University Preparatory Academy

Organization Overview

University Preparatory Academy is located in Seattle, WA. The organization was established in 1976. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2021, University Preparatory Academy employed 205 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Preparatory Academy is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, University Preparatory Academy generated $29.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $22.5m during the year ending 06/2021. While expenses have increased by 3.8% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

INDEPENDENT SCHOOL PROVIDING PRIVATE EDUCATION TO STUDENTS GRADES 6 THROUGH 12 FOUNDED 1976.

Describe the Organization's Program Activity:

Part 3 - Line 4a

INDEPENDENT SCHOOL PROVIDING PRIVATE EDUCATION TO STUDENTS GRADES 6 THROUGH 12. ACCREDITED WITH NORTHWEST ASSOCIATION OF INDEPENDENT SCHOOLS AND THE STATE OF WASHINGTON. COMMITTED TO DEVELOPING EACH STUDENT'S POTENTIAL TO BECOME AN INTELLECTUALLY COURAGEOUS AND SOCIALLY RESPONSIBLE CITIZEN OF THE WORLD.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Mithun Inc
Architecture
$1,033,865
Skanska Usa Building Inc
General Contracting
$368,750
Marty K Inc
Janitorial
$167,124
Hillis Clark Martin & Peterson
Legal
$111,362
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$735,547
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$4,218,860
Noncash contributions included in lines 1a–1f $683,478
Total Revenue from Contributions, Gifts, Grants & Similar$4,954,407
Total Program Service Revenue$23,635,947
Investment income $545,902
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$36,932
Net Income from Gaming Activities $1,941
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $29,101,265

Grants Recieved

Over the last fiscal year, we have identified 11 grants that University Preparatory Academy has recieved totaling $5,709,547.

Awarding OrganizationAmount
Norcliffe Foundation

Seattle, WA

PURPOSE: BUILDING TO INCLUDE, INVENT, INSPIRE CAMPAIGN

$2,500,000
Summit Family Irrv Washington Foundation Trust

Mercer Island, WA

PURPOSE: EDUCATION

$1,030,000
Summit Family Irrv Washington Foundation Trust

Mercer Island, WA

PURPOSE: EDUCATION

$1,030,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: EDUCATION

$545,200
Goldman Sachs Philanthropy Fund

New York, NY

PURPOSE: EDUCATION

$385,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$172,169
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$10,859,232
Earnings$2,832,052
Net Contributions$1,101,277
Other Expense$218,069
Grants$302,701
Ending Balance$14,271,791

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