Baylor College of Medicine

EIN: 741613878 501(c)(3) Education

HOUSTON, TX

Total Revenue
$2,979,794,649
Total Expenses
$2,978,703,069
Total Assets
$3,113,646,721
Net Assets
$1,620,203,318
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1969
Legal Domicile
TX
Phone
7137984951
Tax Period
2024-07-01 to 2025-06-30

Baylor College of Medicine, founded in 1969, is a large national nonprofit in the Education sector that reported $3.0B in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion.

Mission

BAYLOR COLLEGE OF MEDICINE (BCM) IS COMMITTED TO ADVANCING HUMAN HEALTH THROUGH THE INTEGRATION OF PATIENT CARE, RESEARCH, EDUCATION, AND COMMUNITY SERVICES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $836,352,482
Program Service Revenue $2,024,525,382
Investment Income $73,435,200
Other Revenue $45,481,585
TOTAL REVENUE $2,979,794,649

Expense Breakdown

Grants Paid $139,206,617
Salaries & Benefits $2,136,233,263
Fundraising Expenses $17,763,357
Program Expenses $2,737,946,150
Other Expenses $703,263,189
TOTAL EXPENSES $2,978,703,069

Year-over-Year Comparison

2024 2023 Change
Revenue $2,979,794,649 $2,756,402,389 +0.1%
Expenses $2,978,703,069 $2,764,396,268 +0.1%
Net Income $1,091,580 $-7,993,879 -1.1%
Key Indicators
✓ Grants to Organizations ✓ Grants to Individuals ✓ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
42
Independent Members
41
Employees
15631
Volunteers
553

