2024-02-22T10:27:25-08:00 2023-06-30 883279586 Hiep Pham CPA Inc 41041 Trimboli Way 1926 Fremont CA 94538 990 2023-01-01 465607272 Career Technical Education Foundation Sonoma County CARE 7077087080 1030 Apollo Way 200 Santa Rosa CA 95407 Kathy Goodacre CEO 7077087080 2024-02-22 true Kathy Goodacre XXX-XX-XXXX true Hiep Pham P01346204 5107897736 2024-02-22 3 AAL1 IAL1 FAL1 2023 2023-04-26 12:10:37Z Kathy Goodacre 1030 Apollo Way 200 Santa Rosa CA 95407 509527 false X www.ctesonomacounty.org X 2014 CA INNOVATING THE EDUCATION-TO-CAREER EXPERIENCE TO STRENGTHEN ECONOMIC DEVELOPMENT AND STUDENT SUCCESS. 14 14 0 25 0 0 2336633 425226 0 -11096 7844 0 0 2325537 433070 468381 197644 0 880758 468813 0 71885 529796 328550 1878935 995007 446602 -561937 1840524 1359270 133075 213758 1707449 1145512 INNOVATING THE EDUCATION-TO-CAREER EXPERIENCE TO STRENGTHEN ECONOMIC DEVELOPMENT AND STUDENT SUCCESS. false false 869740 197644 0 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. 869740 true true false false false false false false false false false false false true true true true false false false false false false false true false false true false false false false false false false false false false false false false false false false false false false true 0 0 true 0 true false false false false false false false false false false X 14 14 false false false false false false false true true false false true true true true true true true false false CA X X Kathy Goodacre 7077087080 1030 Apollo Way 200 Santa Rosa CA 95407 Lee Alderman Chair 1.50 X X 0 0 0 Mark Soiland Vice Chair 1.50 X X 0 0 0 Julianna Graham Treasurer 1.50 X X 0 0 0 Elisabeth Wade Secretary 1.50 X X 0 0 0 Cindy Gillespie Director 1.50 X 0 0 0 Brad Davis Director 1.50 X 0 0 0 Vince Figueroa Director 1.50 X 0 0 0 Katie Greaves Director 1.50 X 0 0 0 Leyla Hashemi Director 1.50 X 0 0 0 Priscilla Jaworski Quintanilla Director 1.50 X 0 0 0 Luisa McInnis Director 1.50 X 0 0 0 Erica Torgerson Director 1.50 X 0 0 0 Hector Velazquez Director 1.50 X 0 0 0 Arif Virji Director 1.50 X 0 0 0 Kathy Goodacre Chief Executive Officer 40.00 X 91902 0 0 Leslie Simmons VP of Impact and Investments 40.00 X 63100 0 0 155002 0 0 false false false 181208 244018 425226 7844 0 0 76457 181208 76457 0 0 0 433070 7844 0 0 197644 197644 155002 73912 40449 40641 226377 107947 59074 59356 54373 20336 23267 10770 33061 15931 8366 8764 43874 0 43874 0 160873 82468 19205 59200 1776 0 1776 0 17144 0 11880 5264 25960 0 25960 0 Program Supplies 49964 50365 -401 0 Teacher and Student Support 12810 12810 0 0 Other Expenses 16149 0 10358 5791 Administrative Allocation 0 308327 -190426 -117901 995007 869740 53382 71885 207195 209691 502205 306939 825708 613804 138750 80000 87846 90956 78820 57880 1840524 1359270 53086 154664 79989 59094 133075 213758 X 501794 440911 1205655 704601 1707449 1145512 1840524 1359270 -561937 X false true X true false X 0 3250184 1138512 1414439 1503718 2336633 9643486 0 0 3250184 1138512 1414439 1503718 2336633 9643486 0 9643486 8225 12186 2895 370 -11096 12580 0 0 9656066 0.99870 0.99720 X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Operating Lease Right-of-Use Asset 57880 57880 Operating Lease Liability 59094 59094 X 433070 433070 433070 995007 995007 995007 Pt X, Line 2 The Foundation is exempt from Federal income taxes under Section 501(c)(3) of the Internal Revenue Code. The Foundation is also exempt from California franchise taxes under Section 23701(d) of the Revenue and Taxation Code and, therefore, has made no provision for Federal or California income taxes. Contributors, donors, and grantors may obtain tax benefits. In addition, the Foundation has been determined by the Internal Revenue Service not to be a private foundation within the meaning of Section 509(a) of the Code. The Foundation adopted the recognition requirements for uncertain income tax positions as required by generally accepted accounting principles, with no cumulative effect adjustment required. Income tax benefits are recognized for income tax positions taken or expected to be taken in a tax return, only when it is determined that the income tax position will more-likely-thannot be sustained upon examination by taxing authorities. The Foundation has analyzed tax positions taken for filing with the Internal Revenue Service and all state jurisdictions where it operates. The Foundation believes that income tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse effect on the Foundations financial condition, results of operations, or cash flows. Accordingly, the Foundation has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions at June 30, 2023. The Foundation tax periods in progress. Spark the Future! 