Halftime Institute

Irving, TXUnknown exempt organizationEIN 46-1367917Revenue $2.0M in FY2024

On file with the IRShalftimeinstitute.org1431 Greenway Drive No 230 230 · Irving, TX

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Teach, coach, and connect marketplace leaders to discover god's calling on their lives

77¢ of each $1 spent went to programs.
Run by 9 volunteers and 12 employees.
Mission: Form 990 Part I, line 1 · Programs: Part IX · People: Part I, lines 5–6

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FY2024 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $53K a year · 3% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
77%
of spending
Looks good: 77% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$283K
to officers and key staff · 13% of spending
Looks good: pay to officers and key staff is 13% of spending; 15% or less.
Pt VII · Sec A
Named funders
11
named funders · $581K
Looks good: 11 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$0
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 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
$2.0M
-7% vs prior year
Spent
$2.2M
To programs
77%
Net assets
$0
By yearFY2020–FY2024
Revenue
$2.0M
FY2024▼ -7%
Tap a bar for its year
Revenue by fiscal year
FY2020$2.1M
FY2021$2.0M
FY2022$1.8M
FY2023$2.2M
FY2024$2.0M
Expenses
$2.2M
FY2024▲ +0.8%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.7M
FY2021$2.0M
FY2022$2.3M
FY2023$2.2M
FY2024$2.2M
Net assets
$0
FY2024▼ -100%
Tap a bar for its year
Net assets by fiscal year
FY2020$599K
FY2021$590K
FY2022$171K
FY2023$173K
FY2024$0

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024.

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

Where the money goes

77 cents of each dollar spent went to programs.

Program services 77% · $1.7M Management & general 22% · $480K Fundraising 1% · $14K

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

8 people listed on the 990; $283K paid to officers and key staff.

Part VII, Section A · reportable compensation
VP of Coaching Services
$100,165Pt VII · Sec A
$95,325Pt VII · Sec A
$87,312Pt VII · Sec A
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 6 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Dean Niewolny——$65,017$225,230$240,320
Robert Karcher—$131,486$114,850$107,887$109,036
James Stollberg$87,312$90,537$100,280——
Rhonda Kehlbeck$100,165————
Thomas McGhee$95,325$97,933———
Vernon McGinnis————$3,800

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.

See Halftime Institute 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 15aYes

Programs and updates

Equips marketplace leaders to discover God's calling through teaching, coaching, and connection.

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Provided by the organization

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3 programs · $1.5M · in their own filed words · FY2024
01

Other

Dream together is a transformation experience that includes the spouse and family of the person experiencing confusion for their journey. This program leaves the entire family with a plan to live their legacy by making a lasting impact in some area of service that appeals to the all of them.

$1.2Mprogram expense
02

Fellows Cohorts

Groups of christian men and women who are successful marketplace leaders at an impasse in their life journey. Placed in a cohort of peers, these leaders experience four facilitated meetings with a proven program that guides them to a life plan for the next chapter of life.

$173Kprogram expense
03

Coaching

Halftime coaches serve christian men and women who are successful marketplace leaders at an impasse in their life journey. Halftime certified coaching provide personalized, executive-style transition coaching to guide these people in developing a plan avoiding common pitfalls in the second-half life journey.

