Nonprofit · EIN 56-2178074
NATIONAL PHARMACEUTICAL ASSOCIATION FOUNDATION
Tax-exempt · CARY, NC 27512
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $151,772 | $268,305 | -$116,533 | $628,108 | $249 | $627,859 |
| December 31, 2024 | 990 | $735,571 | $540,581 | $194,990 | $744,392 | $0 | $744,392 |
| December 31, 2023 | 990 | $127,391 | $147,337 | -$19,946 | $549,402 | $0 | $549,402 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $121,402
- Program service revenue
- $0
- Investment income
- $30,370
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $27,150
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $53
- Program services (functional)
- $248,137
- Management and general (functional)
- $20,168
Balance sheet and other
- Total assets, start of year
- $744,392
- Total assets, end of year
- $628,108
- Total liabilities, end of year
- $249
- Net assets, end of year
- $627,859
- Publicly traded securities
- $543,546
- Net assets without donor restrictions
- $627,859
- Gross receipts
- $151,772
- Employees
- 0
- Volunteers
- 12
- Year formed
- 2000
- State of legal domicile
- NC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PAT ACHOE | TRUSTEE Trustee or director | 8 | $0 |
| WALLENE BULLARD | TRUSTEE Trustee or director | 8 | $0 |
| ROBBIE CHRISTIAN | TRUSTEE Trustee or director | 8 | $0 |
| ALFTAN DYSON | TRUSTEE Trustee or director | 8 | $0 |
| LEONARD EDLOW | TRUSTEE Trustee or director | 8 | $0 |
| TAMARA MCCANTS | TRUSTEE Trustee or director | 8 | $0 |
| RODERICK PETERS | TRUSTEE Trustee or director | 8 | $0 |
| KENDRA ROUNDTREE | EXECUTIVE DI Trustee or director, Officer | 8 | $0 |
| BENGY MITCHELL PHARMD RPH | SECRETARY Trustee or director, Officer | 8 | $0 |
| CARLETON MAXWELL PHARMD RPH | EXECUTIVE DI Trustee or director, Officer | 8 | $0 |
| TERRENCE V BURROUGHS MBA CMTM RPH | CHAIRMAN Trustee or director, Officer | 8 | $0 |
| JERMAINE SMITH | TREASURER Trustee or director, Officer | 8 | $0 |
| KEVIN SNEED | TRUSTEE Trustee or director | 8 | $0 |
990 for the year ended December 31, 2024: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PAT ACHOE | TRUSTEE Trustee or director | – | $0 |
| WALLENE BULLARD | TRUSTEE Trustee or director | – | $0 |
| ROBBIE CHRISTIAN | TRUSTEE Trustee or director | – | $0 |
| LEONARD EDLOE | TRUSTEE Trustee or director | – | $0 |
| TAMARA MCCANTS | TRUSTEE Trustee or director | – | $0 |
| FRANK NORTH | TRUSTEE Trustee or director | – | $0 |
| BENGY MITCHELL PHARMD RPH | SECRETARY Trustee or director, Officer | – | $0 |
| CARLETON MAXWELL PHARMD RPH | EXECUTIVE DI Trustee or director, Officer | – | $0 |
| HW TED MATTHEWS PHD RPH | CHAIRMAN EME Trustee or director | – | $0 |
| TERRENCE V BURROUGHS MBA CMTM RPH | CHAIRMAN Trustee or director, Officer | – | $0 |
| JERMAINE SMITH | TREASURER Trustee or director, Officer | – | $0 |
| KEVIN SNEED | TRUSTEE Trustee or director | – | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PAT ACHOE | TRUSTEE Trustee or director | – | $0 |
| WALLENE BULLARD | TRUSTEE Trustee or director | – | $0 |
| ROBBIE CHRISTIAN | TRUSTEE Trustee or director | – | $0 |
| LEONARD EDLOE | TRUSTEE Trustee or director | – | $0 |
| TAMARA MCCANTS | TRUSTEE Trustee or director | – | $0 |
| FRANK NORTH | TRUSTEE Trustee or director | – | $0 |
