Overview
What is National Association Of Boards Of Pharmacy?
The National Association of Boards of Pharmacy (NABP) is a nonprofit organization based in Mount Prospect, Illinois, with a mission to support member boards of pharmacy and state jurisdictions in maintaining public health. They accomplish this by developing, implementing, and enforcing uniform standards. NABP is well-known for offering various pharmacist licensing examinations, including the North American Pharmacist Licensure Examination (NAPLEX), the Multistate Pharmacy Jurisprudence Examination (MPJE), and the Foreign Pharmacy Graduate Equivalency Examination (FPGEE). In 2022, these examinations were administered to a total of 18,351, 34,929, and 448 candidates, respectively. NABP also provides accreditation in pharmacy, state licensing reciprocity, curriculum outcomes assessment examinations, assessment tools for licensure and remediation purposes, and maintenance of the Pharmacist Disciplinary Clearinghouse for licenses and a centralized repository for continuing professional education achievement for pharmacists and technicians.
Official website here: www.nabp.pharmacy
What are the reviews and ratings of this charity?
Charity Navigator Rating: 89% - Three-Star out of Four Stars
The National Association of Boards of Pharmacy has received a solid Three-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial management. The organization scored particularly high in areas such as independent board membership and financial oversight, indicating that it has robust governance structures in place. This level of accountability is essential for ensuring transparency and trust among donors and stakeholders.
The organization has maintained a high standard in its financial practices, with no reported material diversion of assets and a relatively low liabilities-to-assets ratio of 8.97%. Additionally, it demonstrates good practices in documenting its board meetings and maintaining conflict of interest and whistleblower policies. These factors contribute positively to its overall financial health and operational integrity.
However, while the program expense ratio is commendable, it stands at 64.48%, suggesting that there could be room for improvement in how funds are allocated towards programs versus administrative costs. Overall, the National Association of Boards of Pharmacy shows a strong commitment to ethical practices and governance, though enhancing programmatic spending could further strengthen its impact.
This AI summary has been generated from information found on Charity Navigator.
Is National Association Of Boards Of Pharmacy legitimate?
National Association Of Boards Of Pharmacy is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Association Of Boards Of Pharmacy submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $956,995
Professional Fundraising Fees: $0
Other Salaries and Wages: $16,327,993
For more financial information, click here
Official website here: www.nabp.pharmacy
What is the mission statement of National Association Of Boards Of Pharmacy?
The National Association of Boards of Pharmacy (NABP) assists member boards of pharmacy and state jurisdictions in developing, implementing, and enforcing uniform standards to safeguard public health. Their mission encompasses various initiatives, such as the creation of pharmacist licensing examinations, accreditation in pharmacy education, state licensing reciprocity for pharmacists, and the maintenance of a disciplinary clearinghouse for licenses. NABP also oversees a centralized repository for continuing professional education achievements for pharmacists and technicians. Their primary goal is to ensure consistent regulations and practices in pharmacy across different jurisdictions, ultimately prioritizing public health protection.
Official website here: www.nabp.pharmacy
Who is the CEO of National Association Of Boards Of Pharmacy?
Lemrey Al Carter is the Chairman of National Association Of Boards Of Pharmacy.
Official website here: www.nabp.pharmacy
What is the revenue of National Association Of Boards Of Pharmacy?
National Association Of Boards Of Pharmacy's revenue in 2022 was $46,171,815.
Official website here: www.nabp.pharmacy
Who are the executives of National Association Of Boards Of Pharmacy and what are their salaries?
The average compensation at National Association Of Boards Of Pharmacy during 2022 was $81,533. There are 212 employees and 9 volunteers at National Association Of Boards Of Pharmacy.
Here are 21 key members and their salaries:
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- Compensation: $593,762
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- Other: $66,412
- Compensation: $232,942
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- Other: $45,879
- Compensation: $282,184
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- Compensation: $244,067
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- Compensation: $252,841
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- Compensation: $244,846
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- Other: $55,252
- Compensation: $244,148
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- Other: $45,857
- Compensation: $224,936
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- Other: $38,760
Official website here: www.nabp.pharmacy
Where can I find the form 990 for National Association Of Boards Of Pharmacy?
National Association Of Boards Of Pharmacy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nabp.pharmacy
Learn more at the official website: www.nabp.pharmacy
Mission Statement of National Association Of Boards Of Pharmacy
The National Association of Boards of Pharmacy (NABP) is a vital organization that plays a significant role in assisting member boards of pharmacy and state jurisdictions. Its primary mission is geared towards protecting public health by developing, implementing, and enforcing uniform standards.
NABP's main objective is to support its member boards and state jurisdictions in safeguarding the public's wellbeing. To accomplish this, they offer various services, including the development of pharmacist licensing examinations, accreditation in pharmacy, state licensing reciprocity for pharmacists, and curriculum outcomes assessment examinations and assessment tools for licensure and remediation purposes.
Moreover, NABP maintains the Pharmacist Disciplinary Clearinghouse for licenses and a centralized repository for continuing professional education achievement for pharmacists and technicians. All these efforts are aimed at ensuring that the highest standards are met and upheld in the pharmacy field. By implementing these measures, NABP effectively contributes to the protection and enhancement of public health.
In summary, the National Association of Boards of Pharmacy is an essential organization dedicated to safeguarding public health by collaborating with member boards and state jurisdictions. Through their development, implementation, and enforcement of uniform standards, they ensure the delivery of quality healthcare services and promote a safe and effective pharmacy profession.
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Impact
October, 2024
The National Association of Boards of Pharmacy (NABP) plays a crucial role in safeguarding public health through its comprehensive support for member boards of pharmacy. By developing and facilitating standardized examination programs, such as the North American Pharmacist Licensure Examination (NAPLEX), the Multistate Pharmacy Jurisprudence Examination (MPJE), and the Foreign Pharmacy Graduate Equivalency Examination (FPGEE), NABP ensures that pharmacists meet uniform standards of competency before obtaining licensure.
In 2022 alone, NABP oversaw over 18,000 administrations of the NAPLEX exam and nearly 35,000 administrations of the MPJE, reflecting its significant influence on the training and qualification of pharmacy professionals across the country. Additionally, NABP assists in the establishment of pharmacist licensing reciprocity, promotes accreditation in pharmacy, and provides critical assessment tools for licensure and remediation.
By maintaining resources like the Pharmacist Disciplinary Clearinghouse and a centralized repository for continuing professional education achievements, NABP fosters ongoing professional development and accountability among pharmacists and technicians. This extensive framework not only upholds the integrity of the pharmacy profession but also enhances the quality of care provided to patients, ultimately contributing to the overall health of the public.
This information is meant to be a general summary of National Association Of Boards Of Pharmacy. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $5,243,113
- Program Service Revenue: $37,168,031
- Gross Receipts: $151,990,164
Assets and Liabilities:
- Total Assets: $114,860,797
- Total Liabilities: $10,313,322
- Net Assets: $104,547,475
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EXAMS AND ASSESSMENTS
Revenue
$24,153,735
ACCREDITATIONS
Revenue
$6,162,420
LICENSURE TRANSFERS
Revenue
$5,276,306
DOTPHARMACY
Revenue
$882,627
OTHER PROGRAM REVENUE
Revenue
$297,796
Organization Details
Founding Year
1904
Phone
(847) 391-4406Principal Officer
Lemrey Al Carter
Main Address
1600 FEEHANVILLE DRIVE, MOUNT PROSPECT, IL, 600566014
Website
www.nabp.pharmacyIf you are a representative of National Association Of Boards Of Pharmacy and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.