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← FUND FOR SANTA BARBARA INC

Form 990 for tax year 2024

Filed by FUND FOR SANTA BARBARA INC.

Totals

Total revenue
$3,746,864
Total expenses
$2,370,021
Contributions and grants received
$3,502,069
Grants paid
$792,119
Program service revenue
$190,565
Investment income
$128,839
Other revenue
-$74,609
Total assets, end of year
$5,573,196
Total liabilities, end of year
$270,917
Net assets or fund balances, end of year
$5,302,279
Program services expenses (Part IX)
$1,897,829
Management and general expenses
$300,479
Fundraising expenses
$171,713
Program service expenses (Part III)
$1,897,829

Program services were 80.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $207,592

  • 1e · Government grants (contributions)

    $582,313

  • 1f · All other contributions, gifts and grants

    $2,712,164

  • 2a · Program service revenue: GRANT MANAGEMENT FEES

    total $190,565 · related or exempt $190,565

  • 3 · Investment income

    total $122,888 · excluded $122,888

  • 7a · Gross sales of assets other than inventory

    securities $5,951

  • 7b · Less cost or other basis and sales expenses

    securities $0

  • 7c · Gain or loss

    securities $5,951

  • 7d · Net gain or loss

    total $5,951 · excluded $5,951

  • 8a · Fundraising events: gross income

    $1,925

  • 8a · Fundraising events: contributions included on line 1c

    $207,592

  • 8b · Fundraising events: direct expenses

    $76,534

  • 8c · Net income from fundraising events

    total -$74,609 · excluded -$74,609

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $792,119 · program services $792,119

  • 5 · Compensation of officers, directors and key employees

    total $165,950 · program services $103,419 · management and general $21,016 · fundraising $41,515

  • 7 · Other salaries and wages

    total $390,900 · program services $238,888 · management and general $50,200 · fundraising $101,812

  • 8 · Pension plan contributions

    total $4,291 · program services $3,408 · management and general $435 · fundraising $448

  • 9 · Other employee benefits

    total $73,730 · program services $58,550 · management and general $7,476 · fundraising $7,704

  • 10 · Payroll taxes

    total $42,153 · program services $25,292 · management and general $5,901 · fundraising $10,960

  • 11c · Fees: accounting

    total $58,511 · management and general $58,511

  • 11f · Fees: investment management

    total $13,760 · management and general $13,760

  • 11g · Fees: other

    total $134,940 · program services $49,667 · management and general $85,273

  • 13 · Office expenses

    total $19,265 · program services $14,449 · management and general $4,816

  • 16 · Occupancy

    total $110,553 · program services $66,331 · management and general $35,377 · fundraising $8,845

  • 17 · Travel

    total $19,982 · program services $19,982

  • 22 · Depreciation, depletion and amortization

    total $918 · management and general $918

  • 23 · Insurance

    total $2,146 · program services $1,288 · management and general $429 · fundraising $429

  • 24a · Other expenses: FISCAL SPONSORSHIP EXPE

    total $486,086 · program services $486,086

  • 24b · Other expenses: BOARD EXPENSES

    total $14,343 · program services $11,474 · management and general $2,869

  • 24c · Other expenses: COMMUNITY PROGRAM COSTS

    total $13,745 · program services $13,745

  • 24d · Other expenses: DUES AND SUBSCRIPTIONS

    total $13,410 · program services $13,131 · management and general $279

  • 24e · All other expenses

    total $13,219 · management and general $13,219

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $976,482 · end of year $1,879,693

  • 2 · Savings and temporary cash investments

    beginning of year $610,554 · end of year $1,158,697

  • 3 · Pledges and grants receivable

    beginning of year $251,579 · end of year $34,125

  • 9 · Prepaid expenses and deferred charges

    beginning of year $13,302 · end of year $11,295

  • 10a · Land, buildings and equipment: cost or other basis

    $36,873

  • 10b · Land, buildings and equipment: accumulated depreciation

    $36,873

  • 10c · Land, buildings and equipment, net

    beginning of year $919 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $2,149,840 · end of year $2,258,072

  • 15 · Other assets

    beginning of year $296,034 · end of year $231,314

  • 17 · Accounts payable and accrued expenses

    beginning of year $190,835 · end of year $210,917

  • 18 · Grants payable

    beginning of year $114,800 · end of year $60,000

  • 25 · Other liabilities

    beginning of year $80,999 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $405,437 · end of year $2,058,478

  • 28 · Net assets with donor restrictions

    beginning of year $3,506,639 · end of year $3,243,801

Mission and programs · 2024

Mission

PROVIDE CASH GRANTS AND FREE CONSULTING TO GRASSROOTS ORGANIZATIONS IN SANTA BARBARA COUNTY.

  • THE FUND FOR SANTA BARBARA IS A NONPROFIT COMMUNITY FOUNDATION DEDICATED TO ADDRESSING THE ROOT CAUSES OF SOCIAL ECONOMIC AND ENVIRONMENTAL CHALLENGES IN SANTA BARBARA COUNTY. IN 2024, THE FUND PROVIDED $792,119 IN GRANTS TO GRASSROOTS ORGANIZATIONS IN THE COUNTY OF SANTA BARBARA.

    Expenses $1,897,829 · Grants $792,119 · Revenue $190,565

As filed on the 2024 return.

Listed in Part VII

  • Eric Cardenas

    PRESIDENT

    Total calculated
    $0
    Hours/week
    3

  • Joyce Howerton

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    3

  • Arcelia Sencion

    TREASURER

    Total calculated
    $0
    Hours/week
    3

  • Andrew Oman

    SECRETARY

    Total calculated
    $0
    Hours/week
    3

  • Ted Rhodes

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Debbie Goldsmith

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Cuco Rodriguez

    DIRECTOR

    Total calculated
    $0
    Hours/week
    6

  • Mahil Senathirajah

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Susan Wax

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Annette Cordero

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Quetzal Sanchez

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Terri Zuniga

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Eder Gaona Macedo

    EXECUTIVE DIRECTOR

    Total calculated
    $165,950
    From this org
    $155,000
    From related orgs
    $0
    Other
    $10,950
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $145,000
    Bonus
    $7,500
    Other
    $2,500
    Deferred
    $4,350
    Nontaxable benefits
    $6,600
    Filer's total
    $165,950

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2024
Filed
14 November 2025
IRS schema version
2024v5.2
Source object
202513199349302356

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