Civic Intelligence

Halo House Foundation

990 • Fiscal year 2018 • EIN 27-1220705

Jan 01, 2018 to Dec 31, 2018 • Filed on Sep 17, 2019

2940 Corder StHouston, TX 77054

(713) 665-8852

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

8th percentile

0.00x

Higher debt load relative to assets than 8% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

7th percentile

0.01x

Higher debt load relative to revenue than 7% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

98th percentile

90%

Higher net margin than 98% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

12th percentile

$0

Higher top officer pay than 12% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

95th percentile

61%

Faster asset growth than 95% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

96th percentile

144%

Faster revenue growth than 96% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Assets

Up

$10,048,405

Up $3,796,117 (+61%) from 2017

Net Assets

Up

$10,023,906

Up $3,779,106 (+61%) from 2017

Liabilities

Up

$24,499

Up $17,011 (+227%) from 2017

Revenue

Up

$4,215,475

Up $2,488,411 (+144%) from 2017

Expenses

Up

$436,369

Up $122,984 (+39%) from 2017

Net Income

Up

$3,779,106

Up $2,365,427 (+167%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0Assets 2014: $2,118,830Liabilities 2014: $3,391Net Assets 2014: $2,115,4392014Assets 2015: $3,908,597Liabilities 2015: $9,493Net Assets 2015: $3,899,1042015Assets 2016: $4,888,809Liabilities 2016: $57,687Net Assets 2016: $4,831,1222016Assets 2017: $6,252,288Liabilities 2017: $7,488Net Assets 2017: $6,244,8002017Assets 2018: $10,048,405Liabilities 2018: $24,499Net Assets 2018: $10,023,9062018Assets 2019: $11,462,245Liabilities 2019: $12,724Net Assets 2019: $11,449,5212019Assets 2020: $16,096,598Liabilities 2020: $19,724Net Assets 2020: $16,076,8742020Assets 2021: $16,177,181Liabilities 2021: $13,455Net Assets 2021: $16,163,7262021Assets 2022: $16,506,814Liabilities 2022: $13,917Net Assets 2022: $16,492,8972022Assets 2023: $16,675,046Liabilities 2023: $16,218Net Assets 2023: $16,658,8282023Assets 2024: $18,764,817Liabilities 2024: $19,467Net Assets 2024: $18,745,3502024

Highlighted filing

2018

Assets$10,048,405
Liabilities$24,499
Net Assets$10,023,906

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2014: $1,167,250Expenses 2014: $302,339Net Income 2014: $864,9112014Revenue 2015: $1,697,230Expenses 2015: $246,899Net Income 2015: $1,450,3312015Revenue 2016: $1,186,588Expenses 2016: $254,570Net Income 2016: $932,0182016Revenue 2017: $1,727,064Expenses 2017: $313,385Net Income 2017: $1,413,6792017Revenue 2018: $4,215,475Expenses 2018: $436,369Net Income 2018: $3,779,1062018Revenue 2019: $2,769,708Expenses 2019: $1,344,093Net Income 2019: $1,425,6152019Revenue 2020: $890,051Expenses 2020: $975,838Net Income 2020: -$85,7872020Revenue 2021: $1,104,819Expenses 2021: $1,017,967Net Income 2021: $86,8522021Revenue 2022: $1,407,510Expenses 2022: $1,078,339Net Income 2022: $329,1712022Revenue 2023: $1,483,438Expenses 2023: $1,317,507Net Income 2023: $165,9312023Revenue 2024: $3,506,522Expenses 2024: $1,420,000Net Income 2024: $2,086,5222024

Highlighted filing

2018

Revenue$4,215,475
Expenses$436,369
Net Income$3,779,106
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Sep 17, 2019
Return Version
2018v3.1
Gross Receipts
$4,296,012
Mission and Program Overview

Mission

Halo House's mission is to help save the lives of cancer patients battling leukemia, lymphoma, or myeloma by providing them with low cost, fully furnished temporary housing while they are undergoing active treatment for their cancer at the Texas Medical Center.

