Civic Intelligence

Get the Medications Right Institute

EIN 82-3466837 • 501(c)4 • Vienna, VA

Profile

We bring critical stakeholders together, bound by the urgent need to optimize outcomes and reduce costs by getting the medications right.

8230 Old Courthouse Rd 420Vienna, VA 22182-3853

gtmr.org

Siviq Scores

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

Liabilities / Assets

75th percentile

0.06x

Higher debt load relative to assets than 75% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

91st percentile

0.49x

Higher debt load relative to revenue than 91% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Net Margin

4th percentile

-384%

Higher net margin than 4% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

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

501(c)4 • <$500k nonprofits • Source year 2024

Asset Growth

22nd percentile

-31%

Faster asset growth than 22% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

12th percentile

-67%

Faster revenue growth than 12% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$81,177

Down $36,268 (-31%) from 2023

Liabilities

Up

$4,934

Up $2,151 (+77%) from 2023

Net Assets

Down

$76,243

Down $38,419 (-34%) from 2023

Revenue

Down

$10,000

Down $19,927 (-67%) from 2023

Expenses

Down

$48,419

Down $73,095 (-60%) from 2023

Net Income

Up

-$38,419

Up $53,168 (+58%) from 2023

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2017: $5,000Liabilities 2017: $0Net Assets 2017: $5,0002017Assets 2018: $203,400Liabilities 2018: $0Net Assets 2018: $203,4002018Assets 2019: $319,867Liabilities 2019: $20,819Net Assets 2019: $299,0482019Assets 2020: $509,029Liabilities 2020: $69,184Net Assets 2020: $439,8452020Assets 2021: $540,944Liabilities 2021: $67,748Net Assets 2021: $473,1962021Assets 2022: $425,594Liabilities 2022: $219,345Net Assets 2022: $206,2492022Assets 2023: $117,445Liabilities 2023: $2,783Net Assets 2023: $114,6622023Assets 2024: $81,177Liabilities 2024: $4,934Net Assets 2024: $76,2432024

Highlighted filing

2024

Assets$81,177
Liabilities$4,934
Net Assets$76,243

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2017: $5,000Expenses 2017: $0Net Income 2017: $5,0002017Revenue 2018: $200,000Expenses 2018: $1,600Net Income 2018: $198,4002018Revenue 2019: $1,100,000Expenses 2019: $804,352Net Income 2019: $295,6482019Revenue 2020: $1,235,000Expenses 2020: $1,094,203Net Income 2020: $140,7972020Revenue 2021: $1,123,000Expenses 2021: $1,089,649Net Income 2021: $33,3512021Revenue 2022: $1,085,000Expenses 2022: $1,351,947Net Income 2022: -$266,9472022Revenue 2023: $29,927Expenses 2023: $121,514Net Income 2023: -$91,5872023Revenue 2024: $10,000Expenses 2024: $48,419Net Income 2024: -$38,4192024

Highlighted filing

2024

Revenue$10,000
Expenses$48,419
Net Income-$38,419

Filings

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
Apr 10, 2023
Return Version
2022v5.0
Gross Receipts
$1,085,000
Mission and Program Overview

Mission

We bring critical stakeholders together, bound by the urgent need to optimize outcomes and reduce costs by getting the medications right.

To enhance life by ensuring appropriate and personalized use of medication and gene therapies.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$276,844$422,744▲ $145,900
Accounts Receivable$262,500$1,250▼ $261,250
Total Assets$540,944$425,594▼ $115,350
Other Assets Total$1,600$1,600→ $0
Liabilities
Accounts Payable and Accrued Expenses$67,748$219,345▲ $151,597
Total Liabilities$67,748$219,345▲ $151,597
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$473,196$206,249▼ $266,947
Total Net Assets Fund Balance$473,196$206,249▼ $266,947
Total Liabilities and Net Assets / Fund Balance$540,944$425,594▼ $115,350
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Katherine CappsExecutive DirectorPT$225,000$225,000

Board Members and Trustees

NameTitle
Paul GrundyPresident & Board Member
Allison HickeyBoard Member
Anastasia DaifotisBoard Member
Ira KleinBoard Member
Paul W AbramowitzBoard Member
Michael MadduxTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Health2ResourcesMarketing/Communication8230 Old Courthouse Road, Vienna, VA 22180$400,000
Revenue and Support

Revenue Composition

Contributions and Grants
$1,085,000
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$1,000,000
Change in Net Assets
$-266,947
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$806,068
Salaries, Compensation, and Employee Benefits$545,879
Total Fundraising Expense$236,895
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$387,500$8,707$140,000$536,207
Other Salaries and Wages$138,540$106,254$52,364$297,158
Current Officers, Directors, Trustees, and Key Employees$104,900$80,452$39,648$225,000
Advertising$54,010$87-$54,097
Fees for Services Accounting-$51,475-$51,475
Insurance-$34,617-$34,617
Payroll Taxes$13,696$6,095$3,930$23,721
Conferences and Meetings$13,463$4,709$531$18,703
Occupancy-$13,533-$13,533
Office Expenses$226$6,801-$7,027
Information Technology$900$588-$1,488
Other Expenses$425$140$422$425
Total Functional Expenses$801,594$313,458$236,895$1,351,947
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-See Part VKatherine H. Capps is the sole owner of Health2Resources and also the Executive Director and voting board member of GTMRx. The Organization entered into a consulting services agreement with H2R, in which H2R shall provide the Organization with headquarter facilities, operations support, executive management services and marketing support.No$400,000
Governance and Compliance

Governance Checklist

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

Governance Explanations

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

A draft of the Federal Form 990 is reviewed by management and certain members of the governing body. The final copy is distributed to the Board prior to filing with the IRS.

