National Association of Chain Drug Stores Foundation Inc

EIN: 510144922 501(c)(3) Community Improvement

Arlington, VA

Total Revenue
N/A
Total Expenses
N/A
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
1973
Legal Domicile
VA
Phone
7035493001
Tax Period
2023-01-01 to 2023-12-31

Mission

Enhanced engagement in ground-breaking research and educational initiatives that benefit patients, improves outcomes, and advances public health.

Program Service Accomplishments

Program 1

Charitable Outreach: The NACDS Foundation gives priority to those charitable organizations where medication initiatives and related research can have a positive impact on the health of patients. The...

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Charitable Outreach: The NACDS Foundation gives priority to those charitable organizations where medication initiatives and related research can have a positive impact on the health of patients. The largest share of its annual contributions budget is allocated to programs that address the health needs of patients, and charitable community outreach initiatives. In 2022, the NACDS Foundation donated or provided grants to 3 charitable organizations.

Program 2

Research: The NACDS Foundation provides funding for projects that advance its mission to improve the health and wellness of those living in the U.S. through medication management and related...

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Research: The NACDS Foundation provides funding for projects that advance its mission to improve the health and wellness of those living in the U.S. through medication management and related interventions. Through grantmaking, it seeks to improve the health and welfare of patients. The NACDS Foundation funded 12 research grants in 2022.

Program 3

Education: The NACDS Foundation provides important scholarship contributions to Pharmacy Schools throughout the United States. 33 U.S. based pharmacy schools were awarded support in 2022. The...

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Education: The NACDS Foundation provides important scholarship contributions to Pharmacy Schools throughout the United States. 33 U.S. based pharmacy schools were awarded support in 2022. The pharmacy school awards are designated for the school's scholarship funds for students.The Foundation also offers education programs and resources for pharmacists, pharmacy schools, pharmacy students and the general public on public health issues.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

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

Year-over-Year Comparison

2023 2022 Change
Revenue N/A $1,520,878 -1.0%
Expenses N/A $1,407,831 -1.0%
Net Income N/A $113,047 N/A
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
25
Independent Members
24
Employees
N/A
Volunteers
25

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
5
$0
Total Directors
24
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Steven C Anderson FASAE CAE Chairman 1.00
Officer Director
$0 $0 $0
Michael Bohling President 1.00
Director
$0 $0 $0
Elizabeth Caton Director 1.00
Director
$0 $0 $0
Maureen Cavanaugh Director 1.00
Director
$0 $0 $0
Brad Cochran Director 1.00
Director
$0 $0 $0
Janice Cooney Director 1.00
Director
$0 $0 $0
Brent Cotten Director 1.00
Director
$0 $0 $0
Teri Coward Director 1.00
Director
$0 $0 $0
Lou Dallago Director 1.00
Director
$0 $0 $0
Maureen Danielewicz Director 1.00
Director
$0 $0 $0
Phillip Durocher Director 1.00
Director
$0 $0 $0
Nikki Griffin Director 1.00
Director
$0 $0 $0
Nimesh Jhaveri Director 1.00
Director
$0 $0 $0
Jacquelyn Madsen Director 1.00
Director
$0 $0 $0
Barbara Poremba Director 1.00
Director
$0 $0 $0
Robert Potter Director 1.00
Director
$0 $0 $0
Anthony Provenzano Director 1.00
Director
$0 $0 $0
George Rafferty Director 1.00
Director
$0 $0 $0
Rina Shah Director 1.00
Director
$0 $0 $0
William Simpson Director 1.00
Director
$0 $0 $0
Karen Staniforth Director 1.00
Director
$0 $0 $0
Richard Stephens Director 1.00
Director
$0 $0 $0
Terry Thomas Director 1.00
Director
$0 $0 $0
Papatya Tankut Director 1.00
Director
$0 $0 $0
Sara Roszak President 15.00
Officer
$0 $0 $0
Kristin Williams Director 1.00
Officer
$0 $0 $0
David M Fitzsimmons Treasurer 2.00
Officer
$0 $0 $0
Kayla McFeely Secretary 1.00
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 No data No data No data No data
2023 No data No data No data No data
2023 $844,713 $1,437,618 $9,159,229 $-592,905
2022 $1,520,878 $1,407,831 $9,108,513 $113,047
2021 $2,405,124 $1,130,730 $10,698,950 $1,274,394
2020 $970,344 $1,898,481 $9,931,631 $-928,137
2019 $1,874,069 $2,250,382 $10,437,379 $-376,313
2018 $1,924,697 $1,781,987 $9,399,200 $142,710
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