BAY AREA HYBRID COLLEGE INITIATIVE: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization: BAY AREA HYBRID COLLEGE INITIATIVE (EIN 82-3461657)
Tax period: 2024-01-01 to 2024-12-31
Filed: 2025-09-17
IRS object ID: 202512609349301041
Schema version: 2024v5.2
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule G
Schedule I
Schedule J
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2025-09-17T10:54:03-07:00	ReturnTs
Tax Period End	2024-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	472626541	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	Cook & Company A Prof Actcy Corporation	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	One Sansome St Ste 3500	AddressLine1Txt
City	San Francisco	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	94104	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2024-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	823461657	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Bay Area Hybrid College Initiative	BusinessNameLine1Txt
Business Name Line2	DBA Rivet School	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	BAYA	BusinessNameControlTxt
Phone	5107275484	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1503 Macdonald Ave	AddressLine1Txt
City	Richmond	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	94801	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	Jeff Manassero	PersonNm
Person Title	CEO	PersonTitleTxt
Signature	2025-09-17	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (true)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Douglas Cook PhDMPACPA	PreparerPersonNm
PTIN	P01521705	PTIN
Phone	4156211112	PhoneNum

Field	Value	IRS element (for citing)
Tax	2024	TaxYr
Build TS	2025-03-06 01:10:19Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	Jeff Manassero	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1503 Macdonald Ave	AddressLine1Txt
City	Richmond	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	94801	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$4,299,770	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	rivetschool.org	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2017	FormationYr
Legal Domicile State	CA	LegalDomicileStateCd
Activity Or Mission	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.	ActivityOrMissionDesc
Voting Members Governing Body	6	VotingMembersGoverningBodyCnt
Voting Members Independent	6	VotingMembersIndependentCnt
Total Employee	41	TotalEmployeeCnt
Total Volunteers	6	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
PY Contributions Grants	$4,192,509	PYContributionsGrantsAmt
CY Contributions Grants	$2,955,978	CYContributionsGrantsAmt
PY Program Service Revenue	$602,194	PYProgramServiceRevenueAmt
CY Program Service Revenue	$1,182,976	CYProgramServiceRevenueAmt
PY Investment Income	$70,579	PYInvestmentIncomeAmt
CY Investment Income	$159,656	CYInvestmentIncomeAmt
PY Other Revenue	$1,026	PYOtherRevenueAmt
CY Other Revenue	$1,160	CYOtherRevenueAmt
PY Total Revenue	$4,866,308	PYTotalRevenueAmt
CY Total Revenue	$4,299,770	CYTotalRevenueAmt
PY Grants And Similar Paid	$238,624	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$366,272	CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$2,348,295	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$3,181,049	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$37,857	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$85,872	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$208,030	CYTotalFundraisingExpenseAmt
PY Other Expenses	$563,041	PYOtherExpensesAmt
CY Other Expenses	$769,397	CYOtherExpensesAmt
PY Total Expenses	$3,187,817	PYTotalExpensesAmt
CY Total Expenses	$4,402,590	CYTotalExpensesAmt
PY Revenues Less Expenses	$1,678,491	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$102,820	CYRevenuesLessExpensesAmt
Total Assets BOY	$5,863,880	TotalAssetsBOYAmt
Total Assets EOY	$5,693,218	TotalAssetsEOYAmt
Total Liabilities BOY	$999,400	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$931,558	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$4,864,480	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$4,761,660	NetAssetsOrFundBalancesEOYAmt
Mission	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.	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Expense	$3,428,880	ExpenseAmt
Grant	$366,272	GrantAmt
Revenue	$1,182,976	RevenueAmt
Desc	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	Desc
Total Program Service Expenses	$3,428,880	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (true)	DescribedInSection501c3Ind
Schedule B Required	Yes (true)	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Lobbying Activities	false	LobbyingActivitiesInd
Subject To Proxy Tax	false	SubjectToProxyTaxInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	false	CollectionsOfArtInd
Credit Counseling	false	CreditCounselingInd
