The Letourneau University Foundation (EIN 832155629) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

2018

Legal Domicile

Phone

9032334110

Tax Period

2024-07-01 to 2025-06-30

The Letourneau University Foundation, founded in 2018, is a community nonprofit in the Education sector that reported $3.0M in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.5M, a strong 86% operating margin.

Mission

TO SUPPORT LETOURNEAU UNIVERSITY

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,740

Program Service Revenue $408,523

Investment Income $2,484,109

Other Revenue $70,623

TOTAL REVENUE $2,967,995

Expense Breakdown

Grants Paid $5,000

Salaries & Benefits $250,581

Fundraising Expenses $0

Program Expenses $364,117

Other Expenses $168,870

TOTAL EXPENSES $424,451

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,967,995	$2,402,098	+0.2%
Expenses	$424,451	$978,804	-0.6%
Net Income	$2,543,544	$1,423,294	+0.8%

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

Governance

Voting Members

Independent Members

Employees

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

$151,188

Total Directors

$574,254

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Bob Walker	Board Vice Chairman	1.0	Officer Director	$0	$0	$0
Dan DiFrancesco	Board Chairman	1.0	Officer Director	$0	$0	$0
Jim Mauldin	Secretary/Treasurer	1.0	Officer Director	$0	$0	$0
Thomas E Bevan	President	50.0	Officer Director	$151,188	$0	$151,188
Larry Mercer	Director	1.0	Director	$0	$0	$0
Ray Baumer	Director	1.0	Director	$0	$0	$0
Steven D Mason	President (CEO)	1.0	Director	$0	$33,664	$423,066

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	$2,967,995	$424,451	$59,295,994	$2,543,544
2024	$2,402,098	$978,804	$65,798,391	$1,423,294
2023	$998,609	$667,234	$34,086,293	$331,375
2022	$3,412,001	$484,916	$30,343,194	$2,927,085
2021	$1,429,688	$177,227	$29,394,281	$1,252,461
2020	$581,778	$153,409	$21,879,104	$428,369
2019	$177,489	$71,946	$20,645,104	$105,543

The Letourneau University Foundation