Civic Intelligence

American Pharmacists Association

EIN 52-6039142 • 501(c)3 • Washington, DC

Profile

The mission of the APhA Foundation is to improve people's health through Pharmacists' patient care services. The APhA Foundation looks to create a new medication use system where patients, pharmacists, physicians and other health care professional collaborate to dramatically improve the cost effectiveness and quality of patient health outcomes.

2215 Constitution Ave NWWashington, DC 20037

www.aphafoundation.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

58th percentile

0.26x

Higher debt load relative to assets than 58% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

73rd percentile

0.64x

Higher debt load relative to revenue than 73% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

56th percentile

7.1%

Higher net margin than 56% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

32nd percentile

-0.1%

Faster asset growth than 32% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

6th percentile

-39%

Faster revenue growth than 6% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Down

$11,501,663

Down $8,785 (-0.1%) from 2023

Liabilities

Down

$2,949,556

Down $636,174 (-18%) from 2023

Net Assets

Up

$8,552,107

Up $627,389 (+7.9%) from 2023

Revenue

Down

$4,608,616

Down $3,002,494 (-39%) from 2023

Expenses

Down

$4,280,522

Down $2,094,297 (-33%) from 2023

Net Income

Down

$328,094

Down $908,197 (-73%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2010: $8,319,380Liabilities 2010: $2,163,208Net Assets 2010: $6,156,1722010Assets 2011: $8,094,281Liabilities 2011: $1,982,081Net Assets 2011: $6,112,2002011Assets 2012: $8,146,701Liabilities 2012: $2,036,737Net Assets 2012: $6,109,9642012Assets 2013: $7,310,630Liabilities 2013: $922,686Net Assets 2013: $6,387,9442013Assets 2014: $6,511,506Liabilities 2014: $856,529Net Assets 2014: $5,654,9772014Assets 2015: $5,723,290Liabilities 2015: $1,277,496Net Assets 2015: $4,445,7942015Assets 2016: $5,812,188Liabilities 2016: $1,435,110Net Assets 2016: $4,377,0782016Assets 2017: $6,007,046Liabilities 2017: $1,328,242Net Assets 2017: $4,678,8042017Assets 2018: $4,879,821Liabilities 2018: $693,579Net Assets 2018: $4,186,2422018Assets 2019: $5,798,217Liabilities 2019: $350,188Net Assets 2019: $5,448,0292019Assets 2020: $6,086,712Liabilities 2020: $349,030Net Assets 2020: $5,737,6822020Assets 2021: $7,176,985Liabilities 2021: $658,369Net Assets 2021: $6,518,6162021Assets 2022: $9,514,594Liabilities 2022: $3,281,705Net Assets 2022: $6,232,8892022Assets 2023: $11,510,448Liabilities 2023: $3,585,730Net Assets 2023: $7,924,7182023Assets 2024: $11,501,663Liabilities 2024: $2,949,556Net Assets 2024: $8,552,1072024

Highlighted filing

2024

Assets$11,501,663
Liabilities$2,949,556
Net Assets$8,552,107

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10M$5.0M$0-$5.0MExpenses 2010: $1,567,2142010Expenses 2011: $2,548,9742011Expenses 2012: $2,343,0482012Revenue 2013: $2,796,191Expenses 2013: $2,673,992Net Income 2013: $122,1992013Revenue 2014: $1,620,284Expenses 2014: $2,260,407Net Income 2014: -$640,1232014Revenue 2015: $1,100,233Expenses 2015: $2,179,849Net Income 2015: -$1,079,6162015Revenue 2016: $1,457,894Expenses 2016: $1,693,990Net Income 2016: -$236,0962016Revenue 2017: $1,748,794Expenses 2017: $1,640,653Net Income 2017: $108,1412017Revenue 2018: $1,906,410Expenses 2018: $2,055,978Net Income 2018: -$149,5682018Revenue 2019: $3,458,422Expenses 2019: $2,704,507Net Income 2019: $753,9152019Revenue 2020: $2,193,663Expenses 2020: $2,162,287Net Income 2020: $31,3762020Revenue 2021: $2,699,027Expenses 2021: $2,195,112Net Income 2021: $503,9152021Revenue 2022: $3,830,801Expenses 2022: $3,193,910Net Income 2022: $636,8912022Revenue 2023: $7,611,110Expenses 2023: $6,374,819Net Income 2023: $1,236,2912023Revenue 2024: $4,608,616Expenses 2024: $4,280,522Net Income 2024: $328,0942024

