HARLEM EDUCATIONAL ACTIVITIES FUND INC

EIN: 133568672 501(c)(3)

NEW YORK, NY

Total Revenue
$1,967,395
Total Expenses
$3,300,161
Total Assets
$3,586,039
Net Assets
$428,938
🔒

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
1990
Legal Domicile
DE
Principal Officer
DEIRDRE BENNETT
Phone
2126639732
Tax Period
2024-07-01 to 2025-06-30

HARLEM EDUCATIONAL ACTIVITIES FUND INC, founded in 1990, is a community nonprofit that reported $2.0M in total revenue in fiscal year 2024. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $3.3M exceeded revenue, resulting in a 68% operating deficit.

Mission

FOR MORE THAN 30 YEARS, HEAF HAS DELIVERED HIGH-QUALITY, TUITION-FREE ACADEMIC ENRICHMENT AND CAREER READINESS PROGRAMMING FOR YOUTH FROM UNDER-RESOURCED COMMUNITIES IN NEW YORK CITY. OUR PROVEN PIPELINE SUPPORTS STUDENTS FROM MIDDLE SCHOOL THROUGH COLLEGE AND INTO CAREERS, CONT'D.ENSURING THEY HAVE THE SKILLS, CONFIDENCE, AND NETWORKS TO ACHIEVE LONG-TERM ECONOMIC MOBILITY.

Program Service Accomplishments

Program 1
Expenses: $882,622 Revenue: $0

HEAF PROVIDED AFTERSCHOOL PROGRAMS AT OUR LOCATION AND VIA ZOOM TO STUDENTS IN 6TH TO 12 GRADES. MIDDLE SCHOOL PROGRAMMING ELECTIVES FOCUSED ON THE TRANSITION TO HIGH SCHOOL. HEAF'S 9TH TO 11TH...

Read more

HEAF PROVIDED AFTERSCHOOL PROGRAMS AT OUR LOCATION AND VIA ZOOM TO STUDENTS IN 6TH TO 12 GRADES. MIDDLE SCHOOL PROGRAMMING ELECTIVES FOCUSED ON THE TRANSITION TO HIGH SCHOOL. HEAF'S 9TH TO 11TH GRADERS CONCENTRATED ON SAT PREPARATION, LEARNING FOR SOCIAL AND GLOBAL IMPACT (LSGI), AS WELL AS ELECTIVE COURSES SUCH AS THE INDUSTRY IMMERSION PROGRAM AND THE CIVIC LIFE COURSE. THE 12TH GRADERS FOCUSED ON COLLEGE READINESS AND INDEPENDENT LIVING WORKSHOPS. STUDENTS ARE REQUIRED TO ATTEND A MINIMUM OF TWO DAYS OF PROGRAMMING PER WEEK DURING THE FALL AND SPRING SEMESTERS.

Program 2
Expenses: $864,051 Revenue: $0

HEAF COMMUNITY DEEPENS ENGAGEMENT THROUGH OPEN-ACCESS EVENTS AND PARTNERSHIPS WITH LOCAL ORGANIZATIONS THAT PROMOTE ENROLLMENT AND FAMILY CONNECTIONS. THE PROGRAM PROVIDED EDUCATION AND RESOURCES TO...

Read more

HEAF COMMUNITY DEEPENS ENGAGEMENT THROUGH OPEN-ACCESS EVENTS AND PARTNERSHIPS WITH LOCAL ORGANIZATIONS THAT PROMOTE ENROLLMENT AND FAMILY CONNECTIONS. THE PROGRAM PROVIDED EDUCATION AND RESOURCES TO PARENTS, FAMILIES, AND POTENTIAL STUDENTS, HOSTING 23 DYNAMIC EVENTS IN FY 25.

Program 3
Expenses: $848,260 Revenue: $0

HEAF LAUNCHED A PILOT PROGRAM IN THE FALL TO BRING ITS COLLEGE ACCESS PROGRAMMING DIRECTLY INTO SCHOOLS AND COMMUNITY-BASED ORGANIZATIONS. THE HEAF INSPIRE INITIATIVE EXTENDS THE CORE MISSION OF THE...

Read more

HEAF LAUNCHED A PILOT PROGRAM IN THE FALL TO BRING ITS COLLEGE ACCESS PROGRAMMING DIRECTLY INTO SCHOOLS AND COMMUNITY-BASED ORGANIZATIONS. THE HEAF INSPIRE INITIATIVE EXTENDS THE CORE MISSION OF THE HARLEM EDUCATIONAL ACTIVITIES FUND (HEAF) TO PARTNER SCHOOLS AND COMMUNITY-BASED ORGANIZATIONS. SERVICES PROVIDED BY HEAF INCLUDED SOCIO-EMOTIONAL LEARNING, COLLEGE APPLICATION SUPPORT, AND CAREER EXPOSURE. IN THE SPRING, HEAF LAUNCHED A PILOT PROGRAM IN COLLABORATION WITH A PUBLIC SCHOOL, OFFERING COLLEGE- AND CAREER-READINESS WORKSHOPS WITH AN EMPHASIS ON SOCIAL AND EMOTIONAL LEARNING FOR 5TH GRADERS.

