Civic Intelligence

Transparency Rx Corp

EIN 93-3838240 • 501(c)6

Siviq Scores

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

Liabilities / Assets

25th percentile

0.00x

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

501(c)6 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

26th percentile

0.00x

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

501(c)6 • $500k-$1M nonprofits • Source year 2024

Net Margin

13th percentile

-14%

Higher net margin than 13% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

501(c)6 • $500k-$1M nonprofits • Source year 2024

Asset Growth

2nd percentile

-78%

Faster asset growth than 2% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

80th percentile

23%

Faster revenue growth than 80% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets25th percentile

Assets

$24,476

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

$24,476

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue26th percentileNet Margin13th percentile

Revenue

$615,500

No earlier filing loaded for comparison.

Expenses

$702,857

No earlier filing loaded for comparison.

Net Income

-$87,357

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset Growth2nd percentile

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

$30K$20K$10K$0Assets 2024: $24,476Liabilities 2024: $0Net Assets 2024: $24,4762024

Highlighted filing

2024

Assets$24,476
Liabilities$0
Net Assets$24,476
Open 2024 Filing

Operations Trend

Revenue Growth80th percentile

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

$800K$600K$400K$200K$0-$200KRevenue 2024: $615,500Expenses 2024: $702,857Net Income 2024: -$87,3572024

Highlighted filing

2024

Revenue$615,500
Expenses$702,857
Net Income-$87,357
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$24,476
Liabilities
$0
Net assets
$24,476
Revenue
$615,500
Expenses
$702,857
Net income
-$87,357
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.24$0.00$0.24$6.16$7.03$0.87
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 18, 2025
Return Version
2024v5.2
Gross Receipts
$615,500
Mission and Program Overview

Mission

Accelerate affordable drug pricing and foster positive changes with the prescription drug market and pharmacy supply chain. Promote local, regional and national relationships for the interchange of ideas and dissemination of material related to pharmacy benefit managers, through transparent platforms an affordable drug pricing. Provide educational and professional growth opportunities. Foster positive relations in health care, medicine and the pharmacy benefit and pharmaceutical supply chain.

Accelerate affordable drug pricing and foster change with the prescription drug market and pharmacy supply chain.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$111,833$24,476▼ $87,357
Total Assets$111,833$24,476▼ $87,357
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$111,833$24,476▼ $87,357
Total Liabilities and Net Assets / Fund Balance$111,833$24,476▼ $87,357
Compensation and Service Providers
Top Officer Pay49th percentile

Board Members and Trustees

NameTitle
Joseph ShieldsPresident
Khalid PittsSecretary
Greg LynkTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Salvus Public Affairs LLCManagement Services49445 GLEN MEADOW PL, Aldie, VA 20105$272,246
Revenue and Support

Revenue Composition

Contributions and Grants
$615,500
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-87,357
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$702,857
Total Fundraising Expense$40,837
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$190,572$40,837$40,837$272,246
Advertising$216,822--$216,822
Conferences and Meetings$85,000$10,000-$95,000
Fees for Services Lobbying$82,445--$82,445
Travel$20,186--$20,186
Fees for Services Legal$8,000--$8,000
Fees for Services Accounting$2,000--$2,000
All Other Expenses$1,408$389-$1,797
Occupancy$1,195--$1,195
Fees for Services Other$931--$931
Insurance$923--$923
Other Expenses$38$308-$38
Total Functional Expenses$609,675$52,345$40,837$702,857
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
In-house lobbying only
No
Subject to proxy tax
Yes
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
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI Line 6

“Members have no voting rights”

Part VI Line 11B

“The governing body review 990 prior to submission”

Part VI Line 12C

“Conflict of interest policy is disussed reviewed anual”

Page 6 Part VI Lines 15A and 15B

“See return note page 6 part vi lines 15a and 15b”

Filing and Contact Details

Filer

Filer Name
Transparency Rx Corp
EIN
93-3838240
Phone
9732707615
Address
20130 LAKEVIEW CENTER PLAZA STE 400, ASHBURN, VA 20147
Doing Business As
Transparency Rx Corp

Signing Officer

Name
Joseph Shields
Title
President
Phone
9732707615
Signed
2025-11-18
Discuss with paid preparer
No

Organization Details

Principal Officer
Joesph Shields
Formed
2023
Legal Domicile
Va
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
H and R Block
Address
44110 ASHBURN SHOPPING PLAZA, ASHBURN, VA 20147
Preparer
Michael Carlo
Phone
8004725625
Raw XML Appendix289 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/ForeignActivitiesInd0false
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IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt020.00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
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IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
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IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02023
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IRS990/FSAuditedInd0false
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IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
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IRS990/GroupExemptionNum00006
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IRS990/IndependentVotingMemberCnt03
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IRS990/IRPDocumentCnt00
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IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
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IRS990/MissionDesc0Accelerate affordable drug pricing and foster positive changes with the prescription drug market and pharmacy supply chain. Promote local, regional and national relationships for the interchange of ideas and dissemination of material related to pharmacy benefit managers, through transparent platforms an affordable drug pricing. Provide educational and professional growth opportunities. Foster positive relations in health care, medicine and the pharmacy benefit and pharmaceutical supply chain.
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/Filer/EIN0933838240
ReturnHeader/Filer/PhoneNum09732707615
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ASHBURN
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd020147
ReturnHeader/PreparerPersonGrp/PhoneNum08004725625
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-18
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Michael Carlo
ReturnHeader/ReturnTs02025-11-18T17:32:24Z
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)6 • $500k-$1M nonprofits