Ncpa Innovation Center
Nonprofit profile at a glance
- EIN
- 371841962
- IRS 990 coverage
- 2016–2024
- Forms available
- Form 990 2024
- Location
- Alexandria, VA, USA
- Phone
- 7036832885
- Rating confidence
- Limited
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $2,226,022
- Expenses
- $1,767,706
- Assets
- $815,054
- Liabilities
- $304,089
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- KURT PROCTOR (PRESIDENT)
Highest reported compensation
- B DOUGLAS HOEY (CHAIRMAN): $696,912 total reported compensation
- MATTHEW SEILER (SECRETARY): $321,840 total reported compensation
- KURT PROCTOR (PRESIDENT): $289,885 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The ncpa innovation center is a supporting organization of ncpa whose mission is to further assist and accelerate the evolution of independent community pharmacies in the changing health care environment. Currently, these changes include:-value-based care delivery through the clinically integrated network (cpesn)-a growing focus on value and quality-based payments and declining product reimbursements-the integration of health care provider teams including pharmacists-an increase in consumer-driven health care-an increase in the services that can be provided in a community pharmacy setting-the influence of the digitalization of health care and business
What it reported doing in 2024
Practice transformation/education opportunities - whether you are a pharmacy owner, staff pharmacist, or pharmacy technician, ncpa can help you meet your continuing education requirements through a mix of live and online ce activities.1. Diabetes accreditation boot camp - is a turnkey online course that will help prepare you for dsme (diabetes self-management education) accreditation so you can finally start billing medicare and other payers for the diabetes education you provide.2. Pharmacy-based point-of-care testing certificate course - point-of-care testing is a natural niche and a critical component of your service revenue model moving forward. The pharmacy-based point-of-care test and treat national certificate program provides an opportunity to gain the skills and information necessary to develop a testing program for coronaviruses, influenza, group a streptococcus, HIV, and hepatitis c. Get the nuts-and-bolts on how to establish a thriving community pharmacy-based poct program.
Operating model
- Revenue model
- Earned-program. 96% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 65
- Accountability: 42
- Sustainability: 50
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 16.7%; rating input score 17; 6th percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 20.6%; rating input score 77; 77th percentile among comparable filings
- Total-asset coverage ratio: 0.46; rating input score 16; 16th percentile among comparable filings
- Liabilities to assets ratio: 0.37; rating input score 28; 28th percentile among comparable filings
- Officer compensation ratio: 5.8%; rating input score 48; 48th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 5.8% per year; rating input score 100; 47th percentile among comparable filings
- Asset growth: 23.9% per year; rating input score 100; 88th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 1 of 6 board members independent · 7 of 9 filing controls reported
- Programs: 3 filed program accomplishments
- Leadership: top reported pay $697K · 6 people listed · 0 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $550K reported
- Consistency: 9 of 9 current checks pass
- Schedules: 5 filed schedules · includes major donors and executive pay
- Filing history: 9 filing years from 2016 to 2024
- Contacts: How to reach this organization
- Related organizations: 4 filed related-organization links
- 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 17/100.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- High — Sustainability: Total-asset coverage ratio scored 16/100.
- High — Sustainability: Liabilities to assets ratio scored 28/100.
- Moderate — Sustainability: Officer compensation ratio scored 48/100.