Civic Intelligence

Women'S Dermatologic Society

EIN 20-0084052 • 501(c)3 • Lexington, KY

Profile

The mission of the women's dermatologic society is to help women in dermatology realize and fulfill their greatest potential by striving to:1. Promote leadership.2. Promote the development of relationships through mentoring and networking.3. Demonstrate a commitment to service through community outreach and volunteerism.4. Provide a forum for communications and research relevant to women and family issues.5. Advocate excellence in patient care and education.6. Promote the highest ethical standards.

201 E Main St Ste 810Lexington, KY 40507

www.womensderm.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

53rd percentile

0.08x

Higher debt load relative to assets than 53% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

59th percentile

0.14x

Higher debt load relative to revenue than 59% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

30th percentile

-4.2%

Higher net margin than 30% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

25th percentile

-3.9%

Faster asset growth than 25% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

16th percentile

-18%

Faster revenue growth than 16% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$2,209,087

Down $88,472 (-3.9%) from 2023

Liabilities

Down

$179,808

Down $190,393 (-51%) from 2023

Net Assets

Up

$2,029,279

Up $101,921 (+5.3%) from 2023

Revenue

Down

$1,331,631

Down $284,751 (-18%) from 2023

Expenses

Down

$1,388,218

Down $351,480 (-20%) from 2023

Net Income

Up

-$56,587

Up $66,729 (+54%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2011: $1,707,156Liabilities 2011: $116,472Net Assets 2011: $1,590,6842011Assets 2012: $1,644,728Liabilities 2012: $186,827Net Assets 2012: $1,457,9012012Assets 2013: $1,482,316Liabilities 2013: $201,876Net Assets 2013: $1,280,4402013Assets 2014: $1,385,741Liabilities 2014: $118,217Net Assets 2014: $1,267,5242014Assets 2015: $1,708,084Liabilities 2015: $206,885Net Assets 2015: $1,501,1992015Assets 2016: $2,271,348Liabilities 2016: $186,799Net Assets 2016: $2,084,5492016Assets 2017: $2,456,268Liabilities 2017: $293,633Net Assets 2017: $2,162,6352017Assets 2018: $2,598,748Liabilities 2018: $277,621Net Assets 2018: $2,321,1272018Assets 2019: $2,637,876Liabilities 2019: $299,971Net Assets 2019: $2,337,9052019Assets 2020: $2,364,451Liabilities 2020: $212,236Net Assets 2020: $2,152,2152020Assets 2021: $2,777,395Liabilities 2021: $293,557Net Assets 2021: $2,483,8382021Assets 2022: $2,149,996Liabilities 2022: $345,466Net Assets 2022: $1,804,5302022Assets 2023: $2,297,559Liabilities 2023: $370,201Net Assets 2023: $1,927,3582023Assets 2024: $2,209,087Liabilities 2024: $179,808Net Assets 2024: $2,029,2792024

Highlighted filing

2024

Assets$2,209,087
Liabilities$179,808
Net Assets$2,029,279

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.0M$0-$1.0MExpenses 2011: $1,174,8182011Expenses 2012: $1,043,1892012Revenue 2013: $987,818Expenses 2013: $1,159,105Net Income 2013: -$171,2872013Revenue 2014: $1,017,394Expenses 2014: $1,032,264Net Income 2014: -$14,8702014Revenue 2015: $1,531,741Expenses 2015: $1,273,205Net Income 2015: $258,5362015Revenue 2016: $1,704,186Expenses 2016: $1,168,226Net Income 2016: $535,9602016Revenue 2017: $1,366,694Expenses 2017: $1,429,610Net Income 2017: -$62,9162017Revenue 2018: $1,666,922Expenses 2018: $1,390,481Net Income 2018: $276,4412018Revenue 2019: $1,529,114Expenses 2019: $1,706,249Net Income 2019: -$177,1352019Revenue 2020: $665,992Expenses 2020: $1,039,720Net Income 2020: -$373,7282020Revenue 2021: $911,169Expenses 2021: $746,590Net Income 2021: $164,5792021Revenue 2022: $1,142,379Expenses 2022: $1,468,138Net Income 2022: -$325,7592022Revenue 2023: $1,616,382Expenses 2023: $1,739,698Net Income 2023: -$123,3162023Revenue 2024: $1,331,631Expenses 2024: $1,388,218Net Income 2024: -$56,5872024

