Inevitable Foundation
- Assets
- $962.2k
- Revenue
- $886.8k
- Investments
- $0.0
- Employees
- 9
- Location
- New York, NY
- Founding
- Data as of
- 12/2023
- EIN
- 86-1768321
Organization Overview
Inevitable Foundation is located in New York, NY. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2023, Inevitable Foundation employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Inevitable Foundation 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 12/2023, Inevitable Foundation generated $886.8k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 12.8% each year . All expenses for the organization totaled $1.2m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO INVEST IN DISABLED WRITERS AND FILMMAKERS SO THEY CAN ACHIEVE ARTISTIC AND FINANCIAL FREEDOM AND LEVERAGE FILM AND TELEVISION TO DESTIGMATIZE DISABILITY AND MENTAL HEALTH GLOBALLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
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. THE PROGRAM GIVES FELLOWS THE FINANCIAL STABILITY TO FOCUS ON THEIR WRITING CAREER FULL-TIME, EMPOWERS THEM WITH THE BUSINESS SKILLS TO ACCELERATE THEIR CAREER DEVELOPMENT AND OPENS UP A COMMUNITY OF PEERS TO BOND AND GROW WITH.
EMERGENCY RELIEF FUNDA RESPONSIVE CASH GRANTING PROGRAM FOR DISABLED WRITERS IN CRISIS.RESEARCH & ADVOCACY DESTIGMATIZING DISABILITY AND INCREASING ACCESS VIA INNOVATIVE RESEARCH AND ADVOCACY INITIATIVES.
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. THE COLLECTIVE ALSO BUILDS CAREER MOMENTUM BY HELPING SCREENWRITERS BUILD COMMUNITY IN THE INDUSTRY AND AMONG THEIR PEERS, SHARPEN THEIR WRITING SKILLS AND STRATEGIZE WITH CAREER AND WRITING COACHES. IN DECEMBER 2022 WE ALSO LAUNCHED ELEVATE FOR PODCASTERS, THE FIRST PROGRAM FOR DISABLED FICTION PODCASTERS.
CONCIERGETHE CONCIERGE IS A PERSONALIZED SERVICE THAT LINKS SHOWRUNNERS AND CREATIVE EXECUTIVES WITH THE BEST DISABLED WRITERS FOR DEVELOPMENT AND STAFFING.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richie Siegel Co-Founder,president, Trea | OfficerTrustee | 50 | $24,376 |
Marisa Torelli-Pedevska Co-Founder, Secretary | OfficerTrustee | 10 | $43,083 |
Rebekah Kondrat Director | Trustee | 1 | $0 |
Sinead Burke Director | Trustee | 1 | $0 |
Brandon Sonnier Director | Trustee | 1 | $0 |
Andraea Lavant Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $877,669 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $877,669 |
| Total Program Service Revenue | $0 |
| Investment income | $7,168 |
| 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 | $886,810 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $253,371 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $85,139 |
| Compensation of current officers, directors, key employees. | $8,514 |
| Compensation to disqualified persons | $95,100 |
| Other salaries and wages | $337,772 |
| Pension plan accruals and contributions | $15,363 |
| Other employee benefits | $29,036 |
| Payroll taxes | $30,786 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $54,381 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $89,000 |
| Fees for services: Investment Management | $253 |
| Fees for services: Other | $78,018 |
| Advertising and promotion | $45,687 |
| Office expenses | $74,796 |
| Information technology | $19,317 |
| Royalties | $0 |
| Occupancy | $1,643 |
| Travel | $23,101 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,724 |
| Insurance | $774 |
| All other expenses | $9,000 |
| Total functional expenses | $1,245,261 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $870,138 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $40,000 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $15,134 |
| Net Land, buildings, and equipment | $14,572 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $22,310 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $962,154 |
| Accounts payable and accrued expenses | $13,299 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $13,299 |
| Net assets without donor restrictions | $268,005 |
| Net assets with donor restrictions | $680,850 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $962,154 |