Halfmoon Education, INC. Is committed to develop and conduct high-quality, timely, and affordable continuing Education seminars taught by respected professionals who possess expertise in the subject matter they present.

501(c)(3) charity; gifts are tax-deductible.
93¢ of each $1 spent went to programs.
$244K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · 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 deficit $13K a year · under 1% 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
93%
of spending
Looks good: 93% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$244K
to officers and key staff · 10% of spending
Looks good: pay to officers and key staff is 10% of spending; 15% or less.
Pt VII · Sec A
1 mo
of spending, in cash
Fine: 1.1 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$165K
33% of total assets
Looks good: liabilities are 33% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 3 voting members
Concern: none of 3 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.7M
-10% vs prior year
Spent
$2.5M
To programs
93%
Net assets
$337K
By yearFY2020–FY2025
Revenue
$2.7M
FY2022▼ -10%
Tap a bar for its year
Revenue by fiscal year
FY2020$3.7M
FY2021$2.9M
FY2022$2.7M
FY2023$3.2M
FY2024$2.8M
FY2025$2.1M
Expenses
$2.5M
FY2022▼ -5%
Tap a bar for its year
Expenses by fiscal year
FY2020$4.0M
FY2021$2.7M
FY2022$2.5M
FY2023$2.7M
FY2024$3.0M
FY2025$2.5M
Net assets
$337K
FY2022▲ +54%
Tap a bar for its year
Net assets by fiscal year
FY2020−$54K
FY2021$219K
FY2022$337K
FY2023$838K
FY2024$642K
FY2025$197K

From the FY2022 Form 990 (year ending June 2022) · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 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 Dec 2013.

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

Where the money goes

93 cents of each dollar spent went to programs.

Program services 93% · $2.4M Management & general 7% · $183K

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

3 people listed on the 990; $244K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
$110,000Pt VII · Sec A
Secretary
$91,667Pt VII · Sec A
Vice President
$42,800Pt VII · Sec A

Todd Chapin’s $94K as Secretary is at the 27th percentile of top reported officer pay among 3395 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Elizabeth a Feil$90,624$118,107$113,804$110,000$106,474$109,471
Todd Chapin$93,900$104,391$100,916$91,667$82,731$89,567
Douglas E Chapman————$80,059$89,867
Frank Chapman$51,023$50,730$48,329$42,800——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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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 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers affordable, high-quality continuing education seminars taught by experts.

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Provided by the organization

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1 program · $2.4M · in their own filed words · FY2021
01

Halfmoon education, inc. Sponsored 619 continuing education programs with a total participant count of 9,489. Halfmoon education, inc. Granted all tuition hardship discount requests for a total of $88.

