Civic Intelligence

Minnesota Pharmacists Association

990 • Fiscal year 2013 • EIN 41-0634015

Jan 01, 2013 to Dec 31, 2013 • Filed on Aug 13, 2014

1000 Westgate DrRoom/Suite 252Minneapolis, MN 55114-8679

(651) 697-1771

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

99th percentile

4.78x

Higher debt load relative to assets than 99% of similar nonprofits.

2013 filings • 501(c)6 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

96th percentile

0.66x

Higher debt load relative to revenue than 96% of similar nonprofits.

2013 filings • 501(c)6 • <$500k nonprofits • Source year 2013

Net Margin

12th percentile

-21%

Higher net margin than 12% of similar nonprofits.

2013 filings • 501(c)6 • <$500k nonprofits • Source year 2013

Top Officer Pay

67th percentile

$0

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2013 filings • 501(c)6 • <$500k nonprofits • Source year 2013

Asset Growth

3rd percentile

-64%

Faster asset growth than 3% of similar nonprofits.

2013 filings • 501(c)6 • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

8th percentile

-32%

Faster revenue growth than 8% of similar nonprofits.

2013 filings • 501(c)6 • <$500k nonprofits • Annualized from 2012 to 2013

Assets

Down

$67,525

Down $119,779 (-64%) from 2012

Net Assets

Down

-$255,549

Down $100,527 (-65%) from 2012

Liabilities

Down

$323,074

Down $19,252 (-5.6%) from 2012

Revenue

Down

$488,458

Down $230,623 (-32%) from 2012

Expenses

Down

$588,985

Down $159,643 (-21%) from 2012

Net Income

Down

-$100,527

Down $70,980 (-240%) from 2012

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$200K$0-$200K-$400KAssets 2011: $165,856Liabilities 2011: $291,331Net Assets 2011: -$125,4752011Assets 2012: $187,304Liabilities 2012: $342,326Net Assets 2012: -$155,0222012Assets 2013: $67,525Liabilities 2013: $323,074Net Assets 2013: -$255,5492013Assets 2014: $85,584Liabilities 2014: $244,188Net Assets 2014: -$158,6042014Assets 2015: $91,625Liabilities 2015: $135,693Net Assets 2015: -$44,0682015Assets 2016: $145,600Liabilities 2016: $46,627Net Assets 2016: $98,9732016Assets 2018: $256,698Liabilities 2018: $43,615Net Assets 2018: $213,0832018Assets 2019: $197,038Liabilities 2019: $21,836Net Assets 2019: $175,2022019Assets 2020: $139,528Liabilities 2020: $46,600Net Assets 2020: $92,9282020Assets 2021: $81,302Liabilities 2021: $21,481Net Assets 2021: $59,8212021Assets 2022: $57,486Liabilities 2022: $30,147Net Assets 2022: $27,3392022Assets 2023: $97,147Liabilities 2023: $16,922Net Assets 2023: $80,2252023Assets 2024: $282,314Liabilities 2024: $27,961Net Assets 2024: $254,3532024

Highlighted filing

2013

Assets$67,525
Liabilities$323,074
Net Assets-$255,549

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2011: $804,101Expenses 2011: $870,970Net Income 2011: -$66,8692011Revenue 2012: $719,081Expenses 2012: $748,628Net Income 2012: -$29,5472012Revenue 2013: $488,458Expenses 2013: $588,985Net Income 2013: -$100,5272013Revenue 2014: $523,436Expenses 2014: $426,491Net Income 2014: $96,9452014Revenue 2015: $499,133Expenses 2015: $384,597Net Income 2015: $114,5362015Revenue 2016: $554,672Expenses 2016: $411,631Net Income 2016: $143,0412016Revenue 2018: $507,999Expenses 2018: $471,997Net Income 2018: $36,0022018Revenue 2019: $477,115Expenses 2019: $514,996Net Income 2019: -$37,8812019Revenue 2020: $354,300Expenses 2020: $436,574Net Income 2020: -$82,2742020Revenue 2021: $362,706Expenses 2021: $395,813Net Income 2021: -$33,1072021Revenue 2022: $427,163Expenses 2022: $459,645Net Income 2022: -$32,4822022Revenue 2023: $453,497Expenses 2023: $400,611Net Income 2023: $52,8862023Revenue 2024: $426,167Expenses 2024: $252,039Net Income 2024: $174,1282024

Highlighted filing

2013

Revenue$488,458
Expenses$588,985
Net Income-$100,527
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Aug 13, 2014
Return Version
2013v3.1
Gross Receipts
$488,458
Mission and Program Overview

