HALLIBURTON CHARITABLE FOUNDATION

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2008

Legal Domicile

Principal Officer

RICHARD WHILES

Phone

7132941614

Tax Period

2023-01-01 to 2023-12-31

HALLIBURTON CHARITABLE FOUNDATION, founded in 2008, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $2.9M in total revenue in fiscal year 2023.

Mission

TO RAISE FUNDS FOR TAX-EXEMPT ORGANIZATIONS.

Program Service Accomplishments

Program 1

Expenses: $3,198,438 Revenue: $0

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.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,168,041

Program Service Revenue $0

Investment Income $226

Other Revenue $-256,302

TOTAL REVENUE $2,911,965

Expense Breakdown

Grants Paid $3,197,613

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,198,438

Other Expenses $825

TOTAL EXPENSES $3,198,438

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,911,965	$3,019,838	0.0%
Expenses	$3,198,438	$3,297,874	0.0%
Net Income	$-286,473	$-278,036	+0.0%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LISA MODICA	PRESIDENT & DIRECTOR	2.00	Officer Director	$0	$0	$0
MELISSA SOWELL	SECRETARY & DIRECTOR	2.00	Officer Director	$0	$0	$0
RICHARD WHILES	TREASURER & DIRECTOR	2.00	Officer Director	$0	$0	$0
BRIAN SALAZAR	GENERAL COUNSEL	2.00	Officer	$0	$0	$0
ANURADHA BHATLAPENUMERTHI	TAX OFFICER	2.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$2,911,965	$3,198,438	$519,427	$-286,473
2022	$3,019,838	$3,297,874	$805,900	$-278,036
2021	$2,046,490	$2,596,951	$1,083,936	$-550,461
2020	$99,838	$454,800	$1,634,397	$-354,962