SOCIETY OF ST VINCENT DE PAUL CHARITABLE PHARMACY OF NORTH TEXAS

EIN: 263273175 501(c)(3) Health Care

Dallas, TX

Total Revenue
$30,742,890
Total Expenses
$31,606,646
Total Assets
$4,763,034
Net Assets
$4,673,018
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
TX
Principal Officer
Luis Gonzalez
Phone
2145200650
Tax Period
2023-10-01 to 2024-09-30

SOCIETY OF ST VINCENT DE PAUL CHARITABLE PHARMACY OF NORTH TEXAS, founded in 2017, is a mid-sized nonprofit in the Health Care sector that reported $30.7M in total revenue in fiscal year 2023.

Mission

To provide free health-sustaining prescription medications to lower-income, uninsured Texans.

Program Service Accomplishments

Program 1
Expenses: $31,367,287 Revenue: $40,460

The St. Vincent de Paul Pharmacy, which opened in 2018, is the first free-standing pharmacy in the state of Texas that provides lifesaving medications to the uninsured free of charge. Many residents...

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The St. Vincent de Paul Pharmacy, which opened in 2018, is the first free-standing pharmacy in the state of Texas that provides lifesaving medications to the uninsured free of charge. Many residents of Texas cannot afford the necessary prescription medications to maintain their chronic, treatable conditions like diabetes, asthma and heart disease. The inability to sustain health affects the ability to maintain steady employment, care for family and escape poverty. It also contributes to increased costs across the health care system as unreimbursed emergency services become primary health care for those who cannot afford medication. We exist to serve those who cannot afford to sustain their health. The Pharmacy provided 102,896 30-day equivalent prescriptions to 4,008 unique patients free of charge with a total value of $30,515,305 (Average Wholesale Pricing valuation method).

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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 (2023)

Revenue Breakdown

Contributions & Grants $30,702,430
Program Service Revenue $40,460
Investment Income $0
Other Revenue $0
TOTAL REVENUE $30,742,890

Expense Breakdown

Grants Paid $30,567,081
Salaries & Benefits $556,902
Fundraising Expenses $143,983
Program Expenses $31,367,287
Other Expenses $482,663
TOTAL EXPENSES $31,606,646

Year-over-Year Comparison

2023 2022 Change
Revenue $30,742,890 $29,937,708 +0.0%
Expenses $31,606,646 $30,343,410 +0.0%
Net Income $-863,756 $-405,702 +1.1%
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

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

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
11
Volunteers
36

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
2
$0
Total Directors
9
$155,000
Key Employees
1
$149,260
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Luis Gonzalez Board Member 16
Director
$0 $13,006 $155,000
Carlos Irula Pharmacy Director 40
Key Emp
$142,174 $7,086 $149,260
Sean Myers Board President 4
Officer Director
$0 $0 $0
Chris Dembny Board Member 1
Director
$0 $0 $0
Brian O'Boyle Board Member 8
Director
$0 $0 $0
Joseph M Manogue Board Treasurer 3
Officer Director
$0 $0 $0
Tony Ruggeri Board Member 1
Director
$0 $0 $0
John Strauss Board Member 1
Director
$0 $0 $0
Michael Pazzaglini Board Member 1
Director
$0 $0 $0
Jim Urbanus Board Member 1
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
2024 $30,742,890 $31,606,646 $4,763,034 $-863,756
2023 $29,937,708 $30,343,410 $5,631,670 $-405,702
2022 $28,448,878 $24,423,263 $5,997,455 $4,025,615
2021 $4,496,507 $3,343,012 $1,967,324 $1,153,495
2020 $1,906,727 $1,841,999 $792,026 $64,728
2019 $1,103,649 $920,710 $727,380 $182,939
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