DERMATOLOGY FOUNDATION OF SOUTH FL

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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

1957

Legal Domicile

Principal Officer

GEORGE ELGART

Phone

3056612109

Tax Period

2024-07-01 to 2025-06-30

DERMATOLOGY FOUNDATION OF SOUTH FL, founded in 1957, is a small nonprofit that reported $345K in total revenue in fiscal year 2024. Revenue surged 32% from the prior year, signaling strong growth momentum. The organization ran a surplus of $88K, a strong 26% operating margin.

Mission

THE PRIMARY PURPOSE OF THE FOUNDATION IS TO PROMOTE RESEARCH, DEVELOPMENT, AND GROWTH OF DERMATOLOGY AND RELATED SCIENCES.

Program Service Accomplishments

Program 1

Expenses: $128,373

MEDICAL RESEARCH IN THE FIELD 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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $339,948

Program Service Revenue $0

Investment Income $5,176

Other Revenue $0

TOTAL REVENUE $345,124

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $128,373

Other Expenses $256,748

TOTAL EXPENSES $256,748

Year-over-Year Comparison

	2024	2023	Change
Revenue	$345,124	$260,666	+0.3%
Expenses	$256,748	$183,602	+0.4%
Net Income	$88,376	$77,064	+0.1%

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
RANDOLPH ABLEMAN	DIRECTOR	2.00	Director	$0	$0	$0
A LEAH BERKE	DIRECTOR	2.00	Director	$0	$0	$0
GEORGE ELGART	TRUSTEE	2.00	Director	$0	$0	$0
JOAQUIN JIMENEZ	DIRECTOR	2.00	Director	$0	$0	$0
JONETTE KERI	DIRECTOR	2.00	Director	$0	$0	$0
ROBERT KIRSNER	CHAIRMAN	2.00	Director	$0	$0	$0
DEBRA PRICE	DIRECTOR	2.00	Director	$0	$0	$0
HADAR LEV TOV	TRUSTEE	2.00	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
2025	$345,124	$256,748	$330,096	$88,376
2024	No data	No data	No data	No data
2023	$190,966	$144,476	$157,679	$46,490
2022	$113,318	$122,257	$113,785	$-8,939
2021	$16,493	$82,373	$122,779	$-65,880
2020	$62,900	$72,959	$187,656	$-10,059
2019	$170,835	$83,113	$191,385	$87,722
2018	$19,845	$16,231	$101,101	$3,614