Overview
What is Harvard Student Agencies Inc?
Harvard Student Agencies Inc, established in 1957, is a Massachusetts-based nonprofit organization primarily dedicated to supporting financially struggling students at Harvard University. They conduct various business enterprises, including distribution services, cleaning services, tutoring, and development agencies, among others. The revenue generated from these ventures helps provide financial assistance to these students, while employing them in the process. Additionally, the organization contributes to Harvard University's educational program, ensuring its primary focus remains on benefiting the students, faculty, and employees of the university. With a total workforce of 395 individuals, Harvard Student Agencies Inc plays a vital role in supporting the educational journey of its students.
Official website here: www.hsa.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
Harvard Student Agencies Inc has received a Three-Star rating from Charity Navigator, indicating a decent level of accountability and finance management. The overall rating is derived from their Accountability & Finance score of 76%, which reflects their fiscal responsibility and adherence to certain financial standards. However, the charity has some areas for improvement, particularly in governance practices.
The organization demonstrates strong financial oversight, with no reported material diversion of assets and a favorable liabilities to assets ratio of 7.53%. The majority of their expenses are directed towards programs, with a program expense ratio of 76.73%, indicating that they prioritize their mission effectively. However, the charity's governance is notably lacking, as they have missing policies for conflict of interest, whistleblowing, and document retention, which could pose risks in transparency and accountability.
Additionally, while the board comprises independent members, only 29% are independent, which may limit diverse perspectives in decision-making. The absence of some required disclosures, such as their tax form on the website, further highlights governance shortcomings that the organization needs to address to enhance its credibility and trustworthiness with stakeholders.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Harvard Student Agencies Inc?
94% of the 31 reviewers on Facebook recommend Harvard Student Agencies Inc. Here is a summary of their reviews:
Many reviewers praise the organization for its impressive array of job opportunities and services tailored specifically for Harvard students. The positive feedback highlights a well-structured environment that promotes entrepreneurship and professional growth. Employees express enthusiasm and satisfaction about their roles, pointing out the supportive community and the valuable experiences they gain through their involvement.
Overall, it seems that Harvard Student Agencies Inc. successfully meets the needs of its members, fostering a sense of pride and accomplishment among its workforce. The organization is recognized for its strong commitment to helping students thrive in their professional pursuits.
This AI summary has been generated from reviews found on Facebook.
Is Harvard Student Agencies Inc legitimate?
Harvard Student Agencies Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Harvard Student Agencies Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $136,869
Professional Fundraising Fees: $0
Other Salaries and Wages: $802,863
For more financial information, click here
Official website here: www.hsa.net
What is the mission statement of Harvard Student Agencies Inc?
Harvard Student Agencies Inc was established with a mission to conduct business enterprises, primarily for the benefit and convenience of students, faculty members, and employees at Harvard University. The organization was incorporated under Massachusetts law in 1957 with the aim of providing financial assistance to students who need help covering their educational expenses. The enterprise employs these students in its operations and contributes to enhancing the educational program at Harvard University. Notably, the income from these business enterprises is considered exempt, except when goods and services are provided to the general public. The activities of Harvard Student Agencies Inc are governed by the control of the faculty members, administrative personnel, and students of Harvard University through its board of directors.
Official website here: www.hsa.net
Who is the CEO of Harvard Student Agencies Inc?
Todd Brisky is the General Mgr/Ceo of Harvard Student Agencies Inc. The CEO's salary of Harvard Student Agencies Inc is $50,110 and their total compensation is $77,057.
Official website here: www.hsa.net
What is the revenue of Harvard Student Agencies Inc?
Harvard Student Agencies Inc's revenue in 2023 was $2,583,060.
Official website here: www.hsa.net
Who are the executives of Harvard Student Agencies Inc and what are their salaries?
The average compensation at Harvard Student Agencies Inc during 2023 was $2,379. There are 395 employees at Harvard Student Agencies Inc.
Here are 24 key members and their salaries (Harvard Student Agencies Inc's CEO's salary is $50,110 and their total compensation is $77,057):
- Compensation: $50,110
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- Other: $26,947
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- Compensation: $7,062
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- Compensation: $5,765
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- Compensation: $30,007
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- Other: $16,977
Official website here: www.hsa.net
Where can I find the form 990 for Harvard Student Agencies Inc?
Harvard Student Agencies Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.hsa.net
Learn more at the official website: www.hsa.net
Mission Statement of Harvard Student Agencies Inc
Harvard Student Agencies Inc, established in 1957, was incorporated with a primary mission to conduct business enterprises for the benefit of students at Harvard University who require financial assistance to cover their educational expenses. The organization aims to employ these students in the operation of these enterprises, ensuring that its activities primarily serve the needs and convenience of the students, faculty members, and employees of Harvard University, under the control of its board of directors. Harvard Student Agencies Inc also intends to contribute to and further the educational program of Harvard University. Notably, the income generated from these business enterprises is considered exempt, except in instances where goods and services are provided to the general public.
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Impact
July, 2024
Harvard Student Agencies Inc operates various business enterprises to benefit financially challenged students at Harvard University. These enterprises generate revenue to defray education expenses for students. The organization provides employment opportunities for students and contributes to the educational program at Harvard University. Through its diverse agencies, such as distribution services, tutoring, and academy, Harvard Student Agencies Inc has a direct impact on supporting students in need and promoting educational opportunities within the university community.
This information is meant to be a general summary of Harvard Student Agencies Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: -$12,664
- Program Service Revenue: $2,505,660
- Gross Receipts: $3,130,365
Assets and Liabilities:
- Total Assets: $11,184,161
- Total Liabilities: $842,936
- Net Assets: $10,341,225
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CLEANERS AGENCY
Revenue
$1,031,151
ACADEMY
Revenue
$860,964
TUTORING
Revenue
$438,352
CAMPUS INSIGHTS
Revenue
$100,210
DISTRIBUTION SERVICES AGENCY
Revenue
$35,566
Organization Details
Founding Year
1957
Phone
(617) 495-3030Principal Officer
Todd Brisky
Main Address
67 MT AUBURN STREET, CAMBRIDGE, MA, 02138
Website
www.hsa.netNTEE Category
Code: B8XZ - Education
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