Texas Biomedical Research Institute

Nonprofit profile at a glance

EIN
741109630
IRS 990 coverage
2011–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024, Form 990-T 2024
Location
San Antonio, TX, US
Phone
(210) 258-9400
Rating
73
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Diseases of Specific Organ Research

Official website

Reported finances

Revenue
$75,183,345
Expenses
$94,648,073
Assets
$366,564,882
Liabilities
$224,671,517

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

44 people listed

Executive titles in this filing

  • DR LARRY SCHLESINGER (PRESIDENT, CEO)

Highest reported compensation

  • DR LARRY SCHLESINGER (PRESIDENT, CEO): $861,721 total reported compensation
  • MR BRUCE EDWARDS (EXECUTIVE VP, CFO): $539,502 total reported compensation
  • DR CORY HALLAM (EXECUTIVE VP, ASI): $396,196 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To advance global health through innovative biomedical research, with a focus on infectious diseases, and to develop vaccines, therapeutics, and diagnostics for emerging health threats.

What it reported doing in 2024

The southwest national primate research center provides animals that serve as resources to the research of Texas biomed and other national institutes. It also carries out research itself in the development of animals as a research tool in human diseases.

Operating model

Revenue model
Grant-funded. 83% of the money available for current operations came from government grants.
Distribution model
Direct operator. The filing allocates 99% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of total spending goes to programs and the filing reports few safeguards for money sent abroad.

Rating breakdown

  • Financial Efficiency: 67
  • Transparency & Controls: 74
  • Accountability: 98
  • Sustainability: 30
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 70.7%; rating input score 71
  • Program expense ratio: 54.7%; rating input score 55
  • Fundraising efficiency: $72.62 raised per $1 spent on fundraising; rating input score 80; 80th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Scored; rating input score 0
  • Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 96.8%; rating input score 97; 52nd percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -25.9%; rating input score 3; 3rd percentile among comparable filings
  • Total-asset coverage ratio: 3.87; rating input score 81; 81st percentile among comparable filings
  • Liabilities to assets ratio: 0.61; rating input score 27; 27th percentile among comparable filings
  • Officer compensation ratio: 5.4%; rating input score 14; 14th percentile among comparable filings

Growth

  • Program expense growth: -1.1% per year; rating input score 0; 5th percentile among comparable filings
  • Revenue growth: 2.3% per year; rating input score 100; 16th percentile among comparable filings
  • Asset growth: 3.1% per year; rating input score 100; 21st percentile among comparable filings

Details

  • What they do: 5 programs and campaigns described on the official site · 2 operating locations identified
  • Where the money goes: 70.7% of revenue deployed · 54.7% of spending went to programs
  • Governance: 30 of 31 board members independent · 9 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $51.8M in reported program spending
  • Leadership: top reported pay $862K · 44 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $14.7M reported
  • Consistency: 38 of 38 current checks pass
  • Schedules: 11 filed schedules · includes major donors, foreign activity, grants, executive pay, and related organizations
  • Filing history: 13 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 14 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Review — Financial Efficiency: Program expense ratio scored 55/100.
  • High — Transparency & Controls: Foreign activity oversight scored 0/100.
  • High — Sustainability: Operating margin scored 3/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 14/100.
  • High — Sustainability: Liabilities to assets ratio scored 27/100.
  • High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.