Career Technical Education Foundation Sonoma County
- Assets
- $1.4m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 8
- Location
- Santa Rosa, CA
- Founding
- 07/2014
- Data as of
- 12/2021
- EIN
- 46-5607272
Organization Overview
Career Technical Education Foundation Sonoma County is located in Santa Rosa, CA. The organization was established in 2014. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 12/2021, Career Technical Education Foundation Sonoma County employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Career Technical Education Foundation Sonoma County 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 12/2021, Career Technical Education Foundation Sonoma County generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.6% each year . All expenses for the organization totaled $1.6m during the year ending 12/2021. While expenses have increased by 16.1% per year over the past 7 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.
Since 2015, Career Technical Education Foundation Sonoma County has awarded 85 individual grants totaling $3,499,164. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
INNOVATING THE EDUCATION-TO-CAREER EXPERIENCE TO STRENGTHEN ECONOMIC DEVELOPMENT AND STUDENT SUCCESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOOL DISTRICTS TRUST CTE FOUNDATION TO BRING CREDIBLE, RESPONSIVE AND TIMELY RESOURCES IN SUPPORT OF HIGH-QUALITY CAREER-CONNECTED LEARNING INITIATIVES. WE ARE THE ONLY SOURCE OF LOCAL FUNDING THAT ALLOWS SCHOOLS TO EXPERIMENT WITH NEW EDUCATION STRATEGIES THAT CONNECT STUDENTS TO MEANINGFUL CAREERS IN SONOMA COUNTY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathy Goodacre CEO | Officer | 40 | $148,814 |
Amber Figueroa Vice President | Officer | 40 | $100,006 |
Cindy Gillespie Chairman | OfficerTrustee | 1.5 | $0 |
Lee Alderman Vice Chair | OfficerTrustee | 1.5 | $0 |
Julianna Graham Treasurer | OfficerTrustee | 1.5 | $0 |
Elisabeth Wade Secretary | OfficerTrustee | 1.5 | $0 |
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 | $1,503,718 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,503,718 |
| Total Program Service Revenue | $72,950 |
| Investment income | $370 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $168,952 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,745,990 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $398,508 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $281,869 |
| Compensation of current officers, directors, key employees. | $14,615 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $364,723 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $48,454 |
| Payroll taxes | $52,418 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $231,193 |
| Advertising and promotion | $3,411 |
| Office expenses | $16,631 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $50,095 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,554,757 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $340,001 |
| Savings and temporary cash investments | $300,586 |
| Pledges and grants receivable | $425,798 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $284,000 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,350,385 |
| Accounts payable and accrued expenses | $89,538 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $89,538 |
| Net assets without donor restrictions | $641,323 |
| Net assets with donor restrictions | $619,524 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,350,385 |
Grants Awarded
Over the last fiscal year, Career Technical Education Foundation Sonoma County has awarded $405,301 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
SANTA ROSA CITY SCHOOLS PURPOSE: Various Grants | $115,000 |
CLOVERDALE HIGH SCHOOL PURPOSE: Various Course Grants | $71,056 |
CASA GRANDE HIGH SCHOOL PURPOSE: Planning Grant | $50,000 |
WEST SONOMA COUNTY HS DIST PURPOSE: Planning Grant | $50,000 |
GEYSERVILLE NEW TECH ACADEMY PURPOSE: Various Course Grants | $49,705 |
WINDSOR HIGH SCHOOL PURPOSE: Course Grant | $21,644 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Career Technical Education Foundation Sonoma County has recieved totaling $290,428.
| Awarding Organization | Amount |
|---|---|
Smidt Foundation Beverly Hills, CA PURPOSE: GENERAL OPERATING SUPPORT | $100,000 |
Community Foundation Sonoma County Santa Rosa, CA PURPOSE: FOR GENERAL OPERATING SUPPORT AND YOUTHTRUTH PROJECT | $39,000 |
The Harry & Jeanette Weinberg Foundation Inc Owings Mills, MD PURPOSE: TO SUPPORT THE SONOMA CORPS AND GIRLS TINKER ACADEMY PROGRAMS. | $38,000 |
Stephen M Silberstein Foundation Belvedere, CA PURPOSE: INNOVATING THE EDUCATION-TO-CAREER EXPERIENCE TO STRENGTHEN ECONOMIC DEVELOPMENT AND STUDENT SUCCESS | $25,000 |
Bancroft Foundation Inc Baltimore, MD PURPOSE: GENERAL SUPPORT | $25,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $22,250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Live Oak A Learning Center For Children San Francisco, CA | $40,489,721 | $19,594,406 |
Biocomx Dana Point, CA | $308,692 | $15,969,949 |
Open Up Resources Menlo Park, CA | $29,661,554 | $16,279,319 |
Teach-Org Inc San Francisco, CA | $5,801,007 | $13,162,873 |
The Reason Foundation Los Angeles, CA | $15,187,245 | $16,170,727 |
San Francisco Study Center Inc San Francisco, CA | $5,230,719 | $12,852,895 |
Hoffman Institute Foundation San Rafael, CA | $2,301,194 | $11,907,757 |
Legacy Traditional School Maricopa Chandler, AZ | $18,281,409 | $11,917,984 |
Cambiar Education San Diego, CA | $11,761,927 | $15,993,046 |
Associated Students Of California State University Chico Chico, CA | $29,452,040 | $13,695,718 |
Todays Fresh Start Los Angeles, CA | $38,805,224 | $12,503,064 |
Agape Fresno, CA | $5,383,451 | $10,431,263 |