Ncpa Innovation Center Services
- Assets
- $334.0k
- Revenue
- $129.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Alexandria, VA
- Founding
- 04/2016
- Data as of
- 06/2021
- EIN
- 81-1609354
Organization Overview
Ncpa Innovation Center Services is located in Alexandria, VA. The organization was established in 2016. According to its NTEE Classification (E60) the organization is classified as: Health Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ncpa Innovation Center Services 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 06/2021, Ncpa Innovation Center Services generated $129.5k 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 (13.1%) each year. All expenses for the organization totaled $3.8k during the year ending 06/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE EDUCATION, RESEARCH AND CHARITABLE INVOLVEMENT TO ENHANCE THE HEALTH AND WELFARE OF COMMUNITIES THROUGH OPTIMIZED UTILIZATION OF COMMUNITY PHARMACIES AT THE GREATEST VALUE TO THE U.S. HEALTH SYSTEM, WITH NCPA AND ICS'S SOLE VOTING MEMBER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION, RESEARCH, AND CHARITABLE INVOLVEMENT TO ENHANCE THE HEALTH AND WELFARE OF COMMUNITIES THROUGH OPTIMIZED UTILIZATION OF COMMUNITY PHARMACIES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Doug Hoey Chairman | OfficerTrustee | 2 | $0 |
Kurt Proctor President | OfficerTrustee | 2 | $0 |
Parmjit Pj Agarwal Trustee | Trustee | 2 | $0 |
Amina Abubakar Trustee | Trustee | 2 | $0 |
Michele Belcher Trustee | Trustee | 2 | $0 |
Jeff Carson Trustee | Trustee | 2 | $0 |
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 | $124,250 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $124,250 |
| Total Program Service Revenue | $0 |
| Investment income | $2,416 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,824 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $129,490 |
| 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 | $0 |
| Fees for services: Accounting | $3,245 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $531 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $25 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $3,801 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $84,208 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $165 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $249,675 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $334,048 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $334,048 |
| 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 | $334,048 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Ncpa Innovation Center Services has recieved totaling $30,000.
| Awarding Organization | Amount |
|---|---|
Pfizer Foundation Inc New York, NY PURPOSE: US - COMMUNITY GRANT SUPPORT | $30,000 |
Endowment Analysis
| Beg. Balance | $249,675 |
| Earnings | $3,640 |
| Ending Balance | $253,315 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lsa Pharmacy Inc Salisbury, NC | $13,077,982 | $7,537,503 |
Arlington Free Clinic Inc Arlington, VA | $10,623,564 | $5,707,203 |
Maryland Community Health Initiatives Baltimore, MD | $771,484 | $4,218,123 |
Fredericksburg Area Regional Health Council Inc Fredericksburg, VA | $3,229,753 | $4,303,398 |
Pharmaceutical Research And Manufacturers Of America Fnd Inc Washington, DC | $26,230,760 | $3,693,166 |
Whole Womans Advocacy Alliance Charlottesville, VA | $2,944,404 | $5,509,310 |
Greater Hickory Cooperative Christian Ministry Hickory, NC | $4,458,990 | $3,541,261 |
Cornerstone Support Services Providence Forge, VA | $1,749,824 | $3,920,333 |
American College Of Osteopathic Internists Inc Arlington, VA | $6,444,455 | $4,032,744 |
Faith Community Pharmacy Inc Florence, KY | $973,915 | $2,852,601 |
Carolina Collaborative Community Care Inc Fayetteville, NC | $3,441,365 | $1,867,243 |
Foreign Credentialing Commission On Physical Therapy Alexandria, VA | $7,542,229 | $2,840,104 |