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Nonprofiteer
← HARVARD INDEPENDENT INC

Form 990 for tax year 2023

Filed by HARVARD INDEPENDENT INC.

Totals

Total revenue
$224,666
Total expenses
$82,453
Contributions and grants received
$202,680
Grants paid
$0
Program service revenue
$4,878
Investment income
$17,108
Other revenue
$0
Total assets, end of year
$736,789
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$736,789
Program services expenses (Part IX)
$72,144
Management and general expenses
$6,512
Fundraising expenses
$3,797
Program service expenses (Part III)
$72,144

Program services were 87.5% 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.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $3,465

  • 1f · All other contributions, gifts and grants

    $199,215

  • 2a · Program service revenue: MISCELLANEOUS

    total $4,878 · related or exempt $4,878

  • 3 · Investment income

    total $17,108 · excluded $17,108

  • 8c · Net income from fundraising events

    total $0

Functional expenses

Part IX, the statement of functional expenses.

  • 11c · Fees: accounting

    total $5,412 · management and general $5,412

  • 13 · Office expenses

    total $3,654 · program services $1,454 · fundraising $2,200

  • 14 · Information technology

    total $2,034 · program services $2,034

  • 16 · Occupancy

    total $44,067 · program services $44,067

  • 19 · Conferences, conventions and meetings

    total $2,271 · program services $1,416 · fundraising $855

  • 23 · Insurance

    total $488 · program services $488

  • 24a · Other expenses: Bank & CC Fees

    total $757 · management and general $15 · fundraising $742

  • 24b · Other expenses: Licenses & other fees

    total $85 · management and general $85

  • 24c · Other expenses: PRINTING COSTS

    total $19,982 · program services $19,982

  • 24d · Other expenses: SHIPPING

    total $2,703 · program services $2,703

  • 24e · All other expenses

    total $1,000 · management and general $1,000

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $38,272 · end of year $81,696

  • 2 · Savings and temporary cash investments

    beginning of year $46,279 · end of year $49,160

  • 11 · Investments: publicly traded securities

    beginning of year $431,297 · end of year $598,180

  • 15 · Other assets

    beginning of year $7,753 · end of year $7,753

  • 27 · Net assets without donor restrictions

    beginning of year $523,601 · end of year $736,789

Mission and programs · 2023

Mission

A STUDENT RUN WEEKLY MAGAZINE FREE TO HARVARD STUDENTS.

Activities or mission (Part I)

A STUDENT RUN WEEKLY MAGAZINE FREE TO HARVARD STUDENTS

  • THE HARVARD INDEPENDENT,INC. PUBLISHED SEVERAL ISSUES CONSISTING OF

    Expenses $72,144 · Revenue $4,878

  • NA

  • NA

As filed on the 2023 return.

Listed in Part VII

  • MARK PELOFSKY

    TREASURER

    Total calculated
    $0
    Hours/week
    2
  • WILL RECKLER

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2

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
2023
Filed
20 March 2024
IRS schema version
2023v6.0
Source object
202513189349301591

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