HARVARD BUSINESS SCHOOL CLUB OF NEW YORK INC: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
HARVARD BUSINESS SCHOOL CLUB OF NEW YORK INC (EIN 13-6159699)
Tax period
2021-07-01 to 2022-06-30
Filed
2023-04-05
IRS object ID
202310959349301466
Schema version
2021v4.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2023-04-05T13:53:13-07:00ReturnTs
Tax Period End2022-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN812950760PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SAX LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1389 INTERPACE PARKWAY STE 3AddressLine1Txt
CityPARISPPANYCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07054ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN136159699EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1The Harvard Business School ClubBusinessNameLine1Txt
Business Name Line2of Greater New YorkBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlHARVBusinessNameControlTxt
Phone2015883758PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11460 BroadwayAddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10036ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonRay EasonPersonNm
Person TitleCFOPersonTitleTxt
Signature2023-04-05SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstRayPersonFirstNm
Person LastEasonPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMichael SchallPreparerPersonNm
PTINP02024184PTIN
Phone2122682804PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
Federated Assurance LevelFAL1FederatedAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerRay EasonPrincipalOfficerNm
Gross Receipts$2,097,042GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.hbscny.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1962FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionThe Harvard Business School of Greater New York is a unique, powerful platform connecting the leadership and management expertise of Harvard Business School and its alumni with the vital, creative and dynamic community of Greater New York City.ActivityOrMissionDesc
Voting Members Governing Body39VotingMembersGoverningBodyCnt
Voting Members Independent39VotingMembersIndependentCnt
Total Employee12TotalEmployeeCnt
Total Volunteers300TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$123,957PYContributionsGrantsAmt
CY Contributions Grants$1,956,557CYContributionsGrantsAmt
PY Program Service Revenue$106,688PYProgramServiceRevenueAmt
CY Program Service Revenue$48,807CYProgramServiceRevenueAmt
PY Investment Income$22,631PYInvestmentIncomeAmt
CY Investment Income$13,358CYInvestmentIncomeAmt
PY Other Revenue$2,745PYOtherRevenueAmt
CY Other Revenue$1,431CYOtherRevenueAmt
PY Total Revenue$256,021PYTotalRevenueAmt
CY Total Revenue$2,020,153CYTotalRevenueAmt
PY Grants And Similar Paid$155,000PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$155,000CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$651,435PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$606,599CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$47,815CYTotalFundraisingExpenseAmt
PY Other Expenses$225,701PYOtherExpensesAmt
CY Other Expenses$282,492CYOtherExpensesAmt
PY Total Expenses$1,032,136PYTotalExpensesAmt
CY Total Expenses$1,044,091CYTotalExpensesAmt
PY Revenues Less Expenses-$776,115PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$976,062CYRevenuesLessExpensesAmt
Total Assets BOY$3,298,161TotalAssetsBOYAmt
Total Assets EOY$2,494,386TotalAssetsEOYAmt
Total Liabilities BOY$1,865,533TotalLiabilitiesBOYAmt
Total Liabilities EOY$105,306TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,432,628NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,389,080NetAssetsOrFundBalancesEOYAmt
MissionThe Mission of the HBS Club of New York is to Make a Difference and to Support Harvard Business School by Engaging Alumni, Impacting Community, Fostering Leadership and Lifelong Learning.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$516,395ExpenseAmt
Grant$15,000GrantAmt
Revenue$48,807RevenueAmt
DescHBSC of New York offers a wide variety of activities for the professional and personal enrichment of members and the HBS alumni. Events include finance, lifestyle and marketing, media, art, social enterprise & nonprofit sector, career/ professional development, HBS professors, social and service the New York community.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$140,000ExpenseAmt
Grant$140,000GrantAmt
DescContributions to Harvard Business School.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$656,395TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document5IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee12EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Form8282 Filed0Form8282FiledCnt
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Form8899 FiledindfalseForm8899Filedind
Form1098 C FiledfalseForm1098CFiledInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members39GoverningBodyVotingMembersCnt
Independent Voting Member39IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersYes (true)MembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (true)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesfalseMinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonAlan HuritePersonNm
Phone2015883758PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11460 BroadwayAddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10036ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (39 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
Elizabeth Lawler
Executive Dir.40.000.00Yes (X)$127,781$0$8,526
Clare Peeters
President20.000.00Yes (X)$0$0$0Yes (X)
Mark Tatum
Chairman2.000.00$0$0$0Yes (X)
Katherine Bahamonde Monasebian
