Harlem Educational Activities Fund Inc
- Assets
- $5.3m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 45
- Location
- New York, NY
- Founding
- 08/2000
- Data as of
- 06/2024
- EIN
- 13-3568672
Organization Overview
Harlem Educational Activities Fund Inc is located in New York, NY. The organization was established in 2000. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. As of 06/2024, Harlem Educational Activities Fund Inc employed 45 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Harlem Educational Activities Fund 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 06/2024, Harlem Educational Activities Fund Inc generated $2.9m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $3.6m during the year ending 06/2024. While expenses have increased by 4.3% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE HARLEM EDUCATIONAL ACTIVITIES FUND (HEAF) CHANGES THE LIVES OF YOUNG PEOPLE BEGINNING IN MIDDLE SCHOOL AND CONTINUING IN COLLEGE AND BEYOND THROUGH A YOUTH DEVELOPMENT APPROACH THAT INCLUDES RIGOROUS YEAR-ROUND ACADEMIC ENRICHMENT, SOCIAL AND CULTURAL EXPOSURE AND CONSTANT INDIVIDUAL ATTENTION. HEAF IS COMMITTED TO CREATING EQUAL OPPORTUNITIES AND EQUAL CHANCES FOR OUR SCHOLARS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEAF'S HIGH SCHOOL PROGRAMMING, COLLEGE QUEST OFFERS A WEALTH OF ENGAGING EDUCATIONAL EXPERIENCES TO OUR STUDENTS. IN ADDITION TO ACADEMIC ENRICHMENT, STUDENTS TAKE PART IN CULTURAL EXPERIENCES, A STEAM CLASS, OPPORTUNITIES FOR EXPOSURE TO CAREER PATHS AND TRAVEL THROUGH LEARNING FOR SOCIAL AND GLOBAL IMPACT. HIGH SCHOOL SENIORS ALSO PREPARED FOR THE SAT AND COLLEGE APPLICATIONS. HEAF ALSO SUPPORTS STUDENTS AS THEY TRANSITION TO COLLEGE. PROGRAMMING RUNS AFTER SCHOOL 4 DAYS EACH WEEK AND FOR SEVERAL WEEKS DURING THE SUMMER.
ORGANIZATIONAL ACTIVITIES-PROFESSIONAL STAFF MUST MODEL A HIGH STANDARD OF EXCELLENCE, RESPONSIBILITY IN THEIR INTERACTIONS WITH STUDENTS, FAMILIES, AND COLLEAGUES. COLLABORATIVE PARTNERSHIPS WITH FAMILIES ARE INTEGRAL TO STUDENT SUCCESS. IN ADDITION TO PROFESSIONAL DEVELOPMENT OF OUR STAFF, ORGANIZATIONAL ACTIVITIES, INCLUDE GENERAL ACTIVITIES SUPPORTING COMMUNICATIONS, ALUMNI AND VOLUNTEER INITIATIVES.
HEAF'S MIDDLE SCHOOL PROGRAMMING, HIGH EXPECTATIONS, PROVIDES EXPERIENTIAL LEARNING, INSTRUCTION IN MATH AND ELA, AND PREPARES STUDENTS FOR THE COMPETITIVE NYC HIGH SCHOOL ADMISSIONS PROCESS. PROGRAMMING RUNS AFTER SCHOOL 4 DAYS EACH WEEK AND FOR SEVERAL WEEKS DURING THE SUMMER.
HEAF'S YOUTH DEVELOPMENT PROGRAM TRANSCENDS THE IDEA OF A TRADITIONAL ACADEMIC CLASSROOM AND IS INSTEAD A SPACE THAT RECOGNIZES THE STUDENT AS THE EXPERT OF THEIR OWN EXPERIENCE AND PROMOTES THE SHARING OF ONE'S THOUGHTS, FEELINGS, AND IDEAS. THE PROGRAM OFFERS OPPORTUNITIES FOR LEADERSHIP DEVELOPMENT, CHARACTER BUILDING, CAREER EXPLORATION, AND SERVICE-LEARNING ACTIVITIES. ALL STUDENTS IN OUR MIDDLE AND HIGH SCHOOL PROGRAMMING ALSO ATTENDED YOUTH DEVELOPMENT CLASSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Rose Founder And Chair Emeritus | OfficerTrustee | 0.8 | $0 |
Karla Maloof Chair | OfficerTrustee | 1.5 | $0 |
Dave Wildman Vice Chair/secretary Thru Mar 2024 | OfficerTrustee | 1.5 | $0 |
Brett Mccollough Vice Chair Thru Mar 2024 | OfficerTrustee | 1.5 | $0 |
Joseph Dimondi Treasurer | OfficerTrustee | 0.8 | $0 |
Alexandra Alger Trustee | Trustee | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,041,004 |
| Related organizations | $0 |
| Government grants | $1,554 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,968,017 |
| Noncash contributions included in lines 1a–1f | $22,620 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,010,575 |
| Total Program Service Revenue | $0 |
| Investment income | $49,453 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$34 |
| Net Income from Fundraising Events | -$167,529 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,908,617 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $25,900 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $687,717 |
| Compensation of current officers, directors, key employees. | $58,857 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,166,398 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $196,116 |
| Payroll taxes | $138,925 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $40,375 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $84,000 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $233,279 |
| Advertising and promotion | $139,200 |
| Office expenses | $76,364 |
| Information technology | $10,542 |
| Royalties | $0 |
| Occupancy | $644,778 |
| Travel | $67,468 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,013 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $30,951 |
| Insurance | $39,189 |
| All other expenses | $0 |
| Total functional expenses | $3,611,581 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $93,682 |
| Savings and temporary cash investments | $985,613 |
| Pledges and grants receivable | $928,508 |
| Accounts receivable, net | $0 |
| 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 | $131,970 |
| Net Land, buildings, and equipment | $150,230 |
| Investments—publicly traded securities | $19,496 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,010,998 |
| Total assets | $5,320,497 |
| Accounts payable and accrued expenses | $188,540 |
| 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 | $3,368,217 |
| Total liabilities | $3,556,757 |
| Net assets without donor restrictions | $870,524 |
| Net assets with donor restrictions | $893,216 |
| 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 | $5,320,497 |