Harvard Business School Association of Northern California Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THIS ALUMNI ASSOCIATION ALLOWS MEMBERS TO STAY IN TOUCH WITH FELLOW ALUMNI, FURTHER THEIR PROFESSIONAL TRAINING AND PARTICIPATE IN COMMUNITY PARTNERS PROGRAMS.
- Income
- $584,188
- Spending
- $547,121
- Spent on programs
- 59%
- Reserves
- 13.9 months of spending
- Largest source of income
- fees for its services, 74%
- Employees
- 4
- Volunteers
- 80
- Highest pay
- $81,250, executive dir.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 93 out of 100. Higher than 74% of charities in its peer group (education, $250k to $1m).
Reserves
35 of 35Spendable reserves would cover 13.9 months of spending.
Debt
20 of 20It owes 13% of what it owns.
Living within its means
15 of 15Income exceeded spending by 6% of income.
Income trend
15 of 15Income rose 85% on the year before.
Spending floor
8 of 1559% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 51 out of 100. Higher than 23% of charities in its peer group (education, $250k to $1m).
Independent board
25 of 2515 of 15 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (9)
- $211,208 spent. BAY AREA PROGRAMS: EDUCATIONAL PROGRAMS FOR MEMBERS IN THE BAY AREA.
- $61,322 spent. ENTERPRENEUR DINNER EXPENSES
- $30,000 spent. INTERNSHIPS/SCHOLARSHIPS: SCHOLARSHIPS FUND WERE USED TO SPONSOR NON-PROFIT LEADERS ATTENDING EXECUTIVE EDUCATION PROGRAM IN NON-PROFIT MANAGEMENT IN HARVARD BUSINESS SCHOOL.
- $10,699 spent. NEW VENTURE COMPETITION: PARTNERSHIP WITH HARVARD BUSINESS SCHOOL TO SOLICIT NEW VENTURES INITIATIVE THROUGH THE BUSINESS PLAN WRITING COMPETITION.
- $8,736 spent. HBS ANGEL EXPENSES
- $2,700 spent. STARTUP PARTNERS EXPENSES
- COMMUNITY PARTNERS: THIS PROGRAM OFFERS THE COMMUNITY PARTNERS PRO BONO CONSULTING PROGRAM THAT PROVIDES ALUMNI THE OPPORTUNITIES TO WORK WITH BAY AREA NON-PROFIT ORGANIZATIONS ON CHALLENGING AND WORTHWHILE BUSINESS PROJECTS. IT ALSO MENTORS YOUTH COMPETING IN BUSINESS PLAN COMPETITIONS, VOLUNTEER IN SAN FRANCISCO PUBLIC SHCOOL AND PARTICIPATE IN ONE-DAY EVENTS. IT ALSO OFFERS SCHOLARSHIPS TO NON-PROFIT LEADERS AROUND BAY AREA TO ATTEND THE EXECUTIVE EDUCATION PROGRAM IN NON-PROFIT MANAGEMENT IN BOSTON IN JULY.
- MONTHLY NEWS LETTER: PUBLISHED MONTHLY NEWSLETTER THAT WAS DISTRIBUTED TO MEMBERS AND GUESTS. NEWSLETTER ALSO INCLUDES A JOB LISTING SERVICE.
- DONATIONS: DONATIONS WERE MADE TO HARVARD BUSINESS SCHOOL AND OTHER NON-PROFIT ORGANIZATIONS.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since January 1975.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.