Halo Foundation
Halo Foundation shows strong asset growth and zero officer compensation over a decade.
EIN: 201794209 · Kansas City, MO · NTEE: T30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.2M |
| Total Expenses | $1.8M |
| Program Spending | 90% |
| Net Assets | $17.6M |
| Transparency Score | 95/100 |
Is Halo Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Halo Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Halo Foundation
Halo Foundation (EIN: 201794209) is a nonprofit organization based in Kansas City, MO, classified under NTEE code T30. The organization reported total revenue of $3.2M and total assets of $20.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Halo Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Halo Foundation is a mid-size nonprofit that has been operating for 21 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 17.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.1M |
| Total Expenses | $1.8M |
| Surplus / Deficit | +$291K |
| Total Assets | $17.7M |
| Total Liabilities | $28K |
| Net Assets | $17.6M |
| Operating Margin | 14.2% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 120.1 months |
Financial Health Grade: A
In 2023, Halo Foundation reported a surplus of $291K with revenue exceeding expenses, holds 120.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Halo Foundation's revenue has grown at a compound annual growth rate (CAGR) of 17.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -62.0% | +11.8% | +7.2% |
| 2022 | +58.5% | +16.9% | +17.1% |
| 2021 | +19.5% | -0.3% | +20.7% |
| 2020 | -51.4% | -1.6% | +24.0% |
| 2019 | +29.1% | +29.1% | +91.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Halo Foundation with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Halo Foundation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $291K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
The Halo Foundation consistently reports 0% officer compensation across all 14 available IRS 990 filings, indicating that no salaries are paid to its officers, which is highly unusual and suggests a volunteer-led or extremely lean executive structure.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Halo Foundation:
- Consistent 0% officer compensation across all filings, indicating high efficiency and dedication to mission.
- Significant asset growth from $105,665 in 2014 to $20,899,076 currently, demonstrating strong financial management.
- Low liabilities relative to assets (e.g., $28,368 in 2023 vs. $17.6M assets), indicating financial stability.
- Positive net income in most years (Revenue > Expenses), contributing to asset accumulation.
- Long filing history (14 filings) demonstrating consistent compliance and transparency.
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 legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Halo Foundation spend its money?
Halo Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Halo Foundation tax-deductible?
Halo Foundation is registered as a tax-exempt nonprofit (EIN: 201794209). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Halo Foundation's spending goes to programs?
Halo Foundation directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Halo Foundation compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Halo Foundation is above average for NTEE category T30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Halo Foundation located?
Halo Foundation is headquartered in Kansas City, Missouri and files with the IRS under EIN 201794209. It is classified under NTEE code T30.
How many years of IRS 990 filings does Halo Foundation have?
Halo Foundation has 14 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 $3.2M in total revenue.
Is Halo Foundation a good charity?
Based on the provided IRS 990 data, Halo Foundation appears to be a very good charity. It demonstrates strong financial health, significant asset growth from $105,665 in 2014 to over $20 million currently, and a remarkable commitment to directing funds to its mission by reporting 0% officer compensation across all filings.
How has Halo Foundation's financial health changed over time?
Halo Foundation's financial health has significantly improved over time. Its assets have grown from $105,665 in 2014 to $20,899,076 currently, and its revenue has generally trended upwards, indicating strong financial management and growth.
What is the trend in Halo Foundation's revenue and expenses?
Revenue for Halo Foundation has fluctuated year-to-year (e.g., $5.4M in 2022, $2.0M in 2023) but shows an overall upward trend from $495,495 in 2014 to $3,227,877 currently. Expenses have also increased but at a slower rate than revenue growth, contributing to asset accumulation.
Filing History
IRS 990 filing history for Halo Foundation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Halo Foundation's revenue has grown by 675%, moving from $265K to $2.1M. Total assets increased by 33543.6% over the same period, from $53K to $17.7M. Total functional expenses rose by 621.7%, from $245K to $1.8M. In its most recent filing year (2023), Halo Foundation reported a surplus of $291K, with revenue exceeding expenses. The organization holds $28K in liabilities against $17.7M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $17.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.1M | $1.8M | $17.7M | $28K | — | — |
| 2022 | $5.4M | $1.6M | $16.5M | $34K | — | View 990 |
| 2021 | $3.4M | $1.4M | $14.1M | $29K | — | View 990 |
| 2020 | $2.9M | $1.4M | $11.7M | $10K | — | View 990 |
| 2019 | $5.9M | $1.4M | $9.4M | $19K | — | View 990 |
| 2018 | $4.5M | $1.1M | $4.9M | $15K | — | View 990 |
| 2017 | $1.4M | $1.0M | $1.4M | $17K | — | View 990 |
| 2016 | $1.4M | $911K | $1.1M | $13K | — | View 990 |
| 2015 | $1.2M | $739K | $559K | $11K | — | View 990 |
| 2014 | $495K | $595K | $106K | $11K | — | View 990 |
| 2013 | $515K | $548K | $198K | $4K | — | View 990 |
| 2012 | $500K | $467K | $229K | $1K | — | View 990 |
| 2011 | $524K | $382K | $196K | $1K | — | View 990 |
| 2010 | $265K | $245K | $53K | $751 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.1M, expenses of $1.8M, and assets of $17.7M (revenue -62.0% year-over-year).
- 2022: Revenue of $5.4M, expenses of $1.6M, and assets of $16.5M (revenue +58.5% year-over-year).
- 2021: Revenue of $3.4M, expenses of $1.4M, and assets of $14.1M (revenue +19.5% year-over-year).
- 2020: Revenue of $2.9M, expenses of $1.4M, and assets of $11.7M (revenue -51.4% year-over-year).
- 2019: Revenue of $5.9M, expenses of $1.4M, and assets of $9.4M (revenue +29.1% year-over-year).
- 2018: Revenue of $4.5M, expenses of $1.1M, and assets of $4.9M (revenue +235.7% year-over-year).
- 2017: Revenue of $1.4M, expenses of $1.0M, and assets of $1.4M (revenue -4.5% year-over-year).
- 2016: Revenue of $1.4M, expenses of $911K, and assets of $1.1M (revenue +18.9% year-over-year).
- 2015: Revenue of $1.2M, expenses of $739K, and assets of $559K (revenue +140.9% year-over-year).
- 2014: Revenue of $495K, expenses of $595K, and assets of $106K (revenue -3.7% year-over-year).
- 2013: Revenue of $515K, expenses of $548K, and assets of $198K (revenue +2.8% year-over-year).
- 2012: Revenue of $500K, expenses of $467K, and assets of $229K (revenue -4.6% year-over-year).
- 2011: Revenue of $524K, expenses of $382K, and assets of $196K (revenue +97.7% year-over-year).
- 2010: Revenue of $265K, expenses of $245K, and assets of $53K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Halo Foundation:
Data Sources and Methodology
This transparency report for Halo 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.