National Pharmaceutical Association Foundation in Cary, North Carolina (NC)

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National Pharmaceutical Association Foundation
Employer Identification Number (EIN)562178074
Name of OrganizationNational Pharmaceutical Association Foundation
Address107 Kilmayne Dr Ste C, Cary, NC 27511-4434
SubsectionCharitable Organization
Ruling Date07/2000
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$100,000 to $499,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$492,733
Amount of Income$200,150
Form 990 Revenue Amount$200,150
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Scholarships, Student Financial Aid Services, Awards

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Amount of income in 2012: $200,150 (it was $173,122 in 2011)
This organization: 

Other organizations performing similar types of work: 


Assets in 2012: $492,733 (it was $407,021 in 2011)
This organization: 

Other organizations performing similar types of work: 


Financial snapshot ($)

Revenue for 2011

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$173,122
Contributions, gifts, grants, and similar amounts received$158,665
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$12,562
Gain from sale of assets other than inventory$1,895
Gross amount from sale of assets other than inventory$1,895
Less: cost or other basis and sales expenses$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$132,799
Total net assets$407,021
Excess for the year$40,323
Net assets or fund balances at beginning of year$366,698
Other changes in net assets or fund balances$0
Balance Sheets (for 2011)
Total assets$407,021
Total liabilities$0
Net assets or fund balances$407,021
Other Information (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Support Schedule for Organizations Described in Section 509(a)(2) (for 2011)
2007 - 2011 Total
Total support$777,750
Gifts, grants, contributions, and membership fees received$739,552
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose$25,636
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
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$12,562
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Number of organizations performing similar types of work
District of Columbia190
North Carolina548
North Dakota21
New Hampshire123
New Jersey1,012
New Mexico109
New York1,422
Rhode Island122
South Carolina208
South Dakota48
West Virginia96
Total20,909 is not associated with, endorsed by, or sponsored by National Pharmaceutical Association Foundation and has no official or unofficial affiliation with National Pharmaceutical Association Foundation