2011-02-08T18:45:54-06:00 2010-06-30 NASIF HICKS HARRIS & CO LLP 104 West Anapamu Street Suite B SANTA BARBARA CA 93101 990 2009-07-01 951644630 CATE SCHOOL CATE 8056848409 P O BOX 5005 CARPINTERIA CA 93014 Sandi Pierce 8056848409 2011-02-04 1 STEVEN J HICKS 8059661521 X 2009 2016-02-24 21:20:13Z Sandi Pierce PO Box 5005 Carpinteria CA 93014 33899289 0 X www.cate.org X 1910 CA OPERATION OF PRIVATE HIGH SCHOOL 43 43 185 520 472983 0 4717982 5438298 10976456 11549982 3279468 2709022 107735 544660 19081641 20241962 2787228 2829893 0 8403207 8643894 0 1322427 6238816 6842238 17429251 18316025 1652390 1925937 105998261 118282232 10049545 15445553 95948716 102836679 OPERATIONS & MAINTENANCE OF A PRIVATE HIGH School. Approximately 287 students enrolled. 0 0 13895690 14330681 OPERATIONS & MAINTENANCE OF A PRIVATE HIGH School. Approximately 287 students enrolled. 13895690 1 1 0 0 0 0 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 1 0 0 0 0 0 0 0 1 64 185 1 185 1 1 1 0 0 0 0 0 0 0 0 0 0 43 43 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 George B James 0.00 X 0 0 0 Greg H Kubicek 0.00 X 0 0 0 Norman F Sprague III 0.00 X 0 0 0 Richard D Baum 0.00 X 0 0 0 James F Crafts Jr 0.00 X 0 0 0 Dan A Emmett 0.00 X 0 0 0 Nelson D Jones 0.00 X 0 0 0 Mary Miller Blakslee 0.00 X 0 0 0 Ashish Bhutani 0.00 X 0 0 0 Henry F Burroughs 0.00 X 0 0 0 John D Caldwell 0.00 X 0 0 0 Michael W Crooke 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 Blake W Jones 0.00 X 0 0 0 Janet C Jones 0.00 X 0 0 0 James D Klingbeil 0.00 X 0 0 0 John M Luce 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 Catherine Beamer 0.00 X 0 0 0 Frank Griffin 0.00 X 0 0 0 Michael Beamer 0.00 X 0 0 0 Charlotte Brownlee 0.00 X 0 0 0 Lisa Holmes 0.00 X 0 0 0 Peter Mack 0.00 X 0 0 0 Benjamin D Williams 40.00 X X 297040 0 31423 Sandi Pierce 40.00 X X 162827 0 24741 Margaret Bradley 40.00 X 110626 0 6705 Jason Dorian 40.00 X 63666 0 26350 570493 0 62869 3 0 1 0 Hartigan & Foley 28 W Main St Ventura CA 93001 Building contractor 7088209 Aramark 1101 Market St Philadelphia PA 19107 Food Service 984718 Flowers & Associates 201 N Calle Cesar Chavez Suite 100 Santa Barbara CA 93103 Civil Engineering Firm 208426 Art Reed Electric 4411 Catlin Cir Carpinteria CA 93013 Electrical contractor 152787 Shubin & Donaldson PO Box 1439 Santa Barbara CA 93102 Architect 102168 5 5438298 1335207 5438298 TUITION & BOOKS 611600 11286988 11286988 CAMP INCOME 611600 262994 262994 11549982 1705436 1705436 14660913 13657327 1003586 1003586 1003586 CROP PROCEEDS-AVOCADOS 111000 472983 472983 MISCELLANEOUS 611600 71677 71677 544660 20241962 14330681 472983 0 2829893 2829893 470325 305325 165000 6354636 4422243 1083790 848603 1818933 1353761 275422 189750 11813 11813 42072 42072 1389730 1037757 284958 67015 728668 725507 3161 82597 19393 35403 27801 34659 13283 21376 1960910 1763113 197797 SCHEDULE ON FILE NOT E 2427248 1274157 985209 167882 Equipment rental & main 164541 164541 18316025 13895690 3097908 1322427 2058 2060 3633752 3951976 5382073 4416535 1454861 1701509 75727 84743 361482 374153 59190623 18115740 34621341 41074883 57586579 59211543 380388 368802 2500000 7000000 0 96028 105998261 118282232 1290987 1786334 6248558 6649219 2500000 7000000 10000 10000 10049545 15445553 X 32979029 40263197 23346900 21431844 39622787 41141638 95948716 102836679 105998261 118282232 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 61344196 1492797 7435673 3496266 66776400 74732902 765372 -11310837 2843241 61344196 0.62000 0.38000 0 0 4684633 4684633 48776859 13561254 35215605 4679131 3984486 694645 1050000 570000 480000 41074883 Cate school development 7000000 F 7000000 RESERVE FOR UNEMPLOYMENT CLAIMS 10000 10000 20241962 18316025 1925937 4962011 105015 5067026 6992963 25203973 4962011 4962011 20241962 0 20241962 18211025 0 18211025 105000 105000 18316025 Part V, Line 4: Description of Intended Use of Endowment Funds: 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: Description of Uncertain Tax Positions Under FIN 48: There are no uncertain tax positions. Part XI, Line 8 - Other Adjustments: Rounding Adjustment: 15. Current year Depreciation: 105000. Part XII, Line 4b - Other Adjustments: Rounding adjustments: 0. Part XIII, Line 4b - Other Adjustments: DEPRECIATION OF LINDROS AVOCADO ORCHARD: 105000. 1 1 1 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 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 East Asia and the Pacific 0 0 Fundraising & program services Admissions trip to meet with prospective students and parents regarding possible attendance at school. 1483 0 0 1483 Financial aid for tuition Africa 1 41600 Financial aid for tuition in order for student to attend school. book 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 85 2829893 Book Assitance 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 297040 0 0 0 0 0 33586 0 0 0 330626 0 0 0 Sandi Pierce 162827 0 0 0 0 0 18150 0 0 0 180977 0 0 0 Part I, Line 1a Organization provides housing for Headmaster,and Assitant Headmaster as organziation is a boarding school with students living on campus. Also Headmaster is provided a housecleaning allowance in order to maintain the campus residence. X 2 1000 Estimated FMV X 126 Estimated FMV X 3600 Estimated FMV X 39 1116043 Market Prices X 1 194175 Estimated FMV X 36 35641 Estimated FMV X Computers & software 1 1300 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. There were no changes from the prior year for the committee that assumes responsibility for the oversight of the annual audit.