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Filing year 2024

THE TERRACE FOUNDATION

Santa Barbara, California·EIN 82-2475808·NTEE K40 · Food, Agriculture & Nutrition·3
Total revenue
$513k
Total assets
$170k
Total expenses
$367k
Reported officers
5
Mission

TO ABOLISH FOOD DESERTS IN UNDERSERVED LOW-INCOME COMMUNITIES, CREATE THE NEXT GENERATION OF FARMERS, AND PROVIDE HEALTHY FRESH PRODUCE TO THE UNDER REPRESENTED POPULATION. THROUGH EDUCATION, THE GOAL OF THE TERRACE FOUNDATION IS TO TEACH THE CHILDREN AND ADULTS TO LIVE SUSTAINABLY, OWN THEIR FOOD SUPPLY, AND DEFEAT FOOD RELATED ILLNESSES SUCH AS DIABETES, HEART DISEASE, AND STROKES.

Executive compensation

Form 990 · Schedule J · 2 reported individuals · Filing year 2024

Executive Director
$11k
$12k
Former Executive Director
director (operational)
$2k
$2k

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 3 unpaid individuals.

Browse compensation in Food, Agriculture & Nutrition

Down 74%
from 2023

From $43k in 2023 to $11k in 2024.

$43k
2023
$11k
2024
In today's dollarsEst.
Down 75% in real terms$47k to $12k

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.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

THE TERRACE FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$520k
$541k
2023
$513k
$367k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Food, Agriculture & Nutrition executives earn in California

Comparable food, agriculture & nutrition organizations in California pay their highest-earning executive a median of $85,252.

25th percentile
$53k
Median
$85,252
75th percentile
$162k
90th percentile
$276k

These are food, agriculture & nutrition sector-wide figures, not this organization's reported pay. Based on 85 organizations across 85 filings (2021 – 2023).

See full Food, Agriculture & Nutrition pay data for California
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