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The Harvard Independent Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 042456752 ✦ Scottsdale, AZ ✦ Designated as a 501(c)(3)

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Overview

What is The Harvard Independent Inc?

The Harvard Independent Inc, located at 12 Arrow Street Suite 111, Cambridge, MA 02138, serves as a student-led weekly magazine. This nonprofit organization distributes hundreds of student-written, edited, and published articles to the entire Harvard University community, completely free of charge. As a student-run publication, it plays a significant role within the Harvard community, fostering an environment for academic discourse and expression.


Official website here: www.harvardindependent.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement, 65%, Two-Star out of Four Star rating. The Harvard Independent Inc has received a low overall score, reflecting concerns in key areas of accountability and finance. Although the organization has a fully independent board and no material diversion of assets, other governance practices are lacking, particularly regarding conflict of interest and whistleblower policies.

The organization's strengths include a high program expense ratio and a favorable liabilities to assets ratio, indicating effective use of resources in its programming and a stable financial position. Additionally, the board's documentation practices are satisfactory, as evidenced by the availability of meeting minutes and the posting of tax forms on its website.

However, significant weaknesses in governance policies like the absence of a conflict of interest policy and inadequate whistleblower protections raise questions about transparency and risk management. These factors contribute to the overall "Needs Improvement" rating and suggest areas for necessary development for the organization to enhance its accountability and operational practices.


This AI summary has been generated from information found on Charity Navigator.

Is The Harvard Independent Inc legitimate?

The Harvard Independent Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Harvard Independent 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.harvardindependent.com

What is the mission statement of The Harvard Independent Inc?

The Harvard Independent Inc, as a student-run entity, produces a weekly magazine that is freely accessible to all Harvard University students. The primary objective of this publication is to serve as a platform for student-authored, edited, and published articles. The magazine, which has seen numerous issues filled with hundreds of contributions, aims to provide the entire Harvard community with a diverse array of perspectives on various topics. The Harvard Independent Inc's mission can be summarized as fostering intellectual discourse and promoting student expression within the Harvard University community.


Official website here: www.harvardindependent.com

What is the revenue of The Harvard Independent Inc?

The Harvard Independent Inc's revenue in 2024 was $107,119.


Official website here: www.harvardindependent.com

Who are the executives of The Harvard Independent Inc and what are their salaries?

There 55 volunteers at The Harvard Independent Inc.

Here are 2 key members and their salaries:


Mark Pelofsky (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Will Reckler (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.harvardindependent.com

Where can I find the form 990 for The Harvard Independent Inc?

The Harvard Independent Inc's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.harvardindependent.com

Learn more at the official website: www.harvardindependent.com

Mission Statement of The Harvard Independent Inc

The Harvard Independent Inc, a student-run entity, serves as a weekly magazine, generously distributed at no cost to the entire Harvard University student community. At its core, this organization's mission is to provide a platform where students can express their thoughts, ideas, and perspectives through writing, editing, and publishing articles. This weekly publication is a testament to the collective intellectual prowess and creativity of the Harvard University student body. The Harvard Independent Inc plays a significant role in fostering an open and engaging dialogue within the university community, providing students with a space to share their voices and engage with the wider campus on various topics.

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Impact




August, 2024

The Harvard Independent Inc's impact is significant as it provides a platform for Harvard University students to showcase their writing, editing, and publishing skills through a weekly magazine distributed free of charge to the entire Harvard community. By publishing hundreds of student-written articles on various topics, The Harvard Independent Inc not only fosters creativity and expression among students but also enriches the academic and cultural environment at the university. Additionally, as a student-run publication, it offers valuable experience in journalism and media to its contributors, helping them develop important skills for their future careers.




This information is meant to be a general summary of The Harvard Independent 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.

Revenue
$107,119 (2024)
Expenses
$100,460 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $27,968
  • Program Service Revenue: $10,157
  • Gross Receipts: $107,119

Assets and Liabilities:

  • Total Assets: $523,601
  • Total Liabilities: $0
  • Net Assets: $523,601

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Miscellaneous

Revenue

$10,157

Organization Details

Founding Year

1969

Principal Officer

Mark Pelofsky

NTEE Category

Code: A33Z - Arts

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