Bay Area Hybrid College Initiative

Organization Overview

Bay Area Hybrid College Initiative is located in Richmond, CA. The organization was established in 2018. According to its NTEE Classification (B30) the organization is classified as: Vocational & Technical Schools, under the broad grouping of Education and related organizations. As of 12/2021, Bay Area Hybrid College Initiative employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bay Area Hybrid College Initiative is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Bay Area Hybrid College Initiative generated $2.2m in total revenue. All expenses for the organization totaled $1.8m during the year ending 12/2021.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

AFFORDABLE AND ACCESSIBLE HIGHER EDUCATION FOR TRADITIONALLY UNDERSERVED STUDENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OUR FOUNDING DEGREE PARTNER IS SOUTHERN NEW HAMPSHIRE UNIVERSITY AND A PROGRAM CALLED COLLEGE FOR AMERICA CFA. THROUGH CFA, ENROLLEES EARN THEIR BACHELORS IN MANAGEMENT. THIS PROGRAM FOCUSES ON BUILDING A WIDE RANGE OF MANAGEMENT SKILLS FROM OPERATIONS, TO BUSINESS WRITING, TO FINANCIAL MANAGEMENT, TEAM LEADERSHIP, STRATEGY, AND MORE. IN 2021, OUR TEAM GREW FROM NINE TO FIFTEEN, AND WE'VE RETAINED A STRONG SENSE OF MORALE AND CONNECTION AS WE'VE GROWN. WE'VE SOLIDLY POSITIONED OUR PROGRAM AS VIRTUAL-FIRST AND EXPANDED TO SERVE STUDENTS ACROSS CALIFORNIA (WE HAVE NEARLY 20 STUDENTS IN LA!). WE ACHIEVED NEARLY ALL OF OUR MAJOR ROADMAP PRIORITIES IN 2021, FROM REVAMPING PROGRAMS LIKE PAY IT FORWARD AND BRIDGE, TO MAKING SIGNIFICANT INVESTMENTS IN BUILDING A DATA INFRASTRUCTURE FOR FUTURE GROWTH. BEYOND OUR CONTINUED REFINEMENT OF THE COLLEGE PROGRAM, WE DEDICATED TIME TO REVAMP AND DESIGN NEW PROGRAM ELEMENTS, INCLUDING REVAMPING OUR PAY IT FORWARD PROGRAM TO BE MORE STUDENT-FRIENDLY, DEVELOPING A NEW 10-WEEK CURRICULUM FOR OUR BRIDGE PROGRAM, COMPLETING AN ANALYSIS OF JOB PROSPECTS FOR GRADUATES, AND PILOTING A TOTALLY NEW PROGRAM, CALLED RIVETWORKS, WHICH ENGAGED EMPLOYERS AND FELLOWS IN A MULTI-WEEK EXTERNSHIP EXPERIENCE. IN RESPONSE TO STUDENT CONCERNS EXACERBATED BY THE PANDEMIC, INCLUDING JOB LOSS, HOUSING INSTABILITY, AND PHYSICAL AND MENTAL HEALTH ISSUES, OUR EMERGENCY FUND GRANTS KICKED INTO HIGH GEAR, BOLSTERED BY A $15K GRANT FROM THE SOBRATO FOUNDATION TO CHANNEL FUNDING TO MORE FELLOWS. WE SET UP AND ADMINISTERED OUR EMERGENCY FUND, DISBURSING OVER $40K SINCE THE PANDEMIC BEGAN (ALL PHILANTHROPICALLY SUPPORTED). WE ALSO PURSUED NEW COMMUNITY-BASED WRAP-AROUND SERVICES FOR FELLOWS, INCLUDING A PARTNERSHIP WITH CSU-EAST BAY'S COUNSELING GRADUATE SCHOOL. OVER 12 OF OUR FELLOWS HAVE BEEN ACTIVELY RECEIVING THERAPY SERVICES THROUGH THE PROGRAM AT NO COST SINCE THE INITIATIVE BEGAN THIS SUMMER. DESPITE A CLEAR AND CONSISTENT SLOW-DOWN IN FELLOW PROGRESS (MEDIAN PACE REMAINED WELL ABOVE OUR RELATED KPI THIS YEAR), OUR FELLOWS ARE ENGAGED AND PERSISTING. OUR 73% LIFETIME PERSISTENCE, AND 1-YEAR COHORT RETENTION RATE OF 82% INDICATE HIGH LEVELS OF PROGRAM STICKINESS. AND 60%-70% OF FELLOWS ARE ACTIVELY ENGAGED IN A GIVEN WEEK. OUR ANNUAL SURVEY CAPTURED A NET PROMOTER SCORE OF 85, A STRONG INDICATOR OF FELLOW SATISFACTION.


