National Association Of Boards Of Pharmacy

Organization Overview

National Association Of Boards Of Pharmacy is located in Mount Prospect, IL. The organization was established in 1985. According to its NTEE Classification (E03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Health Care and related organizations. As of 12/2021, National Association Of Boards Of Pharmacy employed 212 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Association Of Boards Of Pharmacy 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 12/2021, National Association Of Boards Of Pharmacy generated $53.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $39.6m during the year ending 12/2021. While expenses have increased by 4.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

NABP ASSISTS MEMBER BOARDS OF PHARMACY FOR THE PURPOSE OF PROTECTING THE PUBLIC HEALTH.

Describe the Organization's Program Activity:

NABP EXAMINATION PROGRAMS INCLUDE THE NORTH AMERICAN PHARMACIST LICENSURE EXAMINATION ("NAPLEX"), THE MULTISTATE PHARMACY JURISPRUDENCE EXAMINATION ("MPJE"), THE FOREIGN PHARMACY GRADUATE EQUIVALENCY EXAMINATION ("FPGEE"), AS WELL AS PRACTICE EXAMINATIONS TO SUPPORT THE NAPLEX ("PRE-NAPLEX"), THE MULTISTATE PHARMACY JURISPRUDENCE EXAMINATION ("PRE-MPJE")AND THE FPGEE ("PRE-FPGEE"). DURING 2021, THERE WERE 17,565 ADMINISTRATIONS OF THE "NAPLEX" EXAM TO CANDIDATES FROM NUMEROUS SCHOOLS AND COLLEGES OF PHARMACY THROUGHOUT THE UNITED STATES; 31,431 ADMINISTRATIONS OF THE "MPJE" EXAM; AND 921 ADMINISTRATIONS OF THE "FPGEE" EXAM.


NABP ACCREDITATION PROGRAMS INCLUDE THE DURABLE MEDICAL EQUIPMENT, PROSTHETICS, ORTHOTICS, AND SUPPLIES ("DMEPOS"); THE DRUG DISTRIBUTOR ACCREDITATION PROGRAM (DDA); THE DIGITL PHARMACY ACCREDITATION PROGRAM (DPA) VERIFIED PHARMACY PROGRAM ("VPP"), OTC MEDICAL DEVICE DISTRIBUTORPROGRAM (OMDD), DOTPHARMACY PROGRAM, COMMUNITY PHARMACY PROGRAM, AND SPECIALTY PHARMACY PROGRAM.


COMMUNICATIONS PROGRAMS INCLUDES PUBLICATIONS BOTH WRITTEN AND ELECTRONIC SUCH AS INNOVATIONS, THE NABP NEWSLETTER THAT FEATURE ARTICLES ABOUT THE PRACTICE OF PHARMACY AND REGULATORY ISSUES, UPDATES ON PROGRAMS ANDS SERVICES AND ASSOCIATION NEWS, ENEWS EMAIL IS NEWS DELIVERED TO A SUBSCRIBER'S INBOX INCLUDING THE LATEST NEWS ABOUT REGULATORY ISSUES, MEDICATION SAFETY, AND ONLINE PHARMACY SAFETY. MARKETING OUTREACH TO CONSUMERS REGARDING NABP PROGRAMS AND DRUG SAFETY ISSUES AND CUSTOMER ENGAGEMENT SERVICES WHICH ASSISTS THE ASSOCIATION USERS WITH ACCESSING INFORMATION.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Barnes & Thornburg Llp
Legal Services
$491,644
Rita Shell Weiss
Consulting Services
$178,175
Faegre Drinker Biddle & Reath Llp
Legal And Consulting Services
$452,581
Baker Botts Llp
Legal Services
$407,784
Howard Kramer
Consulting Services
$149,500
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $2,920,773
All other contributions, gifts, grants, and similar amounts not included above$856,281
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,777,054
Total Program Service Revenue$37,288,681
Investment income $2,829,029
Tax Exempt Bond Proceeds $0
Royalties $2,818,211
Net Rental Income $0
Net Gain/Loss on Asset Sales $6,359,394
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $53,072,369

Grants Recieved

Over the last fiscal year, we have identified 3 grants that National Association Of Boards Of Pharmacy has recieved totaling $848,927.

Awarding OrganizationAmount
Pharmacy Technician Certification Board

Washington, DC

PURPOSE: TO ADVANCE PHARMACY TECHNICIANS

$820,000
Illinois Alcoholism & Drug Depen- Dence Association

Springfield, IL

PURPOSE: TO IMPROVE MINORITY HEALTH

$28,871
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$56
View Grant Recipient Profile

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