NCPA INNOVATION CENTER

EIN: 371841962 Community Improvement

ALEXANDRIA, VA

Total Revenue
$2,111,023
Total Expenses
$1,775,652
Total Assets
$751,688
Net Assets
$52,649
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
VA
Principal Officer
KURT PROCTOR
Phone
7036832885
Tax Period
2023-07-01 to 2024-06-30

NCPA INNOVATION CENTER, founded in 2016, is a community nonprofit in the Community Improvement sector that reported $2.1M in total revenue in fiscal year 2023. The organization ran a surplus of $335K, a strong 16% operating margin.

Mission

THE NCPA INNOVATION CENTER IS A SUPPORTING ORGANIZATION OF NCPA WHOSE MISSION IS TO FURTHER ASSIST AND ACCELERATE THE EVOLUTION OF INDEPENDENT COMMUNITY PHARMACIES IN THE CHANGING HEALTH CARE ENVIRONMENT. CURRENTLY, THESE CHANGES INCLUDE:-VALUE-BASED CARE DELIVERY THROUGH THE CLINICALLY INTEGRATED NETWORK (CPESN)-A GROWING FOCUS ON VALUE AND QUALITY-BASED PAYMENTS AND DECLINING PRODUCT REIMBURSEMENTS-THE INTEGRATION OF HEALTH CARE PROVIDER TEAMS INCLUDING PHARMACISTS-AN INCREASE IN CONSUMER-DRIVEN HEALTH CARE-AN INCREASE IN THE SERVICES THAT CAN BE PROVIDED IN A COMMUNITY PHARMACY SETTING-THE INFLUENCE OF THE DIGITALIZATION OF HEALTH CARE AND BUSINESS

Program Service Accomplishments

Program 1

PRACTICE TRANSFORMATION/EDUCATION OPPORTUNITIES - WHETHER YOU ARE A PHARMACY OWNER, STAFF PHARMACIST, OR PHARMACY TECHNICIAN, NCPA CAN HELP YOU MEET YOUR CONTINUING EDUCATION REQUIREMENTS THROUGH A...

Read more

PRACTICE TRANSFORMATION/EDUCATION OPPORTUNITIES - WHETHER YOU ARE A PHARMACY OWNER, STAFF PHARMACIST, OR PHARMACY TECHNICIAN, NCPA CAN HELP YOU MEET YOUR CONTINUING EDUCATION REQUIREMENTS THROUGH A MIX OF LIVE AND ONLINE CE ACTIVITIES.1. DIABETES ACCREDITATION BOOT CAMP - IS A TURNKEY ONLINE COURSE THAT WILL HELP PREPARE YOU FOR DSME (DIABETES SELF-MANAGEMENT EDUCATION) ACCREDITATION SO YOU CAN FINALLY START BILLING MEDICARE AND OTHER PAYERS FOR THE DIABETES EDUCATION YOU PROVIDE.2. PHARMACY-BASED POINT-OF-CARE TESTING CERTIFICATE COURSE - POINT-OF-CARE TESTING IS A NATURAL NICHE AND A CRITICAL COMPONENT OF YOUR SERVICE REVENUE MODEL MOVING FORWARD. THE PHARMACY-BASED POINT-OF-CARE TEST AND TREAT NATIONAL CERTIFICATE PROGRAM PROVIDES AN OPPORTUNITY TO GAIN THE SKILLS AND INFORMATION NECESSARY TO DEVELOP A TESTING PROGRAM FOR CORONAVIRUSES, INFLUENZA, GROUP A STREPTOCOCCUS, HIV, AND HEPATITIS C. GET THE NUTS-AND-BOLTS ON HOW TO ESTABLISH A THRIVING COMMUNITY PHARMACY-BASED POCT PROGRAM.

Program 2

CDC DPP - UTILIZE PHARMACIST AND PHARMACY TECHNICIANS TO RECRUIT AND ENROLL UNDERSERVED PATIENTS INTO THE NATIONAL DPP LIFESTYLE CHANGE PROGRAM THROUGH MEDICATION SYNCHRONIZATION, IMMUNIZATIONS, AND...

