Patients For Affordable Drugs Now
- Assets
- $187.4k
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- Data as of
- 12/2022
- EIN
- 82-3044855
Organization Overview
Patients For Affordable Drugs Now is located in Washington, DC. Patients For Affordable Drugs Now is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Patients For Affordable Drugs Now generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 42.6% each year . All expenses for the organization totaled $2.6m 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
PATIENTS FOR AFFORDABLE DRUGS NOW WORKS AT THE COMMUNITY, STATE, AND FEDERAL LEVELS TO MOBILIZE PATIENTS TO SUPPORT LEGISLATION TO LOWER DRUG PRICES. IT ALSO ENGAGES IN A LIMITED NUMBER OF ELECTORAL CAMPAIGNS TO ELEVATE THE ISSUE OF HIGH DRUG PRICES IN POLITICAL DEBATE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RX DRUG PRICING LEGISLATION - P4ADNOW"S GOAL IS TO HELP ACHIEVE POLICY REFORMS AT THE FEDERAL AND STATE LEVELS THAT WILL LOWER DRUG PRICES. WE DO OUR WORK BY COLLECTING AND AMPLIFYING PATIENT STORIES, AND BY TRAINING AND DEPLOYING PATIENTS AND ADVOCATES. OUR FEDERAL AND STATE WORK INCLUDES ORGANIZING LETTER WRITING CAMPAIGNS TO A PATIENT'S ELECTED REPRESENTATIVES, ARRANGING MEETINGS WITH THE PATIENT'S ELECTED OFFICIALS, RUNNING ADVERTISEMENTS ENCOURAGING BIPARTISAN ACTION TO LOWER DRUG PRICES, AND BRIEFING AND PREPARING BACKGROUND MATERIALS FOR ADVOCATES WHO HAVE BEEN INVITED TO TESTIFY AT CONGRESSIONAL HEARINGS. WE HAVE BUILT A COMMUNITY OF MORE THAN 500,000 PATIENTS AND ALLIES WHO ARE STRUGGLING UNDER SKYROCKETING PRESCRIPTION DRUG PRICES AND WANT TO FIX OUR BROKEN SYSTEM.
GENERAL PROGRAM - PATIENTS FOR AFFORDABLE DRUGS NOW WORKS AT THE COMMUNITY, STATE, AND FEDERAL LEVELS TO MOBILIZE PATIENTS TO SUPPORT LEGISLATION TO LOWER DRUG PRICES. IT ALSO ENGAGES IN A LIMITED NUMBER OF ELECTORAL CAMPAIGNS TO ELEVATE THE ISSUE OF HIGH DRUG PRICES IN POLITICAL DEBATE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Mitchell Founder/president | OfficerTrustee | 20 | $0 |
Gloria Johnson-Cusack Board Member | Trustee | 1 | $0 |
Robert Jones Board Member | Trustee | 1 | $0 |
Merith Basey Executive Director | Officer | 40 | $0 |
Wendy Chew COO | Officer | 40 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Trilogy Interactive Llc Communication Support And Strategic Consultant Fees | 12/30/22 | $864,000 |
Betty And Smith Llc Various Production Costs Related To Tv And Radio Ads | 12/30/22 | $299,068 |
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 | $2,147,206 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,147,206 |
| Total Program Service Revenue | $0 |
| 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 | $2,147,206 |
| 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 | $0 |
| Fees for services: Legal | $5,968 |
| Fees for services: Accounting | $9,204 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $649,650 |
| Advertising and promotion | $0 |
| Office expenses | $12,547 |
| Information technology | $74,855 |
| Royalties | $0 |
| Occupancy | $89,922 |
| Travel | $12,073 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $198 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $36,539 |
| All other expenses | $0 |
| Total functional expenses | $2,562,422 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $121,503 |
| Savings and temporary cash investments | $49,848 |
| 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 | $16,004 |
| 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 | $187,355 |
| Accounts payable and accrued expenses | $14,741 |
| 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 | $14,741 |
| Net assets without donor restrictions | $172,614 |
| 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 | $187,355 |