Civic Intelligence

Cabrillo Education Foundation

990 • Fiscal year 2018 • EIN 94-2976402

Jan 01, 2018 to Dec 31, 2018 • Filed on May 06, 2019

PO Box 354Half Moon Bay, CA 94019

(650) 286-7811

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

49th percentile

0.08x

Higher debt load relative to assets than 49% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

86th percentile

1.00x

Higher debt load relative to revenue than 86% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

7th percentile

-41%

Higher net margin than 7% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

66th percentile

$94,500

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 41.8% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

12th percentile

-11%

Faster asset growth than 12% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

22nd percentile

-9.3%

Faster revenue growth than 22% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$2,835,970

Down $360,508 (-11%) from 2017

Net Assets

Down

$2,609,935

Down $378,509 (-13%) from 2017

Liabilities

Up

$226,035

Up $18,001 (+8.7%) from 2017

Revenue

Down

$226,339

Down $23,262 (-9.3%) from 2017

Expenses

Down

$318,998

Down $48,800 (-13%) from 2017

Net Income

Up

-$92,659

Up $25,538 (+22%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $2,267,697Liabilities 2011: $170Net Assets 2011: $2,267,5272011Assets 2012: $2,596,873Liabilities 2012: $1,304Net Assets 2012: $2,595,5692012Assets 2013: $3,142,651Liabilities 2013: $250,000Net Assets 2013: $2,892,6512013Assets 2014: $3,171,061Liabilities 2014: $172,476Net Assets 2014: $2,998,5852014Assets 2015: $3,103,144Liabilities 2015: $180,139Net Assets 2015: $2,923,0052015Assets 2016: $3,087,209Liabilities 2016: $184,806Net Assets 2016: $2,902,4032016Assets 2017: $3,196,478Liabilities 2017: $208,034Net Assets 2017: $2,988,4442017Assets 2018: $2,835,970Liabilities 2018: $226,035Net Assets 2018: $2,609,9352018Assets 2019: $2,996,516Liabilities 2019: $152,397Net Assets 2019: $2,844,1192019Assets 2020: $3,286,706Liabilities 2020: $235,527Net Assets 2020: $3,051,1792020Assets 2021: $3,701,488Liabilities 2021: $193,264Net Assets 2021: $3,508,2242021Assets 2022: $2,922,310Liabilities 2022: $185,418Net Assets 2022: $2,736,8922022Assets 2023: $3,348,534Liabilities 2023: $16,534Net Assets 2023: $3,332,0002023Assets 2024: $3,514,633Liabilities 2024: $9,435Net Assets 2024: $3,505,1982024

Highlighted filing

2018

Assets$2,835,970
Liabilities$226,035
Net Assets$2,609,935

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2011: $867,351Expenses 2011: $111,852Net Income 2011: $755,4992011Revenue 2012: $306,221Expenses 2012: $158,054Net Income 2012: $148,1672012Revenue 2013: $354,447Expenses 2013: $339,881Net Income 2013: $14,5662013Revenue 2014: $440,951Expenses 2014: $256,256Net Income 2014: $184,6952014Revenue 2015: $335,559Expenses 2015: $313,139Net Income 2015: $22,4202015Revenue 2016: $289,144Expenses 2016: $407,468Net Income 2016: -$118,3242016Revenue 2017: $249,601Expenses 2017: $367,798Net Income 2017: -$118,1972017Revenue 2018: $226,339Expenses 2018: $318,998Net Income 2018: -$92,6592018Revenue 2019: $374,214Expenses 2019: $390,204Net Income 2019: -$15,9902019Revenue 2020: $264,573Expenses 2020: $458,703Net Income 2020: -$194,1302020Revenue 2021: $426,915Expenses 2021: $378,437Net Income 2021: $48,4782021Revenue 2022: $277,376Expenses 2022: $405,178Net Income 2022: -$127,8022022Revenue 2023: $342,656Expenses 2023: $417,534Net Income 2023: -$74,8782023Revenue 2024: $313,951Expenses 2024: $395,947Net Income 2024: -$81,9962024

Highlighted filing

2018

Revenue$226,339
Expenses$318,998
Net Income-$92,659
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 6, 2019
Return Version
2018v3.1
Gross Receipts
$226,926
Mission and Program Overview

