2024-05-15T19:31:25-05:00 2023-06-30 111986323 MARCUM LLP 53 STATE STREET BOSTON MA 02109 990 2022-07-01 320486460 CRIMSON BUSINESS EDUCATION GROUP LTD CRIM 6172590804 59 SHEPARD STREET BOX 361 CAMBRIDGE MA 01238 ELIZABETH YANG PRESIDENT 6172590804 2024-05-15 1 ELIZABETH YANG 999009999 0 DOUGLAS FARRINGTON P00370668 6178075000 2024-05-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X HARVARD COLLEGE CONSULTING GROUP ELIZABETH YANG 59 SHEPARD STREET BOX 361 CAMBRIDGE MA 02238 1040038 0 X N/A X 2016 MA THE CRIMSON BUSINESS EDUCATION GROUP (CBE) IS DEDICATED TO PREPARING STUDENTS FROM DIVERSE ACADEMIC AND SOCIOECONOMIC BACKGROUNDS TO BE TALENTED, ETHICAL, AND PRODUCTIVE LEADERS IN THE RAPIDLY CHANGING BUSINESS WORLD. CBE ACHIEVES ITS MISSION THROUGH PRO BONO TRAINING SEMINARS, EDUCATIONAL CONFERENCES, BUSINESS COMPETITIONS, CORPORATE SPONSORSHIPS, AND STUDENT MENTORSHIP PROGRAMS. 14 9 0 122 0 0 0 0 1205442 1025868 12 5396 0 8774 1205454 1040038 93569 107190 0 0 0 0 0 0 0 762035 735981 855604 843171 349850 196867 1808569 2032018 131337 157919 1677232 1874099 X THE CRIMSON BUSINESS EDUCATION GROUP (CBE) IS DEDICATED TO PREPARING STUDENTS FROM DIVERSE ACADEMIC AND SOCIOECONOMIC BACKGROUNDS TO BE TALENTED, ETHICAL, AND PRODUCTIVE LEADERS IN THE RAPIDLY CHANGING BUSINESS WORLD. CBE ACHIEVES ITS MISSION THROUGH PRO BONO TRAINING SEMINARS, EDUCATIONAL CONFERENCES, BUSINESS COMPETITIONS, CORPORATE SPONSORSHIPS, AND STUDENT MENTORSHIP PROGRAMS. 0 0 664470 107190 1025868 THE CRIMSON BUSINESS EDUCATION GROUP (CBE) IS DEDICATED TO PREPARING STUDENTS FROM DIVERSE ACADEMIC AND SOCIOECONOMIC BACKGROUNDS TO BE TALENTED, ETHICAL, AND PRODUCTIVE LEADERS IN THE RAPIDLY CHANGING BUSINESS WORLD. CBE ACHIEVES ITS MISSION THROUGH PRO BONO TRAINING SEMINARS, EDUCATIONAL CONFERENCES, BUSINESS COMPETITIONS, CORPORATE SPONSORSHIPS, AND STUDENT MENTORSHIP PROGRAMS. DURING F/Y/E JUNE 30, 2023, THE CBE ISSUED SCHOLARSHIPS TO 79 INDIVIDUALS AND 26 GRANTS TO PROVIDE OTHER IMPORTANT ORGANIZATIONS WITH MORE RESOURCES TO HELP OTHERS. THE ORGANIZATION RECEIVES NO DIRECT FINANCIAL SUPPORT FOR ITS PROGRAM ACTIVITIES FROM HARVARD UNIVERSITY. 664470 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MA X HELEN HE 4144774367 59 SHEPARD STREET BOX 361 CAMBRIDGE MA 02138 X ELIZABETH YANG PRESIDENT - 07/22-12/22 10.00 X X 0 0 0 IRIS CHEN VICE PRESIDENT-07/22-12/22 & PRESIDENT 01/23-06/23 10.00 X X 0 0 0 BRAEDON PRICE DIRECTOR -07/22-06/23 10.00 X X 0 0 0 AUDREY VANDERSLICE DIRECTOR -07/22-06/23 10.00 X 0 0 0 HAILEY OLCOTT DIRECTOR -07/22-12/22 & TREASURER 01/23-06/23 10.00 X X 0 0 0 ZOREE JONES DIRECTOR - 07/22-12/22 10.00 X 0 0 0 ERIC SHEN DIRECTOR - 07/22-12/22 10.00 X 0 0 0 CHARLIE YANG DIRECTOR - 07/22-12/22 10.00 X 0 0 0 IRIS YAN DIRECTOR - 07/22-12/22 10.00 X 0 0 0 HELENA JIANG DIRECTOR -07/22-06/23 10.00 X 0 0 0 CHARLES MA DIRECTOR - 07/22-12/22 10.00 X 0 0 0 HELEN HE DIRECTOR - 07/22-12/22 10.00 X 0 0 0 JOEY LIU DIRECTOR - 07/22-12/22 10.00 X 0 0 0 ALEX FLEURY DIRECTOR - 01/23-06/23 10.00 X 0 0 0 LAUREN SHEN DIRECTOR - 01/23-06/23 10.00 X 0 0 0 LINDSEY CHAN DIRECTOR - 01/23-06/23 10.00 X 0 0 0 SPENCER TYSON DIRECTOR - 01/23-06/23 10.00 X 0 0 0 MARINA SANCHEZ DIRECTOR - 01/23-06/23 10.00 X 0 0 0 ANDREA FERNANDEZ DIRECTOR - 01/23-06/23 10.00 X 0 0 0 HENRY BAE DIRECTOR - 01/23-06/23 10.00 X 0 0 0 ELLIOT CHIN DIRECTOR - 01/23-06/23 10.00 X 0 0 0 WILL SCHREPFERMAN DIRECTOR -07/22-06/23 10.00 X 0 0 0 0 0 0 0 0 0 0 0 EVENT AND PROJECTS 541600 1025868 1025868 1025868 5396 5396 CREDIT CARD REWARD 541600 8774 8774 8774 1040038 1025868 0 