{"success":true,"data":{"_id":742311260,"filings":[{"Organization":{"value":null,"Person":["James R Dublin","Stephen M Dufilho","James M Summers","John F LeFlore","Mauli Agrawal PhD PE","Bruce B Barshop","J Dan Bates","Robert M Cavender","Christopher W Claus","Edward A Cross II","T Patrick Duncan","John W Feik","F Nelson Finch II","Donald B Frost","William E Greehey","Stephen C Hall","J Randolph Harig","William L Henrich MD MACP","George E Karutz Sr","Jack P Kelly","John C Kerr","H Drake Leddy","Steven Q Lee","Bruce Leslie PhD","Terrell McCombs","Joe C McKinney","Elaine Mendoza","Nicolas Musi MD","Phillip J Pfeiffer","Robert B Price","Ricardo Romo PhD","Kenneth P Trevett","John York Duncan","Denise Breedlove","Dora Ann Verde CPA","David Clark"],"Title":["Chairman","Vice Chairman","Secretary","Treasurer","Trustee","Trustee","Trustee","Trustee","Trustee","Trustee","Trustee","Trustee","Trustee","Trustee","Trustee","Trustee","Trustee","Trustee","Trustee","Trustee","Trustee","Trustee","Trustee","Trustee","Trustee","Trustee","Trustee","Trustee","Trustee","Trustee","Trustee","Trustee","President & CEO","CFO","Financial Consultant","Program Manager"],"Hours":[3.0,3.0,0.5,3.0,0.25,0.25,0.0,0.25,0.0,3.0,0.25,0.0,0.25,0.0,0.0,0.0,0.5,0.0,0.25,0.0,0.25,0.25,0.25,0.0,0.25,0.0,0.0,0.0,0.0,0.25,0.0,0.25,40.0,40.0,20.0,40.0],"Total Compensation":[0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,188062,108923,0,105419],"Direct compensation":[0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,174531,100234,0,95988],"Other compensation":[0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,13531,8689,0,9431]},"Basic":{"value":null,"mission":"The organization's primary mission is to build a world-class center of bioscience research, medical education and job creation.","year":2014,"name":"TEXAS RESEARCH AND TECHNOLOGY FOUNDATION","phone":2106744177,"website":"WWW.TRTF-T3DC.ORG","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"JOHN YORK DUNCAN","year_formation":1984,"state_legal_domicile":"TX","total_volunteers":32,"tax_period_begin":"2014-01-01T00:00:00","tax_period_end":"2014-12-31T00:00:00","address":"14785 OMICRON DRIVE Suite 100, SAN ANTONIO, TX, 78245, USA","city":"SAN ANTONIO","state":"TX","country":"USA","zip_code":78245},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":32,"Number of independent voting members":32,"Number of employees total":8,"Total Gross UBI":0,"Net unrelated business taxable income":null,"Number of employees":8,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":true,"Premiums Paid":true,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":1521651,"Contributions":{"value":393129,"Other contributions":134471,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":258658,"Related organizations":0},"Program revenue":{"value":1102255,"Total revenue":1102255,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":17189,"Investment income total":17189,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":9078,"Other total":9078,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":2725083,"Grant expense":{"value":83433,"Grants to domestic orgs":83433,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":883238,"Current officers":402403,"Disqualified persons":0,"Other salaries and wages":301229,"Pension plan contributions":0,"Other employee benefits":138065,"Payroll taxes":41541},"Other expenses":{"value":1758412,"Management services":0,"Legal":73041,"Accounting":30146,"Lobbying services":0,"Investment management fees":0,"Other services":119153,"Advertising":1890,"Office expenses":125582,"Information technology":15942,"Royalties":0,"Occupancy":644572,"Travel":25462,"Conferences and meetings":4113,"Interest":12652,"Payments to affiliates":0,"Depreciation and depletion":483764,"Insurance":22859,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":199236,"REPAIRS & MAINTENANCE":164395,"CONTINUING EDUCATION":435,"MEALS & ENTERTAINMENT":6264,"MISCELLANEOUS EXPENSES":28142},"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":1859522,"Management And General Expenses":865561,"Fundraising Expenses":0}},"Assets":{"value":16520240,"Non-interest bearing cash":2897,"Savings and temp cash investments":613224,"Pledges and grants receivable":433,"Accounts receivable":423585,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":3045353,"Prepaid expenses deferred charges":3772,"Land, building, equipment":11140169,"Investments publicly traded":593563,"Investments other":0,"Investments program related":649357,"Intangible assets":14460,"Other assets":33427},"Liabilities":{"value":1857899,"Sum of Total Liabilities":0,"Accounts payable, accrued":397853,"Grants payable":0,"Deferred, revenue":206261,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":1199207,"Unsecured notes loans payable":0,"Other liabilities":54578},"Fund balance":{"value":14662341,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":14437341,"Temporarily restricted net assets":225000,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.6823726103021449,"percentile":0.5271980456445908},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":-0.7908725456757167,"percentile":0.05049545731440756},"Liabilities to Assets Ratio":{"score":0.11246198602441611,"percentile":0.3138708902992791},"Operating Reserve Ratio":{"score":6.062288744966667,"percentile":0.8343736655660102},"Officer Compensation Ratio":{"score":0.14766669492268675,"percentile":0.4175591573722117},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":null,"percentile":null},"Asset Growth":{"score":null,"percentile":null},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.5032802427374962,"percentile":0.32968934579611203}},"source_xml":"201513209349306156_public.xml"},{"Organization":{"value":null,"Person":["Rene I Dominguez","Chris Claus","Larry Mills","Cathy Starnes","Darryl Byrd thru September","Matt Duke","Michelle Lugalia-Hollon","Rick A Hernandez","Jessica L Harris","Preston Woolfolk","Juan Sebastian Garzon"],"Title":["President and CEO","Board of Directors","Board of Directors","Board of Directors","Board of Directors","Board of Directors","Board of Directors","CFO","COO","Chairman","Executive Director"],"Hours":[40.0,1.0,1.0,1.0,1.0,1.0,1.0,40.0,40.0,1.0,40.0],"Total Compensation":[359357,0,0,0,0,0,0,265574,243593,0,139921],"Direct compensation":[339771,0,0,0,0,0,0,252012,241935,0,133194],"Other compensation":[19586,0,0,0,0,0,0,13562,1658,0,6727]},"Basic":{"value":null,"mission":"The organization's primary mission is to build a world-class center of bio-science research, medical education and job creation.","year":2024,"name":"Texas Research and Technology Foundation","phone":2105912456,"website":"velocitytx.org","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"Rene I Dominguez","year_formation":1984,"state_legal_domicile":"TX","total_volunteers":7,"tax_period_begin":"2024-01-01T00:00:00","tax_period_end":"2024-12-31T00:00:00","address":"1305 East Houston Street, San Antonio, TX, 78205, USA","city":"San Antonio","state":"TX","country":"USA","zip_code":78205},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":7,"Number of independent voting members":6,"Number of employees total":0,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":0,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":true,"Premiums Paid":true,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":2532193,"Contributions":{"value":2455939,"Other contributions":127657,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":2328282,"Related organizations":0},"Program revenue":{"value":868194,"Total revenue":{"value":868194,"Program Related Lease Revenue":544063,"Program Fees":324131},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":181082,"Investment income total":218377,"Net investment gain":-37295,"Income from invest bond proceeds":0},"Other revenues":{"value":-973022,"Other total":-973022,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":4659827,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":1604763,"Current