Cate School

Organization Overview

Cate School is located in Carpinteria, CA. The organization was established in 1940. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 06/2021, Cate School employed 251 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cate School 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, Cate School generated $55.8m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 17.4% each year . All expenses for the organization totaled $30.6m during the year ending 06/2021. While expenses have increased by 3.7% 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

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."

Describe the Organization's Program Activity:

Part 3 - Line 4a

OPERATIONS AND MAINTENANCE OF A PRIVATE HIGH SCHOOL. APPROXIMATELY 300 STUDENTS ENROLLED.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Hartigan & Foley
Building Contractor
$10,642,521
Flik
Food Service
$1,203,993
Blackbird Architects
Architects
$573,756
Godkin Design
Construction Contractor
$247,820
Allied Universal
Security Guard Service
$221,286
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$13,715,558
Noncash contributions included in lines 1a–1f $1,065,370
Total Revenue from Contributions, Gifts, Grants & Similar$13,715,558
Total Program Service Revenue$19,279,632
Investment income $4,328,848
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $18,186,962
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $55,811,152

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Cate School has recieved totaling $50,000.

Awarding OrganizationAmount
Gates Family Foundation

Denver, CO

PURPOSE: PROJECT SUPPORT

$25,000
Gates Family Foundation

Denver, CO

PURPOSE: PROJECT SUPPORT

$25,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$111,027,445
Earnings$34,956,809
Net Contributions$2,484,365
Other Expense$9,229,318
Ending Balance$139,239,301

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