Halicioglu Family Foundation
EIN: 823000104 · San Diego, CA · NTEE: T20
| Metric | Value |
|---|---|
| Total Revenue | $10.2M |
| Total Expenses | $4.4M |
| Net Assets | $1.1M |
Is Halicioglu Family Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Halicioglu Family Foundation
Halicioglu Family Foundation (EIN: 823000104) is a nonprofit organization based in San Diego, CA, classified under NTEE code T20. The organization reported total revenue of $10.2M and total assets of $2.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Halicioglu Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Halicioglu Family Foundation is a large nonprofit that has been operating for 6 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 39.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.0M |
| Total Expenses | $4.4M |
| Surplus / Deficit | $-1,418,731 |
| Total Assets | $1.1M |
| Total Liabilities | $1 |
| Net Assets | $1.1M |
| Operating Margin | -46.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 3.0 months |
Financial Health Grade: B
In 2023, Halicioglu Family Foundation reported a deficit of $1.4M with expenses exceeding revenue, holds 3.0 months of operating reserves (adequate), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 6 years of filings (2018–2023), Halicioglu Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 39.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +104026.1% | +609.4% | -56.4% |
| 2022 | -99.1% | +304.5% | -19.9% |
| 2021 | -87.3% | -94.9% | +6.2% |
| 2020 | -17.0% | +4573.9% | -10.6% |
| 2019 | +453.9% | -90.3% | +1281.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Halicioglu Family Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Halicioglu Family Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.4M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Halicioglu Family Foundation
Is Halicioglu Family Foundation a legitimate charity?
Halicioglu Family Foundation (EIN: 823000104) is a registered tax-exempt nonprofit based in California. It has 6 years of IRS 990 filings on record. Total revenue: $10.2M. No red flags identified. Financial health grade: C.
How does Halicioglu Family Foundation spend its money?
Halicioglu Family Foundation reported $10.2M in total revenue in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Halicioglu Family Foundation tax-deductible?
Halicioglu Family Foundation is registered as a tax-exempt nonprofit (EIN: 823000104). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Halicioglu Family Foundation located?
Halicioglu Family Foundation is headquartered in San Diego, California and files with the IRS under EIN 823000104. It is classified under NTEE code T20.
How many years of IRS 990 filings does Halicioglu Family Foundation have?
Halicioglu Family Foundation has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $10.2M in total revenue.
Filing History
IRS 990 filing history for Halicioglu Family Foundation showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Halicioglu Family Foundation's revenue has grown by 422.7%, moving from $580K to $3.0M. Total assets increased by 358.8% over the same period, from $240K to $1.1M. Total functional expenses rose by 567.3%, from $666K to $4.4M. In its most recent filing year (2023), Halicioglu Family Foundation reported a deficit of $1.4M, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.0M | $4.4M | $1.1M | $1 | — | View 990 |
| 2022 | $3K | $627K | $2.5M | $1 | — | View 990 |
| 2021 | $339K | $155K | $3.1M | $1 | — | View 990 |
| 2020 | $2.7M | $3.0M | $3.0M | $1 | — | View 990 |
| 2019 | $3.2M | $64K | $3.3M | $1 | — | — |
| 2018 | $580K | $666K | $240K | $76K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $3.0M, expenses of $4.4M, and assets of $1.1M (revenue +104026.1% year-over-year).
- 2022: Revenue of $3K, expenses of $627K, and assets of $2.5M (revenue -99.1% year-over-year).
- 2021: Revenue of $339K, expenses of $155K, and assets of $3.1M (revenue -87.3% year-over-year).
- 2020: Revenue of $2.7M, expenses of $3.0M, and assets of $3.0M (revenue -17.0% year-over-year).
- 2019: Revenue of $3.2M, expenses of $64K, and assets of $3.3M (revenue +453.9% year-over-year).
- 2018: Revenue of $580K, expenses of $666K, and assets of $240K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Halicioglu Family Foundation:
Data Sources and Methodology
This transparency report for Halicioglu Family Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.