INEVITABLE FOUNDATION

EIN: 861768321 501(c)(3) Philanthropy & Grantmaking

NEW YORK, NY

Total Revenue
$886,810
Total Expenses
$1,245,261
Total Assets
$962,154
Net Assets
$948,855
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
NY
Principal Officer
RICHIE SIEGEL
Phone
9732180500
Tax Period
2023-01-01 to 2023-12-31

INEVITABLE FOUNDATION, founded in 2021, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $887K in total revenue in fiscal year 2023. Revenue fell 48% from the prior year — a significant decline worth monitoring. Expenses of $1.2M exceeded revenue, resulting in a 40% operating deficit.

Mission

TO INVEST IN DISABLED WRITERS AND FILMMAKERS SO THEY CAN ACHIEVE ARTISTIC AND FINANCIAL FREEDOM AND LEVERAGE FILM AND TELEVISION TO DESTIGMATIZE DISABILITY AND MENTAL HEALTH GLOBALLY.

Program Service Accomplishments

Program 1
Expenses: $459,146

ACCELERATE FELLOWSHIPOUR ACCELERATE FELLOWSHIP IS A YEAR-LONG PROGRAM THAT GIVES MID-CAREER DISABLED SCREENWRITERS $40,000 IN UNRESTRICTED FUNDING, BESPOKE MENTORSHIP AND INDUSTRY CONNECTIONS TO HELP...

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ACCELERATE FELLOWSHIPOUR ACCELERATE FELLOWSHIP IS A YEAR-LONG PROGRAM THAT GIVES MID-CAREER DISABLED SCREENWRITERS $40,000 IN UNRESTRICTED FUNDING, BESPOKE MENTORSHIP AND INDUSTRY CONNECTIONS TO HELP DEVELOP AND SELL THEIR OWN CONTENT. THE PROGRAM GIVES FELLOWS THE FINANCIAL STABILITY TO FOCUS ON THEIR WRITING CAREER FULL-TIME, EMPOWERS THEM WITH THE BUSINESS SKILLS TO ACCELERATE THEIR CAREER DEVELOPMENT AND OPENS UP A COMMUNITY OF PEERS TO BOND AND GROW WITH.

Program 2
Expenses: $266,237

ELEVATE COLLECTIVEELEVATE COLLECTIVE EMPOWERS MID- AND UPPER-LEVEL DISABLED SCREENWRITERS WITH $5,000-$10,000 PROFESSIONAL DEVELOPMENT GRANTS FOR MENTORSHIP, COACHING, AND CONNECTIONS TO LEVEL-UP...

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ELEVATE COLLECTIVEELEVATE COLLECTIVE EMPOWERS MID- AND UPPER-LEVEL DISABLED SCREENWRITERS WITH $5,000-$10,000 PROFESSIONAL DEVELOPMENT GRANTS FOR MENTORSHIP, COACHING, AND CONNECTIONS TO LEVEL-UP THEIR CAREERS. THE COLLECTIVE ALSO BUILDS CAREER MOMENTUM BY HELPING SCREENWRITERS BUILD COMMUNITY IN THE INDUSTRY AND AMONG THEIR PEERS, SHARPEN THEIR WRITING SKILLS AND STRATEGIZE WITH CAREER AND WRITING COACHES. IN DECEMBER 2022 WE ALSO LAUNCHED ELEVATE FOR PODCASTERS, THE FIRST PROGRAM FOR DISABLED FICTION PODCASTERS.

Program 3
Expenses: $71,401

CONCIERGETHE CONCIERGE IS A PERSONALIZED SERVICE THAT LINKS SHOWRUNNERS AND CREATIVE EXECUTIVES WITH THE BEST DISABLED WRITERS FOR DEVELOPMENT AND STAFFING.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $877,669
Program Service Revenue $0
Investment Income $7,168
Other Revenue $1,973
TOTAL REVENUE $886,810

Expense Breakdown

Grants Paid $253,371
Salaries & Benefits $593,196
Fundraising Expenses $134,881
Program Expenses $974,242
Other Expenses $309,694
TOTAL EXPENSES $1,245,261

Year-over-Year Comparison

2023 2022 Change
Revenue $886,810 $1,704,624 -0.5%
Expenses $1,245,261 $759,450 +0.6%
Net Income $-358,451 $945,174 -1.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
5
Employees
9
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$85,138
Total Directors
7
$85,138
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHIE SIEGEL CO-FOUNDER,PRESIDENT, TREA 50.00
Officer Director
$24,376 $8,268 $32,644
MARISA TORELLI-PEDEVSKA CO-FOUNDER, SECRETARY 10.00
Officer Director
$43,083 $9,411 $52,494
REBEKAH KONDRAT DIRECTOR 1.00
Director
$0 $0 $0
SINEAD BURKE DIRECTOR 1.00
Director
$0 $0 $0
BRANDON SONNIER DIRECTOR 1.00
Director
$0 $0 $0
ANDRAEA LAVANT DIRECTOR 1.00
Director
$0 $0 $0
LAUREN RIDLOFF DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $886,810 $1,245,261 $962,154 $-358,451
2022 $1,704,624 $759,450 $1,311,776 $945,174
2021 $618,609 $256,477 $385,404 $362,132
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