Letourneau University Foundation

Education · Longview, Texas

2100 S Mobberly Ave, Longview, TX 75602-3564

EIN: 832155629· Founded: May 2019· 7 years active· Filing Year: 2023

Annual Revenue

$999K

Total Expenses

$667K

Total Assets

$34.1M

Program Spending

50%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$123K

18.4% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$150K

Total Payroll

$273K

41% of total expenses

Where the Money Goes

50%

Programs: 50%

Payroll: 41%

Other overhead: 50%

Program Revenue$333K (33%)

Total Expenses$667K (67%)

Payroll$273K (41%)

Overhead (non-program)50%

Trust Score Breakdown

Program Spending Ratio

50% of expenses go to programs

40%

Revenue & Stability

$999K annual revenue

15%

Executive Compensation

$123K total officer comp (18.4% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$34.1M in assets

10%

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Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.