Board Member2.000.00$0$0$0Yes (X)
Todd Benson
Board Member2.000.00$0$0$0Yes (X)
Dan Biederman
Board Member2.000.00$0$0$0Yes (X)
Kal Bittianda
Board Member2.000.00$0$0$0Yes (X)
Bruce Bockmann
Board Member2.000.00$0$0$0Yes (X)
Andrew Cheskis
Board Member2.000.00$0$0$0Yes (X)
Hemali Dassani
Board Member2.000.00$0$0$0Yes (X)
Elisabeth Hair DeMarse
Board Member2.000.00$0$0$0Yes (X)
Deborah Farrington
Board Member2.000.00$0$0$0Yes (X)
Marjorie Federbush
Board Member2.000.00$0$0$0Yes (X)
Joel Glasky
Board Member2.000.00$0$0$0Yes (X)
Leonard Harlan
Board Member2.000.00$0$0$0Yes (X)
Joanna Stone Herman
Board Member2.000.00$0$0$0Yes (X)
Leslie Himmel
Board Member2.000.00$0$0$0Yes (X)
Richard Kane
Board Member2.000.00$0$0$0Yes (X)
Atul Khanna
Board Member2.000.00$0$0$0Yes (X)
Anand Kini
Board Member2.000.00$0$0$0Yes (X)
Nancy Lane
Board Member2.000.00$0$0$0Yes (X)
Monica Mandelli
Board Member2.000.00$0$0$0Yes (X)
Bruce Marcus
Board Member2.000.00$0$0$0Yes (X)
Depelsha McGruder
Board Member2.000.00$0$0$0Yes (X)
Chris Marinak
Board Member2.000.00$0$0$0Yes (X)
Howard Morgan
Board Member2.000.00$0$0$0Yes (X)
Jessica Luterman Naeve
Board Member2.000.00$0$0$0Yes (X)
Jacques Nordeman
Board Member2.000.00$0$0$0Yes (X)
Edward Olebe
Board Member2.000.00$0$0$0Yes (X)
Kenneth Powell
Board Member2.000.00$0$0$0Yes (X)
Dianna Raedle
Board Member2.000.00$0$0$0Yes (X)
Lowell Robinson
Board Member2.000.00$0$0$0Yes (X)
Dionis Rodriguez
Board Member2.000.00$0$0$0Yes (X)
Paul Stamas
Board Member2.000.00$0$0$0Yes (X)
Lance Stuart
Board Member2.000.00$0$0$0Yes (X)
Nathaniel Sutton
Board Member2.000.00$0$0$0Yes (X)
Aleksi Suvanto
Board Member2.000.00$0$0$0Yes (X)
Amy Vecchione
Board Member2.000.00$0$0$0Yes (X)
Laila Worrell
Board Member2.000.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$127,781TotalReportableCompFromOrgAmt
Total Other Compensation$8,526TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Membership Dues$92,125MembershipDuesAmt
Fundraising$1,864,432FundraisingAmt
Total Contributions$1,956,557TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescEvents and seminarsDesc
Business611430BusinessCd
Total Revenue Column$48,807TotalRevenueColumnAmt
Related Or Exempt Func Income$48,807RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$48,807TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$13,358TotalRevenueColumnAmt
Exclusion$13,358ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$76,889FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$1,864,432ContriRptFundraisingEventAmt
Fundraising Direct Expenses$76,889FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMiscellaneous revenueDesc
Business900099BusinessCd
Total Revenue Column$1,431TotalRevenueColumnAmt
Related Or Exempt Func Income$1,431RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$1,431OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,020,153TotalRevenueColumnAmt
Related Or Exempt Func Income$50,238RelatedOrExemptFuncIncomeAmt
Exclusion$13,358ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$155,000TotalAmt
Program Services$155,000ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$166,643TotalAmt
Program Services$41,661ProgramServicesAmt
Management And General$124,982ManagementAndGeneralAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$352,924TotalAmt
Program Services$266,291ProgramServicesAmt
Management And General$86,633ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$87,032TotalAmt
Program Services$51,584ProgramServicesAmt
Management And General$35,448ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$80TotalAmt
Management And General$80ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$67,570TotalAmt
Program Services$29,846ProgramServicesAmt
Management And General$17,719ManagementAndGeneralAmt
Fundraising$20,005FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$7,832TotalAmt
Program Services$2,882ProgramServicesAmt
Management And General$4,950ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$37,072TotalAmt
Program Services$21,973ProgramServicesAmt
Management And General$15,099ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$20,838TotalAmt
Program Services$234ProgramServicesAmt
Management And General$20,604ManagementAndGeneralAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$18,500TotalAmt
Management And General$18,500ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
Venue Rental - Centennial$50,000$50,000
Communication & Website$35,683$21,150$14,533
Indirect Leadership Expenses$27,810$27,810
Venue Rental$15,735$15,735

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$1,372TotalAmt
Program Services$39ProgramServicesAmt
Management And General$1,333ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,044,091TotalAmt
Program Services$656,395ProgramServicesAmt
Management And General$339,881ManagementAndGeneralAmt
Fundraising$47,815FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$422,120BOYAmt
EOY$172,350EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$597,755BOYAmt
EOY$100,947EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$6,000BOYAmt
EOY$6,000EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$124,086BOYAmt
EOY$73,221EOYAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$2,148,200BOYAmt
EOY$2,141,868EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,298,161BOYAmt
EOY$2,494,386EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$48,114BOYAmt
EOY$52,247EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$44,184BOYAmt
EOY$41,184EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,773,235BOYAmt
EOY$11,875EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,865,533BOYAmt
EOY$105,306EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,432,628BOYAmt