Donor Rstr Or Quasi Endowments	false	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	false	ReportLandBuildingEquipmentInd
Report Investments Other Sec	false	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	false	ReportOtherAssetsInd
Report Other Liabilities	false	ReportOtherLiabilitiesInd
Include FIN48 Footnote	false	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (true)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	false	ConsolidatedAuditFinclStmtInd
School Operating	false	SchoolOperatingInd
Foreign Office	false	ForeignOfficeInd
Foreign Activities	false	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	false	MoreThan5000KToIndividualsInd
Professional Fundraising	Yes (true)	ProfessionalFundraisingInd
Fundraising Activities	false	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	Yes (true)	GrantsToOrganizationsInd
Grants To Individuals	Yes (true)	GrantsToIndividualsInd
Schedule J Required	Yes (true)	ScheduleJRequiredInd
Tax Exempt Bonds	false	TaxExemptBondsInd
Engaged In Excess Benefit Trans	false	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	false	PYExcessBenefitTransInd
Loan Outstanding	false	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	false	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	false	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	false	DeductibleNonCashContriInd
Deductible Art Contribution	false	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	false	DisregardedEntityInd
Related Entity	false	RelatedEntityInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	false	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	33	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	41	EmployeeCnt
Employment Tax Returns Filed	Yes (true)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	false	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Quid Pro Quo Contributions	false	QuidProQuoContributionsInd
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOfInd
Form8282 Filed	0	Form8282FiledCnt
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Form8899 Filedind	false	Form8899Filedind
Form1098 C Filed	false	Form1098CFiledInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	false	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	6	GoverningBodyVotingMembersCnt
Independent Voting Member	6	IndependentVotingMemberCnt
Family Or Business Rln	false	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	false	MembersOrStockholdersInd
Election Of Board Members	false	ElectionOfBoardMembersInd
Decisions Subject To Approva	false	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (true)	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (true)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (true)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (true)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (true)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (true)	WhistleblowerPolicyInd
Document Retention Policy	Yes (true)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (true)	CompensationProcessCEOInd
Compensation Process Other	Yes (true)	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	CA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	IL	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	LA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NY	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	WA	StatesWhereCopyOfReturnIsFldCd
Own Website	Yes (X)	OwnWebsiteInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	Rachel Friedland	PersonNm
Phone	4152977493	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	832 Baker Street	AddressLine1Txt
City	San Francisco	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	94115	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd
Jeff Manassero
Executive Dir.	40.00	0.00	Yes (X)	$191,027	$0	$13,348
Iris Jong
COO	40.00	0.00	Yes (X)	$160,612	$0	$21,879
Sandra Nunez Chief
Program Officer	40.00	0.00		$102,654	$0	$933
Nora Maxwell Chief
Growth Officer	40.00	0.00		$90,846	$0	$4,868
Ted Williams
Chairman	1.00	0.00	Yes (X)	$0	$0	$36	Yes (X)
Lauren Dutton Dir
Secretary	1.00	0.00	Yes (X)	$0	$0	$0	Yes (X)
John Philip Coghlan Dir
Treasurer	1.00	0.00	Yes (X)	$0	$0	$0	Yes (X)
Jaclyn Pinero
Director	1.00	0.00		$0	$0	$0	Yes (X)
Yin Lu
Director	1.00	0.00		$0	$0	$0	Yes (X)
Adanta Ahanonu
Director	1.00	0.00		$0	$0	$0	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$545,139	TotalReportableCompFromOrgAmt
Total Other Compensation	$41,064	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	3	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	false	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (true)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K	0	CntrctRcvdGreaterThan100KCnt
All Other Contributions	$2,955,978	AllOtherContributionsAmt
Total Contributions	$2,955,978	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
Fellow Support Fees	611430	$1,178,465	$1,178,465
Other Program Fees	900099	$4,511	$4,511

