2026-02-17T15:13:22-06:00 2025-06-30 331374517 PKF O'CONNOR DAVIES ADVISORY LLC 245 PARK AVENUE 12TH FLOOR NEW YORK NY 10167 990 2024-07-01 133568672 HARLEM EDUCATIONAL ACTIVITIES FUND INC HARL 2126639732 2090 ADAM CLAYTON POWELL BLVD NEW YORK NY 10027 DEIRDRE BENNETT CHIEF FINANCE & ADMIN. OFFICER 2126639732 2026-02-17 1 1 EVA MRUK P00543254 2122862600 2026-02-17 2024 2025-03-06 01:10:19Z DEIRDRE BENNETT 2090 ADAM CLAYTON POWELL BLVD NEW YORK NY 10027 2448741 0 X HTTPS://HEAF.ORG/ X 1990 DE HEAF IS AN INSPIRING COLLEGE PREP AND YOUTH DEVELOPMENT ORGANIZATION, OFFERING ENGAGING AFTERSCHOOL AND SUMMER PROGRAMS, PLUS VALUABLE COLLEGE ACCESS WORKSHOPS THROUGH COLLABORATIVE PARTNERSHIPS. 19 19 34 145 0 0 3010575 2045338 0 0 49419 27380 -151377 -105323 2908617 1967395 25900 30400 0 0 2189156 1825678 84000 97200 422428 1312525 1346883 3611581 3300161 -702964 -1332766 5320497 3586039 3556757 3157101 1763740 428938 X FOR MORE THAN 30 YEARS, HEAF HAS DELIVERED HIGH-QUALITY, TUITION-FREE ACADEMIC ENRICHMENT AND CAREER READINESS PROGRAMMING FOR YOUTH FROM UNDER-RESOURCED COMMUNITIES IN NEW YORK CITY. OUR PROVEN PIPELINE SUPPORTS STUDENTS FROM MIDDLE SCHOOL THROUGH COLLEGE AND INTO CAREERS, CONT'D.ENSURING THEY HAVE THE SKILLS, CONFIDENCE, AND NETWORKS TO ACHIEVE LONG-TERM ECONOMIC MOBILITY. 0 0 882622 30400 0 HEAF PROVIDED AFTERSCHOOL PROGRAMS AT OUR LOCATION AND VIA ZOOM TO STUDENTS IN 6TH TO 12 GRADES. MIDDLE SCHOOL PROGRAMMING ELECTIVES FOCUSED ON THE TRANSITION TO HIGH SCHOOL. HEAF'S 9TH TO 11TH GRADERS CONCENTRATED ON SAT PREPARATION, LEARNING FOR SOCIAL AND GLOBAL IMPACT (LSGI), AS WELL AS ELECTIVE COURSES SUCH AS THE INDUSTRY IMMERSION PROGRAM AND THE CIVIC LIFE COURSE. THE 12TH GRADERS FOCUSED ON COLLEGE READINESS AND INDEPENDENT LIVING WORKSHOPS. STUDENTS ARE REQUIRED TO ATTEND A MINIMUM OF TWO DAYS OF PROGRAMMING PER WEEK DURING THE FALL AND SPRING SEMESTERS. 864051 0 0 HEAF COMMUNITY DEEPENS ENGAGEMENT THROUGH OPEN-ACCESS EVENTS AND PARTNERSHIPS WITH LOCAL ORGANIZATIONS THAT PROMOTE ENROLLMENT AND FAMILY CONNECTIONS. THE PROGRAM PROVIDED EDUCATION AND RESOURCES TO PARENTS, FAMILIES, AND POTENTIAL STUDENTS, HOSTING 23 DYNAMIC EVENTS IN FY 25. 848260 0 0 HEAF LAUNCHED A PILOT PROGRAM IN THE FALL TO BRING ITS COLLEGE ACCESS PROGRAMMING DIRECTLY INTO SCHOOLS AND COMMUNITY-BASED ORGANIZATIONS. THE HEAF INSPIRE INITIATIVE EXTENDS THE CORE MISSION OF THE HARLEM EDUCATIONAL ACTIVITIES FUND (HEAF) TO PARTNER SCHOOLS AND COMMUNITY-BASED ORGANIZATIONS. SERVICES PROVIDED BY HEAF INCLUDED SOCIO-EMOTIONAL LEARNING, COLLEGE APPLICATION SUPPORT, AND CAREER EXPOSURE. IN THE SPRING, HEAF LAUNCHED A PILOT PROGRAM IN COLLABORATION WITH A PUBLIC SCHOOL, OFFERING COLLEGE- AND CAREER-READINESS WORKSHOPS WITH AN EMPHASIS ON SOCIAL AND EMOTIONAL LEARNING FOR 5TH GRADERS. 