HARVARD VARSITY CLUB INC

EIN: 042104295 501(c)(3) Education

BOSTON, MA

Total Revenue
$1,914,111
Total Expenses
$1,593,447
Total Assets
$10,908,353
Net Assets
$10,651,064
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1955
Legal Domicile
MA
Principal Officer
ROBERT GLATZ
Phone
6174953757
Tax Period
2024-07-01 to 2025-06-30

HARVARD VARSITY CLUB INC, founded in 1955, is a community nonprofit in the Education sector that reported $1.9M in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum. The organization ran a surplus of $321K, a strong 17% operating margin.

Mission

PRESERVE THE TRADITIONS, FOSTER THE IDEALS AND ADVANCE THE INTERESTS OF HARVARD ATHLETICS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $877,117
Program Service Revenue $249,219
Investment Income $506,813
Other Revenue $280,962
TOTAL REVENUE $1,914,111

Expense Breakdown

Grants Paid $0
Salaries & Benefits $887,834
Fundraising Expenses $103,335
Program Expenses $1,325,664
Other Expenses $705,613
TOTAL EXPENSES $1,593,447

Year-over-Year Comparison

2024 2023 Change
Revenue $1,914,111 $1,542,047 +0.2%
Expenses $1,593,447 $1,508,023 +0.1%
Net Income $320,664 $34,024 +8.4%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
13
Independent Members
13
Employees
5
Volunteers
54

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
8
$0
Total Directors
13
$0
Key Employees
1
$343,668
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT E JOYCE CHAIRMAN 0.50
Officer Director
$0 $0 $0
JOHANNA N BOYNTON PRESIDENT 0.50
Officer Director
$0 $0 $0
WILLIAM J CLEARY III VICE PRESIDE 0.50
Officer Director
$0 $0 $0
SCOTT C COLLINS VICE PRESIDE 0.50
Officer Director
$0 $0 $0
CHARLOTTE R JOSLIN VICE PRESIDE 0.50
Officer Director
$0 $0 $0
JESSICA C GELMAN TREASURER 0.50
Officer Director
$0 $0 $0
TREAVOR S SCALES VICE PRESIDE 0.50
Officer Director
$0 $0 $0
MOLLY E STANSIK SECRETARY 0.50
Officer Director
$0 $0 $0
CHRISTOPHER E EGI DIRECTOR 0.50
Director
$0 $0 $0
AUTUMNE J S FRANKLIN DIRECTOR 0.50
Director
$0 $0 $0
RAISHAUN M MCGHEE DIRECTOR 0.50
Director
$0 $0 $0
MICHAEL D SMITH DIRECTOR 0.50
Director
$0 $0 $0
ELIZABETH M REILLY DIRECTOR 0.50
Director
$0 $0 $0
ROBERT GLATZ EXEC DIR 40.00
Key Emp
$298,842 $44,826 $343,668
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $1,914,111 $1,593,447 $10,908,353 $320,664
2024 $1,542,047 $1,508,023 $10,303,005 $34,024
2023 $1,667,280 $1,477,009 $9,691,316 $190,271
2022 $2,503,628 $1,687,945 $9,008,961 $815,683
2021 $1,675,798 $1,085,299 $9,359,355 $590,499
Explore More Nonprofits
→Top 100 Nonprofits in Massachusetts →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare HARVARD VARSITY CLUB INC with other nonprofits in Massachusetts and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.