officers":868884,"Disqualified persons":0,"Other salaries and wages":429055,"Pension plan contributions":83757,"Other employee benefits":126252,"Payroll taxes":96815},"Other expenses":{"value":3055064,"Management services":0,"Legal":159038,"Accounting":131692,"Lobbying services":0,"Investment management fees":734,"Other services":260245,"Advertising":94853,"Office expenses":44093,"Information technology":86695,"Royalties":0,"Occupancy":931104,"Travel":19547,"Conferences and meetings":394449,"Interest":431665,"Payments to affiliates":0,"Depreciation and depletion":155882,"Insurance":95671,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":197870,"Bad Debt Expense":196504,"Telephone":1366},"All other expenses":51526},"Functional Expenses":{"value":null,"Program Service Expenses":3216964,"Management And General Expenses":1442863,"Fundraising Expenses":0}},"Assets":{"value":74186483,"Non-interest bearing cash":316467,"Savings and temp cash investments":955312,"Pledges and grants receivable":0,"Accounts receivable":44764717,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":269489,"Land, building, equipment":6608778,"Investments publicly traded":3001760,"Investments other":14403751,"Investments program related":1523615,"Intangible assets":0,"Other assets":2342594},"Liabilities":{"value":30919564,"Sum of Total Liabilities":0,"Accounts payable, accrued":21814074,"Grants payable":0,"Deferred, revenue":103792,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":5645587,"Unsecured notes loans payable":0,"Other liabilities":3356111},"Fund balance":{"value":43266919,"Net assets without donor restriction":43266919,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.6903612516086971,"percentile":0.5314106643680568},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":-0.8402337420567864,"percentile":0.04804614281879862},"Liabilities to Assets Ratio":{"score":0.41678163931831086,"percentile":0.15933012472285177},"Operating Reserve Ratio":{"score":15.920437175028171,"percentile":0.9305046482005085},"Officer Compensation Ratio":{"score":0.21641254063723825,"percentile":0.28763588821160146},"Program Expense Growth":{"score":0.08265666782354614,"percentile":0.6346125667415881},"Revenue Growth":{"score":0.10011164916721617,"percentile":0.7641460967996705},"Asset Growth":{"score":0.14320236342993975,"percentile":0.7711032803104833},"Independent Voting Board Pct":{"score":0.8571428571428571,"percentile":0.21680981203217933},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.4858421287194347,"percentile":0.2879143457611147}},"source_xml":"202523219349323242_public.xml"},{"Organization":{"value":null,"Person":["JAMES R DUBLIN","STEPHEN M DUFILHO","JAMES M SUMMERS","JOHN F LEFLORE","MAULI AGRAWAL PHD PE","BRUCE B BARSHOP","ROBERT M CAVENDER","EDWARD A CROSS II","T PATRICK DUNCAN","F NELSON FINCH II","JOHN C KERR","H DRAKE LEDDY","STEVEN Q LEE","TERRELL MCCOMBS","ROBERT B PRICE","KENNETH P TREVETT","CHRIS CLAUS","DONALD FROST","WILLIAM GREEHEY","ANDREA GIUFFRIDA","STEVE HALL","WILLIAM HENRICH","BRUCE LESLIE","JOE C MCKINNEY","ELAINE MENDOZA","NICHOLAS MUSI","LINDA MYERS","PHILLIP PFEIFFER","RICARDO ROMO","STEPHANIE CHANDLER","JOHN W FEIK","ROBERT GRACY","DENISE GREEN","LARRY MILLS","RANDY HARIG","J YORK DUNCAN","JORGE VARELA"],"Title":["TRUSTEE","CHAIRMAN","SECRETARY","TREASURER","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE (BEGIN. 4/2017)","CEO/PRESIDENT","SR VP REAL ESTATE","CEO VELOCITY"],"Hours":[3.0,3.0,0.5,3.0,0.25,0.25,0.25,3.0,0.25,0.25,0.25,0.25,0.25,0.25,0.25,0.25,0.5,0.25,0.25,0.25,0.25,0.25,0.25,0.25,0.25,0.25,0.25,0.25,0.25,0.25,0.25,0.25,0.25,0.25,40.0,40.0,40.0],"Total Compensation":[0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,372310,198942,167577],"Direct compensation":[0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,348833,184939,142917],"Other compensation":[0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,23477,14003,24660]},"Basic":{"value":null,"mission":"The organization's primary mission is to build a world-class center of bio-science research, medical education and job creation.","year":2017,"name":"TEXAS RESEARCH AND TECHNOLOGY FOUNDATION","phone":2108868073,"website":"TEXASRESEARCHFOUNDATION.COM","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"RANDY HARIG","year_formation":1984,"state_legal_domicile":"TX","total_volunteers":34,"tax_period_begin":"2017-01-01T00:00:00","tax_period_end":"2017-12-31T00:00:00","address":"1422 E GRAYSON Suite 300, SAN ANTONIO, TX, 78208, USA","city":"SAN ANTONIO","state":"TX","country":"USA","zip_code":78208},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":35,"Number of independent voting members":34,"Number of employees total":11,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":11,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":true,"Premiums Paid":true,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":1521740,"Contributions":{"value":40355,"Other contributions":40355,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":534082,"Total revenue":534082,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":846753,"Investment income total":194947,"Net investment gain":651806,"Income from invest bond proceeds":0},"Other revenues":{"value":100550,"Other total":100550,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":2421169,"Grant expense":{"value":45000,"Grants to domestic orgs":45000,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":1253322,"Current officers":738829,"Disqualified persons":0,"Other salaries and wages":331515,"Pension plan contributions":0,"Other employee benefits":130524,"Payroll taxes":52454},"Other expenses":{"value":1122847,"Management services":0,"Legal":102574,"Accounting":23575,"Lobbying services":0,"Investment management fees":23467,"Other services":116771,"Advertising":0,"Office expenses":93025,"Information technology":0,"Royalties":0,"Occupancy":21633,"Travel":56229,"Conferences and meetings":46440,"Interest":8349,"Payments to affiliates":0,"Depreciation and depletion":269674,"Insurance":104818,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":256292,"REPAIRS & MAINTENANCE":224640,"MISCELLANEOUS EXPENSES":31652},"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":1199196,"Management And General Expenses":1221973,"Fundraising Expenses":0}},"Assets":{"value":25847922,"Non-interest bearing cash":186226,"Savings and temp cash investments":1035681,"Pledges and grants receivable":0,"Accounts receivable":190038,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":52538,"Land, building, equipment":16447001,"Investments publicly traded":5100632,"Investments other":621271,"Investments program related":1599665,"Intangible assets":0,"Other assets":614870},"Liabilities":{"value":1932181,"Sum of Total Liabilities":0,"Accounts payable, accrued":764051,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":1150000,"Unsecured notes loans payable":0,"Other liabilities":18130},"Fund balance":{"value":23915741,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":23915741,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.4952962804331296,"percentile":0.47479497796718034},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":-0.5910530051125685,"percentile":0.06455078883293568},"Liabilities to Assets Ratio":{"score":0.07475188914605979,"percentile":0.35310713284925593},"Operating Reserve Ratio":{"score":10.675802473928917,"percentile":0.8982347124513894},"Officer Compensation Ratio":{"score":0.30515383271469276,"percentile":0.18228885588462682},"Program Expense Growth":{"score":-0.12622403005306793,"percentile":0.1224621915491075},"Revenue Growth":{"score":0.005159596071142865,"percentile":0.392687992864204},"Asset Growth":{"score":0.11952922664807651,"percentile":0.727131425213502},"Independent Voting Board Pct":{"score":0.9714285714285714,"percentile":0.2762905297016225},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.388245627555372,"percentile":0.10359866434231138}},"source_xml":"201823199349317857_public.xml"},{"Organization":{"value":null,"Person":["RANDY HARIG","J YORK DUNCAN","sylvia lopez gaona","krista m covey","david fonseca","rene i dominguez","jp negem","STEPHEN M DUFILHO","JOHN F LEFLORE","JAMES M SUMMERS","james r dublin","ken rector","christopher claus","larry mills","robert m cavender","john feik","f nelson finch ii","don frost","andrea giuffrida","steve hall","william l henrich","john kerr","h drake leddy","steven lee","terrell mccombs","joe c mckinney","nicolas musi","kenneth p trevett"],"Title":["CEO","president","executive vp of community dev","vp - VelocityTX","vp - VelocityTX","coo","cfo","board member","board member","board member","board member","board member","board member","board member","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE"],"Hours":[40.0,40.0,40.0,40.0,40.0,40.0,40.