PHARMACY FOR THE PUBLIC GOOD INC (EIN 873649841) - 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

2020

Legal Domicile

Principal Officer

EDWARD ULLMANN

Phone

8456880188

Tax Period

2023-01-01 to 2023-12-31

PHARMACY FOR THE PUBLIC GOOD INC, founded in 2020, is a small nonprofit in the Health Care sector that reported $175K in total revenue in fiscal year 2023. Revenue surged 64% from the prior year, signaling strong growth momentum. Expenses of $282K exceeded revenue, resulting in a 61% operating deficit.

Mission

THE CREATION OF THE FIRST NONPROFIT COMMUNITY PHARMACY IN AMERICA THAT BLENDS TRADITIONAL PHARMACY WITH NATURAL MEDICINE AND SERVES THE GENERAL PUBLIC IN THE AREAS OF PUBLIC HEALTH, MENTAL HEALTH, EDUCATION/TRAINING AND CHARITABLE GIVING. THE YEAR 2022 SET THE STAGE FOR THE FIRST WELLNESS CENTER/PHARMACY TO OPEN IN PHOENICIA, NY ON 4/7/23. MODEL WILL THEN BE REPLICATED THROUGHOUT THE UNITED STATES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $121,979

Program Service Revenue $59,104

Investment Income $10

Other Revenue $-6,271

TOTAL REVENUE $174,822

Expense Breakdown

Grants Paid $0

Salaries & Benefits $141,809

Fundraising Expenses $0

Program Expenses $281,600

Other Expenses $139,791

TOTAL EXPENSES $281,600

Year-over-Year Comparison

	2023	2022	Change
Revenue	$174,822	$106,834	+0.6%
Expenses	$281,600	$59,813	+3.7%
Net Income	$-106,778	$47,021	-3.3%

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

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

$40,000

Total Directors

$40,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EDWARD ULLMANN	EXECUTIVE DI	60.00	Officer Director	$40,000	$0	$40,000
NICHOLAS KRAFT	SECRETARY	1.00	Director	$0	$0	$0
RONALD LIPTON	TRUSTEE	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	No data	No data	No data	No data
2023	$174,822	$281,600	$157,808	$-106,778

PHARMACY FOR THE PUBLIC GOOD INC