Halliburton Charity Golf Tournament
Legal name: Halliburton Charitable Foundation
Nonprofit profile at a glance
- EIN
- 262383244
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Aug 2026
- Forms available
- Form 990 2024
- Location
- Houston, TX, USA
- Phone
- 281-575-5894
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Corporate Foundations
Reported finances
- Revenue
- $3,811,062
- Expenses
- $3,255,186
- Assets
- $1,150,303
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- LISA MODICA (PRESIDENT & DIRECTOR)
People named in this filing
- CRISTINA MARIE CAVE (SECRETARY & DIRECTOR (AS OF 9/24))
- LISA MODICA (PRESIDENT & DIRECTOR)
- MELISSA SOWELL (SECRETARY & DIRECTOR (UNTIL 9/24))
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Support nonprofit organizations that improve the lives of those who live and work in communities where Halliburton operates.
What it reported doing in 2024
Proceeds from the golf tournament benefit a select group of charities with plans to make a significant impact through a major capital expenditure or a special community program. Selected nonprofits must serve a specific audience and demonstrate the reach and impact of the proposed capital expenditure or community program.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 81
- Transparency & Controls: 94
- Accountability: 76
- Sustainability: 58
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 85.4%; rating input score 85
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 99.8%; rating input score 100; 41st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 3 of 7 controls in place; rating input score 43
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 14.6%; rating input score 70; 70th percentile among comparable filings
- Total-asset coverage ratio: 0.35; rating input score 11; 11th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 97; 97th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 91; 91st percentile among comparable filings
Growth
- Program expense growth: 28% per year; rating input score 100; 91st percentile among comparable filings
- Revenue growth: 7.9% per year; rating input score 100; 59th percentile among comparable filings
- Asset growth: 8.7% per year; rating input score 100; 53rd percentile among comparable filings
Details
- What they do: 2 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 85.4% of revenue deployed · 100% of spending went to programs
- Governance: 3 of 3 board members independent · 3 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $3.3M in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 16 of 16 current checks pass
- Schedules: 6 filed schedules · includes major donors and grants
- Filing history: 6 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 108 filed money-flow records
- Related organizations: 108 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Accountability: Governance controls: 3 of 6 not reported.
- High — Sustainability: Total-asset coverage ratio scored 11/100.