Highlighted filing

2024

Revenue$4,608,616
Expenses$4,280,522
Net Income$328,094

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.5$2.95$8.55$4.61$4.28$0.33
2023Summary only. Only limited summary data is available for this year.$11.5$3.59$7.92$7.61$6.37$1.24
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.51$3.28$6.23$3.83$3.19$0.64
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.18$0.66$6.52$2.70$2.20$0.50
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.09$0.35$5.74$2.19$2.16$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.80$0.35$5.45$3.46$2.70$0.75
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.88$0.69$4.19$1.91$2.06$0.15
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.01$1.33$4.68$1.75$1.64$0.11
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.81$1.44$4.38$1.46$1.69$0.24
2015Detailed filing. Detailed filing data is available for this year.$5.72$1.28$4.45$1.10$2.18$1.08
2014Detailed filing. Detailed filing data is available for this year.$6.51$0.86$5.65$1.62$2.26$0.64
2013Detailed filing. Detailed filing data is available for this year.$7.31$0.92$6.39$2.80$2.67$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.15$2.04$6.11$2.34
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.09$1.98$6.11$2.55
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.32$2.16$6.16$1.57
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 9, 2023
Return Version
2022v5.0
Gross Receipts
$3,852,622
Mission and Program Overview

Mission

The mission of the apha foundation is to improve health by inspiring philanthropy, research and innovation that advances pharmacists' patient care services. The apha foundation looks to create a new medication use system where patients, pharmacists, physicians and other health care professionals collaborate to dramatically improve the cost effectiveness and quality of patient health outcomes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$5,346,836$4,559,863▼ $786,973
Savings and Temporary Cash Investments$1,080,865$4,134,082▲ $3,053,217
Pledges and Grants Receivable$504,990$575,563▲ $70,573
Accounts Receivable$182,973$195,674▲ $12,701
Prepaid Expenses and Deferred Charges$59,933$26,965▼ $32,968
Land, Buildings, and Equipment, Net$1,388$22,447▲ $21,059
Total Assets$7,176,985$9,514,594▲ $2,337,609
Liabilities
Deferred Revenue$301,651$2,763,044▲ $2,461,393
Accounts Payable and Accrued Expenses$190,846$445,570▲ $254,724
Other Liabilities$165,872$73,091▼ $92,781
Total Liabilities$658,369$3,281,705▲ $2,623,336
Net Assets / Fund Balance
Net Assets With Donor Restrictions$5,767,138$5,468,160▼ $298,978
Net Assets Without Donor Restrictions$751,478$764,729▲ $13,251
Total Net Assets Fund Balance$6,518,616$6,232,889▼ $285,727
Total Liabilities and Net Assets / Fund Balance$7,176,985$9,514,594▲ $2,337,609

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$22,447$330,763$353,210
Other Land Buildings$0$60,227$60,227

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$4,991,477$582,257▼ $691,926$92,360$4,789,448
2021$4,531,525$49,248▲ $484,684$73,980$4,991,477
2020$3,943,545$298,051▲ $362,445$72,516$4,531,525
2019$2,544,176$981,044▲ $516,609$98,284$3,943,545
2018$2,606,825$198,782▼ $178,502$82,929$2,544,176
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Benjamin BlumlSVP of Research/exec Director (beg 7/22)FT$229,939$85,397$315,336
Jason SapiaDirector of DevelopmentFT$132,240$39,833$172,073
Barry BuntingProject Management SpecialistFT$111,446$40,050$151,496
Jonathan LittleResearch & Innovation Proj Mgmt SpecFT$120,794$30,642$151,436

Board Members and Trustees

NameTitle
Anjanette WyattPresident (beg 3/22)
Steve SimensonPresident (thru 3/22)
Elizabeth JohnsonVice President
John GrabensteinDirector
Mallory WardDirector
Nancy AlvarezDirector (beg 3/22)
Laura CarpenterDirector (thru 3/22)
Mitch RothholzExecutive Director (thru 6/22)
Ilisa BernsteinSecretary (beg 6/22)
Scott KnoerSecretary (thru 6/22)
Gary KadlecTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
The Root Cause INCConsulting1312 MILLS COURT, Allen, TX 75013$145,105
Infinitera INCTechnology Development ConsultingPO BOX 2020, Boulder, CO 80306$139,046
National Community Pharmacists AssociatiEducation Services100 DAINGERFIELD ROAD, Alexandria, VA 22314$130,500
Nicole Scovis Dba Clinical Pharmacy InnoConsulting6533 E ELI DRIVE, Tucson, AZ 85710$107,061
Revenue and Support

