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California · Nonprofit

THE TERRACE FOUNDATION

THE TERRACE FOUNDATION (California) receives grants from 1 organization whose IRS filings report $40 to it, the largest being AMAZONSMILE FOUNDATION ($40). 1 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$513k
Funders on record
1
Grants received
$40
Net assets
$12k
1/1 repeat funderspeak grant-dependency 0%
01What it does

What The Terrace Foundation does

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.

As stated on its FY2024 Form 990.

Program

  1. See schedule oprograms at The Terrace Foundation:- vets2farmers - training veterans skills that will allow them to be self-sufficient and be productive members of our society.- farms4heros - inner city program that works with urban veterans utilizing open spaces to create gardens that can be a source for education,generating income, and job training.- food distribution - distribution of produce grown in The Terrace Foundation urban farm to designated food deserts within the santa barbara area. The two communities that have been deemed food deserts are the lower eastside and the lower westside neighborhoods. Providing low-income residents with fresh healthy nutritious locally grown produce. Food distribution is carried out by the amen program which manages all the operation details.- calfresh - due to a local community deficiency The Terrace Foundation developed a program that will support calfresh recipients by selling under market rate fresh produce. Helping many calfresh recipients improve their eating habits and thus their health. The Terrace Foundation also helps qualify individuals making the process accessible to those that otherwise would not be aware of social programs.-…

    $266,257 spent$333,565 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $266,257.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($16k) Expenses 100 ($226k) Net assets -1804 ($-210054)2018 Revenue 75 ($12k) Expenses 146 ($331k) Net assets -4541 ($-528760)2019 Revenue 60 ($10k) Expenses 258 ($583k) Net assets -9463 ($-1101961)2020 Revenue 9576 ($1.6M) Expenses 265 ($600k) Net assets -1250 ($-145600)2021 Revenue 3369 ($548k) Expenses 201 ($455k) Net assets -460 ($-53522)2022 Revenue 2974 ($483k) Expenses 249 ($564k) Net assets -973 ($-113348)2023 Revenue 3200 ($520k) Expenses 239 ($541k) Net assets -1153 ($-134243)2024 Revenue 3159 ($513k) Expenses 162 ($367k) Net assets 100 ($12k)
'17'18'19'20'21'22'23'24
Revenue (3159)Expenses (162)Net assets (100)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $41k to $170k (+317%).

$119k
$111k
$106k
$76k
$98k
$53k
$41k
$170k
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 3% · 2021 28%. Grants only. Government contracts and fees sit inside program revenue.

35% of THE TERRACE FOUNDATION’s revenue is contributions — more earned-revenue than three-quarters of its peers (94% for the typical peer).

This organization
Typical peer · 3,373 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 8 reported years ran a deficit.

−$210k
’17
−$319k
’18
−$573k
’19
$956k
’20
$92k
’21
−$80k
’22
−$21k
’23
$146k
’24
0.4
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Louis Alvaro

Executive director

As listed on its FY2024 Form 990.

20202021202220232024
Listed66665
Joined·+3+0+2+1
No longer listed·3022
03Who funds it

Who funds it, year by year

2022 → 2023: the base held at 1 funder, grant income rose $12 → $28.

Funder
'22
'23
total
funders
1
1

1 of 1 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 100% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $2.5M from one payer (the payer shares this organization's board, largest Pilgrim Terrace Cooperative Homes). These are real filings, and they are not money THE TERRACE FOUNDATION raised.

From the IRS filings of THE TERRACE FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of THE TERRACE FOUNDATION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Too little is directly attributable to place on a map.

Funder states come from each funder’s own filing. $40 arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

THE TERRACE FOUNDATION runs a healthier operating margin than three-quarters of the 2,974 food & nutrition nonprofits its size.

Operating margin28% · top quartile
Months of reserve0.4mo · bottom quartile
Revenue growth (annualized)64% · top quartile

this organization peer median middle 50% of peers· 2,974 food & nutrition nonprofits $100k–$1M, FY2024

Organizations like THE TERRACE FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In California

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

72% of spending goes to programs.

Program 72%Management 27%Fundraising 1%

Governance

3
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990–Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

CA

Part of a family of 1 related entity

  • Pilgrim Terrace Cooperative Homes · exempt

Screen this organization

A dated, signed PDF of the compliance screen for THE TERRACE FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds THE TERRACE FOUNDATION?
THE TERRACE FOUNDATION (California) receives grants from 1 organization whose IRS filings report $40 to it, the largest being AMAZONSMILE FOUNDATION ($40). 1 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does THE TERRACE FOUNDATION have?
IRS filings report 1 organization giving $40 in grants to THE TERRACE FOUNDATION, 1 of which have funded it in more than one year.
Who is the largest funder of THE TERRACE FOUNDATION?
AMAZONSMILE FOUNDATION is the largest funder on record, with $40 in grants. The full list of funders is on this page.
How can an organization like THE TERRACE FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Terrace →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing