ALLIANCE FOR TRANSPARENT & AFFORDABLE PRESCRIPTIONS (EIN 821470716) - 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

2017

Legal Domicile

Principal Officer

ROBERT W LEVIN MD

Phone

8475177225

Tax Period

2024-01-01 to 2024-12-31

ALLIANCE FOR TRANSPARENT & AFFORDABLE PRESCRIPTIONS, founded in 2017, is a small nonprofit in the Health Care sector that reported $138K in total revenue in fiscal year 2024. Revenue surged 28% from the prior year, signaling strong growth momentum. Expenses of $165K exceeded revenue, resulting in a 20% operating deficit.

Mission

THE ORGANIZATIONS MISSION IS TO ADDRESS PRESCRIPTION DRUG COSTS AND PATIENT ACCESS TO AFFORDABLE TREATMENT BY REGULATING PBM PRACTICES AND REFORMING THE DRUG INDUSTRY THROUGH EDUCATIONAL OUTREACH AND GRASSROOTS ADVOCACY INITIATIVES AT BOTH THE STATE AND FEDERAL LEVEL.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $137,500

Investment Income $0

Other Revenue $0

TOTAL REVENUE $137,500

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $163,446

Other Expenses $165,224

TOTAL EXPENSES $165,224

Year-over-Year Comparison

	2024	2023	Change
Revenue	$137,500	$107,500	+0.3%
Expenses	$165,224	$154,126	+0.1%
Net Income	$-27,724	$-46,626	-0.4%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT W LEVIN MD	CHAIR	1.00	Officer Director	$0	$0	$0
MICHAEL SAITTA MD	VICE CHAIR	1.00	Officer Director	$0	$0	$0
HOWARD BLUMSTEIN MD	SECRETARY	1.00	Officer Director	$0	$0	$0
ETHEL D OWEN CPC	TREASURER	1.00	Director	$0	$0	$0
GARY FELDMAN MD	DIRECTOR	1.00	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	$137,500	$165,224	$29,140	$-27,724
2023	$107,500	$154,126	$55,816	$-46,626
2022	$126,500	$147,401	$102,443	$-20,901
2021	$155,000	$163,103	$123,344	$-8,103
2020	$202,000	$140,166	$140,200	$61,834

ALLIANCE FOR TRANSPARENT & AFFORDABLE PRESCRIPTIONS