2022-05-12T15:19:45-05:00 2021-06-30 410746749 CLIFTONLARSONALLEN LLP 301 NORTH LAKE AVENUE SUITE 900 PASADENA CA 91101 990 2020-07-01 951644630 CATE SCHOOL CATE 8056848409 PO BOX 5005 CARPINTERIA CA 93014 SANDI PIERCE ASST HEADMASTER FINANCE & OPERATION 8056848409 2022-05-11 1 SANDI PIERCE 999009999 BARED DILACAR P00157338 6267933600 2022-05-11 0 AAL1 IAL1 2020 2022-09-23 18:48:47Z SANDI PIERCE PO BOX 5005 CARPINTERIA CA 93014 179355397 0 X WWW.CATE.ORG X 1910 CA THROUGH COMMITMENT, SCHOLARSHIP, COMPANIONSHIP, AND SERVICE, EACH MEMBER OF THE CATE COMMUNITY CONTRIBUTES TO WHAT OUR FOUNDER CALLED "THE SPIRIT OF THIS PLACE ALL COMPOUNDED OF BEAUTY AND VIRTUE, QUIET STUDY, VIGOROUS PLAY, AND HARD WORK." 27 26 251 100 190610 0 11581812 13715558 18530676 19279632 2767439 22515810 456797 300152 33336724 55811152 5482437 4935878 0 0 14174862 13977461 0 0 1585572 10547789 11637807 30205088 30551146 3131636 25260006 189891519 218939839 19565904 12469987 170325615 206469852 THROUGH COMMITMENT, SCHOLARSHIP, COMPANIONSHIP, AND SERVICE, EACH MEMBER OF THE CATE COMMUNITY CONTRIBUTES TO WHAT OUR FOUNDER CALLED "THE SPIRIT OF THIS PLACE ALL COMPOUNDED OF BEAUTY AND VIRTUE, QUIET STUDY, VIGOROUS PLAY, AND HARD WORK." 0 0 22940549 4935878 19279632 OPERATIONS AND MAINTENANCE OF A PRIVATE HIGH SCHOOL. APPROXIMATELY 300 STUDENTS ENROLLED. 22940549 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 1 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 62 0 1 251 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 27 26 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X SANDI PIERCE 8056844127 1960 CATE MESA ROAD CARPINTERIA CA 93013 BENJAMIN WILLIAMS IV HEADMASTER/SECRETARY 40.00 X X 421630 0 55436 ERIC C TAYLOR VICE PRESIDENT (LEFT JANUARY 2021) 2.00 X X 0 0 0 CALGARY AVANSINO TRUSTEE 1.00 X 0 0 0 RICHARD D BAUM LIFE TRUSTEE 1.00 X 0 0 0 KARL WEIS TRUSTEE 1.00 X 0 0 0 HENRY F BURROUGHS VICE PRESIDENT 2.00 X X 0 0 0 J WYATT GRUBER PRESIDENT 2.00 X X 0 0 0 DAVID TUNNELL TREASURER 2.00 X X 0 0 0 MONIQUE PARSONS CHAIR 2.00 X X 0 0 0 DAN A EMMETT LIFE TRUSTEE 1.00 X 0 0 0 LAUREN CRAIG ALBRECHT TRUSTEE 1.00 X 0 0 0 ROSALIND EMMETT NIEMAN TRUSTEE 1.00 X 0 0 0 MARIANNE SPRAGUE TRUSTEE 1.00 X 0 0 0 CASEY MCCANN TRUSTEE 1.00 X 0 0 0 GREG H KUBICEK TRUSTEE 1.00 X 0 0 0 FRANK A HUERTA TRUSTEE 1.00 X 0 0 0 ADAM S HOROWITZ TRUSTEE 1.00 X 0 0 0 SHEILA MARMON HEUER TRUSTEE 1.00 X 0 0 0 ANNA FORTNER TRUSTEE 1.00 X 0 0 0 LEONE E PRICE TRUSTEE 1.00 X 0 0 0 SYLVIA TORRES-GULLEN TRUSTEE 1.00 X 0 0 0 EDWARD R TED SIMPSON TRUSTEE 1.00 X 0 0 0 PATRICIA MACFARLANE TRUSTEE 1.00 X 0 0 0 LISA B STANSON TRUSTEE 1.00 X 0 0 0 BRIAN TOM TRUSTEE 1.00 X 0 0 0 THATCHER S THOMPSON TRUSTEE 1.00 X 0 0 0 JAMES P JAY MELICAN III TRUSTEE 1.00 X 0 0 0 DANIEL CHERRY III TRUSTEE 1.00 X 0 0 0 JANET C JONES TRUSTEE (LEFT MARCH 2021) 1.00 X 0 0 0 SANDI PIERCE ASST HEAD OF SCHOOL FOR FINANCE AND OPERATIONS 40.00 X 225267 0 36432 JASON DORION ASST. HEADMASTER 40.00 X 180682 0 31065 CHARLOTTE BROWNLEE ASSISTANT HEAD OF SCHOOL FOR EXTERNAL AFFAIRS 40.00 X 164127 0 30811 LINDSAY NEWLOVE DIRECTOR OF ADVANCEMENT 40.00 X 170037 0 25605 JOHN TILTON CONTROLLER 40.00 X 132404 0 20862 PETER MACK ASST HEAD OF SCHOOL FOR STUDENTS 40.00 X 125959 0 22221 1420106 0 222432 14 0 1 0 HARTIGAN & FOLEY 1056 E META ST SUITE 101 VENTURA CA 93001 BUILDING CONTRACTOR 