Mission

Mission: we champion success for coastside public school students. Cef serves as a student success innovation fund to launch new, creative and powerful initiatives to improve students' education. Its endowment provides the sustainability until these initiatives are woven into the fabric of our community. Cef is an advocate for and funds high leverage programs that have well defined outcomes and can make "big impacts" for student success. In collaboration with coastside school districts, cef identifies clear goals, strategies, and resources required for each initiative to achieve results. There are several major themes for cef basic grant making at this time: - literacy (k-3) - college and career readiness (avid 6th - 12th grades, computer science and science) - critical thinking skills (innovation grants) grants in these areas fund and promote teacher professional development and informational libraries that increase our students' reading proficiency by the end of third grade. Cef has

Cef is serving as a student success innovation fund to promote new, creative and powerful initiatives to improve students' education in our community. It is an advocate for and funds high leverage programs that have well defined outcomes and can make "big impacts" for student success. In collaboration with coastside school districts, cef identifies clear goals, strategies, and resources required for each initiative to achieve results. There are several major themes for cef basic grant making at this time: - literacy (k-3) - college and career readiness (avid 6th - 12th grades, science, social and emotional well being) - learning and enrichment (innovation grants) grants in these areas have funded and promoted teacher professional development and informational libraries that significantly increase our students' reading proficiency by the end of third grade. Cef has also been able to expand the outcome based college and career readiness program (avid) from 6th through 12th grade. Cef lev

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,097,448$2,590,174▼ $507,274
Cash and Non-Interest-Bearing Accounts$89,798$187,662▲ $97,864
Total Assets$3,196,478$2,835,970▼ $360,508
Other Assets Total$9,232$58,134▲ $48,902
Liabilities
Other Liabilities$195,909$226,035▲ $30,126
Accounts Payable and Accrued Expenses$12,125--
Total Liabilities$208,034$226,035▲ $18,001
Net Assets / Fund Balance
Temporarily Rstr Net Assets$2,794,287$2,781,396▼ $12,891
Unrestricted Net Assets$194,157$-171,461▼ $365,618
Total Net Assets Fund Balance$2,988,444$2,609,935▼ $378,509
Total Liabilities and Net Assets / Fund Balance$3,196,478$2,835,970▼ $360,508

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$2,891,137$86,848▼ $149,114$55,042$2,582,013
2017$2,750,334$87,713▲ $305,173$57,410$2,891,137
2016$2,739,769$139,492▲ $182,293$99,255$2,750,334
2015$2,874,878$203,663▼ $51,999$94,771$2,739,769
2014$2,782,083$339,867▲ $9,184$94,199$2,874,878
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Keith CernakExecutive DiFT$94,500$94,500

Board Members and Trustees

NameTitle
Deborah HedgerPresident
Matt HaugenSecretary /
Kevin ConnellTreasurer
Jackson RobertsonVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$92,949
Program Service Revenue
$0
Investment Income
$124,031
Other Revenue
$9,359
All Other Contributions
$92,949
Change in Net Assets
$-92,659
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$171,436
Salaries, Compensation, and Employee Benefits$120,193
Other Expenses$27,369
Total Fundraising Expense$26,119
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$171,436--$171,436
Current Officers, Directors, Trustees, and Key Employees$70,875$4,725$18,900$94,500
Other Employee Benefits$12,903$860$3,440$17,203
Advertising$6,957$3,747-$10,704
Payroll Taxes$6,367$425$1,698$8,490
Occupancy-$6,075-$6,075
Insurance-$2,260-$2,260
Office Expenses-$2,120-$2,120
Fees for Services Accounting-$1,192-$1,192
All Other Expenses$75$632$8$715
Other Expenses$579$475$2,073$475
Total Functional Expenses$269,192$23,687$26,119$318,998
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Cabrillo Unified School DistrictHalf Moon Bay, CAGovReading , College$171,436
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$9,946
Fundraising Direct Expenses$587
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Cusd Awards to Be Paid Out$204,712
Innovation Grants$11,725
Accrued Pto$8,803
Credit Cards$795
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI

The board has a written policy for document retention and destruction.

Form 990, Page 6, Part VI, Line 11B

The treasurer and executive director review the draft form 990 in detail. Once they approve the draft, a draft 990 is provided to all board members for review.

Form 990, Page 6, Part VI, Line 12C

Directors are monitored annually for conflict of interest.

Form 990, Page 6, Part VI, Line 15A

The human resource committee meets at least annually and conducts a performance and compensation review of the executive director.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available to the public upon request.

Form 990, Part VII

Executive director is a non-voting member of the executive board.

