HARVARD BUSINESS SCHOOL STUDENT ASSOCIATION INC

EIN: 046054794 501(c)(3) Arts, Culture & Humanities

BOSTON, MA

Total Revenue
$1,116,906
Total Expenses
$1,066,247
Total Assets
$1,145,952
Net Assets
$1,064,108
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1949
Legal Domicile
MA
Principal Officer
BENJAMIN RUBIN
Phone
6174953522
Tax Period
2024-06-01 to 2025-05-31

HARVARD BUSINESS SCHOOL STUDENT ASSOCIATION INC, founded in 1949, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.1M in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. Expenses of $1.1M left a modest 5% surplus.

Mission

THE HARVARD BUSINESS SCHOOL STUDENT ASSOCIATION'S (HBSSA) MISSION IS TO ACTIVELY ENRICH AND BROADEN THE EXPERIENCE OF THE STUDENT COMMUNITY AT THE HARVARD BUSINESS SCHOOL BOTH IN AND OUT OF THE CLASSROOM. THE HBSSA IS INVOLVED WITH IMPLEMENTING MBA PROGRAM ENHANCEMENTS OR OTHER INITIATIVES THAT IMPROVE THE STUDENT EXPERIENCE AND PROMOTE CAMARADERIE VIA ORIENTATION, ATHLETIC, SOCIAL, AND CLASS DAY ACTIVITIES. THE HBSSA ALSO OPERATES A BOOKSTORE AND CONCESSIONS FOR THE STUDENTS ON CAMPUS.

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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 $562,538
Program Service Revenue $399,352
Investment Income $43,473
Other Revenue $111,543
TOTAL REVENUE $1,116,906

Expense Breakdown

Grants Paid $0
Salaries & Benefits $98,933
Fundraising Expenses $0
Program Expenses $938,500
Other Expenses $967,314
TOTAL EXPENSES $1,066,247

Year-over-Year Comparison

2024 2023 Change
Revenue $1,116,906 $1,200,594 -0.1%
Expenses $1,066,247 $1,172,543 -0.1%
Net Income $50,659 $28,051 +0.8%
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

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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
22
Independent Members
22
Employees
2
Volunteers
58