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0,0.25,0.25,0.25,0.25,0.25,0.25,0.25,0.25,0.25,0.25,0.25,0.25,0.25,0.25],"Total Compensation":[388500,235595,170200,145506,140520,92630,70746,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0],"Direct compensation":[364000,213383,159467,125562,127225,81899,64250,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0],"Other compensation":[24500,22212,10733,19944,13295,10731,6496,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0]},"Basic":{"value":null,"mission":"The organization's primary mission is to build a world-class center of bio-science research, medical education and job creation.","year":2019,"name":"TEXAS RESEARCH AND TECHNOLOGY FOUNDATION","phone":2108668073,"website":"TEXASRESEARCHFOUNDATION.COM","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"RANDY HARIG","year_formation":1984,"state_legal_domicile":"TX","total_volunteers":21,"tax_period_begin":"2019-01-01T00:00:00","tax_period_end":"2019-12-31T00:00:00","address":"1305 E Houston St, San Antonio, TX, 78205, USA","city":"San Antonio","state":"TX","country":"USA","zip_code":78205},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":22,"Number of independent voting members":21,"Number of employees total":22,"Total Gross UBI":10616,"Net unrelated business taxable income":9616,"Number of employees":22,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":true,"Premiums Paid":true,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":10734374,"Contributions":{"value":2048238,"Other contributions":13000,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":2035238,"Related organizations":0},"Program revenue":{"value":1142105,"Total revenue":{"value":1142105,"PROGRAM RELATED LEASE REVENUE":1048077,"PROGRAM FEES":85028,"SPONSORSHIPS":9000},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":7089823,"Investment income total":130292,"Net investment gain":6959531,"Income from invest bond proceeds":0},"Other revenues":{"value":454208,"Other total":454208,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":12894226,"Grant expense":{"value":7269900,"Grants to domestic orgs":7269900,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":1757735,"Current officers":1135786,"Disqualified persons":0,"Other salaries and wages":362124,"Pension plan contributions":0,"Other employee benefits":173961,"Payroll taxes":85864},"Other expenses":{"value":3866591,"Management services":0,"Legal":713960,"Accounting":139872,"Lobbying services":0,"Investment management fees":3128,"Other services":1371614,"Advertising":80292,"Office expenses":59567,"Information technology":0,"Royalties":0,"Occupancy":444673,"Travel":29778,"Conferences and meetings":111765,"Interest":207161,"Payments to affiliates":0,"Depreciation and depletion":340976,"Insurance":115275,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":248530,"MISCELLANEOUS EXP":175742,"TELEPHONE":22395,"BAD DEBT":11132,"OTHER EXPENSES":39261},"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":11918150,"Management And General Expenses":976076,"Fundraising Expenses":0}},"Assets":{"value":39375862,"Non-interest bearing cash":554233,"Savings and temp cash investments":1123637,"Pledges and grants receivable":0,"Accounts receivable":2342944,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":775123,"Land, building, equipment":26038514,"Investments publicly traded":3006256,"Investments other":4221330,"Investments program related":1287425,"Intangible assets":0,"Other assets":26400},"Liabilities":{"value":21409757,"Sum of Total Liabilities":0,"Accounts payable, accrued":1055560,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":20261067,"Unsecured notes loans payable":0,"Other liabilities":93130},"Fund balance":{"value":17966105,"Net assets without donor restriction":17966105,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.9243013113001122,"percentile":0.8085285540508971},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":-0.20120893868613113,"percentile":0.15075634660429182},"Liabilities to Assets Ratio":{"score":0.5437279569905035,"percentile":0.1246110092374552},"Operating Reserve Ratio":{"score":3.053759256274863,"percentile":0.7161444055373819},"Officer Compensation Ratio":{"score":0.09645379257351314,"percentile":0.5639162373317926},"Program Expense Growth":{"score":0.3680066798236943,"percentile":0.8915202300597858},"Revenue Growth":{"score":0.13963172019628023,"percentile":0.8346134819173588},"Asset Growth":{"score":0.11707398010493114,"percentile":0.7219932449765576},"Independent Voting Board Pct":{"score":0.9545454545454546,"percentile":0.26971641501731436},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.6176445399645629,"percentile":0.6561835363411163}},"source_xml":"202042969349301404_public.xml"},{"Organization":{"value":null,"Person":["JAMES R DUBLIN","STEPHEN M DUFILHO","JAMES M SUMMERS","JOHN F LEFLORE","MAULI AGRAWAL PHD PE","BRUCE B BARSHOP","ROBERT M CAVENDER","EDWARD A CROSS II","T PATRICK DUNCAN","F NELSON FINCH II","J RANDOLPH HARIG","JOHN C KERR","H DRAKE LEDDY","STEVEN Q LEE","TERRELL MCCOMBS","ROBERT B PRICE","KENNETH P TREVETT","CHRIS CLAUS","DONALD FROST","WILLIAM GREEHEY","ANDREA GUIFRIDDA","STEVE HALL","WILLIAM HENRICH","JIM KAZEN","BRUCE LESLIE","JOE C MCKINNEY","ELAINE MENDOZA","NICHOLAS MUSI","LINDA MYERS","PHILLIP PFEIFFER","RICARDO ROMO","JOHN YORK DUNCAN"],"Title":["CHAIRMAN","VICE CHAIRMAN","SECRETARY","TREASURER","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","PRESIDENT AND CEO"],"Hours":[3.0,3.0,0.5,3.0,0.25,0.25,0.25,3.0,0.25,0.25,0.5,0.25,0.25,0.25,0.25,0.25,0.25,0.5,0.25,0.25,0.25,0.25,0.25,0.25,0.25,0.25,0.25,0.25,0.25,0.25,0.25,40.0],"Total Compensation":[0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,247386],"Direct compensation":[0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,235720],"Other compensation":[0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,11666]},"Basic":{"value":null,"mission":"The organization's primary mission is to build a world-class center of bio-science research, medical education and job creation.","year":2015,"name":"TEXAS RESEARCH AND TECHNOLOGY FOUNDATION","phone":2106744177,"website":"WWW.TRTF-T3DC.ORG","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"JOHN YORK DUNCAN","year_formation":1984,"state_legal_domicile":"TX","total_volunteers":33,"tax_period_begin":"2015-01-01T00:00:00","tax_period_end":"2015-12-31T00:00:00","address":"14785 OMICRON DRIVE SUITE 100 Suite, SAN ANTONIO, TX, 78245, USA","city":"SAN ANTONIO","state":"TX","country":"USA","zip_code":78245},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":31,"Number of independent voting members":31,"Number of employees total":9,"Total Gross UBI":0,"Net unrelated business taxable income":null,"Number of employees":9,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":true,"Premiums Paid":true,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":12646185,"Contributions":{"value":919105,"Other contributions":241350,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":677755,"Related