Overview
What is Harvard Club Of Minnesota?
The Harvard Club of Minnesota is a nonprofit organization located at 3244 31st Avenue S, Minneapolis, MN 55406. Their mission is to promote and administer educational projects in support of Harvard University. To achieve this, they organize events to raise awareness about early college opportunities and financial aid at Harvard, aiming to ensure that all students graduate high school career or college ready. As part of this effort, they donate Harvard Prize Books to numerous high schools across Minnesota. By doing so, the Harvard Club of Minnesota contributes to the national agenda of preparing students for higher education and success.
Official website here: www.hcminnesota.clubs.harvard.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Stars)
The Harvard Club of Minnesota has earned a Three-Star rating from Charity Navigator, reflecting a moderate level of accountability and financial health. The score is primarily based on its Accountability & Finance metrics, where the organization scored 76%. This rating indicates a generally responsible management of funds and resources, with a strong emphasis on transparency and governance practices.
Strengths of the organization include a fully independent board with all ten members meeting the independence criteria, as well as having no material diversion of assets. The club also scored well in several areas, such as maintaining proper documentation of board meeting minutes and a favorable liabilities to assets ratio of 0.00%, which suggests a solid financial standing. The program expense ratio of 79.43% indicates that a significant portion of expenses goes directly to its programs, which is a positive signal for donors.
However, there are notable limitations regarding governance policies, as the organization lacks a conflict of interest policy, whistleblower policy, and document retention and destruction policy, which received zero points. These missing elements could raise concerns about the overall governance framework and risk management practices of the organization. Despite these shortcomings, the Harvard Club of Minnesota demonstrates a commitment to accountability in certain aspects of its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Harvard Club Of Minnesota legitimate?
Harvard Club Of Minnesota is a legitimate nonprofit organization registered as a 501(c)(3) entity. Harvard Club Of Minnesota 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.
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For more financial information, click here
Official website here: www.hcminnesota.clubs.harvard.edu
What is the mission statement of Harvard Club Of Minnesota?
The Harvard Club of Minnesota's mission is centered around promoting and administering educational projects to support Harvard University. They carry out this mission by organizing events that boost early college awareness, emphasizing Harvard as an institution offering financial aid and the necessary support for students to thrive academically. These initiatives align with the national agenda, aiming for all high school students to graduate career or college ready. Furthermore, the club donates Harvard Prize Books to the majority of high schools in Minnesota, contributing to educational enrichment.
Official website here: www.hcminnesota.clubs.harvard.edu
Who is the CEO of Harvard Club Of Minnesota?
Jordon Weatherby is the Principal Officer of Harvard Club Of Minnesota.
Official website here: www.hcminnesota.clubs.harvard.edu
What is the revenue of Harvard Club Of Minnesota?
Harvard Club Of Minnesota's revenue in 2023 was $36,792.
Official website here: www.hcminnesota.clubs.harvard.edu
Who are the executives of Harvard Club Of Minnesota and what are their salaries?
There 10 volunteers at Harvard Club Of Minnesota.
Here are 10 key members and their salaries:
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Official website here: www.hcminnesota.clubs.harvard.edu
Where can I find the form 990 for Harvard Club Of Minnesota?
Harvard Club Of Minnesota's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.hcminnesota.clubs.harvard.edu
Learn more at the official website: www.hcminnesota.clubs.harvard.edu
Mission Statement of Harvard Club Of Minnesota
The Harvard Club of Minnesota is dedicated to advancing and overseeing educational initiatives that support Harvard University. This mission involves sponsoring events to foster early college awareness and emphasize that Harvard is a school that offers financial aid and personal support for students, enabling them to attend and succeed. These endeavors align with the national objective of ensuring that all high school students graduate career or college ready. In addition to this, the club donates Harvard Prize Books to the majority of high schools in Minnesota. This contribution serves to inspire and motivate students, encouraging them to pursue higher education and aspirations. Through these activities, the Harvard Club of Minnesota plays a significant role in supporting the educational goals of Harvard University and fostering academic growth within Minnesota's student population.
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Impact
August, 2024
The Harvard Club of Minnesota's impact is substantial in promoting and administering educational projects that support Harvard University. By sponsoring events to raise early college awareness and dispel misconceptions about Harvard's accessibility through financial aid and personal support, the club plays a crucial role in advancing the national agenda of ensuring all students graduate high school career or college ready. Additionally, the donation of Harvard Prize Books to numerous high schools in Minnesota further underscores the club's commitment to supporting educational initiatives in the state. The club's efforts align with its mission to promote and administer educational projects that benefit Harvard University and contribute to the broader field of education.
This information is meant to be a general summary of Harvard Club Of Minnesota. 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: $257
- Program Service Revenue: $4,420
- Gross Receipts: $36,792
Assets and Liabilities:
- Total Assets: $57,394
- Total Liabilities: $0
- Net Assets: $57,394
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$4,420
Organization Details
Founding Year
1914
Phone
(612) 554-1378Principal Officer
Jordon Weatherby
Main Address
3244 31ST AVE S, Minneapolis, MN, 55406
NTEE Category
Code: B03 - Education
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