Is Parenteral Drug Association Foundation For Pharmaceutical Sciences Inc Legit?
Quick charity verification for Parenteral Drug Association Foundation For Pharmaceutical Sciences Inc (EIN: 112518735)
Verdict: Parenteral Drug Association Foundation For Pharmaceutical Sciences Inc has notable concerns
20/100Mission Score
$0Revenue
$0Assets
2Red Flags
2Strengths
Red Flags
Latest filing shows $0 revenue and $0 assets, indicating potential inactivity or closure.
Significant and sudden drop in financial activity compared to previous years.
Strengths
Historically reported 0% officer compensation, indicating efficient use of funds for mission.
Maintained positive net assets in previous active years.
Spending Breakdown
How Parenteral Drug Association Foundation For Pharmaceutical Sciences Inc allocates its funds across programs, administration, and fundraising.
100%
Program Spending
Healthy — majority goes to mission
0%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Parenteral Drug Association Foundation For Pharmaceutical Sciences Inc
Is Parenteral Drug Association Foundation For Pharmaceutical Sciences Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Parenteral Drug Association Foundation For Pharmaceutical Sciences Inc (EIN: 112518735) has notable concerns. Mission Score: 20/100. 2 red flags identified, 2 strengths noted.
Is Parenteral Drug Association Foundation For Pharmaceutical Sciences Inc a good charity to donate to?
Parenteral Drug Association Foundation For Pharmaceutical Sciences Inc has a Mission Score of 20/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Parenteral Drug Association Foundation For Pharmaceutical Sciences Inc?
The Employer Identification Number (EIN) for Parenteral Drug Association Foundation For Pharmaceutical Sciences Inc is 112518735. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Parenteral Drug Association Foundation For Pharmaceutical Sciences Inc spend its money?
Parenteral Drug Association Foundation For Pharmaceutical Sciences Inc allocates 100% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Parenteral Drug Association Foundation For Pharmaceutical Sciences Inc's tax-exempt status?
You can verify Parenteral Drug Association Foundation For Pharmaceutical Sciences Inc's tax-exempt status using EIN 112518735 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Parenteral Drug Association Foundation For Pharmaceutical Sciences Inc appears to be in a state of dormancy or significant decline, as indicated by its latest reported revenue and assets of $0. This is a stark contrast to its financial activity in previous years, where it consistently reported revenues ranging from $3,163 to $448,851 and assets between $26,905 and $478,328. The sudden drop to zero revenue and assets raises significant concerns about its operational status and financial viability.
Historically, the organization demonstrated strong financial health with minimal liabilities and no reported officer compensation, suggesting efficient use of funds and a volunteer-driven leadership. However, without current financial activity, it's impossible to assess its current spending efficiency or program impact. The lack of recent financial data makes it difficult to evaluate its current transparency, as the most recent filing shows no activity.