NEW JERSEY SOCIETY OF HEALTH-SYSTEM PHARMACY (EIN 222419542) - 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

1948

Legal Domicile

Phone

6099362205

Tax Period

2023-06-01 to 2024-05-31

NEW JERSEY SOCIETY OF HEALTH-SYSTEM PHARMACY, founded in 1948, is a small nonprofit that reported $387K in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion.

Mission

TO ADVANCE THE KNOWLEDGE AND PROFESSIONAL PRACTICE OF HOSPITAL PHARMACISTS, IN TURN PROVIDING THE BENEFITS AND PROTECTION OF SUCH PHARMACISTS TO PATIENTS, AND TO ASSURE A SUFFICIENT SUPPLY OF SUCH QUALIFIED PHARMICISTS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $338,053

Investment Income $49,063

Other Revenue $0

TOTAL REVENUE $387,116

Expense Breakdown

Grants Paid $0

Salaries & Benefits $91,211

Fundraising Expenses $0

Other Expenses $315,969

TOTAL EXPENSES $407,180

Year-over-Year Comparison

	2023	2022	Change
Revenue	$387,116	$331,648	+0.2%
Expenses	$407,180	$402,747	+0.0%
Net Income	$-20,064	$-71,099	-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

N/A

Employees

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LYNETTE RICHARDS	Secretary	10.00	Officer	$0	$0	$0
URSHILA SHAH	President	10.00	Officer	$0	$0	$0
MATTHEW PISKUN	President Elect	10.00	Officer	$0	$0	$0
KEN BEVENOUR	Treasurer	10.00	Officer	$0	$0	$0
EDWARD DIX	Past President	0.00	Officer	$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	No data	No data	No data	No data
2024	$387,116	$407,180	$772,407	$-20,064
2023	$331,648	$402,747	$753,014	$-71,099
2022	$386,854	$341,503	$838,668	$45,351
2020	$110,553	$209,780	$771,744	$-99,227
2019	$431,655	$279,614	$853,308	$152,041

NEW JERSEY SOCIETY OF HEALTH-SYSTEM PHARMACY