ARIZONA PHARMACY FOUNDATION INC

EIN: 860679270 501(c)(3) Arts, Culture & Humanities

TEMPE, AZ

Total Revenue
$105,944
Total Expenses
$128,628
Total Assets
$223,407
Net Assets
$223,322
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
AZ
Principal Officer
CARL LABBE
Phone
4808383385
Tax Period
2018-07-01 to 2019-06-30

ARIZONA PHARMACY FOUNDATION INC, founded in 1991, is a small nonprofit in the Arts, Culture & Humanities sector that reported $106K in total revenue in fiscal year 2018. Revenue fell 33% from the prior year — a significant decline worth monitoring. Expenses of $129K exceeded revenue, resulting in a 21% operating deficit.

Mission

THE ARIZONA PHARMACY FOUNDATION EXISTS TO: 1) POVIDE FUNDS, MATERIALS, AND RECOURCES TO EDUCATE THE PUBLIC REGARDING THE ROLE OF THE PHARMACIST ON THE HEALTH CARE TEAM; INCLUDING THE PROPER USE OF PRESCRIPTION MEDICTIONS AND THE USE OF THOSE MEDICATIONS TO IMPROVE PATIENT CARE. 2) PROVIDE FUNDS, MATERIALS, AND RESOURCES TO THE PHARMACY PROFESSION IN ORDER TO FURTHER PHARMACY RESEARCH, PHARMACY RESIDENCY PRORAMS, STUDENT SCHOLARSHIPS, AND LEADERSHIP DEVELOPMENT. 3) PROVIDE NECESSARY SUPPORT TO ASSIST ANY HEALTH CARE PROFESSIONAL, PROFESSIONAL STUDENT OR LICENSED SUPPORT STAFF WITH ALCOHOL AND/OR CHEMICAL DEPENDENCY.

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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 (2018)

Revenue Breakdown

Contributions & Grants $18,714
Program Service Revenue $87,227
Investment Income $3
Other Revenue $0
TOTAL REVENUE $105,944

Expense Breakdown

Grants Paid $0
Salaries & Benefits $19,873
Fundraising Expenses $0
Program Expenses $57,024
Other Expenses $108,755
TOTAL EXPENSES $128,628

Year-over-Year Comparison

2018 2017 Change
Revenue $105,944 $158,686 -0.3%
Expenses $128,628 $170,410 -0.2%
Net Income $-22,684 $-11,724 +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
7
Independent Members
N/A
Employees
1
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
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KENNETH BERRY DIRECTOR N/A
Director
$0 $0 $0
RUTH DEMAR TREASURER N/A
Officer Director
$0 $0 $0
JESSICA DILEO DIRECTOR N/A
Director
$0 $0 $0
BETTY NOVACK DIRECTOR N/A
Director
$0 $0 $0
CARL LABBE PRESIDENT N/A
Officer Director
$0 $0 $0
JERRY DENNY DIRECTOR N/A
Director
$0 $0 $0
KELLY FINE CHIEF FINANC N/A
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
2019 $105,944 $128,628 $223,407 $-22,684
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