Catesol

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EIN 95-3096320 Business league / trade association Eureka, CA NTEE B63C
Form 990 (PDF)

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Revenue & expenses by yearFY2021–FY2024
Revenue
$142K
FY2024▼ -9%
Expenses
$138K
FY2024▲ +11%

Form 990 for the fiscal year ending December 2024 (IRS tax year 2024).


Improves English teaching skills for non-native speakers. For fiscal year 2024 it reported $142K in revenue, $138K in expenses, and $147K in net assets.Pt I

Founded
1987
Type
Business league / trade association · Education
Location
Eureka, CA
Website
www.catesol.org
Filings
4 on file (2021–2024)
Revenue
$142KFY2024
Expenses
$138K
Net assets
$147K
People
5
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Provided by the organization

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Size
$100K–1M
What they do
Improves English teaching skills for non-native speakers.
Leadership
Song Hong · President
Money in and out
$142K revenue, $138K expenses
Bottom line
+3% operating surplus
Membership & operating revenue · FY2024
Total revenue
$142K
Pt VIII · Ln 12
Total expenses
$138K
Pt IX · Ln 25
Net assets
$147K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $4K
Where spending went · Part IX cols B–D
Program services $0.89 Management & general $0.11
Operating surplus
+3%
revenue over expenses▼ -85% vs prior filing year
Earned revenue
89%
of revenue from program services & dues▼ -11% vs prior filing year
Program spending
89%
of expenses reach member services▼ -2% vs prior filing year

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Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$147K
FY2024▲ +3%
Total liabilities
$0
FY2024
Revenue less expensesPt I · Ln 19$4K
Total assetsPt X · Ln 16$147K
Program-expense ratioPt IX · col B89%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CCatesol
EINHdr · item D95-3096320
Principal addressHdr · item CEureka, CA
WebsiteHdr · item Jwww.catesol.org
Year of formationHdr · item L1987
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(6) · active
NTEE classificationIRS BMFEducation (B63C)
Ruling yearIRS BMFMay 1977

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $123K of program spending, described in the organization's own filed words · FY2024.
01

Statewide and regional educational conferences and workshops to provide teaching materials and skills to teachers of non-english speaking students.

$123Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$126K · 89%
Contributions & grants$16K · 11%
Program service revenue89%$126K
Contributions & grants11%$16K
Total revenueLn 12$142K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.89 Management & general $0.11
Program services89%$123K
Management & general11%$15K
Total functional expensesLn 25$138K

Balance Sheet

Part X · end of year
CashLn 1$147K
Total assetsLn 16$147K
Total liabilitiesLn 26$0
Total net assetsLn 32$147K
Months of cash on handcomputed12.8

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $147K · Operating expenses/yr $138K
12.8 months
Where the money goes
Program services
Program services $123K · Total expenses $138K
89%
Management & General
Management & general $15K · Total expenses $138K
11%
Fundraising
Fundraising $0 · Total expenses $138K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $13K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $16K · Total revenue $142K
11%
Government reliance
Government grants — · Total revenue $142K
Earned-income share
Program service revenue $126K · Total revenue $142K
89%
Investment reliance
Investment income $0 · Total revenue $142K
0%
Program self-sufficiency
Program service revenue $126K · Total expenses $138K
92%
Growth & trend
Revenue growth (YoY)
This year $142K · Prior year $155K
-9%
Revenue CAGR
FY2020 $97K · FY2024 $142K
+10%
Net-asset trend (YoY)
End of year $147K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $142K · Expenses $138K
+3%
Liabilities-to-Assets
Total liabilities — · Total assets $147K
Net-asset ratio
Net assets $147K · Total assets $147K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $147K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Song Hong · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $138K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $138K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 89%
Overhead ratio 11%
Revenue growth -9%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$155K revenue · ⤓ 990 PDF
FY2023$170K revenue · ⤓ 990 PDF
FY2022$122K revenue · ⤓ 990 PDF
FY2021$97K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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