MICHIGAN DERMATOLOGICAL SOCIETY (EIN 386087789) - Form 990 Financial Analysis & Trantor Score

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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

1931

Legal Domicile

Principal Officer

ALI MOIIN MD

Phone

5178963910

Tax Period

2024-07-01 to 2025-06-30

MICHIGAN DERMATOLOGICAL SOCIETY, founded in 1931, is a small nonprofit that reported $163K in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year.

Mission

THE MICHIGAN DERMATOLOGICAL SOCIETY, INC. (MDS) WAS FOUNDED IN 1921 FOR THE PURPOSES OF FURTHERING THE ADVANCEMENT OF DERMATOLOGY IN ALL ITS BRANCHES IN MICHIGAN AND VICINITY AND TO SERVE THE MEMBERS THROUGH CLINICAL AND SCIENTIFIC MEETINGS AND DISCUSSION OF CASES. MDS ALSO SUPPORTS THE ROLE OF DERMATOLOGISTS AS PRIMARY CARE PHYSICIANS FOR THE DIAGNOSIS AND TREATMENT OF SKIN, HAIR AND NAIL DISEASES, SERVES AS AN ADVISORY BODY TO HEALTH CARE ORGANIZATIONS, SCIENTIFICALLY AND ECONOMICALLY, AND PROMOTES THE HIGHEST STANDARDS OF PATIENT CARE AND PROMOTE THE PUBLIC INTEREST RELATING TO 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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $63,200

Program Service Revenue $87,397

Investment Income $11,971

Other Revenue $0

TOTAL REVENUE $162,568

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $178,298

TOTAL EXPENSES $178,298

Year-over-Year Comparison

	2024	2023	Change
Revenue	$162,568	$171,226	-0.1%
Expenses	$178,298	$205,867	-0.1%
Net Income	$-15,730	$-34,641	-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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALI MOIIN MD	PRESIDENT	1.00	Officer	$0	$0	$0
DAVID OZOG MD	PAST PRESIDE	1.00	Officer	$0	$0	$0
GEORGE MURAKAWA MD	SECRETARY TR	1.00	Officer	$0	$0	$0
KELLY HARMS MD	PRESIDENT EL	1.00	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
2025	$162,568	$178,298	$285,478	$-15,730
2024	$171,226	$205,867	$287,454	$-34,641
2023	$159,493	$175,664	$319,491	$-16,171
2022	$106,709	$114,777	$339,262	$-8,068
2021	$138,612	$123,192	$342,830	$15,420
2020	$182,502	$193,488	$366,449	$-10,986
2019	$205,919	$233,092	$407,705	$-27,173

MICHIGAN DERMATOLOGICAL SOCIETY