| BENGY MITCHELL PHARMD RPH | SECRETARY Trustee or director, Officer | 8 | $0 |
| CARLETON MAXWELL PHARMD RPH | EXECUTIVE DI Trustee or director, Officer | 8 | $0 |
| HW TED MATTHEWS PHD RPH | CHAIRMAN EME Trustee or director | – | $0 |
| TERRENCE V BURROUGHS MBA CMTM RPH | CHAIRMAN Trustee or director, Officer | 8 | $0 |
| JERMAINE SMITH | TREASURER Trustee or director, Officer | 8 | $0 |
| KEVIN SNEED | TRUSTEE Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 5131, CARY, NC 27512-5131
- Principal officer (990 for 2025)
- TERRENCE V BURROUGHS MBA CMTM RPH, THE BURROUGHS MANAGEMENT GROUP INC, 107 KILMAYNE DR SUITE C, CARY, NC 27511
- Signed the 990
- TERRENCE V BURROUGHS MBA CMTM RPH, CHAIRMAN
- Phone
- (919) 469-5858
- Return prepared by
- JAMES A LUCAS AND COMPANY LLP
Mission
TO SUPPORT THE ACTIVITIES OF THE NATIONAL PHARMACEUTICAL ASSOCIATION, INCLUDING EDUCATION PROGRAMS, RESEARCH PROJECTS, AND INNOVATIVE PHARMACY PRACTICES. FURTHERMORE, THE NATIONAL PHARMACEUTICAL ASSOCIATION FOUNDATION PROVIDES SCHOLARSHIPS TO MINORITY AND UNDERSERVED STUDENTS THAT ARE MEMBERS OF THE STUDENT NATIONAL PHARMACEUTICAL ASSOCIATION.
Program accomplishments
- TO INSTITUTE, SPONSOR, ESTABLISH, FOSTER AND PROMOTE EDUCATION PROGRAMS AND RESEARCH PROJECTS AND INNOVATIVE PHARMCY PRACTICES IN THE FIELD OF PHARMACY INCLUDING CAREER COUNSELING, STUDENT AND PEER ASSISTANCE, POST-GRADUATE EDUCATION, PROFESSIONAL UTILIZATION AND PUBLIC HEALTH ASSISTANCE.Expenses $248,137 · grants $27,150
- SCHOLARSHIPS FOR PHARMACY STUDENTS
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 56-2178074
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2000
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $628,108
- Income (IRS master file)
- $151,772
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $151,772 | $268,305 | $628,108 | XML |
| 990 | December 2024 | $735,571 | $540,581 | $744,392 | XML |
| 990 | December 2023 | $127,391 | $147,337 | $549,402 | XML |
| 990 | December 2022 | $25,787 | $57,997 | $550,065 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 56-2178074).
Questions about NATIONAL PHARMACEUTICAL ASSOCIATION FOUNDATION
- What is the EIN of NATIONAL PHARMACEUTICAL ASSOCIATION FOUNDATION?
- The employer identification number (EIN) of NATIONAL PHARMACEUTICAL ASSOCIATION FOUNDATION is 56-2178074.
- Is NATIONAL PHARMACEUTICAL ASSOCIATION FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to NATIONAL PHARMACEUTICAL ASSOCIATION FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NATIONAL PHARMACEUTICAL ASSOCIATION FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NATIONAL PHARMACEUTICAL ASSOCIATION FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NATIONAL PHARMACEUTICAL ASSOCIATION FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of NATIONAL PHARMACEUTICAL ASSOCIATION FOUNDATION?
- The 990 for the year ended December 31, 2025 names TERRENCE V BURROUGHS MBA CMTM RPH.
- Who are the officers and directors of NATIONAL PHARMACEUTICAL ASSOCIATION FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 13 people; 0 received compensation from the organization.
- How much revenue does NATIONAL PHARMACEUTICAL ASSOCIATION FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $151,772, expenses of $268,305 and total assets of $628,108 at year end.
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