HALFTIME INSTITUTE

EIN: 461367917 501(c)(3)

IRVING, TX

Total Revenue
$1,998,596
Total Expenses
$2,171,758
Total Assets
N/A
Net Assets
N/A
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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
TX
Principal Officer
JAMES STOLLBERG
Phone
2146757887
Tax Period
2024-01-01 to 2024-12-31

HALFTIME INSTITUTE, founded in 2012, is a community nonprofit that reported $2.0M in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year.

Mission

TEACH, COACH, AND CONNECT MARKETPLACE LEADERS TO DISCOVER GOD'S CALLING ON THEIR LIVES AND ENGAGE IN THE ISSUES JESUS CARES ABOVE.

Program Service Accomplishments

Program 1
Expenses: $173,223 Revenue: $631,024

FELLOWS COHORTS: GROUPS OF CHRISTIAN MEN AND WOMEN WHO ARE SUCCESSFUL MARKETPLACE LEADERS AT AN IMPASSE IN THEIR LIFE JOURNEY. PLACED IN A COHORT OF PEERS, THESE LEADERS EXPERIENCE FOUR FACILITATED...

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FELLOWS COHORTS: GROUPS OF CHRISTIAN MEN AND WOMEN WHO ARE SUCCESSFUL MARKETPLACE LEADERS AT AN IMPASSE IN THEIR LIFE JOURNEY. PLACED IN A COHORT OF PEERS, THESE LEADERS EXPERIENCE FOUR FACILITATED MEETINGS WITH A PROVEN PROGRAM THAT GUIDES THEM TO A LIFE PLAN FOR THE NEXT CHAPTER OF LIFE. IN ADDITION TO THESE IN PERSON GATHERINGS, EACH PARTICIPANT RECEIVES 12 SESSIONS OF COACHING FROM A HALFTIME CERTIFIED COACH. UPON COMPLETION OF THE PROGRAM, THESE LEADERS HAVE A LIFE-PLAN AND ACCESS TO A WORLD-WIDE NETWORK OF ALUMNI OF HALFTIME INSTITUTE.

Program 2
Expenses: $134,713 Revenue: $78,775

COACHING: HALFTIME COACHES SERVE CHRISTIAN MEN AND WOMEN WHO ARE SUCCESSFUL MARKETPLACE LEADERS AT AN IMPASSE IN THEIR LIFE JOURNEY. HALFTIME CERTIFIED COACHING PROVIDE PERSONALIZED, EXECUTIVE-STYLE...

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COACHING: HALFTIME COACHES SERVE CHRISTIAN MEN AND WOMEN WHO ARE SUCCESSFUL MARKETPLACE LEADERS AT AN IMPASSE IN THEIR LIFE JOURNEY. HALFTIME CERTIFIED COACHING PROVIDE PERSONALIZED, EXECUTIVE-STYLE TRANSITION COACHING TO GUIDE THESE PEOPLE IN DEVELOPING A PLAN AVOIDING COMMON PITFALLS IN THE SECOND-HALF LIFE JOURNEY. FOLLOWING A CURRICULUM CULLED FROM 20+ YEARS OF EQUIPPING LEADERS TO DICERN AND ENGAGE IN A MEANINGFUL MANNER, PARTICPANTS GO DEEPER SPIRITUALLY AND RELATIONALLY, WITH MORE MARGIN FOR GOD, THEIR SPOUSE, AND FAMILY.

Program 3
Expenses: $1,237,137 Revenue: $169,349

OTHER: DREAM TOGETHER IS A TRANSFORMATION EXPERIENCE THAT INCLUDES THE SPOUSE AND FAMILY OF THE PERSON EXPERIENCING CONFUSION FOR THEIR JOURNEY. THIS PROGRAM LEAVES THE ENTIRE FAMILY WITH A PLAN TO...

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OTHER: DREAM TOGETHER IS A TRANSFORMATION EXPERIENCE THAT INCLUDES THE SPOUSE AND FAMILY OF THE PERSON EXPERIENCING CONFUSION FOR THEIR JOURNEY. THIS PROGRAM LEAVES THE ENTIRE FAMILY WITH A PLAN TO LIVE THEIR LEGACY BY MAKING A LASTING IMPACT IN SOME AREA OF SERVICE THAT APPEALS TO THE ALL OF THEM. IN ADDITION TO PROGRAM GATHERINGS, HALFTIME OFFERS BOOKS, PODCASTS, WEBINARS AND A NEWSLETTER THAT DESCRIBES THE JOURNEY AND OFFER HELP TO THOSE STRUGGLING WITH THEIR SECOND-HALD PURPOSE IN LIFE. THOUSANDFOLD IS IS A MEMBERS PROGRAM THAT HAS RESOURCES AND WEBINARS FOR INDIVIDUALS.

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,047,752
Program Service Revenue $933,732
Investment Income $15,237
Other Revenue $1,875
TOTAL REVENUE $1,998,596

Expense Breakdown

Grants Paid $0
Salaries & Benefits $849,816
Fundraising Expenses $13,839
Program Expenses $1,678,072
Other Expenses $1,321,942
TOTAL EXPENSES $2,171,758

Year-over-Year Comparison

2024 2023 Change
Revenue $1,998,596 $2,155,304 -0.1%
Expenses $2,171,758 $2,153,519 +0.0%
Net Income $-173,162 $1,785 -98.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
5
Independent Members
5
Employees
9
Volunteers
5

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
3
$205,045
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DALE DAWSON CHAIRMAN 40.00
Officer Director
$0 $0 $0
KAREN HUNG TRUSTEE 1.00
Director
$0 $0 $0
JAY GARDNER TRUSTEE 1.00
Director
$0 $0 $0
PAUL KUEHNER TRUSTEE 1.00
Director
$0 $0 $0
JOHN SIKKEMA TRUSTEE 1.00
Director
$0 $0 $0
JAMES STOLLBERG CO-CEO 40.00
Officer
$87,312 $12,710 $100,022
THOMAS MCGHEE CO-CEO 40.00
Officer
$95,325 $9,698 $105,023
RHONDA KEHLBECK VP OF COACHING SERVICES 40.00
Highest
$100,165 $2,319 $102,484
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 $1,998,596 $2,171,758 No data $-173,162
2023 $2,155,304 $2,153,519 $680,208 $1,785
2022 $1,827,443 $2,286,185 $836,526 $-458,742
2021 $1,969,897 $2,028,331 $1,087,159 $-58,434
2020 $2,148,232 $1,722,193 $916,394 $426,039
2018 $2,529,967 $2,342,419 $896,063 $187,548
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