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National Association of Boards of Pharmacy

Mount Prospect, IL · EIN 36-1520565 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for calendar year 2025 (tax year 2025) · View the filing · Correct or respond

National Association of Boards of Pharmacy reported $50.6 million in revenue and $48.5 million in expenses for calendar year 2025. Of every $100 it spent, $63.34 went to program services, $36.66 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 83.6% of the total. The highest compensation it reported for one person was $767,461 (EXECUTIVE DIRECTOR/SECRETARY). 70 people received more than $100,000 in reportable compensation. Revenue rose 27% between 2019 and 2025. Source: Form 990, 2025.

Where $100 of spending went

Calendar year 2025 · Form 990, Part IX, line 25 · total expenses $49M

For context, the median across 2,433 covered unclassified charities: $88.27 programs, $11.68 management, $0.05 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2025 · Form 990, Part VIII · total revenue $51M

The 990 scorecard · same measures for every charity, no grades

2025 filing. Median across 2,433 covered charities in this category, from their latest filings.
Measure2025Median
Program services
Part IX 25(B) ÷ 25(A)
63.3%86.7%
Management & general
Part IX 25(C) ÷ 25(A)
36.7%11.5%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.01
Contributions & grants share of revenue
Part VIII 1h ÷ 12
1.8%29.9%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%3.8%
Program service revenue share
Part VIII 2g ÷ 12
83.6%58.9%
Highest reported compensation
Part VII-A, columns D–F
$767,461$301,601
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.58%1.38%
People paid over $100,000
Part VII, line 2
706
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
33.16.8
Independent voting board members
Part VI 1a–1b
12 of 12100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2025 · Form 990, Part III · the three largest programs by expense
$10M expenses · 33.3% of program spending · revenue $22M

Nabp examination programs include the north american pharmacist licensure examination ("naplex"), the multistate pharmacy jurisprudence examination ("mpje"), the foreign pharmacy graduate equivalency examination ("fpgee"), as well as practice examinations to support the naplex ("pre-naplex"), the multistate pharmacy jurisprudence examination ("pre-mpje") and the fpgee ("pre-fpgee"). During 2025, there were 15,347 administrations of the "naplex" exam to candidates from numerous schools and colleges of pharmacy throughout the united states; 28,384 administrations of the "mpje" exam; and 558…

$9.0M expenses · 29.4% of program spending · revenue $12M

Nabp accreditation programs include the durable medical equipment, prosthetics, orthotics, and supplies ("dmepos"); the drug distributor accreditation program ("dda"); the digital pharmacy accreditation program (dpa); supply chain inspection program ("sci"); verified pharmacy program ("vpp"); otc medical device distributor program; dotpharmacy program, community pharmacy program; and specialty pharmacy program

$1.7M expenses · 5.6% of program spending

Communications programs includes publications both written and electronic such as innovations, the nabp newsletter that feature articles about the practice of pharmacy and regulatory issues, updates on programs ands services and association news, enews email is news delivered to a subscriber's inbox including the latest news about regulatory issues, medication safety, and online pharmacy safety. Marketing outreach to consumers regarding nabp programs and drug safety issues and customer engagement services which assists the association users with accessing information

$9.7M all other programs (line 4d)

Highest reported compensation

2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
EXECUTIVE DIRECTOR/SECRETARY
Officer, 35.00 hrs/week
$691,810$0$75,651$767,461
ASSOCIATE EXECUTIVE DIRECTOR
Highest compensated employee, 35.00 hrs/week
$377,453$0$70,725$448,178
ASSOCIATE EXECUTIVE DIRECTOR
Key employee, 35.00 hrs/week
$303,849$0$55,272$359,121
ASSOCIATE EXECUTIVE DIRECTOR
Highest compensated employee, 35.00 hrs/week
$278,515$0$62,508$341,023
CHIEF TECHNOLOGY OFFICER
Highest compensated employee, 35.00 hrs/week
$272,960$0$61,931$334,891
ASSOCIATE EXECUTIVE DIRECTOR
Highest compensated employee, 35.00 hrs/week
$264,112$0$51,520$315,632
ASSOCIATE EXECUTIVE DIRECTOR
Highest compensated employee, 35.00 hrs/week
$263,402$0$51,544$314,946
CHIEF FINANCIAL OFFICER
Officer, 35.00 hrs/week
$217,877$0$38,084$255,961

70 people received more than $100,000 in reportable compensation from National Association of Boards of Pharmacy (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.4M (Part IX, line 5).

7 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$20M$40M$60M$80M2019202020212022202320242025$51M$49M
FilingRevenueExpensesProgramsNet assetsTop pay
2025 ⓘ$51M$49M63.3%$134M$767,461
2024 ⓘ$56M$44M66.9%$124M$734,905
2023 ⓘ$45M$44M65.0%$115M$646,927
2022 ⓘ$46M$43M66.0%$105M$660,174
2021 ⓘ$53M$40M63.2%$119M$2,926,180
2020 ⓘ$40M$37M64.1%$106M$1,019,043
2019 ⓘ$40M$38M62.0%$94M$938,459

Governance answers, as filed

2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b12 · 12 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aNo
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5205
  • Volunteers Part I, line 68

Largest outside contractors

2025 · Form 990, Part VII, Section B · businesses only
BAKER BOTTS LLP
Legal services
$2,930,916
TEN COUNT CONSULTING LLC
Consulting services
$2,072,430
ALIXPARTNERS LLP
Legal and consulting services
$983,505
INFONETWORKS LLC
Consulting services
$700,000
NATIONAL ECONOMIC RESEARCH ASSOCIATES I
Legal and consulting services
$302,515

Individuals listed as contractors are left out. 15 contractors were paid more than $100,000 in all.

Private foundation grants it received

1 private foundation reported grants to National Association of Boards of Pharmacy totaling $69 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from National Association of Boards of Pharmacy's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for National Association of Boards of Pharmacy, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All unclassified charities · Largest charities in Illinois

Questions people ask

How much of National Association of Boards of Pharmacy's spending goes to programs?

In calendar year 2025, National Association of Boards of Pharmacy reported that 63.3% of its $48.5 million in expenses went to program services, 36.7% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does National Association of Boards of Pharmacy pay its top executive?

The largest total compensation National Association of Boards of Pharmacy reported for one person in calendar year 2025 was $767,461, for the role of EXECUTIVE DIRECTOR/SECRETARY (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does National Association of Boards of Pharmacy get its money?

Of $50.6 million in revenue in calendar year 2025, 1.8% came from contributions and grants and 83.6% from program service revenue (Form 990, Part VIII).

Is National Association of Boards of Pharmacy a registered charity?

The IRS lists EIN 36-1520565 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024, 2025. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2025: Form 990 for calendar year 2025, object 202642239349300404 · read the filing
  • 2024: Form 990 for calendar year 2024, object 202543169349302824 · read the filing
  • 2023: Form 990 for calendar year 2023, object 202402489349300905 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202323169349300952 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202223189349311197 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202103159349308280 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202013219349304626 · read the filing

All filings for EIN 36-1520565: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.