St Vincent De Paul Community Pharmacy of Cincinnati

Nonprofit profile at a glance

EIN
300272954
IRS 990 coverage
2011–2024
Forms available
Form 990 2024
Location
Cincinnati, OH, USA
Phone
5135628841
Rating
88
Verdict
STRONG
Rating confidence
Moderate
Sector
Emergency Assistance

Reported finances

Revenue
$20,548,877
Expenses
$19,382,077
Assets
$14,276,741
Liabilities
$269,821

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

30 people listed

Executive titles in this filing

  • TODD SZEWC (CHAIR PERSON/PRESIDENT)
  • WAYNE BOHENEK (VICE PRESIDENT)
  • BRAD MCMONIGLE (CHIEF EXECUTIVE OFFICER)
  • RUSTY CURINGTON (VICE PRESIDENT OF PHARMACY)

Highest reported compensation

  • BRAD MCMONIGLE (CHIEF EXECUTIVE OFFICER): $247,680 total reported compensation
  • RUSTY CURINGTON (VICE PRESIDENT OF PHARMACY): $180,759 total reported compensation
  • CINDY HAMMERSTROM (CHIEF FINANCIAL OFFICER): $165,042 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Provide medication and pharmaceutical care to neighbors in need.

What it reported doing in 2024

In fiscal year 2025, the charitable pharmacy filled 102,482 prescriptions valued at $17.7m to 2,901 unique patients. 92% of the prescriptions filled were with donated medication. The pharmacy utilized 247 volunteers throughout the year helping serve patients from hamilton, butler, warren, and clermont counties. Patients not only receive free medications but also experience positive health outcomes through the pharmacy's clinical programs. Clinical services include diabetes self-management education, tobacco cessation, medication therapy management, and health screenings. These interventions decrease emergency room visits and hospitalizations, improve medication adherence, and improve diabetes control. As a result of the pandemic, the charitable pharmacy added a nurse practitioner to its services for patients without a medical home.

Operating model

Revenue model
Donor-supported. 97% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 90% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 96
  • Transparency & Controls: 80
  • Accountability: 91
  • Sustainability: 52
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 94.4%; rating input score 94
  • Program expense ratio: 99.9%; rating input score 100
  • Fundraising efficiency: $1,768.64 raised per $1 spent on fundraising; rating input score 98; 98th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 93.3%; rating input score 93; 14th percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd 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: 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: 5.7%; rating input score 56; 56th percentile among comparable filings
  • Total-asset coverage ratio: 0.74; rating input score 26; 26th percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 90; 90th percentile among comparable filings
  • Officer compensation ratio: 4%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: 13.4% per year; rating input score 100; 80th percentile among comparable filings
  • Revenue growth: 13.2% per year; rating input score 100; 83rd percentile among comparable filings
  • Asset growth: 17.3% per year; rating input score 100; 85th percentile among comparable filings

Details

  • Where the money goes: 94.4% of revenue deployed · 99.9% of spending went to programs
  • Governance: 23 of 23 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $19.4M in reported program spending
  • Leadership: top reported pay $248K · 30 people listed · 3 of 6 pay-setting controls reported
  • Consistency: 28 of 29 current checks pass · 1 finding to review
  • Schedules: 9 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 13 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 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.

  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 26/100.
  • Review — Sustainability: Operating margin scored 56/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.