Filing and Contact Details

Filer

Filer Name
Cabrillo Education Foundation
EIN
94-2976402
Phone
6502867811
Address
PO BOX 354, HALF MOON BAY, CA 94019

Signing Officer

Name
Matt Haugen
Title
Secretary / Inc Pres
Signed
2019-05-06

Organization Details

Principal Officer
Matt Haugen
Formed
1985
Legal Domicile
CA
Voting Board Members
12
Independent Board Members
0
Employees
1
Volunteers
16

Preparer

Firm
Coastside Tax Consultants
Address
225 CABRILLO HWY S STE 105D, HALF MOON BAY, CA 94019-7205
Preparer
Cindy Chong
Phone
6507135089
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Cef is serving as a student success innovation fund to promote new, creative and powerful initiatives to improve students' education in our community. It is an advocate for and funds high leverage programs that have well defined outcomes and can make "big impacts" for student success. In collaboration with coastside school districts, cef identifies clear goals, strategies, and resources required for each initiative to achieve results. There are several major themes for cef basic grant making at this time: - literacy (k-3) - college and career readiness (avid 6th - 12th grades, science, social and emotional well being) - learning and enrichment (innovation grants) grants in these areas have funded and promoted teacher professional development and informational libraries that significantly increase our students' reading proficiency by the end of third grade. Cef has also been able to expand the outcome based college and career readiness program (avid) from 6th through 12th grade. Cef leverages the power of its annual endowment distribution to add new programs such as its innovation grants to both cusd faculty and students. These grants seek to identify and support teacher and student innovations that can be gamechangers and potentially taken to scale.

Form 990, Page 2, Part III, Line 4A

Literacy - big lift: cef is the catalyst in making "big collective impacts". It is doing this by forming high leverage collaborative partnerships to meet student needs at a level greater than any one entity could do on its own. Cef co-wrote the big lift grant which is funded by the white house's social innovation fund and san mateo county's measure a. Cef also provided the initial community cash match for this grant and continued to do so in 2018. The silicon valley community foundation, google, the coastside children's program among many others are partnering with cef and the cabrillo unified school district (cusd) to address literacy at the earliest levels. This is critical for all of our students to learn to read proficiently by the end of third grade so that they can then read to learn. More than 2 million in early learning/literacy funds have been brought into our community due to cef advocacy. Reading proficiency/early literacy -by the end of the 2018 school year there were 3rd to 4th grade literacy gains from 44% to 49% per the new state caaspp measurements. His was achieved by cef: -building upon pre-k literacy efforts cef funded k-3 programs so that 80% of our students will be reading proficiently by the end of third grade. Programs include the reader's workshop that provides high quality professional development for our teachers through columbia university's teacher's college reading and writing program. - cef has been building upon its investment in early reading development through providing "targeted" reading materials across the k-5 grade level range as part of the classrooms' libraries. College/career readiness programs in 2018 cef funded the national recognized avid program for 6th and 12th grade students to develop the organizational skills to be college and career ready. Approximately 2000 students benefited from faculty-directed professional development and collaboration to assist secondary science teachers in becoming models and experts in next generation science standards. Cef partnered with the school district to provide 71,500 for a science specialist position. With the support of cef, the 5th grade science teacher will continue to teach 5th grade science and also embed a unit of computer science. The teacher will be able to cover all four elementary sites, a total of about 250 students in about 9 classrooms. This will also increase collaboration between the 5th grade science teacher and other elementary teachers as our elementary schools begin to explore next generation science standards. Coastside futures / promise: in 2018 cef continued its collaboration with the cabrillo unified school district and the la honda pescadero in the coastside futures effort. This new coastside futures initiative now being taken to scale provides critical supports to students along the pathway from pre k-college to insure college & career readiness and completion. Cef has seed funded this multimillion dollar pre-k through college initiative with its advocacy and cash match for the big lift early learning grant, k-3 literacy programs, the expansion of the avid college readiness program from 6th-12th grades and now college scholarships. In 2018, cef/coastside futures distributed 55 college scholarships to low income students across the coastside for a total of 27,500. This coastside futures pre-k through college initiative is a collective impact effort, a collaboration that allows expertise and funds to be leveraged to have the greatest impact on our coastside students' success. National model & local model our approach to forming collaborative partnerships for greater collective impact has been recognized nationally, statewide, regionally and locally and includes: - invited to the white house in october 2016 to discuss college affordability issues. - recognized as a national model of collective impact and collaboration for student success by the national school foundation association in the spring of 2017. - in 2017 receive

Form 990, Part XI, Line 9

Schwab earnings not in books -123,771 prior year adj -12,966 total -136,737

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The cabrillo education foundation endowment fund is designed to provide a long term, stable source of unrestricted income to the schools within the cabrillo unified school district. Every donation is a lasting gift that will benefit our students and community for generations. For 2018, there was 216,437 accrued cusd grants that were not expensed by 12/31/18. This ongoing disparity extends from the fact that the organization uses the accrual method of accounting and the school year ends in 6/30 rather than 12/31.

