Civic Intelligence

Cabrillo Education Foundation

990 • Fiscal year 2023 • EIN 94-2976402

Jan 01, 2023 to Dec 31, 2023 • Filed on Jun 07, 2024

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

27th percentile

0.00x

Higher debt load relative to assets than 27% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

41st percentile

0.05x

Higher debt load relative to revenue than 41% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

15th percentile

-22%

Higher net margin than 15% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

70th percentile

15%

Faster asset growth than 70% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

70th percentile

24%

Faster revenue growth than 70% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$3,348,534

Up $426,224 (+15%) from 2022

Net Assets

Up

$3,332,000

Up $595,108 (+22%) from 2022

Liabilities

Down

$16,534

Down $168,884 (-91%) from 2022

Revenue

Up

$342,656

Up $65,280 (+24%) from 2022

Expenses

Up

$417,534

Up $12,356 (+3.0%) from 2022

Net Income

Up

-$74,878

Up $52,924 (+41%) from 2022

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

2023

Assets$3,348,534
Liabilities$16,534
Net Assets$3,332,000

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

2023

Revenue$342,656
Expenses$417,534
Net Income-$74,878
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jun 7, 2024
Return Version
2023v5.0
Gross Receipts
$393,851
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$2,816,125$3,219,818▲ $403,693
Savings and Temporary Cash Investments$67,983$75,161▲ $7,178
Accounts Receivable$23,124$40,334▲ $17,210
Cash and Non-Interest-Bearing Accounts$15,078$13,221▼ $1,857
Total Assets$2,922,310$3,348,534▲ $426,224
Liabilities
Other Liabilities$185,418$16,534▼ $168,884
Total Liabilities$185,418$16,534▼ $168,884
Net Assets / Fund Balance
Net Assets With Donor Restrictions$2,622,897$2,622,897→ $0
Net Assets Without Donor Restrictions$113,995$709,103▲ $595,108
Total Net Assets Fund Balance$2,736,892$3,332,000▲ $595,108
Total Liabilities and Net Assets / Fund Balance$2,922,310$3,348,534▲ $426,224

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$2,816,126$172,984▲ $585,978$100,015$3,219,818
2022$3,573,853$221,020▼ $603,747$158,705$2,816,126
2021$3,216,267$235,242▲ $497,447$146,423$3,573,853
2020$2,903,571$75,340▲ $538,856$16,564$3,216,267
2019$2,582,013$30,000▲ $647,311$93,606$2,903,571
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$179,532
Program Service Revenue
$0
Investment Income
$92,135
Other Revenue
$70,989
All Other Contributions
$179,532
Change in Net Assets
$-74,878
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$223,838
Salaries, Compensation, and Employee Benefits$151,560
Total Fundraising Expense$42,436
Other Expenses$42,136
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$223,838--$223,838
Other Salaries and Wages$67,848$13,570$31,662$113,080
Other Employee Benefits$18,185$3,638$8,486$30,309
Fees for Services Accounting-$9,780-$9,780
Payroll Taxes$4,902$981$2,288$8,171
Occupancy-$5,783-$5,783
Fees for Services Other-$4,969-$4,969
Advertising$4,203--$4,203
Insurance-$2,968-$2,968
Other Expenses$8,292$673-$673
All Other Expenses-$477-$477
Office Expenses-$418-$418
Total Functional Expenses$327,268$47,830$42,436$417,534
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Cabrillo Unified School DistrictHalf Moon Bay, CAGovSci, Avid,$171,600
Cabrillo Unified School DistrictHalf Moon Bay, CAGovCoastside Promise$36,500
Cabrillo Unified School DistrictHalf Moon Bay, CAGovInnovation Grants$15,738
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$88,422
Fundraising Direct Expenses$18,441
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Cornhole and Ot$88,422$88,422$18,441$69,981
Total Events$88,422$88,422$18,441$69,981
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Pto$9,240
Innovation Grants$6,976
Credit Cards$318
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 35% controlled entity
No
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.

