CALIFORNIA ACADEMY OF COSMETIC SUR… - Form 990 Financial Data

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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

1998

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

CALIFORNIA ACADEMY OF COSMETIC SURGERY, founded in 1998, is a small nonprofit in the Community Improvement sector that reported $106K in total revenue in fiscal year 2023. Expenses of $125K exceeded revenue, resulting in a 18% operating deficit.

Mission

THE CACSS PRINCIPAL OBJECTIVES ARE TO FOSTER, PROMOTE, SUPPORT, AUGMENT, DEVELOP AND ENCOURAGE THE SCIENCE AND ART OF COSMETIC SURGERY

Program Service Accomplishments

Program 1

CONTINUING TO FUND COSTS RELATED TO PROFESSIONAL SERVICES EQUIVALENCY APPLICATION PROVIDING EDUCATIONAL INFORMATION FOR THE BENEFIT OF MEMBERS

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $105,700

Investment Income $0

Other Revenue $1

TOTAL REVENUE $105,701

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $124,916

TOTAL EXPENSES $124,916

Year-over-Year Comparison

	2023	2022	Change
Revenue	$105,701	N/A	N/A
Expenses	$124,916	N/A	N/A
Net Income	$-19,215	N/A	N/A

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
DAVID MASHHADIAN	TREASURER	Officer	$0	$0	$0
MICHAEL MORRISSETTE	SECRETARY	Officer	$0	$0	$0
MICHAEL MORRISSETTE	PRESIDENT	Officer	$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
2023	$105,701	$124,916	$8,631	$-19,215
2022	$61,166	$74,390	$27,846	$-13,224
2021	$79,201	$65,877	$41,070	$13,324
2020	$93,650	$132,687	$27,746	$-39,037
2019	$166,840	$240,489	$66,783	$-73,649
2018	$188,402	$137,728	$140,432	$50,674

CALIFORNIA ACADEMY OF COSMETIC SURGERY