American Society for Dermatologic Surgery

What it reported doing in 2024

Leadership: future leaders network: the future leaders network was created to help asds and the specialty meet its current and future challenges. Through this program, asds provides an avenue for young leaders to work with experienced mentors on projects that will benefit the asds and its members while they fine-tune their leadership skills. Our goal is to develop a pool of trained leaders who can carry on the tradition of excellence in our specialty and allow us to reach new heights. Each year the asds provides funding to support 5 - 10 mentor/mentee pairs.partners in professional development: the program is designed to assist young dermatologic surgeons with the advice and insights they need to build a successful career and/or practice. The partners in professional development program will serve as a mentorship in practice management and related career-building activities. The goal of the program is to foster professional development for young dermatologic surgeons who are in the first five years of their career. Mentees will be paired with a mentor for one year if desired, and mentors may choose to work with a mentee within or beyond their geographic area. Mentors and mentees are encouraged to discuss relevant topics at least quarterly. Areas for mentorship include practice management, public education, professional society leadership and public speaking.legacy circleasds launched the new member donation program--the legacy circle website portal. The portal will allow asds members several different opportunities to give in the present (stegman circles) and future (legacy circle). The legacy circle giving program is the first planned giving program of asds. Physician education: the society is an organization whose primary purpose is to promote optimal quality care for patients as well as to support and develop investigative knowledge in the field of dermatologic surgery.accme re-accreditation: in 2014, asds received reaccreditation with commendation from the accreditation for continuing medical education (accme) granting it accreditation for six instead of four years. This is the highest level of recognition awarded by the accme, to only about 21 percent of accredited cme providers. Asds is up for review in 2020.annual meeting: our annual meeting continues to be the definitive educational experience for dermatologic surgeons with over 1300 physician attendees learning about the full scope of practice of cosmetic and surgical dermatology. The annual meeting also included a tradeshow offering companies the opportunity to disseminate the latest information on their products and services to attendees. Funding for the annual meeting is generated by attendee registration fees, corporate sponsorship, advertising and exhibit show application fees.drs. Alatasir and jean carruthers award in honor of drs. Alastair and jean carruthers, the carruthers award was created to stimulate interest and acknowledge cosmetic research contributions from members of asds-accredited fellowship training programs. The award is presented to the highest scoring abstract for which a fellow is the first author.preceptorship program: the preceptorship program provides an unconventional learning environment to perfect skills in those areas of the specialty of dermatologic surgery where innovation has outpaced traditional training programs. The program provides physicians the opportunity to learn from seasoned experts by spending a minimum of one week in their office observing procedures and learning about various aspects of the practice. The preceptorship program receives corporate funding by way of an unrestricted grant. This preceptorship program furthers our education goals.lawrence m. Field, md international dermatologic surgery mentorship exchange fund: the asds international traveling mentorship program (itmp) enhances the exchange of information and body of knowledge of dermatologic surgery among the international community of dermatologic surgeons. It

Financial Efficiency

• Mission deployment rate: 59%; rating input score 59
• Program expense ratio: 63.7%; rating input score 64
• Fundraising efficiency: $2.2 raised per $1 spent on fundraising; rating input score 6; 6th percentile among comparable filings

Transparency & Controls

• Consistency checks: 92.9%; rating input score 93; 13th percentile among comparable filings
• Pay-setting controls: 3 of 6 controls in place; rating input score 50
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Pass
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Yes; rating input score 100

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 6 of 8 controls in place; rating input score 75
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Fail
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 11.6%; rating input score 65; 65th percentile among comparable filings
• Total-asset coverage ratio: 2.79; rating input score 72; 72nd percentile among comparable filings
• Liabilities to assets ratio: 0.14; rating input score 52; 52nd percentile among comparable filings
• Officer compensation ratio: 17.6%; rating input score 15; 15th percentile among comparable filings

Growth

• Program expense growth: 1.5% per year; rating input score 100; 20th percentile among comparable filings
• Revenue growth: 1.5% per year; rating input score 100; 18th percentile among comparable filings
• Asset growth: 8% per year; rating input score 100; 50th percentile among comparable filings