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← ACCREDITATION COUNCIL FOR PHARMACY EDUCATION

Form 990 for tax year 2023

Filed by ACCREDITATION COUNCIL FOR PHARMACY EDUCATION.

Totals

Total revenue
$6,534,455
Total expenses
$5,548,918
Contributions and grants received
$259,590
Grants paid
$0
Program service revenue
$6,031,000
Investment income
$243,822
Other revenue
$43
Total assets, end of year
$15,196,834
Total liabilities, end of year
$5,583,722
Net assets or fund balances, end of year
$9,613,112
Program services expenses (Part IX)
$4,983,680
Management and general expenses
$565,238
Fundraising expenses
$0
Program service expenses (Part III)
$4,983,680

Program services were 89.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $390

  • 1f · All other contributions, gifts and grants

    $259,200

  • 2a · Program service revenue: SCHOOL ASSESSMENT FEES

    total $2,280,194 · related or exempt $2,280,194

  • 2b · Program service revenue: CONTINUING EDUCATION

    total $3,116,149 · related or exempt $3,116,149

  • 2c · Program service revenue: INTERNATIONAL SERVICES

    total $634,657 · related or exempt $634,657

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $252,033 · excluded $252,033

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7a · Gross sales of assets other than inventory

    securities $5,995,228

  • 7b · Less cost or other basis and sales expenses

    securities $6,003,439

  • 7c · Gain or loss

    securities -$8,211 · other assets $0

  • 7d · Net gain or loss

    total -$8,211 · excluded -$8,211

  • 11a · Other revenue: OTHER

    total $43 · excluded $43

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $43

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0 · program services $0

  • 2 · Grants to domestic individuals

    total $0 · program services $0

  • 3 · Grants to foreign organizations and individuals

    total $0 · program services $0

  • 4 · Benefits paid to or for members

    total $0 · program services $0

  • 5 · Compensation of officers, directors and key employees

    total $417,425 · program services $132,943 · management and general $284,482 · fundraising $0

  • 6 · Compensation of disqualified persons

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 7 · Other salaries and wages

    total $1,991,728 · program services $1,962,758 · management and general $28,970 · fundraising $0

  • 8 · Pension plan contributions

    total $157,897 · program services $155,124 · management and general $2,773 · fundraising $0

  • 9 · Other employee benefits

    total $167,183 · program services $161,444 · management and general $5,739 · fundraising $0

  • 10 · Payroll taxes

    total $153,742 · program services $135,787 · management and general $17,955 · fundraising $0

  • 11a · Fees: management

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11b · Fees: legal

    total $350,396 · program services $328,816 · management and general $21,580 · fundraising $0

  • 11c · Fees: accounting

    total $49,910 · program services $44,565 · management and general $5,345 · fundraising $0

  • 11d · Fees: lobbying

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11e · Fees: professional fundraising services

    total $0 · fundraising $0

  • 11f · Fees: investment management

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11g · Fees: other

    total $80,816 · program services $80,816 · management and general $0 · fundraising $0

  • 12 · Advertising and promotion

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 13 · Office expenses

    total $152,205 · program services $136,665 · management and general $15,540 · fundraising $0

  • 14 · Information technology

    total $222,350 · program services $197,875 · management and general $24,475 · fundraising $0

  • 15 · Royalties

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 16 · Occupancy

    total $673,343 · program services $597,869 · management and general $75,474 · fundraising $0

  • 17 · Travel

    total $263,394 · program services $250,999 · management and general $12,395 · fundraising $0

  • 18 · Travel or entertainment for public officials

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 19 · Conferences, conventions and meetings

    total $335,894 · program services $319,389 · management and general $16,505 · fundraising $0

  • 20 · Interest

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 21 · Payments to affiliates

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $302,992 · program services $263,603 · management and general $39,389 · fundraising $0

  • 23 · Insurance

    total $74,359 · program services $66,295 · management and general $8,064 · fundraising $0

  • 24a · Other expenses: DUES AND MEMBERSHIPS

    total $62,631 · program services $59,422 · management and general $3,209 · fundraising $0

  • 24b · Other expenses: BANK FEES

    total $54,181 · program services $51,101 · management and general $3,080 · fundraising $0

  • 24c · Other expenses: Charitable Contributions

    total $263 · program services $0 · management and general $263 · fundraising $0

  • 24d · Other expenses: Equipment Rental

    total $26,490 · program services $26,490 · management and general $0 · fundraising $0

  • 24e · All other expenses

    total $11,719 · program services $11,719 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $4,269,240 · end of year $1,926,365

  • 2 · Savings and temporary cash investments

    beginning of year $3,192,583 · end of year $2,730,682

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $500,000 · end of year $513,696

  • 10a · Land, buildings and equipment: cost or other basis

    $3,531,557

  • 10b · Land, buildings and equipment: accumulated depreciation

    $503,646

  • 10c · Land, buildings and equipment, net

    beginning of year $3,315,523 · end of year $3,027,911

  • 11 · Investments: publicly traded securities

    beginning of year $2,599,828 · end of year $6,926,164

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $29,450 · end of year $72,016

  • 17 · Accounts payable and accrued expenses

    end of year $4,800

  • 19 · Deferred revenue

    beginning of year $5,726,269 · end of year $5,578,922

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $4,101 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $8,176,254 · end of year $9,613,112

Mission and programs · 2023

Mission

ACPE IS THE NATIONAL AGENCY FOR THE ACCREDITATION OF PROFESSIONAL DEGREE PROGRAMS IN PHARMACY AND OF PROVIDERS OF CONTINUING PHARMACY EDUCATION. ACPE ALSO OFFERS ACCREDITATION, EVALUATION, AND PRE-CERTIFICATION OF PROFESSIONAL DEGREE PROGRAMS INTERNATIONALLY. ADDITIONALLY, ALONG WITH THE AMERICAN SOCIETY OF HEALTH SYSTEM PHARMACISTS, ACPE ALSO ACCREDITS PHARMACY TECHNICIAN EDUCATION AND TRAINING PROGRAMS.

Activities or mission (Part I)

ACCREDITATION OF PROFESSIONAL DEGREE PROGRAMS OF SCHOOLS OF PHARMACY AND ACCREDITATION OF PROVIDERS OF CONTINUING PHARMACEUTICAL EDUCATION.

  • THE PROFESSIONAL DOCTOR OF PHARMACY ACCREDITATION PROGRAM OVERSEES THE ACCREDITATION AND PREACCREDITATION OF PROFESSIONAL DEGREE PROGRAMS IN PHARMACY LEADING TO THE DEGREE OF DOCTOR OF PHARMACY AT COLLEGES AND UNIVERSITIES WITHIN THE UNITED STATES, INCLUDING THOSE PROGRAMS OFFERED VIA DISTANCE EDUCATION. REVENUES GENERATED BY THE PROGRAM ARE DERIVED FROM SCHOOL ASSESSMENT AND ANNUAL SUSTAINING FEES.

    Expenses $2,118,287 · Revenue $2,280,194

  • THE CONTINUING EDUCATION PROVIDER ACCREDITATION PROGRAM IS DESIGNED TO ASSURE PHARMACISTS, BOARDS OF PHARMACY, AND OTHER PHARMACY COLLEAGUES OF THE QUALITY, UNIFORMITY AND DEPENDABILITY OF CONTINUING PHARMACY EDUCATION PROGRAMS. RELATED TO CONTINUING EDUCATION IS CONTINUING PROFESSIONAL DEVELOPMENT WHICH IS A SELF-DIRECTED, ONGOING, SYSTEMIC APPROACH TO LIFELONG LEARNING. REVENUES GENERATED BY THE PROGRAM ARE DERIVED FROM ANNUAL PROVIDER PARTICIPATION FEES.