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IRS990/ActivityOrMissionDesc0CEF IS SERVING AS A STUDENT SUCCESS INNOVATION FUND TO PROMOTE NEW, CREATIVE AND POWERFUL INITIATIVES TO IMPROVE STUDENTS' EDUCATION IN OUR COMMUNITY. IT IS AN ADVOCATE FOR AND FUNDS HIGH LEVERAGE PROGRAMS THAT HAVE WELL DEFINED OUTCOMES AND CAN MAKE "BIG IMPACTS" FOR STUDENT SUCCESS. IN COLLABORATION WITH COASTSIDE SCHOOL DISTRICTS, CEF IDENTIFIES CLEAR GOALS, STRATEGIES, AND RESOURCES REQUIRED FOR EACH INITIATIVE TO ACHIEVE RESULTS. THERE ARE SEVERAL MAJOR THEMES FOR CEF BASIC GRANT MAKING AT THIS TIME: - LITERACY (K-3) - COLLEGE AND CAREER READINESS (AVID 6TH - 12TH GRADES, SCIENCE, SOCIAL AND EMOTIONAL WELL BEING) - LEARNING AND ENRICHMENT (INNOVATION GRANTS) GRANTS IN THESE AREAS HAVE FUNDED AND PROMOTED TEACHER PROFESSIONAL DEVELOPMENT AND INFORMATIONAL LIBRARIES THAT SIGNIFICANTLY INCREASE OUR STUDENTS' READING PROFICIENCY BY THE END OF THIRD GRADE. CEF HAS ALSO BEEN ABLE TO EXPAND THE OUTCOME BASED COLLEGE AND CAREER READINESS PROGRAM (AVID) FROM 6TH THROUGH 12TH GRADE. CEF LEV
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IRS990/Desc0LITERACY - BIG LIFT: CEF IS THE CATALYST IN MAKING "BIG COLLECTIVE IMPACTS". IT IS DOING THIS BY FORMING HIGH LEVERAGE COLLABORATIVE PARTNERSHIPS TO MEET STUDENT NEEDS AT A LEVEL GREATER THAN ANY ONE ENTITY COULD DO ON ITS OWN. CEF CO-WROTE THE BIG LIFT GRANT WHICH IS FUNDED BY THE WHITE HOUSE'S SOCIAL INNOVATION FUND AND SAN MATEO COUNTY'S MEASURE A. CEF ALSO PROVIDED THE INITIAL COMMUNITY CASH MATCH FOR THIS GRANT AND CONTINUED TO DO SO IN 2018. THE SILICON VALLEY COMMUNITY FOUNDATION, GOOGLE, THE COASTSIDE CHILDREN'S PROGRAM AMONG MANY OTHERS ARE PARTNERING WITH CEF AND THE CABRILLO UNIFIED SCHOOL DISTRICT (CUSD) TO ADDRESS LITERACY AT THE EARLIEST LEVELS. THIS IS CRITICAL FOR ALL OF OUR STUDENTS TO LEARN TO READ PROFICIENTLY BY THE END OF THIRD GRADE SO THAT THEY CAN THEN READ TO LEARN. MORE THAN 2 MILLION IN EARLY LEARNING/LITERACY FUNDS HAVE BEEN BROUGHT INTO OUR COMMUNITY DUE TO CEF ADVOCACY. READING PROFICIENCY/EARLY LITERACY -BY THE END OF THE 2018 SCHOOL YEAR THERE WERE 3RD TO 4TH GRADE LITERACY GAINS FROM 44% TO 49% PER THE NEW STATE CAASPP MEASUREMENTS. HIS WAS ACHIEVED BY CEF: -BUILDING UPON PRE-K LITERACY EFFORTS CEF FUNDED K-3 PROGRAMS SO THAT 80% OF OUR STUDENTS WILL BE READING PROFICIENTLY BY THE END OF THIRD GRADE. PROGRAMS INCLUDE THE READER'S WORKSHOP THAT PROVIDES HIGH QUALITY PROFESSIONAL DEVELOPMENT FOR OUR TEACHERS THROUGH COLUMBIA UNIVERSITY'S TEACHER'S COLLEGE READING AND WRITING PROGRAM. - CEF HAS BEEN BUILDING UPON ITS INVESTMENT IN EARLY READING DEVELOPMENT THROUGH PROVIDING "TARGETED" READING MATERIALS ACROSS THE K-5 GRADE LEVEL RANGE AS PART OF THE CLASSROOMS' LIBRARIES. COLLEGE/CAREER READINESS PROGRAMS IN 2018 CEF FUNDED THE NATIONAL RECOGNIZED AVID PROGRAM FOR 6TH AND 12TH GRADE STUDENTS TO DEVELOP THE ORGANIZATIONAL SKILLS TO BE COLLEGE AND CAREER READY. APPROXIMATELY 2000 STUDENTS BENEFITED FROM FACULTY-DIRECTED PROFESSIONAL DEVELOPMENT AND COLLABORATION TO ASSIST SECONDARY SCIENCE TEACHERS IN BECOMING MODELS AND EXPERTS IN NEXT GENERATION SCIENCE STANDARDS. CEF PARTNERED WITH THE SCHOOL DISTRICT TO PROVIDE 71,500 FOR A SCIENCE SPECIALIST POSITION. WITH THE SUPPORT OF CEF, THE 5TH GRADE SCIENCE TEACHER WILL CONTINUE TO TEACH 5TH GRADE