10642521 FLIK PO BOX 50196 LOS ANGELES CA 90071 FOOD SERVICE 1203993 BLACKBIRD ARCHITECTS 235 PALM AVE SANTA BARBARA CA 93101 ARCHITECTS 573756 GODKIN DESIGN 4302 VERANO ST CARPINTERIA CA 93013 CONSTRUCTION CONTRACTOR 247820 ALLIED UNIVERSAL 160 WASHINGTON ST SUITE 600 CONSHOHOCKEN PA 19428 SECURITY GUARD SERVICE 221286 11 13715558 1065370 13715558 TUITION 611600 19153455 19153455 CAMP INCOME 611600 126177 126177 19279632 4328848 4328848 141731207 123544245 18186962 18186962 18186962 CROP PROCEEDS - AVOCADOS 111000 190610 190610 CHANGE IN SPLIT INTEREST 611600 56809 56809 MISCELLANEOUS INCOME 611600 52733 52733 300152 55811152 19279632 190610 22625352 4650678 4650678 285200 285200 781183 178478 502346 100359 9990858 6972632 2183353 834873 1013590 797605 157939 58046 1427459 1151891 203564 72004 764371 526466 176279 61626 28070 28070 128071 128071 39000 39000 201776 201776 75458 75458 795224 795224 353770 353770 697574 498999 161459 37116 289 289 8382 7549 833 85127 85127 2831461 2114857 559301 157303 615603 459802 121601 34200 FOOD AND HEALTH SERVICE 2762377 2063257 545655 153465 REPAIRS AND MAINTENANCE 1236251 1236251 COVID 1087962 1087962 STUDENT ACTIVITIES AND 373340 373340 318072 189361 128711 30551146 22940549 6025025 1585572 1048616 120544 3165846 4293802 12257641 8048921 130094 216361 98000 98000 50803 48974 1219512 953941 107982359 39914846 63317425 68067513 94243104 77349623 12610898 57888791 251081 218027 1498499 1635342 189891519 218939839 1975497 2102996 6440555 5798080 10696202 3969566 453650 599345 19565904 12469987 X 49605885 60694198 120719730 145775654 170325615 206469852 189891519 218939839 X 25260006 12642775 1654706 -3413250 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 111027445 2484365 34956809 9229318 139239301 116839979 1650790 -380744 7082580 111027445 112251916 6345938 1000000 2757875 116839979 104937129 3913055 7821635 4419903 112251916 92107006 2531264 14768203 4469344 104937129 0.55070 0.44930 0 0 5912055 5912055 73237549 73237549 21249960 21249960 5816383 5816383 1766412 39914846 -38148434 68067513 CWC ANGELES INVESTMENTS 11508982 F CWC - ANGELES GLOBAL OPPORTUNITIES 46379809 F 57888791 457B PLAN PAYABLE 512342 CRT LIABILITIES 77003 UNEMPLOYMENT RESERVE 10000 599345 X 63316273 12642775 -4935878 7706897 55609376 201776 201776 55811152 28826742 3413250 3413250 25413492 201776 4935878 5137654 30551146 PART V, LINE 4: GIFTS TO THE ENDOWMENT ARE AN INVESTMENT IN THE LONG-TERM FINANCIAL HEALTH OF THE INSTITUTION. INCOME FROM EACH OF THE SCHOOL'S ENDOWED FUNDS IS USED TO FUND THE SCHOOL'S PROGRAM IN PERPETUITY. THE PRINCIPAL IS INVESTED FOR LONG-TERM GROWTH TO SERVE PRESENT AND FUTURE GENERATIONS OF STUDENTS. PART X, LINE 2: THE SCHOOL HAS BEEN GRANTED EXEMPTION FROM INCOME TAX UNDER SECTIONS 501(C)(3) OF THE INTERNAL REVENUE CODE AND 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ORGANIZATION IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. MANAGEMENT HAS CONSIDERED ITS TAX POSITIONS AND BELIECES ALL OF THE POSITIONS TAKEN BY THE SCHOOL ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID PROVIDED -4,935,878. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID PROVIDED 4,935,878. