Civic Intelligence

American Society for Dermatologic Surgery

EIN 77-0671561 • 501(c)3 • Schaumburg, IL

Profile

The purposes of the society shall be to foster, promote, support, augment, develop and encourage investigative knowledge in dermatologic surgery; to promote the highest possible standards in clinical practice, continuing education and research in dermatologic surgery; to promote the highest standards of patient care and promote the public interest relating to dermatologic surgery and to provide a forum for the exchange of ideas and methodolgy for dermatologic surgery and related basis sciences.

1933 N Meacham Road 650Schaumburg, IL 60173

www.asds.net

Siviq Scores

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

Liabilities / Assets

46th percentile

0.14x

Higher debt load relative to assets than 46% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

61st percentile

0.35x

Higher debt load relative to revenue than 61% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

64th percentile

12%

Higher net margin than 64% of similar nonprofits.

501(c)3 • $10M-$25M 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

42nd percentile

2.9%

Faster asset growth than 42% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

23rd percentile

-6.3%

Faster revenue growth than 23% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Up

$17,606,402

Up $494,065 (+2.9%) from 2023

Liabilities

Down

$2,515,014

Down $726,736 (-22%) from 2023

Net Assets

Up

$15,091,388

Up $1,220,801 (+8.8%) from 2023

Revenue

Down

$7,132,229

Down $477,965 (-6.3%) from 2023

Expenses

Down

$6,306,990

Down $548,776 (-8.0%) from 2023

Net Income

Up

$825,239

Up $70,811 (+9.4%) from 2023

Trend Graphs

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2011: $6,391,831Liabilities 2011: $459,347Net Assets 2011: $5,932,4842011Assets 2012: $7,103,034Liabilities 2012: $680,160Net Assets 2012: $6,422,8742012Assets 2013: $7,644,318Liabilities 2013: $728,619Net Assets 2013: $6,915,6992013Assets 2014: $7,919,617Liabilities 2014: $821,752Net Assets 2014: $7,097,8652014Assets 2015: $8,719,440Liabilities 2015: $889,535Net Assets 2015: $7,829,9052015Assets 2016: $9,117,068Liabilities 2016: $728,782Net Assets 2016: $8,388,2862016Assets 2017: $10,430,691Liabilities 2017: $980,633Net Assets 2017: $9,450,0582017Assets 2018: $10,517,512Liabilities 2018: $1,063,235Net Assets 2018: $9,454,2772018Assets 2019: $11,872,074Liabilities 2019: $1,192,515Net Assets 2019: $10,679,5592019Assets 2020: $13,125,495Liabilities 2020: $1,061,102Net Assets 2020: $12,064,3932020Assets 2021: $16,635,665Liabilities 2021: $2,170,975Net Assets 2021: $14,464,6902021Assets 2022: $13,611,431Liabilities 2022: $1,215,611Net Assets 2022: $12,395,8202022Assets 2023: $17,112,337Liabilities 2023: $3,241,750Net Assets 2023: $13,870,5872023Assets 2024: $17,606,402Liabilities 2024: $2,515,014Net Assets 2024: $15,091,3882024

