Liabilities / Assets
48th percentile
Higher debt load relative to assets than 48% of similar nonprofits.
EIN 84-1755113 • 501(c)3 • Cambridge, MA
Profile
Organized as an educational organization providing the harvard undergraduate student body with a means of exploring opportunities in business and consulting in the areas of technology, life sciences, and sustainability. In addition to fostering educational growth, harvard undergraduate cbe benefits the greater community by running various socially impactful grants as well as performing casework for non-profit and environmentally conscious companies.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
48th percentile
Higher debt load relative to assets than 48% of similar nonprofits.
Liabilities / Revenue
43rd percentile
Higher debt load relative to revenue than 43% of similar nonprofits.
Net Margin
68th percentile
Higher net margin than 68% of similar nonprofits.
Top Officer Pay
30th percentile
Higher top officer pay than 30% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
82nd percentile
Faster asset growth than 82% of similar nonprofits.
Revenue Growth
85th percentile
Faster revenue growth than 85% of similar nonprofits.
Assets
Up$779,449
Up $271,240 (+53%) from 2022
Liabilities
Up$59,610
Up $35,610 (+148%) from 2022
Net Assets
Up$719,839
Up $235,630 (+49%) from 2022
Revenue
Up$1,217,057
Up $586,049 (+93%) from 2022
Expenses
Up$981,427
Up $574,858 (+141%) from 2022
Net Income
Up$235,630
Up $11,191 (+5.0%) from 2022
Most recent year
2023 • Form 990Detailed filing. Detailed filing data is available for this year.
| Balance Sheet | Operations | |||||
|---|---|---|---|---|---|---|
| Year | Assets | Liabilities | Net Assets | Revenue | Expenses | Net Income |
| 2023Detailed filing. Detailed filing data is available for this year. | $0.78 | $0.06 | $0.72 | $1.22 | $0.98 | $0.24 |
| 2022Detailed filing. Detailed filing data is available for this year. | $0.51 | $0.02 | $0.48 | $0.63 | $0.41 | $0.22 |
| 2021Detailed filing. Detailed filing data is available for this year. | $0.28 | $0.02 | $0.27 | $0.45 | $0.21 | $0.24 |
Organized as an educational organization providing the harvard undergraduate student body with a means of exploring opportunities in business and consulting in the areas of technology, life sciences, and sustainability. In addition to fostering educational growth, harvard undergraduate cbe benefits the greater community by running various socially impactful grants as well as performing casework for non-profit and environmentally conscious companies.
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.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Accounts Receivable | $187,500 | $303,726 | ▲ $116,226 |
| Investments in Publicly Traded Securities | - | $251,273 | - |
| Cash and Non-Interest-Bearing Accounts | $268,007 | $172,365 | ▼ $95,642 |
| Other Notes and Loans Receivable, Net | $50,000 | $50,000 | → $0 |
| Prepaid Expenses and Deferred Charges | $2,702 | $2,085 | ▼ $617 |
| Total Assets | $508,209 | $779,449 | ▲ $271,240 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $24,000 | $59,610 | ▲ $35,610 |
| Total Liabilities | $24,000 | $59,610 | ▲ $35,610 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $484,209 | $719,839 | ▲ $235,630 |
| Total Net Assets Fund Balance | $484,209 | $719,839 | ▲ $235,630 |
| Total Liabilities and Net Assets / Fund Balance | $508,209 | $779,449 | ▲ $271,240 |
| Name | Title |
|---|---|
| Michelle Sun | President |
| Alex Geng | Board Member |
| Andrew Gong | Board Member |
| Brendan Franz | Board Member |
| Dan Ennis | Board Member |
| Edward Lee | Board Member |
| Erica Choe | Board Member |
| Henrik Torres | Board Member |
| Jack Cenovic | Board Member |
| Jeremy Ng | Board Member |
| Kanny Ho Fong | Board Member |
| Katherine Jackson | Board Member |
| Krishi Kishore | Board Member |
| Margaret Yin | Board Member |
| Justin Xu | Finance Dire |
| Line Item | Amount |
|---|---|
| Other Expenses | $637,749 |
| Grants and Similar Amounts Paid | $343,678 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Individuals | $343,678 | - | - | $343,678 |
| Conferences and Meetings | $287,019 | - | - | $287,019 |
| Travel | $129,638 | - | - | $129,638 |
| Office Expenses | $32,391 | $245 | - | $32,636 |
| Information Technology | $20,199 | - | - | $20,199 |
| Fees for Services Accounting | - | $17,586 | - | $17,586 |
| Insurance | $1,564 | $1,564 | - | $3,128 |
| Other Expenses | $2,123 | - | - | $2,123 |
| Interest | $270 | - | - | $270 |
| Total Functional Expenses | $962,032 | $19,395 | $0 | $981,427 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $1,564,819 |
| Expenses per Audited Statements | $981,427 |
| Total Expenses per Form 990 | $981,427 |
| Expenses Not Reported on Form 990 | $583,392 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“The finance committee and/or treasurer reviews the draft 990 prior to submission”
“Board members are required to certify their acknowledgment of the conflict of interest, confidentiality, and responsibility policy annually pursuant to their agreement to server on the board of directors.”
