Hda Research Foundation FY2020 filing

Tax-deductible

Washington, DC501(c)(3)EIN 52-1225130

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The foundation's mission is to conduct Research and education that creates knowledge and identifies business practices that improve the efficiency, safety and the integrity of the healthcare supply chain. To provide thought leadership to further enhance the safety and security of the healthcare supply chain through future-focused study and programming.

501(c)(3) charity; gifts are tax-deductible.
70¢ of each $1 spent went to programs.
$285K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average deficit $17K a year · 2% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
70%
of spending
Fine: 70% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$285K
to officers and key staff · 29% of spending
Worth a look: pay to officers and key staff is 29% of spending; over 20%.
Pt VII · Sec A
Cash reserves
12 mo
of spending, in cash
Looks good: 11.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $50K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$346K
34% of total assets
Looks good: liabilities are 34% of assets; 50% or less.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$765K
Spent
$984K
To programs
70%
Net assets
$665K
By yearFY2020–FY2024
Revenue
$765K
FY2020
Revenue by fiscal year
FY2020$765K
FY2021$849K
FY2022$965K
FY2023$1.2M
FY2024$1.0M
Expenses
$984K
FY2020
Expenses by fiscal year
FY2020$984K
FY2021$787K
FY2022$1.1M
FY2023$1.1M
FY2024$912K
Net assets
$665K
FY2020
Net assets by fiscal year
FY2020$665K
FY2021$727K
FY2022$628K
FY2023$704K
FY2024$811K

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 1981.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

70 cents of each dollar spent went to programs.

Program services 70% · $690K Management & general 22% · $216K Fundraising 8% · $78K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

19 people listed on the 990; $285K paid to officers and key staff.

Part VII, Section A · reportable compensation
EVP, Chief Operating Offic
$153,319Pt VII · Sec A
President & CEO (to 5/2020)
$63,083Pt VII · Sec A
President & CEO (as of 5/2020)
$28,547Pt VII · Sec A
EVP, Secretary/Treasurer
$24,982Pt VII · Sec A
VP, Member Dev
$8,345Pt VII · Sec A
SVP, Communications
$6,715Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Perry Fri$191,035$170,957$164,456$156,837—
Perry L Fri————$153,319
John M Gray————$63,083
Chip Davis$24,825$24,080$37,319$43,962$28,547
Ann Bittman$30,289$27,934$28,133$25,735—
Ann W Bittman————$24,982
John Parker—$10,054$19,425$7,040—
Lisa Kanfer————$8,345

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Improves healthcare supply chain efficiency, safety, and integrity through research and education.

Provided by the organization

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3 program services account for $579K of program spending, described in the organization's own filed words · FY2020.
01

The First 90 Days

Us biopharmaceutical finished goods supply chain response to COVID-19. This report examines the role that the supply chain played in delivering medicines safely and efficiently to patients during the unprecendented early days of the COVID-19 pandemic.

$339Kprogram expense
02

Hda Factbook (research Project)

Provides for the annual collection and analysis of industry data. This project includes the publication of the factbook, a comprehensive annual resource publication distributed to the supply chain companies and those with an interest in better understanding the healthcare distribution industry.

$130Kprogram expense
03

Specialty Facts, Figures, & Trends (research Project)

Highlights trends found in the specialty healthcare sector and serves as an industry benchmarking resource for industry participants, financial analysts, academia and others who have an interest in understanding the various aspects of this growing marketplace.

$110Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$50K
Grants paid · 1 grant · $18K · 2023–2023
Unitemized GrantFY2023$17,500

