Financials & Annual Reports
CCATE publishes its reviewed financial statements and IRS Form 990 every year. Everything below comes from those two documents.
Earlier years’ statements are available on request: contact@ccate.org.
Fiscal year 2025 at a glanceWhere the resources came from, and where they went
Resources · $1,247,402
- Volunteer teaching (in-kind, 18,560 hours)$641,726
- Foundation and institutional grants$522,725
- Individual donations$52,729
- Earned income (rent, program fees)$30,222
Cash support (grants + donations): $575,454. For every $1 of cash support, CCATE put $2.17 of resources to work.
Expenses · $1,177,452
- Program services (80.1%)$943,334
- Management and administration (14.9%)$175,028
- Fundraising (5.0%)$59,090
Excluding volunteer teaching, cash expenses were $535,726 against cash revenue of $605,676 — a surplus of $69,950, added to reserves.
Source: FY2025 reviewed financial statements (Statements of Activities and Functional Expenses, Note 2) and Form 990 (Parts I, VI, VIII, IX; Schedule A).
Reading the two documents togetherWhy the totals differ
The reviewed financial statements follow GAAP: they record the fair value of donated professional teaching ($641,726, 100 teachers at $34.58 an hour) as both revenue and program expense, and they show gross rental income from CCATE’s building.
The Form 990 follows IRS rules: it excludes in-kind services and nets rental expenses against rental income. That is why the 990 reports total revenue of $528,893 and expenses of $458,943 for the same year. Both documents arrive at the same change in net assets, +$69,950.
Individual donors gave $52,729 in FY2025 — 9% of the cash budget. That share is what lets CCATE answer to Norristown first. How we calculate $2.17 →