Rx Outreach Inc
- Assets
- $4.0m
- Revenue
- $22.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Maryland Heights, MO
- Founding
- 06/2011
- Data as of
- 12/2023
- EIN
- 35-2378788
Organization Overview
Rx Outreach Inc is located in Maryland Heights, MO. The organization was established in 2011. According to its NTEE Classification (E60) the organization is classified as: Health Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rx Outreach Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Rx Outreach Inc generated $22.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (14.2%) each year. All expenses for the organization totaled $21.5m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (13.5%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED AFRODABLE MEDICATION TO LOW-INCOME INDIVIDUALS BY OFFERING NATIONWIDE ACCESS TO OVER 1,000 BRANDED AND GENERIC DRUGS. OVER 500,000 INDIVIDUALS HAVE BENEFITED FROM THE PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dusty Diekman Chair | 2 | $0 | |
Omar Maldonado Secretary | 2 | $0 | |
Phillip Huiswoud Treasurer | 2 | $0 | |
Michael Holmes Director | 1 | $0 | |
Richard White MD Director | 1 | $0 | |
Dr Louis Tripoli Director | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cpas For Hire Llc | 12/30/20 | $99,175 |
Thompson Coburn Llp | 12/30/20 | $54,350 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $13,575,739 |
| Interest on Savings | $156 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$336,196 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $9,342,976 |
| Total Revenue | $22,582,675 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $461,215 |
| Other employee salaries and wages | $3,078,356 |
| Pension plans, employee benefits | $812,627 |
| Interest | $0 |
| Taxes | $35,210 |
| Depreciation | $210,337 |
| Occupancy | $522,150 |
| Travel, conferences, and meetings | $35,459 |
| Printing and publications | $4,779 |
| Other expenses | $16,173,649 |
| Total operating and administrative expenses | $21,535,029 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $21,535,029 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $855,269 |
| Net Accounts receivable | $869,807 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $611,929 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $567,552 |
| Other assets | $1,069,404 |
| Total assets | $3,973,961 |
| Accounts payable and accrued expenses | $696,327 |
| Grants payable | $0 |
| Deferred revenue | $16,132 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $1,069,404 |
| Total liabilities | $1,781,863 |