AMERICAN SOCIETY FOR LASER MEDICIN… - 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

1981

Legal Domicile

Principal Officer

MOLLY WANNER

Phone

7158459283

Tax Period

2025-01-01 to 2025-12-31

AMERICAN SOCIETY FOR LASER MEDICINE AND SURGERY INC, founded in 1981, is a community nonprofit in the Diseases & Disorders sector that reported $3.1M in total revenue in fiscal year 2025. Revenue decreased 6% compared to the prior year. Expenses of $2.7M left a modest 14% surplus.

Mission

THE MISSION OF THE AMERICAN SOCIETY FOR LASER MEDICINE AND SURGERY IS TO PROMOTE EXCELLENCE IN PATIENT CARE BY ADVANCING BIOMEDICAL APPLICATION OF LASERS, LIGHT, AND ENERGY-BASED TECHNOLOGIES WORLDWIDE.THE VISION OF ASLMS IS TO BE THE WORLD'S PRE-EMINENT RESOURCE FOR BIOMEDICAL LASER AND ENERGY-BASED TECHNOLOGIES, RESEARCH, EDUCATION, AND CLINICAL KNOWLEDGE.

Program Service Accomplishments

Program 1

Expenses: $1,876,314 Revenue: $1,783,706

THE SOCIETY HELD THE 2025 ANNUAL CONFERENCE IN PERSON. THIS INCLUDED 3.5 DAYS OF EDUCATION, 2 DAYS OF A TRADESHOW FLOOR AND NETWORKING OPPORTUNITIES. IN ADDITION TO THE ANNUAL CONFERENCE, THE...

THE SOCIETY HELD THE 2025 ANNUAL CONFERENCE IN PERSON. THIS INCLUDED 3.5 DAYS OF EDUCATION, 2 DAYS OF A TRADESHOW FLOOR AND NETWORKING OPPORTUNITIES. IN ADDITION TO THE ANNUAL CONFERENCE, THE ORGANIZATION HELD COURSES AND SEMINARS AS PART OF REGIONAL OR ONLINE EDUCATION PROGRAMS.

Program 2

Expenses: $78,500

GRANTS FOR RESEARCH AND PROFESSIONAL DEVELOPMENT.

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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 (2025)

Revenue Breakdown

Contributions & Grants $654,986

Program Service Revenue $1,886,398

Investment Income $582,134

Other Revenue $1,888

TOTAL REVENUE $3,125,406

Expense Breakdown

Grants Paid $78,500

Salaries & Benefits $1,092,343

Fundraising Expenses $63,511

Program Expenses $1,954,814

Other Expenses $1,524,727

TOTAL EXPENSES $2,695,570

Year-over-Year Comparison

	2025	2024	Change
Revenue	$3,125,406	$3,328,114	-0.1%
Expenses	$2,695,570	$3,238,060	-0.2%
Net Income	$429,836	$90,054	+3.8%

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

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

Volunteers

324

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

$221,314

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MURAD ALAM MD MSCI MBA	PAST PRESIDENT (LEFT APRIL 2025)	0.50	Officer Director	$0	$0	$0
ASHISH C BHATIA MD FAAD FASLMS	PRESIDENT	0.50	Officer Director	$0	$0	$0
ARISA ORTIZ MD	PAST PRESIDENT	0.50	Officer Director	$0	$0	$0
KRISTEN KELLY MD	SECRETARY	0.50	Officer Director	$0	$0	$0
J STUART NELSON MD PHD	HISTORIAN	0.50	Officer Director	$0	$0	$0
OMAR IBRAHIMI MD PHD	PRESIDENT-ELECT	0.50	Officer Director	$0	$0	$0
LILIT GARIBYAN MD PHD	BASIC SCIENCE REP (LEFT APRIL 2025)	0.50	Director	$0	$0	$0
MERET HAEDERSDAL MD PHD DMSC	BIOMEDICAL ENGINEER REP	0.50	Director	$0	$0	$0
BRAD HAUSER	INDUSTRIAL/R&D (LEFT APRIL 2025)	0.50	Director	$0	$0	$0
CHRISTOPHER ZACHARY MBBS FRCP	LASER MEDICINE (LEFT APRIL 2025)	0.50	Director	$0	$0	$0
SHLOMIT HALACHMI MD PHD	LASER MEDICINE	0.50	Director	$0	$0	$0
MOLLY WANNER MD MBA	TREASUER	0.50	Officer Director	$0	$0	$0
ANNE CHAPAS MD	LASER SURGERY (LEFT APRIL 2025)	0.50	Director	$0	$0	$0
REBECCA SPRAGUE RN NP-C	NURSING/ALLIED HEALTH	0.50	Director	$0	$0	$0
FERNANDA H SAKAMOTO MD PHD	BASIC SCIENCE REP	0.50	Director	$0	$0	$0
ALEXANDER J MAKOWSKI PHD	INDUSTRIAL/MARKETING	0.50	Director	$0	$0	$0
ZAKIA RAHMAN MD	LASER SAFETY	0.50	Director	$0	$0	$0
TARYN TRAVIS MD FACS	LASER SURGERY	0.50	Director	$0	$0	$0
GIRISH S MUNAVALLI MD MHS FACMS	VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
GUILLERMO AGUILAR PHD	BASIC SCIENCE REP	0.50	Director	$0	$0	$0
VLADIMIR PAUL-BLANC	INDUSTRIAL/R&D	0.50	Director	$0	$0	$0
CATHERINE M DIGIORGIO MD	LASER MEDICINE	0.50	Director	$0	$0	$0
DAVID OZOG MD	LASER SURGERY	0.50	Director	$0	$0	$0
KELLY J STANKIEWICZ MD FAAD	LASER SAFETY	0.50	Director	$0	$0	$0
MICHELLE MORRISON	EXECUTIVE DIRECTOR	40.00	Officer	$185,815	$35,499	$221,314

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	$3,125,406	$2,695,570	$10,480,808	$429,836
2024	$3,328,114	$3,238,060	$9,535,373	$90,054
2023	$3,217,605	$3,150,238	$8,976,736	$67,367
2022	$3,647,542	$3,301,684	$7,739,689	$345,858
2021	$2,069,294	$1,832,314	$9,109,536	$236,980
2020	$1,876,581	$2,007,923	$8,489,619	$-131,342
2019	$3,275,144	$2,925,027	$7,855,236	$350,117
2018	$3,430,517	$2,800,084	$6,623,550	$630,433

AMERICAN SOCIETY FOR LASER MEDICINE AND SURGERY INC