Friendswood, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Lutheran Education Association of Houston, founded in 1947, is a mid-sized nonprofit that reported $43.3M in total revenue in fiscal year 2024. Revenue surged 47% from the prior year, signaling strong growth momentum. The organization ran a surplus of $17.4M, a strong 40% operating margin.
The mission of the Lutheran Education Association of Houston (LEAH) is to operate and champion exemplary Lutheran schools in the Houston area to expand Christ's Kingdom.
LEAH operates three private Christian schools and early childhood development centers in the Houston area: LEAH Schools Downtown Academy, Lutheran South Academy, and Westlake Lutheran Academy. The...
LEAH operates three private Christian schools and early childhood development centers in the Houston area: LEAH Schools Downtown Academy, Lutheran South Academy, and Westlake Lutheran Academy. The schools have a combined enrollment of over 1,000 students and more than 150 faculty and staff for students ages 6 weeks to grade 12. Through excellent instruction and personal care and love by faculty and staff, students are equipped for whatever the future holds with God at the helm.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $43,325,860 | $29,406,930 | +0.5% |
| Expenses | $25,950,250 | $25,929,019 | +0.0% |
| Net Income | $17,375,610 | $3,477,911 | +4.0% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
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 |
|---|---|---|---|---|---|---|
| Kurt Rosenhagen | Chair | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Jonte' Greer | Vice Chair | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Joyce Carpenter | Secretary, Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Jon Fraker | Board member | 1.00 |
Director
|
$0 | $0 | $0 |
| Dallas Lusk | Board member | 1.00 |
Director
|
$0 | $0 | $0 |
| Jae Moore | Board member | 1.00 |
Director
|
$0 | $0 | $0 |
| Dan Schepmann | Board member | 1.00 |
Director
|
$0 | $0 | $0 |
| Lance Cleaver | CFO | 40.00 |
Officer
|
$164,970 | $27,458 | $192,428 |
| R Scott Fogo | Executive Director | 40.00 |
Officer
|
$184,093 | $29,027 | $213,120 |
| James Meekins | Dev. Officer/Head Football Coach | 40.00 |
Highest
|
$171,307 | $20,030 | $191,337 |
| Matt Korte | Chief Campus Officer | 40.00 |
Highest
|
$130,183 | $23,442 | $153,625 |
| Bret Walter | Chief Advancement Officer | 40.00 |
Highest
|
$137,620 | $25,387 | $163,007 |
| Stacey Walter | Head of School | 40.00 |
Highest
|
$106,816 | $21,252 | $128,068 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $43,325,860 | $25,950,250 | $55,107,585 | $17,375,610 |
| 2024 | No data | No data | No data | No data |
| 2023 | $24,620,292 | $24,072,977 | $34,354,333 | $547,315 |
| 2022 | $24,446,091 | $21,864,016 | $33,981,957 | $2,582,075 |
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