Civica INC FY2023 filing

Lehi, UT501(c)(4)Since 2018 EIN 83-1246927Revenue $50.7M in FY2023

On file with the IRScivicarx.org2912 W Executive Pkwy Ste 325, 84043-4622 · Lehi, UTTax-exempt since Jul 2020

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Alleviate supply shortages for essential generic medications and ensure affordability for everyone.

78¢ of each $1 spent went to programs.
$4.8M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(4)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · 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 5
filings with a surplus
Average deficit $7.5M a year · 12% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
78%
of spending
Looks good: 78% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$4.8M
to officers and key staff · 5% of spending
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
2 mo
of spending, in cash
Fine: 2.5 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $27.9M
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$209.1M
88% of total assets
Concern: liabilities are 88% of assets; over 80%.
Pt X · Ln 26
Independent board members
15
of 16 voting members
Looks good: 15 of 16 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$50.7M
+15% vs prior year
Spent
$97.0M
To programs
78%
Net assets
$27.6M
By yearFY2020–FY2024
Revenue
$50.7M
FY2023▲ +15%
Tap a bar for its year
Revenue by fiscal year
FY2020$53.9M
FY2021$92.4M
FY2022$44.0M
FY2023$50.7M
FY2024$65.0M
Expenses
$97.0M
FY2023▲ +49%
Tap a bar for its year
Expenses by fiscal year
FY2020$27.3M
FY2021$40.6M
FY2022$65.2M
FY2023$97.0M
FY2024$113.2M
Net assets
$27.6M
FY2023▼ -63%
Tap a bar for its year
Net assets by fiscal year
FY2020$43.3M
FY2021$95.1M
FY2022$73.9M
FY2023$27.6M
FY2024−$20.7M

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 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 Jul 2020.

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

Where the money goes

78 cents of each dollar spent went to programs.

Program services 78% · $76.0M Management & general 22% · $21.0M

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

23 people listed on the 990; $4.8M paid to officers and key staff.

Part VII, Section A · reportable compensation
Supply Chain Officer (thru 6/23)
$1,152,525Pt VII · Sec A
Chief Executive Officer
$714,319Pt VII · Sec A
Chief Human Resources
$696,519Pt VII · Sec A
Chief Quality & Regulatory
$605,355Pt VII · Sec A
Chief Financial Officer
$466,939Pt VII · Sec A
General Counsel
$437,085Pt VII · Sec A
Chief Communications
$348,482Pt VII · Sec A
Senior VP Public Policy
$340,781Pt VII · Sec A

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

NameFY2024FY2023FY2022FY2021FY2020
Russell Gall Chief Mfg—$1,152,525———
Kristopher Weidling$796,605$696,519$528,395——
Ned McCoy$790,906$714,319$584,866$740,931$657,206
Jennifer Spalding$583,770$437,085$428,358$740,239—
Scott Gochnour———$736,322$657,206
Donna Gulbinski$621,572$605,355$593,278$731,655$657,206
Vikram Lamba———$504,731$690,622
Russell Alan Gall——$514,310$547,005$657,206

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 15aYes

Programs and updates

Ensures affordable, essential generic medications are available to everyone.

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Provided by the organization

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3 programs · $76.0M · in their own filed words · FY2023
01

Generic drug distributiondevelop an open and growing network of hospitals to expand the reach of civica's mission and its benefits to both members and non-members. Alleviate shortages of essential drug products and stabilize pricing by securing availability from existing manufacturers for the benefit of patients served by these members…

$42.3Mprogram expense
02

Fill

Finish facilitythe COVID-19 pandemic, which resulted in a spike in demand for medications in hospitals managing significant patient surges, brought to light the dependence of the united states on foreign manufacturers of generic, essential, life-saving medications; especially sterile injectables.

$32.5Mprogram expense
03

Out-patient serviceson or about january 23, 2020, civica announced an arrangement with the blue cross blue shield association ("bcbsa") and a number of independent blue cross and blue shield companies ("BCBSS; with bcbsa, the "blues").

$1.2Mprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
Civica FoundationFY2024$27.9M
Total grants receivedfrom 1 funder$27.9M

