CITIZENS FOR TRUTH IN DRUG PRICING INC

EIN: 831485206

MCLEAN, VA

Total Revenue
N/A
Total Expenses
$2,756
Total Assets
$193,168
Net Assets
$193,168
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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
2018
Legal Domicile
DC
Principal Officer
THOMAS P NICKELS
Phone
7035871469
Tax Period
2020-01-01 to 2020-12-31

CITIZENS FOR TRUTH IN DRUG PRICING INC, founded in 2018, is a community nonprofit that reported $2.5M in total revenue in fiscal year 2018. The organization ran a surplus of $1.1M, a strong 43% operating margin.

Mission

ELEVATING THE DEBATE ON DRUG PRICING THROUGH RADIO, SOCIAL AND DIGITIAL MEDIA

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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%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $2,756
TOTAL EXPENSES $2,756

Year-over-Year Comparison

2020 2019 Change
Revenue N/A $1,000,000 -1.0%
Expenses $2,756 $1,889,102 -1.0%
Net Income N/A $-889,102 N/A
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
3
Independent Members
3
Employees
N/A
Volunteers
3

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
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID BOCKORNY SECRETARY 1.00
Officer Director
$0 $0 $0
BRADLEY TUSK TREASURER 1.00
Officer Director
$0 $0 $0
THOMAS P NICKELS PRESIDENT 1.00
Officer 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
2020 No data $2,756 $193,168 No data
2019 $1,000,000 $1,889,102 $195,924 $-889,102
2018 $2,500,000 $1,414,974 $1,085,026 $1,085,026
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