Korean-american Pharmacists Association of Ny Inc
501(c)(6)Community
Only null% goes to programs Strong reserves Growing revenue
Korean-american Pharmacists Association of Ny Inc is a 501(c)(6) organization based in Fort Lee, New Jersey, registered in 2012, with $88,202 in FY2024 revenue. CharityIndex grades it C+.
C/o Fort Lee Rx 1562 Lemoine Ave, Fort Lee, NJ, 07024 EIN 27-1199435 Since 2012
Revenue (FY2024)
$88K
▲ 40.5% vs prior year
Community median: $184K
Expenses (FY2024)
$76K
Net assets
$380K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
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 Korean-american Pharmacists Association of Ny Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating60 mo reserves · +14% margin
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 Korean-american Pharmacists Association of Ny Inc: 60 mo reserves · +14% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Korean-american Pharmacists Association of Ny Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
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 Korean-american Pharmacists Association of Ny Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- C/o Fort Lee Rx 1562 Lemoine Ave, Fort Lee, NJ, 07024
- City
- Fort Lee
- State
- New Jersey
- Subcategory
- Business & Industry Associations
Financial trends
Revenue declined from $127K (FY2011) to $88K (FY2024) across 14 reported years.
Financial snapshot
Financial health & position (FY2024)
Operating margin
13.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$380K
Net assets
$380K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $88,202▲40.5% | $76,177▲981% | $380,481▲3.3% | $380,481▲3.3% | 990EZ |
| 2023 | $62,760▲107% | $7,044▲20.4% | $368,456▲17.8% | $368,456▲17.8% | 990EZ |
| 2022 | $30,316▲3206% | $5,851▲23.5% | $312,740▲8.5% | $312,740▲8.5% | 990EZ |
| 2021 | $917▲341% | $4,739▲50.7% | $288,275▼1.3% | $288,275▼1.3% | 990EZ |
| 2020 | $208▼98.2% | $3,144▼39.1% | $292,097▼1.0% | $292,097▼1.0% | 990EZ |
| 2019 | $11,250▼64.5% | $5,162▼90.5% | $295,033▲2.1% | $295,033▲2.1% | 990EZ |
| 2018 | $31,683▼29.5% | $54,327▲17.2% | $288,945▼7.3% | $288,945▼7.3% | 990EZ |
| 2017 | $44,915▲112% | $46,348▲1.7% | $311,589▼0.5% | $311,589▼0.5% | 990EZ |
| 2016 | $21,170▼77.1% | $45,574▼13.5% | $313,022▼7.2% | $313,022▼7.2% | 990EZ |
| 2015 | $92,387▼14.4% | $52,675▼3.8% | $337,425▲13.3% | $337,425▲13.3% | 990EZ |
| 2014 | $107,927▼18.4% | $54,774▲12.2% | $297,713▲21.7% | $297,713▲21.7% | 990EZ |
| 2013 | $132,331▲228% | $48,827▲10.8% | $244,560▲51.8% | $244,560▲51.8% | 990EZ |
| 2012 | $40,379▼68.1% | $44,084▼15.6% | $161,055▼2.2% | $161,055▼2.2% | 990EZ |
| 2011 | $126,702 | $52,225 | $164,760 | $164,760 | 990EZ |
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.
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Compare Korean-american Pharmacists Association of Ny Inc
Frequently asked questions
- Is Korean-american Pharmacists Association of Ny Inc a legitimate nonprofit?
- Yes. Korean-american Pharmacists Association of Ny Inc is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 27-1199435, based in Fort Lee, New Jersey.
- What is Korean-american Pharmacists Association of Ny Inc's EIN?
- Korean-american Pharmacists Association of Ny Inc's Employer Identification Number (EIN) is 27-1199435.
- How much revenue does Korean-american Pharmacists Association of Ny Inc report?
- Korean-american Pharmacists Association of Ny Inc reported $88,202 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Korean-american Pharmacists Association of Ny Inc have?
- CharityIndex grades Korean-american Pharmacists Association of Ny Inc C+, based on financial health (reserves and operating margin).
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Data for Korean-american Pharmacists Association of Ny Inc (EIN 27-1199435) 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.