GARY L LEVERING ENDOWMENT CORPORATION

EIN: 474369956 501(c)(3) Mental Health

HOUSTON, TX

Total Revenue
$46,974
Total Expenses
$10,734
Total Assets
$2,179,847
Net Assets
$2,178,672
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
TX
Principal Officer
JENNIFER LEAL
Phone
7136001131
Tax Period
2024-01-01 to 2024-12-31

GARY L LEVERING ENDOWMENT CORPORATION, founded in 2015, is a micro nonprofit in the Mental Health sector that reported $47K in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $36K, a strong 77% operating margin.

Mission

THE GARY L LEVERING ENDOWMENT CORPORATION SERVES AS SUPPORTING ORGANIZATION FOR RE:MIND TO HELP FUND SUPPORT GROUPS FOR INDIVIDUALS LIVING WITH OR AFFECTED BY DEPRESSION AND BIPOLAR DISORDERS, AND TO EDUCATE THE PUBLIC ABOUT THESE DISORDERS

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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 $0
Program Service Revenue $0
Investment Income $46,974
Other Revenue $0
TOTAL REVENUE $46,974

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $10,734
TOTAL EXPENSES $10,734

Year-over-Year Comparison

2024 2023 Change
Revenue $46,974 $40,630 +0.2%
Expenses $10,734 $3,969 +1.7%
Net Income $36,240 $36,661 0.0%
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

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
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
2
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
D MARK DALTON DIRECTOR 1.00
Director
$0 $0 $0
BRETT W HOGAN PRESIDENT 1.00
Officer Director
$0 $0 $0
CHARLES W LITTON SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
ROBERT W PADDOCK DIRECTOR 1.00
Director
$0 $0 $0
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 $46,974 $10,734 $2,179,847 $36,240
2023 $40,630 $3,969 $1,963,108 $36,661
2022 $48,098 $10,032 $1,714,377 $38,066
2021 $52,987 $7,014 $2,046,444 $45,973
2020 $38,407 $7,112 $1,822,376 $31,295
2019 $24,155 $3,196 $1,573,918 $20,959
2018 $14,256 $4,037 $1,301,113 $10,219
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