TO SUPPORT A PROJECT-BASED EDUCATION IN SCIENCE, TECHNOLOGY, ENGINEERING, ART AND MATH TO STUDENTS ON THE CENTRAL COAST IN A WAY THAT IS RELEVANT, BUSINESS-ORIENTED, TEAM-BASED AND ENGAGING, SO THAT GRADUATES ARE WELL PREPARED TO ACHIEVE THEIR GOALS OF HIGHER EDUCATION AND CONTRIBUTING TO THE WORKPLACE AND SOCIETY.
Executive compensation
Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023
Percentile bands compare each position's total pay with the same role at Education organizations in California.
| Position | Total |
|---|---|
CEO 25th percentile to median | $100k $109k |
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 8 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at FORMATIVE FOUNDATION equaled 12% of the organization's total expenses. The median for education organizations is 7%.
Based on 26,319 education organizations, each measured at its most recent filing year with reported expenses and compensation.
Funded by
Private foundations whose Form 990-PF Part XV grants matched this organization.
Up 65%
from 2022
From $61k in 2022 to $100k in 2023.
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.
Chief Executive Officer pay rose 65% from 2022 to 2023, while revenue rose 29%.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about FORMATIVE FOUNDATION
What does the Chief Executive Officer of FORMATIVE FOUNDATION earn?
In 2023, the Chief Executive Officer of FORMATIVE FOUNDATION received $100,000 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Education organizations in California, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at FORMATIVE FOUNDATION compare with similar nonprofits?
Compared with the same role at Education organizations in California, the 2023 pay of the Chief Executive Officer at FORMATIVE FOUNDATION falls between the 25th percentile and the median. In 2023, the highest total compensation at FORMATIVE FOUNDATION equaled 12% of the organization's total expenses. The median for education organizations is 7%.
What are FORMATIVE FOUNDATION's revenue and expenses?
In 2023, FORMATIVE FOUNDATION reported $831k in total revenue and $853k in total expenses on its IRS Form 990.
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