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Nonprofit · EIN 85-1666391

DRUG TAKEBACK SOLUTIONS FOUNDATION

Tax-exempt · WINSTON SALEM, NC 27101

Financials

$2.1M$4.7M2023$3.1M$4.7M2024
Revenue Expenses · by fiscal year end
Financials of DRUG TAKEBACK SOLUTIONS FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$3,084,312$4,737,777-$1,653,465$1,886,055$6,274,956-$4,388,901
December 31, 2023990$2,055,249$4,738,024-$2,682,775$463,256$3,248,559-$2,785,303
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$300,000
Program service revenue
$2,784,312
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$20,000
Salaries, compensation and benefits (total)
$20,000
Professional fundraising fees
$0
Legal fees
$722,644
Accounting fees
$611,500
Program services (functional)
$2,701,878
Management and general (functional)
$2,035,899

Balance sheet and other

Total assets, start of year
$463,256
Total assets, end of year
$1,886,055
Total liabilities, end of year
$6,274,956
Net assets, end of year
-$4,388,901
Net assets without donor restrictions
-$4,388,901
Gross receipts
$3,084,312
Employees
0
Volunteers
6
Year formed
2021
State of legal domicile
DE

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
ROBERT CARTERDIRECTOR
Trustee or director
1$10,000
SUSAN JONESDIRECTOR
Trustee or director
1$10,000
JOYCE BALLACKDIRECTOR
Trustee or director
1$0
CHRIS SMITHPRESIDENT
Officer
1$0
LEE SMITHTREASURER
Officer
1$0
JON PIERCESECRETARY
Officer
1$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
ROBERT CARTERDIRECTOR
Trustee or director
1$10,000
SUSAN JONESDIRECTOR
Trustee or director
1$10,000
JOYCE BALLACKDIRECTOR
Trustee or director
1$0
CHRIS SMITHPRESIDENT
Officer
1$0
LEE SMITHTREASURER
Officer
1$0
JON PIERCESECRETARY
Officer
1$0

Address and contacts

Address (IRS master file)
1 W 4TH ST STE 500, WINSTON SALEM, NC 27101-3971
In care of
% JOYCE BALLACK
Principal officer (990 for 2024)
CHRIS SMITH, ONE WEST FOURTH STREET 500, WINSTONSALEM, NC 27101
Signed the 990
LEE SMITH, TREASURER
Phone
(336) 770-3550
Return prepared by
BERNARD ROBINSON & COMPANY LLP

Mission

THE FOUNDATION, AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE "CODE"), CARRIES ON VARIOUS CHARITABLE AND EDUCATIONAL PROGRAMS AND ACTIVITIES SUPPORTING ITS PRIMARY MISSION TO REPRESENT PERSONS THAT MANUFACTURE DRUGS (BOTH PRESCRIPTION AND NONPRESCRIPTION, BRANDED AND GENERIC), HERBAL REMEDIES, DRUG PRODUCTS, BIOLOGICS, MEDICAL DEVICES, AND ANY OTHER SIMILAR PRODUCTS TO PLAN AND OPERATE DRUG TAKE-BACK PROGRAMS AND SIMILAR DRUG STEWARDSHIP LAWS.

990 for the year ended December 31, 2024

Program accomplishments

  • THE ORGANIZATION PROVIDES PHARMACEUTICAL MANUFACTURERS WITH A SYSTEM FOR THE COLLECTION, SHIPPING, AND DESTRUCTION OF UNWANTED MEDICATIONS IN COMPLIANCE WITH STATE AND LOCAL REQUIREMENTS.
    Expenses $2,701,878 · revenue $2,784,312

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
85-1666391
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2021
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E70)
Assets (IRS master file)
$1,886,055
Income (IRS master file)
$3,084,312

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$3,084,312$4,737,777$1,886,055XML
990December 2023$2,055,249$4,738,024$463,256XML
990December 2022$826,693$902,830$66,569IRS
990-EZDecember 2021–––IRS
990December 2020–––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 85-1666391).

Questions about DRUG TAKEBACK SOLUTIONS FOUNDATION

What is the EIN of DRUG TAKEBACK SOLUTIONS FOUNDATION?
The employer identification number (EIN) of DRUG TAKEBACK SOLUTIONS FOUNDATION is 85-1666391.
Is DRUG TAKEBACK SOLUTIONS FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to DRUG TAKEBACK SOLUTIONS FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does DRUG TAKEBACK SOLUTIONS 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 DRUG TAKEBACK SOLUTIONS FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did DRUG TAKEBACK SOLUTIONS FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of DRUG TAKEBACK SOLUTIONS FOUNDATION?
The 990 for the year ended December 31, 2024 names CHRIS SMITH.
Who are the officers and directors of DRUG TAKEBACK SOLUTIONS FOUNDATION?
The 990 for the year ended December 31, 2024 lists 6 people; 2 received compensation from the organization, the highest $10,000 (ROBERT CARTER, DIRECTOR).
How much revenue does DRUG TAKEBACK SOLUTIONS FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $3,084,312, expenses of $4,737,777 and total assets of $1,886,055 at year end.

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