2012-12-17T11:28:09-06:00 2012-06-30 770181453 NASIF HICKS HARRIS & CO LLP 104 WEST ANAPAMU STREET SUITE B SANTA BARBARA CA 93101 990 2011-07-01 951644630 CATE SCHOOL CATE 8056848409 P O BOX 5005 CARPINTERIA CA 93014 SANDI PIERCE 8056848409 2012-12-10 1 SARAH E TURNER P00968346 8059661521 X 2011 2016-02-24 21:20:13Z SANDI PIERCE PO BOX 5005 CARPINTERIA CA 93014 36295300 0 X WWW.CATE.ORG X 1910 CA OPERATION OF PRIVATE HIGH SCHOOL 31 31 187 0 294099 0 6658377 5590422 11950600 12809606 3004727 1421098 336421 318570 21950125 20139696 2899305 3290113 0 0 9111108 9676375 0 0 1067433 7485097 7345094 19495510 20311582 2454615 -171886 133168202 130272644 17856819 17210476 115311383 113062168 OPERATIONS & MAINTENANCE OF A PRIVATE HIGH SCHOOL. APPROXIMATELY 281 STUDENTS ENROLLED. 0 0 15693511 14255175 OPERATIONS & MAINTENANCE OF A PRIVATE HIGH SCHOOL. APPROXIMATELY 281 STUDENTS ENROLLED. 15693511 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 0 1 60 0 187 1 1 1 0 0 0 0 0 0 0 0 0 X 31 31 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 BENJAMIN D WILLIAMS 40.00 X X X 433758 0 47144 RICHARD BAUM 0.00 X 0 0 0 GREG KUBICEK 0.00 X 0 0 0 NORMAN SPRAGUE 0.00 X 0 0 0 JAMES CRAFTS 0.00 X 0 0 0 ASHISH BHUTANI 0.00 X 0 0 0 HENRY F BURROUGHS 0.00 X 0 0 0 THOMAS J CUSACK 0.00 X 0 0 0 KATE C FIRESTONE 0.00 X 0 0 0 STEPHEN J GIUSTO 0.00 X 0 0 0 J WYATT GRUBER 0.00 X 0 0 0 PERRI V HARCOURT 0.00 X 0 0 0 DAVID L HOROWITZ 0.00 X 0 0 0 FRANK A HUERTA 0.00 X 0 0 0 MARGARET E HYDE 0.00 X 0 0 0 DAN EMMETT 0.00 X 0 0 0 GEORGE JAMES 0.00 X 0 0 0 CHRISTOPHER P MALONEY 0.00 X 0 0 0 JC MASSAR 0.00 X 0 0 0 SEAN M MCAVOY 0.00 X 0 0 0 MONIQUE F PARSONS 0.00 X 0 0 0 LISA BROWNE STANSON 0.00 X 0 0 0 ERIC C TAYLOR 0.00 X 0 0 0 KC WALSH 0.00 X 0 0 0 MARK S WHITING 0.00 X 0 0 0 NELSON JONES 0.00 X 0 0 0 SCOTT BRITTINGHAM 0.00 X 0 0 0 PALMER JACKSON 0.00 X 0 0 0 CASEY MCCANN 0.00 X 0 0 0 MARI MITCHEL 0.00 X 0 0 0 SANDI PIERCE 40.00 X 185000 0 28949 JASON DORION 40.00 X 153500 0 26532 MARGARET BRADLEY 40.00 X 150000 0 25484 ANNE HALL 40.00 X 123000 0 26036 SARAH KIDWELL 40.00 X 119167 0 15700 JOHN TILTON 40.00 X 105000 0 17487 PATRICK COLLINS 40.00 X 101500 0 17097 1370925 0 204429 8 0 1 0 HARTIGAN & FOLEY 28 W MAIN ST VENTURA CA 93001 BUILDING CONTRACTOR 1060970 ARAMARK 1101 MARKET ST PHILADELPHIA PA 19107 FOOD SERVICE 385431 2 5590422 2016607 5590422 TUITION & BOOKS 611600 12529777 12529777 CAMP INCOME 611600 279829 279829 12809606 1759205 1759205 15817497 16155604 -338107 -338107 -338107 CROP PROCEEDS-AVOCADOS 111000 294099 294099 MISCELLANEOUS 611600 24471 24471 318570 20139696 14255175 294099 0 3290113 3290113 772258 433758 338500 6817708 4938483 1191678 687547 2086409 1586275 333300 166834 6924 6924 44779 44779 350 350 1483467 1150928 278558 53981 893499 892951 548 82112 28827 40813 12472 31283 15599 15684 2199502 1989777 209725 SCHEDULE ON FILE NOT E 2423939 1203160 1089864 130915 EQUIPMENT RENTAL & MAIN 179239 179239 20311582 15693511 3550638 1067433 2060 2060 4648816 5336176 5524583 4914983 1811430 2050236 