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
15
$11,449,688
Total Directors
49
$0
Key Employees
8
$6,769,302
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTOPHER D WALLIS TRUSTEE/VICE CHAIR 2.0
Officer Director
$0 $0 $0
GAIL W STEWART trustee/secretary 2.0
Officer Director
$0 $0 $0
GREGORY D BRENNEMAN TRUSTEE/CHAIR-ELECT 2.0
Officer Director
$0 $0 $0
LARRY P HEARD TRUSTEE/VICE CHAIR 2.0
Officer Director
$0 $0 $0
WILLIAM E MEARSE TRUSTEE/VICE CHAIR 2.0
Officer Director
$0 $0 $0
ALICIA A SABERIOON TRUSTEE 2.0
Director
$0 $0 $0
ANTONIO FALCON MD TRUSTEE 2.0
Director
$0 $0 $0
BARBARA B ALLBRITTON TRUSTEE 2.0
Director
$0 $0 $0
BROOKS H MCGEE TRUSTEE 2.0
Director
$0 $0 $0
CHARLES A WILLIAMS TRUSTEE 2.0
Director
$0 $0 $0
CHRISTOPHER B SAROFIM TRUSTEE 2.0
Director
$0 $0 $0
CHUCK WATSON TRUSTEE 2.0
Director
$0 $0 $0
CORBIN J ROBERTSON JR TRUSTEE (until 05-14-25) 2.0
Director
$0 $0 $0
DAVID C BALDWIN TRUSTEE 2.0
Director
$0 $0 $0
DAVID R DOMINY TRUSTEE 2.0
Director
$0 $0 $0
ELISE ELKINS JOSEPH TRUSTEE (until 11-20-24) 2.0
Director
$0 $0 $0
ERIC MULLINS TRUSTEE 2.0
Director
$0 $0 $0
FRED R LUMMIS TRUSTEE 2.0
Director
$0 $0 $0
HENRY JN TAUB II TRUSTEE 2.0
Director
$0 $0 $0
IRA M MITZNER TRUSTEE 2.0
Director
$0 $0 $0
J CARY GRAY TRUSTEE 2.0
Director
$0 $0 $0
J MURRY BOWDEN TRUSTEE 2.0
Director
$0 $0 $0
JACK FIELDS TRUSTEE 2.0
Director
$0 $0 $0
JAMES C FLORES TRUSTEE 2.0
Director
$0 $0 $0
JAMES T HACKETT TRUSTEE 2.0
Director
$0 $0 $0
JAY A BROWN TRUSTEE 2.0
Director
$0 $0 $0
JOHN F ANDERSON MD TRUSTEE (passed away 03-08-25) 2.0
Director
$0 $0 $0
JOHN L NAU III TRUSTEE (until 05-14-25) 2.0
Director
$0 $0 $0
KELLY HACKETT TRUSTEE (until 06-01-25) 2.0
Director
$0 $0 $0
LARRY TAYLOR TRUSTEE (Beginning 08-26-24) 2.0
Director
$0 $0 $0
LEE H ROSENTHAL TRUSTEE 2.0
Director
$0 $0 $0
LINDA A LIVINGSTONE PHD TRUSTEE 2.0
Director
$0 $0 $0
MARC J SHAPIRO TRUSTEE (until 05-14-25) 2.0
Director
$0 $0 $0
MARK A MCCOLLUM TRUSTEE 2.0
Director
$0 $0 $0
MELANIE GRAY TRUSTEE 2.0
Director
$0 $0 $0
MICHAEL G MACDOUGALL TRUSTEE 2.0
Director
$0 $0 $0
PAUL L FOSTER TRUSTEE 2.0
Director
$0 $0 $0
PAUL W HOBBY TRUSTEE 2.0
Director
$0 $0 $0
PRECIOUS W OWODUNNI TRUSTEE 2.0
Director
$0 $0 $0
RALPH EADS TRUSTEE 2.0
Director
$0 $0 $0
ROBERT J UNDERBRINK TRUSTEE 2.0
Director
$0 $0 $0
ROBERT L BREWTON TRUSTEE 2.0
Director
$0 $0 $0
SARAH FOSHEE MD TRUSTEE 2.0
Director
$0 $0 $0
SHAUNA J CLARK TRUSTEE 2.0
Director
$0 $0 $0
T DOUGLAS LAWSON PHD TRUSTEE (until 02-21-25) 2.0
Director
$0 $0 $0
TODD A REPPERT TRUSTEE 2.0
Director
$0 $0 $0
TRINIDAD MENDENHALL TRUSTEE 2.0
Director
$0 $0 $0
VIJAY GORADIA TRUSTEE 2.0
Director
$0 $0 $0
WIL VANLOH TRUSTEE 2.0
Director
$0 $0 $0
CAROLYN SMITH PHD SVP (interim 05-01-24 to 10-10-24) & DEAN-GRAD BIOMED SCI / RESEARCH 50.0
Officer
$622,273 $45,436 $667,709
CLAIRE BASSETT VP & CHIEF COMMUNICATIONS OFFICER 50.0
Officer
$459,031 $122,620 $581,651
JAMES T MCDEAVITT MD SVP & DEAN OF CLINICAL AFFAIRS 50.0
Officer
$1,214,511 $271,731 $1,486,242
JOE DOTY SVP & CHIEF OPERATING OFFICER 50.0
Officer
$805,351 $180,031 $985,382
LORIE TABAK CHIEF OF STAFF 50.0
Officer
$678,865 $157,711 $836,576
OSWALDO RAMIREZ CHIEF FINANCIAL OFFICER (interim 03-06-24 through 11-30-24) 50.0
Officer
$433,741 $45,391 $479,132
PAUL E KLOTMAN MD PRESIDENT/CEO, EXECUTIVE DEAN 50.0
Officer
$4,028,822 $687,530 $4,716,352
ROBERT F CORRIGAN JR JD SVP/GENERAL COUNSEL, CORP SEC 50.0
Officer
$753,744 $176,639 $930,383
STEPHANIE YOUNG SVP, INSTITUTIONAL ADVANCEMENT 50.0
Officer
$612,899 $96,811 $709,710
Wesley A Benbow SVP & Chief Financial Officer (beginning 12-01-24) 50.0
Officer
$52,180 $4,371 $56,551
ASHOK BALASUBRAMANYAM MD VP ACAD. INTEGR/SR ASSOC DEAN 50.0
Key Emp
$576,780 $45,578 $622,358
BERT O'MALLEY MD CHANCELLOR (passed away 11-11-25) 50.0
Key Emp
$471,236 $45,062 $516,298
HASHEM EL-SERAG MD CHAIR, DEPT OF MEDICINE 50.0
Key Emp
$962,777 $46,118 $1,008,895
JENNIFER G CHRISTNER MD DEAN - SCHOOL OF MEDICINE (until 11-15-25) 50.0
Key Emp
$660,118 $159,871 $819,989
LARA Shekerdemian MD CHAIR - DEPT OF PEDIATRICS 50.0
Key Emp
$1,379,652 $47,498 $1,427,150
PETER J HOTEZ MD PHD DEAN - NAT SCHOOL OF TROP MED 50.0
Key Emp
$729,363 $45,921 $775,284
TODD A REINHART ScD DEAN-SCHOOL OF HEALTH PROFESSIONS 50.0
Key Emp
$337,012 $39,865 $376,877
WILLIAM D WALKER VP - CHIEF INVESTMENT OFFICER 50.0
Key Emp
$1,173,826 $48,625 $1,222,451
CHRISTOPHER LAVERGNE MD ASSISTANT PROF 50.0
Highest
$2,077,204 $45,579 $2,122,783
Jeffrey Heinle MD PROF/CONGENITAL HEART SURGERY 50.0
Highest
$2,061,564 $46,898 $2,108,462
JOHN A GOSS MD PROF/CHIEF, ABDOMINAL TRANS. 50.0
Highest
$1,866,127 $46,298 $1,912,425
KENNETH LIAO MD PHD Professor and Chief 50.0
Highest
$1,903,391 $46,298 $1,949,689
MARC MOON MD PROF/CHIEF CARDIOTHORACIC SURGERY 50.0
Highest
$1,820,809 $46,298 $1,867,107
GORDON E SCHUTZE MD CHAIR - DEPT OF PEDIATRICS (INTERIM 02-24-21 UNTIL 09-30-21) 0.0
$653,603 $45,957 $699,560
JAMIE BAILEY SVP & CHIEF FINANCIAL OFFICER (until 03-05-24) 0.0
$158,724 $17,821 $176,545
KIMBERLY COTNER DAVID SVP & CHIEF BUSINESS OFFICER (until 06-30-24) 0.0
$361,008 $31,521 $392,529
MARY DICKINSON PHD SVP/DOR (until 04-30-24) 0.0
$193,175 $19,609 $212,784
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 $2,979,794,649 $2,978,703,069 $3,113,646,721 $1,091,580
2024 No data No data No data No data
2023 $2,554,771,609 $2,571,178,222 $2,886,238,950 $-16,406,613
2022 $2,510,669,242 $2,373,682,050 $2,864,921,260 $136,987,192
2021 $2,257,371,901 $2,156,137,797 $3,057,643,693 $101,234,104
2020 $2,031,533,464 $2,100,478,448 $2,481,643,841 $-68,944,984
2019 $2,022,049,020 $2,032,607,683 $2,545,949,116 $-10,558,663
2018 $1,996,936,360 $1,923,974,640 $2,532,203,399 $72,961,720
Explore More Nonprofits
→Top 100 Nonprofits in Texas →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare Baylor College of Medicine with other nonprofits in Texas and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.