Harvard Business School Interactive Inc

EIN: 043395140 501(c)(3) Education

Boston, MA

Total Revenue
$5,002,000
Total Expenses
$5,049,620
Total Assets
$6,031,012
Net Assets
$5,994,806
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
MA
Principal Officer
Richard P Melnick
Phone
6174956214
Tax Period
2024-07-01 to 2025-06-30

Harvard Business School Interactive Inc, founded in 1997, is a community nonprofit in the Education sector that reported $5.0M in total revenue in fiscal year 2024. Revenue fell 45% from the prior year — a significant decline worth monitoring.

Mission

To advance the charitable objectives of Harvard Business School, a constituent part of President and Fellows of Harvard College by developing, coordinating and conducting executive education programs.

Program Service Accomplishments

Program 1
Expenses: $4,441,304 Revenue: $5,002,000

Harvard Business School Interactive, Inc. enrolled and educated 61 participants through the executive education program in FY25.

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $5,002,000
Investment Income $0
Other Revenue $0
TOTAL REVENUE $5,002,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $4,441,304
Other Expenses $5,049,620
TOTAL EXPENSES $5,049,620

Year-over-Year Comparison

2024 2023 Change
Revenue $5,002,000 $9,033,000 -0.4%
Expenses $5,049,620 $7,315,456 -0.3%
Net Income $-47,620 $1,717,544 -1.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
3
Independent Members
N/A
Employees
N/A
Volunteers
N/A

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
3
$1,483,999
Total Directors
7
$3,736,761
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VG Narayanan Chairman 010.00
Director
$0 $81,391 $942,993
Ritu Karla Ex Officio Director 001.00
Director
$0 $74,375 $721,071
Luis Viceira Chairman N/A
Director
$0 $81,381 $588,698
Patrick Mullane President 030.00
Officer Director
$0 $74,218 $586,747
Richard Melnick Treasurer Clerk 010.00
Officer Director
$0 $84,373 $525,614
Nancy Dellarocco President N/A
Officer Director
$0 $72,089 $371,638
Thomas Hollister Ex Officio Director N/A
Director
$0 $0 $0
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 $5,002,000 $5,049,620 $6,031,012 $-47,620
2024 $9,033,000 $7,315,456 $6,451,052 $1,717,544
2023 $519,573 $787,794 $10,315,068 $-268,221
2022 No data No data $6,432,044 No data
2021 No data No data $6,432,044 No data
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