Rene G Haley Initiative is a 501(c)(3) organization based in Bowie, Maryland, registered in 2022, with $52,568 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$53K
▼ 32.0% vs prior year
Recreation median: $129K
Expenses (FY2023)
$44K
Net assets
$45K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Rene G Haley Initiative— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Rene G Haley Initiative: 12 mo reserves · +16% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Rene G Haley Initiative— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Rene G Haley Initiative: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $77K (FY2022) to $53K (FY2023) across 2 reported years.
Financial snapshot
Operating margin
16.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$45K
Total liabilities
$0
Net assets
$45K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $52,568▼32.0% | $44,111▲7.4% | $44,683▲23.3% | $44,683▲23.3% | 990 |
| 2022 | $77,313 | $41,087 | $36,226 | $36,226 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Rene G Haley Initiative (EIN 87-3826483) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.