Highlighted filing

2024

Revenue$1,331,631
Expenses$1,388,218
Net Income-$56,587

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.21$0.18$2.03$1.33$1.39$0.06
2023Summary only. Only limited summary data is available for this year.$2.30$0.37$1.93$1.62$1.74$0.12
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.15$0.35$1.80$1.14$1.47$0.33
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.78$0.29$2.48$0.91$0.75$0.16
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.36$0.21$2.15$0.67$1.04$0.37
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.64$0.30$2.34$1.53$1.71$0.18
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.60$0.28$2.32$1.67$1.39$0.28
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.46$0.29$2.16$1.37$1.43$0.06
2016Summary only. Only limited summary data is available for this year.$2.27$0.19$2.08$1.70$1.17$0.54
2015Detailed filing. Detailed filing data is available for this year.$1.71$0.21$1.50$1.53$1.27$0.26
2014Detailed filing. Detailed filing data is available for this year.$1.39$0.12$1.27$1.02$1.03$0.01
2013Detailed filing. Detailed filing data is available for this year.$1.48$0.20$1.28$0.99$1.16$0.17
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.64$0.19$1.46$1.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.71$0.12$1.59$1.17
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.2
Gross Receipts
$1,331,631
Mission and Program Overview

Mission

The mission of the women's dermatologic society is to be the premier organization cultivating personal and professional development of dermatologists dedicated to excellence in patient care, mentorship, volunteerism, and leadership.

The mission of the women's dermatologic society is to empower and connect members to advance women dermatologists through personal and professional development, mentorship, service, and leadership.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,182,990$2,059,079▼ $123,911
Cash and Non-Interest-Bearing Accounts$44,021$66,762▲ $22,741
Prepaid Expenses and Deferred Charges$53,530$42,888▼ $10,642
Pledges and Grants Receivable-$29,000-
Accounts Receivable$10,655$6,464▼ $4,191
Intangible Assets$6,363$4,894▼ $1,469
Total Assets$2,297,559$2,209,087▼ $88,472
Liabilities
Accounts Payable and Accrued Expenses$186,796$99,763▼ $87,033
Deferred Revenue$183,405$80,045▼ $103,360
Total Liabilities$370,201$179,808▼ $190,393
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,844,209$1,942,697▲ $98,488
Net Assets With Donor Restrictions$83,149$86,582▲ $3,433
Total Net Assets Fund Balance$1,927,358$2,029,279▲ $101,921
Total Liabilities and Net Assets / Fund Balance$2,297,559$2,209,087▼ $88,472

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$1,694,737$182,605▲ $166,284$174,546$1,869,080
2023$1,492,895$172,024▲ $209,400$179,582$1,694,737
2022$1,678,774$207,722▼ $218,684$-174,917$1,492,895
2021$1,465,865$66,168▲ $179,241$-32,500$1,678,774
2020$910,241$405,626▲ $149,998-$1,465,865
Compensation and Service Providers

Highest Paid Contractors

ContractorServicesLocationCompensation
Executive Director INCManagement Fee555 E WELLS ST STE 1100, Milwaukee, WI 53202$546,324
Revenue and Support

Revenue Composition

Contributions and Grants
$53,730
Program Service Revenue
$1,210,604
Investment Income
$60,055
Other Revenue
$7,242
All Other Contributions
$53,730
Change in Net Assets
$-56,587

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,314,157
Revenue Not Reported on Financial Statements
$17,474
Revenue Not Reported on Form 990
$158,508
Total Revenue per Audited Statements
$1,472,665
Total Revenue per Form 990
$1,331,631
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,186,654
Grants and Similar Amounts Paid$201,564
Total Fundraising Expense$915
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$501,515$44,809-$546,324
Grants to Domestic Orgs$170,000--$170,000
All Other Expenses$37,181$24,313-$61,494
Other Expenses$31,714--$31,714
Grants to Domestic Individuals$31,564--$31,564
Travel$24,352$6,654-$31,006
Information Technology$24,469$909-$25,378
Fees for Service Investment Mgmnt Fees-$17,474-$17,474
Office Expenses$12,740$3,601-$16,341
Occupancy$10,000$506-$10,506
Fees for Services Accounting-$8,925-$8,925
Advertising$1,751$4,205-$5,956
Insurance-$3,202-$3,202
Fees for Services Other$1,926-$915$2,841
Depreciation Depletion-$1,468-$1,468
Total Functional Expenses$1,271,237$116,066$915$1,388,218

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,388,218
Expenses per Audited Statements$1,370,744
Total Expenses per Audited Statements$1,370,744
Expenses Not Reported on Financial Statements$17,474
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Howard UniversityWashington, DC501c3Inaugural Diversity in Dermatology Foundation$170,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

Line 3 explanation - wds contracts with executive director inc. (a for-profit management company) to provide office facilities, management, record keeping, accounting, storage, other significant services, plus related overhead costs.

Form 990, Part VI, Section A, Line 6

Line 6 explanation - the organization has members.

Form 990, Part VI, Section A, Line 7A

Line 7a explanation - election of officers and directors shall be by vote of the majority of the members present at the annual meeting.

Form 990, Part VI, Section A, Line 7B

Line 7b explanation - on any matter to be voted upon at any annual or special meeting of members, each member with voting rights shall be entitled to one (1) vote. There shall be no voting by proxy or cumulative voting. The act of a majority of the members present and voting at a meeting at which a quorum is present shall be the act of the membership of the society, except where otherwise provided by law or these bylaws.

