Foundation For Facial Aesthetic Surgery
- Assets
- $731.9k
- Revenue
- $113.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Germantown, TN
- Founding
- 02/2009
- Data as of
- 12/2021
- EIN
- 26-3148211
Organization Overview
Foundation For Facial Aesthetic Surgery is located in Germantown, TN. The organization was established in 2009. According to its NTEE Classification (G9B) the organization is classified as: Surgical Specialties, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation For Facial Aesthetic Surgery is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Foundation For Facial Aesthetic Surgery generated $113.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.6%) each year. All expenses for the organization totaled $20.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (28.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE FOUNDATION OF FACIAL AESTHETIC SURGERY IS TO FOSTER A SENSE OF COOPERATION AND KNOWLEDGE BETWEEN THE MEDICAL SPECIALTIES THAT ARE PRIMARILY INVOLVED IN THE SCIENCE, PRACTICE AND TEACHING OF FACIAL AESTHETIC SURGERY AND NON-SURGICAL MEDICAL AESTHETICS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ANNUAL EDUCATION SYMPOSIUM WAS NOT HELD IN 2021.
FELLOWSHIP GRANT TO UNIVERSITY OF TENNESSEE HEALTH SCIENCE CENTER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John D Ivy Jr Treasurer | Officer | 0.1 | $0 |
Carol H Langsdon Secretary | Officer | 10 | $0 |
Phillip R Langsdon President | Officer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $79,307 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $79,307 |
| Total Program Service Revenue | $0 |
| Investment income | $34,602 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $113,909 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $19,413 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,360 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $100 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $20,873 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $83,478 |
| Savings and temporary cash investments | $648,420 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $731,898 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $731,898 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $731,898 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Focused Ultrasound Foundation Charlottesville, VA | $44,071,388 | $8,886,317 |
American Academy Of Otolaryngology- Head And Neck Surgery Inc Alexandria, VA | $30,684,607 | $7,780,725 |
American Society Of Transplant Surgeons Arlington, VA | $4,321,288 | $6,243,973 |
Asca Foundation Alexandria, VA | $6,488,650 | $2,091,878 |
American Academy Of Facial Plastic Reconstructive Surgery Alexandria, VA | $1,902,372 | $1,860,628 |
Missouri Association Of Osteopathic Physicians And Surgeons Jefferson City, MO | $2,147,026 | $815,160 |
American Board Of Facial Plastic And Reconstructive Surgery Inc Alexandria, VA | $1,319,045 | $752,186 |
Christine M Kleinert Institute For Hand & Micro Surgery Inc Louisville, KY | $998,284 | $386,223 |
Assoc Of Physician Assistants In Cardiothoracic Vascular Surgery In Fenton, MO | $299,803 | $403,048 |
Florida Society Of Oral Surgeons Inc Buford, GA | $181,068 | $337,410 |
Southern Surgical Association Little Rock, AR | $1,212,670 | $215,221 |
Southeastern Society Of Oral Surgeons Buford, GA | $220,125 | $280,782 |