From public IRS filings
BAY AREA HYBRID COLLEGE INITIATIVE
RICHMOND, CA · Education
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.
Financials (IRS Form 990)
Total revenue
$4.3M
Total expenses
$4.4M
Total assets
$5.7M
Program expense ratio
7788%
Source: IRS Form 990, tax year 2024.
Who funds BAY AREA HYBRID COLLEGE INITIATIVE
$2M in foundation grants on record from 10 funders — from IRS 990 grant line items.
| Funder | Total given | Grants |
|---|---|---|
| Npx Charitable | $1.1M | 4 |
| New Schools Fund | $500K | 1 |
| Donor Advised Charitable Giving | $373K | 4 |
| Tipping Point Community | $300K | 1 |
| Wgu Advancement | $218K | 1 |
| Charter Fund Inc D/B/A Charter School Growth Fund | $200K | 1 |
| Tntp | $56K | 1 |
| Fidelity Investments Charitable Gift Fund | $39K | 3 |
| Silicon Schools Fund | $38K | 1 |
| National Philanthropic Trust | $25K | 1 |
Leadership
Jeff Manassero — CEO (Principal officer)
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