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
Stephanie Izzarelli
Title
Treasurer
Phone
6503390370
Signed
2024-06-07

Organization Details

Principal Officer
Stephanie Izzarelli
Formed
1985
Legal Domicile
CA
Voting Board Members
8
Independent Board Members
8
Employees
1
Volunteers
30

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

Cef achievements 2023 the cabrillo education foundation (cef) funded program services for 3,200 cabrillo unified school district students covering three vital education pillars: science, math, and college & career readiness. In addition to supporting critical school programs, cef also provided yearly teacher innovation grants and coastside futures student scholarships. Science programs: approximately 2000 students benefited from dedicated faculty-directed collaboration time to assist district science teachers from 5th grade to 12th grade in becoming models and experts in next generation science standards. Cef partnered with the school district to provide 105,000 for a 5th grade science specialist position. With the support of cef, the 5th grade science teacher continued to teach 5th grade science to approximately 250 students from four elementary schools. Math program: cef funding supported the 6th - 12th grade math teachers in a monthly collaboration, which was key to aligning the new curriculum adoption. College & career readiness: cef funded the real life learning (rll) program at half moon bay hs, which gives students opportunities to explore career pathways through community service and work-based learning. Cef partnered with rll and cte at the high school to deliver a year-long career exploration initiative with 7 career panels and a job fair. Innovation grants: cef funded 10 innovation grants (1000 each) to teachers within the cusd schools. These grants allow teachers to think outside of their standard curriculum. For example, funding provides engaging materials for the 5th grade science curriculum, educational games & supplies to help develop basic stem skills, and a digital art & design's class t-shirt logo contest resulting in over 50 3-color screen printed shirts. Coastside futures/scholarships: in 2023, cef continued its collaboration with the cabrillo unified and the la honda / pescadero school districts in the coastside futures effort. In 2023, college scholarships were granted to 18 total students: 14 at half moon bay high school, 2 at pilarcitos, and 2 at la honda pescadero for a total of 40,000.

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.

