ADVANCING INNOVATION IN DERMATOLOGY INC (EIN 453153544) - 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

2011

Legal Domicile

Principal Officer

WILLIAM JU

Phone

2015036147

Tax Period

2024-01-01 to 2024-12-31

ADVANCING INNOVATION IN DERMATOLOGY INC, founded in 2011, is a small nonprofit in the Diseases & Disorders sector that reported $609K in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. Expenses of $541K left a modest 11% surplus.

Mission

ADVANCING INNOVATION IN DERMATOLOGY, INC. SUPPORTS AND PROMOTES THE EXCHANGE OF IDEAS IN THE FIELD OF DERMATOLOGY SO THAT NOVEL AND IMPORTANT PRODUCTS CAN BE DEVELOPED FOR THE TREATMENT AND CARE OF SKIN.

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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 $399,746

Program Service Revenue $118,975

Investment Income $89,917

Other Revenue $0

TOTAL REVENUE $608,638

Expense Breakdown

Grants Paid $0

Salaries & Benefits $120,287

Fundraising Expenses $0

Program Expenses $401,911

Other Expenses $420,235

TOTAL EXPENSES $540,522

Year-over-Year Comparison

	2024	2023	Change
Revenue	$608,638	$681,375	-0.1%
Expenses	$540,522	$640,003	-0.2%
Net Income	$68,116	$41,372	+0.6%

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

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

$109,439

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM H EAGLSTEIN	TRUSTEE	1.00	Director	$0	$0	$0
FREDERICK BEDDINGFIELD III	TRUSTEE	1.00	Director	$0	$0	$0
MICHAEL GIRARDI	TRUSTEE	1.00	Director	$0	$0	$0
AIMEE PAYNE	TRUSTEE	1.00	Director	$0	$0	$0
STEVE XU	TRUSTEE	1.00	Director	$0	$0	$0
WILLIAM JU	PRESIDENT	8.00	Officer	$0	$0	$0
BRIAN N CUNNINGHAM	SECRETARY	4.00	Officer	$0	$0	$0
JAMIE BRESLIN	EXECUTIVE DIRECTOR & CFO	20.00	Officer	$109,439	$0	$109,439

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	$608,638	$540,522	$1,971,359	$68,116
2023	$681,375	$640,003	$2,051,330	$41,372
2022	$328,886	$327,875	$1,824,573	$1,011
2021	$432,441	$433,128	$1,825,386	$-687
2020	$816,405	$796,259	$1,944,135	$20,146
2019	$820,314	$811,487	$2,191,674	$8,827
2018	$1,575,423	$648,285	$2,161,813	$927,138

ADVANCING INNOVATION IN DERMATOLOGY INC