Field	Value	IRS element (for citing)
Total Program Service Revenue	$1,182,976	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$159,656	TotalRevenueColumnAmt
Exclusion	$159,656	ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Net Income From Gaming NetIncomeFromGamingGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Net Income Or Loss NetIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	Miscellaneous	Desc
Business	900099	BusinessCd
Total Revenue Column	$1,160	TotalRevenueColumnAmt
Exclusion	$1,160	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$1,160	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$4,299,770	TotalRevenueColumnAmt
Related Or Exempt Func Income	$1,182,976	RelatedOrExemptFuncIncomeAmt
Exclusion	$160,816	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$269,885	TotalAmt
Program Services	$269,885	ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$96,387	TotalAmt
Program Services	$96,387	ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Benefits To Members BenefitsToMembersGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$358,041	TotalAmt
Program Services	$53,706	ProgramServicesAmt
Management And General	$208,785	ManagementAndGeneralAmt
Fundraising	$95,550	FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$2,351,821	TotalAmt
Program Services	$2,215,567	ProgramServicesAmt
Management And General	$131,617	ManagementAndGeneralAmt
Fundraising	$4,637	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$3,324	TotalAmt
Management And General	$3,324	ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$254,979	TotalAmt
Program Services	$177,341	ProgramServicesAmt
Management And General	$69,633	ManagementAndGeneralAmt
Fundraising	$8,005	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$212,884	TotalAmt
Program Services	$178,600	ProgramServicesAmt
Management And General	$26,393	ManagementAndGeneralAmt
Fundraising	$7,891	FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$43,182	TotalAmt
Management And General	$43,182	ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	$85,872	TotalAmt
Fundraising	$85,872	FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$287,548	TotalAmt
Program Services	$155,215	ProgramServicesAmt
Management And General	$132,333	ManagementAndGeneralAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$37,473	TotalAmt
Program Services	$20,079	ProgramServicesAmt
Management And General	$17,212	ManagementAndGeneralAmt
Fundraising	$182	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$106,865	TotalAmt
Program Services	$26,662	ProgramServicesAmt
Management And General	$79,889	ManagementAndGeneralAmt
Fundraising	$314	FundraisingAmt

Royalties RoyaltiesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$37,827	TotalAmt
Program Services	$27,123	ProgramServicesAmt
Management And General	$9,473	ManagementAndGeneralAmt
Fundraising	$1,231	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$29,610	TotalAmt
Program Services	$14,665	ProgramServicesAmt
Management And General	$14,819	ManagementAndGeneralAmt
Fundraising	$126	FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$2,507	TotalAmt
Management And General	$2,507	ManagementAndGeneralAmt

Payments To Affiliates PaymentsToAffiliatesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$3,066	TotalAmt
Management And General	$3,066	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
Other program/oper. expenses	$104,914	$91,923	$8,769	$4,222
Admissions	$69,455	$54,777	$14,678
Bad debt expense	$46,950	$46,950

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$4,402,590	TotalAmt
Program Services	$3,428,880	ProgramServicesAmt
Management And General	$765,680	ManagementAndGeneralAmt
Fundraising	$208,030	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$2,791,416	BOYAmt
EOY	$530,149	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$815,000	BOYAmt
EOY	$640,500	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$34,416	BOYAmt
EOY	$310,002	EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$22,831	BOYAmt
EOY	$10,146	EOYAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
EOY	$3,925,970	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$1,889,334	BOYAmt
EOY	$0	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$310,883	BOYAmt
EOY	$276,451	EOYAmt

Intangible Assets IntangibleAssetsGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$5,863,880	BOYAmt
EOY	$5,693,218	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$190,280	BOYAmt
EOY	$213,398	EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

