Overview
What is American Dermatological Association Research And Educational Fund Inc?
American Dermatological Association Research and Educational Fund Inc, located in Pompano Beach, Florida, is a nonprofit organization dedicated to charitable, scientific, and educational purposes. They primarily focus on supporting research scholarships and fellowships in various dermatological topics. Their mission is to provide opportunities for individuals in the field of dermatology to further their studies, contributing to advancements in this field. The organization operates with a specific aim to allocate funds when available, reinforcing its commitment to this cause.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 50% (One-Star out of Four Stars)
The American Dermatological Association Research and Educational Fund Inc has received a low rating of 50%, earning a One-Star designation from Charity Navigator. This score reflects concerns primarily related to the Accountability & Finance metrics. While the organization demonstrates strong governance with a wholly independent board and no material diversion of assets, it struggles with the effectiveness of its financial management, particularly in its program expense ratio.
Strengths of the organization include a fully independent board and a low liabilities-to-assets ratio, indicating a solid financial foundation in terms of debt management. All board meeting minutes are documented, which aligns with best practices in governance and transparency. These factors contribute positively to the organization's accountability profile.
However, the low program expense ratio of 51.34% raises concerns about the amount of funds allocated directly to programs versus administrative costs. This statistic suggests that more improvement is needed in utilizing resources effectively to achieve its mission. Overall, while the organization maintains good governance, it faces challenges in financial management that may hinder its impact.
This AI summary has been generated from information found on Charity Navigator.
Is American Dermatological Association Research And Educational Fund Inc legitimate?
American Dermatological Association Research And Educational Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Dermatological Association Research And Educational Fund Inc 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.
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What is the mission statement of American Dermatological Association Research And Educational Fund Inc?
The American Dermatological Association Research and Educational Fund Inc has a mission centered around charitable, scientific, and educational purposes. When resources are available, the primary objective of the organization is to provide research scholarships and fellowships in dermatology. More specifically, they offer summer scholarships for research fellowships, focusing on various topics within dermatology.
Who is the CEO of American Dermatological Association Research And Educational Fund Inc?
Thomas Helm is the President of American Dermatological Association Research And Educational Fund Inc.
What is the revenue of American Dermatological Association Research And Educational Fund Inc?
American Dermatological Association Research And Educational Fund Inc's revenue in 2022 was $161,799.
Who are the executives of American Dermatological Association Research And Educational Fund Inc and what are their salaries?
There 12 volunteers at American Dermatological Association Research And Educational Fund Inc.
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Where can I find the form 990 for American Dermatological Association Research And Educational Fund Inc?
American Dermatological Association Research And Educational Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of American Dermatological Association Research And Educational Fund Inc
The American Dermatological Association Research and Educational Fund Inc is dedicated to serving a charitable, scientific, and educational purpose. This esteemed organization prioritizes the provision of research scholarships and fellowships in the field of dermatology when financial resources permit. Its mission is clear: to support budding dermatologists by offering summer scholarships for research fellowships on various dermatological topics. By investing in the education and development of future dermatological experts, the American Dermatological Association Research and Educational Fund Inc aims to contribute significantly to the advancement of dermatology as a discipline.
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Impact
October, 2024
The American Dermatological Association Research And Educational Fund Inc. significantly influences the field of dermatology by providing essential research scholarships for fellowships. These scholarships support emerging scholars engaged in diverse dermatological research topics, fostering innovation and advancement within the discipline. By funding summer scholarships for research fellowships, the organization encourages the exploration of critical issues in dermatology, thereby contributing to the overall improvement of patient care and treatment options. Through its dedication to education and scientific inquiry, the Fund plays a vital role in advancing dermatological knowledge and fostering the next generation of dermatology professionals.
This information is meant to be a general summary of American Dermatological Association Research And Educational Fund Inc. 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 2022.
- Investment Income: $149,174
- Gross Receipts: $1,207,716
Assets and Liabilities:
- Total Assets: $3,837,465
- Total Liabilities: $2,482
- Net Assets: $3,834,983
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Organization Details
Founding Year
1930
Phone
(757) 498-0368Principal Officer
Thomas Helm
Main Address
531 N OCEAN BLVD 1907, POMPANO BEACH, FL, 33062
NTEE Category
Code: H46Z - Medical research
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