2594933 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 10 0 34 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X X DEIRDRE BENNETT 2126639732 2090 ADAM CLAYTON POWELL BLVD NEW YORK NY 10027 DANIEL ROSE FOUNDER AND CHAIR EMERITUS 0.80 X X 0 0 0 ALEXANDRA ALGER CHAIR/TRUSTEE THRU JUN 2024 1.50 X X 0 0 0 KARLA MALOOF CHAIR THRU JUN 2024 1.50 X X 0 0 0 DAVE WILDMAN VICE CHAIR 1.50 X X 0 0 0 JOSEPH DIMONDI TREASURER THRU NOV 2024 0.80 X X 0 0 0 ALLISON ALLEN TRUSTEE 0.80 X 0 0 0 CECIL BROOKS JR TRUSTEE 0.80 X 0 0 0 HARIN DE SILVA TRUSTEE 0.80 X 0 0 0 GIRI GURURAJA TRUSTEE 0.80 X 0 0 0 FERN KHAN TRUSTEE 0.80 X 0 0 0 JONATHAN KNIPE TRUSTEE THRU DEC 2024 0.80 X 0 0 0 BRETT MCCOLLOUGH TRUSTEE 0.80 X 0 0 0 EVELYN PEREZ-ALBINO TRUSTEE 0.80 X 0 0 0 ERIC RAHE TRUSTEE 0.80 X 0 0 0 MARIA RODRIGUEZ TRUSTEE 0.80 X 0 0 0 GLADYS PALMA DE SCHRYNEMAKERS TRUSTEE 0.80 X 0 0 0 BENJAMIN K SEMEL TRUSTEE 0.80 X 0 0 0 CALVIN SIMS TRUSTEE 0.80 X 0 0 0 COLETTE G SMITH TRUSTEE 0.80 X 0 0 0 NEIL DEGRASSE TYSON PHD TRUSTEE 0.80 X 0 0 0 SHAUN WATERS TRUSTEE 0.80 X 0 0 0 DEIRDRE BENNETT CHIEF FINANCE & ADMIN. OFFICER 35.00 X 173121 0 38001 MICHAEL C JOHNSON PRESIDENT & CEO 35.00 X 268014 0 54792 SAMANTHA MORENO CHIEF PROGRAMS OFFICER THRU SEPT 2024 35.00 X 115026 0 12712 MEGAN ANNE CAMPBELL CHIEF DEV./EXT. REL. OFF. THRU SEPT 2024 35.00 X 143236 0 244 699397 0 105749 4 0 1 0 JVCOMMS INC 1 BRIDGE STREET IRVINGTON NY 105331550 PUBLIC RELATIONS 139200 1 686136 938 1358264 9641 2045338 28029 28029 3625 3456 169 169 169 255065 255714 -649 -649 -649 108353 686136 222176 -113823 -113823 MISCELLANEOUS 900099 8331 8331 8331 1967395 0 0 -77943 30400 30400 518002 403338 51800 62864 1011538 914157 27615 69766 158878 142688 4567 11623 137260 118562 6826 11872 28010 28010 97200 97200 282514 129348 57567 95599 139200 139200 58270 26873 10642 20755 9939 7951 1292 696 651211 520709 84979 45523 69565 69565 7247 3053 3204 990 30495 24397 3964 2134 44528 39964 1158 3406 STUDENT PROGRAM EXPENSE 23928 23928 PROFESSIONAL DEVELOP. 1976 800 1176 3300161 2594933 282800 422428 93682 116319 985613 491376 928508 120292 131970 133116 451719 331984 150230 119735 19496 16440 3010998 2588761 5320497 3586039 188540 238607 3368217 2918494 3556757 3157101 X 870524 -247181 893216 676119 1763740 428938 5320497 3586039 -1332766 -2036 0 X X 0 1 X 1 0 X 3859674 3922030 3174828 3010576 2045338 16012446 3859674 3922030 3174828 3010576 2045338 16012446 2640963 13371483 13438 2130 41096 49453 31654 137771 2618 3931 16152 8331 31032 16181249 0.82640 0.84700 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2021 AMOUNT: $ 2,618. 2022 AMOUNT: $ 3,931. 2023 AMOUNT: $ 16,152. 2024 AMOUNT: $ 8,331. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 103200 103200 103200 518 518 103200 103200 250 250 103200 103200 40 40 103200 103200 60 60 103200 0 0 127151 80369 46782 324568 251615 72953 119735 SECURITY DEPOSITS 22360 OTHER RECEIVABLES 8843 RIGHT-OF-USE ASSETS - OPERATING LEASES, NET 2557558 2588761 OPERATING LEASE LIABILITIES 2918494 2918494 X 1996907 -2036 125292 3456 126712 1870195 97200 97200 1967395 3331709 125292 3456 128748 3202961 97200 97200 3300161 PART V, LINE 4: