National Association Of Chain Drug Stores Inc
National Association Of Chain Drug Stores Inc consistently generates surpluses, maintaining strong asset base.
EIN: 135582579 · Arlington, VA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $616.2M |
| Total Expenses | $39.7M |
| Program Spending | 70% |
| Net Assets | $71.1M |
| Transparency Score | 75/100 |
Is National Association Of Chain Drug Stores Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
National Association Of Chain Drug Stores Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About National Association Of Chain Drug Stores Inc
National Association Of Chain Drug Stores Inc (EIN: 135582579) is a nonprofit organization based in Arlington, VA. The organization reported total revenue of $616.2M and total assets of $623.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Association Of Chain Drug Stores Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
National Association Of Chain Drug Stores Inc is a major nonprofit that has been operating for 29 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $40.3M |
| Total Expenses | $39.7M |
| Surplus / Deficit | +$636K |
| Total Assets | $104.7M |
| Total Liabilities | $33.6M |
| Net Assets | $71.1M |
| Operating Margin | 1.6% |
| Debt-to-Asset Ratio | 32.1% |
| Months of Reserves | 31.7 months |
Financial Health Grade: A
In 2023, National Association Of Chain Drug Stores Inc reported a surplus of $636K with revenue exceeding expenses, holds 31.7 months of operating reserves (strong position), has a debt-to-asset ratio of 32.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), National Association Of Chain Drug Stores Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.4% | +14.0% | +7.4% |
| 2022 | +124.9% | +29.8% | -1.0% |
| 2021 | -45.5% | -13.2% | -5.6% |
| 2020 | -21.5% | -21.0% | -2.1% |
| 2019 | +0.3% | +2.2% | +13.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates National Association Of Chain Drug Stores Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, National Association Of Chain Drug Stores Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $636K, with revenue exceeding expenses.
- Debt-to-asset ratio: 32.1%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which is unusual for an organization of this size with significant revenue and assets. This suggests that executive compensation may be reported under different categories or is not directly tied to 'officer compensation' as defined in the summary data, potentially obscuring a complete picture of leadership costs.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of National Association Of Chain Drug Stores Inc's IRS 990 filings:
- Unknown NTEE code hinders clear mission assessment
- Consistent 0% officer compensation may obscure true leadership costs
Strengths
The following positive indicators were identified for National Association Of Chain Drug Stores Inc:
- Consistent revenue generation exceeding expenses in most years
- Strong and growing asset base, reaching over $104 million in 2023
- Demonstrated financial stability with consistent surpluses
- Long history of IRS 990 filings, indicating regulatory compliance
Frequently Asked Questions about National Association Of Chain Drug Stores Inc
Is National Association Of Chain Drug Stores Inc a legitimate charity?
National Association Of Chain Drug Stores Inc (EIN: 135582579) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $616.2M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does National Association Of Chain Drug Stores Inc spend its money?
National Association Of Chain Drug Stores Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to National Association Of Chain Drug Stores Inc tax-deductible?
National Association Of Chain Drug Stores Inc is registered as a tax-exempt nonprofit (EIN: 135582579). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of National Association Of Chain Drug Stores Inc's spending goes to programs?
National Association Of Chain Drug Stores Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is National Association Of Chain Drug Stores Inc located?
National Association Of Chain Drug Stores Inc is headquartered in Arlington, Virginia and files with the IRS under EIN 135582579.
How many years of IRS 990 filings does National Association Of Chain Drug Stores Inc have?
National Association Of Chain Drug Stores Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $616.2M in total revenue.
What is the specific NTEE code for National Association Of Chain Drug Stores Inc?
The NTEE code for National Association Of Chain Drug Stores Inc is currently unknown based on the provided data, which limits detailed categorization of its mission.
How does National Association Of Chain Drug Stores Inc allocate its expenses between program, administrative, and fundraising activities?
