MASSACHUSETTS ACADEMY OF DERMATOLOGY

EIN: 042551359

BOXBOROUGH, MA

Total Revenue
$229,631
Total Expenses
$384,658
Total Assets
$190,563
Net Assets
$188,887
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1974
Legal Domicile
MA
Principal Officer
AVERY LACHANCE MD MPH
Phone
9785775408
Tax Period
2025-01-01 to 2025-12-31

MASSACHUSETTS ACADEMY OF DERMATOLOGY, founded in 1974, is a small nonprofit that reported $230K in total revenue in fiscal year 2025. Revenue fell 40% from the prior year — a significant decline worth monitoring. Expenses of $385K exceeded revenue, resulting in a 68% operating deficit.

Mission

TO PROVIDE A FORUM FOR THE INTERCHANGE OF INFORMATION AND IDEAS BETWEEN MEMBERS OF THE MEDICAL PROFESSION SPECIALIZING IN DERMATOLOGY, TO PROMOTE THE EDUCATION OF DERMATOLOGISTS IN THE DIAGNOSIS, CARE AND CURE OF SKIN DISEASES, AND TO PROTECT THE RIGHTS OF PATIENTS FOR QUALITY DERMATOLOGIC CARE IN THE COMMONWEALTH OF MASSACHUSETTS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $21,550
Program Service Revenue $207,920
Investment Income $161
Other Revenue $0
TOTAL REVENUE $229,631

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $379,759
Other Expenses $384,658
TOTAL EXPENSES $384,658

Year-over-Year Comparison

2025 2024 Change
Revenue $229,631 $385,678 -0.4%
Expenses $384,658 $451,192 -0.1%
Net Income $-155,027 $-65,514 +1.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
16
Independent Members
16
Employees
N/A
Volunteers
16

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JENNIFER TOYOHARA MD FAAD PRESIDENT 1.00
Officer Director
$0 $0 $0
GARY MENDESE MD FAAD FACMS VICE-PRESIDENT 1.00
Officer Director
$0 $0 $0
AVERY LACHANCE MD MPH TREASURER/SECRETARY 1.00
Officer Director
$0 $0 $0
IRA L SKOLNIK MD PHD PAST PRESIDENT 1.00
Officer Director
$0 $0 $0
MARIKO YASUDA MD DIRECTOR 1.00
Director
$0 $0 $0
EILEEN DEIGNAN MD DIRECTOR 1.00
Director
$0 $0 $0
EVAN PIETTE MD DIRECTOR 1.00
Director
$0 $0 $0
DAVID JONES MD PHD DIRECTOR 1.00
Director
$0 $0 $0
SUZANNE SHROBA MD DIRECTOR 1.00
Director
$0 $0 $0
CHRISTY WILLIAMS MD FAAD DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL KRATHEN MD DIRECTOR 1.00
Director
$0 $0 $0
ELIZABETH TKACHENKO MD DIRECTOR 1.00
Director
$0 $0 $0
JORDAN CUMMINS MD PHD DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL GOLDABER MD DIRECTOR 1.00
Director
$0 $0 $0
BRIAN LESTER MD DIRECTOR 1.00
Director
$0 $0 $0
MARK AMSTER MD MBA DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $229,631 $384,658 $190,563 $-155,027
2024 No data No data No data No data
2023 $412,875 $385,415 $421,779 $27,460
2022 $360,432 $375,377 $393,597 $-14,945
2021 $220,725 $203,114 $408,542 $17,611
2020 $71,159 $109,390 $390,931 $-38,231
2019 $265,095 $220,586 $429,162 $44,509
2018 $227,228 $198,600 $384,653 $28,628
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