Alliance For Transparent & Affordable Prescriptions
- Assets
- $102.4k
- Revenue
- $126.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 05/2018
- Data as of
- 12/2022
- EIN
- 82-1470716
Organization Overview
Alliance For Transparent & Affordable Prescriptions is located in Washington, DC. The organization was established in 2018. According to its NTEE Classification (E80) the organization is classified as: Health (General & Financing), 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. Alliance For Transparent & Affordable Prescriptions 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 12/2022, Alliance For Transparent & Affordable Prescriptions generated $126.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.3% each year . All expenses for the organization totaled $147.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATIONS MISSION IS TO ADDRESS PRESCRIPTION DRUGS COSTS AND PATIENT ACCESS TO AFFORDABLE TREATMENT BY REGULATING PBM PRACTICES AND REFORNING THE DRUG INDUSTRY THROUGH EDUCATIONAL OUTREACH AND GRASSROOTS ADVOCACY INITIATIVES AT BOTH THE STATE AND FEDERAL LEVEL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PURPOSE OF THE ORGANIZATION IS TO: EDUCATE PHYSICIANS, PATIENTS, LEGISLATORS, AND THE GENERAL PUBLIC ABOUT PBMS AND THEIR ROLE IN THE PRESCRIPTION DRUG MARKET, WITH THE GOAL OF BRINGING AWARENESS TO THE IMPACT PBMS HAVE ON DRUG COSTS AND ACCESS TO TREATMENT AND ENSURE PATIENTS HAVE ACCESS TO EFFECTIVE AND AFFORDABLE MEDICATION THERAPIES BY DEVELOPING AND IMPLEMENTING A COMPREHENSIVE ADVOCACY PLAN THAT SEEKS TO INCREASE TRANSPARENCY AND FURTHER REGULATE PBM PRACTICES THROUGH LEGISLATION AND PUBLIC POLICY AT BOTH THE STATE AND FEDERAL LEVELS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert W Levin MD Chair | OfficerTrustee | $0 | |
Adrienne Hollander MD Vice Chair | Trustee | $0 | |
Howard Blumstein MD Secretary | OfficerTrustee | $0 | |
Ethel D Owen Cpc Treasurer | Trustee | $0 | |
Gary Feldman MD Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $126,500 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $126,500 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $7,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $139,143 |
| Advertising and promotion | $0 |
| Office expenses | $153 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $971 |
| All other expenses | $0 |
| Total functional expenses | $147,401 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $102,443 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $102,443 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $102,443 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $102,443 |