“The board of directors approves the executive director salary and or fringe benefits if any in conjunction with the annual / school year budget & meeting. This includes a review by independent persons and comparability data when applicable.”
“Ma attorney general website”
“UPON REQUEST”
“Organized as an educational organization providing the harvard undergraduate student body with a means of exploring opportunities in business and consulting in the areas of technology, life sciences, and sustainability. In addition to fostering educational growth, harvard undergraduate cbe benefits the greater community by running various socially impactful grants as well as performing casework for non-profit and environmentally conscious companies.”
“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 120 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 120 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 583,392. There are 100+ students, each of whom are an analyst, associate, case team leader, and board members, averaging 8-9 hours a week during the school year.”
“Students - inkind servce donation 0 inkind - students service donation 0”
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/Desc | 0 | 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 120 CASES TO DATE, AND THE ORGANIZATION STUDENTS' ANALYSTS HAVE GONE ON TO WORK AT TOP CONSULTING AND TECHNOLOGY FIRMS AROUND THE WORLD AFTER GRADUATING. |
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| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt | 3 | CHARITY - VARIOUS ORG. |
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| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 0 | FINANCIAL AID: NEED-BASED GRANT AWARDED TO ORGANIZATION'S MEMBERS TO ASSIST WITH LIVING EXPENSES BECAUSE THE AMOUNT OF TIME PUT INTO THE ORGANIZATION IS COMPARABLE TO OTHER ACTIVITIES. THE AID AMOUNT RANGES FROM 1400 - 3,000 ANNUALLY. |
| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 1 | DONATION AND FOUNDATON SCHLORSHIP FUND: 05/28/2023 ACTION AGAINST HUNGER 1,030 05/29/2023 AMERICAN CANCER SOCIETY 158 08/17/2023 AMERICAN KIDNEY FUND 400 02/14/2023 AMERICAN RED CROSS 1,000 05/28/2023 DOCTORS WITHOUT BORDERS 1,150 02/14/2023 GIVENGAIN TUFTSMEDICAL 1,050 02/25/2023 JIMMY FUND 17,510 02/25/2023 JIMMY FUND 2,575 06/29/2023 JIMMY FUND 2,575 10/23/2023 RACE FOR RESEARCH FOUNDATION 200 02/14/2023 LIGHTHOUSE FOR THE BLIND AND VISUALLY IMPAIRED 1,050 02/14/2023 MASS GENERAL DEVELOPMENT HOSPITAL 17,000 02/14/2023 MASS GENERAL DEVELOPMENT HOSPITAL 2,500 06/29/2023 MASS GENERAL DEVELOPMENT HOSPITAL 2,500 05/28/2023 PARKINSON'S FOUNDATION 150 02/14/2023 PARTNERS IN HEALTH 1,046 02/14/2023 SCHOLARSHIPAMERICA - ARDA CATALTEPE AWARD. 1,000 03/21/2023 SISTERS OF PERPETUAL INDULGENCE 20,000 05/30/2023 ST JUDE INTERNET DNTN 153 03/11/2023 TURKISH PHILANTHROPY FUNDS 20,000 05/30/2023 UNICEF USA 158 02/21/2023 UASPIRE, INC., COLLEGE SCHOLARSHIP DONATION 33,600 06/13/2023 GREENEARTH HERITAGE FOUNDATION 1,000 10/03/2023 MYSTIC RIVER WATERSHED ASSOCIATION 1,000 05/30/2023 SUSTAINABILITY GRANT 2,000 07/10/2023 THE RAIZ FOUNDATION 1,545 02/02/2023 TANA GROUP INC. 5,000 04/20/2023 NAV AGARWAL SUSTAINABILITY 2,000 FINANCIAL AID: NAME/EMAIL/ADDRESS/PAYMENT AMOUNT: ABIGAIL [email protected] BRITANNIA DRIVE, SAN RAMON, CA 94582 2,800 ANDREW JOSEPH [email protected] PINEY LANE, JACKSONVILLE, NC 28540 700 THERESA [email protected] SAN JUAN STREET, BOSTON, MA 02118 2,800 KATE DE [email protected] WHITE CONY CIRCLE, WEST VALLEY CIRCLE, UT 84128 1,400 GABRIEL FELIPE GERIG [email protected] ORANGE RD, WEST PALM BEACH, FL 33413 1,400 HAMZEH BASEEM [email protected] CORTINA DR, EL PASO, TX 79912 1,900 TSION [email protected] S 234TH ST, DES MOINES, WA 98198 2,800 IRIS [email protected] OLD IRONSIDES WAY APT D, BOSTON, MA 02129 2,800 WALEED [email protected] GREG DRIVE SW, LILBURN, GA 30047 1,400 STEVEN [email protected] GENEVA CT, MIAMI, FL 33166 1,400 KANNY HO [email protected] 