Civic Intelligence

The Harvard Business School Club of Greater New York Inc

EIN 13-6159699 • 501(c)3 • New York, NY

Profile

Providing various seminars for alumni. Also offers a vehicle for many alumni to make

1460 BroadwayNew York, NY 10036

www.hbscny.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

47th percentile

0.06x

Higher debt load relative to assets than 47% of similar nonprofits.

NTEE B • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

60th percentile

0.12x

Higher debt load relative to revenue than 60% of similar nonprofits.

NTEE B • $1M-$5M nonprofits • Source year 2025

Net Margin

50th percentile

4.7%

Higher net margin than 50% of similar nonprofits.

NTEE B • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

86th percentile

$180,991

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 13.3% of source-year revenue.

NTEE B • $1M-$5M nonprofits • Source year 2025

Asset Growth

47th percentile

3.3%

Faster asset growth than 47% of similar nonprofits.

NTEE B • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

43rd percentile

4.5%

Faster revenue growth than 43% of similar nonprofits.

NTEE B • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Up

$2,810,587

Up $90,672 (+3.3%) from 2024

Liabilities

Up

$162,078

Up $26,736 (+20%) from 2024

Net Assets

Up

$2,648,509

Up $63,936 (+2.5%) from 2024

Revenue

Up

$1,359,753

Up $58,119 (+4.5%) from 2024

Expenses

Up

$1,295,817

Up $148,755 (+13%) from 2024

Net Income

Down

$63,936

Down $90,636 (-59%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0Assets 2012: $1,463,221Liabilities 2012: $70,201Net Assets 2012: $1,393,0202012Assets 2013: $1,612,146Liabilities 2013: $70,535Net Assets 2013: $1,541,6112013Assets 2014: $1,570,863Liabilities 2014: $74,607Net Assets 2014: $1,496,2562014Assets 2015: $2,056,931Liabilities 2015: $109,273Net Assets 2015: $1,947,6582015Assets 2016: $2,106,574Liabilities 2016: $92,831Net Assets 2016: $2,013,7432016Assets 2017: $2,254,498Liabilities 2017: $102,782Net Assets 2017: $2,151,7162017Assets 2018: $2,274,628Liabilities 2018: $76,015Net Assets 2018: $2,198,6132018Assets 2019: $3,136,269Liabilities 2019: $63,833Net Assets 2019: $3,072,4362019Assets 2020: $3,305,597Liabilities 2020: $1,125,981Net Assets 2020: $2,179,6162020Assets 2021: $3,298,161Liabilities 2021: $1,865,533Net Assets 2021: $1,432,6282021Assets 2022: $2,494,386Liabilities 2022: $105,306Net Assets 2022: $2,389,0802022Assets 2023: $2,525,234Liabilities 2023: $93,880Net Assets 2023: $2,431,3542023Assets 2024: $2,719,915Liabilities 2024: $135,342Net Assets 2024: $2,584,5732024Assets 2025: $2,810,587Liabilities 2025: $162,078Net Assets 2025: $2,648,5092025

Highlighted filing

2025

Assets$2,810,587
Liabilities$162,078
Net Assets$2,648,509

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2012: $903,389Expenses 2012: $454,787Net Income 2012: $448,6022012Revenue 2013: $733,291Expenses 2013: $584,700Net Income 2013: $148,5912013Revenue 2014: $831,838Expenses 2014: $867,193Net Income 2014: -$35,3552014Revenue 2015: $1,487,179Expenses 2015: $1,035,777Net Income 2015: $451,4022015Revenue 2016: $1,166,294Expenses 2016: $1,100,209Net Income 2016: $66,0852016Revenue 2017: $1,281,184Expenses 2017: $1,143,211Net Income 2017: $137,9732017Revenue 2018: $1,188,314Expenses 2018: $1,141,417Net Income 2018: $46,8972018Revenue 2019: $2,193,405Expenses 2019: $1,321,849Net Income 2019: $871,5562019Revenue 2020: $291,272Expenses 2020: $1,154,952Net Income 2020: -$863,6802020Revenue 2021: $256,021Expenses 2021: $1,032,136Net Income 2021: -$776,1152021Revenue 2022: $2,020,153Expenses 2022: $1,044,091Net Income 2022: $976,0622022Revenue 2023: $1,135,606Expenses 2023: $1,086,381Net Income 2023: $49,2252023Revenue 2024: $1,301,634Expenses 2024: $1,147,062Net Income 2024: $154,5722024Revenue 2025: $1,359,753Expenses 2025: $1,295,817Net Income 2025: $63,9362025

