Civic Intelligence

The Pharmaceutical Compliance

990 • Fiscal year 2018 • EIN 46-3312253

Jan 01, 2018 to Dec 31, 2018 • Filed on May 07, 2019

61 W 62nd Street Apt 9HNew York, NY 10023

(908) 524-3014

Siviq Scores

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

Liabilities / Assets

45th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

45th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Net Margin

12th percentile

-23%

Higher net margin than 12% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2018

Asset Growth

7th percentile

-42%

Faster asset growth than 7% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

24th percentile

-12%

Faster revenue growth than 24% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Flat

$73,091

Flat from 2018

Net Assets

Flat

$73,091

Flat from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Flat

$226,260

Flat from 2018

Expenses

Flat

$278,498

Flat from 2018

Net Income

Flat

-$52,238

Flat from 2018

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2013: $8,043Liabilities 2013: $02013Assets 2014: $66,028Liabilities 2014: $0Net Assets 2014: $66,0282014Assets 2015: $105,578Liabilities 2015: $0Net Assets 2015: $105,5782015Assets 2016: $127,727Liabilities 2016: $0Net Assets 2016: $127,7272016Assets 2017: $125,329Liabilities 2017: $0Net Assets 2017: $125,3292017Assets 2018: $73,091Liabilities 2018: $0Net Assets 2018: $73,0912018Assets 2018: $73,091Liabilities 2018: $0Net Assets 2018: $73,0912018Assets 2019: $139,418Liabilities 2019: $0Net Assets 2019: $139,4182019Assets 2020: $222,133Liabilities 2020: $0Net Assets 2020: $222,1332020Assets 2021: $299,517Liabilities 2021: $0Net Assets 2021: $299,5172021Assets 2022: $495,147Liabilities 2022: $0Net Assets 2022: $495,1472022Assets 2023: $549,347Liabilities 2023: $0Net Assets 2023: $549,3472023Assets 2024: $586,962Liabilities 2024: $0Net Assets 2024: $586,9622024

Highlighted filing

2018

Assets$73,091
Liabilities$0
Net Assets$73,091

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2013: $29,681Expenses 2013: $21,638Net Income 2013: $8,0432013Revenue 2014: $250,400Expenses 2014: $192,415Net Income 2014: $57,9852014Revenue 2015: $195,400Expenses 2015: $155,850Net Income 2015: $39,5502015Revenue 2016: $245,350Expenses 2016: $223,201Net Income 2016: $22,1492016Revenue 2017: $258,425Expenses 2017: $260,823Net Income 2017: -$2,3982017Revenue 2018: $226,260Expenses 2018: $278,498Net Income 2018: -$52,2382018Revenue 2018: $226,260Expenses 2018: $278,498Net Income 2018: -$52,2382018Revenue 2019: $303,704Expenses 2019: $237,378Net Income 2019: $66,3262019Revenue 2020: $287,315Expenses 2020: $204,600Net Income 2020: $82,7152020Revenue 2021: $306,305Expenses 2021: $228,921Net Income 2021: $77,3842021Revenue 2022: $400,254Expenses 2022: $204,624Net Income 2022: $195,6302022Revenue 2023: $439,308Expenses 2023: $385,108Net Income 2023: $54,2002023Revenue 2024: $472,237Expenses 2024: $434,622Net Income 2024: $37,6152024

Highlighted filing

2018

Revenue$226,260
Expenses$278,498
Net Income-$52,238
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 7, 2019
Return Version
2018v3.1
Gross Receipts
$226,260
Mission and Program Overview

Mission

The mission of the pharmaceutical compliance forum, inc. Is to be the leading forum in the pharmaceutical industry for promoting excellence in the compliance profession and advancing effective compliance programs through solutions-oriented collaboration and innovative best practice sharing.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$125,329$73,091▼ $52,238
Total Assets$125,329$73,091▼ $52,238
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$125,329$73,091▼ $52,238
Total Net Assets Fund Balance$125,329$73,091▼ $52,238
Total Liabilities and Net Assets / Fund Balance$125,329$73,091▼ $52,238
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jeffrey KawalekChair
Joseph ZimmermanMembership C
Margaret SparksMembership C
Michael ClarkeMembership C
Sujata DayalSecretary
Jennifer McgeeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$226,260
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-52,238
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$263,498
Grants and Similar Amounts Paid$15,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$110,000--$110,000
Fees for Services Management$77,600$10,400-$88,000
Fees for Services Other$28,878--$28,878
Grants to Domestic Orgs$15,000--$15,000
Travel$13,203--$13,203
Fees for Services Legal-$8,409-$8,409
Information Technology$7,618$376-$7,994
Fees for Services Accounting-$1,635-$1,635
Other Expenses-$396-$396
Office Expenses-$50-$50
Total Functional Expenses$252,299$26,199$0$278,498
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Seton Hall Law SchoolNewark, NJ501c3Whitepaper Study$15,000
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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 6

Pcf has one class of members, designated as corporate members. Corporate memberships shall be conferred upon application and on compliance with the standards and requirements set forth in the by-laws, and approval by majority vote of the board of trustees.

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

Each corporate member shall have voting rights equal to all other corporate members. Each corporate member may cast its vote by any officer or agent of the corporate member. Each corporate member is entitled to one vote. The members of the board of trustees shall be elected by the corporate members entitled to vote at the annual business meeting of the members.

