Qualtex Laboratories is a 501(c)(3) organization based in San Antonio, Texas, registered in 2007, with $128,419,177 in FY2024 revenue. CharityIndex grades it A, and it directs about 87% of spending to programs.
Revenue (FY2024)
$128.4M
▼ 0.8% vs prior year
Health median: $840K
Expenses (FY2024)
$108.8M
Net assets
$95.9M
Employees
169
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Qualtex Laboratories: 87% to programs earns a A on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Qualtex Laboratories: 11 mo reserves · +15% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Qualtex Laboratories: 4 of 6 checks met earns a B on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Qualtex Laboratories: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Qualtex is dedicated to supporting global public safety with the timely delivery of high-quality testing services for patients, donors, and regulated biological products.
Revenue grew from $125.1M (FY2013) to $128.4M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
15.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$118.0M
Total liabilities
$22.1M
Net assets
$95.9M
Salaries & benefits
$14.4M
13% of expenses
Board members
1
0 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $128,419,177▼0.8% | $108,756,434▼2.6% | $95,865,032▲25.7% | $117,981,131▲27.5% | 990 |
| 2023 | $129,431,734▲1.8% | $111,646,134▼6.4% | $76,250,515▲28.9% | $92,500,826▲10.4% | 990 |
| 2022 | $127,110,342▲2.6% | $119,273,306▼2.8% | $59,170,126▲13.9% | $83,822,767▲12.1% | 990 |
| 2021 | $123,906,915▲15.1% | $122,688,808▲11.6% | $51,929,849▲3.2% | $74,789,123▼9.0% | 990 |
| 2020 | $107,676,474▼23.6% | $109,968,479▼20.9% | $50,318,024▼1.7% | $82,146,014▼7.1% | 990 |
| 2019 | $140,908,903▲8.3% | $138,991,509▲7.9% | $51,213,200▲8.8% | $88,378,942▲23.2% | 990 |
| 2018 | $130,131,643▲5.9% | $128,827,119▲4.8% | $47,068,376▲0.9% | $71,723,215▲3.7% | 990 |
| 2017 | $122,886,469▲10.0% | $122,893,881▲7.6% | $46,647,097▲3.6% | $69,178,656▲19.3% | 990 |
| 2016 | $111,702,198▼8.7% | $114,254,115▼7.2% | $45,032,578▼4.0% | $58,001,177▼8.2% | 990 |
| 2015 | $122,296,019▼16.2% | $123,143,019▼7.1% | $46,923,382▼3.1% | $63,183,783▼4.4% | 990 |
| 2014 | $145,891,120▲16.7% | $132,539,721▲14.7% | $48,423,929▲37.3% | $66,062,686▲23.4% | 990 |
| 2013 | $125,053,850 | $115,507,044▲9.7% | $35,256,265▲40.8% | $53,517,639▲18.0% | 990 |
| 2012 | — | $105,291,348▲10.3% | $25,045,947▲33.2% | $45,352,295▲12.8% | 990 |
| 2011 | — | $95,455,604▲20.5% | $18,804,586▲27.2% | $40,215,595▲7.4% | 990 |
| 2010 | — | $79,213,728 | $14,783,220 | $37,437,601 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: Mark Edward Fite — $436,886 (0.40% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Mark Edward Fite | Coo | 49 | $436,886 |
| Jose Raul Garcia | Vice President, Client Relationships | 50 | $269,484 |
| Delia Teresa Sanchez-watkins | Executive Director, Sales (eff. 11/03/2024) | 50 | $243,643 |
| Michael Lindenbaum | Manager, Inside Sales (thru 06/01/2024) | 50 | $232,533 |
| Falisha Atwell | Sr. Director, Laboratory Services | 50 | $207,271 |
| Veronica Orellana | Sr. Director, Qualtex Customer Operations | 50 | $187,339 |
| Geoffrey Kindt | Gen. Manager, Lab. Operations (eff. 11/03/2024) | 50 | $28,837 |
| Biobridge Global | Sole Member | 1 | — |
| Contractor | Services | Paid |
|---|---|---|
| Abbott Laboratories | Equip. & Software Maintenance | $2,742,888 |
| Starlims Corporation | Software Maintenance & Managed Services | $296,014 |
| Allied Universal Security Services | Security Faciliites | $207,326 |
| Calimex USA Corporation | Software Maintenance | $163,371 |
| Medsharps LLC | Waste Disposal | $158,548 |
1 grant to Qualtex Laboratories totaling $440K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| South Texas Blood & Tissue Center | Testing | 2022 | $439,561 |
1 grant totaling $20K in FY2024. All grants made by Qualtex Laboratories →
| Recipient | Purpose | Amount |
|---|---|---|
| Community Blood Center Inc | Capital support - equipment | $20,000 |
Explore more
Data for Qualtex Laboratories (EIN 20-8429619) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.