NATIONAL PHARMACEUTICAL ASSOCIATION FOUNDATION

EIN: 562178074 501(c)(3) Education

CARY, NC

Total Revenue
$151,772
Total Expenses
$268,305
Total Assets
$628,108
Net Assets
$627,859
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
NC
Principal Officer
TERRENCE V BURROUGHS MBA CMTM RPH
Phone
9194695858
Tax Period
2025-01-01 to 2025-12-31

NATIONAL PHARMACEUTICAL ASSOCIATION FOUNDATION, founded in 2000, is a small nonprofit in the Education sector that reported $152K in total revenue in fiscal year 2025. Revenue fell 79% from the prior year — a significant decline worth monitoring. Expenses of $268K exceeded revenue, resulting in a 77% operating deficit.

Mission

TO SUPPORT THE ACTIVITIES OF THE NATIONAL PHARMACEUTICAL ASSOCIATION, INCLUDING EDUCATION PROGRAMS, RESEARCH PROJECTS, AND INNOVATIVE PHARMACY PRACTICES. FURTHERMORE, THE NATIONAL PHARMACEUTICAL ASSOCIATION FOUNDATION PROVIDES SCHOLARSHIPS TO MINORITY AND UNDERSERVED STUDENTS THAT ARE MEMBERS OF THE STUDENT NATIONAL PHARMACEUTICAL ASSOCIATION.

Program Service Accomplishments

Program 1
Expenses: $248,137

TO INSTITUTE, SPONSOR, ESTABLISH, FOSTER AND PROMOTE EDUCATION PROGRAMS AND RESEARCH PROJECTS AND INNOVATIVE PHARMCY PRACTICES IN THE FIELD OF PHARMACY INCLUDING CAREER COUNSELING, STUDENT AND PEER...

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TO INSTITUTE, SPONSOR, ESTABLISH, FOSTER AND PROMOTE EDUCATION PROGRAMS AND RESEARCH PROJECTS AND INNOVATIVE PHARMCY PRACTICES IN THE FIELD OF PHARMACY INCLUDING CAREER COUNSELING, STUDENT AND PEER ASSISTANCE, POST-GRADUATE EDUCATION, PROFESSIONAL UTILIZATION AND PUBLIC HEALTH ASSISTANCE.

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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 (2025)

Revenue Breakdown

Contributions & Grants $121,402
Program Service Revenue $0
Investment Income $30,370
Other Revenue $0
TOTAL REVENUE $151,772

Expense Breakdown

Grants Paid $27,150
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $248,137
Other Expenses $241,155
TOTAL EXPENSES $268,305

Year-over-Year Comparison

2025 2024 Change
Revenue $151,772 $735,571 -0.8%
Expenses $268,305 $540,581 -0.5%
Net Income $-116,533 $194,990 -1.6%
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

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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
N/A
Volunteers
12

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
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAT ACHOE TRUSTEE 8.00
Director
$0 $0 $0
WALLENE BULLARD TRUSTEE 8.00
Director
$0 $0 $0
ROBBIE CHRISTIAN TRUSTEE 8.00
Director
$0 $0 $0
ALFTAN DYSON TRUSTEE 8.00
Director
$0 $0 $0
LEONARD EDLOW TRUSTEE 8.00
Director
$0 $0 $0
TAMARA MCCANTS TRUSTEE 8.00
Director
$0 $0 $0
RODERICK PETERS TRUSTEE 8.00
Director
$0 $0 $0
KENDRA ROUNDTREE EXECUTIVE DI 8.00
Officer Director
$0 $0 $0
BENGY MITCHELL PHARMD RPH SECRETARY 8.00
Officer Director
$0 $0 $0
CARLETON MAXWELL PHARMD RPH EXECUTIVE DI 8.00
Officer Director
$0 $0 $0
TERRENCE V BURROUGHS MBA CMTM RPH CHAIRMAN 8.00
Officer Director
$0 $0 $0
JERMAINE SMITH TREASURER 8.00
Officer Director
$0 $0 $0
KEVIN SNEED TRUSTEE 8.00
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 $151,772 $268,305 $628,108 $-116,533
2024 $735,571 $540,581 $744,392 $194,990
2023 $127,391 $147,337 $549,402 $-19,946
2022 $25,787 $57,997 $550,065 $-32,210
2021 $88,278 $71,035 $582,275 $17,243
2020 $127,363 $59,304 $565,032 $68,059
2019 $32,427 $103,722 $496,973 $-71,295
2018 $157,104 $100,212 $568,268 $56,892
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