Harvard Club Of Minnesota
- Assets
- $50.4k
- Revenue
- $39.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 03/1976
- Data as of
- 06/2024
- EIN
- 51-0179325
Organization Overview
Harvard Club Of Minnesota is located in Minneapolis, MN. The organization was established in 1976. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Harvard Club Of Minnesota 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 06/2024, Harvard Club Of Minnesota generated $39.5k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $40.4k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE & ADMINISTER EDUCATIONAL PROJECTS TO SUPPORT HARVARD UNIVERSITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CLUB SPONSORS EVENTS TO PROMOTE EARLY COLLEGE AWARENESS, AND BUILD AWARENESS THAT HARVARD IS A SCHOOL WHERE STUDENTS CAN GET FINANCIAL AID AND THE PERSONAL SUPPORT NECESSARY TO ATTEND AND BE SUCCESSFUL. THESE EFFORTS SUPPORT THE NATIONAL AGENDA THAT ALL STUDENTS GRADUATE FROM HIGH SCHOOL CAREER OR COLLEGE READY. INCLUDED IN THIS EFFORT IS THE DONATION OF HARVARD PRIZE BOOKS TO MOST OF THE HIGH SCHOOLS IN MN.
THE CLUB PROVIDES SUPPORT TO NEW MN HARVARD STUDENTS AND THEIR FAMILIES. LOCAL PARTIES PROVIDE AN OPPORTUNITY FOR STUDENTS AND THEIR FAMILIES TO MEET LOCAL HARVARD GRADUATES WHO ARE WILLING TO HELP CONNECT THEM WITH SUPPORT NEEDED WHILE IN SCHOOL AND WHILE LOOKING FOR REAL WORLD LEARNING OPPORTUNITIES LIKE INTERNSHIPS.
THE CLUB PROVIDES OPPORTUNITIES FOR NETWORKING BETWEEN STUDENTS, PARENTS, AND ALUMS. THESE EVENTS FOCUS ON THE FACT THAT STUDENTS, FAMILIES, AND ALUMS CAN ALL USE THE SUPPORT OF THE COMMUNITY AND WE PROVIDE OPPORTUNITIES FOR THAT SUPPORT TO HAPPEN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nicole Moen Past President | Officer | 1 | $0 |
Jordan Weatherby President | Officer | 1 | $0 |
Ahava Silkey Jones Board Member | Trustee | 1 | $0 |
Alex Duval Board Member | Trustee | 1 | $0 |
Lauren Carlstrom Board Member | Trustee | 1 | $0 |
Fran Kennedy Secretary | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $14,430 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $19,857 |
| Noncash contributions included in lines 1a–1f | $16,167 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $34,287 |
| Total Program Service Revenue | $4,883 |
| Investment income | $313 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $39,483 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $12,777 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,262 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,838 |
| All other expenses | $0 |
| Total functional expenses | $40,352 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,951 |
| Savings and temporary cash investments | $45,469 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $50,420 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $50,420 |