Harvard Business School Club of Houston
Nonprofit profile at a glance
- EIN
- 760272020
- IRS 990-EZ coverage
- 2013–2024
- Forms available
- Form 990-EZ 2024
- Location
- Houston, TX, USA
- Phone
- 2812011910
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Alumni Associations
Reported finances
- Revenue
- $149,620
- Expenses
- $141,159
- Assets
- $241,733
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- ANDREW LEONPACHER (PRESIDENT)
- JONAS GEORGSSON (EXECUTIVE VICE PRESIDENT)
People named in this filing
- ANDREW LEONPACHER (PRESIDENT)
- BENJAMIN FIGARD (TREASURER)
- JONAS GEORGSSON (EXECUTIVE VICE PRESIDENT)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Form 990-ez, part iii, primary exempt purpose - the harvard business school club of houston (the club) is a not-for-profit corporation created to advance the mutual welfare of harvard business school (hbs) and its alumni. This is accomplished by: (a) providing opportunities for alumni to remain connected to the school and each other, (b) encouraging life-long learning, intellectual enchrichment, professional growth and social interaction through forums of continuing education and development and (c) providing opportunities for alumni to meet and serve as advocates, helping to promote and elevate the stature of the school within the community through club programming.
What it reported doing in 2024
Educational speaker series(luncheons with business, academic and civic leaders); breakfast networking forums; and social events.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 74
- Transparency & Controls: 100
- Sustainability: 62
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 73.2%; rating input score 73
- Program expense ratio: 77.4%; rating input score 77
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 5.7%; rating input score 49; 49th percentile among comparable filings
- Total-asset coverage ratio: 1.71; rating input score 76; 76th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 5.3% per year; rating input score 100; 48th percentile among comparable filings
- Revenue growth: 8.5% per year; rating input score 100; 62nd percentile among comparable filings
- Asset growth: 14.1% per year; rating input score 100; 71st percentile among comparable filings
Details
- Where the money goes: 73.2% of revenue deployed · 77.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $109K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 11 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Operating margin scored 49/100.