188TH ST, FRESH MEADOWS, NY 11365 3,800 THU ANH [email protected] TURTLE CREEK BLVD, OXFORD, MS 38655 2,800 RACHEL SUHIN [email protected] HETEBRINK ST, FULLERTON CA 92833 3,300 YONGJOO [email protected] 168TH ST SW APT 1, LYNNWOOD, WA 98037 2,800 RADVILAS [email protected]. DONELAICIO G. 14-12, VILNIUS, VILNIAUS M., LT-03102, LITHUANIA 2,800 LESLIE [email protected] TRAVERS DRIVE, MORENO VALLEY, CA 92443 1,400 SMIN JESSIE [email protected] SADDLETREE DRIVE, TORONTO, ON M2H3L2, CANADA 1,400 THE XUAN [email protected] LINNAEAN STREET, 445 CURRIER MAIL CTR, CAMBRIDGE, MA 02138 3,300 NAYELI [email protected] ERICA LN, SANDWICH, IL 60548 2,800 TORY WILLIAMS [email protected] HULDA AVENUE, CLEVELAND, OH 44104 1,400 JONATHAN [email protected] EAST 19TH STREET, KANSAS CITY, MS 64108 1,400 PETER THEAVY [email protected] RUSTIC HOLLOW, STRONGSVILLE, OH 44136 2,800 YAOQUAN [email protected] LAWRENCE AVE, SAN FRANCISCO, CA 94112 1,900 BRENDAN [email protected] BLUE RIDGE CIR, CLARKSTON, MI 48348 3,800 ERICA [email protected] KAUFER LANE, FORT LEE, NJ 07024 3,800 LYDIA [email protected] MANITO AVE, OAKLAND, NJ 07436 3,300 YI JUN [email protected] NORTH PARK ROAD SUITE 1406, THORNHILL, ONTARIO, L4J 0G7, CANADA 1,900 EUNICE SOOJUNG [email protected] FERNBURY ST., CYPRESS, CA 096302,800 ENIO [email protected] ALLEYNE STREET, WEST ROXBURY, MA 02132 1,900 CHARLOTTE DUESIN |
| IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE I, PAGE 1, PART I, LINE 2 |
| IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | SCHEDULE I, PAGE 4, PART IV |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | ORGANIZED AS AN EDUCATIONAL ORGANIZATION PROVIDING THE HARVARD UNDERGRADUATE STUDENT BODY WITH A MEANS OF EXPLORING OPPORTUNITIES IN BUSINESS AND CONSULTING IN THE AREAS OF TECHNOLOGY, LIFE SCIENCES, AND SUSTAINABILITY. IN ADDITION TO FOSTERING EDUCATIONAL GROWTH, HARVARD UNDERGRADUATE CBE BENEFITS THE GREATER COMMUNITY BY RUNNING VARIOUS SOCIALLY IMPACTFUL GRANTS AS WELL AS PERFORMING CASEWORK FOR NON-PROFIT AND ENVIRONMENTALLY CONSCIOUS COMPANIES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | 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 120 CASES TO DATE, AND THE ORGANIZATION STUDENTS' ANALYSTS HAVE GONE ON TO WORK AT TOP CONSULTING AND TECHNOLOGY FIRMS AROUND THE WORLD AFTER GRADUATING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | 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 120 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 583,392. THERE ARE 100+ STUDENTS, EACH OF WHOM ARE AN ANALYST, ASSOCIATE, CASE TEAM LEADER, AND BOARD MEMBERS, AVERAGING 8-9 HOURS A WEEK DURING THE SCHOOL YEAR. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE FINANCE COMMITTEE AND/OR TREASURER REVIEWS THE DRAFT 990 PRIOR TO SUBMISSION |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | BOARD MEMBERS ARE REQUIRED TO CERTIFY THEIR ACKNOWLEDGMENT OF THE CONFLICT OF INTEREST, CONFIDENTIALITY, AND RESPONSIBILITY POLICY ANNUALLY PURSUANT TO THEIR AGREEMENT TO SERVER ON THE BOARD OF DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE BOARD OF DIRECTORS APPROVES THE EXECUTIVE DIRECTOR SALARY AND OR FRINGE BENEFITS IF ANY IN CONJUNCTION WITH THE ANNUAL / SCHOOL YEAR BUDGET & MEETING. THIS INCLUDES A REVIEW BY INDEPENDENT PERSONS AND COMPARABILITY DATA WHEN APPLICABLE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | MA ATTORNEY GENERAL WEBSITE |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | UPON REQUEST |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | STUDENTS - INKIND SERVCE DONATION 0 INKIND - STUDENTS SERVICE DONATION 0 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 2, PART III, LINE 4A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 2, PART III, LINE 4D |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PAGE 6, PART VI, LINE 18 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | FORM 990, PART XI, LINE 9 |
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