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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/Desc0CEF ACHIEVEMENTS 2023 THE CABRILLO EDUCATION FOUNDATION (CEF) FUNDED PROGRAM SERVICES FOR 3,200 CABRILLO UNIFIED SCHOOL DISTRICT STUDENTS COVERING THREE VITAL EDUCATION PILLARS: SCIENCE, MATH, AND COLLEGE & CAREER READINESS. IN ADDITION TO SUPPORTING CRITICAL SCHOOL PROGRAMS, CEF ALSO PROVIDED YEARLY TEACHER INNOVATION GRANTS AND COASTSIDE FUTURES STUDENT SCHOLARSHIPS. SCIENCE PROGRAMS: APPROXIMATELY 2000 STUDENTS BENEFITED FROM DEDICATED FACULTY-DIRECTED COLLABORATION TIME TO ASSIST DISTRICT SCIENCE TEACHERS FROM 5TH GRADE TO 12TH GRADE IN BECOMING MODELS AND EXPERTS IN NEXT GENERATION SCIENCE STANDARDS. CEF PARTNERED WITH THE SCHOOL DISTRICT TO PROVIDE 105,000 FOR A 5TH GRADE SCIENCE SPECIALIST POSITION. WITH THE SUPPORT OF CEF, THE 5TH GRADE SCIENCE TEACHER CONTINUED TO TEACH 5TH GRADE SCIENCE TO APPROXIMATELY 250 STUDENTS FROM FOUR ELEMENTARY SCHOOLS. MATH PROGRAM: CEF FUNDING SUPPORTED THE 6TH - 12TH GRADE MATH TEACHERS IN A MONTHLY COLLABORATION, WHICH WAS KEY TO ALIGNING THE NEW CURRICULUM ADOPTION. COLLEGE & CAREER READINESS: CEF FUNDED THE REAL LIFE LEARNING (RLL) PROGRAM AT HALF MOON BAY HS, WHICH GIVES STUDENTS OPPORTUNITIES TO EXPLORE CAREER PATHWAYS THROUGH COMMUNITY SERVICE AND WORK-BASED LEARNING. CEF PARTNERED WITH RLL AND CTE AT THE HIGH SCHOOL TO DELIVER A YEAR-LONG CAREER EXPLORATION INITIATIVE WITH 7 CAREER PANELS AND A JOB FAIR. INNOVATION GRANTS: CEF FUNDED 10 INNOVATION GRANTS (1000 EACH) TO TEACHERS WITHIN THE CUSD SCHOOLS. THESE GRANTS ALLOW TEACHERS TO THINK OUTSIDE OF THEIR STANDARD CURRICULUM. FOR EXAMPLE, FUNDING PROVIDES ENGAGING MATERIALS FOR THE 5TH GRADE SCIENCE CURRICULUM, EDUCATIONAL GAMES & SUPPLIES TO HELP DEVELOP BASIC STEM SKILLS, AND A DIGITAL ART & DESIGN'S CLASS T-SHIRT LOGO CONTEST RESULTING IN OVER 50 3-COLOR SCREEN PRINTED SHIRTS. COASTSIDE FUTURES/SCHOLARSHIPS: IN 2023, CEF CONTINUED ITS COLLABORATION WITH THE CABRILLO UNIFIED AND THE LA HONDA / PESCADERO SCHOOL DISTRICTS IN THE COASTSIDE FUTURES EFFORT. IN 2023, COLLEGE SCHOLARSHIPS WERE GRANTED TO 18 TOTAL STUDENTS: 14 AT HALF MOON BAY HIGH SCHOOL, 2 AT PILARCITOS, AND 2 AT LA HONDA PESCADERO FOR A TOTAL OF 40,000.
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IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
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IRS990/MissionDesc0CEF 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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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0FUNDRAISING EVENTS 136,302
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1INNOVATION GRANTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2CREDIT CARDS
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.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SCI, AVID,
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1INNOVATION GRANTS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2COASTSIDE PROMISE
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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/ExplanationTxt1CEF ACHIEVEMENTS 2023 THE CABRILLO EDUCATION FOUNDATION (CEF) FUNDED PROGRAM SERVICES FOR 3,200 CABRILLO UNIFIED SCHOOL DISTRICT STUDENTS COVERING THREE VITAL EDUCATION PILLARS: SCIENCE, MATH, AND COLLEGE & CAREER READINESS. IN ADDITION TO SUPPORTING CRITICAL SCHOOL PROGRAMS, CEF ALSO PROVIDED YEARLY TEACHER INNOVATION GRANTS AND COASTSIDE FUTURES STUDENT SCHOLARSHIPS. SCIENCE PROGRAMS: APPROXIMATELY 2000 STUDENTS BENEFITED FROM DEDICATED FACULTY-DIRECTED COLLABORATION TIME TO ASSIST DISTRICT SCIENCE TEACHERS FROM 5TH GRADE TO 12TH GRADE IN BECOMING MODELS AND EXPERTS IN NEXT GENERATION SCIENCE STANDARDS. CEF PARTNERED WITH THE SCHOOL DISTRICT TO PROVIDE 105,000 FOR A 5TH GRADE SCIENCE SPECIALIST POSITION. WITH THE SUPPORT OF CEF, THE 5TH GRADE SCIENCE TEACHER CONTINUED TO TEACH 5TH GRADE SCIENCE TO APPROXIMATELY 250 STUDENTS FROM FOUR ELEMENTARY SCHOOLS. MATH PROGRAM: CEF FUNDING SUPPORTED THE 6TH - 12TH GRADE MATH TEACHERS IN A MONTHLY COLLABORATION, WHICH WAS KEY TO ALIGNING THE NEW CURRICULUM ADOPTION. COLLEGE & CAREER READINESS: CEF FUNDED THE REAL LIFE LEARNING (RLL) PROGRAM AT HALF MOON BAY HS, WHICH GIVES STUDENTS OPPORTUNITIES TO EXPLORE CAREER PATHWAYS THROUGH COMMUNITY SERVICE AND WORK-BASED LEARNING. CEF PARTNERED WITH RLL AND CTE AT THE HIGH SCHOOL TO DELIVER A YEAR-LONG CAREER EXPLORATION INITIATIVE WITH 7 CAREER PANELS AND A JOB FAIR. INNOVATION GRANTS: CEF FUNDED 10 INNOVATION GRANTS (1000 EACH) TO TEACHERS WITHIN THE CUSD SCHOOLS. THESE GRANTS ALLOW TEACHERS TO THINK OUTSIDE OF THEIR STANDARD CURRICULUM. FOR EXAMPLE, FUNDING PROVIDES ENGAGING MATERIALS FOR THE 5TH GRADE SCIENCE CURRICULUM, EDUCATIONAL GAMES & SUPPLIES TO HELP DEVELOP BASIC STEM SKILLS, AND A DIGITAL ART & DESIGN'S CLASS T-SHIRT LOGO CONTEST RESULTING IN OVER 50 3-COLOR SCREEN PRINTED SHIRTS. COASTSIDE FUTURES/SCHOLARSHIPS: IN 2023, CEF CONTINUED ITS COLLABORATION WITH THE CABRILLO UNIFIED AND THE LA HONDA / PESCADERO SCHOOL DISTRICTS IN THE COASTSIDE FUTURES EFFORT. IN 2023, COLLEGE SCHOLARSHIPS WERE GRANTED TO 18 TOTAL STUDENTS: 14 AT HALF MOON BAY HIGH SCHOOL, 2 AT PILARCITOS, AND 2 AT LA HONDA PESCADERO FOR A TOTAL OF 40,000.
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/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19

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