Friends Of Hec Inc

Organization Overview

Friends Of Hec Inc is located in New York, NY. The organization was established in 2007. 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. Friends Of Hec Inc 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 12/2021, Friends Of Hec Inc generated $781.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 33.3% each year . All expenses for the organization totaled $826.5k during the year ending 12/2021. While expenses have increased by 28.6% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SUPPORTING THE INTERESTS OF SCHOOLS, EDUCATIONAL PROGRAMS AND INSTITUTIONS ASSOCIATED WITH THE ECOLE DES HAUTES ETUDES COMMERCIALES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SUPPORTING THE INTERESTS OF SCHOOL, EDUCATIONAL PROGRAMS AND INSTITUTIONS ASSOCIATED WITH THE ECOLE DES HAUTES ETUDES COMMERCIALES.


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Board, Officers & Key Employees

Name (title)Compensation
Vincent Muzelle
Executive Dir.
$234,000
Jaime M Tique
President
$0
Romain Dambre
Secretary
$0
Denis Streiff
Treasurer
$0
Ghina Sahagun
Director
$0
Gad Berdugo
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$779,846
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$779,846
Total Program Service Revenue$0
Investment income $16
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $1,500
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $781,362

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Friends Of Hec Inc has recieved totaling $30,000.

Awarding OrganizationAmount
Chenevert Family Foundation Inc

St Petersburg, FL

PURPOSE: TO FUND THE SUPPORTING OF INTEREST OF SCHOOLS, EDUCATIONAL PROGRAMS AND INSTITUTIONS.

$30,000
View Grant Recipient Profile

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