The Pharmacy Technician Society Inc

Nonprofit profile at a glance

EIN
931453112
IRS 990 coverage
2024–2024
Forms available
Form 990 2024, Form 990-N 2023
Location
Bethesda, MD, USA
Phone
3016648696
Rating confidence
Limited

Official website

Reported finances

Revenue
$270,766
Expenses
$166,610
Assets
$227,285
Liabilities
$104,129

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

Leadership & pay

12 people listed

Executive titles in this filing

  • HANNAH K VANDERPOOL (EXECUTIVE DIRECTOR)
  • PAUL W ABRAMOWITZ (CHIEF EXECUTIVE OFFICER, ASHP)
  • DANIEL N NYAKUNDI (PRESIDENT)
  • NISHAMINY NISH KASBEKAR (IMMEDIATE PAST PRESIDENT, ASHP)

Highest reported compensation

  • PAUL W ABRAMOWITZ (CHIEF EXECUTIVE OFFICER, ASHP): $1,231,032 total reported compensation
  • JOHN HEBERLEIN (TREASURER, CHIEF FINANCIAL OFFICER, ASHP): $517,273 total reported compensation
  • KASEY K THOMPSON (CHIEF OPERATING OFFICER, ASHP): $508,238 total reported compensation

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

Overview

Mission

Tpts is an organization led by and comprised of pharmacy technicians to provide critical advocacy and advancement opportunities for the pharmacy technician workforce in all patient care settings. The organization offers a range of services, including comprehensive continuing education, career development, networking, practice resources, and standards for the professional practice of pharmacy technicians. Tpts promotes safe and effective medication use and advanced technician roles.tpts's vision is that all pharmacy technicians are recognized as essential healthcare practitioners, integral to achieving optimal patient care outcomes.

What it reported doing in 2024

Education & training: tpts offers continuing education learning activities that provide pharmacy technicians with the knowledge and skills necessary to acquire, maintain, and enhance professional competence. Pharmacytechce provides a wide variety of content designed specifically for pharmacy technicians in a web-based format. Additional educational activities are available in many different formats such as web-based, podcasts, and multimedia. These educational services help maintain and improve the competency of pharmacy technician professionals.

Operating model

Revenue model
Earned-program. 100% 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: 64
  • Accountability: 95
  • Sustainability: 57
  • Growth: NotEnoughData

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; 64th 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: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • 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: 38.5%; rating input score 87; 87th percentile among comparable filings
  • Total-asset coverage ratio: 1.36; rating input score 49; 49th percentile among comparable filings
  • Liabilities to assets ratio: 0.46; rating input score 12; 12th percentile among comparable filings
  • Officer compensation ratio: 163.8%; rating input score 0; 0th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 12 of 12 board members independent · 8 of 9 filing controls reported
  • Programs: 3 filed program accomplishments
  • Leadership: top reported pay $1.2M · 12 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 10 of 10 current checks pass
  • Schedules: 5 filed schedules · includes executive pay
  • Contacts: How to reach this organization
  • 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 — Transparency & Controls: Pay-setting controls scored 0/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 49/100.
  • High — Sustainability: Officer compensation ratio scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 12/100.