2015-05-06T16:15:01-05:00 2014-06-30 953680171 MCGOWAN GUNTERMANN 111 E VICTORIA ST 2ND FLOOR SANTA BARBARA CA 931012018 990 2013-07-01 951644630 CATE SCHOOL CATE 8056848409 P O BOX 5005 CARPINTERIA CA 93014 SANDI PIERCE ASST HEADMASTER FINANCE & OPERATION 8056848409 2015-05-04 1 CHRISLEY N REED CPA P00025230 8059629175 2013 2016-03-07 17:11:31Z SANDI PIERCE PO BOX 5005 CARPINTERIA CA 93014 32279759 0 X WWW.CATE.ORG X 1910 CA OPERATION OF PRIVATE HIGH SCHOOL 28 28 192 100 382480 0 3795969 5158395 13275656 14395950 2667423 3707321 239516 406232 19978564 23667898 3292657 3754516 0 0 9943320 10627792 0 0 1074593 7431271 7582231 20667248 21964539 -688684 1703359 135399039 147331008 16324423 15439296 119074616 131891712 OPERATIONS & MAINTENANCE OF A PRIVATE HIGH SCHOOL. APPROXIMATELY 280 STUDENTS ENROLLED. 0 0 17175938 3754516 18127023 OPERATIONS & MAINTENANCE OF A PRIVATE HIGH SCHOOL. APPROXIMATELY 280 STUDENTS ENROLLED. 17175938 1 1 0 0 0 0 0 0 0 1 1 0 1 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 73 0 1 192 1 1 1 0 0 0 0 0 0 0 0 0 X 28 28 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X SANDI PIERCE 8056848409 1960 CATE MESA ROAD CARPINTERIA CA 93013 RICHARD BAUM LIFE TRUSTEE 1.00 X 0 0 0 GREG KUBICEK CHAIRMAN 2.00 X X 0 0 0 NORMAN SPRAGUE TREASURER 2.00 X X 0 0 0 JAMES CRAFTS LIFE TRUSTEE 1.00 X 0 0 0 ASHISH BHUTANI TRUSTEE 1.00 X 0 0 0 HENRY F BURROUGHS VICE PRESIDENT 2.00 X X 0 0 0 THOMAS J CUSACK TRUSTEE 1.00 X 0 0 0 KATE C FIRESTONE TRUSTEE 1.00 X 0 0 0 STEPHEN J GIUSTO TRUSTEE 1.00 X 0 0 0 J WYATT GRUBER TRUSTEE 1.00 X 0 0 0 DAVID L HOROWITZ TRUSTEE 1.00 X 0 0 0 FRANK A HUERTA TRUSTEE 1.00 X 0 0 0 DAN EMMETT LIFE TRUSTEE 1.00 X 0 0 0 GEORGE JAMES LIFE TRUSTEE 1.00 X 0 0 0 JC MASSAR TRUSTEE 1.00 X 0 0 0 MONIQUE F PARSONS PRESIDENT 2.00 X X 0 0 0 LISA BROWNE STANSON TRUSTEE 1.00 X 0 0 0 ERIC C TAYLOR TRUSTEE 1.00 X 0 0 0 KC WALSH TRUSTEE 1.00 X 0 0 0 MARK S WHITING TRUSTEE 1.00 X 0 0 0 NELSON JONES LIFE TRUSTEE 1.00 X 0 0 0 SCOTT BRITTINGHAM TRUSTEE 1.00 X 0 0 0 PALMER JACKSON TRUSTEE 1.00 X 0 0 0 CASEY MCCANN TRUSTEE 1.00 X 0 0 0 JANET C JONES TRUSTEE 1.00 X 0 0 0 BENJAMIN D WILLIAMS HEADMASTER/SECRETARY 40.00 X X 375024 0 52696 SEBASTIAN MAN TRUSTEE 1.00 X 0 0 0 EDWARD R SIMPSON TRUSTEE 1.00 X 0 0 0 SUZI BALLARD CATE PARENTS ORGANIZATION PRESIDENT 1.00 X 0 0 0 SANDI PIERCE ASST HEADMASTER FOR FINANC 40.00 X 178568 0 29597 MARGARET BRADLEY ASST HEADMASTER FOR EXTERN 40.00 X 149579 0 26099 JASON DORION ASST HEADMASTER 40.00 X 145718 0 24537 ANNE HALL DIR-COLLEGE COUNSELING 40.00 X 120342 0 19369 SARAH KIDWELL DIR-MARKETING AND COMMUNIC 40.00 X 124272 0 21778 JOHN TILTON CONTROLLER 40.00 X 108866 0 17968 1202369 0 192044 12 0 1 0 HARTIGAN & FOLEY 28 W MAIN ST VENTURA CA 93001 BUILDING CONTRACTOR 1502516 ARAMARK 1101 MARKET ST PHILADELPHIA PA 19107 FOOD SERVICE 1076389 2 5158395 683417 5158395 TUITION & BOOKS 611600 14110173 14110173 CAMP INCOME 611600 285777 285777 14395950 2568190 2568190 9750992 8611861 1139131 1139131 1139131 CROP