UNIVERSITY OF FLORIDA COLLEGE OF PHARMACY FACULTY PRACTICE ASSOC INC

EIN: 593518079 501(c)(3) Education

GAINESVILLE, FL

Total Revenue
$1,469,603
Total Expenses
$1,485,691
Total Assets
$676,202
Net Assets
$399,533
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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
1998
Legal Domicile
FL
Principal Officer
PETER SWAAN
Phone
3522736299
Tax Period
2023-07-01 to 2024-06-30

UNIVERSITY OF FLORIDA COLLEGE OF PHARMACY FACULTY PRACTICE ASSOC INC, founded in 1998, is a community nonprofit in the Education sector that reported $1.5M in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year.

Mission

TO SUPPORT THE UNIVERSITY OF FLORIDA HEALTH SCIENCES CENTER AND ITS ASSOCIATED PROGRAMS, TO ASSURE PROFESSIONAL PRACTICE OPPORTUNITIES AND EXPERIENCE IN THE TRAINING OF STUDENTS AND POST-GRADUATE HEALTH PROFESSIONALS IN THE FIELD OF PHARMACY, AND TO ENHANCE THE SKILLS AND KNOWLEDGE OF FACULTY MEMBERS WHO MUST TEACH AND TRAIN HEALTH PROFESSIONAL STUDENTS.

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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 $1,469,603
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,469,603

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,470,691
Other Expenses $1,485,691
TOTAL EXPENSES $1,485,691

Year-over-Year Comparison

2023 2022 Change
Revenue $1,469,603 $1,659,174 -0.1%
Expenses $1,485,691 $1,873,716 -0.2%
Net Income $-16,088 $-214,542 -0.9%
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
5
Independent Members
N/A
Employees
N/A
Volunteers
N/A

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
$992,765
Total Directors
5
$1,734,789
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PETER SWAAN PRESIDENT 0.10
Officer Director
$0 $60,167 $489,732
JOHN GUMS SECRETARY & TREASURER 0.10
Officer Director
$0 $46,440 $297,827
KELLY SHARP DIRECTOR 0.10
Director
$0 $54,360 $305,536
ERIC DIETRICH DIRECTOR 0.10
Director
$0 $14,369 $162,236
CURTIS REYNOLDS DIRECTOR UNTIL 03/01/2024 0.10
Director
$0 $113,803 $479,458
SHAIMA COFFEY EXECUTIVE VP 0.10
Officer
$0 $38,770 $205,206
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 No data No data No data No data
2024 $1,469,603 $1,485,691 $676,202 $-16,088
2023 $1,659,174 $1,873,716 $436,945 $-214,542
2022 $3,140,190 $9,533,067 $630,709 $-6,392,877
2021 $4,461,430 $345,245 $7,025,540 $4,116,185
2020 $6,878,757 $4,078,138 $2,906,855 $2,800,619
2019 $6,746,303 $9,040,071 $810,953 $-2,293,768
2018 $8,557,610 $9,272,201 $2,712,637 $-714,591
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