West Virginia Pharmacist Recovery Network
West Virginia Pharmacist Recovery Network faces declining revenue and operating deficits in recent years.
EIN: 200518113 · Charleston, WV · NTEE: F20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $112K |
| Total Expenses | $144K |
| Program Spending | 75% |
| Net Assets | $21K |
| Transparency Score | 60/100 |
Is West Virginia Pharmacist Recovery Network Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
West Virginia Pharmacist Recovery Network directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About West Virginia Pharmacist Recovery Network
West Virginia Pharmacist Recovery Network (EIN: 200518113) is a nonprofit organization based in Charleston, WV, classified under NTEE code F20. The organization reported total revenue of $112K and total assets of $33K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of West Virginia Pharmacist Recovery Network's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
West Virginia Pharmacist Recovery Network is a small nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of 4.2%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $112K |
| Total Expenses | $144K |
| Surplus / Deficit | $-32,593 |
| Total Assets | $33K |
| Total Liabilities | $12K |
| Net Assets | $21K |
| Operating Margin | -29.2% |
| Debt-to-Asset Ratio | 35.4% |
| Months of Reserves | 2.7 months |
Financial Health Grade: C
In 2021, West Virginia Pharmacist Recovery Network reported a deficit of $33K with expenses exceeding revenue, holds 2.7 months of operating reserves (limited), has a debt-to-asset ratio of 35.4% (moderate leverage).
Financial Trends
Over 10 years of filings (2011–2021), West Virginia Pharmacist Recovery Network's revenue has grown at a compound annual growth rate (CAGR) of 4.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -67.5% | -51.8% | -29.4% |
| 2019 | +10.4% | -8.0% | +50.9% |
| 2017 | -100.0% | +3.6% | +28.8% |
| 2016 | +274.6% | +270.8% | -36.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 West Virginia Pharmacist Recovery Network with a Mission Score of 60 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, West Virginia Pharmacist Recovery Network allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $33K, with expenses exceeding revenue.
- Debt-to-asset ratio: 35.4%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either unpaid or compensated through other means not classified as officer compensation, which is positive for minimizing overhead.
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 West Virginia Pharmacist Recovery Network's IRS 990 filings:
- Significant decline in revenue from $344,311 in 2019 to $111,807 in 2021.
- Operating deficits in multiple years (e.g., 2021: $111,807 revenue vs. $144,400 expenses; 2018: $311,980 revenue vs. $325,682 expenses).
- Reported $0 revenue in 2017 while incurring $338,686 in expenses, raising questions about financial sustainability and reporting accuracy.
- Increase in liabilities to $11,541 in 2021 after reporting $0 liabilities in prior years like 2019 and 2018.
Strengths
The following positive indicators were identified for West Virginia Pharmacist Recovery Network:
- Consistent reporting of 0% officer compensation across all filings, indicating low executive overhead.
- Long history of IRS 990 filings (10 filings), demonstrating commitment to transparency.
- Maintained operations despite significant revenue fluctuations and deficits in certain years, suggesting resilience.
Frequently Asked Questions about West Virginia Pharmacist Recovery Network
Is West Virginia Pharmacist Recovery Network a legitimate charity?
Based on AI analysis of IRS 990 filings, West Virginia Pharmacist Recovery Network (EIN: 200518113) some concerns. Mission Score: 60/100. 4 red flags identified, 3 strengths noted.
How does West Virginia Pharmacist Recovery Network spend its money?
West Virginia Pharmacist Recovery Network directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to West Virginia Pharmacist Recovery Network tax-deductible?
West Virginia Pharmacist Recovery Network is registered as a tax-exempt nonprofit (EIN: 200518113). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of West Virginia Pharmacist Recovery Network's spending goes to programs?
West Virginia Pharmacist Recovery Network directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does West Virginia Pharmacist Recovery Network compare to similar nonprofits?
