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.
-
President & Fellows of Harvard College
Education Research · MA
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.
The source document this was parsed from is served over the API, which is where bulk and document access live.