Halo Network Inc

Nonprofit profile at a glance

EIN
270408181
IRS 990 coverage
2012–2025
Official website data refreshed
Sep 2026
Forms available
Form 990 2025, Form 990-EZ 2011
Location
Amityville, NY, USA
Phone
6317897373
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Education N.E.C.

Official website

Reported finances

Revenue
$41,008,566
Expenses
$38,516,422
Assets
$38,568,705
Liabilities
$24,669,375

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

10 people listed

Highest reported compensation

  • Bumi Ojo (COO): $421,645 total reported compensation
  • Olaniyi Falaye (Executive Dir.): $381,179 total reported compensation
  • SHAZIA ARIF (Program Director): $145,916 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Assisting individuals and families with diverse disabilities and needs achieve greater success by providing them with necessary services which will empower them to lifelong success.

What it reported doing in 2025

To assist eligible individuals with Traumatic Brain Injury and to provide support and services in assisting individuals with disabilities to receive comprehensive services in their home and community rather than an institution.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 67
  • Accountability: 85
  • Sustainability: 41
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 89.2%; rating input score 89
  • Program expense ratio: 95.2%; rating input score 95
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 92.9%; rating input score 93; 13th percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 75%; rating input score 75; 12th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 6.1%; rating input score 47; 47th percentile among comparable filings
  • Total-asset coverage ratio: 1; rating input score 29; 29th percentile among comparable filings
  • Liabilities to assets ratio: 0.64; rating input score 17; 17th percentile among comparable filings
  • Officer compensation ratio: 2.8%; rating input score 75; 75th percentile among comparable filings

Growth

  • Program expense growth: 13.9% per year; rating input score 100; 79th percentile among comparable filings
  • Revenue growth: 15.6% per year; rating input score 100; 87th percentile among comparable filings
  • Asset growth: 18.1% per year; rating input score 100; 88th percentile among comparable filings

Details

  • What they do: Mission, programs, and operating context captured from the official website.
  • Where the money goes: 89.2% of revenue deployed · 95.2% of spending went to programs
  • Governance: 6 of 8 board members independent · 9 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $36.7M in reported program spending
  • Leadership: top reported pay $422K · 10 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $1.5M reported
  • Consistency: 26 of 27 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules · includes executive pay
  • Filing history: 9 filing years from 2012 to 2025
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • 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 — Sustainability: Operating margin scored 47/100.
  • High — Sustainability: Total-asset coverage ratio scored 29/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Sustainability: Liabilities to assets ratio scored 17/100.