EOY$2,389,080EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,432,628BOYAmt
EOY$2,389,080EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,298,161BOYAmt
EOY$2,494,386EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$976,062ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$19,610NetUnrlzdGainsLossesInvstAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,058,479CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,067,037CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$143,126CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$123,957CurrentTaxYearMinus1YearAmt
Current Tax Year$1,956,557CurrentTaxYearAmt
Total$5,349,156TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,058,479CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,067,037CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$143,126CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$123,957CurrentTaxYearMinus1YearAmt
Current Tax Year$1,956,557CurrentTaxYearAmt
Total$5,349,156TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$105,900SubstantialContributorsTotAmt
Public Support Total170$5,243,256PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$19,291CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$37,005CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$40,278CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$11,814CurrentTaxYearMinus1YearAmt
Current Tax Year$13,358CurrentTaxYearAmt
Total$121,746TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$1,662CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$775CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,745CurrentTaxYearMinus1YearAmt
Current Tax Year$1,431CurrentTaxYearAmt
Total$6,613TotalAmt
FieldValueIRS element (for citing)
Total Support$5,477,515TotalSupportAmt
Gross Receipts Rltd Activities$463,100GrossReceiptsRltdActivitiesAmt
Public Support CY1700.95720PublicSupportCY170Pct
Public Support PY1700.94330PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescConditional contributionsDesc
Amt$11,875Amt
FieldValueIRS element (for citing)
Total Liability$11,875TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$2,000,463TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$19,610NetUnrealizedGainsInvstAmt
Revenue Not Reported-$19,610RevenueNotReportedAmt
Revenue Subtotal$2,020,073RevenueSubtotalAmt
Investment Expenses Not Incld$80InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$80RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$2,020,153TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,044,011TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$1,044,011ExpensesSubtotalAmt
Investment Expenses Not Incld2$80InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$80ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$1,044,091TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart X : FIN48 FootnoteFormAndLineReferenceDesc
ExplanationThe HBSCNY does not believe its separate financial statements include any material, uncertain tax positions. Tax filings for periods ending June 30, 2018 and later are subject to examination by applicable taxing authorities.ExplanationTxt

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Special Fundraising EventsYes (X)SpecialFundraisingEventsInd
Agrmt Prof Fundraising ActyYes (true)AgrmtProfFundraisingActyInd

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1Leadership DinnerEvent1Nm
Gross Receipts Event1$1,941,321GrossReceiptsEvent1Amt
Charitable Contri Event1$1,864,432CharitableContriEvent1Amt
Gross Revenue Event1$76,889GrossRevenueEvent1Amt
Other Direct Expenses Event1$76,889OtherDirectExpensesEvent1Amt
Gross Receipts Total$1,941,321GrossReceiptsTotalAmt
Charitable Contributions Tot$1,864,432CharitableContributionsTotAmt
Gross Revenue Total Events$76,889GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events$76,889OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$76,889DirectExpenseSummaryEventsAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Recipient Table RecipientTable (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxt
President & Fellows - Harvard
1033 Mass AveCambridgeMA02138042103580$140,000$0Scholarship
Steept Cocktails Inc
10 Sullivan Street Apt 2cNew YorkNY10012842293567$10,000$0Grant
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Total Other Org1TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceGrantmaker's Description of How Grants are UsedFormAndLineReferenceDesc
ExplanationHBSCNY provides a grant to the winner of the New Venture Competition that is judged by HBSCNY. In addition, the board allocates funds each year to give to various fellowships and scholarships at Harvard Business School. The determination of the allocation of this amount is done based on conversations with the HBS development department.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Line 11b: Form 990 Review ProcessForm 990 is reviewed by the Audit Committee which consists of Board members. Once approved the committee, it is presented to the Board at a quarterly meeting.
Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of ConflictsThe policy must be signed annually by the Board and Officers and if there is a conflict, a statement must be included. It is the responsibility of the Executive Director to make sure the documents are signed by each Board member and Officer and returned.
Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top ManagementFor the ED, a search committee was established where comparability data for salary and benefits was researched. The data was then presented to the Board for their approval.
Form 990, Part VI, Line 19: Other Organization Documents Publicly AvailableMade available upon request.

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