HARVARD BUSINESS SCHOOL CLUB OF GREATER NEW YORK INC Charity Report

Public IRS 990 nonprofit record

HARVARD BUSINESS SCHOOL CLUB OF GREATER NEW YORK INC

EIN 13-6159699 · Education (B51I)

What they do

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.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $71.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders40 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

67.67%of revenue went to mission work71.0% of expenses · Program services

3.68%of revenue went to fundraising3.9% of expenses

$95.30spent for every $100 of revenueRevenue covered expenses this year.

23.95%of revenue went to management and office costs25.1% of expenses

$2.17in assets for every $1 spent this yearSome assets cannot be spent right away.

84.7%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $180,991 for MAUREEN A FRIAR (CHIEF OF STAFF). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$1,359,753

Mission workProgram services$920,13067.67% of revenue71.0% of expenses

ManagementOffice and general costs$325,69123.95% of revenue25.1% of expenses

FundraisingAsking for donations$49,9963.68% of revenue3.9% of expenses

Revenue left after expensesReported annual surplus$63,9364.70% of revenueShown in gray on the chart

Total expenses$1,295,81795.30% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 71.0% mission · 25.1% management · 3.9% fundraisingTotal expenses: 95.30% of revenue

2023Expense mix: 66.6% mission · 27.6% management · 5.8% fundraisingTotal expenses: 88.12% of revenue

2022Expense mix: 51.3% mission · 39.7% management · 9.1% fundraisingTotal expenses: 95.67% of revenue

2021Expense mix: 62.9% mission · 32.6% management · 4.6% fundraisingTotal expenses: 51.68% of revenue

2020Expense mix: 62.2% mission · 30.7% management · 7.2% fundraisingTotal expenses: 403.15% of revenue

2019Expense mix: 67.9% mission · 30.3% management · 1.9% fundraisingTotal expenses: 396.52% of revenue

2018Expense mix: 57.5% mission · 24.5% management · 18.0% fundraisingTotal expenses: 60.26% of revenue

2017Expense mix: 57.2% mission · 30.8% management · 12.0% fundraisingTotal expenses: 96.05% of revenue

Money in and money out

Revenue$1,359,753

Expenses$1,295,817

Annual surplus $63,936 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$920,130 · 71.0% of expenses

Management and office costs$325,691 · 25.1% of expenses

Fundraising$49,996 · 3.9% of expenses

See all reported dollar amounts

Revenue$1,359,753

Expenses$1,295,817

Assets$2,810,587

Income$1,752,810

Contributions$1,152,256

Mission work (program services)$920,130

Fundraising$49,996

Grants given$1,465,000

Average grant$69,762

Management and general$325,691

Executive compensation (total)$161,200

Stocks and bonds$2,433,627

Accounting fees$16,145

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

MAUREEN A FRIARCHIEF OF STAFF · 40 hrs/week $180,991Base $174,284 · Other $6,707

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (40)

MAUREEN A FRIARCHIEF OF STAFF

MARK TATUM MBADIRECTOR

KAL BITTIANDA MBADIRECTOR

KATHERINE BAHAMONDE MONASEBIANDIRECTOR

KENNETH POWELL MBADIRECTOR

LAILA WORRELL MBABOARD CHAIR

LANCE STUART MBADIRECTOR

LEONARD HARLAN MBADIRECTOR

LESLIE HIMMEL MBADIRECTOR

LOWELL ROBINSON MBADIRECTOR

MARJORIE FEDERBUSH AMPDIRECTOR

JOEL GLASKY MBADIRECTOR

PAMELA CHAN MBADIRECTOR

PAUL STAMAS MBADIRECTOR

RICHARD KANE MBADIRECTOR

ROBERT TICHIO MBADIRECTOR

SEJAL SHAH GULATI MBADIRECTOR

TAMARA BOWENS MBADIRECTOR

TODD BENSON MBADIRECTOR

ZAMEER KASSAM MBADIRECTOR

DEPELSHA MCGRUDER MBADIRECTOR

ANAND KINI MBADIRECTOR

ANDREW CHESKIS MBADIRECTOR

ATUL KHANNA MBADIRECTOR

BRUCE MARCUS MBADIRECTOR

CALVIN MEW PMDPRESIDENT

CHRIS MARINAK MBADIRECTOR

CLARE PEETERS MBADIRECTOR

DAN BIEDERMAN MBADIRECTOR

DEBORAH FARRINGTON MBADIRECTOR

AMY VECCHIONE MBADIRECTOR

DIANNA RAEDLE MBADIRECTOR

DIONIS RODRIGUEZ MBADIRECTOR

EDWARD OLEBE MBADIRECTOR

ELISABETH HAIR DEMARSE MBADIRECTOR

HEMALI DASSANI MBADIRECTOR

HOWARD MORGAN MBADIRECTOR

JACQUELINE ADAMS MBADIRECTOR

JESSICA LUTERMAN NAEVE MBADIRECTOR

JOANNA STONE HERMAN MBADIRECTOR

About this charity

Recognized since: January 1964
Location: 1460 BROADWAY, NEW YORK, NY 10036-7329
County: New York
In care of: Ray Eason
Primary officer: Ray Eason, CFO

How to reach them

WebsiteVisit the charity’s website Emailmemberships@hbscny.org Phone(929) 596-3820

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: RLN US LLP
NTEE classification: Education (B51I)
IRS tax category: Civic and Social Organizations
Grant-giving organization: Yes