OUR FOUNDING DEGREE PARTNER IS SOUTHERN NEW HAMPSHIRE UNIVERSITY AND A PROGRAM CALLED COLLEGE FOR AMERICA CFA. THROUGH CFA, ENROLLEES EARN THEIR BACHELORS IN MANAGEMENT. THIS PROGRAM FOCUSES ON BUILDING A WIDE RANGE OF MANAGEMENT SKILLS FROM OPERATIONS, TO BUSINESS WRITING, TO FINANCIAL MANAGEMENT, TEAM LEADERSHIP, STRATEGY, AND MORE. IN 2021, OUR TEAM GREW FROM NINE TO FIFTEEN, AND WE'VE RETAINED A STRONG SENSE OF MORALE AND CONNECTION AS WE'VE GROWN. WE'VE SOLIDLY POSITIONED OUR PROGRAM AS VIRTUAL-FIRST AND EXPANDED TO SERVE STUDENTS ACROSS CALIFORNIA (WE HAVE NEARLY 20 STUDENTS IN LA!). WE ACHIEVED NEARLY ALL OF OUR MAJOR ROADMAP PRIORITIES IN 2021, FROM REVAMPING PROGRAMS LIKE PAY IT FORWARD AND BRIDGE, TO MAKING SIGNIFICANT INVESTMENTS IN BUILDING A DATA INFRASTRUCTURE FOR FUTURE GROWTH. BEYOND OUR CONTINUED REFINEMENT OF THE COLLEGE PROGRAM, WE DEDICATED TIME TO REVAMP AND DESIGN NEW PROGRAM ELEMENTS, INCLUDING REVAMPING OUR PAY IT FORWARD PROGRAM TO BE MORE STUDENT-FRIENDLY, DEVELOPING A NEW 10-WEEK CURRICULUM FOR OUR BRIDGE PROGRAM, COMPLETING AN ANALYSIS OF JOB PROSPECTS FOR GRADUATES, AND PILOTING A TOTALLY NEW PROGRAM, CALLED RIVETWORKS, WHICH ENGAGED EMPLOYERS AND FELLOWS IN A MULTI-WEEK EXTERNSHIP EXPERIENCE. IN RESPONSE TO STUDENT CONCERNS EXACERBATED BY THE PANDEMIC, INCLUDING JOB LOSS, HOUSING INSTABILITY, AND PHYSICAL AND MENTAL HEALTH ISSUES, OUR EMERGENCY FUND GRANTS KICKED INTO HIGH GEAR, BOLSTERED BY A $15K GRANT FROM THE SOBRATO FOUNDATION TO CHANNEL FUNDING TO MORE FELLOWS. WE SET UP AND ADMINISTERED OUR EMERGENCY FUND, DISBURSING OVER $40K SINCE THE PANDEMIC BEGAN (ALL PHILANTHROPICALLY SUPPORTED). WE ALSO PURSUED NEW COMMUNITY-BASED WRAP-AROUND SERVICES FOR FELLOWS, INCLUDING A PARTNERSHIP WITH CSU-EAST BAY'S COUNSELING GRADUATE SCHOOL. OVER 12 OF OUR FELLOWS HAVE BEEN ACTIVELY RECEIVING THERAPY SERVICES THROUGH THE PROGRAM AT NO COST SINCE THE INITIATIVE BEGAN THIS SUMMER. DESPITE A CLEAR AND CONSISTENT SLOW-DOWN IN FELLOW PROGRESS (MEDIAN PACE REMAINED WELL ABOVE OUR RELATED KPI THIS YEAR), OUR FELLOWS ARE ENGAGED AND PERSISTING. OUR 73% LIFETIME PERSISTENCE, AND 1-YEAR COHORT RETENTION RATE OF 82% INDICATE HIGH LEVELS OF PROGRAM STICKINESS. AND 60%-70% OF FELLOWS ARE ACTIVELY ENGAGED IN A GIVEN WEEK. OUR ANNUAL SURVEY CAPTURED A NET PROMOTER SCORE OF 85, A STRONG INDICATOR OF FELLOW SATISFACTION.


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Board, Officers & Key Employees

Name (title)Compensation
Jeff Manassero
Executive Dir.
$141,176
Iris Jong
COO
$103,341
Eli Bildner Thru 821
Director
$82,610
Ted Williams
Chairman
$0
John Coghlan
Treasurer
$0
Lauren Dutton
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $101,755
All other contributions, gifts, grants, and similar amounts not included above$1,768,853
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,870,608
Total Program Service Revenue$304,234
Investment income $782
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,175,624

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Bay Area Hybrid College Initiative has recieved totaling $216,577.

Awarding OrganizationAmount
Silicon Schools Fund Inc

Oakland, CA

PURPOSE: TO SUPPORT TEACHER TRAINING

$156,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: EDUCATION

$33,784
Npx Charitable Inc

San Francisco, CA

PURPOSE: PAYMENT FOR EACH STUDENT WHO GRADUATES WITH A BACHELOR DEGREE.

$26,760
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$33
View Grant Recipient Profile

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