Civic Intelligence

Baylor Medical Foundation

990EZ • Fiscal year 2023 • EIN 74-1490000

Jul 01, 2022 to Jun 30, 2023 • Filed on May 13, 2024

One Baylor Plaza Bcm 200Houston, TX 77030

(713) 798-4951

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

73rd percentile

0.03x

Higher debt load relative to assets than 73% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

94th percentile

0.78x

Higher debt load relative to revenue than 94% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

6th percentile

-94%

Higher net margin than 6% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

46th percentile

-0.3%

Faster asset growth than 46% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

3rd percentile

-91%

Faster revenue growth than 3% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$117,039

Down $359 (-0.3%) from 2022

Net Assets

Down

$113,279

Down $1,940 (-1.7%) from 2022

Liabilities

Up

$3,760

Up $1,581 (+73%) from 2022

Revenue

Down

$4,807

Down $48,910 (-91%) from 2022

Expenses

Down

$9,331

Down $42,219 (-82%) from 2022

Net Income

Down

-$4,524

Down $6,691 (-309%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60M$40M$20M$0Assets 2011: $30,661,701Liabilities 2011: $137,017Net Assets 2011: $30,524,6842011Assets 2012: $31,839,378Liabilities 2012: $281,501Net Assets 2012: $31,557,8772012Assets 2013: $34,568,457Liabilities 2013: $209,469Net Assets 2013: $34,358,9882013Assets 2014: $40,643,136Liabilities 2014: $414,592Net Assets 2014: $40,228,5442014Assets 2015: $40,050,898Liabilities 2015: $216,020Net Assets 2015: $39,834,8782015Assets 2016: $39,355,757Liabilities 2016: $179,065Net Assets 2016: $39,176,6922016Assets 2017: $44,617,451Liabilities 2017: $206,875Net Assets 2017: $44,410,5762017Assets 2018: $149,493Liabilities 2018: $82,790Net Assets 2018: $66,7032018Assets 2019: $117,978Liabilities 2019: $46,534Net Assets 2019: $71,4442019Assets 2020: $117,511Liabilities 2020: $5,514Net Assets 2020: $111,9972020Assets 2021: $232,987Liabilities 2021: $119,935Net Assets 2021: $113,0522021Assets 2022: $117,398Liabilities 2022: $2,179Net Assets 2022: $115,2192022Assets 2023: $117,039Liabilities 2023: $3,760Net Assets 2023: $113,2792023Assets 2024: $117,039Liabilities 2024: $2,320Net Assets 2024: $114,7192024Assets 2025: $216,603Liabilities 2025: $8,926Net Assets 2025: $207,6772025

Highlighted filing

2023

Assets$117,039
Liabilities$3,760
Net Assets$113,279

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100M$50M$0-$50MRevenue 2011: $848,633Expenses 2011: $750,248Net Income 2011: $98,3852011Revenue 2012: $923,815Expenses 2012: $812,685Net Income 2012: $111,1302012Revenue 2013: $908,010Expenses 2013: $901,644Net Income 2013: $6,3662013Revenue 2014: $1,874,862Expenses 2014: $917,346Net Income 2014: $957,5162014Revenue 2015: $2,230,158Expenses 2015: $910,210Net Income 2015: $1,319,9482015Revenue 2016: $1,645,112Expenses 2016: $847,089Net Income 2016: $798,0232016Revenue 2017: $1,882,158Expenses 2017: $870,794Net Income 2017: $1,011,3642017Revenue 2018: $5,951,428Expenses 2018: $50,229,628Net Income 2018: -$44,278,2002018Revenue 2019: $8,467Expenses 2019: $3,726Net Income 2019: $4,7412019Revenue 2020: $1,034,412Expenses 2020: $993,859Net Income 2020: $40,5532020Revenue 2021: $116,412Expenses 2021: $115,357Net Income 2021: $1,0552021Revenue 2022: $53,717Expenses 2022: $51,550Net Income 2022: $2,1672022Revenue 2023: $4,807Expenses 2023: $9,331Net Income 2023: -$4,5242023Revenue 2024: $1,440Expenses 2024: $1,876Net Income 2024: -$4362024Revenue 2025: $92,958Expenses 2025: $1,948Net Income 2025: $91,0102025

Highlighted filing

2023

Revenue$4,807
Expenses$9,331
Net Income-$4,524
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 13, 2024
Return Version
2022v5.0
Gross Receipts
$4,807
Mission and Program Overview

Mission

To aid and support baylor college of medicine, to encourage and enable medical investigation and medical research by the faculty.

