The Advisory Board Of The High School Of Fashion Industries is located in New York, NY. The organization was established in 1957. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Advisory Board Of The High School Of Fashion Industries is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2023, Advisory Board Of The High School Of Fashion Industries generated $169.2k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.5% each year . All expenses for the organization totaled $90.2k during the year ending 08/2023. While expenses have increased by 1.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE STUDENTS WITH SCHOLARSHIP INCENTIVE TO BE USED FORPURCHASES AT THE SCHOOL STORE & BOUTIQUE & OTHER AWARDS& SUBSIDIES TO FURTHER STUDENTS FASHION RELATED EDUCATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jeremy Bergstein Director | 0.5 | $0 | |
Patti Carpenter Director | 0.5 | $0 | |
Christina Neault Vp/treasurer | 1.5 | $0 | |
Erica Roseman President | 1.5 | $0 | |
Deborah Hughes Director | 0.5 | $0 | |
Mark Mendelson Director | 0.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $151,185 |
Total Program Service Revenue | $7,520 |
Membership dues | $0 |
Investment income | $9,500 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $1,000 |
Total Revenue | $169,205 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $6,100 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $2,473 |
Other expenses | $15,918 |
Total expenses | $90,193 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $155,512 |
Other assets | $0 |
Total assets | $421,666 |
Total liabilities | $4,625 |
Net assets or fund balances | $417,041 |