Field	Value	IRS element (for citing)
BOY	$809,120	BOYAmt
EOY	$718,160	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$999,400	BOYAmt
EOY	$931,558	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,861,267	BOYAmt
EOY	$2,177,903	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$3,003,213	BOYAmt
EOY	$2,583,757	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$4,864,480	BOYAmt
EOY	$4,761,660	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$5,863,880	BOYAmt
EOY	$5,693,218	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	-$102,820	ReconcilationRevenueExpnssAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	Yes (true)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (true)	AuditCommitteeInd
Federal Grant Audit Required	false	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Public Organization170	Yes (X)	PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$1,130,617	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$1,870,608	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$3,802,087	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$4,192,509	CurrentTaxYearMinus1YearAmt
Current Tax Year	$2,955,978	CurrentTaxYearAmt
Total	$13,951,799	TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$1,130,617	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$1,870,608	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$3,802,087	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$4,192,509	CurrentTaxYearMinus1YearAmt
Current Tax Year	$2,955,978	CurrentTaxYearAmt
Total	$13,951,799	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$6,142,776	SubstantialContributorsTotAmt
Public Support Total170	$7,809,023	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$5,504	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$782	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$9,187	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$70,579	CurrentTaxYearMinus1YearAmt
Current Tax Year	$159,656	CurrentTaxYearAmt
Total	$245,708	TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$5,701	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus1 Year	$1,026	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,160	CurrentTaxYearAmt
Total	$7,887	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$14,205,394	TotalSupportAmt
Gross Receipts Rltd Activities	$2,617,353	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.54970	PublicSupportCY170Pct
Public Support PY170	0.59140	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Total Rev Etc Audited Fincl Stmt	$4,299,770	TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal	$4,299,770	RevenueSubtotalAmt
Total Revenue Per Form990	$4,299,770	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$4,402,590	TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal	$4,402,590	ExpensesSubtotalAmt
Total Expenses Per Form990	$4,402,590	TotalExpensesPerForm990Amt

Schedule G IRS990ScheduleG

Field	Value	IRS element (for citing)
Email Solicitations	Yes (X)	EmailSolicitationsInd
Phone Solicitations	Yes (X)	PhoneSolicitationsInd
In Person Solicitations	Yes (X)	InPersonSolicitationsInd
Solicitation Of Non Govt Grants	Yes (X)	SolicitationOfNonGovtGrantsInd
Agrmt Prof Fundraising Acty	Yes (true)	AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp (3 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	ActivityActivityTxt	Fundraiser Control Of FundsFundraiserControlOfFundsInd	Gross ReceiptsGrossReceiptsAmt	Retained By ContractorRetainedByContractorAmt	Net To OrganizationNetToOrganizationAmt
Meveo
6957 Broadway Terrace	Oakland	CA	94611	Develop. consultant	false	$385,010	$50,000	$335,010
First and Constance LLC
8550 United Plz Bg II 305	Baton Rouge	LA	70809	Develop. consultant	false	$200,000	$27,925	$172,075
Strategists For Good LLC
2501 SW Trenton St 1061	Seattle	WA	98106	Develop. consultant	false		$7,947

Field	Value	IRS element (for citing)
Total Gross Receipts	$585,010	TotalGrossReceiptsAmt
Total Retained By Contractors	$85,872	TotalRetainedByContractorsAmt
Total Net To Organization	$507,085	TotalNetToOrganizationAmt
Licensed States	CA	LicensedStatesCd

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (true)	GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Southern New Hampshire Uni	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2500 N River Road	AddressLine1Txt
City	Manchester	CityNm
State Abbreviation	NH	StateAbbreviationCd
ZIP	03106	ZIPCd

Field	Value	IRS element (for citing)
Recipient EIN	020274509	RecipientEIN
IRC Section	501(c)(3)	IRCSectionDesc
Cash Grant	$269,885	CashGrantAmt
Non Cash Assistance	$0	NonCashAssistanceAmt
Purpose Of Grant	Tuition Support	PurposeOfGrantTxt

Field	Value	IRS element (for citing)
Total501c3 Org	1	Total501c3OrgCnt
Total Other Org	0	TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

