2022-11-09T18:36:31-06:00 2021-12-31 111986323 MARCUM LLP 1899 L STREET NW SUITE 850 WASHINGTON DC 20036 990 2021-01-01 814819533 HALCYON HOUSE HALC 2027964240 3400 PROSPECT STREET NW WASHINGTON DC 20007 KATE GOODALL CHIEF EXECUTIVE OFFICER 2027964240 2022-11-09 1 KATE GOODALL XXX-XX-XXXX FRANK H SMITH P00639053 2022274000 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z KATE GOODALL 3400 PROSPECT STREET NW WASHINGTON DC 20007 3189607 0 X HALCYONHOUSE.ORG X 2017 DC HALCYON LIFTS UP INNOVATORS AND CREATORS WHO SEEK TO MAKE THE WORLD A BETTER PLACE. 10 10 22 62 0 0 2873974 2953167 225536 63865 0 87 43008 84194 3142518 3101313 388370 382856 0 0 1546384 1730096 0 0 214910 806520 922723 2741274 3035675 401244 65638 1090938 1434839 329093 586790 761845 848049 X 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. 0 0 1225061 382856 0 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 228 STARTUP VENTURES, WHICH HAVE GONE ON TO RAISE ALMOST $400 MILLION TO SCALE THEIR BUSINESSES, CREATE OVER 4,000 JOBS, AND IMPACT THE LIVES OF 7.3 MILLION PEOPLE AROUND THE WORLD. IN 2021, 72% OF THE VENTURES THE HALCYON INCUBATOR SUPPORTED HAD A FOUNDER OF COLOR, AND 75% HAD A WOMAN OR NONBINARY FOUNDER. 591728 0 0 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. 284568 0 0 HALCYON AWARDS: HALCYON'S EVENT PROGRAMMING IS DESIGNED TO LEAD AND EXPAND THE CONVERSATION AROUND IMPACT-DRIVEN BUSINESS AND INSPIRE INNOVATION. THE LARGEST OF HALCYON'S EVENTS, THE HALCYON AWARDS ARE AN ANNUAL CELEBRATION OF HALCYON'S FELLOWS, COMMUNITY MEMBERS, AND NATIONALLY AND INTERNATIONALLY RECOGNIZED TRAILBLAZERS IN BUSINESS, ARTS AND CULTURE, AND POLICY. 306111 63865 OTHER PROGRAMS CONSIST OF THE ARTS LAB, BY THE PEOPLE FESTIVAL AND OTHER THAT HAVE BEEN DISCOUNTINUED DURING 2021. 306111 63865 2407468 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 0 1 87 0 1 22 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 10 10 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY DC X X KATE GOODALL 2027964240 3400 PROSPECT STREET NW WASHINGTON DC 20007 MARTHA METZ BOARD CHAIR 1.00 X 0 0 0 BYRON BARNES BOARD MEMBER 1.00 X 0 0 0 TERESA CARLSON BOARD MEMBER 1.00 X 0 0 0 MICHELLE DIFEBO FREEMAN BOARD MEMBER 1.00 X 0 0 0 W MATTHEW KELLY BOARD MEMBER 1.00 X 0 0 0 PATRICE KING BRICKMAN BOARD MEMBER 1.00 X 0 0 0 SACHIKO KUNO PHD BOARD MEMBER 1.00 X 0 0 0 KEVIN LAVIN BOARD MEMBER 1.00 X 0 0 0 JODIE MCLEAN BOARD MEMBER 1.00 X 0 0 0 MUKTESH PANT BOARD MEMBER 1.00 X 0 0 0 MAX PETERSON BOARD MEMBER 1.00 X 0 0 0 FRANK SMITH BOARD MEMBER 1.00 X 0 0 0 KARYN SMITH BOARD MEMBER 1.00 X 0 0 0 KERONE VATEL