Civic Intelligence

Arkansas Pharmacy Foundation

990 • Fiscal year 2016 • EIN 71-0782103

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 15, 2017

417 South VictoryLittle Rock, AR 72201

(501) 372-5250

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

55th percentile

0.00x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

93rd percentile

53%

Higher net margin than 93% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

78th percentile

$5,400

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 2.8% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

89th percentile

76%

Faster asset growth than 89% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

97th percentile

231%

Faster revenue growth than 97% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$239,222

Up $103,093 (+76%) from 2015

Net Assets

Up

$239,222

Up $103,093 (+76%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Up

$194,393

Up $135,725 (+231%) from 2015

Expenses

Up

$91,300

Up $77,403 (+557%) from 2015

Net Income

Up

$103,093

Up $58,322 (+130%) from 2015

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2010: $68,820Liabilities 2010: $0Net Assets 2010: $68,8202010Assets 2011: $129,110Liabilities 2011: $0Net Assets 2011: $129,1102011Assets 2012: $96,773Liabilities 2012: $0Net Assets 2012: $96,7732012Assets 2013: $119,820Liabilities 2013: $7,248Net Assets 2013: $112,5722013Assets 2014: $91,358Liabilities 2014: $0Net Assets 2014: $91,3582014Assets 2015: $136,129Liabilities 2015: $0Net Assets 2015: $136,1292015Assets 2016: $239,222Liabilities 2016: $0Net Assets 2016: $239,2222016Assets 2017: $116,887Liabilities 2017: $0Net Assets 2017: $116,8872017Assets 2018: $115,762Liabilities 2018: $0Net Assets 2018: $115,7622018Assets 2019: $112,357Liabilities 2019: $0Net Assets 2019: $112,3572019Assets 2020: $703,741Liabilities 2020: $0Net Assets 2020: $703,7412020Assets 2021: $451,236Liabilities 2021: $5,000Net Assets 2021: $446,2362021Assets 2022: $460,287Liabilities 2022: $217Net Assets 2022: $460,0702022Assets 2023: $390,192Liabilities 2023: $0Net Assets 2023: $390,1922023Assets 2024: $341,506Liabilities 2024: $0Net Assets 2024: $341,5062024

Highlighted filing

2016

Assets$239,222
Liabilities$0
Net Assets$239,222

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $218,4582010Expenses 2011: $27,4852011Expenses 2012: $183,9302012Revenue 2013: $25,002Expenses 2013: $9,203Net Income 2013: $15,7992013Revenue 2014: $81,801Expenses 2014: $103,015Net Income 2014: -$21,2142014Revenue 2015: $58,668Expenses 2015: $13,897Net Income 2015: $44,7712015Revenue 2016: $194,393Expenses 2016: $91,300Net Income 2016: $103,0932016Revenue 2017: $105,317Expenses 2017: $227,652Net Income 2017: -$122,3352017Revenue 2018: $31,442Expenses 2018: $32,567Net Income 2018: -$1,1252018Revenue 2019: $4,182Expenses 2019: $7,587Net Income 2019: -$3,4052019Revenue 2020: $561,544Expenses 2020: $5,162Net Income 2020: $556,3822020Revenue 2021: $112,386Expenses 2021: $306,652Net Income 2021: -$194,2662021Revenue 2022: $564,759Expenses 2022: $550,925Net Income 2022: $13,8342022Revenue 2023: $709,343Expenses 2023: $779,221Net Income 2023: -$69,8782023Revenue 2024: $211,062Expenses 2024: $259,748Net Income 2024: -$48,6862024

Highlighted filing

2016

Revenue$194,393
Expenses$91,300
Net Income$103,093
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 15, 2017
Return Version
2016v3.1
Gross Receipts
$206,450
Mission and Program Overview

Mission

Promote profession of pharmacy in the state of arkansas.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$106,129$209,222▲ $103,093
Prepaid Expenses and Deferred Charges$30,000$30,000→ $0
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$136,129$239,222▲ $103,093
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$136,129$239,222▲ $103,093
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$136,129$239,222▲ $103,093
Total Liabilities and Net Assets / Fund Balance$136,129$239,222▲ $103,093

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$9,378$9,378
Compensation and Service Providers

Employees

NameTitleOtherTotal
Eddie GloverDirector$5,400$5,400

Board Members and Trustees

NameTitle
Dennis MooreChairman
STEPHANIE O'NEALChairman-elect
Mike SmetsPast Chairman
Gary BassVice Chairman
Billy GammelDirector
Dana WoodsDirector
David SmithDirector
Don CurranDirector
Gary ButlerDirector
Gary FancherDirector
Mark RileyDirector
Michael SmithDirector
Paul HolifieldDirector
Wayne PadgettDirector
Brandon CooperSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$159,050
Program Service Revenue
$34,430
Investment Income
$0
Other Revenue
$913
All Other Contributions
$150,000
Change in Net Assets
$103,093
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$84,412
Grants and Similar Amounts Paid$6,888
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$6,888--$6,888
Fees for Services Accounting$0$1,725$0$1,725
Other Expenses$0$6$0$6
Total Functional Expenses$89,569$1,731$0$91,300
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$12,970
Fundraising Direct Expenses$12,057
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6

The arkansas pharmacists association officers & directors are members of the arkansas pharmacy foundation and they meet annually.

