Is Halo Foundation Legit?

Quick charity verification for Halo Foundation (EIN: 201794209)

Verdict: Halo Foundation appears trustworthy

95/100Mission Score
$3.2MRevenue
$20.9MAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

Spending Breakdown

How Halo Foundation allocates its funds across programs, administration, and fundraising.

90%
Program Spending
Healthy — majority goes to mission
5%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Halo Foundation

Is Halo Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Halo Foundation (EIN: 201794209) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.

Is Halo Foundation a good charity to donate to?

Halo Foundation has a Mission Score of 95/100. Revenue: $3.2M. Assets: $20.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Halo Foundation?

The Employer Identification Number (EIN) for Halo Foundation is 201794209. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Halo Foundation spend its money?

Halo Foundation allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Halo Foundation's tax-exempt status?

You can verify Halo Foundation's tax-exempt status using EIN 201794209 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

The Halo Foundation demonstrates strong financial health and a consistent commitment to its mission, as evidenced by its IRS 990 filings. The organization has shown remarkable growth in assets, from $105,665 in 2014 to $20,899,076 currently, indicating effective asset management and donor confidence. Revenue has fluctuated but generally trended upwards, with the latest reported revenue at $3,227,877. The foundation consistently reports 0% officer compensation across all available filings, which is a significant indicator of transparency and a focus on directing funds towards programmatic activities rather than executive salaries. This practice suggests a high level of financial integrity and a donor-centric approach. Spending efficiency appears to be very strong, particularly given the consistent reporting of zero officer compensation. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the raw data, the absence of executive salaries implies a lean operational structure. The organization's ability to grow its asset base substantially while maintaining low liabilities (e.g., $28,368 in 2023) further supports its financial prudence and sustainability. The consistent growth in assets, even during periods of fluctuating revenue, suggests sound financial management and investment strategies. Overall, the Halo Foundation exhibits excellent financial health, strong spending efficiency due to its zero officer compensation policy, and a high degree of transparency in its executive compensation practices. Its substantial asset growth and low liabilities position it well for long-term impact. Donors can be confident that their contributions are being managed responsibly and directed towards the organization's mission.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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