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Stowers Resource Management
Stowers Resource Management reported $198.3 million in revenue and $164.6 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $94.89 went to program services, $4.78 to management and general costs and $0.33 to fundraising. Its largest source of revenue was investment income: 79.2% of the total. The highest compensation it reported for one person was $3,206,337 (DIR/PRESIDENT/CEO DECEASED 3/27/25). 46 people received more than $100,000 in reportable compensation. Revenue rose 35% between 2019 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $165MFor context, the median across 314 covered diseases, disorders & medical disciplines charities: $88.73 programs, $10.89 management, $0.38 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $198M- Contributions & grants (non-government)$1.09 $2.2M
- Program service revenue$19.73 $39M
- Investment income$79.18 $157M
Other revenue was negative: −$104K. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 94.9% | 86.7% |
| Management & general Part IX 25(C) ÷ 25(A) | 4.8% | 10.6% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.3% | 0.4% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.25 | $0.03 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 1.1% | 24.7% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.6% |
| Program service revenue share Part VIII 2g ÷ 12 | 19.7% | 59.5% |
| Highest reported compensation Part VII-A, columns D–F | $3,206,337 | $391,657 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.95% | 1.45% |
| People paid over $100,000 Part VII, line 2 | 46 | 10 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 128.0 | 7.6 |
| Independent voting board members Part VI 1a–1b | 9 of 15 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseFinancial support - srm monitors the financial needs of simr so simr can conduct its medical research in the public interest and makes contributions to simr to support its medical research activities. The contributions are made as determined by srm's board of directors after review of financial information, budgets, strategies and other relevant information. Srm provided $93,068,857 to simr, a related 501(c)(3) organization, for institutional funds support and $14,000,000 to biomed valley corporation ("bvc"), a related 501(c)(3) corporation, for institutional funds support
Management, administrative and operation support services - srm provides management support to simr that involves assisting in planning for the strategic direction of simr, operational planning, and the development and implementation of strategic business plans and budgets. Srm also provides additional administrative and operational support services to simr and gssimr that includes accounting, finance, human resources, information technology, and other support activities, for which srm allocated costs to simr in the amount of $38,434,417 as reported on part viii statement of revenue line 2a…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| DIR/PRESIDENT/CEO DECEASED 3/27/25 Director/trustee, officer, 40.0 hrs/week | $3,103,954 | $0 | $102,383 | $3,206,337 |
| DIRECTOR Director/trustee, 2.0 hrs/week | $0 | $1,094,951 | $839,779 | $1,934,730 |
| DIRECTOR/EVP/GENERAL COUNSEL Director/trustee, officer, 40.0 hrs/week | $1,165,721 | $0 | $80,585 | $1,246,306 |
| DIRECTOR Director/trustee, 2.0 hrs/week | $0 | $780,244 | $241,908 | $1,022,152 |
| DIRECTOR Director/trustee, 2.0 hrs/week | $0 | $787,292 | $91,449 | $878,741 |
| EVP/CFO THRU 4/8/2025 Officer, 40.0 hrs/week | $753,782 | $0 | $79,650 | $833,432 |
| DIRECTOR /EVP/HR Director/trustee, officer, 40.0 hrs/week | $518,670 | $0 | $84,947 | $603,617 |
| CHIEF OF STAFF/VP OF COMM Officer, 40.0 hrs/week | $497,372 | $0 | $90,418 | $587,790 |
46 people received more than $100,000 in reportable compensation from Stowers Resource Management (Part VII, line 2). Compensation of current officers, directors and key employees totaled $8.4M (Part IX, line 5).
7 filings since 2019
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked| Filing | Revenue | Expenses | Programs | Net assets | Top pay |
|---|---|---|---|---|---|
| FY2025 ⓘ | $198M | $165M | 94.9% | $1.76B | $3,206,337 |
| FY2024 ⓘ | $157M | $172M | 95.0% | $1.70B | $3,047,243 |
| FY2023 (6 mo.) ⓘ | $21M | $69M | 94.4% | $1.46B | — |
| 2022 ⓘ | $146M | $90M | 92.5% | $1.51B | $2,880,761 |
| 2021 ⓘ | $214M | $185M | 96.6% | $2.09B | $2,846,069 |
| 2020 ⓘ | $142M | $138M | 95.1% | $1.50B | $2,645,033 |
| 2019 ⓘ | $147M | $136M | 94.2% | $1.14B | $2,605,328 |
Governance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b15 · 9 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2Yes
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5164
- Volunteers Part I, line 69
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| AMERICAN CENTURY INVESTMENTS Indirect - See Schedule O | $1,268,018 |
| BRYAN CAVE LEIGHTON PAISNER LLP Legal Services | $1,200,925 |
| MIDWEST CONTRACT SERVICES Cleaning & Maintenance | $897,091 |
| JOHNSON CONTROLS Building Tech, Software, and Services | $272,070 |
| FORVIS MAZARS LLP Audit & tax services | $247,305 |
Individuals listed as contractors are left out. 20 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from Stowers Resource Management's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Stowers Resource Management, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Stowers Resource Management spent in FY2025, $94.89 went to programs. The full breakdown, from its IRS Form 990:
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Questions people ask
How much of Stowers Resource Management's spending goes to programs?
In the fiscal year ending June 30, 2025, Stowers Resource Management reported that 94.9% of its $164.6 million in expenses went to program services, 4.8% to management and general and 0.3% to fundraising (Form 990, Part IX).
How much does Stowers Resource Management pay its top executive?
The largest total compensation Stowers Resource Management reported for one person in the fiscal year ending June 30, 2025 was $3,206,337, for the role of DIR/PRESIDENT/CEO DECEASED 3/27/25 (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Stowers Resource Management get its money?
Of $198.3 million in revenue in the fiscal year ending June 30, 2025, 1.1% came from contributions and grants and 19.7% from program service revenue (Form 990, Part VIII).
Is Stowers Resource Management a registered charity?
The IRS lists EIN 41-2186719 as a 501(c)(3) organization (supporting organization (509(a)(3))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202631329349302888 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501349349302275 · read the filing
- FY2023 (6 mo.): Form 990 for the 6-month short period ending June 30, 2023, object 202411179349300601 · read the filing
- 2022: Form 990 for calendar year 2022, object 202343079349300519 · read the filing
- 2021: Form 990 for calendar year 2021, object 202202699349300330 · read the filing
- 2020: Form 990 for calendar year 2020, object 202102569349301120 · read the filing
- 2019: Form 990 for calendar year 2019, object 202042309349302964 · read the filing
All filings for EIN 41-2186719: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.