Form 990, Part VI, Line 7A

The members of the foundation elect the members of the foundations governing body.

Form 990, Part VI, Line 11

The form 990 is reviewed by the executive vice president and the treasurer prior to filing. The filed returns are made available to the board.

Form 990, Part VI, Line 12C

At the board meetings, the conflict of interest policy is reviewed and members are asked to disclose any interest that could give rise to a conflict. The conflict of interest policy is also reviewed at the boards annual retreat and new member orientation.

Form 990, Part VI, Line 19

Financial statements, tax returns and other governing documents are available to members upon request and to the public if required by law. The form 990 is reviewed by the executive vice president and the treasurer prior to filing. The filed returns are made available to the board.

Filing and Contact Details

Filer

Filer Name
Arkansas Pharmacy Foundation
EIN
71-0782103
In Care Of
% CELESTE REID
Phone
5013725250
Address
417 SOUTH VICTORY, LITTLE ROCK, AR 72201

Signing Officer

Name
Scott Pace
Title
CEO
Phone
5013725250
Signed
2017-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Scott Pace
Formed
1997
Legal Domicile
Ar
Voting Board Members
16
Independent Board Members
16
Employees
0
Volunteers
16

Preparer

Firm
Bkd Llp
Address
PO BOX 3667, LITTLE ROCK, AR 72203-3667
Preparer
Stacey Atchison
Phone
5013721040
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IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0206450
IRS990/GrossSalesOfInventoryAmt00
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt016
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt09378
IRS990/LandBldgEquipCostOrOtherBssAmt09378
IRS990/LegalDomicileStateCd0AR
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt08050
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROMOTE PROFESSION OF PHARMACY IN THE STATE OF ARKANSAS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt0136129
IRS990/NetAssetsOrFundBalancesEOYAmt0239222
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0913
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0913
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0CE IN PARADISE
IRS990/OtherExpensesGrp/Desc1SERVICE CONTRACTS
IRS990/OtherExpensesGrp/Desc2BANK CHARGES
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt26
IRS990/OtherExpensesGrp/ProgramServicesAmt069556
IRS990/OtherExpensesGrp/ProgramServicesAmt113125
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/TotalAmt069556
IRS990/OtherExpensesGrp/TotalAmt113125
IRS990/OtherExpensesGrp/TotalAmt26
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt00
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt030000
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt030000
IRS990/PrincipalOfficerNm0SCOTT PACE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0616000
IRS990/ProgramServiceRevenueGrp/Desc0CONTINUING EDUCATION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt034430
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt034430
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt022513
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt07172
IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt06725
IRS990/PYOtherRevenueAmt0-6663
IRS990/PYProgramServiceRevenueAmt042818
IRS990/PYRevenuesLessExpensesAmt044771
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt013897
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt058668
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0103093
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt034430
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0159050
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt022513
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt014330
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt018939
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt015958
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0230790
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt016
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt043
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt022
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt081
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt034430
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt042818
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt069110

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.42$0.00$3.42$2.11$2.60$0.49
2023Detailed filing. Detailed filing data is available for this year.$3.90$0.00$3.90$7.09$7.79$0.70
2022Detailed filing. Detailed filing data is available for this year.$4.60$0.00$4.60$5.65$5.51$0.14
2021Detailed filing. Detailed filing data is available for this year.$4.51$0.05$4.46$1.12$3.07$1.94
2020Detailed filing. Detailed filing data is available for this year.$7.04$0.00$7.04$5.62$0.05$5.56
2019Detailed filing. Detailed filing data is available for this year.$1.12$0.00$1.12$0.04$0.08$0.03
2018Detailed filing. Detailed filing data is available for this year.$1.16$0.00$1.16$0.31$0.33$0.01
2017Detailed filing. Detailed filing data is available for this year.$1.17$0.00$1.17$1.05$2.28$1.22
2016Detailed filing. Detailed filing data is available for this year.$2.39$0.00$2.39$1.94$0.91$1.03
2015Detailed filing. Detailed filing data is available for this year.$1.36$0.00$1.36$0.59$0.14$0.45
2014Detailed filing. Detailed filing data is available for this year.$0.91$0.00$0.91$0.82$1.03$0.21
2013Detailed filing. Detailed filing data is available for this year.$1.20$0.07$1.13$0.25$0.09$0.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.97$0.00$0.97$1.84
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.29$0.00$1.29$0.27
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.69$0.00$0.69$2.18