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 SEE PART II LINE 3 - EXPLANATION OF NONDISCRIMINATION POLICY: CATE SCHOOL ADMITS STUDENTS OF ANY RACE, COLOR, RELIGION, SEXUAL ORIENTATION, NATIONAL OR ETHNIC ORGIN TO ALL RIGHTS, PRIVILEGES, PROGRAMS AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS AT THE SCHOOL. IT DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, RELIGION, SEXUAL ORIENTATION, NATIONAL OR ETHNIC ORGIN IN ADMINISTRATION OF ITS EDUCATIONAL POLICIES, SCHOLARSHIP, ATHLETIC AND OTHER SCHOOL-ADMINISTERED PROGRAMS. 1 CENTRAL AMERICA AND THE CARIBBEAN 0 0 HEDGE FUND INVESTMENTS N/A 11508982 0 0 0 0 0 0 11508982 0 11508982 FINANCIAL AID FOR TUITION CENTRAL AMERICA AND THE CARIBBEAN 2 131600 FINANCIAL AID FINANCIAL AID FOR TUITION ASIA 2 20000 FINANCIAL AID FINANCIAL AID FOR TUITION AFRICA 2 133600 FINANCIAL AID 0 0 0 0 0 0 PART I, LINE 2: ALL ASSISTANCE TO FOREIGN INDIVIDUALS IS USED TO HELP FOREIGN STUDENTS ATTEND THE SCHOOL, WHICH IS LOCATED IN THE UNITED STATES. PART III ACCOUNTING METHOD: 1 SCHOLARSHIP AND FINANCIAL AID FOR STUDENTS 85 4650678 PART I, LINE 2: ALL ASSISTANCE IS IN THE FORM OF EITHER SCHOLARSHIPS OR FINANCIAL AID AND IS USED FOR TUITION FOR SELECTED STUDENTS IN ORDER FOR THEM TO ATTEND THE SCHOOL. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 BENJAMIN WILLIAMS IV HEADMASTER/SECRETARY 421630 0 0 0 0 0 40362 0 15074 0 477066 0 0 0 SANDI PIERCE ASST HEAD OF SCHOOL FOR FINANCE AND 225267 0 0 0 0 0 22600 0 13832 0 261699 0 0 0 JASON DORION ASST. HEADMASTER 170682 0 0 0 10000 0 17400 0 13665 0 211747 0 0 0 LINDSAY NEWLOVE DIRECTOR OF ADVANCEMENT 163037 0 0 0 7000 0 15895 0 9710 0 195642 0 0 0 CHARLOTTE BROWNLEE ASSISTANT HEAD OF SCHOOL FOR EXTERNA 164127 0 0 0 0 0 16487 0 14324 0 194938 0 0 0 JOHN TILTON CONTROLLER 132404 0 0 0 0 0 13110 0 7752 0 153266 0 0 0 PART I, LINE 1A ORGANIZATION PROVIDES HOUSING FOR HEADMASTER,AND ASSISTANT HEADMASTER AS ORGANIZATION IS A BOARDING SCHOOL WITH STUDENTS LIVING ON CAMPUS. PART I, LINE 4 THE SCHOOL ADOPTED A 457(B) DEFERRED COMPENSATION PLAN FOR A SELECT GROUP OF MANAGEMENT AND HIGHLY COMPENSATED EMPLOYEES. X 15500 ESTIMATED FMV X 17 1012620 MARKET PRICE X 1 11000 ESTIMATED FMV X CAST BELL 1 25000 ESTIMATED FMV X PIANO 1 1250 ESTIMATED FMV 0 1 0 PART I, COLUMN (B): COLUMN B REPRESENTS THE TOTAL NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEWED BY ASSISTANT HEAD OF SCHOOL FOR FINANCE AND OPERATIONS SANDI PIERCE AND THEN PRESENTED TO THE BOARD OF TRUSTEES FOR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, DURING A TRUSTEE MEETING, BOARD OF TRUSTEES MEMBERS ARE REQUIRED TO DISCLOSE ANY CONFLICTS OF INTEREST. ANY POTENTIAL CONFLICTS WILL BE INVESTIGATED AND RESOLVED. FORM 990, PART VI, SECTION B, LINE 15A ALL COMPENSATION FOR THE HEADMASTER IS FIRST REVIEWED AND APPROVED BY THE COMPENSATION COMMITTEE AND THEN PRESENTED TO THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES FOR REVIEW AND APPROVAL. ALSO, COMPENSATION AMOUNTS FOR ALL KEY EMPLOYEES ARE COMPARED TO DATA OF OTHER COMPARABLE PRIVATE SCHOOLS MAINTAINED BY THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS. FORM 990, PART VI, SECTION C, LINE 19 SCHOOL WILL PROVIDE COPIES OF ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: LOSS ON UNCOLLECTIBLE RECEIVABLES -3,413,250. FORM 990, PART XII, LINE 2C: THE SCHOOL HAS ESTABLISHED AN AUDIT COMMITTEE TO OVERSEE THE ANNUAL FINANCIAL STATEMENT AUDIT. THERE WERE NO CHANGES IN THE SCHOOL'S OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.