 3746050 3746050 391860 391860 9775716 7877308 1577633 320775 440951 341567 85467 13917 1909378 1479033 370084 60261 752196 582662 145794 23740 80049 80049 100552 100552 73405 73405 1770753 1672210 89957 8586 250656 154 16957 233545 429763 183894 221725 24144 268752 255181 12389 1182 552313 495394 53619 3300 47617 47617 120641 114548 5562 531 1901653 1805620 87666 8367 416424 395395 19197 1832 STUDENT & CLASSROOM 749749 642661 15127 91961 FOOD COSTS 663977 592515 62348 9114 REPAIRS & MAINTENANCE 326284 309806 15042 1436 DUES & SUBSCRIPTIONS 168601 61850 105214 1537 318637 -10 322443 -3796 25255977 20736439 3719106 800432 2411073 713665 663620 405356 8345154 9768771 893 0 486116 529086 55717023 33823550 22178943 21893473 34069084 35727783 8314804 8131615 76469687 77169749 1573474 2218186 11676693 11627024 13250167 13845210 X 38314970 35936623 24904550 27387916 63219520 63324539 76469687 77169749 -4478488 4583507 0 X 0 1 X 1 0 X 1452539 2884132 1465451 2110517 1692084 9604723 1452539 2884132 1465451 2110517 1692084 9604723 219774 9384949 909085 790782 982357 691842 837763 4211829 1730 1000 182991 9024 194745 14011297 85206213 0.66980 0.64810 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: FLEX PLAN FORFEITURES - 2019 AMOUNT: $ 1,730. 2020 AMOUNT: $ 1,000. MISCELLANEOUS - 2021 AMOUNT: $ 1,294. INSURANCE PROCEEDS - 2021 AMOUNT: $ 181,697. REBATES REFUNDS - 2023 AMOUNT: $ 9,024. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 36544676 11230 5004954 1605318 39955542 34473922 9630 3415215 1354091 36544676 37053266 234014 -1802658 1010700 34473922 30252438 11336 8105855 470804 774307 71252 37053266 29853949 527733 909801 402917 423476 212652 30252438 0.32985 0.33506 0.33509 0 0 806653 806653 48963928 30207062 18756866 5946442 3616488 2329954 21893473 HEDGE FUND 1975219 F PRIVATE EQUITY 6156396 F 8131615 21646803 4583507 500 -3819455 764552 20882251 -104762 -104762 20777489 21541784 500 104762 105262 21436522 73405 3746050 3819455 25255977 PART IV, LINE 2B: CHARLES WRIGHT ACADEMY ACTS AS AN AGENT FOR STUDENT ORGANIZATIONS AND THE PA (PARENT ASSOCIATION). THE MONEY IS HELD BY CHARLES WRIGHT ACADEMY FOR EACH ACTIVITY AND ORGANIZATION. THE AMOUNTS ARE CONSIDERED A LIABILITY TO CHARLES WRIGHT ACADEMY. PART V, LINE 4: PURE ENDOWMENT FUNDS ARE HELD INTO PERPETUITY AS DESIGNATED BY THE BENEFACTOR. QUASI-ENDOWMENT FUNDS ARE HELD AS DESIGNATED BY THE BOARD OF TRUSTEES. ANNUALLY 4% IS DRAWN FROM THE ENDOWMENT BY BOARD POLICY USE TO FUND FINANCIAL AID AND OTHER OPERATIONAL EXPENSES. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID REPORTED ON PART IX -3,746,050. INVESTMENT MANAGEMENT FEES REPORTED ON PART IX -73,405. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE REPORTED ON PART VIII -104,762. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE REPORTED ON PART VIII 104,762. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID REPORTED ON PART IX 3,746,050. 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 SCHOOL PARTICIPATES IN AN ANNUAL ADVERTISEMENT WITH OTHER INDEPENDENT SCHOOLS IN THE REGION, WHERE THE NONDISCRIMINATORY POLICY IS PUBLISHED IN ALL REGIONAL NEWSPAPERS AND JOURNALS. