NATIONAL INSTITUTE FOR PHARMACEUTICAL TECHNOLOGY AND EDUCA

EIN: 260636598 501(c)(3) Philanthropy & Grantmaking

Minneapolis, MN

Total Revenue
$1,485,741
Total Expenses
$1,562,545
Total Assets
$1,368,270
Net Assets
$604,894
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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
2007
Legal Domicile
IN
Principal Officer
Vadim J Gurvich
Phone
6126266650
Tax Period
2022-07-01 to 2023-06-30

NATIONAL INSTITUTE FOR PHARMACEUTICAL TECHNOLOGY AND EDUCA, founded in 2007, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.5M in total revenue in fiscal year 2022. Revenue surged 49% from the prior year, signaling strong growth momentum.

Mission

The National Institute for Pharmaceutical Technology and Education (NIPTE) is a collaboration of academia, industry and other stakeholders using research, outreach and education to support the mission. NIPTE leverages scientific and technological advances to bring confidence and reliability for pharmaceutical products to consumers worldwide. NIPTE's mission is to improve the way medicines are designed, developed and manufactured to meet the needs of patients in the 21st century.

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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 (2022)

Revenue Breakdown

Contributions & Grants $1,280,673
Program Service Revenue $171,329
Investment Income $28,761
Other Revenue $4,978
TOTAL REVENUE $1,485,741

Expense Breakdown

Grants Paid $1,181,569
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,263,435
Other Expenses $380,976
TOTAL EXPENSES $1,562,545

Year-over-Year Comparison

2022 2021 Change
Revenue $1,485,741 $998,016 +0.5%
Expenses $1,562,545 $1,150,877 +0.4%
Net Income $-76,804 $-152,861 -0.5%
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

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Governance

Voting Members
17
Independent Members
N/A
Employees
N/A
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
5
$1,209,408
Total Directors
17
$3,565,296
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Natalie D Eddington Board Member 1
Director
$0 $0 $463,000
Indra K Reddy Chair 1
Officer Director
$0 $0 $421,972
Kenneth Christensen Board Member 1
Director
$0 $0 $415,702
Bruce A Mueller Board Member 1
Director
$0 $0 $350,000
Lynda S Welage Secretary 1
Officer Director
$0 $0 $339,000
Eric L Barker Board Member 1
Director
$0 $0 $319,185
Samuel M Poloyac Board Member 1
Director
$0 $0 $311,600
Alberto Cuitino Board Member 1
Director
$0 $0 $301,005
Ronald Ragan Treasurer 1
Officer Director
$0 $0 $257,202
Anne M Maglia Board Member 1
Director
$0 $0 $201,630
Vadim J Gurvich Exective Director 20
Officer
$0 $51,749 $191,234
Philip M Hritcko Board Member 1
Director
$0 $0 $185,000
Kelechi C Ogbonna Board Member 1
Director
$0 $0 $0
Martin S Zand Board Member 1
Director
$0 $0 $0
Michael Kinch Board Member 1
Director
$0 $0 $0
Donna Strum Board Member 1
Director
$0 $0 $0
Wanda T Maldonado Board Member 1
Director
$0 $0 $0
James K Drennen Vice Chair 1
Officer 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 No data No data No data No data
2024 No data No data No data No data
2023 $1,485,741 $1,562,545 $1,368,270 $-76,804
2022 $998,016 $1,150,877 $1,067,996 $-152,861
2021 $1,189,720 $1,211,781 $1,296,895 $-22,061
2018 $3,201,579 $3,225,800 $6,832,797 $-24,221
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