NEW JERSEY PHARMACISTS ASSOCIATION (EIN 210524332) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1870

Legal Domicile

Principal Officer

BRIAN OLIVEIRA

Phone

6095968040

Tax Period

2025-01-01 to 2025-12-31

NEW JERSEY PHARMACISTS ASSOCIATION, founded in 1870, is a small nonprofit that reported $325K in total revenue in fiscal year 2025. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $427K exceeded revenue, resulting in a 31% operating deficit.

Mission

PROMOTION OF PHARMACY AND CONTINUING EDUCATION OF PHARMACISTS IN NEW JERSEY

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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%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $282,145

Investment Income $3,675

Other Revenue $39,391

TOTAL REVENUE $325,211

Expense Breakdown

Grants Paid $0

Salaries & Benefits $208,798

Fundraising Expenses $0

Other Expenses $217,729

TOTAL EXPENSES $426,527

Year-over-Year Comparison

	2025	2024	Change
Revenue	$325,211	$295,152	+0.1%
Expenses	$426,527	$627,518	-0.3%
Net Income	$-101,316	$-332,366	-0.7%

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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$159,990

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN OLIVEIRA	INTERIM CEO	40.00	Officer	$40,865	$0	$40,865
ELISE BARRY RESIGNED	EXECUTIVE DI	40.00	Officer	$102,211	$16,914	$119,125
BRIAN PINTO RPH	PRESIDENT	4.00	Officer Director	$0	$0	$0
SVET MILIC RPH	PRESIDENT-EL	4.00	Officer Director	$0	$0	$0
ANTHONY MINNITI RPH FACA	PAST PRESIDE	4.00	Officer Director	$0	$0	$0
LUCIO VOLINO PHARMD EAPHA RUCIF	VICE PRESIDE	4.00	Officer Director	$0	$0	$0
MARK TAYLOR RPH MBA FACVP	TREASURER	4.00	Officer Director	$0	$0	$0
ALAN ARONOVITZ RPH	BOARD OF TRU	1.00	Director	$0	$0	$0
AZUKA OBIAWU PHARMD	BOARD OF TRU	1.00	Director	$0	$0	$0
ADEDOLAPO ADEMODI-GBOGODO PHARMD	BOARD OF TRU	1.00	Director	$0	$0	$0

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
2025	$325,211	$426,527	$913,153	$-101,316
2024	$295,152	$332,366	$975,055	$-37,214
2023	$364,246	$317,767	$973,617	$46,479
2022	$404,835	$308,003	$903,753	$96,832
2021	$311,229	$342,261	$838,643	$-31,032
2020	$246,946	$290,437	$837,953	$-43,491
2019	$466,052	$377,282	$878,779	$88,770
2018	$820,079	$375,093	$790,009	$444,986

NEW JERSEY PHARMACISTS ASSOCIATION