BOARD MEMBER 1.00 X 0 0 0 KATE GOODALL CHIEF EXECUTIVE OFFICER 40.00 X 219431 0 8848 DAHNA GOLDSTEIN CHIEF INVESTMENT OFFICER 40.00 X 123048 0 1039 SAMANTHA ABRAMS CHIEF DEVELOPMENT OFFICER 40.00 X 139366 0 31918 JOSH MANDELL CHIEF OPERATING OFFICER 40.00 X 134000 0 12759 NICOLE WEISSMAN DIRECTOR OF COMMUNICATIONS 40.00 X 107144 0 498 722989 0 55062 5 0 1 0 0 30646 298869 606533 2017119 42350 2953167 FACILITIES FEES 900099 63865 63865 63865 87 87 59750 298869 88294 -28544 -28544 MISCELLANEOUS 900099 112738 112738 112738 3101313 63865 0 84281 50000 50000 332856 332856 228611 138168 56201 34242 1256470 1049082 100413 106975 20628 16768 2205 1655 101740 81963 10291 9486 122647 98119 12903 11625 522 404 104 14 98916 76536 19652 2728 132209 102412 25854 3943 113250 79421 29705 4124 121080 78821 36313 5946 53579 35470 15860 2249 267269 170633 84856 11780 3617 3414 81 122 104828 78939 7074 18815 3096 3096 23857 13962 8689 1206 ARTIST FEES 500 500 3035675 2407468 413297 214910 751307 939882 173212 0 116784 450759 0 9202 25704 0 20663 8449 6943 12214 0 17282 16988 5500 1090938 1434839 81948 65878 247145 520912 329093 586790 X 164787 158310 597058 689739 761845 848049 1090938 1434839 X 65638 -1174 21740 X 0 1 X 1 0 X 1552189 2976709 3140404 2873974 2953167 13496443 1552189 2976709 3140404 2873974 2953167 13496443 3963836 9532607 64293 87 64380 2485 2485 13563308 1080923 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2018 AMOUNT: $ 2,485. SCHEDULE A, PART II, COLUMN (D): HALCYON WAS INCORPORATED ON JANUARY 03, 2017. ITS INITIAL FEDERAL FORM 990 FOR THE PERIOD ENDED DECEMBER 31, 2017 WAS A SHORT YEAR RETURN. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8367 1063 7304 12296 7386 4910 12214 X PART X, LINE 2: THE ORGANIZATION PERFORMED AN EVALUATION FOR UNCERTAINTY IN INCOME TAXES FOR THE YEAR ENDED DECEMBER 31, 2021, AND DETERMINED THAT THERE ARE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE CONSOLIDATED FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. HALCYON AWARDS 358619 298869 59750 3975 35021 32018 17280 358619 298869 59750 3975 35021 32018 17280 88294 -28544 1 THE BLACK GIRL VENTURES FOUNDATION 8647 RICHMOND HIGHWAY 649 ALEXANDRIA VA 22309 830935942 501(C)(3) 50000 0 GRANT FOR INTENSIVES PROGRAM 1 FELLOWSHIP STIPENDS PART I, LINE 2: HALCYON ENDEAVORS TO MONITOR ITS GRANTS TO ENSURE THAT SUCH GRANT FUNDS ARE USED FOR PROPER PURPOSES AND NOT OTHERWISE DIVERTED FROM THEIR INTENDED USE. GRANTEES ARE REQUIRED TO APPLY FOR THE GRANTS AND GO THROUGH A SELECTION PROCESS WITH THE COMMITTEE. GRANT RECIPIENTS ARE REQUIRED TO AFFIRM THAT FUNDS MUST BE