Overview
What is Dermatology Foundation?
The Dermatology Foundation, situated in Evanston, Illinois, serves as a nonprofit organization dedicated to advancing patient care in the field of dermatology. They accomplish this by financing research through universities and colleges. Their primary mission is to support and cultivate the future generation of dermatology educators and clinical leaders. By funding research, the foundation aims to improve patient care and contribute to the development of innovative treatments in this specific medical field. With a team of six dedicated individuals, the Dermatology Foundation plays a significant role in advancing dermatological knowledge and care.
Official website here: www.dermatologyfoundation.org
What are the reviews and ratings of this charity?
89% rating from Charity Navigator, earning a Three-Star out of Four Star rating. This score reflects a solid performance in various areas, with a particularly strong emphasis on Accountability & Finance, Culture & Community, and Leadership & Adaptability. The organization's high scores in these categories suggest effective governance and a commitment to transparency.
One of the Dermatology Foundation's strengths includes its independent board structure, boasting 100% independent members, which is indicative of robust oversight and a lack of conflicts of interest. Additionally, the charity excels in financial management, as evidenced by its low liabilities to assets ratio and a strong working capital ratio, suggesting a stable financial position.
However, while the Foundation shows commendable accountability and high engagement practices, its fundraising efficiency ratio appears somewhat low, indicating potential areas for improvement in fundraising strategies. Overall, the Dermatology Foundation demonstrates strong operational integrity but may benefit from enhancing its fundraising effectiveness to further its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Dermatology Foundation legitimate?
Dermatology Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dermatology Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $798,594
Professional Fundraising Fees: $0
Other Salaries and Wages: $343,757
For more financial information, click here
Official website here: www.dermatologyfoundation.org
What is the mission statement of Dermatology Foundation?
The Dermatology Foundation's primary mission is to fund research in the field of dermatology. This aim is to advance patient care and support the development and retention of future teachers and clinical leaders in dermatology. By conducting scientific studies and research through universities and colleges, the organization aims to contribute significantly to the field of dermatology.
Official website here: www.dermatologyfoundation.org
What is the revenue of Dermatology Foundation?
Dermatology Foundation's revenue in 2023 was $3,819,593.
Official website here: www.dermatologyfoundation.org
Who are the executives of Dermatology Foundation and what are their salaries?
The average compensation at Dermatology Foundation during 2023 was $228,470. There are 5 employees and 100 volunteers at Dermatology Foundation.
Here are 15 key members and their salaries:
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- Compensation: $286,587
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- Other: $27,178
- Compensation: $145,513
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- Other: $22,896
Official website here: www.dermatologyfoundation.org
Where can I find the form 990 for Dermatology Foundation?
Dermatology Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.dermatologyfoundation.org
Learn more at the official website: www.dermatologyfoundation.org
Mission Statement of Dermatology Foundation
The Dermatology Foundation, a renowned organization, is committed to advancing patient care in the field of dermatology by funding research. One of its primary missions is to support and foster the growth of tomorrow's teachers and clinical leaders in dermatology. By investing in scientific studies and research conducted through universities and colleges, the Dermatology Foundation aims to contribute to the development of innovative treatments and improve the overall understanding of skin conditions. This mission is vital in ensuring that patients receive the best possible care and that the specialty of dermatology continues to progress, retaining talented professionals in the field.
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Impact
July, 2024
The Dermatology Foundation's impact lies in advancing patient care and nurturing future leaders in the field of dermatology through funding scientific research. By supporting research conducted at universities and colleges, the organization plays a crucial role in driving innovation and progress in dermatological treatment and education. This, in turn, leads to improved healthcare outcomes for patients and a more robust community of knowledgeable and skilled dermatology professionals.
This information is meant to be a general summary of Dermatology Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $1,230,826
- Program Service Revenue: $203,294
- Gross Receipts: $22,190,488
Assets and Liabilities:
- Total Assets: $53,178,028
- Total Liabilities: $2,731,770
- Net Assets: $50,446,258
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEETING REGISTRATION
Revenue
$203,294
Organization Details
Founding Year
1964
Principal Officer
John Bournas
NTEE Category
Code: G90 - Disease
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