SCIENCE AND ALSO EMBED A UNIT OF COMPUTER SCIENCE. THE TEACHER WILL BE ABLE TO COVER ALL FOUR ELEMENTARY SITES, A TOTAL OF ABOUT 250 STUDENTS IN ABOUT 9 CLASSROOMS. THIS WILL ALSO INCREASE COLLABORATION BETWEEN THE 5TH GRADE SCIENCE TEACHER AND OTHER ELEMENTARY TEACHERS AS OUR ELEMENTARY SCHOOLS BEGIN TO EXPLORE NEXT GENERATION SCIENCE STANDARDS. COASTSIDE FUTURES / PROMISE: IN 2018 CEF CONTINUED ITS COLLABORATION WITH THE CABRILLO UNIFIED SCHOOL DISTRICT AND THE LA HONDA PESCADERO IN THE COASTSIDE FUTURES EFFORT. THIS NEW COASTSIDE FUTURES INITIATIVE NOW BEING TAKEN TO SCALE PROVIDES CRITICAL SUPPORTS TO STUDENTS ALONG THE PATHWAY FROM PRE K-COLLEGE TO INSURE COLLEGE & CAREER READINESS AND COMPLETION. CEF HAS SEED FUNDED THIS MULTIMILLION DOLLAR PRE-K THROUGH COLLEGE INITIATIVE WITH ITS ADVOCACY AND CASH MATCH FOR THE BIG LIFT EARLY LEARNING GRANT, K-3 LITERACY PROGRAMS, THE EXPANSION OF THE AVID COLLEGE READINESS PROGRAM FROM 6TH-12TH GRADES AND NOW COLLEGE SCHOLARSHIPS. IN 2018, CEF/COASTSIDE FUTURES DISTRIBUTED 55 COLLEGE SCHOLARSHIPS TO LOW INCOME STUDENTS ACROSS THE COASTSIDE FOR A TOTAL OF 27,500. THIS COASTSIDE FUTURES PRE-K THROUGH COLLEGE INITIATIVE IS A COLLECTIVE IMPACT EFFORT, A COLLABORATION THAT ALLOWS EXPERTISE AND FUNDS TO BE LEVERAGED TO HAVE THE GREATEST IMPACT ON OUR COASTSIDE STUDENTS' SUCCESS. NATIONAL MODEL & LOCAL MODEL OUR APPROACH TO FORMING COLLABORATIVE PARTNERSHIPS FOR GREATER COLLECTIVE IMPACT HAS BEEN RECOGNIZED NATIONALLY, STATEWIDE, REGIONALLY AND LOCALLY AND INCLUDES: - INVITED TO THE WHITE HOUSE IN OCTOBER 2016 TO DISCUSS COLLEGE AFFORDABILITY ISSUES. - RECOGNIZED AS A NATIONAL MODEL OF COLLECTIVE IMPACT AND COLLABORATION FOR STUDENT SUCCESS BY THE NATIONAL SCHOOL FOUNDATION ASSOCIATION IN THE SPRING OF 2017. - IN 2017 RECEIVE
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CABRILLO EDUCATION FOUNDATION ENDOWMENT FUND IS DESIGNED TO PROVIDE A LONG TERM, STABLE SOURCE OF UNRESTRICTED INCOME TO THE SCHOOLS WITHIN THE CABRILLO UNIFIED SCHOOL DISTRICT. EVERY DONATION IS A LASTING GIFT THAT WILL BENEFIT OUR STUDENTS AND COMMUNITY FOR GENERATIONS. FOR 2018, THERE WAS 216,437 ACCRUED CUSD GRANTS THAT WERE NOT EXPENSED BY 12/31/18. THIS ONGOING DISPARITY EXTENDS FROM THE FACT THAT THE ORGANIZATION USES THE ACCRUAL METHOD OF ACCOUNTING AND THE SCHOOL YEAR ENDS IN 6/30 RATHER THAN 12/31.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CEF IS SERVING AS A STUDENT SUCCESS INNOVATION FUND TO PROMOTE NEW, CREATIVE AND POWERFUL INITIATIVES TO IMPROVE STUDENTS' EDUCATION IN OUR COMMUNITY. IT IS AN ADVOCATE FOR AND FUNDS HIGH LEVERAGE PROGRAMS THAT HAVE WELL DEFINED OUTCOMES AND CAN MAKE "BIG IMPACTS" FOR STUDENT SUCCESS. IN COLLABORATION WITH COASTSIDE SCHOOL DISTRICTS, CEF IDENTIFIES CLEAR GOALS, STRATEGIES, AND RESOURCES REQUIRED FOR EACH INITIATIVE TO ACHIEVE RESULTS. THERE ARE SEVERAL MAJOR THEMES FOR CEF BASIC GRANT MAKING AT THIS TIME: - LITERACY (K-3) - COLLEGE AND CAREER READINESS (AVID 6TH - 12TH GRADES, SCIENCE, SOCIAL AND EMOTIONAL WELL BEING) - LEARNING AND ENRICHMENT (INNOVATION GRANTS) GRANTS IN THESE AREAS HAVE FUNDED AND PROMOTED TEACHER PROFESSIONAL DEVELOPMENT AND INFORMATIONAL LIBRARIES THAT SIGNIFICANTLY INCREASE OUR STUDENTS' READING PROFICIENCY BY THE END OF THIRD GRADE. CEF HAS ALSO BEEN ABLE TO EXPAND THE OUTCOME BASED COLLEGE AND CAREER