North Carolina Association Of Pharmacists
EIN: 560548264 · Durham, NC · NTEE: S41
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $882K |
| Net Assets | $737K |
Is North Carolina Association Of Pharmacists Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About North Carolina Association Of Pharmacists
North Carolina Association Of Pharmacists (EIN: 560548264) is a nonprofit organization based in Durham, NC, classified under NTEE code S41. The organization reported total revenue of $1.5M and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of North Carolina Association Of Pharmacists's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
North Carolina Association Of Pharmacists is a mid-size nonprofit that has been operating for 25 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $840K |
| Total Expenses | $882K |
| Surplus / Deficit | $-41,427 |
| Total Assets | $838K |
| Total Liabilities | $102K |
| Net Assets | $737K |
| Operating Margin | -4.9% |
| Debt-to-Asset Ratio | 12.1% |
| Months of Reserves | 11.4 months |
Financial Health Grade: B
In 2023, North Carolina Association Of Pharmacists reported a deficit of $41K with expenses exceeding revenue, holds 11.4 months of operating reserves (strong position), has a debt-to-asset ratio of 12.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), North Carolina Association Of Pharmacists's revenue has grown at a compound annual growth rate (CAGR) of 2.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.6% | +9.1% | -3.8% |
| 2022 | +22.3% | +19.7% | -5.5% |
| 2021 | +6.5% | +10.0% | -0.3% |
| 2020 | -11.3% | -3.1% | +2.3% |
| 2019 | +14.1% | +3.3% | +16.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for North Carolina Association Of Pharmacists 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 North Carolina Association Of Pharmacists 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 deficit of $41K, with expenses exceeding revenue.
- Debt-to-asset ratio: 12.1%.
Frequently Asked Questions about North Carolina Association Of Pharmacists
Is North Carolina Association Of Pharmacists a legitimate charity?
North Carolina Association Of Pharmacists (EIN: 560548264) is a registered tax-exempt nonprofit based in North Carolina. It has 13 years of IRS 990 filings on record. Total revenue: $1.5M. No red flags identified. Financial health grade: B.
How does North Carolina Association Of Pharmacists spend its money?
North Carolina Association Of Pharmacists reported $1.5M in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to North Carolina Association Of Pharmacists tax-deductible?
North Carolina Association Of Pharmacists is registered as a tax-exempt nonprofit (EIN: 560548264). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is North Carolina Association Of Pharmacists located?
North Carolina Association Of Pharmacists is headquartered in Durham, North Carolina and files with the IRS under EIN 560548264. It is classified under NTEE code S41.
How many years of IRS 990 filings does North Carolina Association Of Pharmacists have?
North Carolina Association Of Pharmacists 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 $1.5M in total revenue.
Filing History
IRS 990 filing history for North Carolina Association Of Pharmacists showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), North Carolina Association Of Pharmacists's revenue has grown by 28.8%, moving from $652K to $840K. Total assets increased by 9.7% over the same period, from $764K to $838K. Total functional expenses rose by 29.5%, from $681K to $882K. In its most recent filing year (2023), North Carolina Association Of Pharmacists reported a deficit of $41K, with expenses exceeding revenue. The organization holds $102K in liabilities against $838K in assets (debt-to-asset ratio: 12.1%), resulting in net assets of $737K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $840K | $882K | $838K | $102K | — | — |
| 2022 | $811K | $809K | $872K | $119K | — | View 990 |
| 2021 | $663K | $676K | $923K | $97K | — | View 990 |
| 2020 | $623K | $614K | $925K | $105K | — | — |
| 2019 | $702K | $634K | $905K | $121K | — | — |
| 2018 | $615K | $614K | $776K | $85K | — | View 990 |
| 2017 | $563K | $625K | $791K | $82K | — | View 990 |
| 2016 | $623K | $585K | $826K | $84K | — | View 990 |
| 2015 | $504K | $475K | $804K | $104K | — | View 990 |
| 2014 | $560K | $554K | $792K | $111K | — | View 990 |
| 2013 | $667K | $586K | $805K | $134K | — | View 990 |
| 2012 | $661K | $690K | $748K | $182K | — | View 990 |
| 2011 | $652K | $681K | $764K | $188K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $840K, expenses of $882K, and assets of $838K (revenue +3.6% year-over-year).
- 2022: Revenue of $811K, expenses of $809K, and assets of $872K (revenue +22.3% year-over-year).
- 2021: Revenue of $663K, expenses of $676K, and assets of $923K (revenue +6.5% year-over-year).
- 2020: Revenue of $623K, expenses of $614K, and assets of $925K (revenue -11.3% year-over-year).
- 2019: Revenue of $702K, expenses of $634K, and assets of $905K (revenue +14.1% year-over-year).
- 2018: Revenue of $615K, expenses of $614K, and assets of $776K (revenue +9.3% year-over-year).
- 2017: Revenue of $563K, expenses of $625K, and assets of $791K (revenue -9.6% year-over-year).
- 2016: Revenue of $623K, expenses of $585K, and assets of $826K (revenue +23.7% year-over-year).
- 2015: Revenue of $504K, expenses of $475K, and assets of $804K (revenue -10.1% year-over-year).
- 2014: Revenue of $560K, expenses of $554K, and assets of $792K (revenue -16.0% year-over-year).
- 2013: Revenue of $667K, expenses of $586K, and assets of $805K (revenue +0.8% year-over-year).
- 2012: Revenue of $661K, expenses of $690K, and assets of $748K (revenue +1.4% year-over-year).
- 2011: Revenue of $652K, expenses of $681K, and assets of $764K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for North Carolina Association Of Pharmacists:
Data Sources and Methodology
This transparency report for North Carolina Association Of Pharmacists 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.