USED SOLELY IN ACCORDANCE WITH THE GRANT REQUEST AND BUDGET ON WHICH THE GRANT WAS BASED AND THAT ANY FUNDS NOT EXPENDED FOR THE STATED PURPOSE ARE TO BE RETURNED TO THE ORGANIZATION. REPORTS ARE REQUESTED FROM TIME TO TIME AS APPROPRIATE. X X 0 0 0 0 0 0 0 0 0 KATE GOODALL CHIEF EXECUTIVE OFFICER 209431 0 10000 0 0 0 6000 0 2848 0 228279 0 0 0 SAMANTHA ABRAMS CHIEF DEVELOPMENT OFFICER 139366 0 0 0 0 0 3750 0 28168 0 171284 0 0 0 FORM 990, PART VII, LINE 5: HALCYON CONTRACTS WITH AN OUTSIDE MANAGEMENT COMPANY, TREEFORT MANAGEMENT CONSULTANTS, LLC. THE CONTRACTED SERVICES INCLUDED FINANCIAL REPORTING, PLANNING AND ANALYSIS, FORECASTING, BUDGETING, ASSISTANCE WITH THE AUDIT, AND OVERSIGHT OF ACCOUNTING PROCEDURES. X 3 34261 FMV X AUCTION ITEMS 6 8089 FMV 0 1 0 PART I, LINE 32B: ALL OFFERED GIFTS ARE REVIEWED UNDER OUR GIFT ACCEPTANCE POLICY PRIOR TO ACCEPTANCE. FORM 990, PART VI, SECTION A, LINE 3 HALCYON CONTRACTED WITH AN OUTSIDE MANAGEMENT COMPANY, CORDIA PARTNERS, TO PROVIDE CFO SERVICES FOR THE ORGANIZATION DURING Q1, Q2 AND Q3. IN Q4, TREEFORT MANAGEMENT CONSULTANTS, LLC WAS CONTRATED. THE CONTRACTED SERVICES INCLUDED FINANCIAL REPORTING, PLANNING AND ANALYSIS, FORECASTING, BUDGETING, ASSISTANCE WITH THE AUDIT, AND OVERSIGHT OF ACCOUNTING PROCEDURES. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS DISTRIBUTED TO THE BOARD MEMBERS VIA EMAIL SEVEN DAYS PRIOR TO THE BOARD MEETING. THE BOARD MEMBERS REVIEW IT INDIVIDUALLY AND SEND BACK COMMENTS OR QUESTIONS. AFTER THE RESPONSES AND OR CHANGES ARE MADE, THE FINAL VERSION IS PRESENTED TO THE BOARD MEMBERS FOR APPROVAL DURING THE MEETING. FORM 990, PART VI, SECTION B, LINE 12C TO PROPERLY MONITOR AND ENFORCE A CONFLICT-OF-INTEREST POLICY, HALCYON HOUSE IS DILIGENT IN REVIEWING THE ANNUAL DISCLOSURE FORMS SUBMITTED BY COVERED PERSONS, AND IN COMPILING AND MAINTAINING A LIST OF POTENTIALLY CONFLICTED ENTITIES AND INDIVIDUALS. PROPOSED TRANSACTIONS CAN THEN BE MATCHED AGAINST THE LIST AS A MEANS OF IDENTIFYING POSSIBLE CONFLICTS. WHEN DEALING WITH MAJOR VENDORS AND SERVICE PROVIDERS, THE ORGANIZATION CONSIDERS ASKING THE VENDOR OR SERVICE PROVIDER TO DISCLOSE ANY RELATIONSHIP PERSONAL, FINANCIAL, OR OTHERWISE THAT THE VENDOR OR SERVICE PROVIDER HAS WITH ANY OF THE ORGANIZATION'S DIRECTORS, OFFICERS, EMPLOYEES OR VOLUNTEERS. IN ADDITION, THE ORGANIZATION REVIEWS TRANSACTIONS INVOLVING ANY SIGNIFICANT EXPENDITURE OF ORGANIZATIONAL FUNDS TO ENSURE ANY COMPENSATION PAID CONTINUES TO BE REASONABLE. IF A POSSIBLE CONFLICT IS IDENTIFIED WITH RESPECT TO A PROPOSED TRANSACTION, THE ORGANIZATION IS COMMITTED TO FOLLOWING THE PROCEDURES SET OUT IN ITS CONFLICT-OF-INTEREST POLICY FOR DETERMINING WHETHER AN ACTUAL CONFLICT OF INTEREST EXISTS, AND THE PROCEDURES FOR ADDRESSING THE CONFLICT OF INTEREST. AMONG THE STEPS THE ORGANIZATION TAKE THE FOLLOWING: 1) THE PERSON WITH THE POTENTIAL CONFLICT WITH RESPECT TO A TRANSACTION SHOULD DISCLOSE SUCH CONFLICT. 