$2.4Mprogram expense

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$2.7M
Ln 12
Fees for servicesLn 2g$2.4M
Gifts and grantsLn 1h$257K
Investment incomeLn 3$439
Money outPt IX
$2.5M
Ln 25
Programscol B$2.4M
Managementcol C$183K
Owns and owesPt X
$337K
net assets · Ln 32
Cash and savingsLn 1–2$239K
Total assetsLn 16$502K
LiabilitiesLn 26$165K
PeoplePt VI, VII
3
listed · VII A
PaidVII A3
Voting boardVI 1a3
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$257K
Government grantsLn 1e$257K
Fees for servicesLn 2g$2.4M
Investment incomeLn 3$439
Total revenueLn 12$2.7M
Assets in detailPt X, end of year
CashLn 1$92K
SavingsLn 2$147K
Cash and savings togetherLn 1–2$239K
Land, buildings, equipmentLn 10c$218K
Total assetsLn 16$502K
LiabilitiesLn 26$165K
Net assetsLn 32$337K
OperationsPt I, VI
EmployeesI 526
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$324K$239K
Land, buildings, equipmentLn 10c$251K$218K
Total assetsLn 16$644K$502K
LiabilitiesLn 26$425K$165K
Net assetsLn 32$219K$337K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$244K$185K$60K
Other salaries and wagesLn 7$826K$775K$51K
Pension plan contributionsLn 8$24K$24K
Other employee benefitsLn 9$118K$118K
Payroll taxesLn 10$83K$75K$9K
Accounting feesLn 11c$4K$2K$2K
Advertising and promotionLn 12$300$300
Office expensesLn 13$6K$4K$3K
Information technologyLn 14$37K$37K
OccupancyLn 16$111K$56K$56K
TravelLn 17$622$622
InterestLn 20$2K$2K
Depreciation, depletion and amortizationLn 22$46K$46K
Other expenses (24a–d)Ln 24$1.0M$1.0M
All other expensesLn 24e$16K$14K$2K
Total functional expensesLn 25$2.5M$2.4M$183K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $2.1M$2.5M−$425K$197K 990 PDF
FY2024Filed with the IRS Feb 7, 2025 $2.8M$3.0M−$196K$642K 990 PDF
FY2023Filed with the IRS Feb 14, 2024 $3.2M$2.7M$500K$838K 990 PDF
FY2022 ViewingFiled with the IRS Feb 14, 2023 $2.7M$2.5M$118K$337K 990 PDF
FY2021Filed with the IRS Jan 26, 2022 $2.9M$2.7M$272K$219K 990 PDF
FY2020Filed with the IRS May 11, 2021 $3.7M$4.0M−$349K−$54K 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 FY2022 990 (6 parts)
Part I · Summary $2,659,957 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $276,500$257,237
I-9 Program service revenuePrior year $2,672,244$2,402,281
I-10 Investment incomePrior year −$6,473$439
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $2,942,271$2,659,957
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,332,816$1,296,776
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,337,699$1,245,071
I-18 Total expensesPrior year $2,670,515$2,541,847
I-19 Revenue less expensesPrior year $271,756$118,110
Part VI · Governance 0 of 3 board members independent, 5 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members0
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
Part VIII · Statement of revenue $2,659,957 across 5 lines filed
VIII-1e Government grants$257,237
VIII-1h Total contributions, gifts and grants$257,237
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,402,281$2,402,281
VIII-3 Investment incomeExcluded from tax $439$439
VIII-12 Total revenueRelated to mission $2,402,281 · Unrelated business $0 · Excluded from tax $439$2,659,957
Part IX · Statement of functional expenses $2,541,847 across 15 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $184,574 · Management $59,893$244,467
IX-7 Other salaries and wagesPrograms $774,895 · Management $51,443$826,338
IX-8 Pension plan contributionsPrograms $24,209$24,209
IX-9 Other employee benefitsPrograms $118,416$118,416
IX-10 Payroll taxesPrograms $74,680 · Management $8,666$83,346
IX-11c Accounting feesPrograms $1,943 · Management $1,943$3,886
IX-12 Advertising and promotionPrograms $300$300
IX-13 Office expensesPrograms $3,635 · Management $2,837$6,472
IX-14 Information technologyPrograms $37,481$37,481
IX-16 OccupancyPrograms $55,711 · Management $55,711$111,422
IX-17 TravelPrograms $622$622
IX-20 InterestPrograms $1,521$1,521
IX-22 Depreciation, depletion and amortizationPrograms $46,325$46,325
IX-24 Other expenses (24a–d)Programs $1,020,779$1,020,779
IX-24e All other expensesPrograms $14,185 · Management $2,078$16,263
IX-25 Total functional expensesPrograms $2,359,276 · Management $182,571 · Fundraising $0$2,541,847
Part X · Balance sheet $501,691 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $67,734$92,490
X-2 Savings and temporary cash investmentsStart of year $256,073$146,512
X-9 Prepaid expenses and deferred chargesStart of year $69,576$44,752
X-10c Land, buildings and equipment, netStart of year $250,658$217,937
X-16 Total assetsStart of year $644,041$501,691
X-17 Accounts payable and accrued expensesStart of year $67,748$93,762
X-19 Deferred revenueStart of year $99,996$70,759
X-25 Other liabilitiesStart of year $257,237$0
X-26 Total liabilitiesStart of year $424,981$164,521
X-32 Total net assets or fund balancesStart of year $219,060$337,170
X-33 Total liabilities and net assetsStart of year $644,041$501,691
Part XI · Reconciliation of net assets $337,170 net assets at year end
XI-1 Total revenue$2,659,957
XI-2 Total expenses$2,541,847
XI-3 Revenue less expenses$118,110
XI-4 Net assets at start of year$219,060
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$337,170

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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