69787 57625 306414 266607 64136550 21968942 43655899 42167608 66495507 66292422 246259 242758 10267919 8812169 139528 130000 133168202 130272644 728091 904735 6850809 7483572 10267919 8812169 10000 10000 17856819 17210476 X 42682433 40954250 28087712 24627277 44541238 47480641 115311383 113062168 133168202 130272644 X -171886 -2077329 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 79172550 2777285 -715183 3302168 77932484 66776400 3399600 12349986 3353436 79172550 61344196 1492797 7435673 3496266 66776400 74732902 765372 -11310837 2843241 61344196 0.61000 0.39000 0 0 4684633 4684633 53350199 17329013 36021186 5051718 3859929 1191789 1050000 780000 270000 42167608 CATE SCHOOL DEVELOPMENT 8812169 F 8812169 RESERVE FOR UNEMPLOYMENT CLAIMS 10000 10000 20139696 20311582 -171886 -2077307 105000 -1972307 -2144193 18062389 -2077307 -2077307 20139696 0 20139696 20206582 0 20206582 105000 105000 20311582 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: 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. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THERE ARE NO UNCERTAIN TAX POSITIONS. PART XI, LINE 8 - OTHER ADJUSTMENTS: CURRENT YEAR DEPRECIATION 105,000. PART XIII, LINE 4B - OTHER ADJUSTMENTS: DEPRECIATION OF LINDROS AVOCADO ORCHARD 105,000. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION 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. 1478 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. 20504 0 0 0 0 0 0 21982 0 21982 FINANCIAL AID FOR TUITION AFRICA 1 0 45900 FINANCIAL AID FOR TUITION IN ORDER FOR STUDENT TO ATTEND SCHOOL. BOOK FINANCIAL AID FOR TUITION AFRICA 1 0 45900 FINANCIAL AID FOR TUITION IN ORDER FOR STUDENT TO ATTEND SCHOOL. BOOK FINANCIAL AID FOR TUITION AFRICA 1 0 45900 FINANCIAL AID FOR TUITION IN ORDER FOR STUDENT TO ATTEND SCHOOL. BOOK FINANCIAL AID FOR TUITION SOUTH KOREA 1 0 10900 FINANCIAL AID FOR TUITION IN ORDER FOR STUDENT TO ATTEND SCHOOL. BOOK 0 0 0 0 0 0 PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.: SCHEDULE F, 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. METHOD USED TO ACCCOUNT FOR EXPENDITURES: SCHEDULE F, 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 90 3290113 BOOK ASSISTANCE IS IN THE FORM OF FINANCIAL AID AND SCHOLARSHIPS FOR SELECTED STUDENTS. PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, 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 D WILLIAMS 433758 0 0 0 0 0 35464 0 11680 0 480902 0 0 0 SANDI PIERCE 185000 0 0 0 0 0 20350 0 8599 0 213949 0 0 0 JASON DORION 153500 0 0 0 0 0 15400 0 11132 0 180032 0 0 0 MARGARET BRADLEY 150000 0 0 0 0 0 16500 0 8984 0 175484 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. X 31 1970433 MARKET PRICES X 2 5364 ESTIMATED FMV X PROMOTIONAL ITEMS 11 3403 ESTIMATED FMV X EVENT RECEPTIONS 16 19134 ESTIMATED FMV X TRAVEL AND ACCOMODATIONS 21 18273 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. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -2,077,307. ROUNDING ADJUSTMENT -22. TOTAL TO FORM 990, PART XI, LINE 5: -2,077,329.