Foundation For Dermatology Educaton Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 854385820 ✦ Louisville, KY ✦ Designated as a 501(c)(3)

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Overview

What is Foundation For Dermatology Educaton Inc?

The Foundation For Dermatology Education Inc, located at 508 Rolling Lane, Louisville, Kentucky 40207, is a nonprofit organization primarily focused on supporting and organizing professional dermatology conferences and continuing education events. Their mission is to advance religious, charitable, and educational purposes by fostering scientific and medical knowledge in the field of dermatology. By planning, organizing, promoting, and managing these events, they aim to contribute to the overall development of dermatology as a discipline. The Foundation plays a significant role in advancing the field by providing a platform for dermatology professionals to share their research, learn from each other, and stay updated on the latest developments in the field.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 80%, Three-Star out of Four Stars

The Foundation For Dermatology Education Inc has received an 80% score from Charity Navigator, translating to a Three-Star rating. This rating is based entirely on the organization's accountability and finance practices, reflecting strong governance and financial management. The fiscal year most recently reviewed was FY2023, indicating that the data is up-to-date and relevant.

Strengths noted in the evaluation include a fully independent board with a size of three members, all of whom are independent. The organization also reported no material diversion of assets, which suggests a commitment to ethical practices. Additionally, the charity has demonstrated excellent management of its resources, with a program expense ratio of 100%, meaning all expenditures are directed towards program-related activities.

While the organization shows strong financial health and accountability, it is important to consider its potential limitations, such as the relatively small size of its board. However, the presence of a comprehensive conflict of interest policy and transparency in documenting board meeting minutes further reinforces its commitment to good governance. Overall, the Foundation For Dermatology Education Inc appears to operate efficiently and effectively in fulfilling its mission.


This AI summary has been generated from information found on Charity Navigator.

Is Foundation For Dermatology Educaton Inc legitimate?

Foundation For Dermatology Educaton Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For Dermatology Educaton 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $226,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $35,400

For more financial information, click here

What is the mission statement of Foundation For Dermatology Educaton Inc?

The Foundation for Dermatology Education Inc's mission is geared towards advancing religious, charitable, and educational purposes. They accomplish this by organizing, planning, promoting, and managing professional conferences and continuing education in the field of dermatology. The primary objective is to advance scientific and medical knowledge in this domain. The foundation plays a crucial role in sponsoring and conducting events, such as the annual Santa Barbara Dermatology Meeting, to contribute to this mission.

Who is the CEO of Foundation For Dermatology Educaton Inc?

Michael Heffernan Md is the President of Foundation For Dermatology Educaton Inc.

What is the revenue of Foundation For Dermatology Educaton Inc?

Foundation For Dermatology Educaton Inc's revenue in 2022 was $772,930.

Who are the executives of Foundation For Dermatology Educaton Inc and what are their salaries?


Here are 3 key members and their salaries:


Michael Heffernan Md (President)
  • Compensation: $75,500
  • Related: $0
  • Other: $0
Roberta Sengelmann Md (Vice-President)
  • Compensation: $75,500
  • Related: $0
  • Other: $0
J Mark Jackson Md (Secretary/Treasurer)
  • Compensation: $75,500
  • Related: $0
  • Other: $0
Where can I find the form 990 for Foundation For Dermatology Educaton Inc?

Foundation For Dermatology Educaton Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Foundation For Dermatology Educaton Inc

The Foundation for Dermatology Education Inc is dedicated to serving religious, charitable, and educational purposes by planning, organizing, promoting, and managing professional conferences and continuing education programs. Their primary goal is to advance scientific and medical knowledge in the field of dermatology. By doing so, they aim to contribute to the betterment of dermatological research and medical practice.

In pursuit of this mission, the Foundation for Dermatology Education Inc organizes and conducts events such as the Annual Santa Barbara Dermatology Meeting. These events provide a platform for professionals in the field of dermatology to share their findings, engage in discussions, and expand their knowledge. By fostering a learning environment, the Foundation encourages the continuous development of dermatological expertise, ultimately benefiting patients and the medical community as a whole.

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Impact




July, 2024

Foundation For Dermatology Education Inc's impact lies in advancing scientific and medical knowledge in the field of dermatology through professional conferences and continuing education opportunities. By sponsoring, organizing, and conducting events like the annual Santa Barbara Dermatology Meeting, this organization facilitates the dissemination of cutting-edge information among dermatology professionals. Through their efforts, they contribute to the ongoing growth and development of dermatological practices and treatments, ultimately benefiting the health and well-being of individuals with skin conditions.




This information is meant to be a general summary of Foundation For Dermatology Educaton 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.

Revenue
$772,930 (2022)
Expenses
$447,318 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $772,930
  • Gross Receipts: $772,930

Assets and Liabilities:

  • Total Assets: $393,355
  • Total Liabilities: $0
  • Net Assets: $393,355

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SPONSORSHIPS/GRANTS

Revenue

$772,104

MEETING & REGISTRATION

Revenue

$826

Organization Details

Founding Year

2022

Principal Officer

Michael Heffernan Md

Main Address

508 ROLLING LANE, LOUISVILLE, KY, 40207

NTEE Category

Code: E03 - Health

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