PROCEEDS-AVOCADOS 111000 382480 382480 MISCELLANEOUS 611600 23752 23752 406232 23667898 18127023 382480 0 3667316 3667316 87200 87200 671668 450823 220845 7616947 5363944 1564711 688292 735491 518284 150119 67088 1034721 850560 120750 63411 568965 398766 122267 47932 4520 4520 59924 59924 132996 132996 4510 4510 255674 13558 203017 39099 310127 298182 11945 640963 573602 67361 288124 180683 62748 44693 36078 27538 8540 124963 124963 2073302 1969637 103665 231338 231338 FOOD AND HEALTH SERVICE 1006230 1006230 PROGRAM MAINTENANCE & S 961083 961083 STUDENT ACTIVITIES & SE 383147 383147 OTHER PROGRAM EXPENSES 269429 269429 799823 481676 214554 103593 21964539 17175938 3714008 1074593 2560 2760 5371742 6900178 3690264 3873334 2061345 216422 70826 70776 316671 448830 67315780 25378284 41842244 41937496 72224624 84551471 62341 61586 8421759 7937524 1334663 1330631 135399039 147331008 973269 1160192 7747491 6687460 7500000 7105383 103663 486261 16324423 15439296 X 41506044 41220690 29225322 39211201 48343250 51459821 119074616 131891712 135399039 147331008 X 1703359 10051755 1061982 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 83828495 2204212 13714868 3768010 95979565 78160886 912609 9422046 4667046 83828495 79400952 2777285 -715183 3302168 78160886 67004802 3399600 12349986 3353436 79400952 61572598 1492797 7435673 3496266 67004802 0.53200 0.46800 0 0 5112055 5112055 51242169 51242169 7084053 7084053 3877503 3877503 25378284 -25378284 41937496 CATE SCHOOL DEVELOPMENT 7105383 F ASSETS HELD UNDER CHARITABLE TRUST 832141 F 7937524 RESERVE FOR UNEMPLOYMENT CLAIMS 10000 457(B) PLAN LIABILITY 119631 LIABILITIES UNDER CHARITABLE TRUST 356630 486261 X 30040751 10051755 75614 10127369 19913382 3754516 3754516 23667898 18210023 0 18210023 3754516 3754516 21964539 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. THE ENDOWMENT CURRENTLY PROVIDES NEARLY 29% OF THE SCHOOL'S OPERATING BUDGET. PART X, LINE 2: THE SCHOOL IS A CALIFORNIA NONPROFIT CORPORATION, WHICH IS EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION NUMBER 501(C)(3) AND STATE OF CALIFORNIA REVENUE AND TAXATION CODE SECTION 23701(D); THEREFORE, NO PROVISION FOR INCOME TAXES IS REQUIRED. THE SCHOOL QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND IS NOT CONSIDERED TO BE A PRIVATE FOUNDATION. THE SCHOOL EVALUATES UNCERTAIN TAX POSITIONS WHEREBY THE EFFECT OF THE UNCERTAINTY WOULD BE RECORDED IF THE OUTCOME WAS CONSIDERED PROBABLE AND REASONABLE ESTIMABLE. AS OF JUNE 30, 2014, THE SCHOOL HAD NO UNCERTAIN TAX POSITIONS REQUIRING ACCRUAL. THE SCHOOL FILES TAX RETURNS IN CALIFORNIA AND U.S. FEDERAL JURISDICTIONS. THE SCHOOL IS NO LONGER SUBJECT TO U.S. FEDERAL AND STATE TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS ENDED BEFORE JUNE 30, 2010 AND 2009, RESPECTIVELY. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF CHARITABLE TRUSTS 75,614. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS PROVIDED 3,754,516. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS PROVIDED 3,754,516. