Georgia Pharmacy Foundation Inc (EIN 581869818) - 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

1988

Legal Domicile

Principal Officer

Liza Chapman

Phone

4042315074

Tax Period

2023-01-01 to 2023-12-31

Georgia Pharmacy Foundation Inc, founded in 1988, is a micro nonprofit that reported $72K in total revenue in fiscal year 2023. Revenue fell 56% from the prior year — a significant decline worth monitoring. Expenses of $114K exceeded revenue, resulting in a 58% operating deficit.

Mission

To promote public welfare through the development of quality pharmaceutical services, to advance the art and science of the profession of pharmacy by providing for and engaging in research and development, professional education and granting financial 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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $13,959

Program Service Revenue $0

Investment Income $52,832

Other Revenue $5,287

TOTAL REVENUE $72,078

Expense Breakdown

Grants Paid $46,500

Salaries & Benefits $17,771

Fundraising Expenses $3,227

Program Expenses $65,547

Other Expenses $49,513

TOTAL EXPENSES $113,784

Year-over-Year Comparison

	2023	2022	Change
Revenue	$72,078	$162,237	-0.6%
Expenses	$113,784	$163,369	-0.3%
Net Income	$-41,706	$-1,132	+35.8%

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

Volunteers

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

$17,771

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Liza Chapman	Chair	1.00	Officer Director	$0	$0	$0
Joe Ed Holt	Director	1.00	Officer Director	$0	$0	$0
Lance Boles	Director	1.00	Director	$0	$0	$0
Lindsey Welch	Board Vice Chair	1.00	Director	$0	$0	$0
Pam Marquess	Director	1.00	Director	$0	$0	$0
Sharon Deeson	Director	1.00	Director	$0	$0	$0
Shobhna Butler	Director	1.00	Director	$0	$0	$0
Thomas Sherrer	Director	1.00	Director	$0	$0	$0
Tracie Lunde	Director	1.00	Director	$0	$0	$0
Bobby Moody	Director	1.00	Director	$0	$0	$0
Teresa Tatum	Foundation Director	20.00	Officer	$17,771	$0	$17,771
Mindy Kaplan	CFO	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	$72,078	$113,784	$2,021,475	$-41,706
2022	$162,237	$163,369	$1,861,358	$-1,132
2021	$198,884	$148,011	$2,201,463	$50,873
2020	$103,437	$134,984	$2,026,693	$-31,547
2019	$95,491	$167,085	$1,967,278	$-71,594

Georgia Pharmacy Foundation Inc