Field	Value	IRS element (for citing)
Grant Type	Scholarships	GrantTypeTxt
Recipient	134	RecipientCnt
Cash Grant	$96,387	CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Grantmaker's Description of How Grants are Used	FormAndLineReferenceDesc
Explanation	Amounts, which are primarily awarded for scholarships, are not monitored since they are given on behalf of foundations.	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Form990 Of Other Organizations	Yes (X)	Form990OfOtherOrganizationsInd
Written Employment Contract	Yes (X)	WrittenEmploymentContractInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	false	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	false	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	false	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	false	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	false	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	false	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	false	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	false	AnyNonFixedPaymentsInd
Initial Contract Exception	false	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt
Iris Jong
COO	$160,612	$21,564	$315	$182,491
Jeff Manassero
Executive Dir.	$191,027	$13,312	$36	$204,375

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Form 990, Part VI, Section B, Line 11b	Iris Jong, the Chief Operating Officer (functioning as Chief Financial Officer), reviews the draft Form 990 with the CEO and Board Finance Committee prior to final approval, with a comment/feedback period of ~2 weeks. All Board members and the CEO are emailed a copy of the final Form 990 prior to filing.
Form 990, Part VI, Section B, Line 12c	"Members of the Board are covered under the conflict of interest policy; all members must sign a Conflict of Interest Policy & Form. Duty To Disclose: In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board-delegated powers considering the proposed transaction or arrangement. Determining Whether a Conflict of Interest Exists: After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he or she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. Procedures for Addressing the Conflict of Interest: An interested person may make a presentation at the governing board or committee meeting, but after the presentation, he or she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. The chair of the governing board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. After exercising due diligence, the governing board or committee shall determine whether the organization can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the governing board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the organization's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination, it shall make its decision as to whether to enter into the transaction or arrangement. Violations of the Conflicts-of-Interest Policy: If the governing board or committee has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. If, after hearing the member's response and after making further investigation as warranted by the circumstances, the governing board or committee determines the member has failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action. "
Form 990, Part VI, Section B, Line 15a	"Every 3 years in Q3 starting 2023 (2026, 2029, 2031, etc.), following the release of the yearly Fair Pay for Northern California Nonprofits (FPNCAN) salary survey, we run a market comparison analysis and update salary band midpoints as needed. Every year in Q3 following the release of the yearly Fair Pay for Northern California Nonprofits (FPNCAN) salary survey, we: 1) Assess midpoints and Level assignments for "in flux" roles, i.e. roles whose complexity and scope may have fluctuated in the past year. (These roles primarily include Level 4+ IC and leadership roles whose scope may have grown with our org size, budget, complexity, etc.) 2) Consider a % increase across all salary midpoints based on both organization budget and macro factors, such as regional core inflation over the previous twelve months. -- Such salary adjustments are made at the discretion of Rivet School leadership and are not guaranteed. Furthermore, adjustment amounts will reference, but not necessarily strictly align, core inflation %s. Salaries are determined by placement on our Career Framework, as determined by a team member's Performance Evaluation, led by their Manager (in the CEO's case, the Board). The Career Framework lays out different Levels, Grades, and Steps for each functional role, corresponding to a level of responsibility and performance. For Chief Executive Officer, Jeff Manassero: - On 2/2/24, the Rivet School Board of Directors unanimously approved an adjustment to Jeff's salary to $192,050, backpaid to 1/1/24. They also unanimously approved a title change to CEO (Chief Executive Officer). To arrive at the salary amount, we inputted the 2023 Fair Pay for Northern California Nonprofits Executive Director numbers into our Executive Compensation Model -- We weighted the 75th percentile salary numbers at 60%, and the median salary numbers at 40% -- We weighted the following factors, summing to 100%: - FTE 16 to 40 - 30% - Annual budget $2,500,000 - 4,999,999 - 25% - Annual budget $5,000,000 - 8,999,999 - 25% - Geographic location Alameda / Contra Costa - 10% - Field Social service: one major program - 10% Ted Williams, Board Chair, signed a compensation change letter on 2/2/24."