organizations":0},"Program revenue":{"value":1181720,"Total revenue":{"value":1181720,"PROGRAM RELATED LEASE REVENUE":1028350,"TARGETED TECHNOLOGY INCOME":153370},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":10521600,"Investment income total":7775,"Net investment gain":10513825,"Income from invest bond proceeds":0},"Other revenues":{"value":23760,"Other total":23760,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":3048203,"Grant expense":{"value":96650,"Grants to domestic orgs":96650,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":919880,"Current officers":235720,"Disqualified persons":0,"Other salaries and wages":544840,"Pension plan contributions":0,"Other employee benefits":111911,"Payroll taxes":27409},"Other expenses":{"value":2031673,"Management services":0,"Legal":83010,"Accounting":25291,"Lobbying services":0,"Investment management fees":0,"Other services":52300,"Advertising":0,"Office expenses":432367,"Information technology":17517,"Royalties":0,"Occupancy":750849,"Travel":5281,"Conferences and meetings":1585,"Interest":55093,"Payments to affiliates":0,"Depreciation and depletion":316311,"Insurance":12649,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":198301,"REPAIRS & MAINTENANCE":179661,"BAD DEBTS":16249,"EDUCATION":99,"MEALS & ENTERTAINMENT":2292},"All other expenses":81119},"Functional Expenses":{"value":null,"Program Service Expenses":1715409,"Management And General Expenses":1332794,"Fundraising Expenses":0}},"Assets":{"value":24662907,"Non-interest bearing cash":11103372,"Savings and temp cash investments":1080820,"Pledges and grants receivable":50000,"Accounts receivable":162515,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":25282,"Land, building, equipment":10883756,"Investments publicly traded":0,"Investments other":0,"Investments program related":1316630,"Intangible assets":0,"Other assets":40532},"Liabilities":{"value":402584,"Sum of Total Liabilities":0,"Accounts payable, accrued":381133,"Grants payable":0,"Deferred, revenue":7171,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":14280},"Fund balance":{"value":24260323,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":23985323,"Temporarily restricted net assets":275000,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.5627607478898223,"percentile":0.4866232186445184},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.7589626436747525,"percentile":0.9676714127824543},"Liabilities to Assets Ratio":{"score":0.01632346097724814,"percentile":0.4706677613305082},"Operating Reserve Ratio":{"score":8.090966054426165,"percentile":0.8701727213551271},"Officer Compensation Ratio":{"score":0.08115798062005714,"percentile":0.6198333908818698},"Program Expense Growth":{"score":0.01827930985199498,"percentile":0.39753821976159404},"Revenue Growth":{"score":1.0843549208820225,"percentile":0.9976773947177527},"Asset Growth":{"score":0.1991003578138752,"percentile":0.8458189870156304},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.7180365779168585,"percentile":0.8768718316176981}},"source_xml":"201603209349313505_public.xml"},{"Organization":{"value":null,"Person":["J Randolph Harig","rene i dominguez","david fonseca","Rick A Hernandez","Jessica Harris","Bradley A Wheeless","Juan S Garzon Coronado","christopher claus","larry mills","Joyce Pingel","David Preston Woolfolk","Cathy Starnes","Darryl Byrd"],"Title":["ceo/board member","coo","Vice President","CFO","CAO","Managing Director","Executive Director","board member","Board Member","Board Member","Chairman","Board Member","Board member"],"Hours":[40.0,40.0,40.0,40.0,40.0,40.0,40.0,0.0,0.0,0.0,0.0,0.0,0.0],"Total Compensation":[572066,326383,202845,186215,179643,131539,124204,0,0,0,0,0,0],"Direct compensation":[544001,295919,185113,162203,174804,131539,106380,0,0,0,0,0,0],"Other compensation":[28065,30464,17732,24012,4839,0,17824,0,0,0,0,0,0]},"Basic":{"value":null,"mission":"The organization's primary mission is to build a world-class center of bio-science research, medical education and job creation.","year":2022,"name":"TEXAS RESEARCH AND TECHNOLOGY FOUNDATION","phone":2108668073,"website":"TEXASRESEARCHFOUNDATION.COM","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"J Randolph harig","year_formation":1984,"state_legal_domicile":"TX","total_volunteers":6,"tax_period_begin":"2022-01-01T00:00:00","tax_period_end":"2022-12-31T00:00:00","address":"1305 E Houston St, San Antonio, TX, 78205, USA","city":"San Antonio","state":"TX","country":"USA","zip_code":78205},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":7,"Number of independent voting members":6,"Number of employees total":32,"Total Gross UBI":0,"Net unrelated business taxable income":null,"Number of employees":32,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":true,"Premiums Paid":true,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":7515026,"Contributions":{"value":2260720,"Other contributions":37895,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":901864,"Related organizations":1320961},"Program revenue":{"value":621101,"Total revenue":{"value":621101,"PROGRAM RELATED LEASE REVENUE":365379,"PROGRAM FEES":255722},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":4051479,"Investment income total":32334,"Net investment gain":4019145,"Income from invest bond proceeds":0},"Other revenues":{"value":581726,"Other total":581726,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":6336369,"Grant expense":{"value":121547,"Grants to domestic orgs":121547,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":3058961,"Current officers":1362040,"Disqualified persons":0,"Other salaries and wages":1265060,"Pension plan contributions":0,"Other employee benefits":278946,"Payroll taxes":152915},"Other expenses":{"value":3155861,"Management services":0,"Legal":69112,"Accounting":106154,"Lobbying services":0,"Investment management fees":1384,"Other services":203281,"Advertising":129599,"Office expenses":148476,"Information technology":44450,"Royalties":0,"Occupancy":647446,"Travel":24736,"Conferences and meetings":213657,"Interest":541673,"Payments to affiliates":0,"Depreciation and depletion":247893,"Insurance":206099,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":571901,"MISCELLANEOUS EXP":61822,"TELEPHONE":17291,"OTHER EXPENSES":402152,"BAD DEBT":90636},"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":3702688,"Management And General Expenses":2633681,"Fundraising Expenses":0}},"Assets":{"value":59424466,"Non-interest bearing cash":5383523,"Savings and temp cash investments":1242014,"Pledges and grants receivable":0,"Accounts receivable":28495238,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":103348,"Land, building, equipment":5468057,"Investments publicly traded":2953804,"Investments other":13986876,"Investments program related":1721546,"Intangible assets":0,"Other assets":70060},"Liabilities":{"value":20390604,"Sum of Total Liabilities":0,"Accounts payable, accrued":10758760,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":9603464,"Unsecured notes loans payable":0,"Other liabilities":28380},"Fund balance":{"value":39033862,"Net assets without donor restriction":39033862,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.584354856858873,"percentile":0.49153428177841507},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.1568400428687805,"percentile":0.7074171756497623},"Liabilities to Assets Ratio":{"score":0.3431348293478986,"percentile":0.1845946548285655},"Operating Reserve Ratio":{"score":9.378315246476333,"percentile":0.8858145865040613},"Officer Compensation Ratio":{"score":0.2719057239248535,"percentile":0.21544902265979732},"Program Expense Growth":{"score":0.1705244314776124,"percentile":0.7780417497500002},"Revenue Growth":{"score":0.16802416714047572,"percentile":0.8686291785407622},"Asset Growth":{"score":0.14853074436215882,"percentile":0.7798188698246369},"Independent