KENTUCKY INDEPENDENT PHARMACIST ALLIANCE INC (EIN 454034350) - Form 990 Financial Analysis & Trantor Score

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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

Principal Officer

ROSEMARY C SMITH

Phone

6064643901

Tax Period

2025-01-01 to 2025-12-31

KENTUCKY INDEPENDENT PHARMACIST ALLIANCE INC, founded in 2011, is a micro nonprofit in the Mutual Benefit sector that reported $90K in total revenue in fiscal year 2025. Revenue surged 60% from the prior year, signaling strong growth momentum. Net assets of $247K represent 33 months of operating reserves.

Mission

TO RAISE AWARENESS AND SUPPORT FOR THE ISSUES FACING INDEPENDENT PHARMACISTS IN KENTUCKY

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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%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $89,533

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $89,533

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $95,426

TOTAL EXPENSES $95,426

Year-over-Year Comparison

	2025	2024	Change
Revenue	$89,533	$56,106	+0.6%
Expenses	$95,426	$87,619	+0.1%
Net Income	$-5,893	$-31,513	-0.8%

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LUTHER G SMITH	PRESIDENT	1.00	Officer Director	$0	$0	$0
ROSEMARY C SMITH	SECRETARY/TREASURER	5.00	Officer Director	$0	$0	$0
BOBBY MCQUEEN	VICE-PRESIDENT	1.00	Officer Director	$0	$0	$0
ROBERT WARFORD	DIRECTOR	1.00	Director	$0	$0	$0
DAVID FIGG	DIRECTOR	1.00	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	$89,533	$95,426	$247,490	$-5,893
2024	$56,106	$87,619	$253,383	$-31,513
2023	$94,279	$59,848	$284,896	$34,431
2022	$75,095	$38,216	$250,465	$36,879
2021	$90,114	$61,402	$213,586	$28,712
2020	$89,934	$40,785	$184,874	$49,149
2019	$68,618	$45,418	$135,725	$23,200
2018	$74,955	$59,873	$112,525	$15,082

KENTUCKY INDEPENDENT PHARMACIST ALLIANCE INC