Highlighted filing

2024

Assets$17,606,402
Liabilities$2,515,014
Net Assets$15,091,388

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0Revenue 2011: $4,457,564Expenses 2011: $4,332,567Net Income 2011: $124,9972011Revenue 2012: $4,581,708Expenses 2012: $4,363,210Net Income 2012: $218,4982012Revenue 2013: $5,600,432Expenses 2013: $5,330,172Net Income 2013: $270,2602013Revenue 2014: $5,620,324Expenses 2014: $5,381,638Net Income 2014: $238,6862014Revenue 2015: $6,523,143Expenses 2015: $5,380,829Net Income 2015: $1,142,3142015Revenue 2016: $5,806,751Expenses 2016: $5,365,149Net Income 2016: $441,6022016Revenue 2017: $6,262,275Expenses 2017: $5,712,182Net Income 2017: $550,0932017Revenue 2018: $6,538,686Expenses 2018: $5,749,381Net Income 2018: $789,3052018Revenue 2019: $6,571,025Expenses 2019: $6,178,600Net Income 2019: $392,4252019Revenue 2020: $4,722,513Expenses 2020: $3,975,758Net Income 2020: $746,7552020Revenue 2021: $6,682,928Expenses 2021: $4,319,639Net Income 2021: $2,363,2892021Revenue 2022: $5,445,071Expenses 2022: $5,317,267Net Income 2022: $127,8042022Revenue 2023: $7,610,194Expenses 2023: $6,855,766Net Income 2023: $754,4282023Revenue 2024: $7,132,229Expenses 2024: $6,306,990Net Income 2024: $825,2392024

Highlighted filing

2024

Revenue$7,132,229
Expenses$6,306,990
Net Income$825,239

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.6$2.52$15.1$7.13$6.31$0.83
2023Summary only. Only limited summary data is available for this year.$17.1$3.24$13.9$7.61$6.86$0.75
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.6$1.22$12.4$5.45$5.32$0.13
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.6$2.17$14.5$6.68$4.32$2.36
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.1$1.06$12.1$4.72$3.98$0.75
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.9$1.19$10.7$6.57$6.18$0.39
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.5$1.06$9.45$6.54$5.75$0.79
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.4$0.98$9.45$6.26$5.71$0.55
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.12$0.73$8.39$5.81$5.37$0.44
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.72$0.89$7.83$6.52$5.38$1.14
2014Detailed filing. Detailed filing data is available for this year.$7.92$0.82$7.10$5.62$5.38$0.24
2013Detailed filing. Detailed filing data is available for this year.$7.64$0.73$6.92$5.60$5.33$0.27
2012Summary only. Only limited summary data is available for this year.$7.10$0.68$6.42$4.58$4.36$0.22
2011Summary only. Only limited summary data is available for this year.$6.39$0.46$5.93$4.46$4.33$0.12
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 13, 2023
Return Version
2022v5.0
Gross Receipts
$8,209,517
Mission and Program Overview

Mission

The purposes of the society shall be to foster, promote, support, augment, develop and encourage investigative knowledge in dermatologic surgery; to promote the highest possible standards in clinical practice, continuing education and research in dermatologic surgery; to promote the highest standards of patient care and promote the public interest relating to dermatologic surgery and to provide a forum for the exchange of ideas and methodolgy for dermatologic surgery and related basis sciences.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$11,159,475$9,463,785▼ $1,695,690
Savings and Temporary Cash Investments$3,503,227$3,531,557▲ $28,330
Prepaid Expenses and Deferred Charges$255,901$319,848▲ $63,947
Pledges and Grants Receivable$109,637$163,260▲ $53,623
Land, Buildings, and Equipment, Net$70,979$61,256▼ $9,723
Accounts Receivable$203,364$47,970▼ $155,394
Cash and Non-Interest-Bearing Accounts$1$1→ $0
Total Assets$16,635,665$13,611,431▼ $3,024,234
Other Assets Total$1,333,081$23,754▼ $1,309,327
Liabilities
Deferred Revenue$732,124$596,865▼ $135,259
Accounts Payable and Accrued Expenses$976,567$429,087▼ $547,480
Other Liabilities$400,972$126,909▼ $274,063
Grants Payable$61,312$62,750▲ $1,438
Total Liabilities$2,170,975$1,215,611▼ $955,364
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$12,972,338$11,021,742▼ $1,950,596
Net Assets With Donor Restrictions$1,492,352$1,374,078▼ $118,274
Total Net Assets Fund Balance$14,464,690$12,395,820▼ $2,068,870
Total Liabilities and Net Assets / Fund Balance$16,635,665$13,611,431▼ $3,024,234