Voting Board Pct":{"score":0.8571428571428571,"percentile":0.21680981203217933},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.6052791106482607,"percentile":0.6208734410944121}},"source_xml":"202303199349326545_public.xml"},{"Organization":{"value":null,"Person":["J Randolph Harig","rene i dominguez","Rick A Hernandez","Jessica Harris","Bradley A Wheeless","Juan S Garzon Coronado","david fonseca","christopher claus","larry mills","Joyce Pingel","David Preston Woolfolk","Cathy Starnes","Darryl Byrd"],"Title":["CEO/Board Member","coo","CFO","CAO","Executive Director","Executive Director","CEO(VelocityTX) Jan - July","Board Member","Board Member","Board Member","Chairman","Board Member","Board Member, Secretary"],"Hours":[40.0,40.0,40.0,40.0,40.0,40.0,40.0,0.0,0.0,0.0,0.0,0.0,0.0],"Total Compensation":[646628,369144,270811,239036,212958,139029,138221,0,0,0,0,0,0],"Direct compensation":[610906,333158,243868,224588,212000,122669,125640,0,0,0,0,0,0],"Other compensation":[35722,35986,26943,14448,958,16360,12581,0,0,0,0,0,0]},"Basic":{"value":null,"mission":"The organization's primary mission is to build a world-class center of bio-science research, medical education and job creation.","year":2023,"name":"TEXAS RESEARCH AND TECHNOLOGY FOUNDATION","phone":2108668073,"website":"TEXASRESEARCHFOUNDATION.COM","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"Rene Dominguez","year_formation":1984,"state_legal_domicile":"TX","total_volunteers":null,"tax_period_begin":"2023-01-01T00:00:00","tax_period_end":"2023-12-31T00:00:00","address":"1305 E Houston St, San Antonio, TX, 78205, USA","city":"San Antonio","state":"TX","country":"USA","zip_code":78205},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":7,"Number of independent voting members":6,"Number of employees total":0,"Total Gross UBI":0,"Net unrelated business taxable income":null,"Number of employees":0,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":true,"Premiums Paid":true,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":15033092,"Contributions":{"value":4064423,"Other contributions":49422,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":2605266,"Related organizations":1409735},"Program revenue":{"value":584197,"Total revenue":{"value":584197,"PROGRAM RELATED LEASE REVENUE":397769,"PROGRAM FEES":186428},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":8244674,"Investment income total":210030,"Net investment gain":8034644,"Income from invest bond proceeds":0},"Other revenues":{"value":2139798,"Other total":2139798,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":4773660,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":2061298,"Current officers":1412521,"Disqualified persons":0,"Other salaries and wages":383871,"Pension plan contributions":80729,"Other employee benefits":70356,"Payroll taxes":113821},"Other expenses":{"value":2712362,"Management services":0,"Legal":73173,"Accounting":91245,"Lobbying services":0,"Investment management fees":1909,"Other services":134167,"Advertising":70115,"Office expenses":90244,"Information technology":170843,"Royalties":0,"Occupancy":703325,"Travel":25394,"Conferences and meetings":299021,"Interest":758043,"Payments to affiliates":0,"Depreciation and depletion":116954,"Insurance":92469,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":85460,"MISCELLANEOUS EXP":22706,"TELEPHONE":2002,"OTHER EXPENSES":35001,"PAYROLL PLAN":25751},"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":3383372,"Management And General Expenses":1390288,"Fundraising Expenses":0}},"Assets":{"value":68163786,"Non-interest bearing cash":1729972,"Savings and temp cash investments":1389637,"Pledges and grants receivable":0,"Accounts receivable":39439734,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":232010,"Land, building, equipment":4743741,"Investments publicly traded":2989771,"Investments other":15970704,"Investments program related":1623055,"Intangible assets":0,"Other assets":45162},"Liabilities":{"value":20292751,"Sum of Total Liabilities":0,"Accounts payable, accrued":16491846,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":3632578,"Unsecured notes loans payable":0,"Other liabilities":168327},"Fund balance":{"value":47871035,"Net assets without donor restriction":47871035,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.708758478819187,"percentile":0.542477624805652},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.6824565432048177,"percentile":0.9566340084607124},"Liabilities to Assets Ratio":{"score":0.29770574950164885,"percentile":0.20270945687958533},"Operating Reserve Ratio":{"score":14.279145561267455,"percentile":0.9225155756802544},"Officer Compensation Ratio":{"score":0.42228122656410383,"percentile":0.10317223487421778},"Program Expense Growth":{"score":0.11604271850455462,"percentile":0.7058023086526918},"Revenue Growth":{"score":0.16531957517635046,"percentile":0.8657872346858814},"Asset Growth":{"score":0.14897976254985357,"percentile":0.7805231372309338},"Independent Voting Board Pct":{"score":0.8571428571428571,"percentile":0.21680981203217933},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.6495338046512907,"percentile":0.7404956780310629}},"source_xml":"202412419349300441_public.xml"},{"Organization":{"value":null,"Person":["STEPHEN M DUFILHO","JOHN F LEFLORE","JAMES M SUMMERS","james r dublin","ken rector","christopher claus","larry mills","robert m cavender","john feik","f nelson finch ii","don frost","andrea giuffrida","steve hall","william l henrich","john kerr","h drake leddy","steven lee","terrell mccombs","joe c mckinney","nicolas musi","kenneth p trevett","RANDY HARIG","J YORK DUNCAN","JORGE VARELA","krista m covey","david fonseca"],"Title":["board member","board member","board member","board member","board member","board member","board member","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","CEO/PRESIDENT","SR VP REAL ESTATE","CEO VELOCITY","vp - VelocityTX","vp - VelocityTX"],"Hours":[3.0,3.0,3.0,3.0,3.0,3.0,3.0,0.25,0.25,0.25,0.25,0.25,0.25,0.25,0.25,0.25,0.25,0.25,0.25,0.25,0.25,40.0,40.0,40.0,40.0,40.0],"Total Compensation":[0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,388500,186176,192650,137954,138018],"Direct compensation":[0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,364000,174063,176406,123439,126758],"Other compensation":[0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,24500,12113,16244,14515,11260]},"Basic":{"value":null,"mission":"The organization's primary mission is to build a world-class center of bio-science research, medical education and job creation.","year":2018,"name":"TEXAS RESEARCH AND TECHNOLOGY FOUNDATION","phone":2108668073,"website":"TEXASRESEARCHFOUNDATION.COM","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"RANDY HARIG","year_formation":1984,"state_legal_domicile":"TX","total_volunteers":34,"tax_period_begin":"2018-01-01T00:00:00","tax_period_end":"2018-12-31T00:00:00","address":"1422 E Grayson Suite 300, San Antonio, TX, 78208, USA","city":"San Antonio","state":"TX","country":"USA","zip_code":78208},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":22,"Number of independent voting members":21,"Number of employees total":12,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":12,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":true,"Premiums Paid":true,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":1737468,"Contributions":{"value":34818,"Other contributions":20000,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":14818,"Related organizations":0},"Program revenue":{"value":774308,"Total revenue":{"value":774308,"PROGRAM RELATED LEASE REVENUE":752124,"PROGRAM FEES":13684,"SPONSORSHIPS":8500},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":918895,"Investment income total":110028,"Net investment gain":808867,"Income from invest bond proceeds":0},"Other revenues":{"value":9447,"Other total":9447,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":4095542,"Grant