257665 181208 76457 76457 257665 181208 76457 76457 76457 0 false Casa Grande High School 333 Casa Grande Road Petaluma CA 94954 942775543 10750 Planning Grant Cloverdale High School 509 N Cloverdale Blvd Cloverdale CA 95425 453150705 26650 Various Course Grants Santa Rosa City Schools 211 Ridgway Avenue Santa Rosa CA 95401 680180139 99781 Various Grants Geyserville New Tech Academy 1300 Moody Lane Geyserville CA 95441 371737941 20000 Various Course Grants Sonoma Valley High School 17850 Railroad Street Sonoma CA 95476 364766953 6585 Course Grant Windsor High School 9291 Old Redwood Hwy Bld 500 Windsor CA 95492 611710600 10823 Course Grant Distance Learning Grants 1030 Apollo Way Suite 200 Santa Rosa CA 95407 000000000 8055 Distance Learning Grants Sonoma-Marin Area Rail Transit 5401 Old Redwood Hwy N 200 Petaluma CA 94954 721575834 15000 Various Grants Pt VI, Line 11b TAX RETURN IS REVIEWED BY THE FINANCE COMMITTEE AND APPROVED BY THE BOARD BEFORE FILING Pt VI, Line 12c THERE ARE CASES OF SELF-DEALING TRANSACTIONS WHERE CAREER TECHNICAL EDUCATION FOUNDATION SONOMA COUNTY IS TREATED FAIRLY AND MAY ACTUALLY BENEFIT FROM DEALING WITH ITS BOARD MEMBERS, I.E., A BOARD MEMBER MAY CONTRACT WITH IT TO PROVIDE NEEDED GOODS OR SERVICES AT A FAIR PRICE. "FAIR PRICE" IN THIS CONTEXT MEANS THAT THE TERMS ARE REASONABLE TO CTEFSC, THE CONTRACT IS FOR CTEFSC'S BENEFIT (NOT THE BOARD MEMBER'S BENEFIT), AND THE COMPANY COULD NOT HAVE OBTAINED A MORE ADVANTAGEOUS ARRANGEMENT WITH REASONABLE EFFORT. ONE OF THE FUNCTIONS OF THE DISINTERESTED REVIEW OF THE BOARD OF DIRECTORS IS TO DETERMINE THAT CTEFSC RECEIVES A FAIR PRICE. ANY TRANSACTION IN WHICH THE CORPORATION IS A PARTY AND IN WHICH ONE OR MORE OF THE DIRECTORS HAS A MATERIAL FINANCIAL INTEREST MUST COMPLY WITH THE PROVISIONS OF S 5233 OF THE CALIFORNIA CORPORATIONS CODE, INCLUDING THE FINDING BY THE BOARD OF THE FOLLOWING: *THE CORPORATION ENTERED INTO THE TRANSACTION FOR ITS OWN BENEFIT; *THE TRANSACTION WAS FAIR AND REASONABLE AS TO THE CORPORATION AT THE TIME THE CORPORATION ENTERED INTO THE TRANSACTION; *PRIOR TO CONSUMMATING THE TRANSACTION OR ANY PART THEREOF( THE BOARD AUTHORIZED OR APPROVED THE TRANSACTION IN GOOD FAITH BY A VOTE OF A MAJORITY OF THE DIRECTORS THEN IN OFFICE WITHOUT COUNTING THE VOTE OF THE INTERESTED DIRECTOR OR DIRECTORS, AND WITH KNOWLEDGE OF MATERIAL FACTS CONCERNING THE TRANSACTION AND THE DIRECTOR'S INTEREST IN THE TRANSACTION; AND, *PRIOR TO AUTHORIZING OR APPROVING THE TRANSACTION, THE BOARD CONSIDERED AND IN GOOD FAITH DETERMINED AFTER REASONABLE INVESTIGATION UNDER THE CIRCUMSTANCES, THAT THE CORPORATION COULD NOT HAVE OBTAINED A MORE ADVANTAGEOUS ARRANGEMENT WITH REASONABLE EFFORT UNDER THE CIRCUMSTANCES. Pt VI, Line 15a -ED/CEO REVIEW IS CONDUCTED ANNUALLY AND INCLUDES PERFORMANCE AND COMPENSATION -CURRENT BOARD CHAIR AND INCOMING CHAIR LEAD ON THIS EFFORT -AS A REFERENCE, THE ORGANIZATION UTILIZES THE ANNUAL REPORT BY THE BAY AREA NONPROFIT SALARY AND COMPENSATION STUDY TO ESTABLISH SALARIES AND COMPENSATION (FOR CEO AND OTHER STAFF) BASED ON COMPARISONS WITH LIKE ORGANIZATIONS OF SIMILAR SIZE AND WITHIN THE NORTHBAY. -THE BOARD OF DIRECTORS ANNUALLY REVIEW THE PERFORMANCE REVIEW AND APPROVE THE CEO ANNUAL SALARY AND COMPENSATION. Pt VI, Line 18 UPON REQUEST Pt VI, Line 19 UPON REQUEST Other Change in Fiscal Year The Foundations fiscal year was previously for the period January 1st to December 31st. In February 2023, the Foundation elected to change its fiscal year to the period July 1st to June 30th. The Internal Revenue Service approved the election to change the Foundations fiscal year to the period July 1st to June 30th. As a result, the Foundation has presented its financial statements for the 18-month period ended June 30, 2023 to include its previous fiscal period from January 1, 2022 to December 31, 2022 and its short fiscal period from January 1, 2023 to June 30, 2023. Form 990, Part IX, Line 11g Program Coordination/Planning 68484. 68484. 0. 0. Form 990, Part IX, Line 11g Professional Fees and Services 84641. 13984. 11457. 59200. Form 990, Part IX, Line 11g Payroll Fees 7748. 0. 7748. 0.