The Florida Pharmacy Foundation Inc in Tallahassee, Florida (FL)

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The Florida Pharmacy Foundation Inc
Employer Identification Number (EIN)592190074
Name of OrganizationThe Florida Pharmacy Foundation Inc
Address610 N Adams St, Tallahassee, FL 32301-1114
ActivitiesStudy and research (non scientific)
SubsectionEducational Organization
Ruling Date07/1982
DeductibilityContributions are deductible
FoundationOrganization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2014
Assets$100,000 to $499,999
Income$25,000 to $99,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$247,434
Amount of Income$39,732
Form 990 Revenue Amount$39,732
National Taxonomy of Exempt Entities (NTEE)Health - General and Rehabilitative:


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Amount of income in 2014: $39,732 (it was $34,069 in 2013)
The Florida Pharmacy Foundation Inc: 

 $39,732
Other organizations performing similar types of work: 

 $349,095

Assets in 2014: $247,434 (it was $248,895 in 2013)
The Florida Pharmacy Foundation Inc: 

 $247,434
Other organizations performing similar types of work: 

 $2,144,262

Expenses in 2013: $39,333
The Florida Pharmacy Foundation Inc: 

 $39,333
Other organizations performing similar types of work: 

 $148,761

Income to expenses ratio in 2013: 1.0
This organization: 

 1.0
Other organizations performing similar types of work: 

 1.8

Grants share in income in 2013: 97.5%
The Florida Pharmacy Foundation Inc: 

 97.5%
Other organizations performing similar types of work: 

 17.4%

Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$40,048$41,515$34,069
Contributions, gifts, grants, and similar amounts received$33,322$21,072$33,220
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$0$0$0
Investment income$2,469$963$849
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$4,257$19,480$0
Gross profit/loss from sales of inventory$0$0$0
Other revenue$0$0$0
Total expenses$37,077$38,174$39,333
Total net assets$250,278$253,619$248,895
Excess/Deficit for the year$2,971$3,341$-5,264
Net assets or fund balances at beginning of year$247,307$250,278$253,619
Other changes in net assets or fund balances$0$0$540
Net assets or fund balances at end of year$253,619$248,895
Balance Sheets
201120122013
Total assets$250,278$253,619$248,895
Total liabilities$0$0$0
Net assets or fund balances$250,278$253,619$248,895
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?NoNo
Total amount involved$0$0
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities$0$0$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013)
2009 - 2013 Total
Public Support$204,130
Subtotal Support$204,130
Gifts, grants, contributions, and membership fees received$204,130
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support$0
Total Support$204,130
Public Support$204,130
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$0
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income. Do not include gain or loss from the sale of capital assets$0
Gross receipts from related activities, etc.$849
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1American Society For Pharmacology And Experimental Therapeutics Inc9650 Rockville Pike, Bethesda, MD 20814-3995MD1938-01$8,151,194
2American Institute Of The History Of Pharmacy777 Highland Ave, Madison, WI 53705-2222WI1943-09$349,095
3The Florida Pharmacy Foundation Inc610 N Adams St, Tallahassee, FL 32301-1114FL1982-07$39,732
4Pharmat IncPO BOX 734, Weatherford, OK 73096-0734OK1975-09$36,817
5Joint Commission For Pharmacist Care AccreditationPO BOX 255, Boulder, CO 80306-0255CO1998-09$0
Number of organizations performing similar types of work
Colorado1
Florida1
Maryland1
Oklahoma1
Wisconsin1
Total5

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