Totals
- Total revenue
- $3,411,882
- Total expenses
- $3,524,302
- Contributions and grants received
- $3,176,655
- Grants paid
- $635,436
- Program service revenue
- $0
- Investment income
- $120,237
- Other revenue
- $114,990
- Total assets, end of year
- $1,493,256
- Total liabilities, end of year
- $186,155
- Net assets or fund balances, end of year
- $1,307,101
- Program services expenses (Part IX)
- $2,480,059
- Management and general expenses
- $785,548
- Fundraising expenses
- $258,695
- Program service expenses (Part III)
- $2,480,059
Program services were 70.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$32,500
-
1e · Government grants (contributions)
$639,888
-
1f · All other contributions, gifts and grants
$2,504,267
-
1g · Noncash contributions included above
$273,718
-
3 · Investment income
total $27,045 · excluded $27,045
-
7a · Gross sales of assets other than inventory
securities $156,640
-
7b · Less cost or other basis and sales expenses
securities $63,448
-
7c · Gain or loss
securities $93,192
-
7d · Net gain or loss
total $93,192 · excluded $93,192
-
11a · Other revenue: MISCELLANEOUS
total $114,990 · excluded $114,990
-
11e · Other revenue, total
$114,990
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $370,688 · program services $370,688
-
3 · Grants to foreign organizations and individuals
total $264,748 · program services $264,748
-
5 · Compensation of officers, directors and key employees
total $830,272 · program services $524,477 · management and general $119,802 · fundraising $185,993
-
7 · Other salaries and wages
total $1,049,859 · program services $923,329 · management and general $104,985 · fundraising $21,545
-
8 · Pension plan contributions
total $15,448 · program services $13,917 · fundraising $1,531
-
9 · Other employee benefits
total $61,091 · program services $55,852 · management and general $5,073 · fundraising $166
-
10 · Payroll taxes
total $139,305 · program services $107,735 · management and general $16,797 · fundraising $14,773
-
11b · Fees: legal
total $4,769 · management and general $3,397 · fundraising $1,372
-
11c · Fees: accounting
total $33,469 · program services $2,881 · management and general $29,641 · fundraising $947
-
11g · Fees: other
total $115,939 · program services $58,551 · management and general $53,318 · fundraising $4,070
-
12 · Advertising and promotion
total $84,342 · program services $9,721 · management and general $74,283 · fundraising $338
-
13 · Office expenses
total $75,182 · program services $29,382 · management and general $44,960 · fundraising $840
-
14 · Information technology
total $75,851 · program services $13,877 · management and general $59,295 · fundraising $2,679
-
16 · Occupancy
total $240,817 · program services $71,690 · management and general $169,127
-
17 · Travel
total $44,259 · program services $22,325 · management and general $14,705 · fundraising $7,229
-
19 · Conferences, conventions and meetings
total $72,151 · program services $9,880 · management and general $46,238 · fundraising $16,033
-
22 · Depreciation, depletion and amortization
total $6,553 · management and general $6,553
-
23 · Insurance
total $22,106 · management and general $22,106
-
24a · Other expenses: ARTIST FEES
total $17,453 · program services $1,006 · management and general $15,268 · fundraising $1,179
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $649,847 · end of year $641,063
-
3 · Pledges and grants receivable
end of year $5,000
-
4 · Accounts receivable
beginning of year $612,371 · end of year $376,051
-
7 · Other notes and loans receivable
beginning of year $79,614 · end of year $50,762
-
10a · Land, buildings and equipment: cost or other basis
$20,492
-
10b · Land, buildings and equipment: accumulated depreciation
$453
-
10c · Land, buildings and equipment, net
beginning of year $12,392 · end of year $20,039
-
11 · Investments: publicly traded securities
beginning of year $89,590 · end of year $312,901
-
15 · Other assets
beginning of year $71,078 · end of year $87,440
-
17 · Accounts payable and accrued expenses
beginning of year $108,413 · end of year $186,155
-
27 · Net assets without donor restrictions
beginning of year $787,037 · end of year $1,307,101
-
28 · Net assets with donor restrictions
beginning of year $619,442 · end of year $0
Mission and programs · 2023
Mission
HALCYON LIFTS UP INNOVATORS AND CREATORS WHO SEEK TO MAKE THE WORLD A BETTER PLACE, GIVING THEM THE TOOLS AND OPPORTUNITIES THEY NEED TO BRING THEIR IDEAS TO LIFE.
