Civic Intelligence

Gary L Levering Endowment Corporation

EIN 47-4369956 • 501(c)3 • Houston, TX

Profile

Gary l levering endowment corporation is a supporting organization for depression and bipolar support alliance greater houston to fund support groups for individuals affected by depression and bipolar disorders and education about these disorders.

515 Post Oak Blvd Suite 650Houston, TX 77027

www.dbsahouston.org/ENDOWMENT

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

21st percentile

0.00x

Higher debt load relative to assets than 21% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

35th percentile

0.03x

Higher debt load relative to revenue than 35% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

96th percentile

77%

Higher net margin than 96% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

70th percentile

13%

Faster asset growth than 70% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Revenue Growth

33rd percentile

-1.2%

Faster revenue growth than 33% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Assets

Up

$2,179,847

Up $465,470 (+27%) from 2022

Liabilities

Up

$1,175

Up $810 (+222%) from 2022

Net Assets

Up

$2,178,672

Up $464,660 (+27%) from 2022

Revenue

Down

$46,974

Down $1,124 (-2.3%) from 2022

Expenses

Up

$10,734

Up $702 (+7.0%) from 2022

Net Income

Down

$36,240

Down $1,826 (-4.8%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2015: $1,120,708Liabilities 2015: $23,202Net Assets 2015: $1,097,5062015Assets 2017: $1,401,675Liabilities 2017: $10,758Net Assets 2017: $1,390,9172017Assets 2018: $1,301,113Liabilities 2018: $14,794Net Assets 2018: $1,286,3192018Assets 2019: $1,573,918Liabilities 2019: $17,991Net Assets 2019: $1,555,9272019Assets 2020: $1,822,376Liabilities 2020: $214Net Assets 2020: $1,822,1622020Assets 2021: $2,046,444Liabilities 2021: $252Net Assets 2021: $2,046,1922021Assets 2022: $1,714,377Liabilities 2022: $365Net Assets 2022: $1,714,0122022Assets 2024: $2,179,847Liabilities 2024: $1,175Net Assets 2024: $2,178,6722024

Highlighted filing

2024

Assets$2,179,847
Liabilities$1,175
Net Assets$2,178,672

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60K$40K$20K$0-$20K-$40KRevenue 2015: $0Expenses 2015: $23,202Net Income 2015: -$23,2022015Revenue 2017: $21,536Expenses 2017: $46,824Net Income 2017: -$25,2882017Revenue 2018: $14,256Expenses 2018: $4,037Net Income 2018: $10,2192018Revenue 2019: $24,155Expenses 2019: $3,196Net Income 2019: $20,9592019Revenue 2020: $38,407Expenses 2020: $7,112Net Income 2020: $31,2952020Revenue 2021: $52,987Expenses 2021: $7,014Net Income 2021: $45,9732021Revenue 2022: $48,098Expenses 2022: $10,032Net Income 2022: $38,0662022Revenue 2024: $46,974Expenses 2024: $10,734Net Income 2024: $36,2402024

Highlighted filing

2024

Revenue$46,974
Expenses$10,734
Net Income$36,240

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 17, 2025
Return Version
2024v5.2
Gross Receipts
$46,974
Mission and Program Overview

Mission

Gary l levering endowment corporation is a supporting organization for re:mind to fund support groups for individuals affected by depression and bipolar disorders and education about these disorders.

The gary l levering endowment corporation serves as supporting organization for re:mind to help fund support groups for individuals living with or affected by depression and bipolar disorders, and to educate the public about these disorders

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,963,108$2,179,847▲ $216,739
Total Assets$1,963,108$2,179,847▲ $216,739
Liabilities
Accounts Payable and Accrued Expenses$441$1,175▲ $734
Total Liabilities$441$1,175▲ $734
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,856,517$2,072,522▲ $216,005
Net Assets With Donor Restrictions$106,150$106,150→ $0
Total Net Assets Fund Balance$1,962,667$2,178,672▲ $216,005
Total Liabilities and Net Assets / Fund Balance$1,963,108$2,179,847▲ $216,739

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$1,962,667-▲ $226,739$10,734$2,178,672
2023$1,714,012-▲ $252,624$3,969$1,962,667
2022$2,046,192-▼ $322,148$10,032$1,714,012
2021$1,822,162-▲ $231,044$7,014$2,046,192
2020$1,555,927-▲ $273,347$7,112$1,822,162
Compensation and Service Providers

Board Members and Trustees

NameTitle
Brett W HoganPresident
D Mark DaltonDirector
Robert W PaddockDirector
Charles W LittonSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$46,974
Other Revenue
$0
Change in Net Assets
$36,240

Audited Revenue Reconciliation

Revenue per Audited Statements
$46,974
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$179,765
Total Revenue per Audited Statements
$226,739
Total Revenue per Form 990
$46,974
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$10,734
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting-$9,068-$9,068
Insurance-$870-$870
Conferences and Meetings-$796-$796
Total Functional Expenses$0$10,734$0$10,734

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$10,734
Total Expenses per Audited Statements$10,734
Total Expenses per Form 990$10,734
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The board of directors is sent an electronic copy of the form 990 to review before filing.