With a transparency score of 60/100 (Good), West Virginia Pharmacist Recovery Network is above average for NTEE category F20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is West Virginia Pharmacist Recovery Network located?
West Virginia Pharmacist Recovery Network is headquartered in Charleston, West Virginia and files with the IRS under EIN 200518113. It is classified under NTEE code F20.
How many years of IRS 990 filings does West Virginia Pharmacist Recovery Network have?
West Virginia Pharmacist Recovery Network has 10 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 $112K in total revenue.
Is West Virginia Pharmacist Recovery Network a good charity?
The organization shows dedication to its mission by consistently reporting 0% officer compensation. However, its financial stability is a concern due to declining revenues, operating deficits in multiple years (e.g., 2021, 2018, 2017), and a significant increase in liabilities in 2021. A deeper look into its program effectiveness and funding sources would be necessary to fully assess its 'goodness'.
Why did the organization report $0 revenue in 2017?
The filing for period 201712 shows $0 in revenue while reporting $338,686 in expenses. This is an unusual financial event that could indicate a reporting error, a significant delay in recognizing revenue, or reliance on reserves/debt to cover operations that year. Further investigation into the detailed 990 filing for that period would be required to understand this anomaly.
What caused the significant drop in revenue from $344,311 in 2019 to $111,807 in 2021?
The substantial decrease in revenue over this two-year period suggests a significant change in funding streams, grant cycles, or donor support. This trend, coupled with expenses exceeding revenue in 2021, indicates potential financial challenges that could impact the organization's future operations.
Filing History
IRS 990 filing history for West Virginia Pharmacist Recovery Network showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2021), West Virginia Pharmacist Recovery Network's revenue has grown by 51.3%, moving from $74K to $112K. Total assets decreased by 9.6% over the same period, from $36K to $33K. Total functional expenses rose by 170.7%, from $53K to $144K. In its most recent filing year (2021), West Virginia Pharmacist Recovery Network reported a deficit of $33K, with expenses exceeding revenue. The organization holds $12K in liabilities against $33K in assets (debt-to-asset ratio: 35.4%), resulting in net assets of $21K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $112K | $144K | $33K | $12K | — | — |
| 2019 | $344K | $300K | $46K | $0 | — | View 990 |
| 2018 | $312K | $326K | $31K | $0 | — | View 990 |
| 2017 | $0 | $339K | $34K | $0 | — | View 990 |
| 2016 | $308K | $327K | $26K | $0 | — | View 990 |
| 2015 | $82K | $88K | $41K | $0 | — | View 990 |
| 2014 | $100K | $77K | $48K | $333 | — | View 990 |
| 2013 | $86K | $77K | $23K | $0 | — | View 990 |
| 2012 | $50K | $72K | $15K | $0 | — | View 990 |
| 2011 | $74K | $53K | $36K | $50 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $112K, expenses of $144K, and assets of $33K (revenue -67.5% year-over-year).
- 2019: Revenue of $344K, expenses of $300K, and assets of $46K (revenue +10.4% year-over-year).
- 2018: Revenue of $312K, expenses of $326K, and assets of $31K.
- 2017: Revenue of $0, expenses of $339K, and assets of $34K (revenue -100.0% year-over-year).
- 2016: Revenue of $308K, expenses of $327K, and assets of $26K (revenue +274.6% year-over-year).
- 2015: Revenue of $82K, expenses of $88K, and assets of $41K (revenue -18.0% year-over-year).
- 2014: Revenue of $100K, expenses of $77K, and assets of $48K (revenue +17.1% year-over-year).
- 2013: Revenue of $86K, expenses of $77K, and assets of $23K (revenue +70.0% year-over-year).
- 2012: Revenue of $50K, expenses of $72K, and assets of $15K (revenue -31.8% year-over-year).
- 2011: Revenue of $74K, expenses of $53K, and assets of $36K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for West Virginia Pharmacist Recovery Network:
Data Sources and Methodology
This transparency report for West Virginia Pharmacist Recovery Network 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.