Richmond, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Bay Area Hybrid College Initiative DBA Rivet School, founded in 2017, is a community nonprofit in the Education sector that reported $4.3M in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year.
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.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $4,299,770 | $4,866,308 | -0.1% |
| Expenses | $4,402,590 | $3,187,817 | +0.4% |
| Net Income | $-102,820 | $1,678,491 | -1.1% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Jeff Manassero | Executive Dir. | 40.00 |
Officer
|
$191,027 | $13,348 | $204,375 |
| Iris Jong | COO | 40.00 |
Officer
|
$160,612 | $21,879 | $182,491 |
| Sandra Nunez Chief | Program Officer | 40.00 |
|
$102,654 | $933 | $103,587 |
| Nora Maxwell Chief | Growth Officer | 40.00 |
|
$90,846 | $4,868 | $95,714 |
| Ted Williams | Chairman | 1.00 |
Officer
Director
|
$0 | $36 | $36 |
| Lauren Dutton Dir | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| John Philip Coghlan Dir | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Jaclyn Pinero | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Yin Lu | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Adanta Ahanonu | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $4,299,770 | $4,402,590 | $5,693,218 | $-102,820 |
| 2023 | $4,866,308 | $3,187,817 | $5,863,880 | $1,678,491 |
| 2022 | $4,245,051 | $2,319,504 | $4,144,876 | $1,925,547 |
| 2021 | $2,175,624 | $1,839,422 | $1,792,780 | $336,202 |
| 2021 | $1,325,624 | $1,813,662 | $1,792,780 | $-488,038 |
| 2020 | $1,373,763 | $1,202,935 | $1,378,233 | $170,828 |
| 2019 | $1,156,797 | $861,018 | $1,207,405 | $295,779 |
| 2018 | $1,290,105 | $416,281 | $911,626 | $873,824 |
Compare Bay Area Hybrid College Initiative DBA Rivet School with other nonprofits in California and across the country.