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.
Rivet School was founded in 2018 with the mission of building a college experience designed entirely around the needs of real students. Our founding degree partner is Southern New Hampshire...
Rivet School was founded in 2018 with the mission of building a college experience designed entirely around the needs of real students. Our founding degree partner is Southern New Hampshire University, which offers a program called College for America, or CfA. Through CfA, enrollees earn their Associates of Arts or Bachelors of Arts degrees. In 2024, we hired 14 new team members, bringing our total head count to 36 team members. Cont'd at Schedule O
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.