2) THE PERSON SHOULD NOT PARTICIPATE OR BE PRESENT AT ANY MEETING DURING WHICH THE DISCUSSION OF THE POSSIBLE CONFLICT OF INTEREST TAKES PLACE. 3) THE CHAIR OF THE BOARD OF DIRECTORS SHOULD, IF APPROPRIATE, APPOINT A COMMITTEE OF THE BOARD OF DIRECTORS MADE UP OF DISINTERESTED DIRECTORS TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION 4) IF A MORE ADVANTAGEOUS TRANSACTION IS NOT REASONABLY AVAILABLE, THE GOVERNING BOARD OR COMMITTEE SHOULD DETERMINE, BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS, WHETHER THE TRANSACTION IS IN THE ORGANIZATION'S BEST INTEREST AND IS FAIR AND REASONABLE. THE ORGANIZATION SHOULD ALSO DOCUMENT, THROUGH WELL-KEPT MINUTES, ANY DECISIONS RELATED TO TRANSACTIONS INVOLVING AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST. FINALLY, THE ORGANIZATION MUST BE DILIGENT IN TAKING APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION IF A PERSON WHO IS COVERED BY THE CONFLICT-OF-INTEREST POLICY FAILS TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 HALCYON FOLLOWS THE STEPS REQUIRED IN THE COMPENSATION POLICY ESTABLISHED IN 2017. AFTER THE REVIEW FROM THE BOARD OF DIRECTORS AND OR SUPERVISORS, HALCYON PRESENTS THE COMPENSATION SURVEY DOCUMENTATION AND DECIDES IF THE PROPOSED SALARY IS COMPARABLE TO SIMILAR SIZED ORGANIZATIONS IN THE AREA. AFTER APPROVAL, A SIGNED LETTER WITH THE ESTABLISHED NEW SALARY AND EFFECTIVE DATE IS SENT TO THE EMPLOYEE OR OFFICER BY HUMAN RESOURCES. FORM 990, PART VI, SECTION C, LINE 19 HALCYON WILL SEND BY EMAIL OR MAIL A COPY OF REQUESTS FOR THE DOCUMENTATION. THIS CAN BE REQUESTED VIA EMAIL, MAIL, OR PHONE. UPON RECEIPT OF THE REQUEST, HALCYON IS COMMITTED TO SUBMIT THE COPY WITHIN FIVE BUSINESS DAYS. FORM 990, PART XI, LINE 9: CONTROLLED ENTITY RETAINED EARNINGS 21,740. HALCYON FUND GP LLC 3400 PROPSECT ST NW WASHINGTON DC 20007 352645407 VENTURE CAPITAL FUND DE 0 0 HALCYON HOUSE HALCYON INVESTMENT MANAGEMENT LLC 3400 PROSPECT ST NW WASHINGTON DC 20007 364915336 VENTURE CAPITAL FUND DE -41671 -41671 HALCYON HOUSE HALCYON ANGELS 3400 PROSPECT ST NW WASHINGTON DC 20007 850972725 PROMOTE IMPACT-DRIVEN BUSINESSES, IMPROVE CONDITIONS FOR INVESTORS DC 501(C)(6) HALCYON HOUSE 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 HALCYON ANGELS S 8939 FMV