Harvard Business School Association Of Northern California Inc
- Assets
- $719.7k
- Revenue
- $243.4k
- Investments
- $0.0
- Employees
- 4
- Location
- Menlo Park, CA
- Founding
- 01/1975
- Data as of
- 06/2023
- EIN
- 23-7184723
Organization Overview
Harvard Business School Association Of Northern California Inc is located in Menlo Park, CA. The organization was established in 1975. According to its NTEE Classification (B84) the organization is classified as: Alumni Associations, under the broad grouping of Education and related organizations. As of 06/2023, Harvard Business School Association Of Northern California Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Harvard Business School Association Of Northern California 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 06/2023, Harvard Business School Association Of Northern California Inc generated $243.4k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $282.6k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (5.3%) per year over the past 8 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
SPONSORED OVER 75 PROFESSIONAL DEVELOPMENT EVENTS. PROMOTED CAREER DEVELOPMENT AND ENRICHMENT ACTIVITIES FOR MEMBERS. SPONSORED OVER 20 COMMUNITY PARTNERS PROJECTS AND GAVE COMMUNITY PARTNERS FELLOWSHIP DONATIONS TO SUPPORT ATTENDANCE AT HARVARD BUSINESS SCHOOL EXECUTIVE EDUCATION FOR NORTHERN CALIFORNIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BAY AREA PROGRAMS: EDUCATIONAL PROGRAMS FOR MEMBERS IN THE BAY AREA.
NEW VENTURE COMPETITION: PARTNERSHIP WITH HARVARD BUSINESS SCHOOL TO SOLICIT NEW VENTURES INITIATIVE THROUGH THE BUSINESS PLAN WRITING COMPETITION.
COMMUNITY PARTNERS: THIS PROGRAM OFFERS THE COMMUNITY PARTNERS PRO BONO CONSULTING PROGRAM THAT PROVIDES ALUMNI THE OPPORTUNITIES TO WORK WITH BAY AREA NON-PROFIT ORGANIZATIONS ON CHALLENGING AND WORTHWHILE BUSINESS PROJECTS. IT ALSO MENTORS YOUTH COMPETING IN BUSINESS PLAN COMPETITIONS, VOLUNTEER IN SAN FRANCISCO PUBLIC SHCOOL AND PARTICIPATE IN ONE-DAY EVENTS. IT ALSO OFFERS SCHOLARSHIPS TO NON-PROFIT LEADERS AROUND BAY AREA TO ATTEND THE EXECUTIVE EDUCATION PROGRAM IN NON-PROFIT MANAGEMENT IN BOSTON IN JULY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maya Krish Executive Dir. | Trustee | 4 | $49,725 |
Sangita Shah Administrator | 0 | $43,262 | |
Nilan Patel Administrator | 0 | $10,600 | |
Lulu Curiel Executive Dir. | Trustee | 4 | $8,750 |
Chun Pan Vice President | Trustee | 4 | $0 |
Kim Vogel CFO | OfficerTrustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $78,694 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $38,355 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $117,049 |
| Total Program Service Revenue | $124,055 |
| Investment income | $2,296 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $243,400 |
| 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. | $112,337 |
| Compensation of current officers, directors, key employees. | $62,612 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,600 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $21 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,159 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,883 |
| Office expenses | $1,081 |
| Information technology | $28,242 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $537 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,214 |
| All other expenses | $1,938 |
| Total functional expenses | $282,602 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $36,022 |
| Savings and temporary cash investments | $676,959 |
| Pledges and grants receivable | $0 |
| 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 | $6,741 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $719,722 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $73,276 |
| 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 | -$499 |
| Total liabilities | $72,777 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $186,562 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $460,383 |
| Total liabilities and net assets/fund balances | $719,722 |