Civic Intelligence

Dasil Inc DBA Dermatologic & Aesthetic Surgery Intl League

990 • Fiscal year 2018 • EIN 27-5470599

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 15, 2019

453 Williamsburg LaneProspect Heights, IL 60070

(847) 577-6543

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

97th percentile

2.04x

Higher debt load relative to assets than 97% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

86th percentile

0.17x

Higher debt load relative to revenue than 86% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

27th percentile

-6.9%

Higher net margin than 27% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

12th percentile

-39%

Faster asset growth than 12% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

7th percentile

-59%

Faster revenue growth than 7% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$32,741

Down $21,222 (-39%) from 2017

Net Assets

Down

-$33,894

Down $26,442 (-355%) from 2017

Liabilities

Up

$66,635

Up $5,220 (+8.5%) from 2017

Revenue

Down

$382,618

Down $561,796 (-59%) from 2017

Expenses

Down

$409,060

Down $494,114 (-55%) from 2017

Net Income

Down

-$26,442

Down $67,682 (-164%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$100K$50K$0-$50KAssets 2014: $87,708Liabilities 2014: $87,281Net Assets 2014: $4272014Assets 2015: $60,284Liabilities 2015: $65,974Net Assets 2015: -$5,6902015Assets 2016: $33,468Liabilities 2016: $82,160Net Assets 2016: -$48,6922016Assets 2017: $53,963Liabilities 2017: $61,415Net Assets 2017: -$7,4522017Assets 2018: $32,741Liabilities 2018: $66,635Net Assets 2018: -$33,8942018Assets 2020: $53,258Liabilities 2020: $57,112Net Assets 2020: -$3,8542020Assets 2021: $25,848Liabilities 2021: $9,700Net Assets 2021: $16,1482021Assets 2022: $957Liabilities 2022: $11,775Net Assets 2022: -$10,8182022Assets 2024: $22,521Liabilities 2024: $7,088Net Assets 2024: $15,4332024

Highlighted filing

2018

Assets$32,741
Liabilities$66,635
Net Assets-$33,894

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2014: $387,203Expenses 2014: $435,999Net Income 2014: -$48,7962014Revenue 2015: $568,022Expenses 2015: $574,139Net Income 2015: -$6,1172015Revenue 2016: $572,342Expenses 2016: $615,344Net Income 2016: -$43,0022016Revenue 2017: $944,414Expenses 2017: $903,174Net Income 2017: $41,2402017Revenue 2018: $382,618Expenses 2018: $409,060Net Income 2018: -$26,4422018Revenue 2020: $114,921Expenses 2020: $69,284Net Income 2020: $45,6372020Revenue 2021: $92,454Expenses 2021: $72,452Net Income 2021: $20,0022021Revenue 2022: $36,076Expenses 2022: $63,042Net Income 2022: -$26,9662022Revenue 2024: $84,495Expenses 2024: $72,521Net Income 2024: $11,9742024

Highlighted filing

2018

Revenue$382,618
Expenses$409,060
Net Income-$26,442
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 15, 2019
Return Version
2018v3.1
Gross Receipts
$382,618
Mission and Program Overview

Mission

The mission of the League shall be to foster, promote, support, augment, develop andencourage investigative knowledge in dermatologic and aesthetic surgery; to promotethe highest possible standards in clinical practice, continuing education, and research in dermatologic and aesthetic surgery; to promote the highest standards of patient care and promote the public interest relating to dermatologic and aesthetic surgery; and to provide a forum for the exchange of ideas and methodology for dermatologic and aesthetic surgery and its related basic sciences.

To create a global community for the open exchange of knowledge and innovation by physicians specializing in Dermatologic and Aesthetic Surgery through our ongoing educational activities and by establishing a higher standard of care.

