OCTANE FOUNDATION FOR INNOVATION (OFI) IS TARGETED TO ADVANCE EQUITY, DIVERSITY, AND INCLUSIVENESS ACROSS ALL INDUSTRY SECTORS WITH THE MISSION OF GROWING & STRENGTHENING THE SOUTHERN CALIFORNIA INNOVATION ECOSYSTEM BY CREATING JOBS, SCALING STARTUPS, AND DEVELOPING BUSINESSES. OFI ENHANCES THE ECONOMIC VITALITY OF THE REGION, CONTRIBUTING TO A SUSTAINABLE ECOSYSTEM AND AUGMENTING THE LIVE/WORK EXPERIENCE IN ORANGE COUNTY, CA.
Executive compensation
Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations in California.
| Position | Total |
|---|---|
Executive Director Below 10th percentile | $24k $25k |
Chief Operating Officer Below 10th percentile | $22k $23k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Los Angeles-Long Beach-Anaheim, CA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 26 unpaid individuals.
Browse compensation in Community Improvement & Capacity Building →
Top pay as a share of expenses
In 2024, the highest total compensation at OCTANE FOUNDATION FOR INNOVATION equaled 2% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
Based on 10,247 community improvement & capacity building 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.
Down 91%
from 2023
From $263k in 2023 to $24k in 2024.
Estimated with Los Angeles-Long Beach-Anaheim, CA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 8% from 2023 to 2024, while revenue fell 18%.
- Chief Operating Officer pay rose 104% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about OCTANE FOUNDATION FOR INNOVATION
What does the Chief Executive Officer of OCTANE FOUNDATION FOR INNOVATION earn?
In 2024, the Chief Executive Officer of OCTANE FOUNDATION FOR INNOVATION received $23,588 in total compensation. This pay is in the bottom 10% for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in California: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.
How does Chief Executive Officer pay at OCTANE FOUNDATION FOR INNOVATION compare with similar nonprofits?
Compared with the same role at Community Improvement & Capacity Building organizations in California, the 2024 pay of the Chief Executive Officer at OCTANE FOUNDATION FOR INNOVATION falls in the bottom 10%. In 2024, the highest total compensation at OCTANE FOUNDATION FOR INNOVATION equaled 2% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
What are OCTANE FOUNDATION FOR INNOVATION's revenue and expenses?
In 2024, OCTANE FOUNDATION FOR INNOVATION reported $910k in total revenue and $964k in total expenses on its IRS Form 990.
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