Read more

CDC DPP - UTILIZE PHARMACIST AND PHARMACY TECHNICIANS TO RECRUIT AND ENROLL UNDERSERVED PATIENTS INTO THE NATIONAL DPP LIFESTYLE CHANGE PROGRAM THROUGH MEDICATION SYNCHRONIZATION, IMMUNIZATIONS, AND OTHER INNOVATIVE PATIENT CARE SERVICES.

Program 3

OWNERSHIP WORKSHOP - THE NCPA INNOVATION CENTER OFFERS A PROVEN RESOURCE JUST FOR YOU: IT'S AN INTENSIVE THREE-DAY EVENT FOR PHARMACISTS CONSIDERING PHARMACY OWNERSHIP OR CURRENT OWNERS LOOKING TO...

Read more

OWNERSHIP WORKSHOP - THE NCPA INNOVATION CENTER OFFERS A PROVEN RESOURCE JUST FOR YOU: IT'S AN INTENSIVE THREE-DAY EVENT FOR PHARMACISTS CONSIDERING PHARMACY OWNERSHIP OR CURRENT OWNERS LOOKING TO POLISH THEIR MANAGEMENT SKILLS. IT'S A SOUP-TO-NUTS CRASH COURSE ON PHARMACY OWNERSHIP, WHETHER YOU'RE STARTING FROM THE GROUND UP, PURCHASING AN EXISTING STORE, OR EXPANDING TO BECOME A MULTI-STORE OWNER. OUR TEAM OF EXPERTS ANSWER THE NITTY-GRITTY QUESTIONS ABOUT THE LOAN APPROVAL PROCESS, LICENSURE AGREEMENTS, CREATING A START-UP CHECKLIST, WRITING A BUSINESS PLAN, DESIGNING AN EFFECTIVE STORE LAYOUT, AND MUCH MORE.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $55,000
Program Service Revenue $2,036,023
Investment Income $0
Other Revenue $20,000
TOTAL REVENUE $2,111,023

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $1,775,652
TOTAL EXPENSES $1,775,652

Year-over-Year Comparison

2023 2022 Change
Revenue $2,111,023 $2,180,147 0.0%
Expenses $1,775,652 $1,852,827 0.0%
Net Income $335,371 $327,320 +0.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
13
Independent Members
9
Employees
N/A
Volunteers
11

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
$929,549
Total Directors
13
$987,799
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DOUG HOEY CHAIRMAN 2.00
Officer Director
$0 $36,838 $641,192
KURT PROCTOR PRESIDENT 2.00
Officer Director
$0 $27,464 $288,357
JEFF KEY TRUSTEE 2.00
Director
$0 $0 $0
PJ AGARWAL TRUSTEE 2.00
Director
$0 $0 $0
TRIPP LOGAN TRUSTEE 2.00
Director
$0 $0 $0
JEANINE SINGER TRUSTEE 2.00
Director
$0 $0 $0
MIKE MCBRIDE TRUSTEE 2.00
Director
$0 $0 $0
JOE MOOSE TRUSTEE 2.00
Director
$0 $0 $0
MICHELE BELCHER TRUSTEE 2.00
Director
$0 $0 $21,625
HUGH CHANCY TRUSTEE 2.00
Director
$0 $0 $36,625
PAM SCHWEITZER TRUSTEE 2.00
Director
$0 $0 $0
AMINA ABUBAKAR TRUSTEE 2.00
Director
$0 $0 $0
JOHN FRAZETTE TRUSTEE (START 10/23) 2.00
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 No data No data No data No data
2024 $2,111,023 $1,775,652 $751,688 $335,371
2023 $2,180,147 $1,852,827 $360,914 $327,320
2022 $1,907,224 $1,785,483 $544,982 $121,741
2021 $1,874,552 $1,582,547 $408,411 $292,005
2020 $1,622,552 $1,746,283 $111,173 $-123,731
2019 $1,905,720 $2,117,972 $180,557 $-212,252
2018 $1,525,228 $1,750,882 $90,217 $-225,654
Explore More Nonprofits
Top 100 Nonprofits in Virginia Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare NCPA INNOVATION CENTER with other nonprofits in Virginia and across the country.