PHARMACY LEADERSHIP & EDUCATION INSTITUTE INC

EIN: 582296988 501(c)(3) Education

SOUTH LYON, MI

Total Revenue
$239,271
Total Expenses
$86,496
Total Assets
$1,420,964
Net Assets
$1,420,964
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
GA
Principal Officer
RON COREY
Phone
8779299590
Tax Period
2023-01-01 to 2023-12-31

PHARMACY LEADERSHIP & EDUCATION INSTITUTE INC, founded in 2001, is a small nonprofit in the Education sector that reported $239K in total revenue in fiscal year 2023. Revenue surged 84% from the prior year, signaling strong growth momentum. The organization ran a surplus of $153K, a strong 64% operating margin.

Mission

THE PHARMACY LEADERSHIP & EDUCATION INSTITUTE (PLEI) DEVELOPS LEADERS AMONG STUDENT PHARMACISTS AND PHARMACISTS BY CONDUCTING PROGRAMS TO IMPROVE LEADERSHIP SKILLS, TO STRENGTHEN THE PROFESSION, AND THEREBY ADVANCE THE PUBLIC HEALTH. PLEI TAKES A SPECIAL INTEREST IN SUPPORTING AND ADVANCING THE PHI DELTA CHI PHARMACY FRATERNITY'S MISSION OF DEVELOPING PHARMACY'S FUTURE LEADERS.

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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 $177,420
Program Service Revenue $20,098
Investment Income $41,753
Other Revenue $0
TOTAL REVENUE $239,271

Expense Breakdown

Grants Paid $20,000
Salaries & Benefits $10,849
Fundraising Expenses $1,073
Program Expenses $42,744
Other Expenses $55,647
TOTAL EXPENSES $86,496

Year-over-Year Comparison

2023 2022 Change
Revenue $239,271 $129,865 +0.8%
Expenses $86,496 $105,231 -0.2%
Net Income $152,775 $24,634 +5.2%
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

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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
12
Independent Members
12
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
3
$0
Total Directors
16
$10,849
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RON COREY EXECUTIVE DI 8.00
Officer Director
$0 $0 $0
JOHN GRABENSTEIN CHAIRMAN 8.00
Officer Director
$0 $0 $0
MICHAEL MONE CFO 2.00
Officer Director
$0 $0 $0
NANCY ALVAREZ BOARD MEMBER 3.00
Director
$4,334 $0 $4,334
KEVIN ANDERSON BOARD MEMBER 1.00
Director
$0 $0 $0
ANDREA BOURQUE BOARD MEMBER 1.00
Director
$0 $0 $0
EMANUEL GEORGE BOARD MEMBER 1.00
Director
$0 $0 $0
MIKE HEATH BOARD MEMBER 1.00
Director
$0 $0 $0
MACARY MARCINIAK BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL NEGRETE BOARD MEMBER 5.00
Director
$6,515 $0 $6,515
GRANT STIMES BOARD MEMBER 1.00
Director
$0 $0 $0
KENNY WALKUP BOARD MEMBER 1.00
Director
$0 $0 $0
TRACI K THOMPSON FORMER BOARD 1.00
Director
$0 $0 $0
AMY VALDEZ FORMER BOARD 1.00
Director
$0 $0 $0
DENNIS B WORTHEN FORMER BOARD 1.00
Director
$0 $0 $0
RALPH SAROYAN FORMER BOARD 3.00
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
2024 No data No data No data No data
2023 $239,271 $86,496 $1,420,964 $152,775
2022 $129,865 $105,231 $1,167,073 $24,634
2021 $114,620 $70,590 $1,322,086 $44,030
2020 $390,275 $42,261 $1,167,665 $348,014
2019 $142,247 $70,200 $723,785 $72,047
2018 $244,960 $97,402 $587,660 $147,558
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