Overview
What is Aids Arms Inc?
Aids Arms Inc, also known as Prism Health Services of North Texas, is a Dallas-based nonprofit organization authorized under the Public Health Service Act and the Veterans Health Care Act of 1992. With a team of 204 employees, they focus on improving the health of North Texas residents by providing education, research, prevention, and personalized integrated HIV care. Their primary mission is to ensure access to vital medications for people living with HIV (PWH), whether they have third-party insurance coverage or not. The organization manages the 340B program, which allows them to purchase prescription drugs at reduced prices for eligible patients. They offer pharmacy services to both uninsured and insured PWH, with the latter having their drugs purchased at discounted prices and insurance carriers billed prevailing retail prices, generating net proceeds. These proceeds are subject to specific rules and regulations. In 2020, Aids Arms Inc provided pharmacy services to 1,718 uninsured PWH and 3,277 insured PWH.
Official website here: www.aidsarms.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 100% - Four-Star out of Four Stars .ating.
Aids Arms Inc has achieved a remarkable Four-Star rating from Charity Navigator, reflecting its commitment to accountability and financial transparency. The organization received a perfect score in all evaluated categories, showcasing its strong governance and responsible financial practices, which is crucial for donor confidence and support.
The nonprofit boasts a fully independent board with 14 members, ensuring diverse perspectives and avoiding conflicts of interest. Their financial statements are overseen by a dedicated Audit and Oversight Committee, and they have policies in place for whistleblowing, conflict of interest, and document retention, which further exemplifies their dedication to ethical operations.
In terms of financial health, Aids Arms Inc demonstrates an impressive program expense ratio of 96.48%, indicating that the vast majority of its funds are allocated directly to its programs rather than administrative costs. With a liabilities to assets ratio of 45.14%, the organization maintains a solid financial position, ensuring sustainability and capacity to serve its mission effectively.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Aids Arms Inc?
96% of 28 reviewers on Facebook recommend Aids Arms Inc. Here is a summary of their reviews:
Many individuals express their gratitude towards Aids Arms Inc, highlighting the organization's compassionate and supportive approach. Reviewers appreciate the care provided during difficult times, emphasizing how the staff genuinely go above and beyond to help those in need.
Overall, it’s clear that Aids Arms Inc is making a significant positive impact in the lives of many, showing that they not only deliver on their promises but also foster a sense of community and love among their clients.
This AI summary has been generated from reviews found on Facebook.
Is Aids Arms Inc legitimate?
Aids Arms Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aids Arms Inc 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.
Official website here: www.aidsarms.org
What is the mission statement of Aids Arms Inc?
Aids Arms Inc, also known as Prism Health Services of North Texas, is dedicated to enhancing the health of individuals in North Texas through various means. Their mission encompasses education, research, prevention, and personalized integrated HIV care. They strive to ensure that people with HIV have access to essential medications, regardless of insurance coverage. For those without insurance, they utilize Ryan White funds to provide drugs at no cost. For those with insurance, they offer discounted prices through contract pharmacies, generating net proceeds to further support their cause. In 2020, Aids Arms Inc dispensed outpatient drugs to over 1,700 individuals with no insurance coverage and over 3,000 individuals with insurance.
Official website here: www.aidsarms.org
Who is the CEO of Aids Arms Inc?
Javier Vallejo is the Chief Executive Officer of Aids Arms Inc.
Official website here: www.aidsarms.org
What is the revenue of Aids Arms Inc?
Aids Arms Inc's revenue in 2021 was $124,088,086.
Official website here: www.aidsarms.org
Who are the executives of Aids Arms Inc and what are their salaries?
Where can I find the form 990 for Aids Arms Inc?
Aids Arms Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.aidsarms.org
Learn more at the official website: www.aidsarms.org
Mission Statement of Aids Arms Inc
Aids Arms Inc, a renowned nonprofit organization, is dedicated to advancing the health of North Texas communities through education, research, prevention, and personalized integrated HIV care. Their mission is multifaceted, encompassing various aspects to tackle the challenges posed by HIV and ensure the well-being of affected individuals.
Through education, Aids Arms Inc aims to raise awareness and provide essential knowledge about HIV, its transmission, and prevention. They offer workshops, seminars, and training sessions to equip individuals with the necessary tools to make informed decisions and reduce the risk of infection. Research is another crucial component, with the organization conducting studies to discover new treatments and improve existing ones. Their work in this field contributes significantly to the broader scientific community's understanding of HIV and its impact on public health.
Prevention is another essential aspect of Aids Arms Inc's mission. They provide essential resources, including counseling and support services, to help at-risk individuals take proactive steps to protect their health. Personalized integrated HIV care is the cornerstone of their mission, ensuring that people living with HIV receive comprehensive and customized care that addresses their unique needs. By combining these elements, Aids Arms Inc is making a positive impact on the lives of those affected by HIV and contributing to the overall health and well-being of North Texas communities.
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Impact
October, 2024
AIDS Arms Inc., operating as Prism Health Services of North Texas, profoundly impacts the health landscape of North Texas by enhancing the well-being of individuals living with HIV. It achieves this through a multifaceted approach that includes education, research, prevention, and personalized integrated care.
One of the critical components of its impact is the management of the 340B program, which enables the organization to provide essential medications at reduced prices to people living with HIV (PWH). This program addresses the urgent needs of those without insurance coverage, ensuring that 1,718 eligible patients received necessary outpatient drugs funded through Ryan White funds. Additionally, around 3,277 insured patients benefit from discounted medications, further facilitating adherence to their treatment regimens and contributing to viral load suppression.
By integrating pharmacy services tailored to the unique circumstances of PWH, AIDS Arms Inc. not only enhances access to vital treatments but also fosters a sustainable financial model. The net proceeds generated through the 340B savings are reinvested into services that support the health and well-being of the community, ensuring ongoing support for education and prevention initiatives.
In summary, the work of AIDS Arms Inc. significantly reduces healthcare barriers for those affected by HIV, contributes to improved health outcomes, and strengthens the overall health system in North Texas.
This information is meant to be a general summary of Aids Arms Inc. 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 2021.
- Investment Income: -$19,281
- Program Service Revenue: $113,548,372
- Gross Receipts: $124,120,832
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
340B DRUG INCOME
Revenue
$85,566,583
STD 340B DRUG INCOME
Revenue
$22,901,532
CLINICAL TRIALS
Revenue
$402,287
PRISM REVENUE
Revenue
$1,050,844
MEDICAL RECORD COPIES
Revenue
$2,975
Organization Details
Founding Year
1986
Phone
(214) 521-5191Principal Officer
Javier Vallejo
Main Address
3900 JUNIUS ST SUITE 300, DALLAS, TX, 75246
Website
www.aidsarms.orgNTEE Category
Code: G81Z - Disease
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