Program Services

DescriptionGrantsExpenses
TO AID AND SUPPORT BAYLOR COLLEGE OF MEDICINE, TO ENCOURAGE AND ENABLE MEDICAL INVESTIGATION AND MEDICAL RESEARCH BY THE FACULTY.$5,084$5,084
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CHUCK WATSONDirector-$0--
STEPHANIE YOUNGPresident-$0--
PAUL KLOTMANPresident & CEO, Ex-Officio-$0--
DAVID BALDWINDirector-$0--
NORBERT BISCHOFBERGERDirector-$0--
MELANIE GRAYDirector/Co-Chair-$0--
FRED LUMMISDirector/Co-Chair-$0--
TOM POWERSDirector (Until 2/2023)-$0--
MARC J SHAPIRODirector-$0--
CHRISTOPHER SAROFIMDirector-$0--
Filing and Contact Details

Filer

Filer Name
Baylor Medical Foundation
EIN
74-1490000
Phone
7137984951
Address
ONE BAYLOR PLAZA BCM 200, HOUSTON, TX 77030

Signing Officer

Name
Stephanie Young
Title
President
Phone
7137984951
Signed
2024-05-13
Discuss with paid preparer
Yes

Preparer

Firm
Ernst & Young US Llp
Address
2323 VICTORY AVENUE, DALLAS, TX 75219
Preparer
Patrick Shields
Phone
2149698000
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8 Other Revenue

Royalties - 2139; gross rents - 168;

Form 990-EZ, Part I, Line 10 Grants Paid

Activity:medical research;grantee name:baylor college of medicine;grantee address:one baylor plaza bcm 200 , houston, tx, 77030-3498, us;amount:5084;relationship:501(c)(3);

Form 990-EZ, Part I, Line 16 Other Expenses

Property/franchise taxes - 4247;

Form 990-EZ, Part I, Line 20 Net Assets Change

Misc - 2584;

Form 990-EZ, Part II, Line 26B Total Liabilities

Accounts payable - boy:2179,eoy:3760;

Form 990-EZ, Part III, Exempt Purpose PRIMARY EXEMPT PURPOSE

To aid and support baylor college of medicine, to encourage and enable medical investigation and medical research by the faculty.

Raw XML Appendix197 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ROYALTIES - 2139; GROSS RENTS - 168;
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY:MEDICAL RESEARCH;GRANTEE NAME:BAYLOR COLLEGE OF MEDICINE;GRANTEE ADDRESS:ONE BAYLOR PLAZA BCM 200 , HOUSTON, TX, 77030-3498, US;AMOUNT:5084;RELATIONSHIP:501(C)(3);
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16 Other Expenses
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part II, Line 26b Total Liabilities
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part III, Exempt Purpose PRIMARY EXEMPT PURPOSE
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ReturnHeader/PreparerPersonGrp/PreparationDt02024-05-08
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ReturnHeader/ReturnTs02024-05-13T08:22:43+00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0STEPHANIE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0YOUNG
ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.22$0.01$0.21$0.09$0.00$0.09
2024Detailed filing. Detailed filing data is available for this year.$0.12$0.00$0.11$0.00$0.00$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.12$0.00$0.11$0.00$0.01$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.12$0.00$0.12$0.05$0.05$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.23$0.12$0.11$0.12$0.12$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.12$0.01$0.11$1.03$0.99$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.12$0.05$0.07$0.01$0.00$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.15$0.08$0.07$5.95$50.2$44.3
2017Detailed filing. Detailed filing data is available for this year.$44.6$0.21$44.4$1.88$0.87$1.01
2016Detailed filing. Detailed filing data is available for this year.$39.4$0.18$39.2$1.65$0.85$0.80
2015Detailed filing. Detailed filing data is available for this year.$40.1$0.22$39.8$2.23$0.91$1.32
2014Summary only. Only limited summary data is available for this year.$40.6$0.41$40.2$1.87$0.92$0.96
2013Summary only. Only limited summary data is available for this year.$34.6$0.21$34.4$0.91$0.90$0.01
2012Summary only. Only limited summary data is available for this year.$31.8$0.28$31.6$0.92$0.81$0.11
2011Summary only. Only limited summary data is available for this year.$30.7$0.14$30.5$0.85$0.75$0.10