American College of Apothecaries Research & Education Foundation In is a 501(c)(3) organization based in Bartlett, Tennessee, registered in 1984, with $56,159 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$56K
▲ 125.4% vs prior year
Diseases median: $206K
Expenses (FY2024)
$61K
Net assets
$900K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for American College of Apothecaries Research & Education Foundation In— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For American College of Apothecaries Research & Education Foundation In: 176 mo reserves · -9% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for American College of Apothecaries Research & Education Foundation In— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For American College of Apothecaries Research & Education Foundation In: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $89K (FY2016) to $56K (FY2024) across 8 reported years.
Financial snapshot
Operating margin
-9.1%
Spent more than it raised in the latest fiscal year.
Total assets
$951K
Total liabilities
$51K
Net assets
$900K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $56,159▲125% | $61,294▲46.5% | $900,296▲15.9% | $951,234▲13.7% | 990 |
| 2023 | $24,912▼61.3% | $41,845▼42.4% | $776,854▼2.1% | $836,883▼4.6% | 990 |
| 2022 | $64,440▼68.2% | $72,632▼44.1% | $793,788▲7.0% | $877,655▲2.2% | 990 |
| 2021 | $202,486▲205% | $129,882▲81.3% | $742,027▲10.9% | $858,587▼8.2% | 990 |
| 2020 | $66,407▼67.3% | $71,645▼61.1% | $669,258▼0.8% | $935,153▼3.0% | 990 |
| 2019 | $203,042▲247% | $184,162▲29.9% | $674,485▲2.9% | $963,755▲11.7% | 990 |
| 2018 | $58,489▼34.6% | $141,764▲41.0% | $655,591▲35.0% | $863,064▲24.7% | 990 |
| 2016 | $89,477 | $100,546 | $485,650 | $692,253 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
2 grants to American College of Apothecaries Research & Education Foundation In totaling $42K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Community Foundation of Greater Memphis Inc | General operational support | 2023 | $31,944 |
| Associated Jewish Charities of Baltimore | General support | 2019 | $10,000 |
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Data for American College of Apothecaries Research & Education Foundation In (EIN 58-1395320) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.