Bay Area Hybrid College Initiative DBA Rivet School logo

Bay Area Hybrid College Initiative DBA Rivet School

Public charity · Grantmaker Richmond, CA EIN: 82-3461657 Website

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.

Key facts about Bay Area Hybrid College Initiative DBA Rivet School

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.

EIN
82-3461657
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$134,997
Grants made (2025)
1
Average grant
$134,997
Median grant
$134,997
Total assets
$6,711,646
Primary geography
New Hampshire (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$6.7M

+17.9% YoY

Annual Giving

$135K

-50.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$135K

-50.0% YoY

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.

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of the 2025 grant dollars on its one itemized grant.

Cities

ManchesterAustinDenver

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K0 grants2020 Total only2021 3 grants2022 1 grant2023 1 grant2024 1 grant2025

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.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Southern New Hampshire Uni: $135KSouthern New Hampshire Uni$135K

The largest 2025 recipient was Southern New Hampshire Uni ($135K).

Grant Size Distribution

6 grants across all recorded years

3<$50K$50–100K2$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 3 grants of 6 (50%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Southern New Hampshire Uni Manchester, NHTuition Support$134,997

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$2M$4M$6M$8M2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$6,711,646$5,693,218$5,863,880
Revenue$6,139,816$4,299,770$4,866,308
Expenses$4,940,187$4,402,590$3,187,817
Net Investment Income$134,465$159,656$70,579

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2022 (received by the IRS November 7, 2023)
  2. Updated Form 990 for fiscal year 2023 (received by the IRS September 9, 2024)
  3. Updated Form 990 for fiscal year 2024 (received by the IRS September 17, 2025)
  4. Added Form 990 for fiscal year 2025 (received by the IRS August 27, 2026)
  5. Updated Form 990 for fiscal year 2021 (received by the IRS February 10, 2023)
  6. IRS filings on file for fiscal years 2020–2024

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

Jeff Manassero — CEO: $193KJeff ManasseroCEO$193KAmy Barad — Senior Director of Partnerships: $189KAmy BaradSenior Director of Partnerships$189KIris Jong — COO: $149KIris JongCOO$149KSandra Nunez Chief — Program Officer: $135KSandra Nunez ChiefProgram Officer$135KNora Maxwell Chief — Growth Officer: $135KNora Maxwell ChiefGrowth Officer$135K

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.

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