Lutheran Education Association of Houston

EIN: 746001258 501(c)(3)

Friendswood, TX

Total Revenue
$43,325,860
Total Expenses
$25,950,250
Total Assets
$55,107,585
Net Assets
$37,207,985
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1947
Legal Domicile
TX
Principal Officer
Al Hoppe
Phone
2816175189
Tax Period
2024-07-01 to 2025-06-30

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.

Mission

LEAH operates three private Christian schools for children 6 weeks old to grade 12.

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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 $2,704,734
Program Service Revenue $24,086,538
Investment Income $16,052,911
Other Revenue $481,677
TOTAL REVENUE $43,325,860

Expense Breakdown

Grants Paid $1,907,580
Salaries & Benefits $14,916,354
Fundraising Expenses $494,129
Program Expenses $23,687,995
Other Expenses $9,126,316
TOTAL EXPENSES $25,950,250

Year-over-Year Comparison

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%
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
6
Independent Members
5
Employees
369
Volunteers
200

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
5
$405,548
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
4
reported
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
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
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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