expense":{"value":35390,"Grants to domestic orgs":35390,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":1503675,"Current officers":538063,"Disqualified persons":0,"Other salaries and wages":716405,"Pension plan contributions":0,"Other employee benefits":161623,"Payroll taxes":87584},"Other expenses":{"value":2556477,"Management services":0,"Legal":559439,"Accounting":126469,"Lobbying services":0,"Investment management fees":9114,"Other services":283305,"Advertising":14575,"Office expenses":15530,"Information technology":0,"Royalties":0,"Occupancy":467514,"Travel":44925,"Conferences and meetings":129428,"Interest":111834,"Payments to affiliates":0,"Depreciation and depletion":304362,"Insurance":133460,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":356522,"REPAIRS & MAINTENANCE":195638,"MISCELLANEOUS EXP":32761,"TELEPHONE":24305,"BAD DEBT":103818},"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":3374135,"Management And General Expenses":721407,"Fundraising Expenses":0}},"Assets":{"value":22133231,"Non-interest bearing cash":162520,"Savings and temp cash investments":210167,"Pledges and grants receivable":0,"Accounts receivable":121918,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":58893,"Land, building, equipment":16781709,"Investments publicly traded":2986774,"Investments other":258347,"Investments program related":1317912,"Intangible assets":0,"Other assets":234991},"Liabilities":{"value":2007274,"Sum of Total Liabilities":0,"Accounts payable, accrued":786380,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":1202764,"Unsecured notes loans payable":0,"Other liabilities":18130},"Fund balance":{"value":20125957,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":20125957,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.8238555483010551,"percentile":0.656244109141002},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":-1.3571898878137612,"percentile":0.03263225493251138},"Liabilities to Assets Ratio":{"score":0.0906905096684709,"percentile":0.33498085976995673},"Operating Reserve Ratio":{"score":5.4042251306420495,"percentile":0.8179913379635141},"Officer Compensation Ratio":{"score":0.2547399098825015,"percentile":0.2352654175948098},"Program Expense Growth":{"score":0.09326421835646928,"percentile":0.6602492200092374},"Revenue Growth":{"score":-0.08008449392558341,"percentile":0.16862293527921518},"Asset Growth":{"score":0.07070175122310085,"percentile":0.6000139619891853},"Independent Voting Board Pct":{"score":0.9545454545454546,"percentile":0.26971641501731436},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.46307038918385934,"percentile":0.23782778239186878}},"source_xml":"201902769349301705_public.xml"},{"Organization":{"value":null,"Person":["RANDY HARIG","rene i dominguez","jp negem","david fonseca","Sylvia Lopez Gaona","JOHN F LEFLORE","ken rector","christopher claus","larry mills","Jessica Hariss","Jenness Gough","Anita Moreno-Navarro","Liliana Chavez","Kaitlyn Bloch","Melissa Vasquez","Eduardo Deluna","Cathy Starnes","Jim Dublin","Steve Dufilho"],"Title":["CEO","coo","cfo","Vice President","Vice President","board member","board member","Chairman","Secretary","CAO","Director of Marketing","Controller","Operations Coordinator","Programs Coordinator","Accounting Analyst","Facilities Manager","Director","Director","Director"],"Hours":[40.0,40.0,40.0,40.0,40.0,3.0,3.0,0.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0,3.0],"Total Compensation":[428950,241063,187982,168914,111767,0,0,0,0,0,0,0,0,0,0,0,0,0,0],"Direct compensation":[409000,213218,173117,154276,107931,0,0,0,0,0,0,0,0,0,0,0,0,0,0],"Other compensation":[19950,27845,14865,14638,3836,0,0,0,0,0,0,0,0,0,0,0,0,0,0]},"Basic":{"value":null,"mission":"The organization's primary mission is to build a world-class center of bio-science research, medical education and job creation.","year":2020,"name":"TEXAS RESEARCH AND TECHNOLOGY FOUNDATION","phone":2108668073,"website":"TEXASRESEARCHFOUNDATION.COM","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"randy harig","year_formation":1984,"state_legal_domicile":"TX","total_volunteers":21,"tax_period_begin":"2020-01-01T00:00:00","tax_period_end":"2020-12-31T00:00:00","address":"1305 E Houston St, San Antonio, TX, 78205, USA","city":"San Antonio","state":"TX","country":"USA","zip_code":78205},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":25,"Number of independent voting members":21,"Number of employees total":25,"Total Gross UBI":3339,"Net unrelated business taxable income":2339,"Number of employees":25,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":true,"Premiums Paid":true,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":18690276,"Contributions":{"value":1149998,"Other contributions":149998,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":1000000,"Related organizations":0},"Program revenue":{"value":1201374,"Total revenue":1201374,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":16052708,"Investment income total":53829,"Net investment gain":15998879,"Income from invest bond proceeds":0},"Other revenues":{"value":286196,"Other total":286196,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":6067268,"Grant expense":{"value":10740,"Grants to domestic orgs":10740,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":1935219,"Current officers":949611,"Disqualified persons":0,"Other salaries and wages":692690,"Pension plan contributions":0,"Other employee benefits":184133,"Payroll taxes":108785},"Other expenses":{"value":4121309,"Management services":0,"Legal":227118,"Accounting":55711,"Lobbying services":0,"Investment management fees":1725,"Other services":709157,"Advertising":28123,"Office expenses":56874,"Information technology":0,"Royalties":0,"Occupancy":700385,"Travel":9156,"Conferences and meetings":28118,"Interest":637651,"Payments to affiliates":0,"Depreciation and depletion":1133611,"Insurance":196660,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":337020,"MISCELLANEOUS EXP":43414,"TELEPHONE":64266,"OTHER EXPENSES":229340},"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":5115671,"Management And General Expenses":951597,"Fundraising Expenses":0}},"Assets":{"value":45618455,"Non-interest bearing cash":3700767,"Savings and temp cash investments":4176145,"Pledges and grants receivable":0,"Accounts receivable":1655262,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":903700,"Land, building, equipment":29535075,"Investments publicly traded":3019744,"Investments other":1432690,"Investments program related":1168672,"Intangible assets":0,"Other assets":26400},"Liabilities":{"value":14979342,"Sum of Total Liabilities":0,"Accounts payable, accrued":1576588,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":13305145,"Unsecured notes loans payable":0,"Other liabilities":97609},"Fund balance":{"value":30639113,"Net assets without donor restriction":30639113,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.8431588978762764,"percentile":0.6830611118719438},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.6753783625239135,"percentile":0.9555336715525918},"Liabilities to Assets Ratio":{"score":0.32836144933010114,"percentile":0.1902762961032917},"Operating Reserve Ratio":{"score":7.518780281339146,"percentile":0.8617711805303643},"Officer Compensation Ratio":{"score":0.18767524361870944,"percentile":0.33535542773865507},"Program Expense Growth":{"score":0.27392829078230696,"percentile":0.8523703064521796},"Revenue Growth":{"score":0.25762607307113555,"percentile":0.9300572728257702},"Asset Growth":{"score":0.13616302524488316,"percentile":0.7589838251196371},"Independent Voting Board Pct":{"score":0.84,"percentile":0.20600062673859088},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.7171959127982812,"percentile":0.8756273269467558}},"source_xml":"202113349349300226_public.xml"},{"Organization":{"value":null,"Person":["JAMES R DUBLIN","STEPHEN M