Indian Pharmacists Association of California
Nonprofit profile at a glance
- EIN
- 262097387
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024, Form 990-EZ 2020
- Location
- Los Angeles, CA, USA
- Phone
- 3107301770
- Rating
- 57
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Small Business Development
Reported finances
- Revenue
- $114,360
- Expenses
- $93,271
- Assets
- $629,667
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- RAJAN VAIDYA (President)
People named in this filing
- PURVA PATEL (Director)
- JITESH ZALA (Director)
- PARTH PARIKH (Chairman)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To keep the member pharmacists well informed about the constantly changing environment of the pharmacy profession.to protect and further the economic interests of all the members.to support and assist those who are aspiring to enter the profession and who have chosen to pursue a career in pharmacy, with all the available resources.to serve the community by participating in the community health fairs and to educate the public about health related matters.to promote the cultural heritage and to improve the opportunity for social interaction among members.
What it reported doing in 2024
Providing services to educate and inform its members and promote the pharmacy profession.
Operating model
- Revenue model
- Earned-program. 83% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 93% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of voting board members are independent and a relatively small share of available resources goes toward mission work.
Rating breakdown
- Financial Efficiency: 55
- Transparency & Controls: 82
- Accountability: 6
- Sustainability: 76
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 58.9%; rating input score 59
- Program expense ratio: 67.3%; rating input score 67
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 13th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 7th percentile among comparable filings
- Governance controls: 1 of 7 controls in place; rating input score 14
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Fail
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 18.4%; rating input score 72; 72nd percentile among comparable filings
- Total-asset coverage ratio: 6.75; rating input score 84; 84th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: 2.5% per year; rating input score 100; 42nd percentile among comparable filings
- Revenue growth: 5.9% per year; rating input score 100; 57th percentile among comparable filings
- Asset growth: 11.6% per year; rating input score 100; 70th percentile among comparable filings
Details
- Where the money goes: 58.9% of revenue deployed · 67.3% of spending went to programs
- Governance: 0 of 9 board members independent · 1 of 7 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 18 of 18 current checks pass
- Schedules: 3 filed schedules
- Filing history: 10 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Independent voting board scored 0/100.
- Review — Financial Efficiency: Mission deployment rate scored 59/100.
- High — Accountability: Governance controls: 5 of 6 not reported.