National Association Of Boards Of Pharmacy
EIN: 361520565 · Mt Prospect, IL
Is National Association Of Boards Of Pharmacy Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About National Association Of Boards Of Pharmacy
National Association Of Boards Of Pharmacy (EIN: 361520565) is a nonprofit organization based in Mt Prospect, IL. The organization reported total revenue of $136.2M and total assets of $136.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Association Of Boards Of Pharmacy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
National Association Of Boards Of Pharmacy is a major nonprofit that has been operating for 41 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $44.6M |
| Total Expenses | $43.8M |
| Surplus / Deficit | +$817K |
| Total Assets | $125.9M |
| Total Liabilities | $11.0M |
| Net Assets | $114.9M |
| Operating Margin | 1.8% |
| Debt-to-Asset Ratio | 8.8% |
| Months of Reserves | 34.5 months |
Financial Health Grade: A
In 2023, National Association Of Boards Of Pharmacy reported a surplus of $817K with revenue exceeding expenses, holds 34.5 months of operating reserves (strong position), has a debt-to-asset ratio of 8.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), National Association Of Boards Of Pharmacy's revenue has grown at a compound annual growth rate (CAGR) of 5.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.3% | +1.5% | +9.6% |
| 2022 | -13.0% | +9.1% | -10.9% |
| 2021 | +32.3% | +7.6% | +6.9% |
| 2020 | +0.6% | -3.4% | +13.1% |
| 2019 | -12.6% | +3.2% | +9.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1985 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for National Association Of Boards Of Pharmacy has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates National Association Of Boards Of Pharmacy with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $817K, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.8%.
Frequently Asked Questions about National Association Of Boards Of Pharmacy
Is National Association Of Boards Of Pharmacy a legitimate charity?
Based on AI analysis of IRS 990 filings, National Association Of Boards Of Pharmacy (EIN: 361520565) insufficient data. 0 red flags identified, 0 strengths noted.
How does National Association Of Boards Of Pharmacy spend its money?
Detailed spending breakdown data is not yet available for National Association Of Boards Of Pharmacy. Check back for updated IRS 990 analysis.
Are donations to National Association Of Boards Of Pharmacy tax-deductible?
National Association Of Boards Of Pharmacy is registered as a tax-exempt nonprofit (EIN: 361520565). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for National Association Of Boards Of Pharmacy showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), National Association Of Boards Of Pharmacy's revenue has grown by 90.8%, moving from $23.4M to $44.6M. Total assets increased by 94.2% over the same period, from $64.8M to $125.9M. Total functional expenses rose by 127.6%, from $19.3M to $43.8M. In its most recent filing year (2023), National Association Of Boards Of Pharmacy reported a surplus of $817K, with revenue exceeding expenses. The organization holds $11.0M in liabilities against $125.9M in assets (debt-to-asset ratio: 8.8%), resulting in net assets of $114.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $44.6M | $43.8M | $125.9M | $11.0M | — | View 990 |
| 2022 | $46.2M | $43.2M | $114.9M | $10.3M | — | View 990 |
| 2021 | $53.1M | $39.6M | $128.9M | $9.8M | — | View 990 |
| 2020 | $40.1M | $36.8M | $120.6M | $14.4M | — | View 990 |
| 2019 | $39.9M | $38.1M | $106.6M | $12.3M | — | View 990 |
| 2018 | $45.6M | $36.9M | $97.2M | $14.1M | — | View 990 |
| 2017 | $37.5M | $35.1M | $101.1M | $17.7M | — | View 990 |
| 2016 | $30.3M | $33.8M | $87.9M | $13.8M | — | View 990 |
| 2015 | $31.8M | $29.9M | $85.8M | $12.5M | — | View 990 |
| 2014 | $35.1M | $28.1M | $82.8M | $11.2M | — | View 990 |
| 2013 | $27.3M | $26.1M | $78.2M | $9.5M | — | View 990 |
| 2012 | $28.8M | $23.5M | $74.3M | $9.8M | — | View 990 |
| 2011 | $23.4M | $19.3M | $64.8M | $7.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $44.6M, expenses of $43.8M, and assets of $125.9M (revenue -3.3% year-over-year).
- 2022: Revenue of $46.2M, expenses of $43.2M, and assets of $114.9M (revenue -13.0% year-over-year).
- 2021: Revenue of $53.1M, expenses of $39.6M, and assets of $128.9M (revenue +32.3% year-over-year).
- 2020: Revenue of $40.1M, expenses of $36.8M, and assets of $120.6M (revenue +0.6% year-over-year).
- 2019: Revenue of $39.9M, expenses of $38.1M, and assets of $106.6M (revenue -12.6% year-over-year).
- 2018: Revenue of $45.6M, expenses of $36.9M, and assets of $97.2M (revenue +21.6% year-over-year).
- 2017: Revenue of $37.5M, expenses of $35.1M, and assets of $101.1M (revenue +24.0% year-over-year).
- 2016: Revenue of $30.3M, expenses of $33.8M, and assets of $87.9M (revenue -4.7% year-over-year).
- 2015: Revenue of $31.8M, expenses of $29.9M, and assets of $85.8M (revenue -9.7% year-over-year).
- 2014: Revenue of $35.1M, expenses of $28.1M, and assets of $82.8M (revenue +29.0% year-over-year).
- 2013: Revenue of $27.3M, expenses of $26.1M, and assets of $78.2M (revenue -5.2% year-over-year).
- 2012: Revenue of $28.8M, expenses of $23.5M, and assets of $74.3M (revenue +22.9% year-over-year).
- 2011: Revenue of $23.4M, expenses of $19.3M, and assets of $64.8M.
Data Sources and Methodology
This transparency report for National Association Of Boards Of Pharmacy is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.