Revenue Composition

Contributions and Grants
$3,667,955
Program Service Revenue
$0
Investment Income
$152,911
Other Revenue
$9,935
All Other Contributions
$1,693,811
Change in Net Assets
$636,891

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,813,639
Revenue Not Reported on Financial Statements
$17,162
Revenue Not Reported on Form 990
$-922,618
Total Revenue per Audited Statements
$2,891,021
Total Revenue per Form 990
$3,830,801
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,024,357
Salaries, Compensation, and Employee Benefits$1,095,683
Total Fundraising Expense$441,093
Grants and Similar Amounts Paid$73,870
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$1,454,969$46,229$46,820$1,548,018
Other Salaries and Wages$312,902$138,415$215,748$667,065
Current Officers, Directors, Trustees, and Key Employees$315,335--$315,335
Grants to Domestic Individuals$73,870--$73,870
Payroll Taxes$40,116$9,844$15,346$65,306
Conferences and Meetings$14,747$3,475$45,220$63,442
Office Expenses$1,058$8,618$50,898$60,574
Fees for Services Legal-$31,775$12,369$44,144
Travel$17,724$13,181$12,798$43,703
Fees for Services Accounting$12,000$16,570-$28,570
Other Employee Benefits$2,425$-756$23,359$25,028
All Other Expenses$18,395$1,751$4,716$24,862
Pension Plan Contributions$9,495$2,383$11,071$22,949
Other Expenses$20,459$450-$20,909
Insurance-$17,844-$17,844
Fees for Service Investment Mgmnt Fees-$17,162-$17,162
Depreciation Depletion-$31$2,748$2,779
Total Functional Expenses$2,293,495$459,322$441,093$3,193,910

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$3,193,910
Expenses per Audited Statements$3,176,748
Total Expenses per Audited Statements$3,176,748
Expenses Not Reported on Financial Statements$17,162
Expenses Not Reported on Form 990$0
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliate$73,091
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The members of the foundation are the board of directors of the foundation and the members of the board of trustees of the american pharmacists association.

Form 990, Part VI, Section A, Line 7A

The foundation's board shall be appointed by the members of the board of trustees of the american pharmacists association.

Form 990, Part VI, Section B, Line 11B

The board of directors reviews the form 990 before it is filed.

Form 990, Part VI, Section B, Line 12C

The conflict of interest policy is reviewed and signed by all the board of directors annually. The foundation executive director reviews any business transactions (compensation/services rendered) with board members and this information, if any, is disclosed to the foundation's legal counsel. Legal counsel discloses this information during the executive session of the board of directors meetings.

Form 990, Part VI, Section B, Line 15A

The foundation board of directors approves the top management official's employment contract. The compensation in the employment contract was determined through comparability analysis conducted by an independent consultant.

Form 990, Part VI, Section C, Line 19

The organization makes its articles of incorporation, bylaws, conflict of interest policy, and audited financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
American Pharmacists Association
EIN
52-6039142
Phone
2026284410
Address
2215 CONSTITUTION AVE NW, WASHINGTON, DC 20037
Doing Business As
Apha Foundation

Signing Officer

Name
Benjamin Bluml
Title
Executive Director
Phone
2026284410
Signed
2023-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Benjamin Bluml
Formed
1953
Legal Domicile
Dc
Voting Board Members
7
Independent Board Members
6
Employees
0
Volunteers
50

Preparer

Firm
Rsm US Llp
Address
1250 H STREET SUITE 700, WASHINGTON, DC 20005
Preparer
Meredith Bell
Phone
2022932200
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Miscellaneous: program service expenses 1,454,969. Management and general expenses 46,229. Fundraising expenses 46,820. Total expenses 1,548,018.

Form 990, Part XII, Line 2C

Oversight of audit has not changed from prior year.

Financial Statement Notes

PART III, LINE 1A:

The foundation acquired an art collection with an appraised value of approximately $1,300,000 through a donor contribution in a prior year. The collection was received with a permanent donor restriction that the collection cannot and should not be sold. In 2009, the foundation commissioned two bronze sculptures which depict the roles of pharmacists. The cost to create these sculptures was approximately $120,000. The foundation's collections are held for public exhibition, are cared for and preserved, and proceeds from de-accessions or insurance recoveries for lost or damaged collection items are designated for future collection acquisitions. Under authoritative guidance issued by the financial accounting standards board (fasb), the foundation has the option of not capitalizing its collections. The foundation has elected not to capitalize its collections, and accordingly, these collections are not recognized as assets in the accompanying statements of financial position. Purchase of collection items are recognized as reduction in non-donor-restricted net assets in the period of acquisition.