READINESS PROGRAM (AVID) FROM 6TH THROUGH 12TH GRADE. CEF LEVERAGES THE POWER OF ITS ANNUAL ENDOWMENT DISTRIBUTION TO ADD NEW PROGRAMS SUCH AS ITS INNOVATION GRANTS TO BOTH CUSD FACULTY AND STUDENTS. THESE GRANTS SEEK TO IDENTIFY AND SUPPORT TEACHER AND STUDENT INNOVATIONS THAT CAN BE GAMECHANGERS AND POTENTIALLY TAKEN TO SCALE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LITERACY - BIG LIFT: CEF IS THE CATALYST IN MAKING "BIG COLLECTIVE IMPACTS". IT IS DOING THIS BY FORMING HIGH LEVERAGE COLLABORATIVE PARTNERSHIPS TO MEET STUDENT NEEDS AT A LEVEL GREATER THAN ANY ONE ENTITY COULD DO ON ITS OWN. CEF CO-WROTE THE BIG LIFT GRANT WHICH IS FUNDED BY THE WHITE HOUSE'S SOCIAL INNOVATION FUND AND SAN MATEO COUNTY'S MEASURE A. CEF ALSO PROVIDED THE INITIAL COMMUNITY CASH MATCH FOR THIS GRANT AND CONTINUED TO DO SO IN 2018. THE SILICON VALLEY COMMUNITY FOUNDATION, GOOGLE, THE COASTSIDE CHILDREN'S PROGRAM AMONG MANY OTHERS ARE PARTNERING WITH CEF AND THE CABRILLO UNIFIED SCHOOL DISTRICT (CUSD) TO ADDRESS LITERACY AT THE EARLIEST LEVELS. THIS IS CRITICAL FOR ALL OF OUR STUDENTS TO LEARN TO READ PROFICIENTLY BY THE END OF THIRD GRADE SO THAT THEY CAN THEN READ TO LEARN. MORE THAN 2 MILLION IN EARLY LEARNING/LITERACY FUNDS HAVE BEEN BROUGHT INTO OUR COMMUNITY DUE TO CEF ADVOCACY. READING PROFICIENCY/EARLY LITERACY -BY THE END OF THE 2018 SCHOOL YEAR THERE WERE 3RD TO 4TH GRADE LITERACY GAINS FROM 44% TO 49% PER THE NEW STATE CAASPP MEASUREMENTS. HIS WAS ACHIEVED BY CEF: -BUILDING UPON PRE-K LITERACY EFFORTS CEF FUNDED K-3 PROGRAMS SO THAT 80% OF OUR STUDENTS WILL BE READING PROFICIENTLY BY THE END OF THIRD GRADE. PROGRAMS INCLUDE THE READER'S WORKSHOP THAT PROVIDES HIGH QUALITY PROFESSIONAL DEVELOPMENT FOR OUR TEACHERS THROUGH COLUMBIA UNIVERSITY'S TEACHER'S COLLEGE READING AND WRITING PROGRAM. - CEF HAS BEEN BUILDING UPON ITS INVESTMENT IN EARLY READING DEVELOPMENT THROUGH PROVIDING "TARGETED" READING MATERIALS ACROSS THE K-5 GRADE LEVEL RANGE AS PART OF THE CLASSROOMS' LIBRARIES. COLLEGE/CAREER READINESS PROGRAMS IN 2018 CEF FUNDED THE NATIONAL RECOGNIZED AVID PROGRAM FOR 6TH AND 12TH GRADE STUDENTS TO DEVELOP THE ORGANIZATIONAL SKILLS TO BE COLLEGE AND CAREER READY. APPROXIMATELY 2000 STUDENTS BENEFITED FROM FACULTY-DIRECTED PROFESSIONAL DEVELOPMENT AND COLLABORATION TO ASSIST SECONDARY SCIENCE TEACHERS IN BECOMING MODELS AND EXPERTS IN NEXT GENERATION SCIENCE STANDARDS. CEF PARTNERED WITH THE SCHOOL DISTRICT TO PROVIDE 71,500 FOR A SCIENCE SPECIALIST POSITION. WITH THE SUPPORT OF CEF, THE 5TH GRADE SCIENCE TEACHER WILL CONTINUE TO TEACH 5TH GRADE SCIENCE AND ALSO EMBED A UNIT OF COMPUTER SCIENCE. THE TEACHER WILL BE ABLE TO COVER ALL FOUR ELEMENTARY SITES, A TOTAL OF ABOUT 250 STUDENTS IN ABOUT 9 CLASSROOMS. THIS WILL ALSO INCREASE COLLABORATION BETWEEN THE 5TH GRADE SCIENCE TEACHER AND OTHER ELEMENTARY TEACHERS AS OUR ELEMENTARY SCHOOLS BEGIN TO EXPLORE NEXT GENERATION SCIENCE STANDARDS. COASTSIDE FUTURES / PROMISE: IN 2018 CEF CONTINUED ITS COLLABORATION WITH THE CABRILLO UNIFIED SCHOOL DISTRICT AND THE LA HONDA PESCADERO IN THE COASTSIDE FUTURES EFFORT. THIS NEW COASTSIDE FUTURES INITIATIVE NOW BEING TAKEN TO SCALE PROVIDES CRITICAL SUPPORTS TO STUDENTS ALONG THE PATHWAY FROM PRE K-COLLEGE TO INSURE COLLEGE & CAREER READINESS AND COMPLETION. CEF HAS SEED FUNDED THIS MULTIMILLION DOLLAR PRE-K THROUGH