Form 990 for tax year 2022

Totals

Total revenue

$2,000,211

Total expenses

$3,118,172

Contributions and grants received

$1,981,487

Grants paid

$0

Program service revenue

$0

Investment income

$18,724

Other revenue

$0

Total assets, end of year

$1,608,113

Total liabilities, end of year

$260,880

Net assets or fund balances, end of year

$1,347,233

Program services expenses (Part IX)

$2,166,343

Management and general expenses

$602,394

Fundraising expenses

$349,435

Program service expenses (Part III)

$2,166,343

Program services were 69.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Mission and programs · 2022

• THE PHD PROJECT IS A SYSTEMIC DIVERSITY INITIATIVE THAT ENCOURAGES BLACK/AFRICAN AMERICANS, LATINX/HISPANIC AMERICANS, AND NATIVE AMERICANS TO PURSUE PHD'S IN BUSINESS, CREATING ROLE MODELS AND MENTORS THAT ATTRACT AND ENCOURAGE MINORITY BUSINESS STUDENTS RESULTING IN A MORE DIVERSE TALENT POOL. WE HOST AN ANNUAL, INVITATION-ONLY CONFERENCE FOR HISTORICALLY UNDERREPRESENTED MINORITY STUDENTS AND PROFESSIONALS CONSIDERING BUSINESS DOCTORAL STUDIES AND COVER ALL EXPENSES FOR THEM TO ATTEND. WE HELD TWO ANNUAL CONFERENCES DURING FY23 (NOV. 2022 & MARCH 2023).402 MINORITY PROFESSIONALS APPLIED FOR THE TWO CONFERENCES, 335 WERE INVITED AND 287 ATTENDED. WE HOST FIVE DISCIPLINE-SPECIFIC CONFERENCES FOR HISTORICALLY UNDERREPRESENTED MINORITY DOCTORAL STUDENTS PROVIDING A NETWORK OF RESOURCES TO ENSURE THEIR SUCCESS AND COVER ALL EXPENSES FOR THEM TO ATTEND OUR CONFERENCE AS WELL AS THE RELATED PROFESSIONAL ASSOCIATION CONFERENCE FOR THAT DISCIPLINE. DURING FY2023, WE HOSTED 172 MINORITY DOCTORAL STUDENTS AT THESE FIVE CONFERENCES, OF WHICH 15 BEGAN THEIR PROGRAM IN 2023. WE CAPPED 41 NEW MINORITY FACULTY. PHD PROJECT AFFILIATE PROGRAMS ARE DESIGNED TO PROVIDE EMERGING DOCTORAL STUDENTS AND FACULTY WITH VALUABLE TOOLS AND RESOURCES THROUGHOUT THEIR ACADEMIC CAREER. SEVERAL PROGRAMS, INCLUDING TEACHING STRATEGIES, THE RESEARCH SYMPOSIUM AND THE DIVERSITY CASE WRITING WORKSHOP ARE HOSTED BY A UNIVERSITY AND THE ASPIRING LEADERS SESSION FOR THOSE MEMBERS INTERESTED IN HIGHER EDUCATION ADMINISTRATION IS HOSTED BY PHD PROJECT FOUNDING MEMBER, AACSB. A TOTAL OF 70 MEMBERS ATTENDED ONE OR MORE OF THESE SESSIONS DURING FY2023. 83 OF OUR MEMBERS ARE IN THE ROLE OF DEAN OF THE BUSINESS SCHOOL AND 10 MEMBERS ARE SERVING AS A UNIVERSITY PRESIDENT.

  Expenses $2,166,343

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type

form_990

Tax year

2022

Filed

12 February 2024

IRS schema version

2022v5.0

Source object

202440439349301729

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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