Halo house's mission is to help save the lives of cancer patients battling leukemia, lymphoma or myeloma by providing them with fully furnished temporary housing at a very low cost while they are undergoing active treatment for their cancer at the texas medical center.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$6,244,800$10,023,906▲ $3,779,106
Cash and Non-Interest-Bearing Accounts$6,185,768$7,169,479▲ $983,711
Land, Buildings, and Equipment, Net-$2,878,926-
Total Assets$6,252,288$10,048,405▲ $3,796,117
Other Assets Total$66,520$0▼ $66,520
Liabilities
Other Liabilities$7,488$24,499▲ $17,011
Total Liabilities$7,488$24,499▲ $17,011
Net Assets / Fund Balance
Total Net Assets Fund Balance$6,244,800$10,023,906▲ $3,779,106
Total Liabilities and Net Assets / Fund Balance$6,252,288$10,048,405▲ $3,796,117

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,878,926-$2,878,926
Other Land Buildings$0$112,197$112,197
Land$0-$0
Compensation and Service Providers

Board Members and Trustees

NameTitle
Nathan H Fowler MdPresident / Founder
Kathleen M FowlerExecutive Vice President/co-founder
Barbara Bowman Jd RnVice President
Cali SokolDirector
Carol BuckDirector
Elizabeth Shpall MdDirector
John DazeyDirector
Lance JohnsonDirector
Maria Alma Rodriguez MdDirector
Melinda Sturgess Rn Cphrm ClDirector
Mike PackDirector
Sharam HonariDirector
Sonia AzadDirector
Shazia KhanSecretary
Paulina MarvanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,681,077
Program Service Revenue
$78,271
Investment Income
$18,684
Other Revenue
$437,443
All Other Contributions
$3,681,077
Change in Net Assets
$3,779,106

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,215,475
Revenue Not Reported on Form 990
$479,532
Total Revenue per Audited Statements
$4,695,007
Total Revenue per Form 990
$4,215,475
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$321,532
Salaries, Compensation, and Employee Benefits$114,837
Total Fundraising Expense$26,700
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$107,297$0$0$107,297
Other Salaries and Wages$80,301$10,707$16,060$107,068
All Other Expenses$36,324$0$0$36,324
Occupancy$8,747$4,373$4,373$17,493
Office Expenses$8,038$4,019$4,019$16,076
Fees for Services Accounting$0$13,500$0$13,500
Payroll Taxes$6,992$777$0$7,769
Other Expenses$1,991$443$1,992$4,426
Insurance$1,520$1,582$0$3,102
Total Functional Expenses$371,964$37,705$26,700$436,369

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$436,369
Total Expenses per Form 990$436,369
Total Expenses per Audited Statements$389,072
Expenses Not Reported on Form 990$-47,297
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$517,980
Fundraising Direct Expenses$80,537
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Card Payable$23,799
Accrued Expenses$700
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Halo House Foundation
EIN
27-1220705
Phone
7136658852
Address
2940 CORDER ST, HOUSTON, TX 77054

Signing Officer

Name
Nathan Fowler Md
Title
President
Phone
7136658852
Signed
2019-09-17

Organization Details

Principal Officer
Nathan Fowler Md
Formed
2009
Legal Domicile
TX
Voting Board Members
15
Independent Board Members
15
Employees
3
Volunteers
83

Preparer

Firm
Mike Pack Pc CPA
Address
4151 SOUTHWEST FREEWAY SUITE 700, HOUSTON, TX 77027
Preparer
Mike Pack Pc
Phone
7136672857
Supplemental Narrative

Additional Explanations

Pt VI, Line 2

Nathan h. Fowler, md (president and founder) is the son of kathleen m. Fowler(executive director and co-founder). Both are officers and neither one receives any compensation.

Pt VI, Line 11B

The officers & directors of halo house foundation reviewed the prepared form 990 at the regularly scheduled meeting.

Pt XI

Line 9 changes in net assets: accrual to cash audit adjustment

Pt X

ROUNDING

Form 990, Part IX, Line 24E

Utilities 36324. 36324. 0. 0.

