NATIONAL ASSOCIATION OF SPECIALTY PHARMACY INC (EIN 460917764) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

2012

Legal Domicile

Principal Officer

SHEILA ARQUETTE

Phone

7038420122

Tax Period

2023-01-01 to 2023-12-31

NATIONAL ASSOCIATION OF SPECIALTY PHARMACY INC, founded in 2012, is a community nonprofit in the Health Care sector that reported $4.7M in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $4.4M left a modest 7% surplus.

Mission

TO PROVIDE EDUCATIONAL PROGRAMS, CERTIFICATION CURRICULUM AND PROFESSIONAL NETWORKING FORUMS FOR HEALTHCARE PROFESSIONALS TO PROMOTE THE SAFE AND APPROPRIATE USE OF SPECIALTY MEDICATIONS AND IMPROVE CLINICAL AND ECONOMIC OUTCOMES.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,500

Program Service Revenue $4,606,791

Investment Income $90,891

Other Revenue $49,215

TOTAL REVENUE $4,749,397

Expense Breakdown

Grants Paid $5,000

Salaries & Benefits $1,188,123

Fundraising Expenses $0

Other Expenses $3,241,375

TOTAL EXPENSES $4,434,498

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,749,397	$3,997,764	+0.2%
Expenses	$4,434,498	$4,083,804	+0.1%
Net Income	$314,899	$-86,040	-4.7%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

600

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

$315,295

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KYLE SKIERMONT	CHAIR (THRU 8/23) IMM PAST CHAIR (BEG 8/23)	3.00	Officer Director	$0	$0	$0
SCOTT GUISINGER	CHAIR (BEG 9/23)	2.00	Officer Director	$0	$0	$0
ERIK HALSTROM	SECRETARY/TREASURER	3.00	Officer Director	$0	$0	$0
ALEATA POSTELL	DIRECTOR	0.20	Director	$0	$0	$0
ALEXANDRA BROADUS	DIRECTOR	0.20	Director	$0	$0	$0
ANGIE OSTER	DIRECTOR	0.20	Director	$0	$0	$0
BENITO FERNANDEZ	DIRECTOR	0.20	Director	$0	$0	$0
BINNY JOHN	DIRECTOR	0.20	Director	$0	$0	$0
CARMINE DENARDO	DIRECTOR	4.00	Director	$0	$0	$0
CHANDRA WAHRGREN	DIRECTOR	0.20	Director	$0	$0	$0
GERALD MACCIOLI	DIRECTOR (THRU 9/23)	0.20	Director	$0	$0	$0
GREG ISAAK	DIRECTOR	0.20	Director	$0	$0	$0
GUILLERMO SOLLBERGER	DIRECTOR	0.20	Director	$0	$0	$0
JENNIFER NOONAN	DIRECTOR	0.20	Director	$0	$0	$0
JEREMY SCHAEFER	DIRECTOR (THRU 1/23)	0.10	Director	$0	$0	$0
JOE MORSE	DIRECTOR	0.20	Director	$0	$0	$0
JOHN ROBICSEK	DIRECTOR	0.20	Director	$0	$0	$0
KAREN SILVERBLATT	DIRECTOR	0.20	Director	$0	$0	$0
KEITH COOK	DIRECTOR	0.20	Director	$0	$0	$0
KELLI HEATHMAN	DIRECTOR	0.25	Director	$0	$0	$0
KRISTIN WILLIAMS	DIRECTOR	0.20	Director	$0	$0	$0
LOU DALLAGO	DIRECTOR (THRU 7/23)	0.20	Director	$0	$0	$0
LUIS RODRIGUEZ	DIRECTOR	0.20	Director	$0	$0	$0
MICAILA RUIZ	DIRECTOR	0.20	Director	$0	$0	$0
MICHAEL BALDZICKI	DIRECTOR	0.20	Director	$0	$0	$0
MICHAEL EINODSHOFER	DIRECTOR (THRU 8/23)	0.20	Director	$0	$0	$0
MICHAEL NAMETH	DIRECTOR	0.25	Director	$0	$0	$0
NANCY CROWELL	DIRECTOR	0.20	Director	$0	$0	$0
NATALIE BEDFORD	DIRECTOR	0.25	Director	$0	$0	$0
NICK CALLA	DIRECTOR	0.25	Director	$0	$0	$0
PARMJIT AGARWAL	DIRECTOR	0.20	Director	$0	$0	$0
REBECCA SHANAHAN	DIRECTOR	0.25	Director	$0	$0	$0
REED KALNA	DIRECTOR	0.20	Director	$0	$0	$0
ROBERT NACE	DIRECTOR	0.20	Director	$0	$0	$0
THOMAS COHN	DIRECTOR	0.20	Director	$0	$0	$0
TIMOTHY WARD	DIRECTOR	0.20	Director	$0	$0	$0
SHEILA ARQUETTE	PRESIDENT & CEO	40.00	Officer	$300,273	$15,022	$315,295
JO ANN HYRES	DIRECTOR, CORPORATE OPS (THRU 10/23)	40.00	Highest	$130,545	$11,805	$142,350
REBEKAH ANGUIANO	DIRECTOR OF EDUCATION	40.00	Highest	$144,570	$29,313	$173,883

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	No data	No data	No data	No data
2023	$4,749,397	$4,434,498	$3,299,653	$314,899
2022	$3,997,764	$4,083,804	$2,729,191	$-86,040
2021	$1,938,780	$1,925,639	$2,775,985	$13,141
2020	$2,308,549	$2,425,193	$2,147,777	$-116,644
2019	$3,178,223	$2,911,834	$2,551,158	$266,389
2018	$2,815,100	$2,328,682	$1,951,550	$486,418

NATIONAL ASSOCIATION OF SPECIALTY PHARMACY INC