Skin of Color Society

Nonprofit profile at a glance

EIN
830401191
IRS 990 coverage
2018–2024
Forms available
Form 990 2024, Form 990-EZ 2017, Form 990-N 2014
Location
Chicago, IL, USA
Phone
6305783991
Rating confidence
Limited

Official website

Reported finances

Revenue
$1,672,017
Expenses
$1,652,466
Assets
$2,584,809
Liabilities
$744,245

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

Leadership & pay

15 people listed

Executive titles in this filing

  • Andrew F Alexis MD MPH (President)
  • Valerie M Harvey MD MPH FAAD (Immediate Past President)
  • Victoria Barbosa MD MPH MBA FAAD (President-Elect)
  • Kimberly Miller (Executive Director)

People named in this filing

  • Andrew F Alexis MD MPH (President)
  • Shawn Kwatra MD FAAD (Secretary/Treasurer)
  • Valerie M Harvey MD MPH FAAD (Immediate Past President)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

The Skin of Color Society is a professional dermatologic organization dedicated to promoting awareness of and excellence within the special interest area of dermatology, skin of color. Individuals with skin of color are defined by the Society as those individuals of Asian, Hispanic/Latino, African, Native American, Pacific Island descent, and mixtures thereof.

What it reported doing in 2024

Promote, support, and stimulate the development of information related to all aspects of skin of color within the specialty of dermatology and to make this information available to the general Provide a forum for the exchange of information pertaining to skin of color.Promote the education of physicians, residents and non-physician scientists, media, government, and third parties about the unique properties, reaction patterns and diseases that occur in individuals with skin of color by encouraging courses in skin of color and other related topics at scientific meetings and dermatology training centers.Promote the scientific study of skin of color, including basic science, clinical, surgical and cosmetic research.Promote an increase in the body of dermatological literature related to skin of color.Provide collaborative opportunities for established society members and mentoring opportunities for younger members and individuals interested in the field of skin of color.

Operating model

Revenue model
Donor-supported. 92% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 93
  • Accountability: 82
  • Sustainability: 48
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 4 of 7 controls in place; rating input score 57
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 1.2%; rating input score 40; 40th percentile among comparable filings
  • Total-asset coverage ratio: 1.56; rating input score 57; 57th percentile among comparable filings
  • Liabilities to assets ratio: 0.29; rating input score 25; 25th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 30.1% per year; rating input score 100; 92nd percentile among comparable filings
  • Asset growth: 31.4% per year; rating input score 100; 91st percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 15 of 15 board members independent · 4 of 7 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 15 people listed
  • Consistency: 10 of 10 current checks pass
  • Schedules: 6 filed schedules · includes grants
  • Filing history: 6 filing years from 2018 to 2024
  • Contacts: How to reach this organization
  • Money network: 8 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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.

Key Signals

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

  • Review — Accountability: Governance controls: 3 of 7 not reported.
  • Moderate — Sustainability: Operating margin scored 40/100.
  • Review — Sustainability: Total-asset coverage ratio scored 57/100.
  • High — Sustainability: Liabilities to assets ratio scored 25/100.