THE DERMATOLOGY EDUCATION FOUNDATI… - 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

2013

Legal Domicile

Principal Officer

Joseph Gorelick

Phone

5106814324

Tax Period

2023-01-01 to 2023-12-31

THE DERMATOLOGY EDUCATION FOUNDATION, founded in 2013, is a community nonprofit in the Diseases & Disorders sector that reported $3.7M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

IMPROVE DERMATOLOGY PATIENT OUTCOMES BY PROVIDNG QUALITY MEDICAL EDUCATION RESOURCES FOR NURSE PRACTIONERS AND PHYSICIAN ASSISTANTS.

Program Service Accomplishments

Program 1

Expenses: $3,799,474

Development and coordination of training conferences and related medical education materials.

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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 (2023)

Revenue Breakdown

Contributions & Grants $3,559,819

Program Service Revenue $65,974

Investment Income $18,850

Other Revenue $45,551

TOTAL REVENUE $3,690,194

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,799,474

Other Expenses $3,835,422

TOTAL EXPENSES $3,835,422

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,690,194	$3,340,872	+0.1%
Expenses	$3,835,422	$2,968,515	+0.3%
Net Income	$-145,228	$372,357	-1.4%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Joseph Gorelick	President & CEO	26.00	Officer Director	$0	$0	$0
Affie Sklut	Treasurer	1.50	Officer Director	$0	$0	$0
John Dulles	Secretary	1.50	Officer 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	$3,690,194	$3,835,422	$3,350,925	$-145,228
2022	$3,340,872	$2,968,515	$2,820,873	$372,357
2021	$2,956,034	$2,443,097	$2,970,189	$512,937
2020	$1,682,121	$1,272,137	$1,585,280	$409,984
2019	$1,941,140	$1,748,370	$1,152,033	$192,770
2018	$1,767,680	$1,556,534	$436,988	$211,146

THE DERMATOLOGY EDUCATION FOUNDATION