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$61,256$941,552$1,002,808

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$549,227-▼ $29,420$-10,496$509,311
2021$497,209-▲ $52,472$454$549,227
2020$398,464-▲ $101,925$3,180$497,209
2019$398,464---$398,464
2018$421,205-▼ $22,741-$398,464
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Katherine J Duerdoth CaeExecutive DirectorPT$296,105$74,966$371,071
Betty a SarataDirector of Finance and AdPT$146,612$33,662$180,274
Tara AzzanoDirector of Development anPT$156,942$18,427$175,369
Moira TwittyDirector of Education andFT$146,543$9,010$155,553
Kristin HellquistDirector of Advocacy and P-$135,646$17,149$152,795
Jaimey WilmanDirector of Pr, CommunicatFT$136,274$9,168$145,442

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
William P Coleman Iii MdJournal Editor4425 CONLIN STREET, Metairie, LA 70006$175,484
Revenue and Support

Revenue Composition

Contributions and Grants
$2,127,047
Program Service Revenue
$3,193,726
Investment Income
$-771,421
Other Revenue
$895,719
All Other Contributions
$2,127,047
Change in Net Assets
$127,804
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,373,316
Salaries, Compensation, and Employee Benefits$1,711,451
Total Fundraising Expense$621,325
Grants and Similar Amounts Paid$232,500
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$1,060,875$103,461$339,808$1,504,144
Current Officers, Directors, Trustees, and Key Employees$366,131$240,607$89,717$696,455
Other Salaries and Wages$473,838$182,539$7,602$663,979
Fees for Services Other$176,664$68,421$30,807$275,892
Occupancy$171,869$53,005$16,691$241,565
Grants to Domestic Individuals$232,500--$232,500
Travel$35,518$63,793$99,191$198,502
Information Technology$102,821$95,393-$198,214
Other Employee Benefits$109,880$55,352$12,731$177,963
Payroll Taxes$71,735$36,138$8,311$116,184
Insurance$50,025$11,140$2,562$63,727
Office Expenses$27,412$24,455$6,123$57,990
Pension Plan Contributions$35,113$17,689$4,068$56,870
Advertising$38,138--$38,138
Depreciation Depletion$22,860$11,514$2,648$37,022
All Other Expenses$38,563$-9,622$3,340$32,281
Other Expenses$7,822$23,175$-5,165$25,832
Fees for Services Accounting-$22,586-$22,586
Fees for Services Legal$2,204$20,000-$22,204
Total Functional Expenses$3,626,708$1,069,234$621,325$5,317,267
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
-Wholly Owned SubsidiaryAdvance to Subsidiary.No$0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Asdsa$102,005
Operating Lease Liability$24,904
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
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The society has one class of membership. The members elect the board of directors as well as the vice president and treasurer.

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

The members elect the board of directors as well as the vice president and treasurer.

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

The form 990 is reviewed and approved by management before being filed.

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

Verbal acknowledgement is recognized at the board of director meetings. In addition, all directors are required to make changes (if any) to their conflict of interest acknowledgement at every board of directors meeting and sign the conflict of interest policy presented to them.

Form 990, Part VI, Section B, Line 15A

This process occurs annually. Three representatives of the board of directors complete the executive directors's evaluation. The board of directors also uses industry data on salaries for executive directors.

Form 990, Part VI, Section C, Line 19

All governing documents are available upon request.

Filing and Contact Details

Filer

Filer Name
American Society for Dermatologic
EIN
77-0671561
Phone
8479560900
Address
1933 N MEACHAM ROAD 650, SCHAUMBURG, IL 60173

Signing Officer

Name
Katherine J Duerdoth
Title
Executive Director
Phone
8479560900
Signed
2023-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Katherine J Duerdoth
Formed
1973
Legal Domicile
Il
Voting Board Members
15
Independent Board Members
15
Employees
24
Volunteers
635

