Student Organizations and Journals… - Form 990 Financial Data

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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

2019

Legal Domicile

Phone

6174953770

Tax Period

2022-07-01 to 2023-06-30

Student Organizations and Journals of Harvard Law School Inc, founded in 2019, is a community nonprofit in the Education sector that reported $1.7M in total revenue in fiscal year 2022. Revenue surged 42% from the prior year, signaling strong growth momentum.

Mission

STUDENT ORGANIZATIONS AND JOURNALS OF HARVARD LAW SCHOOL, INC. ("SOJHLS") OPERATES TO ADVANCE CHARITABLE OBJECTIVES OF HARVARD LAW SCHOOL, WHICH IS PART OF THE PRESIDENT AND FELLOWS OF HARVARD COLLEGE ("HARVARD UNIVERSITY"). THE PRIMARY PURPOSE OF ESTABLISHING SOJHLS IS TO PROMOTE, COORDINATE, AND OPERATE STUDENT CLUB ACTIVITIES AND SERVICES AT HARVARD LAW SCHOOL WITH THE OBJECTIVE OF ENRICHING AND BROADENING THE EXPERIENCE OF THE HARVARD LAW SCHOOL COMMUNITY.

Program Service Accomplishments

Program 1

Expenses: $1,790,439 Revenue: $0

SOJHLS GOAL IS TO PUT IN PLACE AN APPROPRIATE LEVEL OF OVERSIGHT OVER HARVARD LAW SCHOOL'S STUDENT CLUBS AND JOURNALS AND ESTABLISH UNIFORM PROCEDURES REGARDING FINANCIAL CONTROLS, COMPLIANCE, AND...

SOJHLS GOAL IS TO PUT IN PLACE AN APPROPRIATE LEVEL OF OVERSIGHT OVER HARVARD LAW SCHOOL'S STUDENT CLUBS AND JOURNALS AND ESTABLISH UNIFORM PROCEDURES REGARDING FINANCIAL CONTROLS, COMPLIANCE, AND BEST PRACTICES. MEMBERS OF THE CLUBS AND JOURNALS, WHO ARE HARVARD LAW SCHOOL STUDENTS, SPEND TIME PLANNING, ORGANIZING AND IMPLEMENTING STUDENT GROUP ACTIVITIES. THE EVENTS AND ACTIVITIES CARRIED OUT BY THE CLUBS RANGE FROM ENTERTAINMENT AND NETWORKING EVENTS TO LEADERSHIP CONFERENCES IN SPECIALIZED AREAS OF FOCUS ALL FOR HARVARD LAW SCHOOL STUDENTS AND THE HARVARD COMMUNITY. THESE ACTIVITIES GENERALLY OCCUR DURING THE ACADEMIC YEAR (SEPTEMBER - MAY), AND ARE DESIGNED TO BE GENERALLY SELF-SUSTAINING. BY SUPPORTING THESE INITIATIVES SOJHLS WAS ABLE TO BUILD COMMUNITY, DEVELOP RELATIONSHIPS, AND PROMOTE COLLABORATION AMONG STUDENTS AND PRACTITIONERS ACROSS MANY TOPICS OF THE LAW. SOJHLS SUPPORTED 100 STUDENT ORGANIZATIONS AND 14 JOURNALS WITHIN THE HARVARD LAW SCHOOL FOR FISCAL YEAR ENDED JUNE 30, 2023.

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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%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $1,697,464

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,697,464

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,790,439

Other Expenses $1,790,439

TOTAL EXPENSES $1,790,439

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,697,464	$1,195,970	+0.4%
Expenses	$1,790,439	$1,249,346	+0.4%
Net Income	$-92,975	$-53,376	+0.7%

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

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

1400

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

$724,440

Total Directors

$929,262

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	TREASURER & DIRECTOR	20.0	Officer Director	$0	$12,563	$133,924
N/A	PRESIDENT & DIRECTOR	2.0	Officer Director	$0	$34,900	$302,936
N/A	CLERK & DIRECTOR	8.0	Officer Director	$0	$6,397	$21,792
N/A	VICE PRESIDENT & DIRECTOR	2.0	Officer Director	$0	$45,170	$265,788
N/A	DIRECTOR	2.0	Director	$0	$21,638	$204,822
N/A	FORMER TREASURER & DIRECTOR	0.0		$0	$17,064	$139,819
N/A	FORMER CLERK & DIRECTOR	0.0		$0	$18,384	$171,494

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	No data	No data	No data	No data
2023	$1,697,464	$1,790,439	$1,266,824	$-92,975
2022	$1,195,970	$1,249,346	$1,359,799	$-53,376
2021	$980,919	$599,584	$1,413,175	$381,335

Student Organizations and Journals of Harvard Law School Inc