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Filing year 2024

COVENANT FOUNDATION

Bakersfield, California·EIN 77-0499451·NTEE L80 · Housing & Shelter·501(c)(3)
Total revenue
$72k
Total assets
$105k
Total expenses
$93k
Reported officers
3

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations in California.

COO
Below 10th percentile
$6k
$6k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 2 unpaid individuals.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at COVENANT FOUNDATION equaled 6% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2024)
6%
Sector median
7%
Middle half of sector
3% to 16%

Based on 7,789 housing & shelter organizations, each measured at its most recent filing year with reported expenses and compensation.

Pay for the position

Chief Operating Officer pay held roughly steady from 2023 to 2024, while revenue rose 47%.

$6k in 2023 to $6k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about COVENANT FOUNDATION

What does the Chief Operating Officer of COVENANT FOUNDATION earn?

In 2024, the Chief Operating Officer of COVENANT FOUNDATION received $6,000 in total compensation. This pay is in the bottom 10% for Chief Operating Officer roles among Housing & Shelter organizations in California: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.

How does Chief Operating Officer pay at COVENANT FOUNDATION compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations in California, the 2024 pay of the Chief Operating Officer at COVENANT FOUNDATION falls in the bottom 10%. In 2024, the highest total compensation at COVENANT FOUNDATION equaled 6% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are COVENANT FOUNDATION's revenue and expenses?

In 2024, COVENANT FOUNDATION reported $72k in total revenue and $93k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.