Halo Foundation is located in Kansas City, MO. The organization was established in 2005. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2022, Halo Foundation employed 31 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Halo Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Halo Foundation generated $5.4m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 20.8% each year . All expenses for the organization totaled $1.6m during the year ending 12/2022. While expenses have increased by 9.9% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE HALO FOUNDATION IS COMMITTED TO RAISING AWARENESS AND INVOLVEMENT IN AMERICAN CHILDREN WHILE ENHANCING THE LIVING CONDITIONS OF ORPHANS AND AT RISK YOUTH WORLDWIDE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HALO HOUSING/TRANSITIONAL LIVING PROGRAM -THE HALO TLP IS AN 18-24 MONTH PROGRAM THAT PROVIDES HOUSING FOR PREGNANT, PARENTING AND NON-PARENTING YOUTH AGES 16-21, AND THEIR DEPENDENTS, WHO ARE IN HOMELESS OR HIGH-RISK SITUATIONS. THE HALO TLP HELPS YOUTH EXIT "CRISIS MODE, AND SET LONG-TERM GOALS TO LEARN HOW TO LIVE INDEPENDENTLY. THIS PROGRAM PROVIDES CHILDREN OF PARENTING TEENS A SAFE AND STABLE LIVING ENVIRONMENT AND ASSISTANCE IN SECURING DAYCARE. PARTICIPATING YOUTH ARE REQUIRED TO BE ENROLLED IN SCHOOL AND OBTAIN PART-TIME EMPLOYMENT. HIGH SCHOOL GRADUATES MUST EITHER OBTAIN FULL-TIME EMPLOYMENT OR START COLLEGE CLASSES. YOUTH ARE REQUIRED TO PARTICIPATE IN LIFE-SKILLS WORKSHOPS, AND PARENTING YOUTH MUST ATTEND PARENTING CLASSES. EACH YOUTH MEETS WEEKLY WITH HALO STAFF TO ASSESS THEIR GOALS AND PROGRESS. THE JEFFERSON CITY HALO TLP PROVIDED HOUSING FOR 21 HOMELESS YOUTH. 89% OF YOUTH EXITED TO SAFE AND APPROPRIATE LOCATIONS WITH 50% YOUTH SECURING EMPLOYMENT. 67% GRADUATED HIGH SCHOOL OR WERE REGULARLY ATTENDING SCHOOL UPON COMPLETION OF THE PROGRAM. 201 AFTERCARE SERVICES WERE FACILITATED UPON EXITING THE PROGRAM.THE JEFFERSON CITY LEARNING CENTER & HALO BOYS PROGRAM THE LEARNING CENTER SERVES HOMELESS OR AT-RISK YOUTH IN AFTERSCHOOL PROGRAMS. THE BOYS PROGRAM SERVES HIGH SCHOOL AGE MALES IN HOMELESS OR AT-RISK SITUATIONS AND HOSTS AFTER-SCHOOL PROGRAMS. 203 YOUTH WERE SERVED IN THESE PROGRAMS, WITH 139 PROGRAMS AND WORKSHOPS FACILITATEDKANSAS CITY LEARNING CENTER SERVES YOUTH IN HOMELESS OR AT-RISK SITUATIONS AND HOSTS AFTER-SCHOOL PROGRAMS. 448 YOUTH WERE SERVED WITH 167 PROGRAMS AND WORKSHOPS FACILITATED.
INTERNATIONAL PROGRAMS: ORPHANAGE SUPPORT: HALO FULLY SUPPORTS ALL NEEDS FOR CHILDREN IN THE LISTED HOMES. THIS INCLUDES HOUSING, HEALING, AND EDUCATION. INDIA: 29 CHILDREN, ASHIRVAD HOME INDIA. KENYA: 77 TOTAL YOUTH SERVED; 13 REINTEGRATED WITH THEIR FAMILIES, 30 RECEIVED FULL SPONSORSHIP IN BARAKA HOME, 42 YOUTH IN HALO SUPPORTED SIMAMA TRANSITION HOME AND 27 NEW RESCUES. UGANDA: 22 YOUTH SERVED IN HALO HOMES -8 BOYS IN KIBULI AND 14 GIRLS IN LUNGUJJA, 147 YOUTH IN THE RESETTLEMENT AND BOARDING PROGRAM, 12 YOUTH IN THE HALO SS PROGRAM - 6 BOYS AND 6 GIRLS, 1,638 YOUTH SERVED IN THE UGANDA LEARNING CENTER, AND 846 SERVED IN THE COMMUNITY OUTREACH PROGRAM. MEXICO: HALO SERVES 28 YOUTH AT THE LIRIO DE LOS VALLES ORPHANAGE IN PLAYAS, MEXICO, AND EDUCATES 27 CHILDREN AT THEIR ELEMENTARY SCHOOL.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kelli Jones Treasurer | OfficerTrustee | 1 | $0 |
Vanessa Connell Board Member | Trustee | 0.5 | $0 |
Edward Welsh President | OfficerTrustee | 5 | $0 |
Suzanne Alewine Secretary | OfficerTrustee | 3 | $0 |
Greg Lam Board Member | Trustee | 1 | $0 |
Rebecca Welsh CEO | Trustee | 40 | $22,500 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $210,444 |
All other contributions, gifts, grants, and similar amounts not included above | $4,451,457 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $4,661,901 |
Total Program Service Revenue | $0 |
Investment income | $213,977 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $132,570 |
Net Income from Fundraising Events | $398,231 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $5,411,672 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $421,167 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $22,500 |
Compensation of current officers, directors, key employees. | $2,250 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $619,015 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $54 |
Fees for services: Other | $62,922 |
Advertising and promotion | $12,947 |
Office expenses | $31,428 |
Information technology | $52,295 |
Royalties | $0 |
Occupancy | $80,398 |
Travel | $8,662 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $103,522 |
Insurance | $89,943 |
All other expenses | $0 |
Total functional expenses | $1,578,851 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $755,113 |
Savings and temporary cash investments | $2,191,398 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $3,003,561 |
Investments—publicly traded securities | $10,542,203 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $16,492,275 |
Accounts payable and accrued expenses | $33,904 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $33,904 |
Net assets without donor restrictions | $8,713,856 |
Net assets with donor restrictions | $7,744,515 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $16,492,275 |