Bay Area Hybrid College Initiative
EIN: 823461657 · Richmond, CA · NTEE: B30
About Bay Area Hybrid College Initiative
Bay Area Hybrid College Initiative (EIN: 823461657) is a nonprofit organization based in Richmond, CA, classified under NTEE code B30. The organization reported total revenue of $4.3M and total assets of $5.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bay Area Hybrid College Initiative's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Bay Area Hybrid College Initiative has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bay Area Hybrid College Initiative with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Filing History
IRS 990 filing history for Bay Area Hybrid College Initiative showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Bay Area Hybrid College Initiative's revenue has grown by 8010.5%, moving from $60K to $4.9M. Total assets increased by 11889.1% over the same period, from $49K to $5.9M. Total functional expenses rose by 14260.8%, from $22K to $3.2M. In its most recent filing year (2023), Bay Area Hybrid College Initiative reported a surplus of $1.7M, with revenue exceeding expenses. The organization holds $999K in liabilities against $5.9M in assets (debt-to-asset ratio: 17.0%), resulting in net assets of $4.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $4.9M | $3.2M | $5.9M | $999K | — | — |
| 2022 | $4.2M | $2.3M | $4.1M | $959K | — | View 990 |
| 2021 | $1.3M | $1.8M | $1.8M | $903K | — | View 990 |
| 2020 | $1.4M | $1.2M | $1.4M | $0 | — | View 990 |
| 2019 | $1.2M | $861K | $1.2M | $0 | — | View 990 |
| 2018 | $1.3M | $416K | $912K | $0 | — | View 990 |
| 2017 | $60K | $22K | $49K | $11K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.9M, expenses of $3.2M, and assets of $5.9M (revenue +14.6% year-over-year).
- 2022: Revenue of $4.2M, expenses of $2.3M, and assets of $4.1M (revenue +220.2% year-over-year).
- 2021: Revenue of $1.3M, expenses of $1.8M, and assets of $1.8M (revenue -3.5% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.2M, and assets of $1.4M (revenue +18.8% year-over-year).
- 2019: Revenue of $1.2M, expenses of $861K, and assets of $1.2M (revenue -10.3% year-over-year).
- 2018: Revenue of $1.3M, expenses of $416K, and assets of $912K (revenue +2050.2% year-over-year).
- 2017: Revenue of $60K, expenses of $22K, and assets of $49K.
Data Sources and Methodology
This transparency report for Bay Area Hybrid College Initiative is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.