Pharmaceutical Compliance Forum Inc
EIN: 463312253 · Myrtle Beach, SC · NTEE: S41
| Metric | Value |
|---|---|
| Total Revenue | $472K |
| Total Expenses | $385K |
| Net Assets | $549K |
Is Pharmaceutical Compliance Forum Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Pharmaceutical Compliance Forum Inc
Pharmaceutical Compliance Forum Inc (EIN: 463312253) is a nonprofit organization based in Myrtle Beach, SC, classified under NTEE code S41. The organization reported total revenue of $472K and total assets of $587K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pharmaceutical Compliance Forum Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pharmaceutical Compliance Forum Inc is a small nonprofit that has been operating for 12 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 30.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $439K |
| Total Expenses | $385K |
| Surplus / Deficit | +$54K |
| Total Assets | $549K |
| Net Assets | $549K |
| Operating Margin | 12.3% |
| Months of Reserves | 17.1 months |
Financial Health Grade: A
In 2023, Pharmaceutical Compliance Forum Inc reported a surplus of $54K with revenue exceeding expenses, holds 17.1 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2013–2023), Pharmaceutical Compliance Forum Inc's revenue has grown at a compound annual growth rate (CAGR) of 30.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.8% | +88.2% | +10.9% |
| 2022 | +30.7% | -10.6% | +65.3% |
| 2021 | +6.6% | +11.9% | +34.8% |
| 2020 | -5.4% | -13.8% | +59.3% |
| 2019 | +34.2% | -14.8% | +90.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Pharmaceutical Compliance Forum Inc 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 Pharmaceutical Compliance Forum Inc 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 $54K, with revenue exceeding expenses.
Frequently Asked Questions about Pharmaceutical Compliance Forum Inc
Is Pharmaceutical Compliance Forum Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Pharmaceutical Compliance Forum Inc (EIN: 463312253) insufficient data. 0 red flags identified, 0 strengths noted.
How does Pharmaceutical Compliance Forum Inc spend its money?
Detailed spending breakdown data is not yet available for Pharmaceutical Compliance Forum Inc. Check back for updated IRS 990 analysis.
Are donations to Pharmaceutical Compliance Forum Inc tax-deductible?
Pharmaceutical Compliance Forum Inc is registered as a tax-exempt nonprofit (EIN: 463312253). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Pharmaceutical Compliance Forum Inc located?
Pharmaceutical Compliance Forum Inc is headquartered in Myrtle Beach, South Carolina and files with the IRS under EIN 463312253. It is classified under NTEE code S41.
How many years of IRS 990 filings does Pharmaceutical Compliance Forum Inc have?
Pharmaceutical Compliance Forum Inc has 11 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 $472K in total revenue.
Filing History
IRS 990 filing history for Pharmaceutical Compliance Forum Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Pharmaceutical Compliance Forum Inc's revenue has grown by 1380.1%, moving from $30K to $439K. Total assets increased by 6730.1% over the same period, from $8K to $549K. Total functional expenses rose by 1679.8%, from $22K to $385K. In its most recent filing year (2023), Pharmaceutical Compliance Forum Inc reported a surplus of $54K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $439K | $385K | $549K | $0 | — | View 990 |
| 2022 | $400K | $205K | $495K | $0 | — | View 990 |
| 2021 | $306K | $229K | $300K | $0 | — | — |
| 2020 | $287K | $205K | $222K | $0 | — | — |
| 2019 | $304K | $237K | $139K | $0 | — | View 990 |
| 2018 | $226K | $278K | $73K | $0 | — | View 990 |
| 2017 | $258K | $261K | $125K | $0 | — | View 990 |
| 2016 | $245K | $223K | $128K | $0 | — | View 990 |
| 2015 | $195K | $156K | $106K | $0 | — | View 990 |
| 2014 | $250K | $192K | $66K | $0 | — | View 990 |
| 2013 | $30K | $22K | $8K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $439K, expenses of $385K, and assets of $549K (revenue +9.8% year-over-year).
- 2022: Revenue of $400K, expenses of $205K, and assets of $495K (revenue +30.7% year-over-year).
- 2021: Revenue of $306K, expenses of $229K, and assets of $300K (revenue +6.6% year-over-year).
- 2020: Revenue of $287K, expenses of $205K, and assets of $222K (revenue -5.4% year-over-year).
- 2019: Revenue of $304K, expenses of $237K, and assets of $139K (revenue +34.2% year-over-year).
- 2018: Revenue of $226K, expenses of $278K, and assets of $73K (revenue -12.4% year-over-year).
- 2017: Revenue of $258K, expenses of $261K, and assets of $125K (revenue +5.3% year-over-year).
- 2016: Revenue of $245K, expenses of $223K, and assets of $128K (revenue +25.6% year-over-year).
- 2015: Revenue of $195K, expenses of $156K, and assets of $106K (revenue -22.0% year-over-year).
- 2014: Revenue of $250K, expenses of $192K, and assets of $66K (revenue +743.6% year-over-year).
- 2013: Revenue of $30K, expenses of $22K, and assets of $8K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pharmaceutical Compliance Forum Inc:
Data Sources and Methodology
This transparency report for Pharmaceutical Compliance Forum 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.