DUFILHO","JAMES M SUMMERS","JOHN F LEFLORE","MAULI AGRAWAL PHD PE","BRUCE B BARSHOP","ROBERT M CAVENDER","EDWARD A CROSS II","T PATRICK DUNCAN","F NELSON FINCH II","J RANDOLPH HARIG","JOHN C KERR","H DRAKE LEDDY","STEVEN Q LEE","TERRELL MCCOMBS","ROBERT B PRICE","KENNETH P TREVETT","CHRIS CLAUS","DONALD FROST","WILLIAM GREEHEY","ANDREA GUIFRIDDA","STEVE HALL","WILLIAM HENRICH","BRUCE LESLIE","JOE C MCKINNEY","ELAINE MENDOZA","NICHOLAS MUSI","LINDA MYERS","PHILLIP PFEIFFER","RICARDO ROMO","STEPHANIE CHANDLER","JOHN W FEIK","ROBERT GRACY","DENISE GREEN","JOHN YORK DUNCAN"],"Title":["CHAIRMAN","VICE CHAIRMAN","SECRETARY","TREASURER","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","PRESIDENT AND CEO"],"Hours":[3.0,3.0,0.5,3.0,0.25,0.25,0.25,3.0,0.25,0.25,0.5,0.25,0.25,0.25,0.25,0.25,0.25,0.5,0.25,0.25,0.25,0.25,0.25,0.25,0.25,0.25,0.25,0.25,0.25,0.25,0.25,0.25,0.25,0.25,40.0],"Total Compensation":[0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,247532],"Direct compensation":[0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,233748],"Other compensation":[0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,13784]},"Basic":{"value":null,"mission":"The organization's primary mission is to build a world-class center of bio-science research, medical education and job creation.","year":2016,"name":"TEXAS RESEARCH AND TECHNOLOGY FOUNDATION","phone":2105584696,"website":"WWW.TRTF-T3DC.ORG","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"JOHN YORK DUNCAN","year_formation":1984,"state_legal_domicile":"TX","total_volunteers":35,"tax_period_begin":"2016-01-01T00:00:00","tax_period_end":"2016-12-31T00:00:00","address":"12001 NETWORK BLVD Suite STE 310, SAN ANTONIO, TX, 78249, USA","city":"SAN ANTONIO","state":"TX","country":"USA","zip_code":78249},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":34,"Number of independent voting members":34,"Number of employees total":5,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":5,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":true,"Premiums Paid":true,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":1460427,"Contributions":{"value":592521,"Other contributions":348944,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":243577,"Related organizations":0},"Program revenue":{"value":490140,"Total revenue":490140,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":263052,"Investment income total":223020,"Net investment gain":40032,"Income from invest bond proceeds":0},"Other revenues":{"value":114714,"Other total":114714,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":2237796,"Grant expense":{"value":215812,"Grants to domestic orgs":215812,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":567491,"Current officers":247532,"Disqualified persons":0,"Other salaries and wages":243933,"Pension plan contributions":0,"Other employee benefits":57519,"Payroll taxes":18507},"Other expenses":{"value":1454493,"Management services":0,"Legal":237141,"Accounting":34620,"Lobbying services":0,"Investment management fees":0,"Other services":77820,"Advertising":17497,"Office expenses":161878,"Information technology":8620,"Royalties":0,"Occupancy":234017,"Travel":0,"Conferences and meetings":1038,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":245729,"Insurance":31406,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":386637,"REPAIRS & MAINTENANCE":168602,"MEALS & ENTERTAINMENT":5425,"OTHER WATER ACCELERATOR":185501,"PIPELINE EXPENSES":27109},"All other expenses":18090},"Functional Expenses":{"value":null,"Program Service Expenses":912110,"Management And General Expenses":1325686,"Fundraising Expenses":0}},"Assets":{"value":24698653,"Non-interest bearing cash":241538,"Savings and temp cash investments":1656806,"Pledges and grants receivable":0,"Accounts receivable":147254,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":800982,"Prepaid expenses deferred charges":27325,"Land, building, equipment":9842880,"Investments publicly traded":0,"Investments other":9263415,"Investments program related":1102584,"Intangible assets":0,"Other assets":1615869},"Liabilities":{"value":345102,"Sum of Total Liabilities":0,"Accounts payable, accrued":329722,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":15380},"Fund balance":{"value":24353551,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":24353551,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.4075930066905116,"percentile":0.46499299138826905},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":-0.5322888442900604,"percentile":0.07057971389609959},"Liabilities to Assets Ratio":{"score":0.013972502872929954,"percentile":0.47996093295511716},"Operating Reserve Ratio":{"score":11.037044037973077,"percentile":0.9012670921227042},"Officer Compensation Ratio":{"score":0.11061419360835394,"percentile":0.5179461081967838},"Program Expense Growth":{"score":-0.15396804271613945,"percentile":0.107514046688906},"Revenue Growth":{"score":0.26597013199947556,"percentile":0.9336556872053173},"Asset Growth":{"score":0.1516253890928737,"percentile":0.7846822960575324},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.5177840366748262,"percentile":0.3674904502315123}},"source_xml":"201701959349301195_public.xml"},{"Organization":{"value":null,"Person":["JAMES R DUBLIN","STEPHEN M DUFILHO","JOHN F LEFLORE","JAMES M SUMMERS","MAULI AGRAWAL","J DAN BATES","BRUCE B BARSHOP","JOHN W FEIK","EDWARD A CROSS II","ROBERT M CAVENDAR","T PATRICK DUNCAN","F NELSON FINCH II","DONALD B FROST","STEPHEN C HALL","WILLIAM E GREEHEY","WILLIAM E HENRICH","J RANDOLPH HARIG","GEORGE KARUTZ SR","JACK P KELLY","JOHN C KERR","H DRAKE LEDDY","MILTON B LEE","STEVEN Q LEE","BRUCE LESLIE","TERRELL MCCOMBS","JOE C MCKINNEY","NICHOLAS MUSI","ELAINE MENDOZA","ROBERT B PRICE","PHILLIP J PFEIFFER","DAVID SPENCER","RICARDO ROMO","KENNETH P TREVETT","DAVID WEISS","JOHN YORK DUNCAN","C DENISE BREEDLOVE"],"Title":["CHAIRMAN","VICE CHAIRMAN","TREASURER","SECRETARY","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","TRUSTEE","PRESIDENT","CFO"],"Hours":[3.0,3.0,3.0,0.5,0.25,0.0,0.25,0.0,3.0,0.25,0.25,0.25,0.0,0.0,0.0,0.0,0.5,0.25,0.0,0.25,0.25,0.0,0.25,0.0,0.25,0.0,0.0,0.0,0.25,0.0,0.0,0.0,0.25,0.0,40.0,40.0],"Total Compensation":[0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,219524,111316,0],"Direct compensation":[0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,206664,102761,0],"Other compensation":[0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,12860,8555,0]},"Basic":{"value":null,"mission":"The organization's primary mission is to build a world-class center of bioscience research, medical education and job creation. the goal is to provide health care benefits for mankind. to this end, a business accelerator and pre-seed fund have been established to support and continue the growth of bio-medical education and related industry in san antonio and bexar county.","year":2013,"name":"Texas Research And Technology Foundation","phone":2106744177,"website":"WWW.TRTF-T3DC.ORG","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"JOHN YORK DUNCAN","year_formation":1984,"state_legal_domicile":"TX","total_volunteers":34,"tax_period_begin":"2013-01-01T00:00:00","tax_period_end":"2013-12-31T00:00:00","address":"14785 OMICRON DRIVE Suite 100, SAN ANTONIO, TX, 78245, USA","city":"SAN ANTONIO","state":"TX","country":"USA","zip_code":78245},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":34,"Number of independent voting members":34,"Number of employees total":6,"Total Gross UBI":0,"Net unrelated business taxable income":null,"Number of employees":6,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":true,"Premiums Paid":true,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":1395441,"Contributions":{"value":103078,"Other contributions":103078,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":911833,"Total revenue":911833,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":366942,"Investment