MINNESOTA SOCIETY OF HEALTH-SYSTEM PHARMACISTS

EIN: 411401022

MINNETONKA, MN

Total Revenue
$478,249
Total Expenses
$399,262
Total Assets
$696,350
Net Assets
$686,530
🔒

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
1966
Legal Domicile
MN
Principal Officer
PAUL MORALES
Phone
9525419499
Tax Period
2024-01-01 to 2024-12-31

MINNESOTA SOCIETY OF HEALTH-SYSTEM PHARMACISTS, founded in 1966, is a small nonprofit that reported $478K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $79K, a strong 17% operating margin.

Mission

TO HELP PEOPLE ACHIEVE OPTIMAL HEALTH OUTCOMES THROUGH SUPPORT AND ADVANCEMENT OF THE PROFESSIONAL PRACTICE OF PHARMACY.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $415,514
Investment Income $59,423
Other Revenue $3,312
TOTAL REVENUE $478,249

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $399,262
TOTAL EXPENSES $399,262

Year-over-Year Comparison

2024 2023 Change
Revenue $478,249 $432,413 +0.1%
Expenses $399,262 $427,382 -0.1%
Net Income $78,987 $5,031 +14.7%
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
15
Independent Members
15
Employees
N/A
Volunteers
75

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
7
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAUL MORALES PRESIDENT 2.00
Officer Director
$0 $0 $0
SCOTT NEI PAST PRESIDENT 1.00
Officer Director
$0 $0 $0
BENJAMIN ANDERSON PRESIDENT ELECT 1.00
Officer Director
$0 $0 $0
ADAM BAKKEN TREASURER 2.00
Officer Director
$0 $0 $0
PAUL HUIRAS SECRETARY 1.00
Officer Director
$0 $0 $0
TAWNY OLSON ARROWHEAD PRESIDENT 1.00
Director
$0 $0 $0
KRISTINE ALMEIDA CMSHP PRESIDENT 1.00
Director
$0 $0 $0
JOHN GRYGELKO HEARTLAND PRESIDENT 1.00
Director
$0 $0 $0
RYAN HANNAN SMSHP PRESIDENT 1.00
Director
$0 $0 $0
SARA SMITH MEMBER AT-LARGE 1.00
Director
$0 $0 $0
WESLEY BICKLER MEMBER AT-LARGE 1.00
Director
$0 $0 $0
TEGAN BUCKLEY MEMBER AT-LARGE 1.00
Director
$0 $0 $0
MUY LAIR TECHNICIAN MEMBER AT-LARGE 1.00
Director
$0 $0 $0
ALAN DEMUTH NORTHWESTERN PRESIDENT 1.00
Director
$0 $0 $0
DYLAN KOSASKI TREASURER-ELECT 1.00
Officer Director
$0 $0 $0
MARCY PETERSON EXECUTIVE DIRECTOR 40.00
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
2024 $478,249 $399,262 $696,350 $78,987
2023 $432,413 $427,382 $611,522 $5,031
2022 $392,981 $377,834 $560,378 $15,147
2021 $241,689 $255,609 $616,552 $-13,920
2020 $178,695 $234,791 $595,993 $-56,096
2019 $392,271 $398,783 $615,471 $-6,512
2018 $430,714 $372,187 $576,981 $58,527
Explore More Nonprofits
Top 100 Nonprofits in Minnesota Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare MINNESOTA SOCIETY OF HEALTH-SYSTEM PHARMACISTS with other nonprofits in Minnesota and across the country.