HUNTER COLLEGE HIGH SCHOOL ALUMNAE/I ASSOCIATION INC

EIN: 133953396 501(c)(3) Education

NEW YORK, NY

Total Revenue
$415,681
Total Expenses
$1,208,855
Total Assets
$1,296,285
Net Assets
$1,206,971
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
NY
Principal Officer
DAVID KERPEN
Phone
2127724079
Tax Period
2023-07-01 to 2024-06-30

HUNTER COLLEGE HIGH SCHOOL ALUMNAE/I ASSOCIATION INC, founded in 1997, is a small nonprofit in the Education sector that reported $416K in total revenue in fiscal year 2023. Revenue fell 65% from the prior year — a significant decline worth monitoring. Expenses of $1.2M exceeded revenue, resulting in a 191% operating deficit.

Mission

THE MISSION OF HUNTER COLLEGE HIGH SCHOOL ALUMNAE/I ASSOCIATION, INC. ("HCHSAA") IS TO PROMOTE CHARITABLE, SCIENTIFIC, LITERARY, AND EDUCATIONAL ACTIVITIES FOR HUNTER COLLEGE HIGH SCHOOL (THE "SCHOOL") AND ITS ALUMNAE/I. IT ACCOMPLISHES THIS GOAL THROUGH THE ESTABLISHMENT OF SCHOLARSHIPS AND FELLOWSHIPS, OFFERING OTHER STUDENT AID PROGRAMS, AND SPONSORING VARIOUS ACADEMIC AND CULTURAL ACTIVITIES FOR THE SCHOOL AND ITS ALUMNAE/I. IN ADDITION, HCHSAA SERVES AS AN ADVOCATE FOR THE SCHOOL AND IT CREATES AND SUSTAINS A SOCIAL AND PROFESSIONAL NETWORK FOR ITS ALUMNAE/I.

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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 (2023)

Revenue Breakdown

Contributions & Grants $400,612
Program Service Revenue $4,052
Investment Income $10,070
Other Revenue $947
TOTAL REVENUE $415,681

Expense Breakdown

Grants Paid $108,007
Salaries & Benefits $452,209
Fundraising Expenses $131,007
Program Expenses $630,496
Other Expenses $648,639
TOTAL EXPENSES $1,208,855

Year-over-Year Comparison

2023 2022 Change
Revenue $415,681 $1,202,633 -0.7%
Expenses $1,208,855 $997,773 +0.2%
Net Income $-793,174 $204,860 -4.9%
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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Governance

Voting Members
16
Independent Members
16
Employees
5
Volunteers
22

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
5
$64,404
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VIVIAN ALTMAN BOARD PRESID 5.00
Officer Director
$0 $0 $0
SHERMAN CHAN TREASURER 5.00
Officer Director
$0 $0 $0
TANEEM KABIR SECRETARY 1.00
Officer Director
$0 $0 $0
MARI HOASHI FRANKLIN BOARD MEMBER 1.00
Director
$0 $0 $0
REBECCA SALAZAR BOARD MEMBER 1.00
Director
$0 $0 $0
ANGELA LI BOARD MEMBER 1.00
Director
$0 $0 $0
SOPHIA LIAO BOARD MEMBER 1.00
Director
$0 $0 $0
JANE TILLMAN IRVING BOARD MEMBER 1.00
Director
$0 $0 $0
JUDITH DANIEL GEORGE BOARD MEMBER 1.00
Director
$0 $0 $0
JOYCE VARUGHSE RAJU BOARD MEMBER 1.00
Director
$0 $0 $0
LUKE STEIN BOARD MEMBER 1.00
Director
$0 $0 $0
ANDREW BELLAK BOARD MEMBER 1.00
Director
$0 $0 $0
EMMA KERINS BOARD MEMBER 1.00
Director
$0 $0 $0
ADAM STOLZ BOARD MEMBER 1.00
Director
$0 $0 $0
DIANA MCKEAGE BOARD MEMBER 1.00
Director
$0 $0 $0
NICOLE MORGENSTERN BOARD MEMBER 1.00
Director
$0 $0 $0
LORNA A MALCOLM EXECUTIVE DI 40.00
Officer
$64,404 $0 $64,404
DAVID KERPEN PRESIDENT (F N/A
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 No data No data No data No data
2024 $415,681 $1,208,855 $1,296,285 $-793,174
2023 No data No data No data No data
2023 $1,202,633 $997,773 $1,967,396 $204,860
2022 $360,728 $309,144 $1,701,390 $51,584
2022 $372,437 $333,082 $1,692,778 $39,355
2021 $664,430 $695,297 $2,008,710 $-30,867
2020 $945,781 $593,630 $1,876,881 $352,151
2019 $823,940 $603,974 $1,468,886 $219,966
2018 $1,250,215 $487,863 $1,231,493 $762,352
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