Laureate Mental Health Corporation

EIN: 731328882 501(c)(3) Mental Health

Tulsa, OK

Total Revenue
$1,500,000
Total Expenses
$1,125,420
Total Assets
$876,347
Net Assets
$876,347
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
OK
Principal Officer
THOMAS E COOPER
Phone
9184928100
Tax Period
2023-01-01 to 2023-12-31

Laureate Mental Health Corporation, founded in 1988, is a community nonprofit in the Mental Health sector that reported $1.5M in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. The organization ran a surplus of $375K, a strong 25% operating margin.

Mission

ORGANIZATION'S MISSION PROVIDES SUPPORT TO LAUREATE PSYCHIATRIC CLINIC AND HOSPITAL, INC., A SUBSIDIARY OF SAINT FRANCIS HEALTH SYSTEM, INC., AND LAUREATE INSTITUTE FOR BRAIN RESEARCH, INC. PRIMARILY BY INVESTING IN MEDICAL RESEARCH THAT BENEFITS PATIENTS AND BY HOLDING, MANAGING, ACQUIRING AND BUILDING ANCILLARY REAL ESTATE FACILITIES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,500,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,500,000

Expense Breakdown

Grants Paid $1,112,940
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,112,940
Other Expenses $12,480
TOTAL EXPENSES $1,125,420

Year-over-Year Comparison

2023 2022 Change
Revenue $1,500,000 $1,600,000 -0.1%
Expenses $1,125,420 $1,113,288 +0.0%
Net Income $374,580 $486,712 -0.2%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
8

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
6
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
J-K C Warren Trustee/Chairman & CEO 0.5
Officer Director
$0 $0 $0
P McKee MD Trustee 0.5
Director
$0 $0 $0
T Cooper Trustee/President 0.5
Officer Director
$0 $0 $0
C Robertson Trustee 0.5
Director
$0 $0 $0
J Adams Secretary 0.5
Officer
$0 $0 $0
P Glenn Treasurer (Ending 7/2023) 0.5
Officer
$0 $0 $0
D Dage ASST TREASURER 0.5
Officer
$0 $0 $0
J Pierce Treasurer (Beg. 7/2023) 0.5
Officer
$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 No data No data No data No data
2023 $1,500,000 $1,125,420 $876,347 $374,580
2022 $1,600,000 $1,113,288 $501,767 $486,712
2021 $1,122,940 $1,118,806 $15,055 $4,134
2020 $1,122,940 $1,118,954 $10,921 $3,986
2019 $1,122,940 $1,118,517 $6,935 $4,423
2018 $1,112,940 $1,118,120 $2,512 $-5,180
Explore More Nonprofits
→Top 100 Nonprofits in Oklahoma →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare Laureate Mental Health Corporation with other nonprofits in Oklahoma and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.