Minnesota Medication Repository Program
Public records show a registered, tax-exempt organization in good standing.
What it says it does
ROUNDTABLERX IS MINNESOTA'S MEDICATION REPOSITORY PROGRAM. OUR MISSION IS TO OFFER SAFE AND AFORDABLE MEDICATION TO MINNESOTANS IN NEED, PROVIDE CONTINUITY OF CARE AND REDUCE WASTE BY REDISTRIBUTING UNUSED MEDICATIONS.
- Income
- $1.7 million
- Spending
- $1.3 million
- Spent on programs
- 97%
- Reserves
- 14.9 months of spending
- Largest source of income
- donations and private grants, 99%
- Employees
- 2
- Volunteers
- 25
- Highest pay
- $69,374, executive director
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 100 out of 100. Higher than 88% of charities in its peer group (health care, $1m to $10m).
Reserves
35 of 35Spendable reserves would cover 14.9 months of spending.
Debt
20 of 20It owes 6% of what it owns.
Living within its means
15 of 15Income exceeded spending by 25% of income.
Income trend
15 of 15Income rose 12% on the year before.
Spending floor
15 of 1597% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 67% of charities in its peer group (health care, $1m to $10m).
Independent board
25 of 2514 of 14 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $1.2 million spent. ROUNDTABLERX IS A LICENSED PHARMACY WHOLESALER WITH THE MINNESOTA BOARD OF PHARMACY. THE ORGANIZATION FUNCTIONS AS THE SOLE STATE-DESIGNATED MEDICATION REPOSITORY. IT IS OPERATED BY A LICENSED PHARMACIST AND SUPPORTED BY A STAFF PHARMACIST AND A TEAM OF VOLUNTEER PHARMACISTS, PHARMACY INTERNS AND OTHER SKILLED VOLUNTEERS. THE PROGRAM RECEIVES SURPLUS MEDICATION FROM HEALTHCARE ENTITIES AND THE PUBLIC THEN INSPECTS, INVENTORIES AND REDISTRUBUTES THEM TO CLINICS AND PHARMACY PARTNERS FOR DISPENSING TO UNDER-RESOURCED MINNESOTA PATIENTS. THE PROGRAM REDUCES THE AMOUNT OF MEDICATION DISPOSED, CREATING A POSITIVE ENVIROMENTAL IMPACT. THE PROGRAM STARTED IN THE SECOND HALF OF 2020, BUILDING ITS INFRASTRUCTURE, AND DEVELOPING ITS BUSINESSS OPERATION, GOVERNANCE AND FINANCES. IT RECEIVED ITS FIRST GIFT OF MEDICATION IN DECEMBER 2020.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since January 2021.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.