Halo Foundation
- Assets
- $206.0k
- Revenue
- $195.6k
- Investments
- $0.0
- Employees
- 1
- Location
- Akron, OH
- Founding
- 04/2008
- Data as of
- 12/2021
- EIN
- 20-3444669
Organization Overview
Halo Foundation is located in Akron, OH. The organization was established in 2008. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. 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 12/2021, Halo Foundation generated $195.6k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $148.8k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO OFFER HOPE TO THE AFFLICTED THROUGH THE GENEROSITY OF SERVICE AND CHARITY INVOLVING INTERGENERATIONAL SUPPORT FROM SENIORS TO CHILDREN. WE WILL RESPOND TO INDIVIDUAL AND GROUP NEEDS AND CRISIS WITH DELIBERATE THOUGHT, PRAYER, ORGANIZATION AND ACTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REFORMATION SERIES
AWARDS AND GRANTS
POOR CLARES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharon Deitrick President | OfficerTrustee | 20 | $6,000 |
Jim Mellody Treasurer | Officer | 0 | $0 |
Anne Jorgenson Vice President | Officer | 0 | $0 |
Barb Berger Secretary | Officer | 0 | $0 |
Mike Fawcett Trustee | Trustee | 0 | $0 |
Darethann Krill Trustee | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $112,920 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $74,226 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $187,146 |
| Total Program Service Revenue | $1,708 |
| Investment income | $2,950 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $195,602 |
| 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 | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $6,000 |
| Compensation of current officers, directors, key employees. | $6,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $32,181 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,060 |
| 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 | $1,188 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $43,951 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $148,820 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $92,898 |
| Savings and temporary cash investments | $113,085 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $205,983 |
| Accounts payable and accrued expenses | $26,532 |
| 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 | $26,532 |
| Net assets without donor restrictions | $179,451 |
| Net assets with donor restrictions | $0 |
| 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 | $205,983 |
Grants Awarded
Over the last fiscal year, Halo Foundation has awarded $4,315 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
ARCHANGEL CRUSADE OF LOVE | | | $2,000 |
Clinton, OH | | $1,065 |
Barberton, OH | | $600 |
ST JOSEPH SCHOOL | | | $500 |
NAZARETH HOUSING | | | $150 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Halo Foundation has recieved totaling $2,800.
| Awarding Organization | Amount |
|---|---|
Corinne L Dodero Charitable Tr For The Arts And Sciences Cleveland, OH PURPOSE: OPERATING | $2,500 |
Lavonne Horowitz Charitable Foundation Inc Waban, MA PURPOSE: CHARITY | $300 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Upcap Services Inc Escanaba, MI | $35,179,292 | $33,596,590 |
Ecumenical Enterprises Inc Dallas, PA | $29,362,494 | $14,819,334 |
Rocket Giving Fund Detroit, MI | $2,590,205 | $13,264,068 |
The Foundation For Enhancing Communities Harrisburg, PA | $107,592,484 | $47,434,480 |
Shear Family Foundation Inc Pittsburgh, PA | $193,925,105 | $4,615,784 |
Veterans Of Foreign Wars Of Ohio Charities Columbus, OH | $6,551,466 | $8,213,931 |
Rite Aid Healthy Futures Camp Hill, PA | $33,191,715 | $15,687,011 |
Alleghenies United Cerebral Palsy Johnstown, PA | $2,752,154 | $5,551,260 |
1889 Foundation Inc Johnstown, PA | $14,509,819 | $2,616,006 |
Christian Family Services Management Corporation New Wilmington, PA | $80,504,309 | $10,725,509 |
Methodist Home For Children Resources Philadelphia, PA | $3,677,128 | $2,957,972 |
Asias Hope Columbus, OH | $3,429,786 | $3,149,980 |