EIN 82-3461657

Rivet School

IRS 501(c) type
501(c)(3)
Num. employees
21
Year formed
2017
Most recent tax filings
2022-12-01
Description
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 opportu...
Also known as...
Bay Area Hybrid College Initiative; Concourse Education
Total revenues
$4,245,051
2022
Total expenses
$2,319,504
2022
Total assets
$4,144,876
2022
Num. employees
21
2022

Program areas at Rivet School

Our founding degree partner is Southern New Hampshire University and a program called College for America CfA. Through CfA, enrollees earn their Associates of Arts or Bachelors of Arts degrees. In 2022, our team grew from fifteen to nineteen, and we've retained a strong sense of morale and connection as we've grown. Our team experience outcomes exemplify a culture of rigor, excellence, and trust. When we recently asked if our staff would recommend a friend or family member to work at Rivet School, we achieved a perfect Net Promoter Score of 100. When asked to rate their agreement with the statement, "Rivet School values my perspective, and my voice has an impact at the organization," our student/alumni staff rated an average of 4.7/5 across four quarterly surveys. This year, we added nearly 80 new students to the program, bringing our composite student body to nearly 200. (Cont'd at Schedule O)

Grants made by Rivet School

GranteeGrant descriptionAmount
Southern New Hampshire University (SNHU)Tuition$46,614
PelotonUScholarships$11,400
AdvanceeduScholarships$5,700

Who funds Rivet School

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
NewSchools Venture Fund (NSVF)Edge$500,000
Sobrato Family Foundation (SFF)Deepen Rivet School's Work in Silicon Valley To Support Working Adults, Student Parents, Aspiring Educators, and Others Who Traditional Institutions of Higher Education Are Not Adequately Serving To Earn A Bachelor's Degree and Obtain Strong First Careers.$250,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$215,000
...and 13 more grants received

Personnel at Rivet School

NameTitleCompensation
Jeff ManasseroChief Executive Officer$147,981
Iris JongChief Operating Officer$104,169
John Philip Coghlan DirTreasurer$0
Lauren Dutton DirSecretary$0
Ted WilliamsBoard Chair / Chairman$0
...and 5 more key personnel

Financials for Rivet School

RevenuesFYE 12/2022
Total grants, contributions, etc.$3,802,087
Program services$433,777
Investment income and dividends$9,187
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$4,245,051

Form 990s for Rivet School

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-07990View PDF
2021-122023-02-10990View PDF
2021-122022-10-20990View PDF
2020-122021-05-21990View PDF
2019-122021-01-21990View PDF
...and 2 more Form 990s

Organizations like Rivet School

OrganizationLocationRevenue
Presentation College (PC)Aberdeen, SD$16,117,423
Future Generations University CorporationFranklin, WV$3,762,421
Great Lakes Christian CollegeLansing, MI$4,244,852
Hebrew CollegeAuburndale, MA$9,715,002
Phoenix SeminaryScottsdale, AZ$6,926,909
City College of New York (CCNY)New York, NY$1,636,288
Morris Brown CollegeAtlanta, GA$6,701,437
Stark College & SeminaryCorpus Christi, TX$3,016,407
New Hope Christian CollegeEugene, OR$2,955,893
Thomas UniversityThomasville, GA$19,778,605
Data update history
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $30,000 from Irvin Stern Foundation
January 23, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 23, 2024
Updated personnel
Identified 3 new personnel
January 2, 2024
Used new vendors
Identified 2 new vendors, including , and
January 1, 2024
Received grants
Identified 9 new grant, including a grant for $500,000 from NewSchools Venture Fund (NSVF)
Nonprofit Types
SchoolsCharities
Issues
Education
Characteristics
Partially liquidatedReceives government fundingManagement and technical assistanceProvides scholarshipsTax deductible donationsAccepts online donations
General information
Address
1503 Macdonald Ave
Richmond, CA 94801
Metro area
San Francisco-Oakland-Berkeley, CA
County
Contra Costa County, CA
Website URL
rivetschool.org/ 
Phone
(510) 727-5484
IRS details
EIN
82-3461657
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2017
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B42: Undergraduate College (4-year)
NAICS code, primary
611310: Colleges, Universities, and Professional Schools
Parent/child status
Independent
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