Halvorson Charities Fund FY2020 filing

Tax-deductible

Kirkland, WA501(c)(3)Since 2007Foundations & Grantmakers EIN 42-1744781Revenue $293K in FY2020

On file with the IRS12515 Willows Rd Ne Ste 200, 98034-8795 · Kirkland, WATax-exempt since Feb 2009Supporting organization — 509(a)(3)

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Conducts and supports activities exclusively for the benefit of evangelical christian churches and charitable relief organizations.

501(c)(3) charity; gifts are tax-deductible.
87¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $341K a year · 52% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
87%
of spending
Looks good: 87% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
<1 mo
of spending, in cash
Plus $3.7M in investments, Pt X · Ln 11–13
Fine: 0.2 months of spending in cash, plus $3.7M in investments.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 5 voting members
Looks good: 3 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$293K
Spent
$202K
To programs
87%
Net assets
$3.9M
By yearFY2020–FY2025
Revenue
$293K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$293K
FY2021$285K
FY2022$2.6M
FY2023$198K
FY2024$190K
FY2025$437K
Expenses
$202K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$202K
FY2021$253K
FY2022$265K
FY2023$298K
FY2024$411K
FY2025$492K
Net assets
$3.9M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$3.9M
FY2021$4.4M
FY2022$5.6M
FY2023$5.8M
FY2024$6.1M
FY2025$6.1M

From the FY2020 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 2009.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

87 cents of each dollar spent went to programs.

Program services 87% · $175K Management & general 13% · $27K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Halvorson Charities Fund executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Supports evangelical Christian churches and charitable relief organizations.

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Provided by the organization

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3 programs · $70K · in their own filed words · FY2020
01

Seattle youth for christcity serve is a local mission trip experience that allows young people to learn about god's heart for justice, while at the same time serves those in need throughout snohomish and king county.

$25Kprogram expense
02

Seattle union gospel missionis to bring the love of jesus and hope for a new life to our homeless neighbors.

$25Kprogram expense
03

Crista campsare positive christian focused camps, island lake and miracle ranch, for youth, the needy and adults.

$20Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$10K
Grants paid · 56 grants · $1.7M · 2020–2025
Crista MinistriesWA · FY2025$50,000
Crista MinistriesWA · FY2025$50,000
Bellevue Christian SchoolWA · FY2025$50,000
Mercy Ships InternationalTX · FY2025$35,000
Mission Aviation FellowshipID · FY2025$30,000
Infocus MinistriesWA · FY2025$25,000
Eagle Wings MinistriesWA · FY2025$25,000
Hope 4 Kids InternationalAZ · FY2025$21,000
Lahai HealthWA · FY2025$15,000
Treasures in HeavenWA · FY2025$10,000
Freedom Missionary ChurchWA · FY2024$50,000
Crista MinistriesWA · FY2024$45,000
Crista MinistriesWA · FY2024$45,000
Bellevue Christian SchoolWA · FY2024$35,000
Infocus MinistriesWA · FY2024$25,000
See all 56 grants →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$293K
Ln 12
Gifts and grantsLn 1h$154K
Investment incomeLn 3$139K
Money outPt IX
$202K
Ln 25
Programscol B$175K
Managementcol C$27K
Owns and owesPt X
$3.9M
net assets · Ln 32
Cash and savingsLn 1–2$3K
Total assetsLn 16$3.9M
LiabilitiesLn 26$0
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$154K
Investment incomeLn 3$139K
Gains on assetsLn 7$51K
Total revenueLn 12$293K
Assets in detailPt X, end of year
CashLn 1$3K
Cash and savings togetherLn 1–2$3K
InvestmentsLn 11–13$3.7M
Total assetsLn 16$3.9M
LiabilitiesLn 26$0
Net assetsLn 32$3.9M
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$3K$3K
InvestmentsLn 11–13$3.2M$3.7M
Total assetsLn 16$3.6M$3.9M
LiabilitiesLn 26$0$0
Net assetsLn 32$3.6M$3.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$175K$175K
Accounting feesLn 11c$4K$4K
Investment management feesLn 11f$22K$22K
Other expenses (24a–d)Ln 24$1K$1K
Total functional expensesLn 25$202K$175K$27K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $437K$492K−$55K$6.1M 990 PDF
FY2024 $190K$411K−$221K$6.1M 990 PDF
FY2023 $198K$298K−$100K$5.8M 990 PDF
FY2022 $2.6M$265K$2.3M$5.6M 990 PDF
FY2021 $285K$253K$32K$4.4M 990 PDF
FY2020 Viewing $293K$202K$91K$3.9M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $292,921 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $250,000$154,000
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $80,750$138,921
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $330,750$292,921
I-13 Grants and similar amounts paidPrior year $150,000$175,300
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $26,554$26,993
I-18 Total expensesPrior year $176,554$202,293
I-19 Revenue less expensesPrior year $154,196$90,628
Part VI · Governance 3 of 5 board members independent, 3 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members3
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $292,921 across 5 lines filed
VIII-1f All other contributions, gifts and grants$154,000
VIII-1h Total contributions, gifts and grants$154,000
VIII-3 Investment incomeRelated to mission $87,791$87,791
VIII-7 Net gain or loss on sales of assetsExcluded from tax $51,130$51,130
VIII-12 Total revenueRelated to mission $87,791 · Unrelated business $0 · Excluded from tax $51,130$292,921
Part IX · Statement of functional expenses $202,293 across 4 lines filed
IX-1 Grants to domestic organizationsPrograms $175,300$175,300
IX-11c Accounting feesManagement $3,632$3,632
IX-11f Investment management feesManagement $22,271$22,271
IX-24 Other expenses (24a–d)Management $1,090$1,090
IX-25 Total functional expensesPrograms $175,300 · Management $26,993 · Fundraising $0$202,293
Part X · Balance sheet $3,944,145 assets, 6 lines filed
Asset lines not itemized here account for $262,019; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $2,927$3,280
X-12 Other securitiesStart of year $3,206,672$3,678,846
X-16 Total assetsStart of year $3,580,167$3,944,145
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $3,580,167$3,944,145
X-33 Total liabilities and net assetsStart of year $3,580,167$3,944,145
Part XI · Reconciliation of net assets $3,944,145 net assets at year end
XI-1 Total revenue$292,921
XI-2 Total expenses$202,293
XI-3 Revenue less expenses$90,628
XI-4 Net assets at start of year$3,580,167
XI-5 Net unrealized gains (losses) on investments$273,350
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$3,944,145

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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