POSITUDES INC DBA THE ALLIANCE PHARMACY

EIN: 113550195 501(c)(3) Diseases & Disorders

WESTBURY, NY

Total Revenue
$7,010,357
Total Expenses
$3,666,600
Total Assets
$39,487,369
Net Assets
$17,755,932
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
NY
Principal Officer
VINCENT FUSARO
Phone
5168760100
Tax Period
2024-01-01 to 2024-12-31

POSITUDES INC DBA THE ALLIANCE PHARMACY, founded in 2000, is a community nonprofit in the Diseases & Disorders sector that reported $7.0M in total revenue in fiscal year 2024. The organization ran a surplus of $3.3M, a strong 48% operating margin.

Mission

CHRONIC ILLNESS ASSISTANCE DEDICATED TO GENERATING FUNDS FOR CHARITABLE ORGS THAT ASSIST INDIVIDUALS IN MANAGING THEIR CARE OF CHRONIC DISEASES AND THAT DO RESEARCH TO FIND CURES FOR CHRONIC DISEASES; ASSIST INDIVDUALS AND THEIR FAMILIES WITH MANAGING THEIR MEDICAL CARE. PROVIDE MEDICATION TO CHRONICALLY ILL INDIVIDUALS AT LITTLE OR NO COST.

Program Service Accomplishments

Program 1
Expenses: $2,674,386 Revenue: $6,980,500

THE ALLIANNCE PHARMACY IS DEDICATED TO GENERATING FUNDS FOR OTHER CHARITABLE ORGANIZATIONS THAT ASSIST INDIVIDUALS IN MANAGING THEIR CARE OF CHRONIC DISEASES AND CONDUCT RESEARCH TO FIND CURES FOR...

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THE ALLIANNCE PHARMACY IS DEDICATED TO GENERATING FUNDS FOR OTHER CHARITABLE ORGANIZATIONS THAT ASSIST INDIVIDUALS IN MANAGING THEIR CARE OF CHRONIC DISEASES AND CONDUCT RESEARCH TO FIND CURES FOR CHRONIC DISEASES; ASSISTS INDIVIDUALS AND FAMILIES WITH MANAGING THEIR MEDICAL CARE; TO PROVIDE MEDICATION TO CHRONICALLY ILL INDIVIDUALS AT NO OR REDUCED COST TO THEM IN ACCORDANCE WITH ALL FEDERAL AND STATE LAWS; AND TO ENGAGE IN ACTIVITIES TO RAISE OR SOLICIT FUNDS, GRANTS/OR GIFTS IN FURTHERANCE OF THE CORPORATION'S FUNDRISING ACTIVITIES IN SUPPORT OF CHARITABLE PURPOSES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $10,000
Program Service Revenue $4,171,723
Investment Income $19,857
Other Revenue $2,808,777
TOTAL REVENUE $7,010,357

Expense Breakdown

Grants Paid $518,927
Salaries & Benefits $1,308,592
Fundraising Expenses $0
Program Expenses $2,674,386
Other Expenses $1,839,081
TOTAL EXPENSES $3,666,600

Year-over-Year Comparison

2024 2023 Change
Revenue $7,010,357 $6,717,260 +0.0%
Expenses $3,666,600 $3,545,381 +0.0%
Net Income $3,343,757 $3,171,879 +0.1%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
9
Independent Members
8
Employees
8
Volunteers
8

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$576,328
Total Directors
12
$576,328
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOE PUGLIESE DIRECTOR 2.00
Director
$0 $0 $0
JEFF AMOND DIRECTOR 2.00
Director
$0 $0 $0
JEFF BLAKE SECRETARY 2.00
Officer Director
$0 $0 $0
ALISON BARTKO DIRECTOR 2.00
Director
$0 $0 $0
GLADYS LEE TREASURER 2.00
Officer Director
$0 $0 $0
MARK PLENCNER CHAIRMAN 2.00
Officer Director
$0 $0 $0
JOHN MYERS DIRECTOR 2.00
Director
$0 $0 $0
JOSEPH BAILEY VICE CHAIRMAN 2.00
Officer Director
$0 $0 $0
CAROL MADEIROS DIRECTOR 2.00
Director
$0 $0 $0
STEVEN TRAN DIRECTOR 2.00
Director
$0 $0 $0
MARYANN FUSARO VICE PRESIDENT 40.00
Officer Director
$124,420 $46,973 $171,393
VINCENT FUSARO PRESIDENT 40.00
Officer Director
$344,742 $60,193 $404,935
AYOUNG SHIN SENIOR CLINICAL STAFF PHAR 40.00
Highest
$189,930 $11,396 $201,326
MICHAEL FUSARO DIRECTOR OF REGULATORY COM 40.00
Highest
$202,090 $106,847 $308,937
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $7,010,357 $3,666,600 $39,487,369 $3,343,757
2023 $6,717,260 $3,545,381 $43,913,331 $3,171,879
2022 $6,401,977 $3,223,101 $47,379,458 $3,178,876
2021 $5,043,435 $2,242,119 $32,648,999 $2,801,316
2020 $3,091,974 $1,714,585 $23,285,425 $1,377,389
2019 $3,109,595 $1,785,449 $19,734,419 $1,324,146
2018 $1,868,186 $1,301,505 $14,744,215 $566,681
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