Civic Intelligence

Washington State Pharmaceutical Foundation

990 • Fiscal year 2020 • EIN 91-0996629

Jan 01, 2020 to Dec 31, 2020 • Filed on Aug 18, 2021

411 Williams Avenue SouthRenton, WA 98057

(425) 228-7171

Siviq Scores

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

Liabilities / Assets

46th percentile

0.03x

Higher debt load relative to assets than 46% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

80th percentile

0.37x

Higher debt load relative to revenue than 80% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

94th percentile

67%

Higher net margin than 94% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

51st percentile

$0

Higher top officer pay than 51% of similar nonprofits.

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

48th percentile

5.5%

Faster asset growth than 48% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

25th percentile

-23%

Faster revenue growth than 25% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$835,240

Up $43,608 (+5.5%) from 2019

Net Assets

Up

$810,440

Up $45,469 (+5.9%) from 2019

Liabilities

Down

$24,800

Down $1,861 (-7.0%) from 2019

Revenue

Down

$67,607

Down $19,871 (-23%) from 2019

Expenses

Up

$22,138

Up $8,297 (+60%) from 2019

Net Income

Down

$45,469

Down $28,168 (-38%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $596,901Liabilities 2011: $30,748Net Assets 2011: $566,1532011Assets 2012: $590,880Liabilities 2012: $25,244Net Assets 2012: $565,6362012Assets 2013: $599,378Liabilities 2013: $12,738Net Assets 2013: $586,6402013Assets 2014: $696,534Liabilities 2014: $24,800Net Assets 2014: $671,7342014Assets 2015: $678,468Liabilities 2015: $17,625Net Assets 2015: $660,8432015Assets 2016: $719,037Liabilities 2016: $24,800Net Assets 2016: $694,2372016Assets 2017: $758,218Liabilities 2017: $22,408Net Assets 2017: $735,8102017Assets 2018: $716,135Liabilities 2018: $24,800Net Assets 2018: $691,3352018Assets 2019: $791,632Liabilities 2019: $26,661Net Assets 2019: $764,9712019Assets 2020: $835,240Liabilities 2020: $24,800Net Assets 2020: $810,4402020Assets 2021: $940,931Liabilities 2021: $27,665Net Assets 2021: $913,2662021Assets 2022: $814,958Liabilities 2022: $34,554Net Assets 2022: $780,4042022Assets 2023: $942,090Liabilities 2023: $25,553Net Assets 2023: $916,5372023Assets 2024: $1,028,818Liabilities 2024: $24,800Net Assets 2024: $1,004,0182024

Highlighted filing

2020

Assets$835,240
Liabilities$24,800
Net Assets$810,440

Operations Trend

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

$200K$100K$0-$100KRevenue 2011: $48,594Expenses 2011: $65,366Net Income 2011: -$16,7722011Revenue 2012: $57,468Expenses 2012: $53,018Net Income 2012: $4,4502012Revenue 2013: $89,957Expenses 2013: $68,953Net Income 2013: $21,0042013Revenue 2014: $154,783Expenses 2014: $45,749Net Income 2014: $109,0342014Revenue 2015: $41,693Expenses 2015: $57,553Net Income 2015: -$15,8602015Revenue 2016: $53,352Expenses 2016: $24,414Net Income 2016: $28,9382016Revenue 2017: $121,978Expenses 2017: $84,885Net Income 2017: $37,0932017Revenue 2018: $77,996Expenses 2018: $126,412Net Income 2018: -$48,4162018Revenue 2019: $87,478Expenses 2019: $13,841Net Income 2019: $73,6372019Revenue 2020: $67,607Expenses 2020: $22,138Net Income 2020: $45,4692020Revenue 2021: $119,713Expenses 2021: $17,058Net Income 2021: $102,6552021Revenue 2022: $39,095Expenses 2022: $29,978Net Income 2022: $9,1172022Revenue 2023: $62,781Expenses 2023: $10,254Net Income 2023: $52,5272023Revenue 2024: $28,936Expenses 2024: $35,986Net Income 2024: -$7,0502024

Highlighted filing

2020

Revenue$67,607
Expenses$22,138
Net Income$45,469
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Aug 18, 2021
Return Version
2020v4.1
Gross Receipts
$77,875
Mission and Program Overview

Mission

The Foundatiion exists to support and initiate educational programa, pharmacy practice research, and innovative practices to improve and enhance pharmacy practice.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$513,908$564,161▲ $50,253
Land, Buildings, and Equipment, Net$217,555$216,101▼ $1,454
Savings and Temporary Cash Investments$58,857$54,978▼ $3,879
Cash and Non-Interest-Bearing Accounts$1,312--
Total Assets$791,632$835,240▲ $43,608
Liabilities
Other Liabilities$26,661$24,800▼ $1,861
Total Liabilities$26,661$24,800▼ $1,861
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$764,971$810,440▲ $45,469
Total Net Assets Fund Balance$764,971$810,440▲ $45,469
Total Liabilities and Net Assets / Fund Balance$791,632$835,240▲ $43,608

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$564,161--
Buildings$97,193$36,849-
Land$115,315--
Equipment$3,293$16,513-
Leasehold Improvements$300$622-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mike DonohuePresident
C A Leon AlzolaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$5,601
Investment Income
$56,024
Other Revenue
$5,982
Change in Net Assets
$45,469
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$22,138
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
Fees for Service Investment Mgmnt Fees-$5,569-$5,569
Other Expenses$11,500$2,129-$2,129
Fees for Services Accounting-$1,625-$1,625
Payments to Affiliates-$1,200-$1,200
Total Functional Expenses$11,500$10,638$0$22,138
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
Scholarships payable$24,800
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
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
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
Yes

Governance Explanations

Management duties delegation Part VI line 3

Document requests are reviewed and depending on the request, will provide the requested information or request approval of the President if deemed appropriate.

