STOWERS INSTITUTE FOR MEDICAL RESE… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2005

Legal Domicile

Phone

8169264000

Tax Period

2024-07-01 to 2025-06-30

STOWERS INSTITUTE FOR MEDICAL RESEARCH, founded in 2005, is a major nonprofit in the Medical Research sector that reported $102.0M in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year.

Mission

THE INSTITUTE'S MISSION IS TO MAKE A SIGNIFICANT CONTRIBUTION TO HUMANITY THROUGH MEDICAL RESEARCH BY EXPANDING OUR UNDERSTANDING OF THE SECRETS OF LIFE AND BY IMPROVING LIFE'S QUALITY THROUGH INNOVATIVE APPROACHES TO THE CAUSES, TREATMENT, AND PREVENTION OF DISEASES.

Program Service Accomplishments

Program 1

Expenses: $61,473,097 Revenue: $0

SIMR'S ACCOMPLISHMENTS ARE DESCRIBED IN SCHEDULE O.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $99,681,043

Program Service Revenue $0

Investment Income $2,263,801

Other Revenue $66,668

TOTAL REVENUE $102,011,512

Expense Breakdown

Grants Paid $83,105

Salaries & Benefits $43,117,143

Fundraising Expenses $0

Program Expenses $61,473,097

Other Expenses $61,487,905

TOTAL EXPENSES $104,688,153

Year-over-Year Comparison

	2024	2023	Change
Revenue	$102,011,512	$107,498,064	-0.1%
Expenses	$104,688,153	$112,171,222	-0.1%
Net Income	$-2,676,641	$-4,673,158	-0.4%

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

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

360

Volunteers

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

$7,644,829

Total Directors

$8,891,883

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALEJANDRO SNCHEZ ALVARADO	DIR/PRESIDENT/CHIEF SCIENTIFIC OFFICER	40.0	Officer Director	$1,094,951	$839,779	$1,934,730
CHARLES GERMAN	DIRECTOR/SECRETARY	2.0	Officer Director	$0	$80,585	$1,246,306
JONATHAN THOMAS	DIRECTOR/CHAIR BEGINNING OF SERVICE 3/24/25	2.0	Officer Director	$0	$0	$0
RICHARD W BROWN	DIRECTOR/CHAIR DECEASED 3/27/25	2.0	Officer Director	$0	$102,383	$3,206,337
ALBERZINE FREEMAN	DIRECTOR	2.0	Director	$0	$0	$0
BRENT KREIDER	DIRECTOR	2.0	Director	$0	$91,449	$878,741
DAVID A WELTE	DIRECTOR	2.0	Director	$0	$0	$0
GEORGE L SATTERLEE	DIRECTOR	2.0	Director	$0	$84,947	$603,617
KAUSIK SI	DIRECTOR	40.0	Director	$780,244	$241,908	$1,022,152
BRIAN SLAUGHTER	VP OF SCIENTIFIC OPERATIONS	40.0	Officer	$337,739	$86,285	$424,024
PENNY M SPENCE	CFO THRU 4/8/2025	2.0	Officer	$0	$79,650	$833,432
JENNIFER GERTON	INVESTIGATOR	40.0	Highest	$396,972	$87,876	$484,848
JERRY L WORKMAN	INVESTIGATOR	40.0	Highest	$359,953	$80,748	$440,701
MATTHEW C GIBSON	INVESTIGATOR	40.0	Highest	$407,200	$238,318	$645,518
R SCOTT HAWLEY	INVESTIGATOR DECEASED 1/31/25	40.0	Highest	$360,706	$76,835	$437,541
ROBERT E KRUMLAUF	SCIENTIFIC DIRECTOR EMERITUS	40.0	Highest	$1,859,563	$82,041	$1,941,604

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	$102,011,512	$104,688,153	$179,349,437	$-2,676,641
2024	$107,498,064	$112,171,222	$186,739,928	$-4,673,158
2023	$41,036,545	$49,502,290	$199,176,169	$-8,465,745
2022	$48,749,381	$90,993,628	$209,016,203	$-42,244,247
2021	$116,367,619	$89,375,962	$238,524,295	$26,991,657
2020	$70,992,828	$86,899,454	$290,225,349	$-15,906,626
2019	$73,449,478	$91,703,420	$312,071,612	$-18,253,942
2018	$86,524,558	$85,938,232	$335,909,539	$586,326

STOWERS INSTITUTE FOR MEDICAL RESEARCH