HEAF MAINTAINS ASSETS THAT ARE LIMITED IN THEIR USE BY DONOR-IMPOSED RESTRICTIONS AND RESTRICTED FOR INVESTMENT IN PERPETUITY. THE INCOME AND GAINS FROM INVESTMENT OF THESE FUNDS ARE AVAILABLE TO SUPPORT THE OPERATIONS AND VARIOUS PROGRAMS OF HEAF. PART X, LINE 2: HEAF RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT HEAF HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. HEAF IS NO LONGER SUBJECT TO FEDERAL, STATE, OR LOCAL TAX EXAMINATIONS BY TAXING AUTHORITIES FOR YEARS PRIOR TO FISCAL 2022. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES, FORM 990, PART VIII, LINE 6B 3,456. PART XI, LINE 4B - OTHER ADJUSTMENTS: PROFESSIONAL FUNDRAISER EXPENSES, FORM 990, PART IX, LINE 11E 97,200. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES, FORM 990, PART VIII, LINE 6B 3,456. PART XII, LINE 4B - OTHER ADJUSTMENTS: PROFESSIONAL FUNDRAISER EXPENSES, FORM 990, PART IX, LINE 11E 97,200. X X X X X X X 1 POWERED BY PROFESSIONALS INC 11 RICHARD DRIVE SHORT HILLS NJ 07078 FUNDRAISING AND PRODUCTION OF ANNUAL GALA AND SPRING SOIREE 0 780895 97200 683695 780895 97200 683695 NY ANNUAL GALA 779146 680821 98325 143976 29906 33773 SPRING SOIREE 15343 5315 10028 13373 1148 794489 686136 108353 157349 29906 34921 222176 -113823 SCHEDULE G, PART I, LINE 2B, COLUMN (V) THE AGREEMENT WITH POWERED BY PROFESSIONALS, INC. PROVIDES FOR PAYMENT OF FEES FOR SERVICES ON A MONTHLY BASIS, AS WELL AN INCREMENTAL FEE BASED ON GROSS EVENT REVENUE. HEAF WILL PAY PBP A FEE OF $8,200 PER MONTH STARTING ON JANUARY 1, 2025 THROUGH DECEMBER 31, 2025. ALL PAYMENTS ARE DUE ON THE FIFTEENTH DAY OF THE MONTH. THE TOTAL FEES TO BE PAID TO PBP WILL BE $98,400. IN ADDITION TO THE GUARANTEED PROJECT FEE OF $98,400, HEAF WILL PAY PROFESSIONALS AN INCREMENTAL FEE AFTER THE FALL GALA OF $9,840 (10% OF CONTRACT AMOUNT OF $98,400) IF GROSS REVENUE BUDGET TIED TO THE GALA OF $1,150,000 IS EXCEEDED AND IF THE GALA GROSS REVENUE EXCEEDS $1,250,000 THE TOTAL INCREMENTAL FEE WILL BECOME $19,680 (20% OF CONTRACT AMOUNT OF $98,400). EXPENSES EXCEEDING $500 REQUIRE HEAF'S WRITTEN APPROVAL. 1 ALEXANDRA KORRY SCHOLARSHIP AWARD 2 20000 MEMORIAL SCHOLARSHIP FOR LAW OR GRADUATE SCHOOL ENROLLMENT YOUTH LEADER PROGRAM STIPEND 3 900 STIPENDS FOR STUDENTS WHO WERE CHOSEN AND PARTICIPATED IN YOUTH LEADERSHIP PROGRAM KATHERINE MADELINE MERSEREAU SCHOLARSHIP 1 1000 MEMORIAL SCHOLARSHIP TO SENIORS TO DEFRAY COLLEGE COSTS INDUSTRY IMMERSION - STIPEND, TIER 1 13 6500 STIPEND FOR STUDENTS WHO ATTENDED INDUSTRY IMMERSION PROGRAM IN PREP FOR COLLEGE INDUSTRY IMMERSION - STIPEND, TIER 2 4 1400 STIPEND FOR STUDENTS WHO ATTENDED INDUSTRY IMMERSION PROGRAM IN PREP FOR COLLEGE INDUSTRY IMMERSION - STIPEND, TIER 3 4 600 STIPEND FOR STUDENTS WHO ATTENDED INDUSTRY IMMERSION PROGRAM IN PREP FOR COLLEGE PART I, LINE 2: SCHOLARSHIP AWARDS: HEAF IS COMMITTED TO OFFERING NOMINAL SCHOLARSHIP AWARDS AND STIPENDS TO STUDENTS WHO HAVE PROVEN THEMSELVES TO BE DEDICATED SCHOLARS AND COMMUNITY CITIZENS. THESE