Bay Area Hybrid College Initiative DBA Rivet School
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.
Bay Area Hybrid College Initiative DBA Rivet School at a glance
In short: Bay Area Hybrid College Initiative DBA Rivet School gave $135K across 1 grant in 2025 (avg $135K), mostly in New Hampshire. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $134,997
- -50.0% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $134,997
- -50.0% vs 2024
- Median grant
- $134,997
- Total assets
- $6,711,646
- +17.9% vs 2024
- Primary geography
- New Hampshire (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Bay Area Hybrid College Initiative DBA Rivet School funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Southern New Hampshire Uni ($135K).
Grant Size Distribution
6 grants across all recorded years
The most common grant size was under $50K: 3 grants of 6 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Bay Area Hybrid College Initiative DBA Rivet School gives
- Giving grew 112% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $14K (2021) to $270K (2024). In 2025 it made 1 grant totaling $135K.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Southern New Hampshire Uni Manchester, NH | Tuition Support | $134,997 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $6,711,646 | $6,139,816 | $4,940,187 | $134,997 | 1 | $134,465 |
| 2024 | $5,693,218 | $4,299,770 | $4,402,590 | $269,885 | 1 | $159,656 |
| 2023 | $5,863,880 | $4,866,308 | $3,187,817 | $114,277 | 1 | $70,579 |
| 2022 | $4,144,876 | $4,245,051 | $2,319,504 | $63,714 | 3 | $9,187 |
| 2021 | $1,792,780 | $2,175,624 | $1,839,422 | $13,800 | Total only | $782 |
| 2020 | $1,378,233 | $1,373,763 | $1,202,935 | — | — | $5,504 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
About Bay Area Hybrid College Initiative DBA Rivet School
Based on IRS filings
Bay Area Hybrid College Initiative DBA Rivet School is a public charity focused on Education, based in Richmond, CA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $6.7M in total assets. In 2025, it awarded 1 grant totaling $135K. Net investment income was $134K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Bay Area Hybrid College Initiative DBA Rivet School is led by Jeff Manassero, CEO since 2025 (on filings since 2020); 5 of 12 officers listed in 2025 are compensated.
Officers on the 2025 filing
Jeff Manassero
CEO
Executive Director → CEO, 2025
On filings since 2020
40 hrs/week
$121K (2020) → $193K (2025)
Ted Williams
Chairman
On filings since 2020
0.5 hrs/week
No compensation reported
Amy Barad
Senior Director of Partnerships
New on the 2025 filing
40 hrs/week
$189K (2025)
Jaclyn Pinero
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Yin Lu
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Adanta Ahanonu
Director
On filings since 2021
0.5 hrs/week
No compensation reported
Jonathan Chaparro
Director
New on the 2025 filing
0.5 hrs/week
No compensation reported
Iris Jong
COO
On filings since 2021
38 hrs/week
$103K (2021) → $149K (2025)
Nora Maxwell Chief
Growth Officer
On filings since 2023
40 hrs/week
$110K (2023) → $135K (2025)
Sandra Nunez Chief
Program Officer
On filings since 2024
40 hrs/week
$103K (2024) → $135K (2025)
John Philip Coghlan Dir
Treasurer
On filings since 2022
0.5 hrs/week
No compensation reported
Lauren Dutton Dir
Secretary
On filings since 2022
1 hr/week
No compensation reported
Former officers (7)
- Former: Claire Michaels (2023) — Director of Career
- Former: Adanta Ahanonu Audit Chair (2022) — Director
- Former: Nora Maxwell Dir Growth (2022) — Admissions
- Former: John Coghlan (2020–2021) — Treasurer
- Former: Lauren Dutton (2020–2021) — Secretary
- Former: Eli Bildner (2021) — Director · Filing note: Thru 821
- Former: Elias Bildner (2020) — Executive Director
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $193K, to Jeff Manassero (CEO). 5 officers or directors reported compensation on that filing.
Frequently asked questions about Bay Area Hybrid College Initiative DBA Rivet School
How much does Bay Area Hybrid College Initiative DBA Rivet School give each year?
Bay Area Hybrid College Initiative DBA Rivet School gave $135K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $270K across 1 grant.
How large is Bay Area Hybrid College Initiative DBA Rivet School?
Bay Area Hybrid College Initiative DBA Rivet School reported $6.7M in total assets on its 2025 IRS Form 990. Its revenue that year was $6.1M.
What is Bay Area Hybrid College Initiative DBA Rivet School?
Bay Area Hybrid College Initiative DBA Rivet School is a public charity focused on Education, based in Richmond, CA. It holds $6.7M in total assets as of 2025.
Where does Bay Area Hybrid College Initiative DBA Rivet School operate?
Bay Area Hybrid College Initiative DBA Rivet School has awarded grants in Colorado, New Hampshire, Texas.
What is Bay Area Hybrid College Initiative DBA Rivet School's EIN?
Bay Area Hybrid College Initiative DBA Rivet School's EIN (Employer Identification Number) is 82-3461657. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2022 (received by the IRS November 7, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS September 9, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS September 17, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS August 27, 2026)
- Updated Form 990 for fiscal year 2021 (received by the IRS February 10, 2023)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Bay Area Hybrid College Initiative DBA Rivet School funds
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