Global Vitiligo Foundation (EIN 813950571) - 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

2016

Legal Domicile

Principal Officer

Catherine Johannesen

Phone

6305783991

Tax Period

2024-01-01 to 2024-12-31

Global Vitiligo Foundation, founded in 2016, is a small nonprofit in the Medical Research sector that reported $918K in total revenue in fiscal year 2024. Revenue surged 92% from the prior year, signaling strong growth momentum. The organization ran a surplus of $252K, a strong 27% operating margin.

Mission

To improve the quality of life for individuals with vitiligo through education, research, clinical care, and community support.

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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 $888,190

Program Service Revenue $30,283

Investment Income $0

Other Revenue $0

TOTAL REVENUE $918,473

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $43,021

Program Expenses $560,074

Other Expenses $666,121

TOTAL EXPENSES $666,121

Year-over-Year Comparison

	2024	2023	Change
Revenue	$918,473	$478,511	+0.9%
Expenses	$666,121	$419,826	+0.6%
Net Income	$252,352	$58,685	+3.3%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Seemal Desai MD	President	2.00	Officer Director	$0	$0	$0
Harvey Lui MD	President-elect	2.00	Officer Director	$0	$0	$0
Pearl Grimes MD	Immediate Past President	2.00	Officer Director	$0	$0	$0
Iltefat Hamzavi MD	Treasurer	2.00	Officer Director	$0	$0	$0
Richard Huggins MD	Physician Community Liaison	2.00	Officer Director	$0	$0	$0
Alicia Roufs	VP of Vitiligo Support	2.00	Officer Director	$0	$0	$0
Amit Pandya MD	Director	0.50	Director	$0	$0	$0
Alisha Archibald	Director	0.50	Director	$0	$0	$0
Jesse Deutsch	Director	0.50	Director	$0	$0	$0
Nada Elbuluk MD	Director	0.50	Director	$0	$0	$0
Khaled Ezzedine MD	Director	0.50	Director	$0	$0	$0
John Harris MD	Director	0.50	Director	$0	$0	$0
Justin Hall	Director	0.50	Director	$0	$0	$0
Victor Huang MD	Director	0.50	Director	$0	$0	$0
Tonja Johnson	Director	0.50	Director	$0	$0	$0
Stephen Taylor	Director	0.50	Director	$0	$0	$0
Victor Huang MD FAAD	Director	0.50	Director	$0	$0	$0
Davinder Parsad MD	Director 2024	0.50	Director	$0	$0	$0
Efrem Kamen	Director 2024	0.50	Director	$0	$0	$0
Samia Esmat MD	Director 2024	0.50	Director	$0	$0	$0
Harvey Lui MD	Director 2024	0.50	Director	$0	$0	$0
Kim Boyd	VP of Vitiligo Support 2024	2.00	Officer Director	$0	$0	$0
Catherine Johannesen	Executive Director	40.00	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
2024	No data	No data	No data	No data
2024	$918,473	$666,121	$535,338	$252,352
2023	$478,511	$419,826	$213,049	$58,685
2022	$484,999	$325,638	$200,798	$159,361
2021	$116,567	$167,066	$127,879	$-50,499
2020	$123,085	$114,780	$97,786	$8,305
2019	$56,328	$99,328	$97,038	$-43,000
2018	$243,990	$227,009	$72,782	$16,981

Global Vitiligo Foundation