Outsourcing Facilities Association

IRS exemption revoked

Washington, DC501(c)(6)Community Development EIN 82-2421445Revenue $165K in FY2024

On file with the IRS1050 Connecticut Ave Nw Ste 1100, 20036-5318 · Washington, DCTax-exempt since Apr 2020

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

The organization's mission or most significant activities: the corporation is organized and shall be operated exclusively for purposes described in section 501(c)(6) of the code, including, but not limited to, engaging in activities that further the common business interests of the members of the corporation such as the following:promoting the general advancement of the pharmacy compunding industry.promoting public and governmental understanding of, and educating the public with respect to, pharmacy compounding.promoting advocacy within the industry and among the public.providing a forum for exchange of technical information, and engaging in any and all lawful activities as may be necessary and proper to accomplish the forgoing objects and purposes.

Run by 15 volunteers.
Mission: Form 990 Part I, line 1 · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
Revoked
IRS exemption revoked
Concern: the IRS revoked its tax exemption.
IRS Auto-Revocation List
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
2 of 4
filings with a surplus
Average deficit $9K a year · 3% of revenue · last 4 filings
Worth a look: a surplus in 2 of the last 4 filings.
Pt I · Ln 19 · 4 filings
5 mo
of spending, in cash
Looks good: 4.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
2
of 15 voting members
Worth a look: 2 of 15 voting members are independent, under half.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$165K
-43% vs prior year
Spent
$150K
Net assets
$57K
By yearFY2021–FY2024
Revenue
$165K
FY2024▼ -43%
Tap a bar for its year
Revenue by fiscal year
FY2021$381K
FY2022$291K
FY2023$287K
FY2024$165K
Expenses
$150K
FY2024▼ -52%
Tap a bar for its year
Expenses by fiscal year
FY2021$298K
FY2022$400K
FY2023$313K
FY2024$150K
Net assets
$57K
FY2024▲ +34%
Tap a bar for its year
Net assets by fiscal year
FY2021$178K
FY2022$70K
FY2023$43K
FY2024$57K

From the FY2024 Form 990 · see the original

990 PDF Claim
IRS revoked this organization's tax-exempt status on May 15, 2020

Is it real?

No. The IRS revoked its tax exemption. Latest filing on record: FY2024. IRS ruling in Apr 2020.

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

Who runs it and what they're paid

2 people listed on the 990.

Part VII, Section A · reportable compensation
Chairman
$0Pt VII · Sec A
General Counsel
$0Pt VII · Sec A
See Outsourcing Facilities Association executive salaries →

On this list? Claim this org

Something off? Claim to add context

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

Promotes the pharmacy compounding industry through education, advocacy, and technical information exchange.

Questions for Outsourcing Facilities Association

Tap to ask. Outsourcing Facilities Association sees how many people are interested.

Your first name shows with your question. Outsourcing Facilities Association answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · in their own filed words · FY2024
01

Promoting the general advancement of the pharmacy compounding INDUSTRY.PROMOTING public and governmental understanding of and educating the public with respect to pharmacy COMPOUNDING.PROMOTING advocacy within the industry and among the PUBLIC.PROVIDING a forum for exchange of techincal information.

Pt IX · col B

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$165K
Ln 12
Gifts and grantsLn 1h$165K
Money outPt IX
$150K
Ln 25
Owns and owesPt X
$57K
net assets · Ln 32
Cash and savingsLn 1–2$57K
Total assetsLn 16$57K
LiabilitiesLn 26$0
PeoplePt VI, VII
2
listed · VII A
PaidVII A0
Voting boardVI 1a15
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$165K
Total revenueLn 12$165K
Assets in detailPt X, end of year
CashLn 1$57K
Cash and savings togetherLn 1–2$57K
Total assetsLn 16$57K
LiabilitiesLn 26$0
Net assetsLn 32$57K
OperationsPt I, VI
EmployeesI 50
VolunteersI 615
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$43K$57K
Total assetsLn 16$43K$57K
LiabilitiesLn 26$0$0
Net assetsLn 32$43K$57K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Legal feesLn 11b$76K
Lobbying feesLn 11d$72K
Other expenses (24a–d)Ln 24$2K
Total functional expensesLn 25$150K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $165K$150K$15K$57K 990 PDF
FY2023 $287K$313K−$27K$43K 990 PDF
FY2022 $291K$400K−$109K$70K 990 PDF
FY2021 $381K$298K$83K$178K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $164,768 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $286,784$164,768
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $286,784$164,768
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $313,457$150,197
I-18 Total expensesPrior year $313,457$150,197
I-19 Revenue less expensesPrior year −$26,673$14,571
Part VI · Governance 2 of 15 board members independent, 4 to look at
VI-1a Voting members of the governing body15
VI-1b Independent voting members2
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $164,768 across 3 lines filed
VIII-1b Membership dues$164,768
VIII-1h Total contributions, gifts and grants$164,768
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$164,768
Part IX · Statement of functional expenses $150,197 across 3 lines filed
IX-11b Legal fees$76,285
IX-11d Lobbying fees$72,285
IX-24 Other expenses (24a–d)$1,627
IX-25 Total functional expenses$150,197
Part X · Balance sheet $57,444 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $42,873$57,444
X-16 Total assetsStart of year $42,873$57,444
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $42,873$57,444
X-32 Total net assets or fund balancesStart of year $42,873$57,444
X-33 Total liabilities and net assetsStart of year $42,873$57,444
Part XI · Reconciliation of net assets $57,444 net assets at year end
XI-1 Total revenue$164,768
XI-2 Total expenses$150,197
XI-3 Revenue less expenses$14,571
XI-4 Net assets at start of year$42,873
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$57,444

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.