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

The GTMRx board of directors, led by Treasurer Ed Webb, reviewed Executive Director compensation in 2Q and 3Q 2020 reviewing market-based reports in consultation with and supported by GTMRx attorney Edwina Rogers, JD. The result was a formal performance evaluation and an employment agreement presented to Capps in October, 2020. Since 2019, Capps received no increase in salary or bonus. Compensation adjustment was made once, and it was done so by increasing the Executive Director from a .5 FTE to a .75 FTE. That compensation remained in place until Capps departure in 1Q 2023.

Form 990, Part VI, Section C, line 19

All documents are available upon request to the public.

Filing and Contact Details

Filer

Filer Name
Get The Medications Right Institute
EIN
82-3466837
Phone
7033945398
Address
8230 Old Courthouse Rd 420, Vienna, VA 22182-3853

Signing Officer

Name
Katherine H Capps
Title
Executive Director
Phone
7033945398
Signed
2023-04-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Katherine H Capps
Formed
2017
Legal Domicile
Co
Voting Board Members
7
Independent Board Members
6
Employees
7
Volunteers
6

Preparer

Firm
Rogers & Company PLLC
Address
8300 Boone Boulevard Suite 600, Vienna, VA 22182
Preparer
Yong Zhang CPA
Phone
7038930300
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

Payroll processing fee: Program service expenses 0. Management and general expenses 4,057. Fundraising expenses 0. Total expenses 4,057. Other professional fees: Program service expenses 7,500. Management and general expenses 4,650. Fundraising expenses 60,000. Total expenses 72,150. Marketing consulting fees: Program service expenses 320,000. Management and general expenses 0. Fundraising expenses 80,000. Total expenses 400,000. Physician advisor: Program service expenses 60,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 60,000.

Financial Statement Notes

Part X, Line 2:

Management has evaluated the Organization's tax positions and has concluded that the Organization has taken no uncertain tax positions that qualify for either recognition or disclosure in the consolidated financial statements.

Raw XML AppendixShowing 400 of 420 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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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Katherine Capps
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Executive Director
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0225000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0Health2Resources
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0See Part V
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0400000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Katherine H. Capps is the sole owner of Health2Resources and also the Executive Director and voting board member of GTMRx. The Organization entered into a consulting services agreement with H2R, in which H2R shall provide the Organization with headquarter facilities, operations support, executive management services and marketing support.
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A draft of the Federal Form 990 is reviewed by management and certain members of the governing body. The final copy is distributed to the Board prior to filing with the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The GTMRx board of directors, led by Treasurer Ed Webb, reviewed Executive Director compensation in 2Q and 3Q 2020 reviewing market-based reports in consultation with and supported by GTMRx attorney Edwina Rogers, JD. The result was a formal performance evaluation and an employment agreement presented to Capps in October, 2020. Since 2019, Capps received no increase in salary or bonus. Compensation adjustment was made once, and it was done so by increasing the Executive Director from a .5 FTE to a .75 FTE. That compensation remained in place until Capps departure in 1Q 2023.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2All documents are available upon request to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Payroll processing fee: Program service expenses 0. Management and general expenses 4,057. Fundraising expenses 0. Total expenses 4,057. Other professional fees: Program service expenses 7,500. Management and general expenses 4,650. Fundraising expenses 60,000. Total expenses 72,150. Marketing consulting fees: Program service expenses 320,000. Management and general expenses 0. Fundraising expenses 80,000. Total expenses 400,000. Physician advisor: Program service expenses 60,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 60,000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, line 11g
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Get The Medications Right Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0831717488
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0CO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0See attached
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0Line 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt08230 Old Courthouse Road Suite 420
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Vienna
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0VA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd0221823853
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/SupplementalInformationDetail/ExplanationTxt0To advocate for payment and policy changes and to educate and inform critical stakeholders about skills, knowledge and available tools to transform medical practice to support, encourage and enable team-based care through new technologies, diagnostics, and medication specialists who provide person-centered, team-based comprehensive medication management (CMM) services to ensure safe, effective and appropriate use of medications and gene therapies, and to reduce costs and save lives.
IRS990ScheduleR/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Schedule R, Part II (b) Primary Activity
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0540944
IRS990/TotalAssetsEOYAmt0425594
IRS990/TotalAssetsGrp/BOYAmt0540944
IRS990/TotalAssetsGrp/EOYAmt0425594
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt01085000
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0236895
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0313458
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0801594
IRS990/TotalFunctionalExpensesGrp/TotalAmt01351947
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt067748
IRS990/TotalLiabilitiesEOYAmt0219345
IRS990/TotalLiabilitiesGrp/BOYAmt067748
IRS990/TotalLiabilitiesGrp/EOYAmt0219345
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0473196
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0206249
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0801594
IRS990/TotalReportableCompFromOrgAmt0225000
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01085000
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0540944
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0425594
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt08230 Old Courthouse Rd 420
IRS990/USAddress/CityNm0Vienna
IRS990/USAddress/StateAbbreviationCd0VA
IRS990/USAddress/ZIPCd0221823853
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0https://gtmr.org/
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Katherine H Capps
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum07033945398
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-04-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Get The Medications Right Institute
ReturnHeader/Filer/BusinessNameControlTxt0GETT
ReturnHeader/Filer/EIN0823466837
ReturnHeader/Filer/PhoneNum07033945398

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