PART III, LINE 4:

The art collection, titled "great moments in pharmacy," provides a pictorial history of pharmacy from early civilization until the 1950's through a series of 40 paintings painted by the artist robert thom. The foundation's articles of incorporation state that "the particular business and objects of said corporation shall be to receive gifts, bequests and devices or property and otherwise to acquire property, real and personal, of whatsoever nature and wheresoever the same may be situate to be used exclusively for the advancement of the science of pharmacy and pharmaceutical education...". The display of this collection furthers the foundation's educational purposes as it is available to all visitors to the headquarters building. Reproduction rights to the images have been granted for use in text books and other scholarly books.

PART V, LINE 4:

The foundation's permanently restricted net assets are used to generate revenue to support the ongoing management and administration of programs.

Raw XML AppendixShowing 400 of 843 raw XML fields

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

Path#Value
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IRS990/ActivityOrMissionDesc0THE MISSION OF THE APHA FOUNDATION IS TO IMPROVE HEALTH BY INSPIRING PHILANTHROPY, RESEARCH AND INNOVATION THAT ADVANCES PHARMACISTS' PATIENT CARE SERVICES. THE APHA FOUNDATION LOOKS TO CREATE A NEW MEDICATION USE SYSTEM WHERE PATIENTS, PHARMACISTS, PHYSICIANS AND OTHER HEALTH CARE PROFESSIONALS COLLABORATE TO DRAMATICALLY IMPROVE THE COST EFFECTIVENESS AND QUALITY OF PATIENT HEALTH OUTCOMES.
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IRS990/Desc0SCIENCE AND RESEARCH - OUR RESEARCH PROJECTS ESTABLISH NEW MODELS OF PRACTICE FOR PHARMACISTS AND REDEFINE PATIENTS HEALTHCARE EXPERIENCE. WE CONNECT EACH PATIENT TO A PHARMACIST WHO EMPOWERS THEM TO BECOME SUCCESSFUL IN MANAGING HIS OR HER OWN HEALTH. OUR WORK VALIDATED THAT THE PHARMACISTS ARE ESSENTIAL TO HELPING PATIENTS ACHIEVE BETTER HEALTH OUTCOMES. THE FOUNDATION RESEARCH PROJECTS INCLUDE IMMUNIZATION REGISTRIES, DIABETES PATIENT CREDENTIALING, DIABETES PREVENTION, RAPID CYCLE INNOVATION, TRIGLYCERIDES AWARENESS AND IMPACT INSTITUTE.
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IRS990/Form990PartVIISectionAGrp/TitleTxt13RESEARCH & INNOVATION PROJ MGMT SPEC
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IRS990/MissionDesc0THE MISSION OF THE APHA FOUNDATION IS TO IMPROVE HEALTH BY INSPIRING PHILANTHROPY, RESEARCH AND INNOVATION THAT ADVANCES PHARMACISTS' PATIENT CARE SERVICES. THE APHA FOUNDATION LOOKS TO CREATE A NEW MEDICATION USE SYSTEM WHERE PATIENTS, PHARMACISTS, PHYSICIANS AND OTHER HEALTH CARE PROFESSIONALS COLLABORATE TO DRAMATICALLY IMPROVE THE COST EFFECTIVENESS AND QUALITY OF PATIENT HEALTH OUTCOMES.
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IRS990/ProgSrvcAccomActy2Grp/Desc0AWARDS AND GRANTS - TO ENCOURAGE THE ENHANCEMENT OF PHARMACISTS SKILLS AND TO PROVIDE BETTER SERVICE TO THE PUBLIC IN THE AREA OF PHARMACEUTICAL CARE. THE FOUNDATION HAS THREE AWARD PROGRAMS: 1. INCENTIVE GRANTS - PROVIDES SEED FUNDING TO PHARMACISTS WHO WANT TO ESTABLISH OR SUPPORT ALREADY EXISTING PATIENT CARE SERVICES WITHIN THEIR PHARMACY PRACTICE.2. PINNACLE AWARDS - ANNUAL RECOGNITION PROGRAM FOR CONTRIBUTIONS TO HEALTHCARE QUALITY THROUGH THE MEDICATION USE PROCESS.3. STUDENT PHARMACISTS PROGRAM - RECOGNIZES STUDENTS WHO HELP SHAPE THE FUTURE OF THE PROFESSION.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
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