Preparer

Firm
Selden Fox Ltd
Address
ONE PARKVIEW PLAZA SUITE 710, OAKBROOK TERRACE, IL 60181
Preparer
Steven G Pierson
Phone
6309541400
Supplemental Narrative

Additional Explanations

Part III, Question 4B (continuation of Program Service Accomplishments)

Educational exchange virtual professor program six virtual professor program webinars for residents and fellows-in-training have been held or are scheduled for 2022: - hyperpigmentation - january 25 @ 7pm central seemal desai, md 49 registrants, 24 live attendees - dermatologic oncology - february 22 @ 7pm central marc brown, md 60 registrants, 24 live attendees - neuromodulators update - april 26 @ 7pm central david ozog, md 65 registrants, 28 live attendees - peri-operative considerations - may 24 @ 7pm central divya srivastava, md 47 registrants, 21 live attendees - dermal fillers update - september 20 @ 7pm central joely kaufman, md; 32 registered; 32 live attendees - surgical complications - october 25 @ 7pm central divya srivastava, md; 27 registered educational courses in 2015, asds started the premier annual resident cosmetic symposium, a 3-day intensive dive into aesthetic procedures to fill a gap in residents' cosmetic training. Our 2022 symposium was held this april in dallas and sold out once again with more than 100 residents in attendance. This popular course offers a unique opportunity for building social connections through both formal and informal networking time. A new in-person educational offering this year was the "facial anatomy: injection and dissection course" held in nashville this past june. This 1 and a half-day intensive hands-on training improved attendees' clinical and functional knowledge of facial anatomy for minimally invasive injection procedures with renowned experts. Attendees experienced high yield lectures and live dissection demonstrations with cadaver labs. New in 2022 was the 360-degree injection techniques and strategy live course was held in september in chicago. This full-circle course was provided to all skill levels reviewing the essentials of facial anatomy, injection pearls, strategies, tools and techniques. Attendees enjoyed high-yield lectures, panel discussions, real world studies and live patient demonstrations. Virtual education virtual education is an ongoing need, and we continue to expand our on-demand digital resources through our learning management system, asds learn. This year we rejuvenated the look, feel and navigation to make it easier to access live and on-demand educational content. Content is now categorized so that you can quickly find what you need. Asds produces a number of distance learning opportunities for its members. The following are currently available online: 1 leadership development series podcasts 2 mentoring for success 3 holding difficult conversations 4 harnessing the benefits of delegation 5 managing conflict 6 negotiating skills 7 planning & writing persuasive presentations 8 mini-mba part 1: successful practice management 9 mini-mba part 2: successful practice marketing 10 management of actinic keratosis, squamous cell carcinoma and basal cell carcinoma 11 medical triaging & tips for the nurse in the dermatology practice 12 mini-mba part 1: successful practice management 13 mini-mba part 2: successful practice marketing mobile app: the asds member app is available for both apple and android systems. While a large percentage of the app focuses on the annual meeting, our members also can find information on education, practice resources, media, mentorship programs and other resources. Scholarship program for residents: asds provided scholarships for residents to attend the annual meeting and the resident cosmetic symposium. This makes it easier and more affordable for them to take advantage of these educational opportunities which augment their residency training. The scholarships were funded by external sources. Dermsurg fellowship finder the fellowship finder provides residents with a comprehensive list of mohs, procedural, cosmetic and laser surgery-based dermatology fellowships in the united states.

Financial Statement Notes

PART V, LINE 4:

The society's endowment fund consists of funds established to provide for certain travel related costs for mentorship and table-side exchange between international dermatologic surgeons and those practicing in the united states.

