Harvard Alumni Entrepreneurs Inc
Harvard Alumni Entrepreneurs Inc. shows strong revenue growth and no reported officer compensation.
EIN: 208034421 · Gloucester, MA · NTEE: B038 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $492K |
| Total Expenses | $108K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $492,379. |
| Net Assets | $171K |
| Transparency Score | 92/100 |
Search Intent Cockpit
Harvard Alumni Entrepreneurs Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Harvard Alumni Entrepreneurs Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Harvard Alumni Entrepreneurs Inc in one place.
Form 990 Filing Summary
2 filing years are available, with latest revenue of $232K and expenses of $108K.
Revenue and Expenses
Harvard Alumni Entrepreneurs Inc reported $232K in revenue and $108K in expenses, a surplus of $125K.
Executive Compensation
Top officer compensation appears as $492,379. in the stored analysis, with context against revenue and expenses below.
Charity Score and Red Flags
92/100 mission score, 0 red flags, and 4 strengths are shown from structured and AI review.
Is Harvard Alumni Entrepreneurs Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $97K (90%) |
Across stored filings, Harvard Alumni Entrepreneurs Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Appears Legitimate | Limited filing record; no red flags identified |
| Mission spend | 90% to programs | Excellent |
| Financial durability | Grade A | 2 stored filing years |
| Peer context | Compare with Joint Committee For Childrens Health Care In Everett | Massachusetts and Education context |
Trust Check
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Keep the Investigation Moving
Harvard Alumni Entrepreneurs Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Harvard Alumni Entrepreneurs Inc
Harvard Alumni Entrepreneurs Inc (EIN: 208034421) is a nonprofit organization based in Gloucester, MA, classified under NTEE code B038. The organization reported total revenue of $492K and total assets of $173K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Harvard Alumni Entrepreneurs Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Harvard Alumni Entrepreneurs Inc is a small nonprofit that has been operating for 19 years, with 2 years of IRS 990 filings on record (2021–2022). Revenue has grown at a compound annual rate of 147.4%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $232K |
| Total Expenses | $108K |
| Surplus / Deficit | +$125K |
| Total Assets | $178K |
| Total Liabilities | $8K |
| Net Assets | $171K |
| Operating Margin | 53.7% |
| Debt-to-Asset Ratio | 4.2% |
| Months of Reserves | 19.9 months |
Financial Health Grade: A
In 2022, Harvard Alumni Entrepreneurs Inc reported a surplus of $125K with revenue exceeding expenses, holds 19.9 months of operating reserves (strong position), has a debt-to-asset ratio of 4.2% (very low leverage).
Financial Trends
Over 2 years of filings (2021–2022), Harvard Alumni Entrepreneurs Inc's revenue has grown at a compound annual growth rate (CAGR) of 147.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +147.4% | +38.7% | +263.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Harvard Alumni Entrepreneurs Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Harvard Alumni Entrepreneurs Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $125K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.2%.
Executive Compensation Analysis
Executive compensation has been reported at 0% in both available filings, indicating a volunteer-led organization or one with extremely low executive overhead, which is highly commendable for a nonprofit of its size with latest revenue of $492,379.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Harvard Alumni Entrepreneurs Inc:
- Strong revenue growth from $93,881 in 2021 to $492,379 in the latest period.
- Consistent 0% officer compensation reported in available filings, indicating efficient use of funds.
- Healthy asset base of $172,638 relative to liabilities, suggesting financial stability.
- Positive financial trajectory with expenses significantly lower than revenue in recent periods (e.g., $107,584 expenses vs. $232,302 revenue in 2022).
Frequently Asked Questions about Harvard Alumni Entrepreneurs Inc
Is Harvard Alumni Entrepreneurs Inc a legitimate charity?
Harvard Alumni Entrepreneurs Inc (EIN: 208034421) is a registered tax-exempt nonprofit based in Massachusetts. Our AI analysis gives it a Mission Score of 92/100. It has 2 years of IRS 990 filings on record. Total revenue: $492K. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Harvard Alumni Entrepreneurs Inc spend its money?
Harvard Alumni Entrepreneurs Inc directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Harvard Alumni Entrepreneurs Inc tax-deductible?
Harvard Alumni Entrepreneurs Inc is registered as a tax-exempt nonprofit (EIN: 208034421). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Harvard Alumni Entrepreneurs Inc CEO make?
Harvard Alumni Entrepreneurs Inc's highest-compensated officer earns $492,379. annually. The organization reported $492K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Harvard Alumni Entrepreneurs Inc's spending goes to programs?
Harvard Alumni Entrepreneurs Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Harvard Alumni Entrepreneurs Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Harvard Alumni Entrepreneurs Inc is above average for NTEE category B038 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Harvard Alumni Entrepreneurs Inc located?
Harvard Alumni Entrepreneurs Inc is headquartered in Gloucester, Massachusetts and files with the IRS under EIN 208034421. It is classified under NTEE code B038.
How many years of IRS 990 filings does Harvard Alumni Entrepreneurs Inc have?
Harvard Alumni Entrepreneurs Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $492K in total revenue.
Is Harvard Alumni Entrepreneurs Inc. a good charity?
Based on the available data, Harvard Alumni Entrepreneurs Inc. appears to be a well-managed and efficient organization. It has demonstrated strong revenue growth, healthy assets, and notably, 0% officer compensation in its recent filings, suggesting a high dedication to its mission and efficient use of funds.
How has the organization's revenue changed over time?
The organization has experienced significant revenue growth, increasing from $93,881 in 2021 to $232,302 in 2022, and further to $492,379 in the latest period, indicating strong financial development.
What is the organization's approach to executive compensation?
Harvard Alumni Entrepreneurs Inc. has reported 0% officer compensation in both its 2022 and 2021 filings, indicating that its leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is a strong positive for efficiency.
Filing History
IRS 990 filing history for Harvard Alumni Entrepreneurs Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2021–2022), Harvard Alumni Entrepreneurs Inc's revenue has grown by 147.4%, moving from $94K to $232K. Total assets increased by 263.5% over the same period, from $49K to $178K. Total functional expenses rose by 38.7%, from $78K to $108K. In its most recent filing year (2022), Harvard Alumni Entrepreneurs Inc reported a surplus of $125K, with revenue exceeding expenses. The organization holds $8K in liabilities against $178K in assets (debt-to-asset ratio: 4.2%), resulting in net assets of $171K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $232K | $108K | $178K | $8K | — | View 990 |
| 2021 | $94K | $78K | $49K | $3K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Harvard Alumni Entrepreneurs Inc:
Data Sources and Methodology
This transparency report for Harvard Alumni Entrepreneurs Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.