Accreditation Council For Pharmacy Education

Organization Overview

Accreditation Council For Pharmacy Education is located in Chicago, IL. The organization was established in 1941. According to its NTEE Classification (G19) the organization is classified as: Support N.E.C., under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2021, Accreditation Council For Pharmacy Education employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Accreditation Council For Pharmacy Education 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 12/2021, Accreditation Council For Pharmacy Education generated $6.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $4.7m during the year ending 12/2021. While expenses have increased by 2.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

ACCREDITATION OF PROFESSIONAL DEGREE PROGRAMS OF SCHOOLS OF PHARMACY AND APPROVAL OF PROVIDERS OF CONTINUING PHARMACEUTICAL EDUCATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE PROFESSIONAL DOCTOR OF PHARMACY ACCREDITATION PROGRAM OVERSEES THE ACCREDITATION AND PREACCREDITATION OF PROFESSIONAL DEGREE PROGRAMS IN PHARMACY LEADING TO THE DEGREE OF DOCTOR OF PHARMACY AT COLLEGES AND UNIVERSITIES WITHIN THE UNITED STATES, INCLUDING THOSE PROGRAMS OFFERED VIA DISTANCE EDUCATION. REVENUES GENERATED BY THE PROGRAM ARE DERIVED FROM SCHOOL ASSESSMENT AND ANNUAL SUSTAINING FEES.


THE CONTINUING EDUCATION PROVIDER ACCREDITATION PROGRAM IS DESIGNED TO ASSURE PHARMACISTS, BOARDS OF PHARMACY, AND OTHER MEMBERS OF PHARMACY'S COMMUNITY OF INTERESTS OF THE QUALITY, UNIFORMITY AND DEPENDABILITY OF CONTINUING PHARMACY EDUCATION PROGRAMS. RELATED TO CONTINUING EDUCATION IS CONTINUING PROFESSIONAL DEVELOPMENT WHICH IS A SELF-DIRECTED, ONGOING, SYSTEMIC APPROACH TO LIFELONG LEARNING. REVENUES GENERATED BY THE PROGRAM ARE DERIVED FROM ANNUAL MEMBERSHIP FEES.


INTERNATIONAL SERVICES PROGRAM OFFERS PROFESSIONAL DEGREE PROGRAM CERTIFICATION AND PRECERTIFICATION, CONSULTATION AND TRAINING TO STAKEHOLDERS AROUND THE WORLD WHO SEEK GUIDANCE RELATED TO QUALITY ASSURANCE AND ADVANCEMENT OF PHARMACY EDUCATION OUTSIDE OF THE UNITED STATES. REVENUES GENERATED BY THE PROGRAM ARE DERIVED FROM ANNUAL FEES AND ON-SITE EVALUATION AND CONSULTATION FEES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Faegre Drinker Biddle Reath Llp
Legal Fees
$448,622
Rwk Design Services
It Consulting
$332,333
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $794,107
All other contributions, gifts, grants, and similar amounts not included above$216,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,010,107
Total Program Service Revenue$5,079,823
Investment income $67,116
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 $6,165,358

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Accreditation Council For Pharmacy Education has recieved totaling $86,400.

Awarding OrganizationAmount
American Pharmacists Association

Washington, DC

PURPOSE: DUES

$86,400
View Grant Recipient Profile

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