Hbs Alumni Angels of Greater New York LLC
Public records raise at least one point you should look into before giving.
What it says it does
TO PROVIDE AN EDUCATIONAL AND NETWORKING FORUM FOR HARVARD ALUMNI WHO ARE INTERESTED IN RESEARCHING AND INVESTING IN EARLY STAGE COMPANIES ON AN INDIVIDUAL BASIS.
- Income
- $71,447
- Spending
- $70,761
- Employees
- 0
- Volunteers
- 14
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. How we rate
Governance
This return does not answer enough of the governance questions to score.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. 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 (1)
- See Schedule O for information on the programmatic activities of the organization. HBS Alumni Angels started in 2007 as a special interest group of the HBS Alumni Association of Northern California. Similar groups formed around the world and HBS Alumni Angels became a global alumni organization in December 2010. Internationally, HBS Alumni Angels members have invested in over 100 companies since 2007. Today, the HBS Alumni Angels organization is comprised of Harvard alumni interested in investing in high-potential early stage companies. HBS Alumni Angels is open to all Harvard alumni and others affiliated with the university, not just HBS graduates. As the New York Chapter of HBS alumni Angels, we work to achieve the goals of the organization including: - providing long lasting relationships with Harvard alumni and Harvard overall for fundraising, governance and promotion of entrepreneurship and angel investing that is critical to establishment of Harvard as a leader in entrepreneurship -providing on-going education opportunities via seminars and events relevant to Harvard angels interested in angel investing -providing relationship building between current Harvard students and Harvard alumni with an interest in early stage ventures and angel investing -providing mentoring and judging for business plans in the student and alumni business plan competitions -establishing HBS angels as the leading point of contact for interaction with Harvard on matters relevant to angel investing and entrepreneurship -establishing a financially sound, self-sustaining organization that will be a long-time contributor to Harvard, entrepreneurship and angel investing
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. 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)(6) business league.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Worth knowing.
Status was revoked on November 15, 2017 for not filing returns for three years, and reinstated on November 15, 2017.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Caution.
The IRS master file records contributions to this 501(c)(6) business league as not deductible.
Source: Exempt Organizations Business Master File, 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 July 2021.
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.