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Filing year 2024

THE TERRACE FOUNDATION

Santa Barbara, California·EIN 82-2475808·NTEE K40 · Food, Agriculture & Nutrition·501(c)(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 · Part VII & Schedule J · 2 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Food, Agriculture & Nutrition organizations in California.

Executive Director
Below 10th percentile
$11k
$12k
Former Executive Director
Director (Operational)
Below 10th percentilevs Food, Agriculture & Nutrition peers nationwide
$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

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at THE TERRACE FOUNDATION equaled 3% of the organization's total expenses. The median for food, agriculture & nutrition organizations is 8%.

This organization (2024)
3%
Sector median
8%
Middle half of sector
3% to 19%

Based on 2,784 food, agriculture & nutrition 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 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.

Pay for the position

Chief Executive Officer pay fell 17% from 2023 to 2024, while revenue fell 1%.

$13k in 2023 to $11k in 2024.
  • Director (Operational) pay fell 96% from 2023 to 2024.

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

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

Among peers

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

FAQ

Common questions about THE TERRACE FOUNDATION

What does the Chief Executive Officer of THE TERRACE FOUNDATION earn?

In 2024, the Chief Executive Officer of THE TERRACE FOUNDATION received $11,196 in total compensation. This pay is in the bottom 10% for Chief Executive Officer roles among Food, Agriculture & Nutrition 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 THE TERRACE FOUNDATION compare with similar nonprofits?

Compared with the same role at Food, Agriculture & Nutrition organizations in California, the 2024 pay of the Chief Executive Officer at THE TERRACE FOUNDATION falls in the bottom 10%. In 2024, the highest total compensation at THE TERRACE FOUNDATION equaled 3% of the organization's total expenses. The median for food, agriculture & nutrition organizations is 8%.

What are THE TERRACE FOUNDATION's revenue and expenses?

In 2024, THE TERRACE FOUNDATION reported $513k in total revenue and $367k in total expenses on its IRS Form 990.

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