Tennessee Pharmacists Research And Education Foundation
EIN: 621450838 · Nashville, TN
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $5.8M |
| Net Assets | $748K |
Is Tennessee Pharmacists Research And Education Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Tennessee Pharmacists Research And Education Foundation
Tennessee Pharmacists Research And Education Foundation (EIN: 621450838) is a nonprofit organization based in Nashville, TN. The organization reported total revenue of $1.9M and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tennessee Pharmacists Research And Education Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tennessee Pharmacists Research And Education Foundation is a mid-size nonprofit that has been operating for 35 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 24.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.1M |
| Total Expenses | $5.8M |
| Surplus / Deficit | +$309K |
| Total Assets | $2.3M |
| Total Liabilities | $1.6M |
| Net Assets | $748K |
| Operating Margin | 5.0% |
| Debt-to-Asset Ratio | 67.5% |
| Months of Reserves | 4.7 months |
Financial Health Grade: A
In 2023, Tennessee Pharmacists Research And Education Foundation reported a surplus of $309K with revenue exceeding expenses, holds 4.7 months of operating reserves (adequate), has a debt-to-asset ratio of 67.5% (high leverage).
Financial Trends
Over 12 years of filings (2011–2023), Tennessee Pharmacists Research And Education Foundation's revenue has grown at a compound annual growth rate (CAGR) of 24.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +404.5% | +432.8% | +34.5% |
| 2022 | +226.4% | +135.4% | +54.4% |
| 2021 | -54.2% | -39.6% | -30.7% |
| 2020 | +45.0% | +14.9% | +15.2% |
| 2019 | -22.9% | +21.7% | +13.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Tennessee Pharmacists Research And Education Foundation 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 Tennessee Pharmacists Research And Education Foundation 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 $309K, with revenue exceeding expenses.
- Debt-to-asset ratio: 67.5%.
Frequently Asked Questions about Tennessee Pharmacists Research And Education Foundation
Is Tennessee Pharmacists Research And Education Foundation a legitimate charity?
Tennessee Pharmacists Research And Education Foundation (EIN: 621450838) is a registered tax-exempt nonprofit based in Tennessee. It has 12 years of IRS 990 filings on record. Total revenue: $1.9M. No red flags identified. Financial health grade: A.
How does Tennessee Pharmacists Research And Education Foundation spend its money?
Tennessee Pharmacists Research And Education Foundation reported $1.9M in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Tennessee Pharmacists Research And Education Foundation tax-deductible?
Tennessee Pharmacists Research And Education Foundation is registered as a tax-exempt nonprofit (EIN: 621450838). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Tennessee Pharmacists Research And Education Foundation located?
Tennessee Pharmacists Research And Education Foundation is headquartered in Nashville, Tennessee and files with the IRS under EIN 621450838.
How many years of IRS 990 filings does Tennessee Pharmacists Research And Education Foundation have?
Tennessee Pharmacists Research And Education Foundation has 12 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 $1.9M in total revenue.
Filing History
IRS 990 filing history for Tennessee Pharmacists Research And Education Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Tennessee Pharmacists Research And Education Foundation's revenue has grown by 1283.2%, moving from $443K to $6.1M. Total assets increased by 301% over the same period, from $574K to $2.3M. Total functional expenses rose by 1077.4%, from $494K to $5.8M. In its most recent filing year (2023), Tennessee Pharmacists Research And Education Foundation reported a surplus of $309K, with revenue exceeding expenses. The organization holds $1.6M in liabilities against $2.3M in assets (debt-to-asset ratio: 67.5%), resulting in net assets of $748K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.1M | $5.8M | $2.3M | $1.6M | — | — |
| 2022 | $1.2M | $1.1M | $1.7M | $1.3M | — | View 990 |
| 2021 | $372K | $464K | $1.1M | $815K | — | View 990 |
| 2020 | $813K | $768K | $1.6M | $1.2M | — | — |
| 2019 | $561K | $668K | $1.4M | $1.1M | — | View 990 |
| 2018 | $727K | $550K | $1.2M | $779K | — | View 990 |
| 2017 | $320K | $424K | $358K | $92K | — | — |
| 2016 | $380K | $411K | $505K | $135K | — | View 990 |
| 2014 | $540K | $512K | $616K | $159K | — | View 990 |
| 2013 | $212K | $209K | $565K | $137K | — | View 990 |
| 2012 | $166K | $201K | $613K | $188K | — | View 990 |
| 2011 | $443K | $494K | $574K | $115K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.1M, expenses of $5.8M, and assets of $2.3M (revenue +404.5% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.1M, and assets of $1.7M (revenue +226.4% year-over-year).
- 2021: Revenue of $372K, expenses of $464K, and assets of $1.1M (revenue -54.2% year-over-year).
- 2020: Revenue of $813K, expenses of $768K, and assets of $1.6M (revenue +45.0% year-over-year).
- 2019: Revenue of $561K, expenses of $668K, and assets of $1.4M (revenue -22.9% year-over-year).
- 2018: Revenue of $727K, expenses of $550K, and assets of $1.2M (revenue +127.5% year-over-year).
- 2017: Revenue of $320K, expenses of $424K, and assets of $358K (revenue -15.9% year-over-year).
- 2016: Revenue of $380K, expenses of $411K, and assets of $505K (revenue -29.6% year-over-year).
- 2014: Revenue of $540K, expenses of $512K, and assets of $616K (revenue +154.7% year-over-year).
- 2013: Revenue of $212K, expenses of $209K, and assets of $565K (revenue +27.6% year-over-year).
- 2012: Revenue of $166K, expenses of $201K, and assets of $613K (revenue -62.5% year-over-year).
- 2011: Revenue of $443K, expenses of $494K, and assets of $574K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tennessee Pharmacists Research And Education Foundation:
Data Sources and Methodology
This transparency report for Tennessee Pharmacists Research And Education Foundation 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.