Bay Area Hybrid College Initiative DBA Rivet School

Bay Area Hybrid College Initiative DBA Rivet School

Richmond, CA, US
501(c)3
EIN
82-3461657

Bay Area Hybrid College Initiative DBA Rivet School

Richmond, CA, US
501(c)3
EIN
82-3461657

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$4,299,770

Contributions
69%
Program Services
28%
Investments
4%
Other
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$4,402,590

Salaries & Benefits
72%
Fees to Service Providers
9%
Grants
8%
Other
6%
Offices, Occupancy & IT
4%
Interest
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$4,192,509
$2,955,978
-29%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$602,194
$1,182,976
+96%
Membership Dues
$0
$0
-
Investments
$70,579
$159,656
+126%
Other
$1,026
$1,160
+13%
Total Revenues
$4,866,308
$4,299,770
-12%
Expenses
2023
2024
Change
Grants
$238,624
$366,272
+53%
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,348,295
$3,181,049
+35%
Fees to Service Providers
$160,899
$416,602
+159%
Advertising & Promotion
$32,598
$0
-100%
Offices, Occupancy & IT
$172,383
$182,165
+6%
Interest
$2,500
$2,507
+0%
Depreciation
$0
$0
-
Other
$232,518
$253,995
+9%
Total Expenses
$3,187,817
$4,402,590
+38%
Net income
2023
2024
Change
Net income
+$1,678,491
-$102,820
-106%
Functional Expenses
Summary
2023
2024
Change
Program
$2,568,887
$3,428,880
+33%
Admin
$468,701
$765,680
+63%
Fundraising
$150,229
$208,030
+38%
Total Expenses
$3,187,817
$4,402,590
+38%
Income Statement
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