Qualtex Laboratories EIN 20-8429619 Form 990 (PDF) Claim this org

Qualtex Laboratories FY2022 filing

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Provides timely, high-quality testing services for public safety. For fiscal year 2022 it reported $127.1M in revenue, $119.3M in expenses, and $59.2M in net assets.Pt I

Founded
2007
Type
Public charity (501(c)(3)) · Health Care
Location
San Antonio, TX
Website
www.qualtexlabs.org
Filings
5 on file (2020–2022)
Revenue
$127.1MFY2022
Expenses
$119.3M
Net assets
$59.2M
People
8
Filings
5
Updates
0
More identity details & actions ⌄
EIN  20-8429619 Public charity (501(c)(3)) San Antonio, TX Founded 2007
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →
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Figures match the IRS filing checked 7/6/26 · see original: IRS
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Size
$100M+
What they do
Provides timely, high-quality testing services for public safety.
Leadership
Mark Edward Fite · COO · $353K
Money in and out
$127.1M revenue, $119.3M expenses
Where the money goes · FY2022
Total revenue
$127.1M
Pt VIII · Ln 12
Total expenses
$119.3M
Pt IX · Ln 25
Net assets
$59.2M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $7.8M
Where spending went · Part IX cols B–D
Program services $0.90 Management & general $0.10

Summary of the Filing

Part I · fiscal year 2022 · Form 990-T
Revenue
$127.1M
FY2022▲ +3%
Expenses
$119.3M
FY2022▼ -3%
Total assets
$83.8M
FY2022▲ +12%
Total liabilities
$24.7M
FY2022▲ +8%
Total revenue
$127.1M
Pt VIII · Ln 12
Total expenses
$119.3M
Pt IX · Ln 25
Net assets
$59.2M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$7.8M
Total assetsPt X · Ln 16$83.8M
Program-expense ratioPt IX · col B90%
Voting members of governing bodyPt I · Ln 31
Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CQualtex Laboratories
EINHdr · item D20-8429619
Principal addressHdr · item CSan Antonio, TX
WebsiteHdr · item Jwww.qualtexlabs.org
Year of formationHdr · item L2007
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHealth Care (E61)
Ruling yearIRS BMFMay 2007

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a1
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$352,904Pt VII · Sec A
Vice President, Sales
$222,283Pt VII · Sec A
Manager Inside Sales
$205,176Pt VII · Sec A
Director, Laboratory Services
$172,536Pt VII · Sec A
Director Clinical Laboratory
$165,763Pt VII · Sec A
Corporate Account Executive
$159,153Pt VII · Sec A
Director, Customer Ops
$149,260Pt VII · Sec A
Sole Member
$0Pt VII · Sec A

Mark Edward Fite’s $402K as COO is at the 13th percentile of top reported officer pay among 1754 $100M+ health care nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2023FY2022FY2021FY2020
Mark Edward Fite$401,925$352,904$134,020
Edward Carter III$177,863$306,884
Jose Raul Garcia$261,603$222,283$203,959$189,231
Michael Lindenbaum$215,861
Michael Alan Lindenbaum$205,176$205,176$202,681
Delia Teresa Sanchez-Watkins$202,089$172,536$141,305
Jack Alan Hager Thru 102020$200,841
Amy Sue Ryall$171,848$149,260$127,857

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

1 program service account for $106.8M of program spending, described in the organization's own filed words · FY2022.
01

Qualtex laboratories, a subsidiary of biobridge global, is focused on supporting global public safety at its texas and georgia locations by providing advanced biologic testing services for whole blood and plasma as well as for other human cells, tissue and cellular- and tissue-based products.

$106.8Mprogram expense

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Statement of Revenue

Part VIII
Program service revenue$124.3M · 98%
Other revenue$2.4M · 2%
Program service revenue98%$124.3M
Other revenue2%$2.4M
Contributions & grants$440K
Investment income$912
Total revenueLn 12$127.1M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.90 Management & general $0.10
Program services90%$106.8M
Management & general10%$12.5M
Total functional expensesLn 25$119.3M

Balance Sheet

Part X · end of year
CashLn 1$2.4M
Total assetsLn 16$83.8M
Total liabilitiesLn 26$24.7M
Total net assetsLn 32$59.2M
Months of cash on handcomputed0.2

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$20K
Grants paid · 3 grants · $60K · 2021–2023
Community Blood Center INCWI · FY2023$20,000
Community Blood Center INCWI · FY2022$20,000
Community Blood Center INCWI · FY2021$20,000

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$128.4M revenue · ⤓ 990 PDF
FY2023$129.4M revenue · ⤓ 990 PDF
FY2022$127.1M revenue · viewing · ⤓ 990 PDF
FY2021$123.9M revenue · ⤓ 990 PDF
FY2020$107.7M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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