FLORIDA SOCIETY OF DERMATOLOGIC SU… - 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

1990

Legal Domicile

Phone

9042920051

Tax Period

2021-01-01 to 2021-12-31

FLORIDA SOCIETY OF DERMATOLOGIC SURGEONS, founded in 1990, is a small nonprofit in the Education sector that reported $206K in total revenue in fiscal year 2021. Expenses of $259K exceeded revenue, resulting in a 25% operating deficit.

Mission

TO PROMOTE THE CONTINUING EDUCATION AND IMPROVEMENT OF THE PRACTICE OF DERMATOLOGY.

Program Service Accomplishments

Program 1

Expenses: $194,177

THE ORGANIZATION SPONSORS A PROGRAM WHICH PROVIDES DERMATOLOGISTS WITH STATE REQUIRED CONTINUING MEDICAL EDUCATION CREDITS FOR LICENSING AND DERMATOLOGY SPECIFIC CREDITS FOR MAINTENANCE OF...

THE ORGANIZATION SPONSORS A PROGRAM WHICH PROVIDES DERMATOLOGISTS WITH STATE REQUIRED CONTINUING MEDICAL EDUCATION CREDITS FOR LICENSING AND DERMATOLOGY SPECIFIC CREDITS FOR MAINTENANCE OF CERTIFICATE REQUIRED BY THE AMERICAN BOARD 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 (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $206,260

Investment Income $220

Other Revenue $0

TOTAL REVENUE $206,480

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $12,944

Program Expenses $194,177

Other Expenses $258,900

TOTAL EXPENSES $258,900

Year-over-Year Comparison

	2021	2020	Change
Revenue	$206,480	N/A	N/A
Expenses	$258,900	N/A	N/A
Net Income	$-52,420	N/A	N/A

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	Role	Reportable Comp	Other Comp	Total
JAMES DEVOURSNEY MD	President	Officer	$0	$0	$0
KRISTIN SMALLWOOD MD	Vice President	Officer	$0	$0	$0
EDUARDO WEISS MD	Secretary	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
2021	$206,480	$258,900	$114,243	$-52,420

FLORIDA SOCIETY OF DERMATOLOGIC SURGEONS