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS N/A 2894325 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENTS N/A 3902442 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICE STUDENT FIELD TRIP 50013 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICE STUDENT FIELD TRIP 189576 0 0 0 0 0 0 7036356 0 7036356 1 0 1 0 1 0 SPIRIT AUCTION 209731 158425 51306 8060 43790 2605 87113 209731 158425 51306 8060 43790 2605 87113 141568 -90262 1 FINANCIAL AID 207 3746050 BOOK FINANCIAL AID PART I, LINE 2: EACH YEAR STUDENTS WISHING TO APPLY FOR FINANCIAL AID FILL OUT THE NECESSARY APPLICATION FORMS. THE APPLICATIONS ARE SENT TO SSS, A 3RD-PARTY FINANCIAL AID/SCHOLARSHIP REVIEW COMPANY, WHO PROCESSES THE APPLICATIONS AND REPORTS TO THE SCHOOL THEIR DETERMINATION OF EACH APPLICANTS ESTIMATED FAMILY CONTRIBUTION (EFC). THE SCHOOL HAS A STANDING COMMITTEE, CONSISTING OF THE DIRECTOR OF ENROLLMENT MANAGEMENT, CFO AND THE HEAD OF SCHOOL. THIS STANDING COMMITTEE REVIEWS EACH REPORT FROM SSS AND THE REPORTED EFC. THE COMMITTEE USES THE REPORTED EFC AS A STARTING POINT TO DETERMINE A CWA-REVISED EFC, WHICH ADJUSTS FOR MORE SPECIFIC FACTORS APPLICABLE TO THE APPLICANTS, SUCH AS COST OF LIVING ALLOWANCE FOR THE STUDENTS CITY OF RESIDENCE. THE DIFFERENCE BETWEEN THE FINAL CWA-REVISED EFC AND TUITION IS THE AMOUNT OF NEED. ANY SUBSEQUENT CHANGES TO THE FINANCIAL AID AWARDS ARE INITIATED BY THE DIRECTOR OF ENROLLMENT MANAGEMENT AND ARE APPROVED BY THE HEAD OF SCHOOL AND CFO. STUDENTS GRANTED FINANCIAL AID MUST REAPPLY FOR IT EVERY YEAR. X X X 0 0 0 0 0 0 0 0 0 SUSAN RICE HEAD OF SCHOOL 379860 0 0 0 0 0 36722 0 23015 0 439597 0 0 0 BETTY BENSON UPPER SCHOOL DIRECTOR 153705 0 0 0 128 0 7692 0 26111 0 187636 0 0 0 LAURA ROSE MARKETING DIRECTOR 128125 0 0 0 117 0 9615 0 25960 0 163817 0 0 0 NA N/A 26600 FINANCIAL AID FINANCIAL AID EDNA S GAUDIANE FAMILY MEMBER OF HEAD OF SCHOOL 17923 EMPLOYMENT 0 X 3 13941 FAIR MARKET VALUE X AUCTION ITEMS 111 36806 FAIR MARKET VALUE 0 0 1 0 PART I, COLUMN (B): THE AMOUNTS IN COLUMN (B) REPRESENT THE NUMBER OF DONATIONS RECEIVED FOR SECURITIES AND THE NUMBER OF ITEMS DONATED FOR AUCTION ITEMS. FORM 990, PART I, LINE 6, VOLUNTEERS: PARENTS VOLUNTEER IN A NUMBER OF WAYS AT CHARLES WRIGHT ACADEMY. THESE INCLUDE; PARENT ASSOCIATION SUPPORT FOR FUNDRAISING ACTIVITIES SUCH AS THE ANNUAL AUCTION; SPORTS BOOSTERS; AND STUDENT ACTIVITIES AND CLUBS. THERE ARE ALSO 15 VOLUNTEER BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B A PUBLIC DISCLOSURE COPY OF THE FORM 990 TAX RETURN IS MADE AVAILABLE TO THE BOARD OF TRUSTEES PRIOR TO FILING WITH THE IRS. IN ADDITION, THE AUDIT COMMITTEE REVIEWS THE FINAL FORM 990 SIGNED AND FILED BY A NON-TRUSTEE FINANCIAL OFFICER. FORM 990, PART VI, SECTION B, LINE 12C CHARLES WRIGHT ACADEMY REQUIRES A CONFLICT OF INTEREST DISCLOSURE STATEMENT COMPLETED BY OFFICERS, BOARD MEMBERS AND KEY EMPLOYEES ON AN ANNUAL BASIS. THE POLICY SPECIFIES THAT NO INDIVIDUAL CAN HAVE MORE THAN A 5% MATERIAL INTEREST IN ANY ENTITY THAT IS LIKELY TO CONFLICT WITH THEIR OFFICIAL DUTIES FOR THE SCHOOL. IT IS A PRACTICE AT CWA NOT TO SELECT INDIVIDUALS TO SERVE IN ANY CAPACITY FOR THE SCHOOL, IF THEY ARE A VENDOR OR AGENT THAT WOULD OBTAIN PERSONAL GAIN FROM THIS RELATIONSHIP. THE HEAD OF SCHOOL AND CHAIR OF THE BOARD REVIEW THESE DISCLOSURES FOR COMPLIANCE. THE HEAD OF SCHOOL AND CHAIR OF THE BOARD ALSO REVIEW ANY POTENTIAL CONFLICTS OF INTEREST TO DETERMINE WHETHER A CONFLICT EXISTS. A PERSON WHO HAS A CONFLICT OF INTEREST SHALL NOT PARTICIPATE IN DISCUSSION AND VOTING ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF THE CEO (HEAD OF SCHOOL) IS DETERMINED BY A BOARD COMPENSATION COMMITTEE THAT ANNUALLY REVIEWS COMPARABILITY DATA. THE HEAD OF SCHOOL DETERMINES THE COMPENSATION FOR OTHER OFFICERS AND SENIOR ADMINISTRATORS. THE LAST COMPENSATION REVIEW OCCURRED IN JUNE 2024 FOR THE HEAD OF SCHOOL. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.