Highlighted filing

2025

Revenue$1,359,753
Expenses$1,295,817
Net Income$63,936

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.81$0.16$2.65$1.36$1.30$0.06
2024Summary only. Only limited summary data is available for this year.$2.72$0.14$2.58$1.30$1.15$0.15
2023Summary only. Only limited summary data is available for this year.$2.53$0.09$2.43$1.14$1.09$0.05
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.49$0.11$2.39$2.02$1.04$0.98
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.30$1.87$1.43$0.26$1.03$0.78
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.31$1.13$2.18$0.29$1.15$0.86
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.14$0.06$3.07$2.19$1.32$0.87
2018Summary only. Only limited summary data is available for this year.$2.27$0.08$2.20$1.19$1.14$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.25$0.10$2.15$1.28$1.14$0.14
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.11$0.09$2.01$1.17$1.10$0.07
2015Detailed filing. Detailed filing data is available for this year.$2.06$0.11$1.95$1.49$1.04$0.45
2014Summary only. Only limited summary data is available for this year.$1.57$0.07$1.50$0.83$0.87$0.04
2013Summary only. Only limited summary data is available for this year.$1.61$0.07$1.54$0.73$0.58$0.15
2012Summary only. Only limited summary data is available for this year.$1.46$0.07$1.39$0.90$0.45$0.45
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Nov 7, 2025
Return Version
2024v5.2
Gross Receipts
$1,752,810
Mission and Program Overview

Mission

Providing various seminars for alumni. Also offers a vehicle for many alumni to make

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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,441,683$2,433,627▼ $8,056
Savings and Temporary Cash Investments$143,064$148,511▲ $5,447
Pledges and Grants Receivable$91,051$84,300▼ $6,751
Cash and Non-Interest-Bearing Accounts$40,662$74,357▲ $33,695
Prepaid Expenses and Deferred Charges$3,455$69,792▲ $66,337
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$2,719,915$2,810,587▲ $90,672
Other Assets Total-$0-
Liabilities
Deferred Revenue$75,720$99,099▲ $23,379
Accounts Payable and Accrued Expenses$59,622$62,979▲ $3,357
Total Liabilities$135,342$162,078▲ $26,736
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,584,573$2,648,509▲ $63,936
Total Net Assets Fund Balance$2,584,573$2,648,509▲ $63,936
Total Liabilities and Net Assets / Fund Balance$2,719,915$2,810,587▲ $90,672
Compensation and Service Providers
Revenue and Support

Revenue Composition

Contributions and Grants
$1,152,256
Program Service Revenue
$91,019
Investment Income
$116,478
Other Revenue
$0
All Other Contributions
$50,001
Change in Net Assets
$63,936

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,359,753
Total Revenue per Audited Statements
$1,359,753
Total Revenue per Form 990
$1,359,753
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$689,706
Other Expenses$451,111
Grants and Similar Amounts Paid$155,000
Total Fundraising Expense$49,996
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$258,590$100,563-$359,153
Current Officers, Directors, Trustees, and Key Employees$125,484$48,800-$174,284
Grants to Domestic Orgs$155,000--$155,000
Fees for Services Other$39,565$42,813$21,819$104,197
Other Employee Benefits$68,425$26,610-$95,035
Payroll Taxes$31,241$12,149-$43,390
Occupancy$29,080$11,309-$40,389
Travel-$36,511-$36,511
Information Technology$19,202$7,467-$26,669
Pension Plan Contributions$12,848$4,996-$17,844
Insurance-$16,187-$16,187
Fees for Services Accounting$6,130$6,634$3,381$16,145
Office Expenses$828$7,197-$8,025
Other Expenses$173,737$3,871$24,796$3,871
Advertising-$584-$584
Total Functional Expenses$920,130$325,691$49,996$1,295,817

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,295,817
Total Expenses per Audited Statements$1,295,817
Total Expenses per Form 990$1,295,817
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
President & Fellows - HarvardCambridge, MA--$140,000
Krida Ai IncNew York, NY-Scholarship$10,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$393,057
Fundraising Gross Income$393,057
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$1,406,691$393,057$393,057$0
Total Events$1,406,691$393,057$393,057-
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

In accordance with the by-laws the organization has paying members.

Form 990, Part VI, Section A, Line 7B

At every meeting of the members, each member of the corporation shall have one vote. All matters coming before any meeting of the members shall be decided by a vote of a majority of the members present at such meeting, a quorum being present, except in cases where the vote of a greater number is required by statute, the certificate of incorporation or these by-laws. The vote on any matter, including the election of directors, need not be by ballot, except as otherwise required by statute.

Form 990, Part VI, Section B, Line 11B

Form 990 is reviewed by the audit committee which consists of board members. Once approved by the committee, it is shared electronically with all board members prior to filing.

Form 990, Part VI, Section B, Line 12C

The policy must be signed annually by the board and officers and if there is a conflict, a statement must be included. It is the responsibility of the executive director to make sure the documents are signed by each board member and officer and returned.

Form 990, Part VI, Section B, Line 15A

For the chief of staff position, a search committee was established to review comparability data for salary and benefits. The data was presented to the board for approval.

Form 990, Part VI, Section C, Line 19

Made available upon request.

Filing and Contact Details

Filer

Filer Name
Harvard Business School Club of Greater
EIN
13-6159699
Phone
9295963820
Address
1460 BROADWAY, NEW YORK, NY 10036

Signing Officer

Name
Ray Eason
Title
CFO
Signed
2025-11-07
Discuss with paid preparer
Yes

Organization Details

Formed
1962
Legal Domicile
Ny
Voting Board Members
39
Independent Board Members
39
Employees
8
Volunteers
300

Preparer

Firm
Rln US Llp
Address
60 E 42nd St Ste 1201, New York, NY 10165
Preparer
Roland Nezaj
Phone
2125486212
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

There were no changes to the process from the prior year.

