National Psoriasis Foundation

Nonprofit profile at a glance

EIN
930571472
IRS 990 coverage
2010–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
Alexandria, VA, USA
Phone
5032447404
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$12,648,481
Expenses
$11,737,962
Assets
$14,911,131
Liabilities
$4,949,799

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

27 people listed

Executive titles in this filing

  • LEAH MCCORMICK HOWARD (PRESIDENT/CEO)
  • JASON HARRIS (VICE PRESIDENT OF GOVERNMENT RELATIONS & ADVOCACY)
  • BREANNA BAER (VICE PRESIDENT, FIELD DEVELOPMENT & OPERATIONS)
  • JENNIFER O'CONNOR (VICE PRESIDENT OF ADVANCEMENT)
  • KATHERINE SOUTHWICK (VICE PRESIDENT OF MARKETING & COMMUNICATIONS)

Highest reported compensation

  • LEAH MCCORMICK HOWARD (PRESIDENT/CEO): $442,827 total reported compensation
  • GUY EAKIN (CHIEF SCIENTIFC & MEDICAL OFFICER): $288,162 total reported compensation
  • JENNIFER FAGERSTROM (CHIEF REVENUE OFFICER): $278,725 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The national psoriasis foundation provides people with psoriasis and psoriatic arthritis the services they need to best manage their condition, while promoting research to find a cure.

What it reported doing in 2024

Researchthe national psoriasis foundation (npf) continues to be a leader in funding and driving research to cure psoriatic disease. In fy 2025, npf invested over $2.5m in research grants and fellowship awards towards outside-the-box ideas and supported young researchers, ensuring progress toward novel treatments. Through partnerships such as the accelerated medicines partnership for autoimmune and immune-mediated diseases (amp aim), npf has worked with industry and nonprofit stakeholders to identify molecular pathways and accelerate treatment development. Bridge grants have enabled near-miss nih research applications to secure additional data and eventually obtain federal funding, multiplying donor investment many times over. Over the lifetime of this grant offering, every bridge grant recipient successfully obtained further funding after resubmission, turning $1.5 million in npf grants into $13.5 million in federal support. Npf collaborated with the george Washington university school of medicine and health sciences and community organizations to expand access to dermatologic care in underserved Washington, d.c. Neighborhoods. Qualitative research, such as the s.t.r.a.n.d. Initiative, educated hair stylists on recognizing scalp conditions, broadening community awareness and early detection. The npf health care provider directory was enhanced in 2025 by requiring providers to attest to delivering guideline-based, high-quality care focused on minimal disease activity and continuous professional growth.

Operating model

Revenue model
Donor-supported. 83% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 73% for direct work, and 27% for grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 72
  • Transparency & Controls: 77
  • Accountability: 100
  • Sustainability: 47
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 76.1%; rating input score 76
  • Program expense ratio: 78.7%; rating input score 79
  • Fundraising efficiency: $8.76 raised per $1 spent on fundraising; rating input score 34; 34th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Pass
    • 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: 2 of 8 controls in place; rating input score 25
    • Claims monitoring procedures: Pass
    • Requires narrative reports: Pass
    • Conducts field audits: Fail
    • May suspend future funding: Fail
    • Requires financial reports: Fail
    • Conducts site visits: Fail
    • Requires grant agreements: Fail
    • May require repayment: Fail
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 7.2%; rating input score 60; 60th percentile among comparable filings
  • Total-asset coverage ratio: 1.27; rating input score 45; 45th percentile among comparable filings
  • Liabilities to assets ratio: 0.33; rating input score 43; 43rd percentile among comparable filings
  • Officer compensation ratio: 16.6%; rating input score 6; 6th percentile among comparable filings

Growth

  • Program expense growth: 1.7% per year; rating input score 100; 18th percentile among comparable filings
  • Revenue growth: 3.4% per year; rating input score 100; 29th percentile among comparable filings
  • Asset growth: 6.8% per year; rating input score 100; 48th percentile among comparable filings

Details

  • Where the money goes: 76.1% of revenue deployed · 78.7% of spending went to programs
  • Governance: 19 of 19 board members independent · 9 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $9.2M in reported program spending
  • Leadership: top reported pay $443K · 27 people listed · 4 of 6 pay-setting controls reported
  • Highest-paid contractors: 2 contractors listed · $244K reported
  • Consistency: 41 of 41 current checks pass
  • Schedules: 10 filed schedules · includes major donors, foreign activity, grants, and executive pay
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 23 filed money-flow records
  • Related organizations: 15 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Foreign activity oversight: 6 of 8 not reported.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 34/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 45/100.
  • High — Sustainability: Officer compensation ratio scored 6/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 43/100.