HBS ALUMNI ANGELS OF GREATER NEW YORK

EIN: 473123605 Community Improvement

NEW YORK, NY

Total Revenue
$71,447
Total Expenses
$70,761
Total Assets
$141,388
Net Assets
$112,425
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
DE
Principal Officer
ANTHONY GELLERT
Phone
2126470453
Tax Period
2024-07-01 to 2025-06-30

HBS ALUMNI ANGELS OF GREATER NEW YORK, founded in 2015, is a micro nonprofit in the Community Improvement sector that reported $71K in total revenue in fiscal year 2024.

Mission

TO PROVIDE AN EDUCATIONAL AND NETWORKING FORUM FOR HARVARD ALUMNI WHO ARE INTERESTED IN RESEARCHING AND INVESTING IN EARLY STAGE COMPANIES ON AN INDIVIDUAL BASIS.

Program Service Accomplishments

Program 1

HBS Alumni Angels started in 2007 as a special interest group of the HBS Alumni Association of Northern California. Similar groups formed around the world and HBS Alumni Angels became a global alumni...

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HBS Alumni Angels started in 2007 as a special interest group of the HBS Alumni Association of Northern California. Similar groups formed around the world and HBS Alumni Angels became a global alumni organization in December 2010. Internationally, HBS Alumni Angels members have invested in over 100 companies since 2007. Today, the HBS Alumni Angels organization is comprised of Harvard alumni interested in investing in high-potential early stage companies. HBS Alumni Angels is open to all Harvard alumni and others affiliated with the university, not just HBS graduates. As the New York Chapter of HBS alumni Angels, we work to achieve the goals of the organization including: - providing long lasting relationships with Harvard alumni and Harvard overall for fundraising, governance and promotion of entrepreneurship and angel investing that is critical to establishment of Harvard as a leader in entrepreneurship -providing on-going education opportunities via seminars and events relevant to Harvard angels interested in angel investing -providing relationship building between current Harvard students and Harvard alumni with an interest in early stage ventures and angel investing -providing mentoring and judging for business plans in the student and alumni business plan competitions -establishing HBS angels as the leading point of contact for interaction with Harvard on matters relevant to angel investing and entrepreneurship -establishing a financially sound, self-sustaining organization that will be a long-time contributor to Harvard, entrepreneurship and angel investing

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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 $71,447
Investment Income $0
Other Revenue $0
TOTAL REVENUE $71,447

Expense Breakdown

Grants Paid $0
Salaries & Benefits $55,843
Fundraising Expenses $0
Other Expenses $14,918
TOTAL EXPENSES $70,761

Year-over-Year Comparison

2024 2023 Change
Revenue $71,447 $73,630 0.0%
Expenses $70,761 $58,193 +0.2%
Net Income $686 $15,437 -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

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Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
14
Employees
N/A
Volunteers
14

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
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JASON E KLEIN CHAIRMAN 0.0
Officer Director
$0 $0 $0
Sharjeel Kashmir President 0.0
Officer Director
$0 $0 $0
Anthony Gellert Treasurer 0.0
Officer Director
$0 $0 $0
Mason Du MEMBER 0.0
Director
$0 $0 $0
Jim Sherman MEMBER 0.0
Director
$0 $0 $0
Trevor Bond Member 0.0
Director
$0 $0 $0
Tom Hirschfeld MEMBER 0.0
Director
$0 $0 $0
Betsy Odita MEMBER 0.0
Director
$0 $0 $0
Margaret Miao Member 0.0
Director
$0 $0 $0
Richard Davies member 0.0
Director
$0 $0 $0
Donald Samuels Member 0.0
Director
$0 $0 $0
Barry Goldman Member 0.0
Director
$0 $0 $0
Sandee Springer MEMBER 0.0
Director
$0 $0 $0
Barbara Miller MEMBER 0.0
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 $71,447 $70,761 $141,388 $686
2024 $73,630 $58,193 $141,717 $15,437
2023 $65,657 $67,200 $119,134 $-1,543
2022 $63,364 $57,436 $114,922 $5,928
2021 $42,262 $27,852 $109,355 $14,410
2020 $58,361 $55,066 $95,377 $3,295
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