HARVARD BUSINESS SCHOOL CLUB OF NEW YORK INC: Form 990, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- HARVARD BUSINESS SCHOOL CLUB OF NEW YORK INC (EIN 13-6159699)
- Tax period
- 2019-07-01 to 2020-06-30
- Filed
- 2020-12-10
- IRS object ID
- 202013459349301126
- Schema version
- 2019v5.0
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-12-10T13:21:38-08:00 | ReturnTs |
| Tax Period End | 2020-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 134036703 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SCHALL & ASHENFARB CPAS | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 307 5th Ave 15th Floor | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10016 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2019-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 136159699 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Harvard Business School Club | BusinessNameLine1Txt |
| Business Name Line2 | of Greater New York | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | HARV | BusinessNameControlTxt |
| Phone | 3478177900 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1460 Broadway | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10036 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Ray Eason | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Signature | 2020-12-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Michael Schall | PreparerPersonNm |
| PTIN | P02024184 | PTIN |
| Phone | 2122682800 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Ray Eason | PrincipalOfficerNm |
| Gross Receipts | $291,272 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.hbscny.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1962 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | The 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 Body | 37 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 37 | VotingMembersIndependentCnt |
| Total Employee | 8 | TotalEmployeeCnt |
| Total Volunteers | 300 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $2,067,037 | PYContributionsGrantsAmt |
| CY Contributions Grants | $143,126 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $89,968 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $107,093 | CYProgramServiceRevenueAmt |
| PY Investment Income | $34,738 | PYInvestmentIncomeAmt |
| CY Investment Income | $40,278 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,662 | PYOtherRevenueAmt |
| CY Other Revenue | $775 | CYOtherRevenueAmt |
| PY Total Revenue | $2,193,405 | PYTotalRevenueAmt |
| CY Total Revenue | $291,272 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $255,000 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $145,000 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $475,866 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $608,656 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $70,000 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $21,821 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $520,983 | PYOtherExpensesAmt |
| CY Other Expenses | $401,296 | CYOtherExpensesAmt |
| PY Total Expenses | $1,321,849 | PYTotalExpensesAmt |
| CY Total Expenses | $1,154,952 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $871,556 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$863,680 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $3,136,269 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,305,597 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $63,833 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,125,981 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $3,072,436 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $2,179,616 | NetAssetsOrFundBalancesEOYAmt |
| Mission | The 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 Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $653,719 | ExpenseAmt |
| Grant | $15,000 | GrantAmt |
| Revenue | $107,093 | RevenueAmt |
| Desc | HBSC 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $130,000 | ExpenseAmt |
| Grant | $130,000 | GrantAmt |
| Desc | Contributions to Harvard Business School. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $783,719 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | false | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 6 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 8 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Form8282 Filed | 0 | Form8282FiledCnt |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | false | Form8899Filedind |
| Form1098 C Filed | false | Form1098CFiledInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 37 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 37 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (true) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | false | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Alan Hurite | PersonNm |
| Phone | 3478177900 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1460 Broadway | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10036 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (38 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|
| Eunice Suh | |||||||
| Executive Dir. | 40.00 | 0.00 | Yes (X) | $120,321 | $0 | $0 | |
| Andrew Cheskis | |||||||
| President | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| Mark Tatum | |||||||
| Chairman | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Valentino Carlotti | |||||||
| Board Member | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Todd Benson | |||||||
| Board Member | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Jessica Luterman Naeve | |||||||
| Board Member | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Kenneth Powell | |||||||
| Board Member | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Dan Biederman | |||||||
| Board Member | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Leonard Harlan | |||||||
| Board Member | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Dianna Raedle | |||||||
| Board Member | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Jacqueline Adams | |||||||
| Board Member | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Joanna Stone Herman | |||||||
| Board Member | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Lowell Robinson | |||||||
| Board Member | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Lance Stuart | |||||||
| Board Member | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Leslie Himmel | |||||||
| Board Member | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Craig Robinson | |||||||
| Board Member | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Katherine Bahamonde Monasebian | |||||||
| Board Member | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Richard Kane | |||||||
| Board Member | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Aleksi Suvanto | |||||||
| Board Member | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Bruce Bockmann | |||||||
| Board Member | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Atul Khanna | |||||||
| Board Member | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Hemali Dassani | |||||||
| Board Member | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Nancy Lane | |||||||
| Board Member | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Paul Stamas | |||||||
| Board Member | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Elisabeth Hair DeMarse | |||||||
| Board Member | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Amy Vecchione | |||||||
| Board Member | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Kal Bittianda | |||||||
| Board Member | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Bruce Marcus | |||||||
| Board Member | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Laila Worrell | |||||||
| Board Member | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Deborah Farrington | |||||||
| Board Member | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Chris Marinak | |||||||
| Board Member | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Eric Zinterhofer | |||||||
| Board Member | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Marjorie Federbush | |||||||
| Board Member | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Howard Morgan | |||||||
| Board Member | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Edward Olebe | |||||||
| Board Member | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Joel Glasky | |||||||
| Board Member | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Jacques Nordeman | |||||||
| Board Member | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Nathaniel Sutton | |||||||