income total":28424,"Net investment gain":338518,"Income from invest bond proceeds":0},"Other revenues":{"value":13588,"Other total":13588,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":2206980,"Grant expense":{"value":7142,"Grants to domestic orgs":7142,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":575488,"Current officers":330840,"Disqualified persons":0,"Other salaries and wages":102966,"Pension plan contributions":0,"Other employee benefits":111270,"Payroll taxes":30412},"Other expenses":{"value":1624350,"Management services":0,"Legal":32363,"Accounting":23963,"Lobbying services":0,"Investment management fees":0,"Other services":149216,"Advertising":1762,"Office expenses":142406,"Information technology":14775,"Royalties":0,"Occupancy":592206,"Travel":11392,"Conferences and meetings":8393,"Interest":1465,"Payments to affiliates":0,"Depreciation and depletion":460338,"Insurance":21556,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":164515,"REPAIRS & MAINTENANCE":129881,"MEALS & ENTERTAINMENT":8117,"MISCELLANEOUS EXPENSES":26517},"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":1651716,"Management And General Expenses":555264,"Fundraising Expenses":0}},"Assets":{"value":16947075,"Non-interest bearing cash":561196,"Savings and temp cash investments":255308,"Pledges and grants receivable":22189,"Accounts receivable":107259,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":27600,"Inventories for sale or use":0,"Prepaid expenses deferred charges":70151,"Land, building, equipment":14603897,"Investments publicly traded":617609,"Investments other":0,"Investments program related":640903,"Intangible assets":15537,"Other assets":25426},"Liabilities":{"value":1057256,"Sum of Total Liabilities":0,"Accounts payable, accrued":593990,"Grants payable":250000,"Deferred, revenue":137495,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":24207,"Unsecured notes loans payable":0,"Other liabilities":51564},"Fund balance":{"value":15889819,"Net assets without donor restriction":0,"Net assets with donor restriction":0,"Unrestricted net assets":15664819,"Temporarily restricted net assets":225000,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.748405513416524,"percentile":0.5716409012913568},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":-0.5815645376622874,"percentile":0.06544365343646895},"Liabilities to Assets Ratio":{"score":0.062385750933420664,"percentile":0.36940930759234586},"Operating Reserve Ratio":{"score":7.678853002745834,"percentile":0.8642146662088626},"Officer Compensation Ratio":{"score":0.14990620667156024,"percentile":0.4124012782124171},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":null,"percentile":null},"Asset Growth":{"score":null,"percentile":null},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.5291966908998945,"percentile":0.39827609205134884}},"source_xml":"201433219349310368_public.xml"}],"Latest":{"Organization":{"value":null,"Person":["Rene I Dominguez","Chris Claus","Larry Mills","Cathy Starnes","Darryl Byrd thru September","Matt Duke","Michelle Lugalia-Hollon","Rick A Hernandez","Jessica L Harris","Preston Woolfolk","Juan Sebastian Garzon"],"Title":["President and CEO","Board of Directors","Board of Directors","Board of Directors","Board of Directors","Board of Directors","Board of Directors","CFO","COO","Chairman","Executive Director"],"Hours":[40.0,1.0,1.0,1.0,1.0,1.0,1.0,40.0,40.0,1.0,40.0],"Total Compensation":[359357,0,0,0,0,0,0,265574,243593,0,139921],"Direct compensation":[339771,0,0,0,0,0,0,252012,241935,0,133194],"Other compensation":[19586,0,0,0,0,0,0,13562,1658,0,6727]},"Basic":{"value":null,"mission":"The organization's primary mission is to build a world-class center of bio-science research, medical education and job creation.","year":2024,"name":"Texas Research and Technology Foundation","phone":2105912456,"website":"velocitytx.org","type":"990","affiliation":null,"foreign_countries":null,"principal_officer":"Rene I Dominguez","year_formation":1984,"state_legal_domicile":"TX","total_volunteers":7,"tax_period_begin":"2024-01-01T00:00:00","tax_period_end":"2024-12-31T00:00:00","address":"1305 East Houston Street, San Antonio, TX, 78205, USA","city":"San Antonio","state":"TX","country":"USA","zip_code":78205},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":7,"Number of independent voting members":6,"Number of employees total":0,"Total Gross UBI":0,"Net unrelated business taxable income":0,"Number of employees":0,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":true,"Premiums Paid":true,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":2532193,"Contributions":{"value":2455939,"Other contributions":127657,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":2328282,"Related organizations":0},"Program revenue":{"value":868194,"Total revenue":{"value":868194,"Program Related Lease Revenue":544063,"Program Fees":324131},"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":181082,"Investment income total":218377,"Net investment gain":-37295,"Income from invest bond proceeds":0},"Other revenues":{"value":-973022,"Other total":-973022,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":4659827,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":1604763,"Current officers":868884,"Disqualified persons":0,"Other salaries and wages":429055,"Pension plan contributions":83757,"Other employee benefits":126252,"Payroll taxes":96815},"Other expenses":{"value":3055064,"Management services":0,"Legal":159038,"Accounting":131692,"Lobbying services":0,"Investment management fees":734,"Other services":260245,"Advertising":94853,"Office expenses":44093,"Information technology":86695,"Royalties":0,"Occupancy":931104,"Travel":19547,"Conferences and meetings":394449,"Interest":431665,"Payments to affiliates":0,"Depreciation and depletion":155882,"Insurance":95671,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":197870,"Bad Debt Expense":196504,"Telephone":1366},"All other expenses":51526},"Functional Expenses":{"value":null,"Program Service Expenses":3216964,"Management And General Expenses":1442863,"Fundraising Expenses":0}},"Assets":{"value":74186483,"Non-interest bearing cash":316467,"Savings and temp cash investments":955312,"Pledges and grants receivable":0,"Accounts receivable":44764717,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":269489,"Land, building, equipment":6608778,"Investments publicly traded":3001760,"Investments other":14403751,"Investments program related":1523615,"Intangible assets":0,"Other assets":2342594},"Liabilities":{"value":30919564,"Sum of Total Liabilities":0,"Accounts payable, accrued":21814074,"Grants payable":0,"Deferred, revenue":103792,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":5645587,"Unsecured notes loans payable":0,"Other liabilities":3356111},"Fund balance":{"value":43266919,"Net assets without donor restriction":43266919,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.6903612516086971,"percentile":0.5314106643680568},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":-0.8402337420567864,"percentile":0.04804614281879862},"Liabilities to Assets Ratio":{"score":0.41678163931831086,"percentile":0.15933012472285177},"Operating Reserve Ratio":{"score":15.920437175028171,"percentile":0.9305046482005085},"Officer Compensation Ratio":{"score":0.21641254063723825,"percentile":0.28763588821160146},"Program Expense Growth":{"score":0.08265666782354614,"percentile":0.6346125667415881},"Revenue Growth":{"score":0.10011164916721617,"percentile":0.7641460967996705},"Asset Growth":{"score":0.14320236342993975,"percentile":0.7711032803104833},"Independent Voting Board Pct":{"score":0.8571428571428571,"percentile":0.21680981203217933},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.4858421287194347,"percentile":0.2879143457611147}},"source_xml":"202523219349323242_public.xml"},"sector":"Health","donation_categories":[],"zakat_policy":null},"error":null}