Overview

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Est.

2017

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Bay Area Hybrid College Initiative DBA Rivet School is a vocational education nonprofit focused on building and scaling a new higher-education model that helps traditionally underserved students earn an affordable bachelor’s degree in as little as two years and move into a strong first job. In filing year 2024, it reported a $4M operating budget and $4.3M in total revenue, with major support from CRANKSTART FOUNDATION, THE SOBRATO FAMILY FOUNDATION, NEW SCHOOLS FUND, and ARROW IMPACT.

Mission Statement

Rivet School's mission is to build and scale a new model of higher education that reliably enables traditionally underserved students to earn an affordable bachelor's degree in as little as two years, leading to a great first job and increased opportunity over time.
Revenues
$4.3M
Expenses
$4.4M
Net Income:
-$102.8K
Assets
$5.7M
Liabilities
$931.6K
Net Assets:
+$4.8M
Operating Budget
$4M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
19
Median grant size
$75K
Largest grant received
$500K
J
Jeff Manassero
Board Member
J
Jaclyn Pinero
Board Member
J
John Philip Coghlan Dir
Board Member
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  • 37 funders
  • 16 board & team members
  • 8 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is Bay Area Hybrid College Initiative DBA Rivet School’s budget?
In 2024, Bay Area Hybrid College Initiative DBA Rivet School reported an annual operating budget of around $4 million. More detailed financial information is available to registered users.
What causes does Bay Area Hybrid College Initiative DBA Rivet School support?
Bay Area Hybrid College Initiative DBA Rivet School supports work in Vocational education.
Where does Bay Area Hybrid College Initiative DBA Rivet School operate?
Bay Area Hybrid College Initiative DBA Rivet School is headquartered in Richmond, CA.
Who funded Bay Area Hybrid College Initiative DBA Rivet School recently?
In 2025, Bay Area Hybrid College Initiative DBA Rivet School received grants from TNTP INC, CHARLES AND HELEN SCHWAB FOUNDATION, and SALESFORCE FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant Bay Area Hybrid College Initiative DBA Rivet School received in 2024?
The largest grant to Bay Area Hybrid College Initiative DBA Rivet School in 2024 exceeds $500 thousand.