Public Charity

Bay Area Hybrid College Initiative DBA Rivet School

Bay Area Hybrid College Initiative DBA Rivet School, of Richmond, CA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $4.3M in revenue, $4.4M in expenses, $5.7M in total assets. 42 publicly reported grants to this organization, totaling roughly $3.9M, appear in IRS filings.

EIN: 823461657 Richmond, CA Latest filing: 2024
Total Revenue$4.3M
Total Expenses$4.4M
Total Assets$5.7M
Grant Records42
Funding Total$3.9M
Filing Years2020–2024

Mission

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.

Officers & Directors

Director Adanta Ahanonu
COO Iris Jong
Director Jaclyn Pinero
Executive Dir. Jeff Manassero
Treasurer John Philip Coghlan Dir
Secretary Lauren Dutton Dir

Officer compensation and complete director data available with membership.

Top Grant Purposes

EDUCATION
$690,750 10 grants
For grant recipient's exempt purposes
$590,500 6 grants
EDGE
$500,000 1 grant
PAYMENT FOR EACH STUDENT WHO GRADUATES WITH A DEGREE.
$374,640 3 grants
EDUCATION ISSUE AREA
$300,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $4.3M $4.4M $5.7M
2023 $4.9M $3.2M $5.9M
2022 $4.2M $2.3M $4.1M
2021 $2.2M $1.8M $1.8M
2020 $1.4M $1.2M $1.4M

Between 2020 and 2024, reported annual revenue grew from $1.4M to $4.3M (+213%), with total assets most recently reported at $5.7M.

Interactive year-over-year charts and full filing details available with membership.

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