Halo Foundation

What it reported doing in 2024

Halo provides housing, healing, and education for at-risk and homeless children in need, including the following: the halo tlp-housing/transitional living program (18-24 month program), provides housing for pregnant, parenting and non-parenting youth ages 16-21, and their dependents, in homeless or high-risk situations. The jefferson city halo tlp provided housing for 34 homeless youth. The jefferson city learning center & halo boys program serves homeless or at-risk youth in afterschool programs. The boys program serves high school age males in homeless or at-risk situations. 165 youth were served, with 172 programs at halo boys program and 34 in halo learning center facilitated. The Kansas city learning center serves youth in homeless or at-risk situations in after-school programs. 374 youth served, 215 programs/workshops facilitated. The halo tlp helps youth exit "crisis mode, and set long-term goals to learn how to live independently. In the jefferson city tlp 92% of youth exited to safe and appropriate locations with 45% youth securing employment. 82% graduated high school or were regularly attending school upon completion of the program. 150 aftercare services were facilitated upon exiting the program. This program provides children of parenting teens a safe and stable living environment and assistance in securing daycare. Participating youth are required to be enrolled in school and obtain part-time employment. High school graduates must either obtain full-time employment or start college classes. Youth are required to participate in life-skills workshops, and parenting youth must attend parenting classes. Each youth meets weekly with halo staff to assess their goals and progress.

Financial Efficiency

• Mission deployment rate: 63%; rating input score 63
• Program expense ratio: 88.2%; rating input score 88
• Fundraising efficiency: $58.67 raised per $1 spent on fundraising; rating input score 80; 80th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: 1 of 8 controls in place; rating input score 12
  • Claims monitoring procedures: Pass
  • Requires narrative reports: Fail
  • Conducts field audits: Fail
  • May suspend future funding: Fail
  • Requires financial reports: Fail
  • Conducts site visits: Fail
  • Requires grant agreements: Fail
  • May require repayment: Fail
• Grant itemization coverage: 100%; rating input score 100; 72nd 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: 6 of 8 controls in place; rating input score 75
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Fail
  • Document-retention policy: Pass
  • CEO compensation review process: Fail
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 39.7%; rating input score 89; 89th percentile among comparable filings
• Total-asset coverage ratio: 11.24; rating input score 92; 92nd percentile among comparable filings
• Liabilities to assets ratio: 0.06; rating input score 67; 67th percentile among comparable filings
• Officer compensation ratio: 1.2%; rating input score 79; 79th percentile among comparable filings

Growth

• Program expense growth: 9.5% per year; rating input score 100; 62nd percentile among comparable filings
• Revenue growth: 7% per year; rating input score 100; 54th percentile among comparable filings
• Asset growth: 26.1% per year; rating input score 100; 90th percentile among comparable filings