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.
92¢ of each $1 spent went to programs.
$263K 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

FY2023 · 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
92%
of spending
Looks good: 92% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$263K
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
3 mo
of spending, in cash
Looks good: 3.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$174K
17% of total assets
Looks good: liabilities are 17% 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
$3.2M
+20% vs prior year
Spent
$2.7M
To programs
92%
Net assets
$838K
By yearFY2020–FY2025
Revenue
$3.2M
FY2023▲ +20%
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
$2.7M
FY2023▲ +6%
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
$838K
FY2023▲ +148%
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 FY2023 Form 990 (year ending June 2023) · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 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

92 cents of each dollar spent went to programs.

Program services 92% · $2.5M Management & general 8% · $207K

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; $263K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
$113,804Pt VII · Sec A
Secretary
$100,916Pt VII · Sec A
Vice President
$48,329Pt 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 · $2.5M · in their own filed words · FY2022
01

Halfmoon education, inc. Sponsored 653 continuing education programs with a total participant count of 9,647. Halfmoon education, inc. Granted all tuition hardship discount requests for a total of $6,253.

$2.5Mprogram expense

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$3.2M
Ln 12
Fees for servicesLn 2g$2.6M
Gifts and grantsLn 1h$570K
Investment incomeLn 3$22K
Money outPt IX
$2.7M
Ln 25
Programscol B$2.5M
Managementcol C$207K
Owns and owesPt X
$838K
net assets · Ln 32
Cash and savingsLn 1–2$771K
Total assetsLn 16$1.0M
LiabilitiesLn 26$174K
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$570K
Government grantsLn 1e$570K
Fees for servicesLn 2g$2.6M
Investment incomeLn 3$22K
Total revenueLn 12$3.2M
Assets in detailPt X, end of year
CashLn 1$28K
SavingsLn 2$743K
Cash and savings togetherLn 1–2$771K
Land, buildings, equipmentLn 10c$194K
Total assetsLn 16$1.0M
LiabilitiesLn 26$174K
Net assetsLn 32$838K
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 FY23End FY23
Cash and savingsLn 1–2$239K$771K
Land, buildings, equipmentLn 10c$218K$194K
Total assetsLn 16$502K$1.0M
LiabilitiesLn 26$165K$174K
Net assetsLn 32$337K$838K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$263K$199K$64K
Other salaries and wagesLn 7$892K$829K$63K
Pension plan contributionsLn 8$30K$30K
Other employee benefitsLn 9$113K$113K
Payroll taxesLn 10$87K$77K$10K
Accounting feesLn 11c$31K$16K$16K
Advertising and promotionLn 12$241$241
Office expensesLn 13$6K$4K$3K
Information technologyLn 14$30K$30K
OccupancyLn 16$102K$51K$51K
TravelLn 17$2K$2K
InterestLn 20$2K$2K
Depreciation, depletion and amortizationLn 22$47K$47K
Other expenses (24a–d)Ln 24$1.1M$1.1M
All other expensesLn 24e$14K$13K$1K
Total functional expensesLn 25$2.7M$2.5M$207K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $2.1M$2.5M−$425K$197K 990 PDF
FY2024 $2.8M$3.0M−$196K$642K 990 PDF
FY2023 Viewing $3.2M$2.7M$500K$838K 990 PDF
FY2022 $2.7M$2.5M$118K$337K 990 PDF
FY2021 $2.9M$2.7M$272K$219K 990 PDF
FY2020 $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 FY2023 990 (6 parts)
Part I · Summary $3,187,072 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $257,237$569,761
I-9 Program service revenuePrior year $2,402,281$2,595,773
I-10 Investment incomePrior year $439$21,538
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $2,659,957$3,187,072
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 $1,296,776$1,384,584
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,245,071$1,301,988
I-18 Total expensesPrior year $2,541,847$2,686,572
I-19 Revenue less expensesPrior year $118,110$500,500
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 $3,187,072 across 5 lines filed
VIII-1e Government grants$569,761
VIII-1h Total contributions, gifts and grants$569,761
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,595,773$2,595,773
VIII-3 Investment incomeExcluded from tax $21,538$21,538
VIII-12 Total revenueRelated to mission $2,595,773 · Unrelated business $0 · Excluded from tax $21,538$3,187,072
Part IX · Statement of functional expenses $2,686,572 across 15 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $199,059 · Management $63,990$263,049
IX-7 Other salaries and wagesPrograms $829,247 · Management $62,829$892,076
IX-8 Pension plan contributionsPrograms $30,311$30,311
IX-9 Other employee benefitsPrograms $112,512$112,512
IX-10 Payroll taxesPrograms $77,124 · Management $9,512$86,636
IX-11c Accounting feesPrograms $15,748 · Management $15,748$31,496
IX-12 Advertising and promotionPrograms $241$241
IX-13 Office expensesPrograms $3,590 · Management $2,725$6,315
IX-14 Information technologyPrograms $29,541$29,541
IX-16 OccupancyPrograms $51,101 · Management $51,101$102,202
IX-17 TravelPrograms $1,725$1,725
IX-20 InterestPrograms $1,521$1,521
IX-22 Depreciation, depletion and amortizationPrograms $46,688$46,688
IX-24 Other expenses (24a–d)Programs $1,067,794$1,067,794
IX-24e All other expensesPrograms $13,167 · Management $1,298$14,465
IX-25 Total functional expensesPrograms $2,479,369 · Management $207,203 · Fundraising $0$2,686,572
Part X · Balance sheet $1,011,360 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $92,490$27,947
X-2 Savings and temporary cash investmentsStart of year $146,512$742,911
X-9 Prepaid expenses and deferred chargesStart of year $44,752$46,728
X-10c Land, buildings and equipment, netStart of year $217,937$193,774
X-16 Total assetsStart of year $501,691$1,011,360
X-17 Accounts payable and accrued expensesStart of year $93,762$57,286
X-19 Deferred revenueStart of year $70,759$116,405
X-26 Total liabilitiesStart of year $164,521$173,691
X-32 Total net assets or fund balancesStart of year $337,170$837,669
X-33 Total liabilities and net assetsStart of year $501,691$1,011,360
Part XI · Reconciliation of net assets $837,669 net assets at year end
XI-1 Total revenue$3,187,072
XI-2 Total expenses$2,686,572
XI-3 Revenue less expenses$500,500
XI-4 Net assets at start of year$337,170
XI-9 Other changes in net assets−$1
XI-10 Net assets at end of year$837,669

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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