Mission

Serving minnesota pharmacists to advance patient care.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$55,745$26,150▼ $29,595
Land, Buildings, and Equipment, Net$21,327--
Prepaid Expenses and Deferred Charges$37,981$20,886▼ $17,095
Pledges and Grants Receivable$46,986$12,368▼ $34,618
Cash and Non-Interest-Bearing Accounts$25,265$8,121▼ $17,144
Total Assets$187,304$67,525▼ $119,779
Liabilities
Other Liabilities$91,444$307,967▲ $216,523
Accounts Payable and Accrued Expenses$249,482$11,666▼ $237,816
Deferred Revenue$1,400$3,441▲ $2,041
Total Liabilities$342,326$323,074▼ $19,252
Net Assets / Fund Balance
Unrestricted Net Assets$-155,022$-255,549▼ $100,527
Total Net Assets Fund Balance$-155,022$-255,549▼ $100,527
Total Liabilities and Net Assets / Fund Balance$187,304$67,525▼ $119,779
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jill StrykowskiPresident
Randall SeifertPresident-el
Melissa KatzenbergerMetro Board
Eric N SlindeeRural Board
Jeffery LindooRural Board
Bruce BensonEx- Officio
Allyson SchlichteMember-at-la
Craig E ElseMember-at-la
Keri D HagerMember-at-la
Tiffany EltonMember-at-la
Jennifer E DobbeMpsa Liaison
Sheila MartinMpsa Liaison
Martin Anton EricksonPast Preside
Kandace M SchuftSpeaker of T
Barb StodolaTechnician D
Douglas LobdellTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$121,715
Program Service Revenue
$361,843
Investment Income
$9
Other Revenue
$4,891
All Other Contributions
$96,495
Change in Net Assets
$-100,527
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$577,632
Salaries, Compensation, and Employee Benefits$11,353
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$199,555$72,472-$272,027
Conferences and Meetings$76,602--$76,602
Advertising$20,406--$20,406
Office Expenses-$10,317-$10,317
Occupancy-$9,933-$9,933
Other Salaries and Wages-$8,627-$8,627
Other Expenses$47,613$7,932-$7,932
All Other Expenses-$5,677-$5,677
Travel-$4,484-$4,484
Interest-$4,253-$4,253
Information Technology-$3,809-$3,809
Other Employee Benefits$2,726--$2,726
Insurance-$1,530-$1,530
Fees for Services Lobbying$25--$25
Total Functional Expenses$450,781$138,204$0$588,985
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Short Term Bank Loan$167,729
Office Loan Payable$88,196
Bank Line of Credit$52,042
Accrued Expenses-
Accrued Payroll Taxes-
Note Payable, Bank-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7A

All memebers may vote for board officers.

Form 990, Page 6, Part VI, Line 7B

All decisions are subject to board approval.

Form 990, Page 6, Part VI, Line 10B

Yes, there are written policies for the chapters.

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 15A

Independent factors reviewed.

Form 990, Page 6, Part VI, Line 15B

INDEPENDENT REVIEWS.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

EIN
41-0634015
Phone
6516971771

Signing Officer

Name
Douglas Lobdell
Title
Treasurer
Phone
6516971771
Signed
2014-08-13
Discuss with paid preparer
Yes

Organization Details

Legal Domicile
Mn
Voting Board Members
17
Independent Board Members
17
Employees
1

Preparer

Preparer
James E Stevenson CPA
Phone
6512245721
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Member services and activities - supports members in the pharmacy profession; 202,281. Lobbying - works with federal, state and local government offices and agencies to advance pharmacy's position on relative legislative issues, 25. Defense fund - lobbying efforts paid by contributors; 49,284.