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$765K
Ln 12
Gifts and grantsLn 1h$625K
Fees for servicesLn 2g$138K
Investment incomeLn 3$2K
Money outPt IX
$984K
Ln 25
Programscol B$690K
Managementcol C$216K
Fundraisingcol D$78K
Owns and owesPt X
$665K
net assets · Ln 32
Cash and savingsLn 1–2$978K
Total assetsLn 16$1.0M
LiabilitiesLn 26$346K
PeoplePt VI, VII
19
listed · VII A
PaidVII A6
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$625K
Fees for servicesLn 2g$138K
Investment incomeLn 3$2K
Total revenueLn 12$765K
Assets in detailPt X, end of year
CashLn 1$308K
SavingsLn 2$670K
Cash and savings togetherLn 1–2$978K
InvestmentsLn 11–13$21K
Total assetsLn 16$1.0M
LiabilitiesLn 26$346K
Net assetsLn 32$665K
OperationsPt I, VI
EmployeesI 50
VolunteersI 613
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$800K$978K
InvestmentsLn 11–13$21K$21K
Total assetsLn 16$958K$1.0M
LiabilitiesLn 26$75K$346K
Net assetsLn 32$884K$665K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$325K$161K$92K$72K
Other salaries and wagesLn 7$22K$11K$6K$5K
Payroll taxesLn 10$2K$788$449$353
Legal feesLn 11b$10K$7K$4K
Accounting feesLn 11c$8K$8K
Other fees for servicesLn 11g$502K$502K
Office expensesLn 13$1K$145$58$1K
Conferences, conventions and meetingsLn 19$8K$7K$422
InsuranceLn 23$4K$4K
Other expenses (24a–d)Ln 24$100K$100K
Total functional expensesLn 25$984K$690K$216K$78K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.0M$912K$103K$811K 990 PDF
FY2023 $1.2M$1.1M$67K$704K 990 PDF
FY2022 $965K$1.1M−$100K$628K 990 PDF
FY2021 $849K$787K$62K$727K 990 PDF
FY2020 Viewing $765K$984K−$218K$665K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (4 parts)
Part VIII · Statement of revenue $765,385 across 6 lines filed
VIII-1d Related organizations$236,943
VIII-1f All other contributions, gifts and grants$388,000
VIII-1h Total contributions, gifts and grants$624,943
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $138,500$138,500
VIII-3 Investment incomeExcluded from tax $1,942$1,942
VIII-12 Total revenueRelated to mission $138,500 · Unrelated business $0 · Excluded from tax $1,942$765,385
Part IX · Statement of functional expenses $983,561 across 10 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $161,311 · Management $91,817 · Fundraising $72,270$325,398
IX-7 Other salaries and wagesPrograms $10,779 · Management $6,135 · Fundraising $4,829$21,743
IX-10 Payroll taxesPrograms $788 · Management $449 · Fundraising $353$1,590
IX-11b Legal feesPrograms $6,669 · Management $3,741$10,410
IX-11c Accounting feesManagement $8,373$8,373
IX-11g Other fees for servicesPrograms $502,352$502,352
IX-13 Office expensesPrograms $145 · Management $58 · Fundraising $1,046$1,249
IX-19 Conferences, conventions and meetingsPrograms $7,499 · Management $422$7,921
IX-23 InsuranceManagement $4,500$4,500
IX-24 Other expenses (24a–d)Management $100,025$100,025
IX-25 Total functional expensesPrograms $689,543 · Management $215,520 · Fundraising $78,498$983,561
Part X · Balance sheet $1,011,260 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $238,221$308,363
X-2 Savings and temporary cash investmentsStart of year $561,893$669,825
X-4 Accounts receivableStart of year $105,000$0
X-9 Prepaid expenses and deferred chargesStart of year $31,951$11,664
X-11 Publicly traded securitiesStart of year $21,353$21,408
X-16 Total assetsStart of year $958,418$1,011,260
X-17 Accounts payable and accrued expensesStart of year $2,148$0
X-19 Deferred revenueStart of year $0$161,500
X-25 Other liabilitiesStart of year $72,732$184,398
X-26 Total liabilitiesStart of year $74,880$345,898
X-27 Net assets without donor restrictionsStart of year $403,794$161,009
X-28 Net assets with donor restrictionsStart of year $479,744$504,353
X-32 Total net assets or fund balancesStart of year $883,538$665,362
X-33 Total liabilities and net assetsStart of year $958,418$1,011,260
Part XI · Reconciliation of net assets $665,362 net assets at year end
XI-1 Total revenue$765,385
XI-2 Total expenses$983,561
XI-3 Revenue less expenses−$218,176
XI-4 Net assets at start of year$883,538
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$665,362

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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