SCHOLARSHIPS ARE TO BE USED TO FURTHER THE EDUCATION AND CULTURAL EXPOSURE OF THE STUDENT. THE ORGANIZATION PARTNERED WITH CROSS RIVER BANK, A TECHNOLOGY INFRASTRUCTURE PROVIDER THAT OFFERS EMBEDDED FINANCIAL SOLUTIONS, TO AWARD SCHOLARSHIPS TO UNDERSERVED STUDENTS INTERESTED IN THE FINANCE AND TECHNOLOGY INDUSTRIES. THE ORGANIZATION ALSO AWARDED THREE $300 STIPENDS TO LEADERSHIP WORKSHOP PARTICIPANTS. X X X X X 0 0 0 0 0 0 0 1 0 MICHAEL C JOHNSON PRESIDENT & CEO 267390 0 0 0 624 0 0 0 54792 0 322806 0 0 0 DEIRDRE BENNETT CHIEF FINANCE & ADMIN. OFFICER 169117 0 3000 0 1004 0 0 0 38001 0 211122 0 0 0 PART I, LINE 7 THE ORGANIZATION'S CHIEF FINANCE & ADMINISTRATIVE OFFICER, CHIEF DEVELOPMENT & EXTERNAL RELATIONS OFFICER, AND CHIEF PROGRAMS OFFICER RECEIVED DISCRETIONARY BONUSES IN 2024. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND REVIEWED BY THE ORGANIZATION'S CHIEF FINANCIAL AND ADMINISTRATIVE OFFICER. IT IS THEN SHARED WITH THE PRESIDENT & CEO, AND BOARD CHAIR AND TREASURER FOR THEIR REVIEW AND APPROVAL. PRIOR TO FILING, THE FORM 990 IS PROVIDED TO THE FULL BOARD OF TRUSTEES, GIVING THEM AN OPPORTUNITY TO REVIEW, ASK QUESTIONS, AND PROVIDE FINAL APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRES THAT ALL TRUSTEES, OFFICERS, AND KEY EMPLOYEES ANNUALLY DISCLOSE IN WRITING TO THE ENTIRE BOARD IF THEY OR ANY MEMBER OF THEIR IMMEDIATE FAMILIES OR ANY ORGANIZATION WITH WHICH THEY ARE AFFILIATED, PRESENTLY TRANSACT BUSINESS WITH HEAF. IT IS THE RESPONSIBILITY OF THE BOARD OF TRUSTEES TO DETERMINE IF A DISCLOSURE IS A CONFLICT AND REVIEW CONFLICTS ONCE DETERMINED. THE INTERESTED PERSON WITH A CONFLICT IS NOT ELIGIBLE TO VOTE ON MATTERS DIRECTLY PERTAINING TO THE MATTER. MINUTES OF CORRESPONDING MEETINGS REFLECT DISCLOSURES MADE AND THAT THE INTERESTED PERSON ABSTAINED FROM VOTING, AND WAS NOT COUNTED FOR THE PURPOSE OF DETERMINING A QUORUM. FORM 990, PART VI, SECTION B, LINE 15 HEAF'S COMPENSATION POLICY FOR THE ORGANIZATION'S PRESIDENT / CEO AND CFO IS DETERMINED BY THE CANDIDATES EXPERIENCE, EDUCATION LEVELS AS WELL AS COMPARABILITY DATA OF SIMILAR ORGANIZATIONS. THE EXECUTIVE COMMITTEE AND/OR A SEARCH COMMITTEE WILL SECURE DATA THAT DOCUMENTS COMPENSATION LEVELS AND BENEFITS FOR SIMILARLY QUALIFIED INDIVIDUALS IN COMPARABLE POSITIONS AT SIMILAR ORGANIZATIONS. TO APPROVE THE COMPENSATION FOR THE EXECUTIVE DIRECTOR AND CFO THE BOARD OR COMMITTEE MUST DOCUMENT HOW IT REACHED ITS DECISION, INCLUDING THE DATA ON WHICH IT RELIED. ALL MEMBERS OF COMMITTEE MUST BE FREE OF ANY CONFLICT OF INTEREST. THIS PROCESS WAS MOST RECENTLY USED TO ESTABLISH COMPENSATION FOR THE CFO IN JANUARY 2024. THERE WAS NO COMPENSATION CHANGE PROCESSED THIS FISCAL YEAR FOR CEO. FORM 990, PART VI, SECTION C, LINE 19 HEAF MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE BY MAKING IT AVAILABLE ON ITS WEBSITE. THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A BUDGET AND FINANCE COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.