Balance Sheet Detail
LineBeginningEndChange
Assets
Loans From Officers Directors$44,312$44,312→ $0
Cash and Non-Interest-Bearing Accounts$53,948$32,741▼ $21,207
Accounts Receivable$15$0▼ $15
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$53,963$32,741▼ $21,222
Other Assets Total-$0-
Liabilities
Deferred Revenue$11,753$12,683▲ $930
Accounts Payable and Accrued Expenses$5,350$9,640▲ $4,290
Total Liabilities$61,415$66,635▲ $5,220
Net Assets / Fund Balance
Temporarily Rstr Net Assets$25,000$25,000→ $0
Unrestricted Net Assets$-32,452$-58,894▼ $26,442
Total Net Assets Fund Balance$-7,452$-33,894▼ $26,442
Total Liabilities and Net Assets / Fund Balance$53,963$32,741▼ $21,222
Compensation and Service Providers

Board Members and Trustees

NameTitle
Venkat MysorePresident
George MartinPresident Elect
Lawrence RosenthalCEO
Atchima SuwanchindaMember at Large
Cheryl BurgessMember at Large
Emily SorianoMember at Large
Hector Leal SilvaMember at Large
Ibrahim Al-Aradimember at Large
Kee Yee ChungMember at Large
Tatjana PavicicTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
None---
Revenue and Support

Revenue Composition

Contributions and Grants
$267,661
Program Service Revenue
$112,186
Investment Income
$0
Other Revenue
$2,771
All Other Contributions
$267,661
Change in Net Assets
$-26,442
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$409,060
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$278,465--$278,465
Fees for Services Management$11,700$66,312-$78,012
Travel$12,531--$12,531
Fees for Services Accounting-$7,000-$7,000
Information Technology$2,454--$2,454
Advertising$2,379--$2,379
Other Expenses$2,321$879-$2,321
Insurance-$2,041-$2,041
All Other Expenses-$1,660-$1,660
Total Functional Expenses$331,168$77,892$0$409,060
International Activity

International Summary

Spending
$317,013

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
South America7th Annual World CongressScientific meeting00$317,013
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Org Exec DirManagement FeesNo$66,312

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$44,312$44,312→ $0
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company

The organization delegates control over management functions to a management company. The Kaleidoscope Associates (TKA), LLC is the management company for the organization. Their functions and responsibilities are leadership, strategy development, member and administrative management, marketing and communications, web and technology management and financial management.The organization delegates control over meeting management duties to a meetings management company, Meeting Designs in which their responsibility is to manage the Annual Congress.

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

membership may be granted to any Individual who: Meets the criteria set for a fellow, associate, fellow-in-training, resident, affiliate, honorary member and retired member: abides by the By-Laws of the Organization and such other rules and regulations the organization may adopt; and merits such individual criteria for each category of membership in the organization as the board of directors may from time to time establish.Fellows have the rights to attend membership meetings, to participate in discussions, to vote on matters submitted to the membership, to hold elective office and serve on committees and councils. Associates shall have the same rights as fellows, except they shall not be eligible to serve in any organization officer position. Fellows-In-Training shall have all rights of fellows except that they shall not be eligible to serve in any officer position. Residents shall have the same rights and privileges as those of fellows-in-training members. Affiliate members are not eligible to hold any officer positions or positions requiring being a surgeon or physician. Honorary members may be appointed by the board of directors to committee positions but are ineligible to hold any elected position. A retired member is granted this membership category by specific action of the board.

Form 990, Part VI, Line 11B: Form 990 Review Process

A copy of the 990 will be provided to the President. Changes will be made based on his feedback. A copy of the 990 will be provided to the entire governing body before it is filed. If there are any questions, they will be answered by the president.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The conflict of interest policy is reviewed at a meeting of the full board and members are reminded to disclose any conflicts and update their forms annually.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Dasil Inc Dba Dermatologic &
EIN
27-5470599
Phone
8475776543
Address
453 WILLIAMSBURG LANE, PROSPECT HEIGHTS, IL 60070

Signing Officer

Name
Lawrence Rosenthal
Title
CEO
Signed
2019-11-15
Discuss with paid preparer
Yes

Organization Details

Formed
2011
Legal Domicile
Il
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
13

Preparer

Firm
Steven M Weinberg CPA
Address
PO Box 183, Deerfield, IL 60015-0183
Preparer
Steven M Weinberg
Phone
8479488011
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