Levi Endowment Foundation EIN 71-0583773

Levi Endowment Foundation

EIN  71-0583773 Supporting organization Hot Springs, AR
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 8/28/26 · see original filing: IRS
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Size
$1–10M
What they do
Provides healthcare services to citizens in Hot Springs and surrounding areas.
Leadership
Money in and out
$3.2M revenue, $270K expenses
Bottom line
+92% net inflow

Provides healthcare services to citizens in Hot Springs and surrounding areas. For fiscal year 2024 it reported $3.2M in revenue, $270K in expenses, and $11.4M in net assets.Pt I

Money in and out · FY2024
Total revenue
$3.2M
Pt VIII · Ln 12
Total expenses
$270K
Pt IX · Ln 25
Net assets
$11.4M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $2.9M
Where spending went · Part IX cols B–D
Program services $0.56 Management & general $0.44
Net inflow
+92%
revenue over expenses, this year▲ ×10 vs prior filing year
Pass-through gifts
6%
of revenue from contributions▼ -84% vs prior filing year
Program spending
56%
of expenses reach stated programs▼ -44% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$3.2M
FY2024▲ +795%
Expenses
$270K
FY2024▼ -32%
Total assets
$11.8M
FY2024▲ +6%
Total liabilities
$366K
FY2024▲ +111%
Total revenue
$3.2M
Pt VIII · Ln 12
Total expenses
$270K
Pt IX · Ln 25
Net assets
$11.4M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$2.9M
Total assetsPt X · Ln 16$11.8M
Program-expense ratioPt IX · col B56%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410
Mission & Programs · Part III

Where the work happens

1 program service account for $151K of program spending, described in the organization's own filed words · FY2024.
01

Funds supporting organization, leo n levi memorial hospital, which provides healthcare services to the citizens of hot springs and surrounding areas.

$151Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CLevi Endowment Foundation
EINHdr · item D71-0583773
Principal addressHdr · item CHot Springs, AR
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MAR
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHospitals (E22I)
Ruling yearIRS BMFOct 1988

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b10
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See Levi Endowment Foundation executive salaries →

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Statement of Revenue

Part VIII
Investment income$3.0M · 94%
Contributions & grants$183K · 6%
Investment income94%$3.0M
Contributions & grants6%$183K
Total revenueLn 12$3.2M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.56 Management & general $0.44
Program services56%$151K
Management & general44%$120K
Total functional expensesLn 25$270K

Balance Sheet

Part X · end of year
CashLn 1$8.1M
Total assetsLn 16$11.8M
Total liabilitiesLn 26$366K
Total net assetsLn 32$11.4M
Months of cash on handcomputed359.7

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $11.8M · Operating expenses/yr $270K
523.2 months
Where the money goes
Program services
Program services $151K · Total expenses $270K
56%
Management & General
Management & general $120K · Total expenses $270K
44%
Fundraising
Fundraising $0 · Total expenses $270K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $155K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $183K · Total revenue $3.2M
6%
Government reliance
Government grants — · Total revenue $3.2M
Earned-income share
Program service revenue $0 · Total revenue $3.2M
0%
Investment reliance
Investment income $3.0M · Total revenue $3.2M
+94%
Program self-sufficiency
Program service revenue $0 · Total expenses $270K
0%
Growth & trend
Revenue growth (YoY)
This year $3.2M · Prior year $356K
+795%
Revenue CAGR
FY2020 $574K · FY2024 $3.2M
+53%
Net-asset trend (YoY)
End of year $11.4M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $3.2M · Expenses $270K
+92%
Liabilities-to-Assets
Total liabilities — · Total assets $11.8M
Net-asset ratio
Net assets $11.4M · Total assets $11.8M
97%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $3.7M · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $11.8M
31%
People & payroll
Highest Reported Total Compensation
Individual Harold J Koppel DDS Msd · Reported title Director · Highest reported compensation $0 · Total expenses $270K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $103K · Total expenses $270K
38%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 56%
Overhead ratio 44%
Fundraising cost ratio 0%
Revenue growth 795%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 5%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 2 funders$45K
Grants paid · 6 grants · $461K · 2020–2024
National Park College FoundatFY2024$15,500
National Park College FoundatFY2023$50,000

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$3.2M revenue · viewing · ⤓ 990 PDF
FY2023$356K revenue · ⤓ 990 PDF
FY2022$486K revenue · ⤓ 990 PDF
FY2021$789K revenue · ⤓ 990 PDF
FY2020$574K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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