Inevitable Foundation EIN 86-1768321 Form 990 (PDF) Claim this org

Inevitable Foundation FY2022 filing

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Breaks down barriers for mid-level disabled screenwriters. For fiscal year 2022 it reported $1.7M in revenue, $759K in expenses, and $1.3M in net assets.Pt I

Type
Public foundation / grantmaker · Foundations & Grantmakers
Location
New York, NY
Website
inevitable.foundation
Filings
4 on file (2021–2022)
Revenue
$1.7MFY2022
Expenses
$759K
Net assets
$1.3M
People
6
Filings
4
Updates
0
More identity details & actions ⌄
EIN  86-1768321 Public foundation / grantmaker New York, NY
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →
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Figures match the IRS filing checked 9/4/26 · see original: IRS
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Size
$1–10M
What they do
Breaks down barriers for mid-level disabled screenwriters.
Leadership
Richie Siegel · Co-Founder,president, Treasurer · $25K
Money in and out
$1.7M revenue, $759K expenses
Bottom line
79% program efficiency
Grants paid & assets · FY2022
Total revenue
$1.7M
Pt VIII · Ln 12
Total expenses
$759K
Pt IX · Ln 25
Net assets
$1.3M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $945K
Where spending went · Part IX cols B–D
Program services $0.79 Management & general $0.13 Fundraising $0.08
Program efficiency
79%
of spending reaches programs
Operating runway
14.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
+55%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$1.7M
FY2022▲ +176%
Expenses
$759K
FY2022▲ +196%
Total assets
$1.3M
FY2022▲ +240%
Total liabilities
$4K
FY2022▼ -81%
Total revenue
$1.7M
Pt VIII · Ln 12
Total expenses
$759K
Pt IX · Ln 25
Net assets
$1.3M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$945K
Total assetsPt X · Ln 16$1.3M
Program-expense ratioPt IX · col B79%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 44

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 1a6
Independent voting membersPt VI · Ln 1b4
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 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Co-Founder,president, Treasurer
$25,000Pt VII · Sec A
Co-Founder, Secretary
$15,009Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$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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Mission & Programs · Part III

Where the work happens

3 program services account for $592K of program spending, described in the organization's own filed words · FY2022.
01

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.

$577Kprogram expense
02

Disability is diversity campaign

$12Kprogram expense
03

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.

$3Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants100%$1.7M
Total revenueLn 12$1.7M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.79 Management & general $0.13 Fundraising $0.08
Program services79%$597K
Management & general13%$99K
Fundraising8%$64K
Total functional expensesLn 25$759K

Balance Sheet

Part X · end of year
CashLn 1$920K
Total assetsLn 16$1.3M
Total liabilitiesLn 26$4K
Total net assetsLn 32$1.3M
Months of cash on handcomputed14.5

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $920K · Operating expenses/yr $759K
14.5 months
Where the money goes
Program services
Program services $597K · Total expenses $759K
79%
Management & General
Management & general $99K · Total expenses $759K
13%
Fundraising
Fundraising $64K · Total expenses $759K
8%
Cost to raise $1
Fundraising expense (2-yr avg) $48K · Solicited contributions (2-yr avg) $1.2M
$0.04 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $1.7M · Total revenue $1.7M
100%
Government reliance
Government grants — · Total revenue $1.7M
Earned-income share
Program service revenue $0 · Total revenue $1.7M
0%
Investment reliance
Investment income $0 · Total revenue $1.7M
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $759K
0%
Growth & trend
Revenue growth (YoY)
This year $1.7M · Prior year $619K
+176%
Net-asset trend (YoY)
End of year $1.3M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.7M · Expenses $759K
+55%
Liabilities-to-Assets
Total liabilities — · Total assets $1.3M
Net-asset ratio
Net assets $1.3M · Total assets $1.3M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.3M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Richie Siegel · Reported title CO-FOUNDER,PRESIDENT, TREASURER · Highest reported compensation $25K · Total expenses $759K
3%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $171K · Total expenses $759K
23%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 79%
Overhead ratio 13%
Fundraising cost ratio 4%
Revenue growth 176%
Legal 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 · ⤓ 990 PDF
FY2023$887K revenue · ⤓ 990 PDF
FY2022$1.7M revenue · viewing · ⤓ 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) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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