Form 990, Part VI, Section B, Line 12C

Disclosure forms signed by new board members during orientation; disclosure forms provided to existing board members to sign during board meetings and by mail.

Form 990, Part VI, Section C, Line 19

All required public documents including, but not limited to, form 990, financial statements, and organizational documents are available upon request during normal business hours. Some of these documents are also available online through the dbsa greater houston website, the guidestar website (www.guidestar.org), and the charity navigator website (www.charitynavigator.org).

Filing and Contact Details

Filer

Filer Name
Gary L Levering Endowment Corporation
EIN
47-4369956
Phone
7136001131
Address
515 POST OAK BLVD SUITE 650, HOUSTON, TX 77027

Signing Officer

Name
Jennifer Leal
Title
Executive Director
Phone
7136001131
Signed
2025-07-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jennifer Leal
Formed
2015
Legal Domicile
TX
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

Firm
Cri Advisors LLC
Address
TWO RIVERWAY 15TH FLOOR, HOUSTON, TX 77056
Preparer
Kristen Simpson
Phone
7136218090
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

Re:mind and the corporation are nonprofit organizations that are exempt from income taxes under section 501(c)(3) of the internal revenue code. In addition, re:mind and the corporation were granted individual rulings under the same section and have been classified as organizations that are not private foundations under section 509(a) of the internal revenue code and, as such, qualify as a charitable deduction for amounts contributed by individual donors. The organization utilizes the accounting requirements associated with uncertainty in income taxes using the provisions of fasb asc 740, income taxes. Using that guidance, tax positions initially need to be recognized in the combined financial statements when it is more-likely-than-not the positions will be sustained upon examination by the tax authorities. It also provides guidance for derecognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. As of december 31, 2024 and 2023, the organization has no uncertain tax positions that qualify for recognition or disclosure in the combined financial statements.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0RE:MIND AND THE CORPORATION ARE NONPROFIT ORGANIZATIONS THAT ARE EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, RE:MIND AND THE CORPORATION WERE GRANTED INDIVIDUAL RULINGS UNDER THE SAME SECTION AND HAVE BEEN CLASSIFIED AS ORGANIZATIONS THAT ARE NOT PRIVATE FOUNDATIONS UNDER SECTION 509(A) OF THE INTERNAL REVENUE CODE AND, AS SUCH, QUALIFY AS A CHARITABLE DEDUCTION FOR AMOUNTS CONTRIBUTED BY INDIVIDUAL DONORS. THE ORGANIZATION UTILIZES THE ACCOUNTING REQUIREMENTS ASSOCIATED WITH UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FASB ASC 740, INCOME TAXES. USING THAT GUIDANCE, TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE COMBINED FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. AS OF DECEMBER 31, 2024 AND 2023, THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE COMBINED FINANCIAL STATEMENTS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS IS SENT AN ELECTRONIC COPY OF THE FORM 990 TO REVIEW BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DISCLOSURE FORMS SIGNED BY NEW BOARD MEMBERS DURING ORIENTATION; DISCLOSURE FORMS PROVIDED TO EXISTING BOARD MEMBERS TO SIGN DURING BOARD MEETINGS AND BY MAIL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL REQUIRED PUBLIC DOCUMENTS INCLUDING, BUT NOT LIMITED TO, FORM 990, FINANCIAL STATEMENTS, AND ORGANIZATIONAL DOCUMENTS ARE AVAILABLE UPON REQUEST DURING NORMAL BUSINESS HOURS. SOME OF THESE DOCUMENTS ARE ALSO AVAILABLE ONLINE THROUGH THE DBSA GREATER HOUSTON WEBSITE, THE GUIDESTAR WEBSITE (WWW.GUIDESTAR.ORG), AND THE CHARITY NAVIGATOR WEBSITE (WWW.CHARITYNAVIGATOR.ORG).
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IRS990/WebsiteAddressTxt0WWW.REMINDSUPPORT.ORG/ENDOWMENT
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JENNIFER LEAL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07136001131
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-07-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GARY L LEVERING ENDOWMENT CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0GARY
ReturnHeader/Filer/EIN0474369956
ReturnHeader/Filer/PhoneNum07136001131
ReturnHeader/Filer/USAddress/AddressLine1Txt0515 POST OAK BLVD SUITE 650
ReturnHeader/Filer/USAddress/CityNm0HOUSTON
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ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0994625061
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CRI ADVISORS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0TWO RIVERWAY 15TH FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HOUSTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd077056
ReturnHeader/PreparerPersonGrp/PhoneNum07136218090
ReturnHeader/PreparerPersonGrp/PreparationDt02025-06-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KRISTEN SIMPSON
ReturnHeader/ReturnTs02025-07-17T11:00:40-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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