Alliance For Transparent & Affordable Prescriptions Action
- Assets
- $55.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- Data as of
- 12/2022
- EIN
- 87-2536583
Organization Overview
Alliance For Transparent & Affordable Prescriptions Action is located in Washington, DC. According to its NTEE Classification (W01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Public & Societal Benefit 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 Action 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, Alliance For Transparent & Affordable Prescriptions Action generated $63.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (12.9%) each year. All expenses for the organization totaled $66.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
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. THE ORGANIZATION ALSO ENSURES THAT 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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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Schweitz MD President | 0 | $0 | |
Angus Worthing MD Vice Preside | 0 | $0 | |
Mark Box MD Secretary/tr | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $63,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $63,000 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $66,744 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $55 |
| Total expenses | $66,799 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $55,413 |
| Other assets | $0 |
| Total assets | $55,413 |
| Total liabilities | $0 |
| Net assets or fund balances | $55,413 |