Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 2023.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
45 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
4 people listed on the 990.
Eric Dawson’s $175K as Secretary is at the 83rd percentile of top reported officer pay among 3869 $1–10M human services 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 · 4 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 |
|---|---|---|---|
| Christina Rose | $157,500 | $180,000 | $224,167 |
| Eric Dawson | $175,000 | $180,000 | $142,083 |
| Michael Reddy | — | — | $96,750 |
| Hayfa Sdiri | — | $79,992 | — |
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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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Empowers youth-led social change by funding and amplifying their ideas through partnerships and collective economic power.
Questions for Rivet Global
Your first name shows with your question. Rivet Global answers here, for everyone.
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Rivet was incorporated in september 2021 and not operaional until november 2021. Thus there were no significant programatic activities undertaken in 2021. Expenses incurred primarily related to general start up costs.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2021 990, line by line.
Download 990
| Line | Start FY21 | End FY21 |
|---|---|---|
| Cash and savingsLn 1–2 | $483K | |
| Total assetsLn 16 | $0 | $510K |
| LiabilitiesLn 26 | $0 | $75K |
| Net assetsLn 32 | $0 | $434K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic individualsLn 2 | $3K | $3K | ||
| Other salaries and wagesLn 7 | $117K | $52K | $28K | $37K |
| Other employee benefitsLn 9 | $13K | $5K | $3K | $6K |
| Payroll taxesLn 10 | $5K | $2K | $955 | $2K |
| Other fees for servicesLn 11g | $146K | $68K | $24K | $55K |
| OccupancyLn 16 | $674 | $369 | $305 | |
| Other expenses (24a–d)Ln 24 | $111 | $111 | ||
| Total functional expensesLn 25 | $286K | $130K | $57K | $99K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $1.6M | $961K | $674K | $692K | 990 PDF |
| FY2023 | $1.1M | $991K | $126K | $18K | 990 PDF |
| FY2022 | $364K | $906K | −$543K | −$108K | 990 PDF |
| FY2021 Viewing | $720K | $286K | $434K | $434K | 990 PDF |
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Schedules filed Part IV
See the full FY2021 990 (6 parts)
Part I · Summary $720,010 revenue, 12 lines filed
Part VI · Governance 3 of 3 board members independent, no flags
Part VIII · Statement of revenue $720,010 across 3 lines filed
Part IX · Statement of functional expenses $285,529 across 7 lines filed
Part X · Balance sheet $509,901 assets, 8 lines filed
Part XI · Reconciliation of net assets $434,481 net assets at year end
Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File
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