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

Any action required or permitted to be taken at a meeting of members may be taken without a meeting if all the members entitled to vote theron consent thereto in writing, except that in the case of any action to be taken relating to a merger, consolidation and sale of assets, the action may be taken without a meeting only (1) if all member consent thereto in writing; or (2) if (a) all members entitled to vote theron consent thereto in writing, (b) the corporation provides to all other members advance notification setting forth the proposed action consented to, (c) the proposed action is not consummated before the expiration of ten days after the giving of the notice, and (d) the notice sets forth the existence of the ten day period.

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

A copy of the 990 is provided to the board for review prior to filing.

Form 990, Page 6, Part VI, Line 19

Copies of governing documents are available upon request.

Filing and Contact Details

Filer

Filer Name
The Pharmaceutical Compliance
EIN
46-3312253
Phone
9085243014
Address
61 W 62ND STREET APT 9H, NEW YORK, NY 10023

Signing Officer

Name
Jeffrey Kawalek
Title
Chair
Phone
9084638750
Signed
2019-05-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeffrey Kawalek
Formed
2013
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
6

Preparer

Firm
Baden Gage & Schroeder LLC
Address
6920 POINTE INVERNESS WAY 300, FORT WAYNE, IN 46804-7926
Preparer
Linda K Wellman CPA
Phone
2604222551
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The mission of the pharmaceutical compliance forum, inc. Is to be the leading forum in the pharmaceutical industry for promoting excellence in the compliance profession and advancing effective compliance programs through solutions-oriented collaboration and innovative best practice sharing.

Form 990, Part IX, Line 11G

Consultant fees - meeting sup 28,878 0 0

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MISSION OF THE PHARMACEUTICAL COMPLIANCE FORUM, INC. IS TO BE THE LEADING FORUM IN THE PHARMACEUTICAL INDUSTRY FOR PROMOTING EXCELLENCE IN THE COMPLIANCE PROFESSION AND ADVANCING EFFECTIVE COMPLIANCE PROGRAMS THROUGH SOLUTIONS-ORIENTED COLLABORATION AND INNOVATIVE BEST PRACTICE SHARING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PCF HAS ONE CLASS OF MEMBERS, DESIGNATED AS CORPORATE MEMBERS. CORPORATE MEMBERSHIPS SHALL BE CONFERRED UPON APPLICATION AND ON COMPLIANCE WITH THE STANDARDS AND REQUIREMENTS SET FORTH IN THE BY-LAWS, AND APPROVAL BY MAJORITY VOTE OF THE BOARD OF TRUSTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH CORPORATE MEMBER SHALL HAVE VOTING RIGHTS EQUAL TO ALL OTHER CORPORATE MEMBERS. EACH CORPORATE MEMBER MAY CAST ITS VOTE BY ANY OFFICER OR AGENT OF THE CORPORATE MEMBER. EACH CORPORATE MEMBER IS ENTITLED TO ONE VOTE. THE MEMBERS OF THE BOARD OF TRUSTEES SHALL BE ELECTED BY THE CORPORATE MEMBERS ENTITLED TO VOTE AT THE ANNUAL BUSINESS MEETING OF THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANY ACTION REQUIRED OR PERMITTED TO BE TAKEN AT A MEETING OF MEMBERS MAY BE TAKEN WITHOUT A MEETING IF ALL THE MEMBERS ENTITLED TO VOTE THERON CONSENT THERETO IN WRITING, EXCEPT THAT IN THE CASE OF ANY ACTION TO BE TAKEN RELATING TO A MERGER, CONSOLIDATION AND SALE OF ASSETS, THE ACTION MAY BE TAKEN WITHOUT A MEETING ONLY (1) IF ALL MEMBER CONSENT THERETO IN WRITING; OR (2) IF (A) ALL MEMBERS ENTITLED TO VOTE THERON CONSENT THERETO IN WRITING, (B) THE CORPORATION PROVIDES TO ALL OTHER MEMBERS ADVANCE NOTIFICATION SETTING FORTH THE PROPOSED ACTION CONSENTED TO, (C) THE PROPOSED ACTION IS NOT CONSUMMATED BEFORE THE EXPIRATION OF TEN DAYS AFTER THE GIVING OF THE NOTICE, AND (D) THE NOTICE SETS FORTH THE EXISTENCE OF THE TEN DAY PERIOD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A COPY OF THE 990 IS PROVIDED TO THE BOARD FOR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COPIES OF GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CONSULTANT FEES - MEETING SUP 28,878 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
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IRS990/TravelGrp/ProgramServicesAmt013203
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IRS990/USAddress/CityNm0NEW YORK
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd010023
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IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JEFFREY KAWALEK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum09084638750
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE PHARMACEUTICAL COMPLIANCE
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FORUM INC
ReturnHeader/Filer/BusinessNameControlTxt0PHAR
ReturnHeader/Filer/EIN0463312253
ReturnHeader/Filer/PhoneNum09085243014
ReturnHeader/Filer/USAddress/AddressLine1Txt061 W 62ND STREET APT 9H
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
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ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0E8689E88706888A540ED6DE77CBC91E49210793C
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId08A73E682F1B656158531068CD07472A9799180C4
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0184.17.61.66
ReturnHeader/FilingSecurityInformation/IPDt02019-05-07
ReturnHeader/FilingSecurityInformation/IPTm007:21:50
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0351939627
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BADEN GAGE & SCHROEDER LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06920 POINTE INVERNESS WAY 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FORT WAYNE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0468047926
ReturnHeader/PreparerPersonGrp/PhoneNum02604222551
ReturnHeader/PreparerPersonGrp/PreparationDt02019-05-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LINDA K WELLMAN CPA
ReturnHeader/ReturnTs02019-05-09T16:33:27-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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