$135Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
See all 11 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$2.0M
Ln 12
Gifts and grantsLn 1h$1.0M
Fees for servicesLn 2g$934K
Investment incomeLn 3$15K
Money outPt IX
$2.2M
Ln 25
Programscol B$1.7M
Managementcol C$480K
Fundraisingcol D$14K
Owns and owesPt X
$0
net assets · Ln 32
Total assetsLn 16$0
LiabilitiesLn 26$0
PeoplePt VI, VII
8
listed · VII A
PaidVII A3
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.0M
Fees for servicesLn 2g$934K
Investment incomeLn 3$15K
Other incomeLn 4–11$2K
Total revenueLn 12$2.0M
Assets in detailPt X, end of year
CashLn 1$0
SavingsLn 2$0
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$0
LiabilitiesLn 26$0
Net assetsLn 32$0
OperationsPt I, VI
EmployeesI 512
VolunteersI 69
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$459K$0
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$680K$0
LiabilitiesLn 26$507K$0
Net assetsLn 32$173K$0
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$183K$144K$38K
Other salaries and wagesLn 7$525K$418K$107K
Pension plan contributionsLn 8$18K$18K
Other employee benefitsLn 9$70K$50K$19K
Payroll taxesLn 10$55K$45K$10K
Other fees for servicesLn 11g$160K$90K$70K
Advertising and promotionLn 12$24K$24K
Office expensesLn 13$55K$28K$27K
Information technologyLn 14$86K$52K$21K$14K
OccupancyLn 16$118K$118K
TravelLn 17$280K$272K$8K
Conferences, conventions and meetingsLn 19$428K$428K
InsuranceLn 23$18K$18K
Other expenses (24a–d)Ln 24$152K$14K$138K
Total functional expensesLn 25$2.2M$1.7M$480K$14K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $2.0M$2.2M−$173K$0 990 PDF
FY2023 $2.2M$2.2M$2K$173K 990 PDF
FY2022 $1.8M$2.3M−$459K$171K 990 PDF
FY2021 $2.0M$2.0M−$58K$590K 990 PDF
FY2020 $2.1M$1.7M$426K$599K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $1,998,596 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,315,511$1,047,752
I-9 Program service revenuePrior year $820,967$933,732
I-10 Investment incomePrior year $12,383$15,237
I-11 Other revenuePrior year $6,443$1,875
I-12 Total revenuePrior year $2,155,304$1,998,596
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 $920,421$849,816
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,233,098$1,321,942
I-18 Total expensesPrior year $2,153,519$2,171,758
I-19 Revenue less expensesPrior year $1,785−$173,162
Part VI · Governance 5 of 5 board members independent, no flags
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,998,596 across 7 lines filed
VIII-1f All other contributions, gifts and grants$1,047,752
VIII-1h Total contributions, gifts and grants$1,047,752
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $933,732$933,732
VIII-3 Investment incomeExcluded from tax $15,237$15,237
VIII-5 RoyaltiesExcluded from tax $356$356
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $1,519$1,519
VIII-12 Total revenueRelated to mission $935,251 · Unrelated business $0 · Excluded from tax $15,593$1,998,596
Part IX · Statement of functional expenses $2,171,758 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $144,283 · Management $38,354$182,637
IX-7 Other salaries and wagesPrograms $418,004 · Management $106,793$524,797
IX-8 Pension plan contributionsPrograms $17,880$17,880
IX-9 Other employee benefitsPrograms $50,137 · Management $19,479$69,616
IX-10 Payroll taxesPrograms $45,006 · Management $9,880$54,886
IX-11g Other fees for servicesPrograms $90,273 · Management $69,763$160,036
IX-12 Advertising and promotionManagement $23,602$23,602
IX-13 Office expensesPrograms $28,096 · Management $27,034$55,130
IX-14 Information technologyPrograms $51,896 · Management $20,758 · Fundraising $13,839$86,493
IX-16 OccupancyPrograms $118,462$118,462
IX-17 TravelPrograms $271,767 · Management $8,256$280,023
IX-19 Conferences, conventions and meetingsPrograms $427,912$427,912
IX-23 InsuranceManagement $17,896$17,896
IX-24 Other expenses (24a–d)Programs $14,356 · Management $138,032$152,388
IX-25 Total functional expensesPrograms $1,678,072 · Management $479,847 · Fundraising $13,839$2,171,758
Part X · Balance sheet $0 assets, 21 lines filed
X-1 Cash, non-interest-bearingStart of year $305,081$0
X-2 Savings and temporary cash investmentsStart of year $153,575$0
X-3 Pledges and grants receivableStart of year $79,459$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $19,768$0
X-10c Land, buildings and equipment, netStart of year $0$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $122,325$0
X-16 Total assetsStart of year $680,208$0
X-17 Accounts payable and accrued expensesStart of year $105,399$0
X-19 Deferred revenueStart of year $304,793$0
X-25 Other liabilitiesStart of year $96,854$0
X-26 Total liabilitiesStart of year $507,046$0
X-27 Net assets without donor restrictionsStart of year −$132,880$0
X-28 Net assets with donor restrictionsStart of year $306,042$0
X-32 Total net assets or fund balancesStart of year $173,162$0
X-33 Total liabilities and net assetsStart of year $680,208$0
Part XI · Reconciliation of net assets $0 net assets at year end
XI-1 Total revenue$1,998,596
XI-2 Total expenses$2,171,758
XI-3 Revenue less expenses−$173,162
XI-4 Net assets at start of year$173,162
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$0

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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