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 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. 0 EAST ASIA AND THE PACIFIC 0 0 FUNDRAISING & PROGRAM SERVICES ADMISSIONS TRIP TO MEET WITH PROSPECTIVE STUDENTS AND PARENTS REGARDING POSSIBLE ATTENDANCE AT SCHOOL. 2863 EAST ASIA AND THE PACIFIC 0 0 FUNDRAISING & PROGRAM SERVICES DONATED IN KIND AND REPORTED AS SUCH. ADMISSIONS TRIP TO MEET WITH PROSPECTIVE STUDENTS AND PARENTS REGARDING POSSIBLE ATTENDANCE AT SCHOOL. 7065 0 0 0 0 0 0 9928 0 9928 FINANCIAL AID FOR TUITION AFRICA 50600 FINANCIAL AID FOR TUITION IN ORDER FOR STUDENT TO ATTEND SCHOOL. BOOK FINANCIAL AID FOR TUITION SOUTH KOREA 15600 FINANCIAL AID FOR TUITION IN ORDER FOR STUDENT TO ATTEND SCHOOL. BOOK FINANCIAL AID FOR TUITION THAILAND 21000 FINANCIAL AID FOR TUITION IN ORDER FOR STUDENT TO ATTEND SCHOOL. BOOK 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 I, LINE 3: EXPENDITURES ARE AUTHORIZED AND ACCOUNTED FOR BY THE UNITED STATES BASED SCHOOL IN ORDER TO SEND SEVERAL STAFF ON A COMBINATION ADMISSIONS/FUNDRAISING TRIP TO SEVERAL ASIAN COUNTRIES TO MEET WITH PROSPECTIVE STUDENTS AND DONORS. 1 SCHOLARSHIPS AND FINANCIAL AID FOR STUDENTS 79 3149266 BOOK ASSISTANCE IS IN THE FORM OF FINANCIAL AID AND SCHOLARSHIPS FOR SELECTED STUDENTS. 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 1 0 0 0 0 0 0 0 BENJAMIN D WILLIAMS HEADMASTER/SECRETARY 375024 0 0 0 0 0 38715 0 13981 0 427720 0 0 0 SANDI PIERCE ASST HEADMASTER FOR FINANC 178568 0 0 0 0 0 20680 0 8917 0 208165 0 0 0 MARGARET BRADLEY ASST HEADMASTER FOR EXTERN 149579 0 0 0 0 0 17182 0 8917 0 175678 0 0 0 JASON DORION ASST HEADMASTER 145718 0 0 0 0 0 15620 0 8917 0 170255 0 0 0 PART I, LINE 1A ORGANIZATION PROVIDES HOUSING FOR HEADMASTER,AND ASSISTANT HEADMASTER AS ORGANZIATION IS A BOARDING SCHOOL WITH STUDENTS LIVING ON CAMPUS. PART I, LINE 4B THE SCHOOL ADOPTED A 457(B) DEFERRED COMPENSATION PLAN FOR A SELECT GROUP OF MANAGEMENT AND HIGHLY COMPENSATED EMPLOYEES. THE PLAN CURRENTLY COVERS ONE EMPLOYEE, BENJAMIN D. WILLIAMS, HEADMASTER. THE TOTAL CONTRIBUTED TO THE PLAN DURING THE FISCAL YEAR ENDING JUNE 30, 2014 WAS $9,605. X 1 25000 ESTIMATED FMV X 40 622395 MARKET PRICES X 20 15238 ESTIMATED FMV X PROMOTIONAL I 4 8419 ESTIMATED FMV X EVENT RECEPTI 4 8000 ESTIMATED FMV X TRAVEL AND AC 1 4365 ESTIMATED FMV 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 FORM 990 REVIEWED BY BUSINESS MANAGER 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 15 ALL COMPENSATION FOR EMPLOYEES INCLUDING THE HEADMASTER, ASSISTANT HEADMASTER, AND BUSINESS MANAGER IS FIRST REVIEWED AND APPROVED BY THE COMPENSATION COMMITTEE AND THEN PRESENTED TO THE FULL BOARD OF TRUSTEES FOR REVIEW AND APPROVAL. ALSO, COMPENSATION AMOUNTS 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: CHANGE IN VALUE OF CHARITABLE TRUSTS 75,614. PRIOR PERIOD RESTATEMENT 986,368. FORM 990, PART XII, LINE 2C: THE SCHOOL HAS ESTABLISHED AN AUDIT COMMITTEE TO OVERSEE THE ANNUAL FINANCIAL STATEMENT AUDIT.