Is National Legislative Association On Prescription Drug Prices Legit?

Quick charity verification for National Legislative Association On Prescription Drug Prices (EIN: 10535762)

Verdict: National Legislative Association On Prescription Drug Prices has notable concerns

10/100Mission Score
$0Revenue
$0Assets
3Red Flags
2Strengths

Red Flags

Strengths

AI Transparency Report

The National Legislative Association On Prescription Drug Prices appears to be a very small, likely defunct, organization based on its recent financial filings. Its latest reported revenue and assets are both $0, indicating no current financial activity. Historically, the organization operated with modest revenues, peaking at $40,857 in 2013. Expenses often exceeded revenue, such as in 2013 when expenses were $48,198 against $40,857 in revenue, and significantly in 2014 where expenses were $13,390 on only $101 in revenue. This consistent deficit spending, culminating in zero activity, suggests a lack of financial sustainability and operational capacity. Given the zero revenue and assets in its latest filing, it's highly probable the organization is no longer active. The absence of reported officer compensation across all filings, while potentially positive for efficiency if the organization were active, further supports the idea of minimal or volunteer-driven operations, or simply a lack of paid staff. The lack of an NTEE code also makes it difficult to benchmark against similar organizations, though this is a minor point given the overall financial picture. Overall, the financial health is extremely poor, with no current activity. Spending efficiency is difficult to assess without detailed expense breakdowns, but the consistent deficit spending in prior years indicates an inability to cover costs. Transparency is adequate in terms of filing the 990s, but the lack of an NTEE code and detailed program information limits a deeper understanding of its past operations.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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