| Board Member | 2.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $120,321 | TotalReportableCompFromOrgAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Membership Dues | $118,126 | MembershipDuesAmt |
| All Other Contributions | $25,000 | AllOtherContributionsAmt |
| Total Contributions | $143,126 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Events and seminars | Desc |
| Business | 611430 | BusinessCd |
| Total Revenue Column | $107,093 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $107,093 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $107,093 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $40,278 | TotalRevenueColumnAmt |
| Exclusion | $40,278 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Miscellaneous revenue | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $775 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $775 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $775 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $291,272 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $107,868 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $40,278 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $140,000 | TotalAmt |
| Program Services | $140,000 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,000 | TotalAmt |
| Program Services | $5,000 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $161,200 | TotalAmt |
| Program Services | $40,300 | ProgramServicesAmt |
| Management And General | $120,900 | ManagementAndGeneralAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $368,516 | TotalAmt |
| Program Services | $281,294 | ProgramServicesAmt |
| Management And General | $87,222 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,224 | TotalAmt |
| Program Services | $23,206 | ProgramServicesAmt |
| Management And General | $15,018 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $40,716 | TotalAmt |
| Program Services | $24,719 | ProgramServicesAmt |
| Management And General | $15,997 | ManagementAndGeneralAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,518 | TotalAmt |
| Management And General | $14,518 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $120,110 | TotalAmt |
| Program Services | $112,218 | ProgramServicesAmt |
| Management And General | $7,892 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,325 | TotalAmt |
| Program Services | $5,943 | ProgramServicesAmt |
| Management And General | $9,382 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $73,558 | TotalAmt |
| Program Services | $44,658 | ProgramServicesAmt |
| Management And General | $28,900 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,920 | TotalAmt |
| Program Services | $7,678 | ProgramServicesAmt |
| Management And General | $11,995 | ManagementAndGeneralAmt |
| Fundraising | $247 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,620 | TotalAmt |
| Management And General | $7,620 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,902 | TotalAmt |
| Management And General | $15,902 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Program expenses | $71,467 | $71,467 | ||
| Communication & Website | $22,945 | $13,930 | $9,015 | |
| Indirect Leadership Expenses | $21,574 | $21,574 | ||
| Marketing & Alumni Affairs | $10,780 | $10,764 | $16 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,577 | TotalAmt |
| Program Services | $2,542 | ProgramServicesAmt |
| Management And General | $5,035 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,154,952 | TotalAmt |
| Program Services | $783,719 | ProgramServicesAmt |
| Management And General | $349,412 | ManagementAndGeneralAmt |
| Fundraising | $21,821 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $756,005 | BOYAmt |
| EOY | $398,686 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $411,251 | BOYAmt |
| EOY | $268,495 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,000 | BOYAmt |
| EOY | $18,500 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $462,130 | EOYAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,954,013 | BOYAmt |
| EOY | $2,157,786 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,136,269 | BOYAmt |
| EOY | $3,305,597 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,173 | BOYAmt |
| EOY | $27,854 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $53,660 | BOYAmt |
| EOY | $45,458 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $1,052,669 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $63,833 | BOYAmt |
| EOY | $1,125,981 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,072,436 | BOYAmt |
| EOY | $2,179,616 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,072,436 | BOYAmt |
| EOY | $2,179,616 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,136,269 | BOYAmt |
| EOY | $3,305,597 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$863,680 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$29,140 | NetUnrlzdGainsLossesInvstAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,020,548 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,007,477 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,058,479 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,067,037 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $143,126 | CurrentTaxYearAmt |
| Total | $5,296,667 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,020,548 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,007,477 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,058,479 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,067,037 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $143,126 | CurrentTaxYearAmt |
| Total | $5,296,667 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $238,968 | SubstantialContributorsTotAmt |
| Public Support Total170 | $5,057,699 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $590 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $10,006 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $19,291 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $37,005 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $40,278 | CurrentTaxYearAmt |
| Total | $107,170 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,284 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $41,849 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus1 Year | $1,662 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $775 | CurrentTaxYearAmt |
| Total | $46,570 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $5,450,407 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $672,326 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.92790 | PublicSupportCY170Pct |
| Public Support PY170 | 0.94370 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Conditional contributions | Desc |
| Amt | $1,052,669 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,052,669 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $262,132 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$29,140 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | -$29,140 | RevenueNotReportedAmt |
| Revenue Subtotal | $291,272 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $291,272 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $1,154,952 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $1,154,952 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $1,154,952 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part X : FIN48 Footnote | FormAndLineReferenceDesc |
| Explanation | The HBSCNY does not believe its separate financial statements include any material, uncertain tax positions. Tax filings for periods ending June 30, 2017 and later are subject to examination by applicable taxing authorities. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| Gablex Inc | |||||||
| 282 South 5th Street | Brooklyn | NY | 11211 | 842267754 | $10,000 | $0 | Grant |
| President & Fellows - Harvard | |||||||
| 1033 Mass Ave | Cambridge | MA | 02138 | 042103580 | $130,000 | $0 | Scholarship |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Total Other Org | 1 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Grantmaker's Description of How Grants are Used | FormAndLineReferenceDesc |
| Explanation | HBSCNY 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 (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et | Hemali Dassani and Howard Morgan work for the same company. They are both board members. |
| Form 990, Part VI, Line 11b: Form 990 Review Process | Form 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 Conflicts | The 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 Management | For 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 Available | Made available upon request. |
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