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Halftime Institute

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 461367917 ✦ Irving, TX ✦ Designated as a 501(c)(3)

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Overview

What is Halftime Institute?

The Halftime Institute is a nonprofit organization situated in Irving, Texas. Its primary focus is on assisting successful marketplace leaders who are facing challenges in their personal lives. The institute organizes cohorts, consisting of both men and women, where individuals engage in four facilitated meetings guided by a proven program. These gatherings aid in the creation of a life plan for the upcoming phase of their lives. Additionally, each participant receives twelve coaching sessions from a certified Halftime Institute coach. The ultimate goal is to empower these leaders with a life plan and grant them access to a global network of Halftime Institute alumni. The institute's mission is to teach, coach, and connect marketplace leaders to discern God's calling in their lives and engage in the issues that Jesus cares about.


Official website here: www.halftimeinstitute.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating)

The Halftime Institute has received a two-star rating from Charity Navigator, indicating that while it demonstrates some strong accountability and financial practices, there are notable areas for improvement. With an overall score of 70%, the organization exhibits excellent governance features, such as a fully independent board and strong policies regarding conflict of interest and whistleblower protections. Additionally, it has a commendable program expense ratio, indicating that a significant portion of its resources is directed toward fulfilling its mission.

However, the nonprofit faces challenges reflected in its financial performance metrics. The liabilities to assets ratio stands at 74.54%, which raises concerns about financial stability. Furthermore, the working capital ratio suggests limited liquidity, as it indicates that the organization may not be able to cover its short-term obligations reliably. The absence of the tax form on its website is also a drawback, which affects transparency and accessibility for stakeholders.

Overall, while the Halftime Institute shows promise in certain respects, addressing its financial weaknesses and enhancing transparency could help improve its rating and effectiveness in serving its community.


This AI summary has been generated from information found on Charity Navigator.

Is Halftime Institute legitimate?

Halftime Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Halftime Institute submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $165,297
Professional Fundraising Fees: $0
Other Salaries and Wages: $672,358

For more financial information, click here


Official website here: www.halftimeinstitute.org

What is the mission statement of Halftime Institute?

The Halftime Institute's mission is to educate, guide, and connect marketplace leaders in discovering their divine calling and engaging with the issues that Jesus holds dear. Through a structured program, this institute forms cohorts of successful professionals who are seeking clarity in their life journeys. These cohorts participate in facilitated meetings, guided by a proven program, and receive personalized coaching sessions from certified coaches. Upon completion, the leaders are equipped with a life plan and gain access to a global network of Halftime Institute alumni.


Official website here: www.halftimeinstitute.org

Who is the CEO of Halftime Institute?

Jim Stollberg is the Trustee of Halftime Institute.


Official website here: www.halftimeinstitute.org

What is the revenue of Halftime Institute?

Halftime Institute's revenue in 2022 was $1,827,443.


Official website here: www.halftimeinstitute.org

Who are the executives of Halftime Institute and what are their salaries?

The average compensation at Halftime Institute during 2022 was $76,150. There are 11 employees and 9 volunteers at Halftime Institute.


Here are 12 key members and their salaries:


Dale Dawson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cecilia Fileti (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Gardner (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Kuehner (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Micah Lacher (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dean Niewolny (Chairman Of The Board)
  • Compensation: $65,017
  • Related: $0
  • Other: $0
Tim Patton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Sikkema (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Spencer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Travelstead (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Stollberg (Co-Director)
  • Compensation: $100,280
  • Related: $0
  • Other: $0
Robert Karcher (Vp Of Coaching Services)
  • Compensation: $114,850
  • Related: $0
  • Other: $0


Official website here: www.halftimeinstitute.org

Where can I find the form 990 for Halftime Institute?

Halftime Institute's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.halftimeinstitute.org

Learn more at the official website: www.halftimeinstitute.org

Mission Statement of Halftime Institute

The Halftime Institute is an organization dedicated to guiding successful marketplace leaders, both men and women, in discovering God's calling for their lives in relation to the issues Jesus cares about the most. Their mission is threefold: teaching, coaching, and connecting these leaders to their divine purpose. Through a structured program, the Institute encourages these individuals to form cohorts with peers, engaging in four facilitated meetings that lead them towards crafting a life plan for their upcoming chapter. Alongside these gatherings, each participant receives individual coaching sessions with a certified Halftime Institute coach, ensuring a comprehensive and personalized approach. Upon completion of the program, these leaders not only possess a life plan but also gain access to a global network of Halftime Institute alumni, fostering a sense of community and ongoing support.

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Impact




July, 2024

Halftime Institute impacts marketplace leaders by guiding them to discover their calling and engage in issues that align with Jesus' teachings. Through their Fellows Cohorts program, successful men and women facing a life impasse are placed in a supportive group of peers and receive personalized coaching to develop a life plan for their next chapter. This unique program equips leaders with a renewed sense of purpose and connects them to a global network of like-minded individuals.




This information is meant to be a general summary of Halftime Institute. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,827,443 (2022)
Expenses
$2,286,185 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,500
  • Program Service Revenue: $691,315
  • Gross Receipts: $1,827,443

Assets and Liabilities:

  • Total Assets: $836,526
  • Total Liabilities: $665,149
  • Net Assets: $171,377

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

FELLOW COHORTS

Revenue

$603,812

COACHING

Revenue

$87,503

Organization Details

Founding Year

2012

Principal Officer

Jim Stollberg

Main Address

1431 GREENWAY DRIVE 230, IRVING, TX, 75038

NTEE Category

Code: P11 - Human services

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