Skin of Color Society Foundation

EIN: 383946036 501(c)(3) Civil Rights & Advocacy

Chicago, IL

Total Revenue
$2,716,179
Total Expenses
$2,608,494
Total Assets
$2,376,064
Net Assets
$593,335
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
IL
Principal Officer
Kimberly J Miller
Phone
6305783991
Tax Period
2024-01-01 to 2024-12-31

Skin of Color Society Foundation, founded in 2014, is a community nonprofit in the Civil Rights & Advocacy sector that reported $2.7M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $2.6M left a modest 4% surplus.

Mission

Promote education & research regarding skin of color within the medical specialty of dermatology.

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,682,671
Program Service Revenue $0
Investment Income $33,508
Other Revenue $0
TOTAL REVENUE $2,716,179

Expense Breakdown

Grants Paid $2,346,400
Salaries & Benefits $0
Fundraising Expenses $157,594
Program Expenses $2,419,790
Other Expenses $262,094
TOTAL EXPENSES $2,608,494

Year-over-Year Comparison

2024 2023 Change
Revenue $2,716,179 $2,450,528 +0.1%
Expenses $2,608,494 $2,588,905 +0.0%
Net Income $107,685 $-138,377 -1.8%
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

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Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
15
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
5
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Andrew F Alexis MD MPH President 2.00
Officer Director
$0 $0 $0
Shawn Kwatra MD FAAD Secretary/Treasurer 2.00
Officer Director
$0 $0 $0
Valerie M Harvey MD MPH FAAD Immediate Past President 2.00
Officer Director
$0 $0 $0
Victoria Barbosa MD MPH MBA FAAD President-Elect 2.00
Officer Director
$0 $0 $0
Murad Alam MD Board Member 0.50
Director
$0 $0 $0
Pamela S Allen MD Board Member 0.50
Director
$0 $0 $0
Naiara Barbosa MD Board Member 0.50
Director
$0 $0 $0
Corey Hartman MD Board Member 0.50
Director
$0 $0 $0
Jenna C Lester MD Board Member 0.50
Director
$0 $0 $0
Janiene Luke MD Board Member 0.50
Director
$0 $0 $0
Tiffany T Mayo MD Board Member 0.50
Director
$0 $0 $0
E Nikki Pritchett MD Board Member 0.50
Director
$0 $0 $0
Caroline Robinson MD Board Member 0.50
Director
$0 $0 $0
Rebecca Vasquez MD Board Member 0.50
Director
$0 $0 $0
Kimberly Miller Executive Director 40.00
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
2024 $2,716,179 $2,608,494 $2,376,064 $107,685
2023 $2,450,528 $2,588,905 $1,979,026 $-138,377
2022 $1,104,671 $1,080,652 $702,732 $24,019
2021 $904,378 $649,644 $646,112 $254,734
2020 $479,205 $477,742 $297,530 $1,463
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