COLLEGE INITIATIVE WITH ITS ADVOCACY AND CASH MATCH FOR THE BIG LIFT EARLY LEARNING GRANT, K-3 LITERACY PROGRAMS, THE EXPANSION OF THE AVID COLLEGE READINESS PROGRAM FROM 6TH-12TH GRADES AND NOW COLLEGE SCHOLARSHIPS. IN 2018, CEF/COASTSIDE FUTURES DISTRIBUTED 55 COLLEGE SCHOLARSHIPS TO LOW INCOME STUDENTS ACROSS THE COASTSIDE FOR A TOTAL OF 27,500. THIS COASTSIDE FUTURES PRE-K THROUGH COLLEGE INITIATIVE IS A COLLECTIVE IMPACT EFFORT, A COLLABORATION THAT ALLOWS EXPERTISE AND FUNDS TO BE LEVERAGED TO HAVE THE GREATEST IMPACT ON OUR COASTSIDE STUDENTS' SUCCESS. NATIONAL MODEL & LOCAL MODEL OUR APPROACH TO FORMING COLLABORATIVE PARTNERSHIPS FOR GREATER COLLECTIVE IMPACT HAS BEEN RECOGNIZED NATIONALLY, STATEWIDE, REGIONALLY AND LOCALLY AND INCLUDES: - INVITED TO THE WHITE HOUSE IN OCTOBER 2016 TO DISCUSS COLLEGE AFFORDABILITY ISSUES. - RECOGNIZED AS A NATIONAL MODEL OF COLLECTIVE IMPACT AND COLLABORATION FOR STUDENT SUCCESS BY THE NATIONAL SCHOOL FOUNDATION ASSOCIATION IN THE SPRING OF 2017. - IN 2017 RECEIVE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD HAS A WRITTEN POLICY FOR DOCUMENT RETENTION AND DESTRUCTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE TREASURER AND EXECUTIVE DIRECTOR REVIEW THE DRAFT FORM 990 IN DETAIL. ONCE THEY APPROVE THE DRAFT, A DRAFT 990 IS PROVIDED TO ALL BOARD MEMBERS FOR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DIRECTORS ARE MONITORED ANNUALLY FOR CONFLICT OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE HUMAN RESOURCE COMMITTEE MEETS AT LEAST ANNUALLY AND CONDUCTS A PERFORMANCE AND COMPENSATION REVIEW OF THE EXECUTIVE DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7EXECUTIVE DIRECTOR IS A NON-VOTING MEMBER OF THE EXECUTIVE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8SCHWAB EARNINGS NOT IN BOOKS -123,771 PRIOR YEAR ADJ -12,966 TOTAL -136,737
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VII
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XI, LINE 9
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0226339
IRS990/TotalVolunteersCnt016
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03196478
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02835970
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0194157
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-171461
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 1661
IRS990/USAddress/CityNm0EL GRANADA
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd094018
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0WWW.CEFFUND.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/PersonNm0MATT HAUGEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY / INC PRES
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CABRILLO EDUCATION FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0CABR
ReturnHeader/Filer/EIN0942976402
ReturnHeader/Filer/PhoneNum06502867811
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 354
ReturnHeader/Filer/USAddress/CityNm0HALF MOON BAY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd094019
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId080F3F8873FB02C603520277147E544F1AD371DE9
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0CDFB8039C3140FF7C53D0EEAB6554398665119AD
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt067.180.239.230
ReturnHeader/FilingSecurityInformation/IPDt02019-07-15

