Rivet Global Inc
- Assets
- $509.9k
- Revenue
- $720.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Dorchester, MA
- Founding
- Data as of
- 12/2021
- EIN
- 87-3214262
Organization Overview
Rivet Global Inc is located in Dorchester, MA. Rivet Global Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION IS ORGANIZED FOR THE PURPOSES OF PROVIDING SUPPORT FOR YOUTH-LED SOCIAL CHANGE BY HARNESSING THE COLLECTIVE ECONOMIC POWER OF YOUNG PEOPLE TO SUPPORT, FUND, AND ACCELERATE YOUNG PEOPLE'S IDEAS FOR A BETTER WORLD, BY ANY APPROPRIATE MEANS. (SEE SCHEDULE O)THIS INCLUDES: (I) PARTNER WITH COMPANIES TO CO-BRAND PRODUCTS AND EXPERIENCES THAT ALLOW YOUTH TO CHANNEL FUNDING TO OTHER YOUNG PEOPLE LEADING CHANGE; (II) THROUGH NON-GOVERNMENTAL ORGANIZATIONS PARTNERS, PROVIDE FUNDING AND MENTORSHIP TO YOUNG PEOPLE LAUNCHING NEW SOCIAL IMPACT PROJECTS IN THEIR COMMUNITIES; (III) PARTNER WITH STORYTELLERS TO AMPLIFY POSITIVE STORIES OF YOUTH LED PROJECTS ACROSS THE GLOBE; AND PARTNER WITH YOUTH THROUGHOUT THE WORLD TO CREATE OPPORTUNITIESTO LEARN ABOUT YOUTH-LED SOCIAL CHANGE AND EXPRESS THEIR SHARED SENSE OF COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Dawson Ceo, President, Clerk | OfficerTrustee | 40 | $0 |
Christina Rose Chief Marketing & Growth Officer | Officer | 40 | $0 |
Emily Mccann Treasurer | Trustee | 3 | $0 |
Bobby Jones Board Member | Trustee | 3 | $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 | $720,010 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $720,010 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $720,010 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $3,001 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $117,337 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $13,354 |
| Payroll taxes | $4,865 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $146,187 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $674 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $111 |
| Total functional expenses | $285,529 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $483,125 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $26,776 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $509,901 |
| Accounts payable and accrued expenses | $75,420 |
| 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 | $75,420 |
| Net assets without donor restrictions | $434,481 |
| Net assets with donor restrictions | $0 |
| 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 | $509,901 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Rivet Global Inc has recieved totaling $483,125.
| Awarding Organization | Amount |
|---|---|
New Venture Fund Washington, DC PURPOSE: YOUTH DEVELOPMENT AND EDUCATION | $483,125 |
Peer Organizations
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|---|---|---|
Berks County School Districts Health Tr Reading, PA | $37,307,686 | $92,475,879 |
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Central European University New York, NY | $577,160,061 | $72,058,098 |
International Union Of Operating Engineers Welfare Fund Long Island City, NY | $98,450,225 | $98,628,304 |
New Jersey Property Liability Basking Ridge, NJ | $270,074,908 | $113,404,286 |
Upmc Lititz Harrisburg, PA | $81,864,299 | $83,139,500 |
American Society For Testing And Materials West Conshohocken, PA | $507,262,217 | $135,712,233 |
Cedar Crest Village Llc Pompton Plains, NJ | $458,841,206 | $94,228,748 |
Alfred P Sloan Foundation New York, NY | $2,105,880,634 | $192,527,982 |
Philadelphia Post-Acute Partnersllc Philadelphia, PA | $76,499,158 | $101,068,675 |
Urs Federal Support Services Inc Veba Trust Welfare Benefits Plan Boston, MA | $7,183,166 | $100,020,557 |
Connecticut Foodshare Inc Wallingford, CT | $64,587,641 | $98,816,890 |