    Expenses $1,752,435 · Revenue $3,116,149

  • THE INTERNATIONAL SERVICES PROGRAM OFFERS PROFESSIONAL DEGREE PROGRAM ACCREDITATION, CONSULTATION AND TRAINING TO STAKEHOLDERS AROUND THE WORLD WHO SEEK GUIDANCE RELATED TO QUALITY ASSURANCE AND ADVANCEMENT OF PHARMACY EDUCATION OUTSIDE OF THE UNITED STATES. REVENUES GENERATED BY THE PROGRAM ARE DERIVED FROM ANNUAL FEES AND ON-SITE EVALUATION AND CONSULTATION FEES.

    Expenses $1,090,305 · Revenue $634,657

  • Pharmacy Technician Education Accreditation Collaboration (PTAC) & Illinois Apprenticeship Grant (IAG)

    Expenses $22,653

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Amy Seybert

    PRESIDENT - AS OF 1/28/2023

    Total calculated
    $0
    Hours/week
    1

  • Lugina Mendez-Harper

    VICE PRESIDENT - AS OF 1/28/2023

    Total calculated
    $0
    Hours/week
    1

  • Reza Karami

    PRESIDENT - LEFT ROLE AS OF 1/28/2023

    Total calculated
    $0
    Hours/week
    1

  • Cindy D Stowe

    TREASURER - ASSUMED ROLE AS OF 01/28/2023

    Total calculated
    $0
    Hours/week
    1

  • John Clay Kirtley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kimberly Croley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Michael Mone

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Sharon L Youmans

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Susan E Buechele

    DIRECTOR (JOINED 07/01/2022)

    Total calculated
    $0
    Hours/week
    1

  • Winifred Landis

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Janet P Engle

    EXECUTIVE DIRECTOR

    Total calculated
    $417,424
    From this org
    $345,030
    From related orgs
    $0
    Other
    $72,394
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $345,030
    Bonus
    $0
    Other
    $0
    Deferred
    $33,000
    Nontaxable benefits
    $39,394
    Filer's total
    $417,424

  • Dawn Zarembski

    ASSISTANT DIRECTOR, ACCREDITAT

    Total calculated
    $213,977
    From this org
    $194,325
    From related orgs
    $0
    Other
    $19,652
    Hours/week
    30

    Schedule J breakdown matched by us

    Base
    $194,325
    Bonus
    $0
    Other
    $0
    Deferred
    $19,433
    Nontaxable benefits
    $219
    Filer's total
    $213,977

  • Dimitra Travlos

    ASSISTANT EXECUTIVE DIRECTOR

    Total calculated
    $294,848
    From this org
    $232,522
    From related orgs
    $0
    Other
    $62,326
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $232,522
    Bonus
    $0
    Other
    $0
    Deferred
    $23,252
    Nontaxable benefits
    $39,074
    Filer's total
    $294,848

  • Greg Boyer

    ASSOCIATE EXECUTIVE DIRECTOR

    Total calculated
    $312,415
    From this org
    $274,469
    From related orgs
    $0
    Other
    $37,946
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $274,469
    Bonus
    $0
    Other
    $0
    Deferred
    $27,447
    Nontaxable benefits
    $10,499
    Filer's total
    $312,415

  • Mary Kiersma

    ASSOCIATE DIRECTOR OF PROFESSI

    Total calculated
    $216,696
    From this org
    $182,104
    From related orgs
    $0
    Other
    $34,592
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $182,104
    Bonus
    $0
    Other
    $0
    Deferred
    $18,210
    Nontaxable benefits
    $16,382
    Filer's total
    $216,696

  • Mike Rouse

    ASSISTANT EXECUTIVE DIRECTOR

    Total calculated
    $233,490
    From this org
    $192,816
    From related orgs
    $0
    Other
    $40,674
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $192,816
    Bonus
    $0
    Other
    $0
    Deferred
    $19,282
    Nontaxable benefits
    $21,392
    Filer's total
    $233,490

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Written employment contract
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
11 June 2024
IRS schema version
2023v5.0
Source object
202441639349300834

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