THE HALO TRUST (USA) INC

EIN: 522158152 501(c)(3) International Affairs

WASHINGTON, DC

Total Revenue
$97,207,878
Total Expenses
$97,641,299
Total Assets
$33,096,498
Net Assets
$32,451,533
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
MD
Principal Officer
JAMES COWAN
Phone
2023311266
Tax Period
2024-04-01 to 2025-03-31

THE HALO TRUST (USA) INC, founded in 1999, is a mid-sized nonprofit in the International Affairs sector that reported $97.2M in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year.

Mission

TO PROTECT LIVES AND RESTORE LIVELIHOODS OF PEOPLE AFFECTED BY CONFLICT.

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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 $96,014,086
Program Service Revenue $0
Investment Income $1,193,792
Other Revenue $0
TOTAL REVENUE $97,207,878

Expense Breakdown

Grants Paid $94,340,108
Salaries & Benefits $2,274,440
Fundraising Expenses $1,144,812
Program Expenses $94,383,665
Other Expenses $1,026,751
TOTAL EXPENSES $97,641,299

Year-over-Year Comparison

2024 2023 Change
Revenue $97,207,878 $111,955,992 -0.1%
Expenses $97,641,299 $88,333,397 +0.1%
Net Income $-433,421 $23,622,595 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
26
Volunteers
N/A

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
4
$315,562
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDREW LYONS BOARD MEMBER 5.00
Director
$0 $0 $0
JAMIE MORIN VICE CHAIR / BOARD MEMBER 5.00
Director
$0 $0 $0
NIGEL ROBINSON BOARD MEMBER 5.00
Director
$0 $0 $0
REXON RYU CHAIR / BOARD MEMBER 5.00
Director
$0 $0 $0
BRAD TIRPAK BOARD MEMBER 5.00
Director
$0 $0 $0
ZAID ZAID BOARD MEMBER 5.00
Director
$0 $0 $0
BASAK YAVUZ BOARD MEMBER 5.00
Director
$0 $0 $0
GRETA LUNDEBERG BOARD MEMBER 5.00
Director
$0 $0 $0
SUSAN LYLIS BOARD MEMBER 5.00
Director
$0 $0 $0
ANASTASIA STATEN BOARD MEMBER 5.00
Director
$0 $0 $0
JONATHAN EVANS BOARD MEMBER 5.00
Director
$0 $0 $0
NINA FITE BOARD MEMBER 5.00
Director
$0 $0 $0
SPENCER BOYER BOARD MEMBER 5.00
Director
$0 $0 $0
JESSICA LEWIS BOARD MEMBER 5.00
Director
$0 $0 $0
CHRIS WHATLEY EXECUTIVE DIRECTOR 40.00
Officer
$211,825 $0 $211,825
ALICE UNWIN SECRETARY / GEN COUNSEL 32.00
Officer
$0 $0 $0
JAMES COWAN PRESIDENT 10.00
Officer
$79,362 $0 $79,362
MICHAEL DARBY TREASURER 5.00
Officer
$24,375 $0 $24,375
DIANA TATILI HEAD OF DEVELOPMENT & COMMUNICATIONS 40.00
Highest
$177,518 $21,782 $199,300
JENNIFER HYMAN HEAD OF COMMUNICATIONS 40.00
Highest
$119,488 $9,092 $128,580
AMASIA ZARGARIAN HEAD OF GOVERNMENT AFFAIRS 40.00
Highest
$109,359 $11,280 $120,639
KRISTEN STEVENS HEAD OF CONGRESSIONAL AFFAIRS 40.00
Highest
$108,783 $11,280 $120,063
ELIZABETH WARREN FINANCE AND ADMINISTRATION MANAGER 40.00
Highest
$102,940 $11,280 $114,220
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
2025 $97,207,878 $97,641,299 $33,096,498 $-433,421
2024 $111,955,992 $88,333,397 $33,389,177 $23,622,595
2023 $57,067,358 $57,690,245 $9,572,605 $-622,887
2022 $47,613,594 $45,609,309 $9,736,478 $2,004,285
2021 $29,623,713 $31,255,137 $7,781,891 $-1,631,424
2020 $33,508,633 $33,369,302 $9,458,568 $139,331
2019 $31,676,382 $36,382,911 $9,260,708 $-4,706,529
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