Bay Area Hybrid College Initiative is a 501(c)(3) organization based in Richmond, California, registered in 2018, with $4,866,308 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$4.9M
▲ 14.6% vs prior year
Education median: $200K
Expenses (FY2023)
$3.2M
Net assets
$4.9M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Bay Area Hybrid College Initiative— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Bay Area Hybrid College Initiative: 18 mo reserves · +34% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Bay Area Hybrid College Initiative— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Bay Area Hybrid College Initiative: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $1.3M (FY2018) to $4.9M (FY2023) across 6 reported years.
Financial snapshot
Operating margin
34.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$5.9M
Total liabilities
$999K
Net assets
$4.9M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $4,866,308▲14.6% | $3,187,817▲37.4% | $4,864,480▲52.7% | $5,863,880▲41.5% | 990 |
| 2022 | $4,245,051▲95.1% | $2,319,504▲26.1% | $3,185,989▲85.8% | $4,144,876▲131% | 990 |
| 2021 | $2,175,624▲58.4% | $1,839,422▲52.9% | $1,714,435▲24.4% | $1,792,780▲30.1% | 990 |
| 2020 | $1,373,763▲18.8% | $1,202,935▲39.7% | $1,378,233▲14.1% | $1,378,233▲14.1% | 990 |
| 2019 | $1,156,797▼10.3% | $861,018▲107% | $1,207,405▲32.4% | $1,207,405▲32.4% | 990 |
| 2018 | $1,290,105 | $416,281 | $911,626 | $911,626 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
26 grants to Bay Area Hybrid College Initiative totaling $2.7M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Tipping Point Community | Education issue area | 2024 | $300,000 |
| Charter Fund Inc | Impact and innovation | 2024 | $200,000 |
| Tntp Inc | Support for latpp participants | 2024 | $56,000 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2024 | $8,000 |
| Donor Advised Charitable Giving | Education | 2023 | $190,750 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $15,500 |
| American Online Giving Foundation Inc | General support | 2023 | $14,025 |
| Goldman Sachs Charitable Gift Fund | Scholarships & financial aid | 2023 | $10,000 |
| New Schools Fund | Edge | 2022 | $500,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $215,000 |
| Donor Advised Charitable Giving | Education | 2022 | $83,583 |
| Donor Advised Charitable Giving | Education | 2021 | $33,784 |
| National Philanthropic Tr | Education | 2021 | $25,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $25,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $25,000 |
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Data for Bay Area Hybrid College Initiative (EIN 82-3461657) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.