HARVARD BUSINESS SCHOOL ASSOCIATION OF NORTHERN CALIFORNIA

EIN: 237184723 501(c)(3) Education

MOUNTAIN VIEW, CA

Total Revenue
$584,188
Total Expenses
$547,121
Total Assets
$723,982
Net Assets
$632,702
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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
1974
Legal Domicile
CA
Phone
4158238358
Tax Period
2024-07-01 to 2025-06-30

HARVARD BUSINESS SCHOOL ASSOCIATION OF NORTHERN CALIFORNIA, founded in 1974, is a small nonprofit in the Education sector that reported $584K in total revenue in fiscal year 2024. Revenue surged 85% from the prior year, signaling strong growth momentum. Expenses of $547K left a modest 6% surplus.

Mission

THIS ALUMNI ASSOCIATION ALLOWS MEMBERS TO STAY IN TOUCH WITH FELLOW ALUMNI, FURTHER THEIR PROFESSIONAL TRAINING AND PARTICIPATE IN COMMUNITY PARTNERS PROGRAMS.

Program Service Accomplishments

Program 1
Expenses: $211,208

BAY AREA PROGRAMS: EDUCATIONAL PROGRAMS FOR MEMBERS IN THE BAY AREA.

Program 2
Expenses: $61,322

ENTERPRENEUR DINNER EXPENSES

Program 3
Expenses: $30,000

INTERNSHIPS/SCHOLARSHIPS: SCHOLARSHIPS FUND WERE USED TO SPONSOR NON-PROFIT LEADERS ATTENDING EXECUTIVE EDUCATION PROGRAM IN NON-PROFIT MANAGEMENT IN HARVARD BUSINESS SCHOOL.

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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 $127,844
Program Service Revenue $433,457
Investment Income $22,887
Other Revenue $0
TOTAL REVENUE $584,188

Expense Breakdown

Grants Paid $0
Salaries & Benefits $202,250
Fundraising Expenses $0
Program Expenses $324,665
Other Expenses $344,871
TOTAL EXPENSES $547,121

Year-over-Year Comparison

2024 2023 Change
Revenue $584,188 $315,252 +0.9%
Expenses $547,121 $366,562 +0.5%
Net Income $37,067 $-51,310 -1.7%
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
15
Independent Members
15
Employees
4
Volunteers
80

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
$143,750
Total Directors
39
$143,750
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MAYA KRISH Executive Dir. 20.00
Officer Director
$81,250 $0 $81,250
LULU CURIEL Executive Dir. 20.00
Officer Director
$62,500 $0 $62,500
SANGITA SHAH ADMINISTRATOR 0.00
$58,500 $0 $58,500
SHALINI AGARWAL Vice President 4.00
Director
$0 $0 $0
KIM VOGEL CFO 4.00
Officer Director
$0 $0 $0
CATHY BENKO Director 4.00
Director
$0 $0 $0
ANNA SHEEN Vice President 4.00
Director
$0 $0 $0
ALEXANDRA MOREHOUSE Vice President 4.00
Director
$0 $0 $0
JILL AUFRICHT CO-CHAIR 4.00
Director
$0 $0 $0
SASHA GRINSHPUN TRACK LEAD 4.00
Director
$0 $0 $0
DAVID SEFTEL TRACK LEAD 4.00
Director
$0 $0 $0
VINCE LANE Vice President 4.00
Director
$0 $0 $0
JC VELTEN CO-CHAIR 4.00
Director
$0 $0 $0
ROHIT JAIN CTO 4.00
Officer Director
$0 $0 $0
TALER COLIN Vice President 4.00
Director
$0 $0 $0
CHRISTINE DINH-TAN Vice President 4.00
Director
$0 $0 $0
AJ GANDHI CHAIR 4.00
Director
$0 $0 $0
ELYSE KIM Vice President 4.00
Director
$0 $0 $0
JEAN KOVACS Director 4.00
Director
$0 $0 $0
KARAE LISLE Director 4.00
Director
$0 $0 $0
GARY ANTONICK ALUMNI FORUMS 4.00
Director
$0 $0 $0
ELI BUSEN Director 4.00
Director
$0 $0 $0
BENOITE YVER TRACK LEAD 4.00
Director
$0 $0 $0
CHEE-WE NG TRACK LEAD 4.00
Director
$0 $0 $0
KAREN ANGELINI Director 4.00
Director
$0 $0 $0
ANNE DEGHEEST Director 4.00
Director
$0 $0 $0
TONY LAZAR ALUMNI ANGELS 4.00
Director
$0 $0 $0
WENDI ZHANG TRACK LEAD 4.00
Director
$0 $0 $0
SEAN JACOBSOHN TRACK LEAD 4.00
Director
$0 $0 $0
SHANNON LUNDGEN TRACK LEAD 4.00
Director
$0 $0 $0
JIM SIMMONS President 4.00
Officer Director
$0 $0 $0
SUSAN HAILEY Director 4.00
Director
$0 $0 $0
BRIAN HOSKINS Director 4.00
Director
$0 $0 $0
PAT KELLY Director 4.00
Director
$0 $0 $0
MEGHANA DHAR TRACK LEAD 4.00
Director
$0 $0 $0
BEN DUBIN Director 4.00
Director
$0 $0 $0
TOM CERVANTEZ Director 4.00
Director
$0 $0 $0
PING HAO Director 4.00
Director
$0 $0 $0
JEAN-PHILIPPE JP MARCOS Director 4.00
Director
$0 $0 $0
RAJIV PARIKH ChAIR 4.00
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 $584,188 $547,121 $723,982 $37,067
2024 $315,252 $366,562 $667,312 $-51,310
2023 $243,400 $282,602 $719,722 $-39,202
2022 $403,942 $323,569 $768,088 $80,373
2021 $293,430 $350,649 $689,559 $-57,219
2020 $622,614 $415,837 $695,826 $206,777
2019 $445,692 $540,810 $502,522 $-95,118
2018 $677,469 $616,961 $575,288 $60,508
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