Society of St Vincent De Paul Charitable Pharmacy of North Texas
Nonprofit profile at a glance
- EIN
- 263273175
- IRS 990 coverage
- 2018–2024
- Forms available
- Form 990 2024, Form 990-N 2017
- Location
- Dallas, TX, USA
- Phone
- 2145200650
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Health Support Services
Reported finances
- Revenue
- $30,223,941
- Expenses
- $31,328,789
- Assets
- $3,611,597
- Liabilities
- $43,427
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Highest reported compensation
- Luis Gonzalez (Board Member): $161,071 total reported compensation
- Carlos Irula (Pharmacy Director): $153,738 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide free health-sustaining prescription medications to lower-income, uninsured Texans.
What it reported doing in 2024
The St. Vincent de Paul Pharmacy, which opened in 2018, is the first free-standing pharmacy in the state of Texas that provides lifesaving medications to the uninsured free of charge. Many residents of Texas cannot afford the necessary prescription medications to maintain their chronic, treatable conditions like diabetes, asthma and heart disease. The inability to sustain health affects the ability to maintain steady employment, care for family and escape poverty. It also contributes to increased costs across the health care system as unreimbursed emergency services become primary health care for those who cannot afford medication. We exist to serve those who cannot afford to sustain their health. The Pharmacy provided 91,975 30-day equivalent prescriptions to 3,598 unique patients free of charge with a total value of $30,343,947 (Average Wholesale Pricing valuation method).
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 98% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 99
- Transparency & Controls: 72
- Accountability: 100
- Sustainability: 31
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 99.6%; rating input score 100
- Fundraising efficiency: $630.7 raised per $1 spent on fundraising; rating input score 95; 95th percentile among comparable filings
Transparency & Controls
- Consistency checks: 92.9%; rating input score 93; 10th percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 99.8%; rating input score 100; 37th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -3.7%; rating input score 19; 19th percentile among comparable filings
- Total-asset coverage ratio: 0.12; rating input score 3; 3rd percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 92; 92nd percentile among comparable filings
- Officer compensation ratio: 0.5%; rating input score 89; 89th percentile among comparable filings
Growth
- Program expense growth: 35.9% per year; rating input score 100; 97th percentile among comparable filings
- Revenue growth: 33.6% per year; rating input score 100; 97th percentile among comparable filings
- Asset growth: 21.6% per year; rating input score 100; 91st percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 99.6% of spending went to programs
- Governance: 11 of 11 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $31.2M in reported program spending
- Leadership: top reported pay $161K · 12 people listed · 1 of 6 pay-setting controls reported
- Consistency: 27 of 29 current checks pass · 2 findings to review
- Schedules: 9 filed schedules · includes major donors, grants, and executive pay
- Filing history: 7 filing years from 2018 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: 2 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 — Sustainability: Operating margin scored 19/100.
- High — Sustainability: Total-asset coverage ratio scored 3/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Moderate — Transparency & Controls: Schedule M noncash within contributions did not reconcile in the filed values.