Activities or mission (Part I)
HALCYON LIFTS UP INNOVATORS AND CREATORS WHO SEEK TO MAKE THE WORLD A BETTER PLACE.
-
HALCYON INCUBATOR AND INTENSIVES: THE PROGRAM OFFERS FELLOWSHIPS TO SUPPORT EARLY-STAGE IMPACT-DRIVEN BUSINESS FOUNDERS FROM AROUND THE WORLD. THE FELLOWSHIPS INCLUDE A FOUR-MONTH RESIDENTIAL FELLOWSHIP IN WASHINGTON, D.C., AS WELL AS INTENSIVE FELLOWSHIPS THAT SERVE DIFFERENT INTERNATIONAL COMMUNITIES, SECTORS, OR DEMOGRAPHIC GROUPS WITH TAILORED NEEDS. HALCYON'S FELLOWSHIPS OFFER A COMBINATION OF LEADERSHIP COACHING, LEGAL SUPPORT, CONSULTING SUPPORTING, COACHING, MENTORSHIP, RESIDENCY, SKILL-BUILDING, AND CASH STIPENDS TO HELP FOUNDERS SCALE BUSINESSES SOLVING PROBLEMS IN EVERY SECTOR, FROM EDUCATION, TO ENERGY, TO HEALTH CARE. HALCYON INCUBATOR OFFERS THESE FELLOWSHIPS AT NO COST TO PARTICIPATING ENTREPRENEURS, AND TAKES NO EQUITY IN THEIR VENTURES FOR THE FELLOWSHIP.SINCE LAUNCHING IN 2014 HALCYON HAS SUPPORTED 288 STARTUP VENTURES, WHICH HAVE GONE ON TO RAISE ALMOST $500 MILLION TO SCALE THEIR BUSINESSES, CREATE OVER 6,000 JOBS, AND IMPACT THE LIVES OF 9.3 MILLION PEOPLE AROUND THE WORLD. SEVENTY-EIGHT PERCENT OF OUR VENTURES HAD A FOUNDER OF COLOR, AND SEVENTY-FIVE PERCENT HAVE A WOMAN FOUNDER OR CO-FOUNDER. SOURCED AT THEIR FOUNDING STAGES, 84% OF VENTURES ARE STILL IN OPERATION TODAY.
Expenses $2,077,186 · Grants $635,436
-
IMPACT INVESTING: AS PART OF ITS EFFORT TO GROW THE IMPACT-DRIVEN BUSINESS ECOSYSTEM AND FUEL IMPACT-DRIVEN STARTUPS, HALCYON HAS LAUNCHED THREE FUNDING VEHICLES. WHILE HALCYON INCUBATOR FELLOWSHIPS TAKE NO EQUITY, FOUNDERS SHARED A NEED FOR ACCESS TO LIKEMINDED FUNDERS, LEADING HALCYON TO CREATE:1) THE HALYON FUND, A $5M INVESTMENT FUND SUPPORTING HALCYON INCUBATOR VENTURES THAT DO WANT TO PURSUE VENTURE CAPITAL FUNDING. TO DATE, THE HALCYON FUND HAS A PORTFOLIO OF 12 VENTURES.2) HALCYON ANGELS, AN ACTIVE ANGEL INVESTING GROUP THAT SEES HALCYON INCUBATOR VENTURES AS WELL AS OTHER EARLY-STAGE IMPACT-DRIVEN STARTUPS. THE HALCYON ANGELS MEET SIX TIMES PER YEAR TO HEAR PITCHES.3) HALCYON MICROLOAN FUND, AN ALTERNATIVE FUNDING SOURCE FOR D.C.-BASED HALCYON INCUBATOR VENTURES THAT CHOOSE NOT TO PURSUE VENTURE CAPITAL FUNDING AT THIS TIME, BUT CAN BENEFIT FROM AN INFUSION OF FUNDING. LOANS OF UP TO $20,000 ARE AVAILABLE, WITH GENEROUS TERMS DESIGNED TO SUPPORT SCALING THE VENTURES.