Form 990, Part VI, Section B, Line 15b	"Every 3 years in Q3 starting 2023 (2026, 2029, 2031, etc.), following the release of the yearly Fair Pay for Northern California Nonprofits (FPNCAN) salary survey, we run a market comparison analysis and update salary band midpoints as needed. Every year in Q3 following the release of the yearly Fair Pay for Northern California Nonprofits (FPNCAN) salary survey, we: 1) Assess midpoints and Level assignments for "in flux" roles, i.e. roles whose complexity and scope may have fluctuated in the past year. (These roles primarily include Level 4+ IC and leadership roles whose scope may have grown with our org size, budget, complexity, etc.) 2) Consider a % increase across all salary midpoints based on both organization budget and macro factors, such as regional core inflation over the previous twelve months. -- Such salary adjustments are made at the discretion of Rivet School leadership and are not guaranteed. Furthermore, adjustment amounts will reference, but not necessarily strictly align, core inflation %s. Salaries are determined by placement on our Career Framework, as determined by a team member's Performance Evaluation, led by their Manager (in the CEO's case, the Board). The Career Framework lays out different Levels, Grades, and Steps for each functional role, corresponding to a level of responsibility and performance. For Level 7 Executive roles (CEO, COO, CGO, CPO), we: - Use the Rivet School Career Framework Backup "Executive Model," which directly ties to inputs from the FPNCAN -- Social service: one major program -- $2,500,000 - 4,999,999 -- $5,000,000 - 8,999,999 -- Employees: 16 to 40 - For Executive roles, midpoints should be around the 60th-70th percentile of comparable Northern CA nonprofit salaries - As of 2024, our model weights: -- Median comparables: 60% -- 75th percentile comparables: 40% -- = ~60th percentile - Sanity check by reviewing peer organization 990 filings Nora Maxwell, Chief Growth Officer: On 1/1/24, salary adjustment to $135,000 due to advancement to Level 7, Step 1 as result of 5-year performance evaluation. Iris Jong, Chief Operating Officer: On 3/30/24, salary adjustment to $164,935.00 due to advancement to Level 7, Grade C, Step 1 as result of 6-year performance evaluation. Sandra Maxwell, Chief Program Officer: On 2/22/24, starting salary set at $135,000."
Form 990, Part VI, Section C, Line 19	Copies of documents shall be made available upon request.
Page 2, Part III, 4a - Program Accomplishments	Cont'd from Page 2: Thanks to our strong team of managers, we maintained a remarkable 97% voluntary retention rate and high levels of satisfaction, with scores like "My manager creates a trusting and open environment" receiving an impressive quarterly average of 4.8 out of 5, and "I would recommend Rivet School as a great place to work" achieving a noteworthy quarterly average of 4.7 out of 5, with a 100% response rate each quarter. Over 2024, we expanded our presence into two new communities - Chicago and New Orleans - and made strategic investments to create new pathways to college for recent high school graduates and for working adults in the healthcare sector. This multi-faceted growth strategy is already yielding results: we enrolled over 400 fellows throughout 2024. Referral partnerships with employers, K-12 schools, and CBOs continue to be one of our most consistent and effective strategies to find, recruit, and enroll Rivet School fellows, driving more than 100 of our 287 new enrollments in 2024. Our Growth team generated over 3,400 leads in 2024, and our Admissions team set new records this year by confirming 69 fellows for our September Onboarding group and 54 for our November Onboarding group - a significant increase from our average of 36 Onboarding starts per deadline in 2023. A majority of these fellows are successfully completing Onboarding and enrolling - our average retention from Onboarding through to successful enrollment is up to 65% in 2024 compared to 57% in 2023. As of 12/31/24, Rivet School had served 744 students, with a total composite of 469 enrolled students (including Onboarding, Active, and Paused). Over the summer, our team proudly reached a significant milestone with the graduation of our 100th BA fellow. As of 12/31/24, we've conferred 106 AA degrees and 134 BA degrees. Among graduated students, our median time to a BA degree is 2.6 years. 75% of our graduates have secured a "strong job" (either a full-time job (32-40 hours/week) at an annual salary of $61,871 or higher, with employer-provided paid time off and/or health benefits, or enrolled in a graduate program or fellowship requiring a BA degree.