Financial Statement Notes

Pt XII, Line 2D

Depreciation - book to tax difference

Pt XI, Line 2D

Adjustment of receivables for accrual to cash basis

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IRS990/OfficeExpensesGrp/ProgramServicesAmt08038
IRS990/OfficeExpensesGrp/TotalAmt016076
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt066520
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherExpensesGrp/Desc0PROGRAM EXPENSES
IRS990/OtherExpensesGrp/Desc1CONTRACT SERVICES
IRS990/OtherExpensesGrp/Desc2CREDIT CARD PROCESSING
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt1256
IRS990/OtherExpensesGrp/FundraisingAmt21992
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12304
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2443
IRS990/OtherExpensesGrp/ProgramServicesAmt0120754
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt21991
IRS990/OtherExpensesGrp/TotalAmt0120754
IRS990/OtherExpensesGrp/TotalAmt12560
IRS990/OtherExpensesGrp/TotalAmt24426
IRS990/OtherLiabilitiesGrp/BOYAmt07488
IRS990/OtherLiabilitiesGrp/EOYAmt024499
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt016060
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt010707
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt080301
IRS990/OtherSalariesAndWagesGrp/TotalAmt0107068
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0777
IRS990/PayrollTaxesGrp/ProgramServicesAmt06992
IRS990/PayrollTaxesGrp/TotalAmt07769
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0NATHAN FOWLER MD
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM RENTAL
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt078271
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01279040
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt03059
IRS990/PYOtherExpensesAmt0222056
IRS990/PYOtherRevenueAmt0366019
IRS990/PYProgramServiceRevenueAmt078946
IRS990/PYRevenuesLessExpensesAmt01413679
IRS990/PYSalariesCompEmpBnftPaidAmt091329
IRS990/PYTotalExpensesAmt0313385
IRS990/PYTotalRevenueAmt01727064
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt03779106
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt078271
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt06244800
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt010023906
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt03681077
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01279040
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0785550
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01264795
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01071039
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt08081501
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt078271
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt078946
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt066960
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt059030
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt062020
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0345227
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt08426728
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt03759348
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01357986
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0852510
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01323825
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01133059
IRS990ScheduleA/Total509Grp/TotalAmt08426728
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt08426728
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt02878926
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02878926
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0371000
IRS990ScheduleD/DonatedServicesUseFcltsAmt060000
IRS990ScheduleD/ExpensesNotReportedAmt0-47297
IRS990ScheduleD/ExpensesSubtotalAmt0436369
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherExpensesIncludedAmt0-107297
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0112197
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0112197
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt023799
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1700
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CREDIT CARD PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED EXPENSES
IRS990ScheduleD/OtherRevenueAmt0108532
IRS990ScheduleD/RevenueNotReportedAmt0479532
IRS990ScheduleD/RevenueSubtotalAmt04215475
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0DEPRECIATION - BOOK TO TAX DIFFERENCE
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1ADJUSTMENT OF RECEIVABLES FOR ACCRUAL TO CASH BASIS
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt XII, Line 2d
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt XI, Line 2d
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02878926
IRS990ScheduleD/TotalExpensesPerForm990Amt0436369
IRS990ScheduleD/TotalLiabilityAmt024499
IRS990ScheduleD/TotalRevenuePerForm990Amt04215475
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04695007
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0389072
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NATHAN H. FOWLER, MD (PRESIDENT AND FOUNDER) IS THE SON OF KATHLEEN M. FOWLER(EXECUTIVE DIRECTOR AND CO-FOUNDER). BOTH ARE OFFICERS AND NEITHER ONE RECEIVES ANY COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE OFFICERS & DIRECTORS OF HALO HOUSE FOUNDATION REVIEWED THE PREPARED FORM 990 AT THE REGULARLY SCHEDULED MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2LINE 9 CHANGES IN NET ASSETS: ACCRUAL TO CASH AUDIT ADJUSTMENT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ROUNDING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UTILITIES 36324. 36324. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt XI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt X
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0TX
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt06252288
IRS990/TotalAssetsEOYAmt010048405
IRS990/TotalAssetsGrp/BOYAmt06252288
IRS990/TotalAssetsGrp/EOYAmt010048405

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