American Academy of Cosmetic Surgery Inc

EIN: 363855387

Chicago, IL

Total Revenue
$2,036,321
Total Expenses
$1,719,123
Total Assets
$2,102,633
Net Assets
$834,030
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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
1983
Legal Domicile
IL
Principal Officer
Dr Kevin Duplechain
Phone
3129816760
Tax Period
2023-01-01 to 2023-12-31

American Academy of Cosmetic Surgery Inc, founded in 1983, is a community nonprofit that reported $2.0M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $317K, a strong 16% operating margin.

Mission

To keep members informed and educated on advancements in the field of cosmetic surgery.

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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 (2023)

Revenue Breakdown

Contributions & Grants $47,000
Program Service Revenue $1,898,411
Investment Income $-1,401
Other Revenue $92,311
TOTAL REVENUE $2,036,321

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,719,122
Other Expenses $1,719,123
TOTAL EXPENSES $1,719,123

Year-over-Year Comparison

2023 2022 Change
Revenue $2,036,321 $1,866,171 +0.1%
Expenses $1,719,123 $1,649,707 +0.0%
Net Income $317,198 $216,464 +0.5%
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
15
Independent Members
15
Employees
N/A
Volunteers
15

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
5
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Alex Sobel DO President 1.00
Officer Director
$0 $0 $0
Mohammad Banki MD DMD Vice President 1.00
Officer Director
$0 $0 $0
Marco Barusco MD Secretary 1.00
Officer Director
$0 $0 $0
Lisa Chipps MD FAACS Treasurer 1.00
Officer Director
$0 $0 $0
J Kevin Duplechain MD Immediate Past President 1.00
Officer Director
$0 $0 $0
Ehab Akkary MD FACS FAACS Trustee 1.00
Director
$0 $0 $0
Roxana Barad MD FAACS Trustee 1.00
Director
$0 $0 $0
Albert Carlotti MD DDS FAACS Trustee 1.00
Director
$0 $0 $0
Joseph Castellano MD Trustee 1.00
Director
$0 $0 $0
George Hahm MD FACS FAACS Trustee 1.00
Director
$0 $0 $0
Victoria Karlinsky MD Trustee 1.00
Director
$0 $0 $0
James Koehler MD Trustee 1.00
Director
$0 $0 $0
Emily Lo MD Trustee 1.00
Director
$0 $0 $0
Samir Pancholi DO Trustee 1.00
Director
$0 $0 $0
Marco Pelosi III MD Trustee 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
2024 No data No data No data No data
2023 $2,036,321 $1,719,123 $2,102,633 $317,198
2022 $1,866,171 $1,649,707 $1,791,547 $216,464
2021 $1,454,936 $1,385,549 $1,120,378 $69,387
2021 $232,634 $254,812 $1,560,767 $-22,178
2020 $2,127,994 $2,107,868 $1,134,799 $20,126
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