Halftime Institute EIN 46-1367917

Halftime Institute

EIN  46-1367917 Unknown exempt organization Irving, TX
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 9/4/26 · see original filing: IRS
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Size
$1–10M
What they do
Equips marketplace leaders to discover God's calling through teaching, coaching, and connection.
Leadership
Rhonda Kehlbeck · VP of Coaching Services · $100K
Money in and out
$2.0M revenue, $2.2M expenses
Bottom line
-9% surplus margin

Equips marketplace leaders to discover God's calling through teaching, coaching, and connection. For fiscal year 2024 it reported $2.0M in revenue, $2.2M in expenses.Pt I

Reported financial activity · FY2024
Total revenue
$2.0M
Pt VIII · Ln 12
Total expenses
$2.2M
Pt IX · Ln 25
Net assets
$0
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$173K
Where spending went · Part IX cols B–D
Program services $0.77 Management & general $0.22 Fundraising $0.01
Surplus margin
-9%
revenue over expenses, this year▼ -10562% vs prior filing year
Program spending
77%
of expenses reach programs▼ -2% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$2.0M
FY2024▼ -7%
Expenses
$2.2M
FY2024▲ +1%
Total assets
$0
FY2024▼ -100%
Total liabilities
$0
FY2024▼ -100%
Total revenue
$2.0M
Pt VIII · Ln 12
Total expenses
$2.2M
Pt IX · Ln 25
Net assets
$0
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$173K
Total assetsPt X · Ln 16$0
Program-expense ratioPt IX · col B77%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

3 program services account for $1.5M of program spending, described in the organization's 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

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CHalftime Institute
EINHdr · item D46-1367917
Principal addressHdr · item CIrving, TX
WebsiteHdr · item Jhalftimeinstitute.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFpending

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

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.

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Statement of Revenue

Part VIII
Contributions & grants$1.0M · 52%
Program service revenue$934K · 47%
Investment income$15K · 1%
Contributions & grants52%$1.0M
Program service revenue47%$934K
Investment income1%$15K
Other revenue$2K
Total revenueLn 12$2.0M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.77 Management & general $0.22 Fundraising $0.01
Program services77%$1.7M
Management & general22%$480K
Fundraising1%$14K
Total functional expensesLn 25$2.2M

Balance Sheet

Part X · end of year
CashLn 1
Total assetsLn 16$0
Total liabilitiesLn 26$0
Total net assetsLn 32$0

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves — · Operating expenses/yr $2.2M
Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services $1.7M · Total expenses $2.2M
77%
Management & General
Management & general $480K · Total expenses $2.2M
22%
Fundraising
Fundraising $14K · Total expenses $2.2M
1%
Cost to raise $1
Fundraising expense (3-yr avg) $10K · Solicited contributions (3-yr avg) $1.2M
$0.01 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $1.0M · Total revenue $2.0M
52%
Government reliance
Government grants — · Total revenue $2.0M
Earned-income share
Program service revenue $934K · Total revenue $2.0M
47%
Investment reliance
Investment income $15K · Total revenue $2.0M
+1%
Program self-sufficiency
Program service revenue $934K · Total expenses $2.2M
43%
Growth & trend
Revenue growth (YoY)
This year $2.0M · Prior year $2.2M
-7%
Revenue CAGR
FY2020 $2.1M · FY2024 $2.0M
-2%
Net-asset trend (YoY)
End of year $0 · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $2.0M · Expenses $2.2M
-9%
Liabilities-to-Assets
Total liabilities — · Total assets $0
Net-asset ratio
Net assets $0 · Total assets $0
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $0
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Rhonda Kehlbeck · Reported title VP OF COACHING SERVICES · Highest reported compensation $100K · Total expenses $2.2M
5%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $850K · Total expenses $2.2M
39%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 77%
Overhead ratio 22%
Fundraising cost ratio 1%
Revenue growth -7%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$2.0M revenue · viewing · ⤓ 990 PDF
FY2023$2.2M revenue · ⤓ 990 PDF
FY2022$1.8M revenue · ⤓ 990 PDF
FY2021$2.0M revenue · ⤓ 990 PDF
FY2020$2.1M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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