AMERICAN ASSOCIATION OF COLLEGES OF PHARMACY Charity Report

Public IRS 990 nonprofit record

AMERICAN ASSOCIATION OF COLLEGES OF PHARMACY

EIN 36-2376972 · Health Care (E66Z)

What they do

ADVANCE PHARMACY EDUCATION, RESEARCH, SCHOLARSHIP, PRACTICE and SERVICE, IN PARTNERSHIP WITH MEMBERS and STAKEHOLDERS, to IMPROVE HEALTH for ALL.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $77.20 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders24 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

84.71%of revenue went to mission work77.2% of expenses · Program services

$109.79spent for every $100 of revenueSpending was higher than revenue this year.

25.09%of revenue went to management and office costs22.8% of expenses

$1.04in assets for every $1 spent this yearSome assets cannot be spent right away.

5.1%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $1,170,922 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $352,135 for LEE C VERMEULEN JR (EVP & CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$11,957,546

Mission workProgram services$10,128,79884.71% of revenue77.2% of expenses

ManagementOffice and general costs$2,999,67025.09% of revenue22.8% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$13,128,468109.79% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 77.2% mission · 22.8% management · 0.0% fundraisingTotal expenses: 109.79% of revenue

2023Expense mix: 78.7% mission · 21.3% management · 0.0% fundraisingTotal expenses: 112.11% of revenue

2022Expense mix: 80.2% mission · 19.8% management · 0.0% fundraisingTotal expenses: 106.14% of revenue

2021Expense mix: 77.4% mission · 22.6% management · 0.0% fundraisingTotal expenses: 90.49% of revenue

2020Expense mix: 79.9% mission · 20.1% management · 0.0% fundraisingTotal expenses: 89.33% of revenue

2019Expense mix: 82.7% mission · 17.3% management · 0.0% fundraisingTotal expenses: 103.84% of revenue

2018Expense mix: 83.3% mission · 16.7% management · 0.0% fundraisingTotal expenses: 96.25% of revenue

2017Expense mix: 79.8% mission · 20.2% management · 0.0% fundraisingTotal expenses: 97.82% of revenue

Money in and money out

Revenue$11,957,546

Expenses$13,128,468

Annual shortfall $1,170,922 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$10,128,798 · 77.2% of expenses

Management and office costs$2,999,670 · 22.8% of expenses

See all reported dollar amounts

Revenue$11,957,546

Expenses$13,128,468

Assets$13,650,560

Income$13,668,178

Contributions$615,315

Mission work (program services)$10,128,798

Grants given$1,594,717

Average grant$11,074

Management and general$2,999,670

Stocks and bonds$9,713,904

Accounting fees$36,592

Investing fees$44,902

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

LEE C VERMEULEN JREVP & CEO · 38 hrs/week $352,135Base $351,300 · Other $835

LYNETTE BRADLEY-BAKERSR. VP, CHIEF ENGAGEMENT OFFICER · 38 hrs/week $305,708Base $253,073 · Other $52,635

SUBRAMANYAM RAMAMURTHYSR. VP, CFO · 38 hrs/week $297,422Base $253,058 · Other $44,364

KELLY RAGUCCISR. VP, CAO · 38 hrs/week $260,245Base $219,336 · Other $40,909

TERRI S MOOREVP, CHIEF STRATEGY&DIVERSITY OFFICER · 38 hrs/week $236,381Base $203,618 · Other $32,763

SARAH P SHRADERSR. DIRECTOR OF AP & PD · 38 hrs/week $200,813Base $171,330 · Other $29,483

DOROTHY F FARRELLSR. DIRECTOR OF SCIENCE POLICY, CSO · 38 hrs/week $192,294Base $151,173 · Other $41,121

MICHELLE ASSA-ELEYSR. DIRECTOR OF EDUCATION · 38 hrs/week $180,321Base $161,822 · Other $18,499

MAUREEN O THIELEMANSSENIOR DIRECTOR OF COMMUNICATIONS · 38 hrs/week $162,192Base $129,832 · Other $32,360

CHRISTOPHER J DESIMONECHIEF OF STAFF · 38 hrs/week $141,939Base $131,425 · Other $10,514

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (24)

LEE C VERMEULEN JREVP & CEO

LYNETTE BRADLEY-BAKERSR. VP, CHIEF ENGAGEMENT OFFICER

SUBRAMANYAM RAMAMURTHYSR. VP, CFO

KELLY RAGUCCISR. VP, CAO

TERRI S MOOREVP, CHIEF STRATEGY&DIVERSITY OFFICER

SARAH P SHRADERSR. DIRECTOR OF AP & PD

DOROTHY F FARRELLSR. DIRECTOR OF SCIENCE POLICY, CSO

MICHELLE ASSA-ELEYSR. DIRECTOR OF EDUCATION

MAUREEN O THIELEMANSSENIOR DIRECTOR OF COMMUNICATIONS

CHRISTOPHER J DESIMONECHIEF OF STAFF

WALTER T SMITHDIRECTOR

ANA C QUINONES-BOEXDIRECTOR

TIMOTHY J BLOOMDIRECTOR

RUCHA BONDDIRECTOR

ROBIN ZAVODPRESIDENT ELECT

KATHERINE A KELLEYDIRECTOR

JENNIFER M HOOKSTRADIRECTOR

JENNIFER L ADAMSDIRECTOR

JEFF CAINDIRECTOR

GLORIA GRICESPEAKER OF THE HOUSE

GEORGE E MACKINNON IIIDIRECTOR

DAVID HOLDFORDTREASURER

CRAIG D COXIMMEDIATE PAST PRESIDENT

ANANDI V LAWPRESIDENT

About this charity

Recognized since: January 1975
Location: 1400 CRYSTAL DR STE 300, ARLINGTON, VA 22202-4156
County: Arlington
In care of: LEE C VERMEULEN JR
Primary officer: LEE C VERMEULEN JR, EVP & CEO

How to reach them

WebsiteVisit the charity’s website Phone(703) 739-2330

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: HAN GROUP LLC
NTEE classification: Health Care (E66Z)
Grant-giving organization: Yes