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$50.7M
Ln 12
Other incomeLn 4–11$37.9M
Gifts and grantsLn 1h$7.3M
Fees for servicesLn 2g$4.4M
Money outPt IX
$97.0M
Ln 25
Programscol B$76.0M
Managementcol C$21.0M
Owns and owesPt X
$27.6M
net assets · Ln 32
Cash and savingsLn 1–2$20.4M
Total assetsLn 16$236.7M
LiabilitiesLn 26$209.1M
PeoplePt VI, VII
23
listed · VII A
PaidVII A8
Voting boardVI 1a16
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$7.3M
Government grantsLn 1e$1.1M
Fees for servicesLn 2g$4.4M
Investment incomeLn 3$1.0M
Other incomeLn 4–11$37.9M
Total revenueLn 12$50.7M
Assets in detailPt X, end of year
SavingsLn 2$20.4M
Cash and savings togetherLn 1–2$20.4M
Land, buildings, equipmentLn 10c$159.2M
Other assetsLn 15$4.8M
Total assetsLn 16$236.7M
LiabilitiesLn 26$209.1M
Net assetsLn 32$27.6M
OperationsPt I, VI
EmployeesI 5293
VolunteersI 614
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 FY23End FY23
Cash and savingsLn 1–2$8.2M$20.4M
Land, buildings, equipmentLn 10c$135.3M$159.2M
Total assetsLn 16$233.8M$236.7M
LiabilitiesLn 26$160.0M$209.1M
Net assetsLn 32$73.9M$27.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$2.1M$1.6M$411K
Other salaries and wagesLn 7$30.3M$24.2M$6.1M
Pension plan contributionsLn 8$651K$521K$130K
Other employee benefitsLn 9$3.4M$2.7M$672K
Payroll taxesLn 10$1.5M$1.2M$296K
Legal feesLn 11b$367K$252K$115K
Accounting feesLn 11c$144K$99K$45K
Other fees for servicesLn 11g$9.2M$8.0M$1.2M
Advertising and promotionLn 12$219K$219K
Information technologyLn 14$1.4M$1.1M$299K
OccupancyLn 16$3.8M$3.5M$330K
TravelLn 17$1.1M$827K$298K
InterestLn 20$8.7M$8.7M
Depreciation, depletion and amortizationLn 22$173K$113K$60K
InsuranceLn 23$1.2M$847K$348K
Other expenses (24a–d)Ln 24$32.0M$30.2M$1.9M
All other expensesLn 24e$765K$632K$133K
Total functional expensesLn 25$97.0M$76.0M$21.0M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $65.0M$113.2M−$48.2M−$20.7M 990 PDF
FY2023 Viewing $50.7M$97.0M−$46.3M$27.6M 990 PDF
FY2022 $44.0M$65.2M−$21.2M$73.9M 990 PDF
FY2021 $92.4M$40.6M$51.8M$95.1M 990 PDF
FY2020 $53.9M$27.3M$26.6M$43.3M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $50,668,299 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $12,653,276$7,301,609
I-9 Program service revenuePrior year $4,527,404$4,426,613
I-10 Investment incomePrior year $42,562$1,036,174
I-11 Other revenuePrior year $26,730,418$37,903,903
I-12 Total revenuePrior year $43,953,660$50,668,299
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 $27,547,843$37,799,565
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $37,617,297$59,153,696
I-18 Total expensesPrior year $65,165,140$96,953,261
I-19 Revenue less expensesPrior year −$21,211,480−$46,284,962
Part VI · Governance 15 of 16 board members independent, no flags
VI-1a Voting members of the governing body16
VI-1b Independent voting members15
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $50,668,299 across 7 lines filed
Lines not itemized here account for $37,903,903 of total revenue; see the IRS return.
VIII-1d Related organizations$6,182,577
VIII-1e Government grants$1,053,932
VIII-1f All other contributions, gifts and grants$65,100
VIII-1h Total contributions, gifts and grants$7,301,609
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $4,426,613$4,426,613
VIII-3 Investment incomeExcluded from tax $1,036,174$1,036,174
VIII-12 Total revenueRelated to mission $42,330,516 · Unrelated business $0 · Excluded from tax $1,036,174$50,668,299
Part IX · Statement of functional expenses $96,953,261 across 17 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $1,642,526 · Management $410,747$2,053,273
IX-7 Other salaries and wagesPrograms $24,206,056 · Management $6,053,219$30,259,275
IX-8 Pension plan contributionsPrograms $521,162 · Management $130,327$651,489
IX-9 Other employee benefitsPrograms $2,685,817 · Management $671,644$3,357,461
IX-10 Payroll taxesPrograms $1,182,387 · Management $295,680$1,478,067
IX-11b Legal feesPrograms $251,726 · Management $114,985$366,711
IX-11c Accounting feesPrograms $98,961 · Management $45,204$144,165
IX-11g Other fees for servicesPrograms $8,002,658 · Management $1,224,570$9,227,228
IX-12 Advertising and promotionPrograms $218,546$218,546
IX-14 Information technologyPrograms $1,121,062 · Management $299,319$1,420,381
IX-16 OccupancyPrograms $3,459,785 · Management $330,206$3,789,991
IX-17 TravelPrograms $826,920 · Management $297,590$1,124,510
IX-20 InterestManagement $8,691,714$8,691,714
IX-22 Depreciation, depletion and amortizationPrograms $112,997 · Management $59,822$172,819
IX-23 InsurancePrograms $846,765 · Management $348,124$1,194,889
IX-24 Other expenses (24a–d)Programs $30,155,224 · Management $1,882,840$32,038,064
IX-24e All other expensesPrograms $631,822 · Management $132,856$764,678
IX-25 Total functional expensesPrograms $75,964,414 · Management $20,988,847 · Fundraising $0$96,953,261
Part X · Balance sheet $236,715,779 assets, 15 lines filed
X-2 Savings and temporary cash investmentsStart of year $8,158,580$20,367,715
X-4 Accounts receivableStart of year $17,746,093$17,504,398
X-8 Inventories for sale or useStart of year $65,109,192$34,137,726
X-9 Prepaid expenses and deferred chargesStart of year $693,769$722,963
X-10c Land, buildings and equipment, netStart of year $135,265,774$159,165,989
X-15 Other assetsStart of year $6,845,034$4,816,988
X-16 Total assetsStart of year $233,818,442$236,715,779
X-17 Accounts payable and accrued expensesStart of year $32,296,800$28,320,870
X-24 Unsecured notes and loans payableStart of year $127,102,804$180,368,513
X-25 Other liabilitiesStart of year $555,010$447,530
X-26 Total liabilitiesStart of year $159,954,614$209,136,913
X-27 Net assets without donor restrictionsStart of year −$26,136,172−$72,421,134
X-28 Net assets with donor restrictionsStart of year $100,000,000$100,000,000
X-32 Total net assets or fund balancesStart of year $73,863,828$27,578,866
X-33 Total liabilities and net assetsStart of year $233,818,442$236,715,779
Part XI · Reconciliation of net assets $27,578,866 net assets at year end
XI-1 Total revenue$50,668,299
XI-2 Total expenses$96,953,261
XI-3 Revenue less expenses−$46,284,962
XI-4 Net assets at start of year$73,863,828
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$27,578,866

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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