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
32
$0
Total Directors
25
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HAYDEN KANOA TANABE CO-PRESIDENT THRU 04/2025 10.0
Officer Director
$0 $0 $0
LEIGH TAYLOR WALDEN CO-PRESIDENT THRU 04/2025 10.0
Officer Director
$0 $0 $0
CAMILLE CHAPMAN DAWSON CO-PRESIDENT AS OF 04/2025 10.0
Officer Director
$0 $0 $0
SABINE MARIE NAU CO-PRESIDENT AS OF 04/2025 10.0
Officer Director
$0 $0 $0
ADAM NATHAN SHIMER SENATOR 3.5
Director
$0 $0 $0
ASHKA STEPHEN SENATOR 3.5
Director
$0 $0 $0
CARMEN JOHN RIAZZI SENATOR 3.5
Director
$0 $0 $0
JANE MONICA BACHKORA SENATOR 3.5
Director
$0 $0 $0
JORDAN DAVID THOMAS HEAD SEN THEN SEN AT 04/2025 10.0
Director
$0 $0 $0
KIRT MATTHEWS JR SENATOR 3.5
Director
$0 $0 $0
PRESTON CONNELLY SMITH SENATOR 3.5
Director
$0 $0 $0
SHEFALI SHASTRY SEN THEN HEAD SEN AT 04/2025 10.0
Director
$0 $0 $0
TIAN FANG SENATOR 3.5
Director
$0 $0 $0
TIEN SINH VO SENATOR 3.5
Director
$0 $0 $0
VISHAL BHAT SENATOR 3.5
Director
$0 $0 $0
YOUSSEF ABOUELNOUR SENATOR AS OF 04/2025 3.5
Director
$0 $0 $0
ANTHONY ELIE WANNA SENATOR AS OF 10/2024 3.5
Director
$0 $0 $0
AUSTIN LAMAAR MOORE SENATOR AS OF 10/2024 3.5
Director
$0 $0 $0
BAILEY CARROLL SULLIVAN SENATOR AS OF 10/2024 3.5
Director
$0 $0 $0
BRIAN WELDON RATH SENATOR AS OF 10/2024 3.5
Director
$0 $0 $0
HARPER SUTHERLAND WHITE SENATOR AS OF 10/2024 3.5
Director
$0 $0 $0
JESS WILLIAMS SENATOR AS OF 10/2024 3.5
Director
$0 $0 $0
JULIA LEIGH FISHER SENATOR AS OF 10/2024 3.5
Director
$0 $0 $0
SRUTHI PALANIAPPAN SENATOR AS OF 10/2024 3.5
Director
$0 $0 $0
BENJAMIN HUNTER RUBIN SENATOR THEN CFO AT 04/2025 10.0
Officer Director
$0 $0 $0
SARAH SHAHID ZIA CCO THRU 04/2025 3.5
Officer
$0 $0 $0
MOLLY ELIZABETH REINER CFO THRU 04/2025 10.0
Officer
$0 $0 $0
ANA NOELLE WILTON CAO AS OF 04/2025 3.5
Officer
$0 $0 $0
PHYLLIS STRATES DOREMUS CAO THRU 04/2025 3.5
Officer
$0 $0 $0
ANNE MCLEAN PITKIN CHIEF ATH OFF. AS OF 04/2025 3.5
Officer
$0 $0 $0
PATRICIA BLUMERIS CHIEF ATH OFF. THRU 04/2025 3.5
Officer
$0 $0 $0
MARYAM KHADIJAH MUHAMMAD CHIEF CAR & ALUM OFF. 4/2025 3.5
Officer
$0 $0 $0
JING LIN LEE CHIEF CAR & ALUM THRU 4/2025 3.5
Officer
$0 $0 $0
MICHELLE YU CHIEF COMM OFF. AS OF 04/2025 3.5
Officer
$0 $0 $0
RIDDHI SANGAM CHIEF COMM OFF. AS OF 04/2025 3.5
Officer
$0 $0 $0
SOFIE CHEN YANG CHIEF DESIGN OFF AS OF 04/2025 3.5
Officer
$0 $0 $0
MADISON LEIGH GURLEY COO EVENTS OFF. THRU 04/2025 7.5
Officer
$0 $0 $0
TIMOTHY RYAN KLUSKA CHIEF FAMILY OFF. THRU 04/2025 3.5
Officer
$0 $0 $0
ALLEGRA TOMASSA MASSARO CHIEF INCLUS OFF AS OF 04/2025 3.5
Officer
$0 $0 $0
ANTHONY RYAN MARTORE CHIEF DEI OFF. THRU 04/2025 3.5
Officer
$0 $0 $0
ALBERT MOUAWAD CIO AS OF 04/2025 3.5
Officer
$0 $0 $0
JOHANN FARHAT CIO THRU 04/2025 3.5
Officer
$0 $0 $0
MARGUERITE MCCRAY JOUTZ COO AS OF 04/2025 10.0
Officer
$0 $0 $0
THALIA REY COO THRU 04/2025 10.0
Officer
$0 $0 $0
KAYLA CARPENTER WALSH CHIEF PARTNER & FAM 04/2025 3.5
Officer
$0 $0 $0
ALEXANDRA PILAR LIVINGSTONE CPO AS OF 04/2025 10.0
Officer
$0 $0 $0
ALEXANDRA VICTORIA FOOTE CPO THRU 04/2025 10.0
Officer
$0 $0 $0
FEROZE KAMAL MOHIDEEN CHIEF TECH OFF. AS OF 4/2025 3.5
Officer
$0 $0 $0
HENRY WILLIAM SNYDER CHIEF OF STAFF AS OF 04/2025 10.0
Officer
$0 $0 $0
DARREN MICHAEL BERRIGAN CHIEF OF STAFF THRU 04/2025 10.0
Officer
$0 $0 $0
ISAAC LEWIS GILLESPY GOLDSTEIN CO-COO EVENTS OFF. AT 04/2025 7.5
Officer
$0 $0 $0
VALERIA ALEXANDRA VINAS CO-COO EVENTS OFF. AT 04/2025 7.5
Officer
$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 $1,116,906 $1,066,247 $1,145,952 $50,659
2024 $1,200,594 $1,172,543 $1,058,474 $28,051
2023 $1,269,322 $1,223,956 $1,010,431 $45,366
2022 $941,327 $999,063 $996,599 $-57,736
2021 $176,030 $268,495 $1,121,479 $-92,465
2020 $750,674 $554,506 $1,063,052 $196,168
2019 $986,276 $1,021,215 $862,667 $-34,939
2018 $926,436 $831,430 $920,570 $95,006
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