The Terrace Foundation

Food & nutrition organization based in Santa Barbara, CA. 13 employees. Exempt under §501(c)(3).

MissionTO 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

Financial snapshot · TY 2024

$513K
Total revenue
$367K
Total expenses
$170K
Net assets

Financial health · TY 2024

42
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
2
0.4 months of expenses
Program efficiency
56
72.5% spent on programs
Revenue diversity
91
Mix of program fees, grants & contributions

Leadership compensation

Louis Alvaro
EXECUTIVE DIRECTOR
$72,313
51th percentile vs. peers
Manny Ayala
FORMER EXECUTIVE DIRECTOR
$6,667
51th percentile vs. peers

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The Terrace Foundation Executive Compensation | 990 Data | DoubleNine