14170 9170 9170 70740 70740 27280 27280 6182 6182 19328 19328 2234 2234 8689 2546 6143 201767 121060 80707 18556 18556 32782 13295 19487 85543 51326 34217 7995 7995 STUDENT NETWORKING AND 299860 299860 CASE RESOURCES 33800 33800 STUDENT BUSINESS EDUCAT 16837 16837 BANK FEES 1908 1908 500 500 843171 664470 178701 0 1140568 1306294 437459 545225 418184 273185 230542 144999 35500 1808569 2032018 276 8667 131061 149252 131337 157919 X 1677232 1874099 1677232 1874099 1808569 2032018 196867 0 X 0 0 0 X 84174 84174 797141 434088 992119 1205442 1025868 4454658 881315 434088 992119 1205442 1025868 4538832 84174 84174 707295 710600 1417895 84174 707295 710600 1502069 3036763 337 3054 1244 12 14170 18817 337 3054 1244 12 14170 18817 881652 437142 993363 1205454 1040038 4557649 0.66630 0.77980 0.00410 0.00100 X 418184 273185 144999 144999 DEFERRED RENT 70779 LEASE INCENTIVE LIABILITY 55659 OTHER 22814 149252 X PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION IS, HOWEVER, SUBJECT TO THE TAX ON UNRELATED BUSINESS INCOME, IF ANY SUCH INCOME EXISTS. THE ORGANIZATION HAD NO UNRELATED BUSINESS INCOME DURING THE YEAR ENDED JUNE 30, 2020. IN ADDITION, THE ORGANIZATION QUALIFIES FOR THE CHARITABLE DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A). THE ORGANIZATION RECOGNIZES AND MEASURES ITS UNRECOGNIZED TAX POSITIONS AND ASSESSES THE LIKELIHOOD, BASED ON THEIR TECHNICAL MERIT, THAT TAX POSITIONS WILL BE SUSTAINED UPON EXAMINATION BASED ON THE FACTS, CIRCUMSTANCES AND INFORMATION AVAILABLE AT THE END OF EACH PERIOD. THE MEASUREMENT OF UNRECOGNIZED TAX POSITIONS IS ADJUSTED WHEN NEW INFORMATION IS AVAILABLE, OR WHEN AN EVENT OCCURS THAT REQUIRES A CHANGE. INTEREST AND PENALTIES ASSOCIATED WITH UNRECOGNIZED TAX POSITIONS, IF ANY, WOULD BE CLASSIFIED AS INTEREST EXPENSE AND ADDITIONAL INCOME TAXES, RESPECTIVELY IN THE STATEMENT OF ACTIVITIES AND CHANGES IN NET ASSETS. THE ORGANIZATION HAS NOT IDENTIFIED ANY UNCERTAIN TAX POSITIONS AT JUNE 30, 2020. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY PERIODS PENDING OR IN PROGRESS. 1 0 0 0 0 0 0 0 0 0 AVAILABLE UPON REQUEST SCHOLARSHIP 1000 WIRE TRANSFER 0 FMV AVAILABLE UPON REQUEST SCHOLARSHIP 2000 WIRE TRANSFER 0 FMV AVAILABLE UPON REQUEST SCHOLARSHIP 1000 WIRE TRANSFER 0 FMV 3 0 SCHOLARSHIP AVAILABLE UPON REQUEST 20 23280 WIRE TRANSFER FMV 0 0 0 0 0 0 PART I, LINE 2: THE ORGANIZATION ITSELF DOES NOT MAINTAIN RECORDS REGARDING THE GRANTS TO MAINTAIN THE ANONYMITY OF THE RECIPIENTS. HOWEVER, THE ORGANIZATION MAINTAINS A RELATIONSHIP WITH AN ALUMNI COMMITTEE WHICH OVERSEES THE PROGRAM AND MAINTAINS THE RECORDS SUBSTANTIATING THE AMOUNT OF THE GRANTS, THE GRANTEES' ELIGIBILITY, AND THE SELECTION CRITERIA PART III ACCOUNTING METHOD: 1 SCHOLARSHIPS TO INDIVIDUALS 59 70740 PART I, LINE 2: THE ORGANIZATION DOES NOT HAVE ANY PROCEDURES FOR MONITORING THE USE OF FUNDS AFTER THEY ARE DISBURSED BUT ENSURES THAT ALL RECIPIENTS ARE REGISTERED CHARITABLE ORGANIZATIONS BROADLY ALIGNED WITH ITS MISSION FOR HELPING OTHERS. AVAILABLE UPON REQUEST 8 SCHOLARS ASSOCIATE DIRECTOR OF ORGANIZATION 12600 SCHOLARSHIP GRANT FORM 990, PART V, LINE 13A MA FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS EMAILED TO BOARD MEMEBERS VIA A CONFIRM RECEIPT EMAIL. THE ORGANIZATION'S BOARD MEMBERS REVIEW THE FORM 990 FORM 990, PART VI, SECTION B, LINE 12C MEMBERS OF THE ORGANIZATION'S LEADERSHIP TEAM ARE REQUIRED TO DISCLOSE CONFLICTS OF INTEREST EACH SEMESTER. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS REQUIRED BY LAW ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.