Alabama Society of Health System Pharmacists (EIN 630774188) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1952

Legal Domicile

Principal Officer

Dan Gillis

Phone

2058221071

Tax Period

2023-01-01 to 2023-12-31

Alabama Society of Health System Pharmacists, founded in 1952, is a small nonprofit that reported $206K in total revenue in fiscal year 2023. Expenses of $229K exceeded revenue, resulting in a 11% operating deficit.

Mission

The Alabama Society of Health System Pharmacists (ALSHP) exists to promote, develop, and unite pharmacy practitioners in the pursuit of providing optimal patient care across all health care settings.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $34,193

Program Service Revenue $171,843

Investment Income $0

Other Revenue $0

TOTAL REVENUE $206,036

Expense Breakdown

Grants Paid $0

Salaries & Benefits $78,833

Fundraising Expenses $0

Program Expenses $28,571

Other Expenses $149,676

TOTAL EXPENSES $228,509

Year-over-Year Comparison

	2023	2022	Change
Revenue	$206,036	$197,658	+0.0%
Expenses	$228,509	$193,212	+0.2%
Net Income	$-22,473	$4,446	-6.1%

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

N/A

Volunteers

116

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

$45,833

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Tommie Ann Boackle	Director of Legislative Affairs	4.00	Director	$0	$0	$0
Adrienne Eades	Secretary/Treasuer	4.00	Director	$0	$0	$0
Sarah McDaniel	Director of Organizational Affairs	4.00	Director	$0	$0	$0
William Johnson	Director of Communications	8.00	Director	$0	$0	$0
C Whitney White	Director of Educational Affairs	10.00	Director	$0	$0	$0
Brittany Shadix	Director of Professional Affairs	2.00	Director	$0	$0	$0
Laura Matthews	Immediate Past President	2.00	Officer	$0	$0	$0
Dan Gillis	Executive Director	8.00	Officer	$45,833	$0	$45,833
Joshua Settle	President - Elect	4.00	Officer	$0	$0	$0
Leborah Lee	President	4.00	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	$206,036	$228,509	$220,374	$-22,473

Alabama Society of Health System Pharmacists