Civic Intelligence

Pharmacy Freedom Fund

EIN 75-2234880 • 501(c)6 • Fort Worth, TX

Profile

Trade assn.-pharmacy industry

1500 CienegasFort Worth, TX 76112

n/A

Siviq Scores

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

Liabilities / Assets

49th percentile

0.00x

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

501(c)6 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

51st percentile

0.00x

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

501(c)6 • <$500k nonprofits • Source year 2017

Net Margin

2nd percentile

-1354%

Higher net margin than 2% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2017

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

501(c)6 • <$500k nonprofits • Source year 2015

Asset Growth

31st percentile

-15%

Faster asset growth than 31% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

61st percentile

5.5%

Faster revenue growth than 61% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets49th percentile

Assets

Down

$263,098

Down $47,309 (-15%) from 2016

Liabilities

Flat

$0

Flat from 2016

Net Assets

-

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue51st percentileNet Margin2nd percentile

Revenue

Up

$3,495

Up $183 (+5.5%) from 2016

Expenses

Down

$50,804

Down $150,078 (-75%) from 2016

Net Income

Up

-$47,309

Up $150,261 (+76%) from 2016

Trend Graphs

Balance Sheet Trend

Asset Growth31st percentile

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

$600K$400K$200K$0Assets 2011: $510,935Liabilities 2011: $0Net Assets 2011: $510,9352011Assets 2012: $510,436Liabilities 2012: $0Net Assets 2012: $510,4162012Assets 2013: $509,929Liabilities 2013: $0Net Assets 2013: $509,9292013Assets 2014: $507,650Liabilities 2014: $0Net Assets 2014: $507,6502014Assets 2015: $507,977Liabilities 2015: $0Net Assets 2015: $507,9772015Assets 2016: $310,407Liabilities 2016: $02016Assets 2017: $263,098Liabilities 2017: $02017

Highlighted filing

2017

Assets$263,098
Liabilities$0
Net Assets-
Open 2017 Filing

Operations Trend

Revenue Growth61st percentile

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

$300K$200K$100K$0-$100K-$200KRevenue 2011: $867Expenses 2011: $107,154Net Income 2011: -$106,2872011Revenue 2012: $702Expenses 2012: $1,221Net Income 2012: -$5192012Revenue 2013: $699Expenses 2013: $1,186Net Income 2013: -$4872013Revenue 2014: $699Expenses 2014: $2,978Net Income 2014: -$2,2792014Revenue 2015: $1,872Expenses 2015: $1,545Net Income 2015: $3272015Revenue 2016: $3,312Expenses 2016: $200,882Net Income 2016: -$197,5702016Revenue 2017: $3,495Expenses 2017: $50,804Net Income 2017: -$47,3092017

Highlighted filing

2017

Revenue$3,495
Expenses$50,804
Net Income-$47,309
Open 2017 Filing

Filings

Most recent year

2017 • Form 990EZSummary only. Only limited summary data is available for this year.

Open filing
Assets
$263,098
Liabilities
$0
Net assets
-
Revenue
$3,495
Expenses
$50,804
Net income
-$47,309
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2017Summary only. Only limited summary data is available for this year.$2.63$0.00$0.03$0.51$0.47
2016Summary only. Only limited summary data is available for this year.$3.10$0.00$0.03$2.01$1.98
2015Summary only. Only limited summary data is available for this year.$5.08$0.00$5.08$0.02$0.02$0.00
2014Detailed filing. Detailed filing data is available for this year.$5.08$0.00$5.08$0.01$0.03$0.02
2013Detailed filing. Detailed filing data is available for this year.$5.10$0.00$5.10$0.01$0.01$0.00
2012Summary only. Only limited summary data is available for this year.$5.10$0.00$5.10$0.01$0.01$0.01
2011Summary only. Only limited summary data is available for this year.$5.11$0.00$5.11$0.01$1.07$1.06
Latest Detailed Filing

The latest 2017 filing currently has summary financial data only. Showing the latest detailed filing from 2014 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Apr 29, 2015
Return Version
2014v5.0
Gross Receipts
$699
Mission and Program Overview

Mission

Trade association - pharmacy industry. Promotion and education of and within the pharmacy industry and to preserve pharmacy patients' freedom of choice in selecting providers of pharmacy service

Trade assn.-pharmacy industry promotion and education of and within the pharmacy industry & to preserve pharmacy patients' freedom of choice in selecting providers of pharmacy service

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$342,547$343,231▲ $684
Cash and Non-Interest-Bearing Accounts$167,382$164,419▼ $2,963
Total Assets$509,929$507,650▼ $2,279
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$509,929$507,650▼ $2,279
Total Net Assets Fund Balance$509,929$507,650▼ $2,279
Total Liabilities and Net Assets / Fund Balance$509,929$507,650▼ $2,279
Compensation and Service Providers
Top Officer Pay77th percentile

Board Members and Trustees

NameTitle
Barry GolinPresident
Bob OsterhausDirector
Holly Whitcomb HenryDirector
Jim SchifferDirector
Joe H HarmisonDirector
Joseph P LechDirector
Kerry a PrickettDirector
Ron KeilDirector
Robert a GudeDirector Emeritus
Lonnie HollingsworthSecy-treas.
Hazel PipkinVice Pres.
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$699
Other Revenue
$0
Change in Net Assets
$-2,279
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,978
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$0$1,888$0$1,888
Fees for Services Accounting$0$445$0$445
Total Functional Expenses$645$2,333$0$2,978
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
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
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Pharmacy Freedom Fund
EIN
75-2234880
Phone
8174920731
Address
1500 CIENEGAS, FORT WORTH, TX 76112

Signing Officer

Name
Robert a Gude
Title
Director
Phone
8174920731
Signed
2015-04-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert a Gude
Formed
1988
Legal Domicile
TX
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
0

Preparer

Firm
Spillar Mitcham Eaton & Bicknell Llp
Address
4304 AIRPORT FREEWAY SUITE 101, FORT WORTH, TX 76117
Preparer
Michael D Mitcham
Phone
8178775050
Supplemental Narrative

Additional Explanations

Pt VI, Line 6

“Organization is made up of members that elect board”

Pt VI, Line 7A

“Organization has members that elect directors”

Pt VI, Line 11B

“All directors have ability to review 990 when desired”

Pt VI, Line 15B

“Directors have ability to set salaries of officers”

Raw XML Appendix304 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.

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IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRES.
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL D MITCHAM
ReturnHeader/ReturnTs02015-05-11T15:08:59-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

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