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.51$0.01$3.51$0.31$0.40$0.08
2023Detailed filing. Detailed filing data is available for this year.$3.35$0.02$3.33$0.34$0.42$0.07
2022Detailed filing. Detailed filing data is available for this year.$2.92$0.19$2.74$0.28$0.41$0.13
2021Detailed filing. Detailed filing data is available for this year.$3.70$0.19$3.51$0.43$0.38$0.05
2020Detailed filing. Detailed filing data is available for this year.$3.29$0.24$3.05$0.26$0.46$0.19
2019Detailed filing. Detailed filing data is available for this year.$3.00$0.15$2.84$0.37$0.39$0.02
2018Detailed filing. Detailed filing data is available for this year.$2.84$0.23$2.61$0.23$0.32$0.09
2017Detailed filing. Detailed filing data is available for this year.$3.20$0.21$2.99$0.25$0.37$0.12
2016Detailed filing. Detailed filing data is available for this year.$3.09$0.18$2.90$0.29$0.41$0.12
2015Detailed filing. Detailed filing data is available for this year.$3.10$0.18$2.92$0.34$0.31$0.02
2014Detailed filing. Detailed filing data is available for this year.$3.17$0.17$3.00$0.44$0.26$0.18
2013Summary only. Only limited summary data is available for this year.$3.14$0.25$2.89$0.35$0.34$0.01
2012Summary only. Only limited summary data is available for this year.$2.60$0.00$2.60$0.31$0.16$0.15
2011Summary only. Only limited summary data is available for this year.$2.27$0.00$2.27$0.87$0.11$0.76