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IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt04891
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt04891
IRS990/OtherRevenueTotalAmt04891
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt08627
IRS990/OtherSalariesAndWagesGrp/TotalAmt08627
IRS990/PartialLiquidationInd0false
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt046986
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt012368
IRS990/PoliciesReferenceChaptersInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt037981
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt020886
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0541800
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc1ANNUAL MEETING
IRS990/ProgramServiceRevenueGrp/Desc2CONTINUING EDUCATION
IRS990/ProgramServiceRevenueGrp/Desc3SERVICES AND ADMIN
IRS990/ProgramServiceRevenueGrp/Desc4MN PHARMACIST JOURNAL
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0169388
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt179975
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt255167
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt341876
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0169388
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt179975
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt255167
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt341876
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt415437
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt015437
IRS990/ProgSrvcAccomActy2Grp/Desc0MINNESOTA PHARMACISTS PUBLICATION - ENHANCES COMMUNICATION WITH MEMBERS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt068019
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt091522
IRS990/ProgSrvcAccomActy3Grp/Desc0CONTINUING EDUCATION - FOSTERS AND DEVELOPS THE PROFESSION OF PHARMACY.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt054570
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt055167
IRS990/ProgSrvcAccomActyOtherGrp/Desc0MEMBER SERVICES AND ACTIVITIES - SUPPORTS MEMBERS IN THE PHARMACY PROFESSION; 202,281. LOBBYING - WORKS WITH FEDERAL, STATE AND LOCAL GOVERNMENT OFFICES AND AGENCIES TO ADVANCE PHARMACY'S POSITION ON RELATIVE LEGISLATIVE ISSUES, 25. DEFENSE FUND - LOBBYING EFFORTS PAID BY CONTRIBUTORS; 49,284.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0251590
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0167965
IRS990/PYInvestmentIncomeAmt0-7063
IRS990/PYOtherExpensesAmt0618954
IRS990/PYOtherRevenueAmt03990
IRS990/PYProgramServiceRevenueAmt0554189
IRS990/PYRevenuesLessExpensesAmt0-29547
IRS990/PYSalariesCompEmpBnftPaidAmt0129674
IRS990/PYTotalExpensesAmt0748628
IRS990/PYTotalRevenueAmt0719081
IRS990/ReconcilationRevenueExpnssAmt0-100527
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt079975
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/OnlyInHouseLobbyingInd0false
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0167729
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt188196
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt252042
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SHORT TERM BANK LOAN
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1OFFICE LOAN PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2BANK LINE OF CREDIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3ACCRUED EXPENSES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4ACCRUED PAYROLL TAXES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5NOTE PAYABLE, BANK
IRS990ScheduleD/TotalLiabilityAmt0307967
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBER SERVICES AND ACTIVITIES - SUPPORTS MEMBERS IN THE PHARMACY PROFESSION; 202,281. LOBBYING - WORKS WITH FEDERAL, STATE AND LOCAL GOVERNMENT OFFICES AND AGENCIES TO ADVANCE PHARMACY'S POSITION ON RELATIVE LEGISLATIVE ISSUES, 25. DEFENSE FUND - LOBBYING EFFORTS PAID BY CONTRIBUTORS; 49,284.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL MEMEBERS MAY VOTE FOR BOARD OFFICERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL DECISIONS ARE SUBJECT TO BOARD APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3YES, THERE ARE WRITTEN POLICIES FOR THE CHAPTERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5INDEPENDENT FACTORS REVIEWED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6INDEPENDENT REVIEWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 10B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToProxyTaxInd0true
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0187304
IRS990/TotalAssetsEOYAmt067525
IRS990/TotalAssetsGrp/BOYAmt0187304
IRS990/TotalAssetsGrp/EOYAmt067525
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0121715
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0138204
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0450781
IRS990/TotalFunctionalExpensesGrp/TotalAmt0588985
IRS990/TotalGrossUBIAmt015437
IRS990/TotalLiabilitiesBOYAmt0342326
IRS990/TotalLiabilitiesEOYAmt0323074
IRS990/TotalLiabilitiesGrp/BOYAmt0342326
IRS990/TotalLiabilitiesGrp/EOYAmt0323074
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-155022
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-255549
IRS990/TotalOtherProgSrvcExpenseAmt0251590
IRS990/TotalProgramServiceExpensesAmt0450781
IRS990/TotalProgramServiceRevenueAmt0361843
IRS990/TotalRevenueGrp/ExclusionAmt09
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0351297
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0488458
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt015437
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0187304
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt067525
IRS990/TravelGrp/ManagementAndGeneralAmt04484
IRS990/TravelGrp/TotalAmt04484
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-155022
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-255549

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.82$0.28$2.54$4.26$2.52$1.74
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.97$0.17$0.80$4.53$4.01$0.53
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.57$0.30$0.27$4.27$4.60$0.32
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.81$0.21$0.60$3.63$3.96$0.33
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.40$0.47$0.93$3.54$4.37$0.82
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.97$0.22$1.75$4.77$5.15$0.38
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.57$0.44$2.13$5.08$4.72$0.36
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.46$0.47$0.99$5.55$4.12$1.43
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.92$1.36$0.44$4.99$3.85$1.15
2014Detailed filing. Detailed filing data is available for this year.$0.86$2.44$1.59$5.23$4.26$0.97
2013Detailed filing. Detailed filing data is available for this year.$0.68$3.23$2.56$4.88$5.89$1.01
2012Summary only. Only limited summary data is available for this year.$1.87$3.42$1.55$7.19$7.49$0.30
2011Summary only. Only limited summary data is available for this year.$1.66$2.91$1.25$8.04$8.71$0.67