Inevitable Foundation EIN 86-1768321

Inevitable Foundation

EIN  86-1768321 Public foundation / grantmaker New York, NY
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 9/4/26 · see original filing: IRS
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Size
$1–10M
What they do
Breaks down barriers for mid-level disabled screenwriters.
Leadership
Marisa Torelli-Pedevska · Head of Writing Programs · $64K
Money in and out
$2.1M revenue, $1.6M expenses
Bottom line
78% program efficiency

Breaks down barriers for mid-level disabled screenwriters. For fiscal year 2024 it reported $2.1M in revenue, $1.6M in expenses, and $1.4M in net assets.Pt I

Grants paid & assets · FY2024
Total revenue
$2.1M
Pt VIII · Ln 12
Total expenses
$1.6M
Pt IX · Ln 25
Net assets
$1.4M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $461K
Where spending went · Part IX cols B–D
Program services $0.78 Management & general $0.12 Fundraising $0.10
Program efficiency
78%
of spending reaches programs0% vs prior filing year
Operating runway
5.9mo
months of highly liquid reserves at operating expense rate▼ -30% vs prior filing year
Surplus margin
+22%
revenue over expenses, this year▲ +154% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$2.1M
FY2024▲ +138%
Expenses
$1.6M
FY2024▲ +32%
Total assets
$1.4M
FY2024▲ +48%
Total liabilities
$17K
FY2024▲ +25%
Total revenue
$2.1M
Pt VIII · Ln 12
Total expenses
$1.6M
Pt IX · Ln 25
Net assets
$1.4M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$461K
Total assetsPt X · Ln 16$1.4M
Program-expense ratioPt IX · col B78%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

3 program services account for $987K of program spending, described in the organization's own filed words · FY2024.
01

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.

$421Kprogram expense
02

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.

$412Kprogram expense
03

Visionary fellowshipthe visionary fellowship is a year-long program that invests in disabled filmmakers with the funding, mentorship and community they need to make a short film and leverage it into their first feature film.

$154Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CInevitable Foundation
EINHdr · item D86-1768321
Principal addressHdr · item CNew York, NY
WebsiteHdr · item Jinevitable.foundation
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T30)
Ruling yearIRS BMFOct 2021

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Head of Writing Programs
$64,156Pt VII · Sec A
President
$23,727Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Marisa Torelli-Pedevska’s $64K as Head of Writing Programs is at the 10th percentile of top reported officer pay among 1688 $1–10M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022
Marisa Torelli-Pedevska$64,156$43,083$15,009
Richie Siegel$23,727$24,376$25,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$2.1M · 99%
Investment income$24K · 1%
Contributions & grants99%$2.1M
Investment income1%$24K
Other revenue$1K
Total revenueLn 12$2.1M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.78 Management & general $0.12 Fundraising $0.10
Program services78%$1.3M
Management & general12%$194K
Fundraising10%$168K
Total functional expensesLn 25$1.6M

Balance Sheet

Part X · end of year
CashLn 1$804K
Total assetsLn 16$1.4M
Total liabilitiesLn 26$17K
Total net assetsLn 32$1.4M
Months of cash on handcomputed5.9

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $804K · Operating expenses/yr $1.6M
5.9 months
Where the money goes
Program services
Program services $1.3M · Total expenses $1.6M
78%
Management & General
Management & general $194K · Total expenses $1.6M
12%
Fundraising
Fundraising $168K · Total expenses $1.6M
10%
Cost to raise $1
Fundraising expense (3-yr avg) $122K · Solicited contributions (3-yr avg) $1.6M
$0.08 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $2.1M · Total revenue $2.1M
99%
Government reliance
Government grants — · Total revenue $2.1M
Earned-income share
Program service revenue $0 · Total revenue $2.1M
0%
Investment reliance
Investment income $24K · Total revenue $2.1M
+1%
Program self-sufficiency
Program service revenue $0 · Total expenses $1.6M
0%
Growth & trend
Revenue growth (YoY)
This year $2.1M · Prior year $887K
+138%
Net-asset trend (YoY)
End of year $1.4M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $2.1M · Expenses $1.6M
+22%
Liabilities-to-Assets
Total liabilities — · Total assets $1.4M
Net-asset ratio
Net assets $1.4M · Total assets $1.4M
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.4M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Marisa Torelli-Pedevska · Reported title HEAD OF WRITING PROGRAMS · Highest reported compensation $64K · Total expenses $1.6M
4%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $948K · Total expenses $1.6M
58%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 78%
Overhead ratio 12%
Fundraising cost ratio 8%
Revenue growth 138%
Investment management fee ratio 0%
Legal fee ratio 3%
Fundraising fee ratio 3%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$2K
Grants paid · 10 grants · $861K · 2021–2024
Unitemized GrantFY2024$168,409
Unitemized GrantFY2024$142,832
Unitemized GrantFY2024$40,500
Unitemized GrantFY2024$37,500
Unitemized GrantFY2023$128,428
Unitemized GrantFY2023$87,443
Unitemized GrantFY2023$37,500
Unitemized GrantFY2022$169,518
Unitemized GrantFY2022$2,700
Unitemized GrantFY2021$46,492

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$2.1M revenue · viewing · ⤓ 990 PDF
FY2023$887K revenue · ⤓ 990 PDF
FY2022$1.7M revenue · ⤓ 990 PDF
FY2021$619K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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