Members or stockholder classes and rights Part VI line 6

Members

Member election for additional members Part VI line 7A

Members

Form 990 governing body review Part VI line 11

The officers review the IRS Form 990 and submit it to the Board of Directors for approval before filing.

Governing documents etc available to public Part VI line 19

Document requests are approved by the Office Manager and depending on the nature of the request will provide the requested information or request approval of the request by the CEO if appropiate.

Filing and Contact Details

Filer

Filer Name
Washington State Pharmacy Foundation
EIN
91-0996629
Address
411 Williams Avenue South, Renton, WA 98057

Signing Officer

Name
C A Leon Alzola
Title
Treasurer
Phone
3604371392
Signed
2021-08-18
Discuss with paid preparer
Yes

Organization Details

Formed
1990
Legal Domicile
Wa
Voting Board Members
2
Independent Board Members
2
Employees
0
Volunteers
20

Preparer

Firm
Duane E Anderson CPA
Address
261 Margaret Street, Port Ludlow, WA 98365
Preparer
Duane E Anderson
Phone
3604371392
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

To balance

General explanation attachment

The Company sold their land and building on July 22, 2010 for $521,536. This was a 1031 Exchange and the gain on the sale reduced the basis of the new land and building.

Raw XML Appendix363 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/GamingActivitiesInd0false
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IRS990/IRPDocumentCnt00
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IRS990/LocalChaptersInd0false
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IRS990/MoreThan5000KToIndividualsInd0false
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IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt05982
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt05982
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0764971
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IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
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IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
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IRS990/OtherExpensesGrp/Desc0Licenses
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Document requests are reviewed and depending on the request, will provide the requested information or request approval of the President if deemed appropriate.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Members
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Members
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The officers review the IRS Form 990 and submit it to the Board of Directors for approval before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Document requests are approved by the Office Manager and depending on the nature of the request will provide the requested information or request approval of the request by the CEO if appropiate.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5To balance
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The Company sold their land and building on July 22, 2010 for $521,536. This was a 1031 Exchange and the gain on the sale reduced the basis of the new land and building.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Management duties delegation Part VI line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Explanation of other changes in net assets or fund balances Part XI line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6General explanation attachment
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt011500
IRS990/TotalFunctionalExpensesGrp/TotalAmt022138
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt026661
IRS990/TotalLiabilitiesEOYAmt024800
IRS990/TotalLiabilitiesGrp/BOYAmt026661
IRS990/TotalLiabilitiesGrp/EOYAmt024800
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0764971
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0810440
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt011500
IRS990/TotalProgramServiceRevenueAmt05601
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt067607
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
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IRS990/WrittenPolicyOrProcedureInd0false
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0C A Leon Alzola
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum03604371392
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-08-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WASHINGTON STATE PHARMACY FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0WASH
ReturnHeader/Filer/EIN0910996629
ReturnHeader/Filer/USAddress/AddressLine1Txt0411 Williams Avenue South
ReturnHeader/Filer/USAddress/CityNm0Renton
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd098057
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0911829654
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Duane E Anderson CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0261 Margaret Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Port Ludlow
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd098365
ReturnHeader/PreparerPersonGrp/PhoneNum03604371392
ReturnHeader/PreparerPersonGrp/PreparationDt02021-08-18
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Duane E Anderson
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-08-18T10:12:44-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0C A Leon
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Alzola
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.03$0.02$1.00$0.03$0.04$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.94$0.03$0.92$0.06$0.01$0.05
2022Detailed filing. Detailed filing data is available for this year.$0.81$0.03$0.78$0.04$0.03$0.01
2021Detailed filing. Detailed filing data is available for this year.$0.94$0.03$0.91$0.12$0.02$0.10
2020Detailed filing. Detailed filing data is available for this year.$0.84$0.02$0.81$0.07$0.02$0.05
2019Detailed filing. Detailed filing data is available for this year.$0.79$0.03$0.76$0.09$0.01$0.07
2018Detailed filing. Detailed filing data is available for this year.$0.72$0.02$0.69$0.08$0.13$0.05
2017Detailed filing. Detailed filing data is available for this year.$0.76$0.02$0.74$0.12$0.08$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.72$0.02$0.69$0.05$0.02$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.68$0.02$0.66$0.04$0.06$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.70$0.02$0.67$0.15$0.05$0.11
2013Detailed filing. Detailed filing data is available for this year.$0.60$0.01$0.59$0.09$0.07$0.02
2012Summary only. Only limited summary data is available for this year.$0.59$0.03$0.57$0.06$0.05$0.00
2011Summary only. Only limited summary data is available for this year.$0.60$0.03$0.57$0.05$0.07$0.02