ALLIANCE OF INDEPENDENT PHARMACISTS OF TEXAS

EIN: 453763631

RHOME, TX

Total Revenue
$381,943
Total Expenses
$319,576
Total Assets
N/A
Net Assets
N/A
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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
2011
Legal Domicile
TX
Principal Officer
Carter High Pharm D
Phone
8179889578
Tax Period
2020-01-01 to 2020-12-31

ALLIANCE OF INDEPENDENT PHARMACISTS OF TEXAS, founded in 2011, is a small nonprofit that reported $382K in total revenue in fiscal year 2020. Revenue fell 45% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $62K, a strong 16% operating margin.

Mission

THE ALLIANCE EXISTS TO ENSURE THE ECONOMIC VIABILITY AND SECURITY OF INDEPENDENT COMMUNITY PHARMACY IN TEXAS THROUGH STATE AND FEDERAL LEGISLATIVE EFFORTS. WE PROVIDE A FORUM FOR THOSE PRACTICING IN NDEPENDENT COMMUNITY AND COMPOUNDING PHARMACY TO EXCHANGE INFORMATION,DEVELOP STRATEGIES, GOALS, AND OBJECTIVES THAT PROMOTE THE PROFESSION.

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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 (2020)

Revenue Breakdown

Contributions & Grants $387,326
Program Service Revenue $0
Investment Income $-6,153
Other Revenue $770
TOTAL REVENUE $381,943

Expense Breakdown

Grants Paid $0
Salaries & Benefits $159,720
Fundraising Expenses $0
Program Expenses $319,576
Other Expenses $159,856
TOTAL EXPENSES $319,576

Year-over-Year Comparison

2020 2019 Change
Revenue $381,943 $690,748 -0.4%
Expenses $319,576 $670,018 -0.5%
Net Income $62,367 $20,730 +2.0%
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
10
Independent Members
10
Employees
2
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
1
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Audra L Conwell CAE Former Director/CEO 0.00
$135,815 $1,350 $137,165
Carter High Pharm D President 3.00
Officer Director
$0 $0 $0
Lee Ann Hampton R Ph Past President 3.00
Director
$0 $0 $0
Jeff Carson R Ph Director 3.00
Director
$0 $0 $0
Ray Carvajal R Ph Emeritus 3.00
Director
$0 $0 $0
Kelly Selby R Ph Director 3.00
Director
$0 $0 $0
Aaron Gibson PharmD President-Elect 3.00
Director
$0 $0 $0
Bruce McAnally R Ph Emeritus 3.00
Director
$0 $0 $0
Laura Temple RPh Director 3.00
Director
$0 $0 $0
Robert Emfinger R Ph Director 3.00
Director
$0 $0 $0
Jordan Talley Pharm D Director 3.00
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
2020 $381,943 $319,576 No data $62,367
2019 $690,748 $670,018 $740,947 $20,730
2018 $718,271 $618,814 $723,995 $99,457
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