Harvard Consulting On Business And The Environment
- Assets
- $508.2k
- Revenue
- $631.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Cambridge, MA
- Founding
- Data as of
- 12/2022
- EIN
- 84-1755113
Organization Overview
Harvard Consulting On Business And The Environment, operating under the name On Business And The Environment Ltd, is located in Cambridge, MA. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. On Business And The Environment Ltd 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 12/2022, On Business And The Environment Ltd generated $631.0k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 17.8% each year . All expenses for the organization totaled $406.6k during the year ending 12/2022. 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
ORGANIZED AS AN EDUCATIONAL ORGANIZATION PROVIDING STUDENT BODY WITH A MEANS OF EXPLORING OPPORTUNITIES IN BUSINESS AND CONSULTING IN THE AREAS OF TECHNOLOGY, LIFE SCIENCES, AND SUSTAINABILITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CBE'S MEMBERS BRING A WIDE RANGE OF EXPERIENCES AND SKILLSETS TO THE TABLE, MAKING UP CASE TEAMS WITH VALUABLE EXPERTISE IN FIELDS RANGING FROM BIOTECHNOLOGY AND CLOUD COMPUTING TO WATER MANAGEMENT AND BATTERY POWER. THE CASEWORK FALLS INTO FOUR MAIN AREAS: MARKETING STRATEGY, PRODUCT AND CONSUMER RESEARCH, MARKET ENTRY, AND COMPETITIVE ANALYSIS THAT IS TAILORED TO FIT EACH CUSTOMER IN USA AND ABROAD WITH FULL USE OF HARVARD'S RESOURCES INCLUDING HARVARD BUSINESS SCHOOL'S LIBRARY, PROFESSORS, AND ALUMNI. THE DELIVERABLES ON A TYPICAL CASE INCLUDE A PRESENTATION WITH FINAL RECOMMENDATIONS ACCOMPANIED BY A DETAILED RESEARCH REPORT. HARVARD UNDERGRADUATE CBE HAS COMPLETED OVER 100 CASES TO DATE, AND THE ORGANIZATION STUDENTS' ANALYSTS HAVE GONE ON TO WORK AT TOP CONSULTING AND TECHNOLOGY FIRMS AROUND THE WORLD AFTER GRADUATING.
CBE'S MEMBERS BRING A WIDE RANGE OF EXPERIENCES AND SKILLSETS TO THE TABLE, MAKING UP CASE TEAMS WITH VALUABLE EXPERTISE IN FIELDS RANGING FROM BIOTECHNOLOGY AND CLOUD COMPUTING TO WATER MANAGEMENT AND BATTERY POWER. THE CASEWORK FALLS INTO FOUR MAIN AREAS: MARKETING STRATEGY, PRODUCT AND CONSUMER RESEARCH, MARKET ENTRY, AND COMPETITIVE ANALYSIS THAT IS TAILORED TO FIT EACH CUSTOMER WITH FULL USE OF HARVARD'S RESOURCES INCLUDING HARVARD BUSINESS SCHOOL'S LIBRARY, PROFESSORS, AND ALUMNI. THE DELIVERABLES ON A TYPICAL CASE INCLUDE A PRESENTATION WITH FINAL RECOMMENDATIONS ACCOMPANIED BY A DETAILED RESEARCH REPORT. HARVARD UNDERGRADUATE CBE HAS COMPLETED OVER 100 CASES TO DATE, AND THE ORGANIZATION STUDENTS' ANALYSTS HAVE GONE ON TO WORK AT TOP CONSULTING AND TECHNOLOGY FIRMS AROUND THE WORLD AFTER GRADUATING. CONTRIBUTED SERVICES FROM VOLUNTEERS' STUDENTS AND STUDENTS BOARD MEMBERS ARE RECOGNIZED IN THE ACCOMPANYING FINANCIAL STATEMENTS WHEN THEY DO MEET THE ABOVE CRITERIA FOR RECOGNITION. DURING THE YEAR ENDED DECEMBER 31, 2022, THE ORGANIZATION REPORTED IN-KIND DONATIONS FROM STUDENTS AND BOARD MEMBERS FOR CASE RESEARCH AND ANALYSIS OR CONTRIBUTED SERVICES IN THE AMOUNT OF 566,400. THERE ARE 118 STUDENTS, EACH OF WHOM ARE AN ANALYST, ASSOCIATE, CASE TEAM LEADER, AND BOARD MEMBERS, AVERAGING 8-9 HOURS A WEEK DURING THE SCHOOL YEAR.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Enio Andoni Board Member | OfficerTrustee | 10 | $0 |
Arda Cataltepe Board Member | OfficerTrustee | 10 | $0 |
Haemaru Chung Board Member | OfficerTrustee | 10 | $0 |
Haemaru Chung Board Member | OfficerTrustee | 10 | $0 |
Alex Dang Executive Di | OfficerTrustee | 10 | $0 |
Dan Ennis Board Member | OfficerTrustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,000 |
| Total Program Service Revenue | $619,966 |
| Investment income | $1,042 |
| 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 | $631,008 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $127,179 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $17,398 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,145 |
| Office expenses | $202 |
| Information technology | $6,999 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,539 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $150,832 |
| Interest | $72 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $881 |
| All other expenses | $0 |
| Total functional expenses | $406,569 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $268,007 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $187,500 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $50,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,702 |
| 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 | $508,209 |
| Accounts payable and accrued expenses | $24,000 |
| 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 | $0 |
| Total liabilities | $24,000 |
| Net assets without donor restrictions | $484,209 |
| Net assets with donor restrictions | $0 |
| 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 | $508,209 |