LAREDO, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE DR LANSE T FOX MEMORIAL ORGANIZATION, founded in 2014, is a small nonprofit in the Education sector that reported $254K in total revenue in fiscal year 2023. The organization ran a surplus of $216K, a strong 85% operating margin.
OUR MISSION IS TO HOST EVENTS TO RAISE FUNDS FOR ACADEMIC SCHOLARSHIPS FOR STUDENTS ATTENDING COLLEGE AND VETERINARY SCHOOL, PRIMARILY AT ROSS UNIVERSITY SCHOOL OF VETERINARY MEDICINE. OUR NONPROFITS NAMESAKE, DR. LANSE T. FOX, WAS A GRADUATE OF RUSVM AND OWED MUCH OF HIS LIFE EXPERIENCE AND SUCCESS TO HIS TIME THERE, AND OUR GOAL IS TO HELP OTHER STUDENTS REALIZE THEIR DREAMS OF GOING TO SCHOOL THERE AND BECOMING VETERINARIANS.
WE HAVE ESTABLISHED AN ENDOWED SCHOLARSHIP WITH THE EMPOWER SCHOLARSHIP FUND, WHICH IS THE FOUNDATION THAT HOUSES SCHOLARSHIP FUNDS BENEFITTING STUDENTS ATTENDING RUSVM. WE HAVE ALSO PROVIDED...
WE HAVE ESTABLISHED AN ENDOWED SCHOLARSHIP WITH THE EMPOWER SCHOLARSHIP FUND, WHICH IS THE FOUNDATION THAT HOUSES SCHOLARSHIP FUNDS BENEFITTING STUDENTS ATTENDING RUSVM. WE HAVE ALSO PROVIDED NUMEROUS LOCAL SCHOLARSHIPS FOR STUDENTS ATTENDING UNIVERSITY, COMMUNITY COLLEGE, AND TRADE SCHOOL FROM KAUFMAN HIGH SCHOOL, WHERE LANSE GRANDUATED FROM IN 2004, AND COTULLA HIGH SCHOOL, WHERE WE NOW HAVE OUR LARGEST FUNDRAISER AND LANSE HAD MANY FRIENDS.
WE HAVE ESTABLISHED A SECOND ENDOWED SCHOLARSHIP FUND. THIS FUND WAS ESTABLISHED AT THE LAREDO AREA COMMUNITY FOUNDATION, AND IT WILL DISBURSE SCHOLARSHIPS FOR STUDENTS GRADUATING FROM COTULLA HIGH...
WE HAVE ESTABLISHED A SECOND ENDOWED SCHOLARSHIP FUND. THIS FUND WAS ESTABLISHED AT THE LAREDO AREA COMMUNITY FOUNDATION, AND IT WILL DISBURSE SCHOLARSHIPS FOR STUDENTS GRADUATING FROM COTULLA HIGH SCHOOL. WE ARE ALREADY THE LARGEST SCHOLARSHIP GIVER AT CHS GRADUATION EACH YEAR, AND THE ESTABLISHMENT AND GROWTH OF OUR ENDOWMENT AT LACF WILL ENSURE THAT OUR SCHOLARSHIPS WILL BE DISBURSED THERE IN PERPETUITY. THIS ENDOWMENT FUND IS SCHEDULED TO DISBURSE FOR THE FIRST TIME IN 2025.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $253,603 | N/A | N/A |
| Expenses | $37,248 | N/A | N/A |
| Net Income | $216,355 | N/A | N/A |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
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Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| CHARLES K COLEMAN | EXECUTIVE VI | 2.50 |
Officer
|
$0 | $0 | $0 |
| KEITH W FRANKLIN | PRESIDENT | 5.00 |
Officer
|
$0 | $0 | $0 |
| ROY FRANKLIN | VP OF COMMUN | 2.50 |
Officer
|
$0 | $0 | $0 |
| JASON HART | VICE PRES OF | 2.50 |
Officer
|
$0 | $0 | $0 |
| JOHN STACHNIAK | SECRETARY | 2.50 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $253,603 | $37,248 | $277,881 | $216,355 |
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