STOWERS INSTITUTE FOR MEDICAL RESEARCH

EIN: 202993509 501(c)(3) Medical Research

KANSAS CITY, MO

Total Revenue
$102,011,512
Total Expenses
$104,688,153
Total Assets
$179,349,437
Net Assets
$162,189,573
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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
DE
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

STOWERS INSTITUTE FOR MEDICAL RESEARCH'S ("SIMR") EXEMPT PURPOSE IS TO PERFORM MEDICAL RESEARCH IN THE PUBLIC INTEREST WITH THE GOAL OF EXPANDING OUR UNDERSTANDING OF THE FUNDAMENTAL PROCESSES OF LIVING CELLS.

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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%)

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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

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Governance

Voting Members
8
Independent Members
2
Employees
360
Volunteers
2

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
6
$7,644,829
Total Directors
9
$8,891,883
Key Employees
0
$0
Highest Compensated
5
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
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