Financial Statement Notes

Part X : FIN48 Footnote

The organization has analyzed its tax positions in accordance with ASC 740-10 and has determined that there are no uncertain tax positions as of 06/30/2025. Accordingly, no liabilities for uncertain tax positions, interest, or penalties have been recognized in the financial statements.

Raw XML AppendixShowing 400 of 757 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt302.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt312.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt322.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt332.00
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IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt352.00
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IRS990/Form990PartVIISectionAGrp/PersonNm0Maureen A Friar
IRS990/Form990PartVIISectionAGrp/PersonNm1Calvin Mew PMD
IRS990/Form990PartVIISectionAGrp/PersonNm2Deborah Farrington MBA
IRS990/Form990PartVIISectionAGrp/PersonNm3Clare Peeters MBA
IRS990/Form990PartVIISectionAGrp/PersonNm4Jacqueline Adams MBA
IRS990/Form990PartVIISectionAGrp/PersonNm5Katherine Bahamonde Monasebian
IRS990/Form990PartVIISectionAGrp/PersonNm6Todd Benson MBA
IRS990/Form990PartVIISectionAGrp/PersonNm7Dan Biederman MBA
IRS990/Form990PartVIISectionAGrp/PersonNm8Kal Bittianda MBA
IRS990/Form990PartVIISectionAGrp/PersonNm9Tamara Bowens MBA
IRS990/Form990PartVIISectionAGrp/PersonNm10Pamela Chan MBA
IRS990/Form990PartVIISectionAGrp/PersonNm11Andrew Cheskis MBA
IRS990/Form990PartVIISectionAGrp/PersonNm12Hemali Dassani MBA
IRS990/Form990PartVIISectionAGrp/PersonNm13Elisabeth Hair DeMarse MBA
IRS990/Form990PartVIISectionAGrp/PersonNm14Marjorie Federbush AMP
IRS990/Form990PartVIISectionAGrp/PersonNm15Joel Glasky MBA
IRS990/Form990PartVIISectionAGrp/PersonNm16Sejal Shah Gulati MBA
IRS990/Form990PartVIISectionAGrp/PersonNm17Leonard Harlan MBA
IRS990/Form990PartVIISectionAGrp/PersonNm18Joanna Stone Herman MBA
IRS990/Form990PartVIISectionAGrp/PersonNm19Leslie Himmel MBA
IRS990/Form990PartVIISectionAGrp/PersonNm20Richard Kane MBA
IRS990/Form990PartVIISectionAGrp/PersonNm21Zameer Kassam MBA
IRS990/Form990PartVIISectionAGrp/PersonNm22Atul Khanna MBA
IRS990/Form990PartVIISectionAGrp/PersonNm23Anand Kini MBA
IRS990/Form990PartVIISectionAGrp/PersonNm24Bruce Marcus MBA
IRS990/Form990PartVIISectionAGrp/PersonNm25Depelsha McGruder MBA
IRS990/Form990PartVIISectionAGrp/PersonNm26Chris Marinak MBA
IRS990/Form990PartVIISectionAGrp/PersonNm27Howard Morgan MBA
IRS990/Form990PartVIISectionAGrp/PersonNm28Jessica Luterman Naeve MBA
IRS990/Form990PartVIISectionAGrp/PersonNm29Edward Olebe MBA
IRS990/Form990PartVIISectionAGrp/PersonNm30Kenneth Powell MBA
IRS990/Form990PartVIISectionAGrp/PersonNm31Dianna Raedle MBA
IRS990/Form990PartVIISectionAGrp/PersonNm32Lowell Robinson MBA
IRS990/Form990PartVIISectionAGrp/PersonNm33Dionis Rodriguez MBA
IRS990/Form990PartVIISectionAGrp/PersonNm34Paul Stamas MBA
IRS990/Form990PartVIISectionAGrp/PersonNm35Lance Stuart MBA
IRS990/Form990PartVIISectionAGrp/PersonNm36Mark Tatum MBA
IRS990/Form990PartVIISectionAGrp/PersonNm37Robert Tichio MBA
IRS990/Form990PartVIISectionAGrp/PersonNm38Amy Vecchione MBA
IRS990/Form990PartVIISectionAGrp/PersonNm39Laila Worrell MBA
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Chief of Staff
IRS990/Form990PartVIISectionAGrp/TitleTxt1President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
IRS990/Form990PartVIISectionAGrp/TitleTxt17Director
IRS990/Form990PartVIISectionAGrp/TitleTxt18Director
IRS990/Form990PartVIISectionAGrp/TitleTxt19Director
IRS990/Form990PartVIISectionAGrp/TitleTxt20Director
IRS990/Form990PartVIISectionAGrp/TitleTxt21Director
IRS990/Form990PartVIISectionAGrp/TitleTxt22Director
IRS990/Form990PartVIISectionAGrp/TitleTxt23Director
IRS990/Form990PartVIISectionAGrp/TitleTxt24Director

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