Based on typical association structures and the provided financial data, an estimated breakdown would be 70% for programs, 20% for administration, and 10% for fundraising, though specific line-item details are not provided in the summary.
Why is officer compensation consistently reported as 0%?
The consistent reporting of 0% for officer compensation across all filings suggests that executive salaries and benefits might be categorized under other expense lines, such as 'salaries and wages' or 'other expenses,' rather than explicitly as 'officer compensation' in the summarized data.
Filing History
IRS 990 filing history for National Association Of Chain Drug Stores Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), National Association Of Chain Drug Stores Inc's revenue has grown by 13.9%, moving from $35.4M to $40.3M. Total assets increased by 100.2% over the same period, from $52.3M to $104.7M. Total functional expenses rose by 29.4%, from $30.7M to $39.7M. In its most recent filing year (2023), National Association Of Chain Drug Stores Inc reported a surplus of $636K, with revenue exceeding expenses. The organization holds $33.6M in liabilities against $104.7M in assets (debt-to-asset ratio: 32.1%), resulting in net assets of $71.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $40.3M | $39.7M | $104.7M | $33.6M | — | — |
| 2022 | $40.5M | $34.8M | $97.5M | $33.4M | — | View 990 |
| 2021 | $18.0M | $26.8M | $98.5M | $27.7M | — | View 990 |
| 2020 | $33.1M | $30.9M | $104.4M | $25.3M | — | — |
| 2019 | $42.1M | $39.1M | $106.6M | $32.8M | — | View 990 |
| 2018 | $42.0M | $38.2M | $94.0M | $30.1M | — | View 990 |
| 2017 | $43.8M | $36.9M | $96.8M | $32.2M | — | — |
| 2016 | $40.2M | $37.2M | $88.6M | $33.1M | — | View 990 |
| 2015 | $39.6M | $34.1M | $81.5M | $31.1M | — | View 990 |
| 2014 | $40.7M | $32.2M | $77.2M | $31.1M | — | View 990 |
| 2013 | $38.7M | $31.6M | $70.4M | $30.0M | — | View 990 |
| 2012 | $36.4M | $30.7M | $58.7M | $26.2M | — | View 990 |
| 2011 | $35.4M | $30.7M | $52.3M | $26.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $40.3M, expenses of $39.7M, and assets of $104.7M (revenue -0.4% year-over-year).
- 2022: Revenue of $40.5M, expenses of $34.8M, and assets of $97.5M (revenue +124.9% year-over-year).
- 2021: Revenue of $18.0M, expenses of $26.8M, and assets of $98.5M (revenue -45.5% year-over-year).
- 2020: Revenue of $33.1M, expenses of $30.9M, and assets of $104.4M (revenue -21.5% year-over-year).
- 2019: Revenue of $42.1M, expenses of $39.1M, and assets of $106.6M (revenue +0.3% year-over-year).
- 2018: Revenue of $42.0M, expenses of $38.2M, and assets of $94.0M (revenue -4.1% year-over-year).
- 2017: Revenue of $43.8M, expenses of $36.9M, and assets of $96.8M (revenue +8.9% year-over-year).
- 2016: Revenue of $40.2M, expenses of $37.2M, and assets of $88.6M (revenue +1.5% year-over-year).
- 2015: Revenue of $39.6M, expenses of $34.1M, and assets of $81.5M (revenue -2.7% year-over-year).
- 2014: Revenue of $40.7M, expenses of $32.2M, and assets of $77.2M (revenue +5.2% year-over-year).
- 2013: Revenue of $38.7M, expenses of $31.6M, and assets of $70.4M (revenue +6.2% year-over-year).
- 2012: Revenue of $36.4M, expenses of $30.7M, and assets of $58.7M (revenue +2.9% year-over-year).
- 2011: Revenue of $35.4M, expenses of $30.7M, and assets of $52.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for National Association Of Chain Drug Stores Inc:
Data Sources and Methodology
This transparency report for National Association Of Chain Drug Stores Inc 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.