Expenses $402,873
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Martha MetzMARTHA METZ
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Byron BarnesBYRON BARNES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Petrocelli BrooksPETROCELLI BROOKS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Howard EisenbergHOWARD EISENBERG
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Michelle Difebo FreemanMICHELLE DIFEBO FREEMAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
W Matthew KellyW MATTHEW KELLY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Patrice King BrickmanPATRICE KING BRICKMAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Sachiko Kuno PhDSACHIKO KUNO PHD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Micky PantMICKY PANT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Max PetersonMAX PETERSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Karyn SmithKARYN SMITH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kerone VatelKERONE VATEL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kate GoodallKATE GOODALL
CHIEF EXECUTIVE OFFICER
- Total calculated
- $242,693
- From this org
- $229,829
- From related orgs
- $0
- Other
- $12,864
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $229,829
- Bonus
- $0
- Other
- $0
- Deferred
- $3,894
- Nontaxable benefits
- $8,970
- Filer's total
- $242,693
-
Kimberly RobertsKIMBERLY ROBERTS
CHIEF DEVELOPMENT OFFICER
- Total calculated
- $196,748
- From this org
- $181,766
- From related orgs
- $0
- Other
- $14,982
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $181,766
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $14,982
- Filer's total
- $196,748
-
Daniel BarkerDANIEL BARKER
MANAGING DIRECTOR
- Total calculated
- $191,715
- From this org
- $171,652
- From related orgs
- $0
- Other
- $20,063
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $171,652
- Bonus
- $0
- Other
- $0
- Deferred
- $5,048
- Nontaxable benefits
- $15,015
- Filer's total
- $191,715
-
Dahna GoldsteinDAHNA GOLDSTEIN
CHIEF INVESTMENT OFFICER
- Total calculated
- $191,616
- From this org
- $185,829
- From related orgs
- $0
- Other
- $5,787
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $178,329
- Bonus
- $7,500
- Other
- $0
- Deferred
- $5,241
- Nontaxable benefits
- $546
- Filer's total
- $191,616
-
Karina BurgerKARINA BURGER
CONTROLLER
- Total calculated
- $120,149
- From this org
- $108,448
- From related orgs
- $0
- Other
- $11,701
- Hours/week
- 40
-
Robert CorsonROBERT CORSON
SR DIR OF EVENTS AND OPERATIONS
- Total calculated
- $124,245
- From this org
- $110,910
- From related orgs
- $0
- Other
- $13,335
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Form 990 of other organizations
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 7 · Other non-fixed payments
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 7
- DAHNA GOLDSTEIN RECEIVED A BONUS OF $7,500 IN 2023.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(3) · PROMOTE IMPACT-DRIVEN BUSINESSES, IMPROVE CONDITIONS FOR INVESTORS · DC · controlled entity
Directly controlled by HALCYON HOUSE
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
HALCYON FUND GP LLC
VENTURE CAPITAL FUND · DE
Directly controlled by HALCYON HOUSE
-
HALCYON INVESTMENT MANAGEMENT LLC
VENTURE CAPITAL FUND · DE · income $99,600 · assets $104,808
Directly controlled by HALCYON HOUSE
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 6 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202413129349301926
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.