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Nonprofiteer
← HARVARD BUSINESS SCHOOL INTERACTIVE INC

Form 990 for tax year 2022

Filed by HARVARD BUSINESS SCHOOL INTERACTIVE INC.

Totals

Total revenue
$519,573
Total expenses
$787,794
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$519,573
Investment income
$0
Other revenue
$0
Total assets, end of year
$10,315,068
Total liabilities, end of year
$4,151,245
Net assets or fund balances, end of year
$6,163,823
Program services expenses (Part IX)
$787,794
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$787,794

Program services were 100.0% 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.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: Program Fees

    total $519,573 · related or exempt $519,573

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $0

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $0

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $0

  • 10 · Payroll taxes

    total $0

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $0

  • 11d · Fees: lobbying

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $0

  • 12 · Advertising and promotion

    total $0

  • 13 · Office expenses

    total $0

  • 14 · Information technology

    total $0

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $187,275 · program services $187,275

  • 17 · Travel

    total $90,430 · program services $90,430

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $0

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $0

  • 23 · Insurance

    total $0

  • 24a · Other expenses: Faculty Consultants and royalties

    total $161,238 · program services $161,238

  • 24b · Other expenses: Program Management

    total $339,682 · program services $339,682

  • 24c · Other expenses: General Program Expense

    total $9,169 · program services $9,169

  • 24e · All other expenses

    total $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $4,903,590 · end of year $4,677,590

  • 4 · Accounts receivable

    beginning of year $1,528,454 · end of year $5,637,478

  • 17 · Accounts payable and accrued expenses

    end of year $199,245

  • 19 · Deferred revenue

    end of year $3,952,000

  • 27 · Net assets without donor restrictions

    beginning of year $6,432,044 · end of year $6,163,823

Mission and programs · 2022

Mission

To advance the charitable objectives of Harvard Business School, a constituent part of President and Fellows of Harvard College by developing, coordinating and conducting executive education programs.

  • Harvard Business School Interactive, Inc enrolled and educated 74 participants through its executive education program in FY23.

    Expenses $787,794 · Revenue $519,573

As filed on the 2022 return.

Listed in Part VII

  • Thomas Hollister

    Ex Officio Director

    Total calculated
    $703,040
    From this org
    $0
    From related orgs
    $630,779
    Other
    $72,261
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $582,975
    Bonus
    $25,000
    Other
    $22,804
    Deferred
    $38,400
    Nontaxable benefits
    $33,861
    Filer's total
    $703,040
  • Luis Viceria

    Chairman

    Total calculated
    $626,679
    From this org
    $0
    From related orgs
    $553,505
    Other
    $73,174
    Hours/week
    10 + 50 related

    Schedule J breakdown matched by us

    Base
    $400,924
    Bonus
    $110,616
    Other
    $41,965
    Deferred
    $38,400
    Nontaxable benefits
    $34,774
    Filer's total
    $626,679
  • Patrick Mullane

    President

    Total calculated
    $514,102
    From this org
    $0
    From related orgs
    $446,414
    Other
    $67,688
    Hours/week
    30 + 50 related

    Schedule J breakdown matched by us

    Base
    $365,501
    Bonus
    $60,000
    Other
    $20,913
    Deferred
    $38,400
    Nontaxable benefits
    $29,288
    Filer's total
    $514,102
  • Richard Melnick

    Treasurer Clerk

    Total calculated
    $490,095
    From this org
    $0
    From related orgs
    $420,828
    Other
    $69,267
    Hours/week
    10 + 50 related

    Schedule J breakdown matched by us

    Base
    $339,692
    Bonus
    $60,000
    Other
    $21,136
    Deferred
    $38,719
    Nontaxable benefits
    $30,548
    Filer's total
    $490,095
  • Nancy Dellarocco

    President

    Total calculated
    $421,311
    From this org
    $0
    From related orgs
    $352,504
    Other
    $68,807

    Schedule J breakdown matched by us

    Base
    $271,482
    Bonus
    $60,000
    Other
    $21,022
    Deferred
    $38,435
    Nontaxable benefits
    $30,372
    Filer's total
    $421,311

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Part I Line 3
Directors and Officers are not compensated in their capacity as Directors and Officers of Harvard Business School Interactive, Inc. All compensation is paid by Harvard University for work performed for the University.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
14 May 2024
IRS schema version
2022v5.0
Source object
202401369349302865

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

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