🔒

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 $2,045,338
Program Service Revenue $0
Investment Income $27,380
Other Revenue $-105,323
TOTAL REVENUE $1,967,395

Expense Breakdown

Grants Paid $30,400
Salaries & Benefits $1,825,678
Fundraising Expenses $422,428
Program Expenses $2,594,933
Other Expenses $1,346,883
TOTAL EXPENSES $3,300,161

Year-over-Year Comparison

2024 2023 Change
Revenue $1,967,395 $2,908,617 -0.3%
Expenses $3,300,161 $3,611,581 -0.1%
Net Income $-1,332,766 $-702,964 +0.9%
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
19
Independent Members
19
Employees
34
Volunteers
145

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
$661,666
Total Directors
21
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANIEL ROSE FOUNDER AND CHAIR EMERITUS 0.80
Officer Director
$0 $0 $0
ALEXANDRA ALGER CHAIR/TRUSTEE THRU JUN 2024 1.50
Officer Director
$0 $0 $0
KARLA MALOOF CHAIR THRU JUN 2024 1.50
Officer Director
$0 $0 $0
DAVE WILDMAN VICE CHAIR 1.50
Officer Director
$0 $0 $0
JOSEPH DIMONDI TREASURER THRU NOV 2024 0.80
Officer Director
$0 $0 $0
ALLISON ALLEN TRUSTEE 0.80
Director
$0 $0 $0
CECIL BROOKS JR TRUSTEE 0.80
Director
$0 $0 $0
HARIN DE SILVA TRUSTEE 0.80
Director
$0 $0 $0
GIRI GURURAJA TRUSTEE 0.80
Director
$0 $0 $0
FERN KHAN TRUSTEE 0.80
Director
$0 $0 $0
JONATHAN KNIPE TRUSTEE THRU DEC 2024 0.80
Director
$0 $0 $0
BRETT MCCOLLOUGH TRUSTEE 0.80
Director
$0 $0 $0
EVELYN PEREZ-ALBINO TRUSTEE 0.80
Director
$0 $0 $0
ERIC RAHE TRUSTEE 0.80
Director
$0 $0 $0
MARIA RODRIGUEZ TRUSTEE 0.80
Director
$0 $0 $0
GLADYS PALMA DE SCHRYNEMAKERS TRUSTEE 0.80
Director
$0 $0 $0
BENJAMIN K SEMEL TRUSTEE 0.80
Director
$0 $0 $0
CALVIN SIMS TRUSTEE 0.80
Director
$0 $0 $0
COLETTE G SMITH TRUSTEE 0.80
Director
$0 $0 $0
NEIL DEGRASSE TYSON PHD TRUSTEE 0.80
Director
$0 $0 $0
SHAUN WATERS TRUSTEE 0.80
Director
$0 $0 $0
DEIRDRE BENNETT CHIEF FINANCE & ADMIN. OFFICER 35.00
Officer
$173,121 $38,001 $211,122
MICHAEL C JOHNSON PRESIDENT & CEO 35.00
Officer
$268,014 $54,792 $322,806
SAMANTHA MORENO CHIEF PROGRAMS OFFICER THRU SEPT 2024 35.00
Officer
$115,026 $12,712 $127,738
MEGAN ANNE CAMPBELL CHIEF DEV./EXT. REL. OFF. THRU SEPT 2024 35.00
Highest
$143,236 $244 $143,480
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 $1,967,395 $3,300,161 $3,586,039 $-1,332,766
2024 $2,908,617 $3,611,581 $5,320,497 $-702,964
2023 $3,070,038 $4,112,553 $6,458,613 $-1,042,515
2022 $3,826,759 $4,004,638 $4,061,446 $-177,879
2021 $3,751,939 $3,623,514 $4,919,012 $128,425
2020 $3,522,871 $3,343,446 $4,469,856 $179,425
2019 $4,990,673 $2,988,587 $3,982,884 $2,002,086
2018 $3,144,778 $2,815,770 $1,925,715 $329,008
Explore More Nonprofits
→Top 100 Nonprofits in New York →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare HARLEM EDUCATIONAL ACTIVITIES FUND INC with other nonprofits in New York 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.