Harvard Student Agencies Inc is located in Cambridge, MA. The organization was established in 1959. As of 01/2022, Harvard Student Agencies Inc employed 417 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Harvard Student Agencies Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 01/2022, Harvard Student Agencies Inc generated $3.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $1.7m during the year ending 01/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO CONDUCT BUSINESS ENTERPRISES FOR THE BENEFIT OF STUDENTS OF HARVARD UNIVERSITY WHO ARE IN NEED OF FINANCIAL ASSISTANCE TO DEFRAY THE EXPENSES OF THEIR EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTSDISTRIBUTION SERVICES AGENCY: REVENUE 4,210, EXPENSES 1,900CLEANERS AGENCY: REVENUE 557,063, EXPENSES 449,475STUDENT RESOURCES AGENCY: REVENUE 11,795, EXPENSES 23,112NEW INITIATIVES AGENCY: REVENUE 1847,927, EXPENSES 3,449HSA STUDIO 67 (FKA MARKETING AGENCY): REVENUE 44,750, EXPENSES 10,645HSA CENTER FOR ENTERPRISE AGENCY: REVENUE 0, EXPENSES 238TUTORING AGENCY: REVENUE 278,169, EXPENSES 229,673ACADEMY AGENCY: REVENUE 606,963, EXPENSES 253,069DEVELOPMENT AGENCY: REVENUE 170,117, EXPENSES 187,813CAMPUS INSIGHTS: REVENUE 138,515, EXPENSES 81,965TOTALS: REVENUE 1,813,429, EXPENSES 1,241,339
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James Mckellar General Mgr/ceo | OfficerTrustee | 40 | $87,228 |
Fabienne Devaris Director Of Finance | Officer | 40 | $55,791 |
Connor Brown Vice President | Officer | 10 | $13,420 |
George Guarnieri President | Officer | 10 | $12,563 |
George Christodoulo Director | Trustee | 0.5 | $0 |
Austn Kwoun Director | Trustee | 0.5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $118,509 |
All other contributions, gifts, grants, and similar amounts not included above | $1,194,068 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,312,577 |
Total Program Service Revenue | $1,813,429 |
Investment income | $15,573 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | -$121,239 |
Net Gain/Loss on Asset Sales | -$8,100 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,557,947 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $209,377 |
Compensation of current officers, directors, key employees. | $209,377 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $652,563 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $4,453 |
Fees for services: Management | $0 |
Fees for services: Legal | $2,181 |
Fees for services: Accounting | $7,670 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $78,906 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $87,180 |
Travel | $381 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $13,744 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $47,714 |
Insurance | $23,997 |
All other expenses | $159,591 |
Total functional expenses | $1,721,471 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $522,003 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $5,250,259 |
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 | $413,598 |
Net Land, buildings, and equipment | $3,274,621 |
Investments—publicly traded securities | $1,297,987 |
Investments—other securities | $53,805 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $10,812,273 |
Accounts payable and accrued expenses | $218,665 |
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 | $529,962 |
Total liabilities | $748,627 |
Net assets without donor restrictions | $9,901,479 |
Net assets with donor restrictions | $162,167 |
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 | $10,812,273 |
Over the last fiscal year, we have identified 3 grants that Harvard Student Agencies Inc has recieved totaling $65,000.
Awarding Organization | Amount |
---|---|
Vanguard Charitable Endowment Program Southeastern, PA PURPOSE: FOR RECIPIENT'S EXEMPT PURPOSE | $50,000 |
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $10,000 |
T Rowe Price Program For Charitable Giving Inc Baltimore, MD PURPOSE: GENERAL OPERATING | $5,000 |
Organization Name | Assets | Revenue |
---|---|---|
New Foundations Charter School Marlton, NJ | $17,967,778 | $23,202,828 |
Executive Education Academy Charter School Allentown, PA | $63,584,076 | $23,169,797 |
Central Catholic High School Inc Lawrence, MA | $53,774,234 | $20,404,394 |
Foundation Academy Charter School Trenton, NJ | $16,120,573 | $21,345,321 |
Albany Academy Albany, NY | $58,726,077 | $27,181,105 |
Variety Child Learning Center Syosset, NY | $8,356,973 | $21,867,725 |
Elisabeth Morrow School Englewood, NJ | $43,835,854 | $20,290,882 |
Village Community School New York, NY | $70,966,980 | $22,510,782 |
American Dairy Assn & Dairy Council Of Ny Inc Empire Building North Syracuse, NY | $7,719,519 | $19,494,429 |
Nashoba Learning Group Inc Bedford, MA | $17,818,775 | $20,934,730 |
Yeshiva Ktana Of Passaic Passaic, NJ | $33,764,196 | $20,538,079 |
John A Coleman School Yonkers, NY | $5,649,439 | $19,245,814 |