Inevitable Foundation
Nonprofit profile at a glance
- EIN
- 861768321
- IRS 990 coverage
- 2022–2024
- Forms available
- Form 990 2024
- Location
- New York, NY, USA
- Phone
- 9732180500
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Standard
- Sector
- Public Foundations
Reported finances
- Revenue
- $2,106,804
- Expenses
- $1,645,393
- Assets
- $1,426,899
- Liabilities
- $16,633
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- RICHIE SIEGEL (PRESIDENT)
Highest reported compensation
- MARISA TORELLI-PEDEVSKA (HEAD OF WRITING PROGRAMS): $77,714 total reported compensation
- RICHIE SIEGEL (PRESIDENT): $37,838 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
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.
What it reported doing in 2024
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.
Operating model
- Revenue model
- Donor-supported. 99% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 70% for direct work, and 30% for grants.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and some related-organization disclosures are missing.
Rating breakdown
- Financial Efficiency: 65
- Transparency & Controls: 90
- Accountability: 74
- Sustainability: 61
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 61.3%; rating input score 61
- Program expense ratio: 78%; rating input score 78
- Fundraising efficiency: $12.38 raised per $1 spent on fundraising; rating input score 45; 45th percentile among comparable filings
Transparency & Controls
- Consistency checks: 92.9%; rating input score 93; 13th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: No; rating input score 0
Accountability
- Independent voting board: 71.4%; rating input score 71; 12th percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 21.9%; rating input score 79; 79th percentile among comparable filings
- Total-asset coverage ratio: 0.87; rating input score 32; 32nd percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 85; 85th percentile among comparable filings
- Officer compensation ratio: 7%; rating input score 41; 41st percentile among comparable filings
Growth
- Program expense growth: 36.1% per year; rating input score 100; 94th percentile among comparable filings
- Revenue growth: 12.8% per year; rating input score 100; 77th percentile among comparable filings
- Asset growth: 4.7% per year; rating input score 100; 33rd percentile among comparable filings
Details
- Where the money goes: 61.3% of revenue deployed · 78% of spending went to programs
- Governance: 5 of 7 board members independent · 7 of 9 filing controls reported
- Programs: 7 filed program accomplishments · $1.3M in reported program spending
- Leadership: top reported pay $78K · 7 people listed
- Highest-paid contractors: 1 contractor listed · $110K reported
- Consistency: 32 of 33 current checks pass · 1 finding to review
- Schedules: 8 filed schedules · includes major donors and grants
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Fundraising efficiency scored 45/100.
- High — Transparency & Controls: Related-party transparency scored 0/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 32/100.
- Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
- Moderate — Sustainability: Officer compensation ratio scored 41/100.