Form 990, Part VI, Section B, Line 11B

Line 11b explanation -a full copy of the 990 is provided to the governing body prior to filing. The treasurer reviews and approves the 990.

Form 990, Part VI, Section B, Line 12C

The board of directors complete conflict of interest policies each year annually and any conflicts are resolved by the board.

Form 990, Part VI, Section B, Line 15

Wds is managed by executive director inc., a for-profit management company. Wds has no offical employees because all staff assigned to wds are employees of the management company. Wds does not have anyone that fits the definition of a key employee.

Form 990, Part VI, Section C, Line 18

The organization's governing documents, conflict of interest policy and financial statements are available upon request.

Form 990, Part VI, Section C, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
WOMEN'S DERMATOLOGIC SOCIETY
EIN
20-0084052
Phone
8594029770
Address
201 E MAIN ST STE 810, LEXINGTON, KY 40507

Signing Officer

Name
Jennifer Lucas Md
Title
Treasurer
Phone
8594029770
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Latanya Benjamin Md
Formed
2003
Legal Domicile
Va
Voting Board Members
22
Independent Board Members
22
Employees
0
Volunteers
25

Preparer

Firm
Ritz Holman Llp
Address
330 E KILBOURN AVE SUITE 222, MILWAUKEE, WI 53202
Preparer
Katy L Sommer
Phone
4142711451
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

As of december 31, 2024, the board of directors had designated $1,869,080 of unrestricted net assets as a legacy endowment fund to provide a long-term reserve for the financial integrity of the organization and its mission. Since that amount resulted from an internal designation and is not donor-restricted, it is classified and reported as unrestricted net assets.

PART X, LINE 2:

The organization is exempt from income tax under section 501(c)(3) of internal revenue code and is classified as other than a private foundation. Management has reviewed all tax positions recognized in previously filed tax returns and those expected to be taken in future tax returns. As of december 31, 2024, the organization had no amounts related to unrecognized income tax benefits and no amounts related to accrued interest and penalties. The organization does not anticipate any significant changes to unrecognized income tax benefits over the next year.

Raw XML AppendixShowing 400 of 619 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0THE MISSION OF THE WOMEN'S DERMATOLOGIC SOCIETY IS TO EMPOWER AND CONNECT MEMBERS TO ADVANCE WOMEN DERMATOLOGISTS THROUGH PERSONAL AND PROFESSIONAL DEVELOPMENT, MENTORSHIP, SERVICE, AND LEADERSHIP.
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IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
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IRS990/MissionDesc0THE MISSION OF THE WOMEN'S DERMATOLOGIC SOCIETY IS TO EMPOWER AND CONNECT MEMBERS TO ADVANCE WOMEN DERMATOLOGISTS THROUGH PERSONAL AND PROFESSIONAL DEVELOPMENT, MENTORSHIP, SERVICE, AND LEADERSHIP.
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IRS990/ProgSrvcAccomActy2Grp/Desc0LEGACY CELEBRATION - THE LEGACY CELEBRATION IS A GATHERING TO THANK ALL ATTENDEES, DONORS, AND SUPPORTERS WHO HELP MAKE WDS POSSIBLE.
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IRS990/ProgSrvcAccomActy3Grp/Desc0WDS FORUM/IVWG - THE INDUSTRY VISIONING WORK GROUP (IVWG) FORUM PROVIDED A UNIQUE OPPORTUNITY FOR MEMBERS AND INDUSTRY PARTNERS TO STRATEGICALLY PLAN AND DISCUSS THE COMMON PROBLEMS FACED AS A SPECIALTY. THIS IS A CRUCIAL LINK BETWEEN DERMATOLOGISTS AND THE INTERNATIONAL CORPORATE BUSINESS COMMUNITY, AND WILL HELP EXPAND THE CONVERSATION AND CROSS BOUNDARIES TO EMBRACE MEDICAL, SURGICAL, ONCOLOGIC, COSMETIC, PEDIATRIC, AND TECHNICAL SUBSPECIALTIES. THE MEMBERSHIP ENRICHMENT & LEADERSHIP DEVELOPMENT (MELD) FORUM PROVIDED NETWORKING FOR ATTENDEES AND GETTING TO KNOW ONE ANOTHER. THE MELD FORUM WAS A SUCCESS FEATURING A ROBUST CME PROGRAM WITH SPEAKERS FROM DIFFERENT AREAS OF WOMEN'S HEALTH, TOPICS ON LEADERSHIP, AS WELL AS THE LATEST UPDATES IN DERMATOLOGY.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0OTHER PROGRAM SERVICES - GRANTS PROVIDED TO OTHER ORGANIZATIONS, MEMBERSHIP RELATED EXPENSES, COMMUNITY ADVANCEMENT AWARDS, MENTORSHIP PROGRAM, FELLOWSHIP AWARDS, PLAY SAFE IN THE SUN MEETING, TIPP PROGRAM, AND JOURNAL EXPENSES.
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