Raw XML AppendixShowing 400 of 820 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 PURPOSES OF THE SOCIETY SHALL BE TO FOSTER, PROMOTE, SUPPORT, AUGMENT, DEVELOP AND ENCOURAGE INVESTIGATIVE KNOWLEDGE IN DERMATOLOGIC SURGERY; TO PROMOTE THE HIGHEST POSSIBLE STANDARDS IN CLINICAL PRACTICE, CONTINUING EDUCATION AND RESEARCH IN DERMATOLOGIC SURGERY; TO PROMOTE THE HIGHEST STANDARDS OF PATIENT CARE AND PROMOTE THE PUBLIC INTEREST RELATING TO DERMATOLOGIC SURGERY AND TO PROVIDE A FORUM FOR THE EXCHANGE OF IDEAS AND METHODOLGY FOR DERMATOLOGIC SURGERY AND RELATED BASIS SCIENCES.
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IRS990/Desc0THE SOCIETY SUPPORTS RESEARCH BY PROVIDING GRANTS TO QUALIFIED MEMBERS THROUGH THE CUTTING EDGE RESEARCH GRANT PROGRAM. THE GOAL OF THE PROGRAM IS TO ENCOURAGE RESEARCH IN AREAS OF SPECIFIC RELEVANCE TO COSMETIC/GENERAL DERMATOLOGIC SURGERY SUCH AS LASERS, LIPOSUCTION, FILLERS, RESURFACING, LIFTING PROCEDURES, AND CUTANEOUS ONCOLOGY. IN ADDITION, ASDS IS NOW FUNDING BOARD DIRECTED RESEARCH THAT ADDRESSES VALUE-BASED HEALTHCARE, PATIENT SATISFACTION, AND COST CONTAINMENT.FREDRIC S. BRANDT, MD INNOVATIONS IN AESTHETICS FELLOWSHIP FUND:THE BRANDT FUND GRANTS FELLOWS-IN-TRAINING FUNDS TO UNDERTAKE INNOVATIVE RESEARCH PROPOSALS RELATED TO COSMETIC DERMATOLOGY IN HONOR OF THE LATE FREDRIC BRANDT, MD. YOUNG INVESTIGATOR'S WRITING COMPETITION:THE YOUNG INVESTIGATOR'S WRITING COMPETITION IS A PROGRAM THAT RECOGNIZES YOUNG INVESTIGATORS FOR THEIR ORIGINAL IDEAS, RESEARCH AND ARTICLES FOR PUBLICATION IN ACADEMIC, PEER REVIEWED JOURNALS, SUCH AS DERMATOLOGIC SURGERY. REVIEW ARTICLE INCENTIVE PROGRAM:THE REVIEW ARTICLE INCENTIVE PROGRAM WAS DEVELOPED TO INCREASE THE NUMBER OF REVIEW ARTICLES IN DERMATOLOGIC SURGERY ON TOPICS OF BROAD SCIENTIFIC INTEREST OR HIGHLY FOCUSED CLINICAL TOPICS RELATED TO THERAPY, DIAGNOSIS OR OTHER ASPECTS OF DERMATOLOGIC SURGERY PRACTICE.THESE ACTIVITIES SUPPORT OUR RESEARCH GOALS. DURING 2020 THE SOCIETY SUSPENDED MANY OF THESE ACTIVITIES DUE TO THE COVID-19 PANDEMIC. THESE ACTIVITIES HAVE RESUMED IN 2021.
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IRS990/MissionDesc0THE PURPOSES OF THE SOCIETY SHALL BE TO FOSTER, PROMOTE, SUPPORT, AUGMENT, DEVELOP AND ENCOURAGE INVESTIGATIVE KNOWLEDGE IN DERMATOLOGIC SURGERY; TO PROMOTE THE HIGHEST POSSIBLE STANDARDS IN CLINICAL PRACTICE, CONTINUING EDUCATION AND RESEARCH IN DERMATOLOGIC SURGERY; TO PROMOTE THE HIGHEST STANDARDS OF PATIENT CARE AND PROMOTE THE PUBLIC INTEREST RELATING TO DERMATOLOGIC SURGERY AND TO PROVIDE A FORUM FOR THE EXCHANGE OF IDEAS AND METHODOLGY FOR DERMATOLOGIC SURGERY AND RELATED BASIS SCIENCES.
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