The Plastic Surgery Research Council
- Assets
- $745.4k
- Revenue
- $234.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Beverly, MA
- Founding
- 10/1981
- Data as of
- 12/2021
- EIN
- 37-1101785
Organization Overview
The Plastic Surgery Research Council is located in Beverly, MA. The organization was established in 1981. According to its NTEE Classification (H9B) the organization is classified as: Surgical Specialties Research, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Plastic Surgery Research Council 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, Plastic Surgery Research Council generated $234.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $124.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (9.5%) 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
TO PROMOTE PLASTIC SURGERY RESEARCH AND EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEETINGS AND EDUCATION - THE ANNUAL CONFERENCE PROVIDES EDUCATIONAL INFORMATION ON PLASTIC SURGERY.
OFFICERS AND COMMITTEES - THE COUNCIL ASSEMBLES COMMITTEES TO HELP ORGANIZE AND OPERATE VARIOUS FUNCTIONS OF THE COUNCIL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gregory Borschel MD Chair | OfficerTrustee | 2 | $0 |
Brian Gastman Chair-Elect | OfficerTrustee | 2 | $0 |
Arin Greene Vice-Chair | OfficerTrustee | 2 | $0 |
Alison K Snyder-Warwick MD Secretary-Tr | OfficerTrustee | 2 | $0 |
William M Kuzon Jr MD PHD Historian | OfficerTrustee | 2 | $0 |
Justin M Sacks MD MBA Past Chair | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $142,817 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $142,817 |
| Total Program Service Revenue | $56,769 |
| Investment income | $8,852 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $25,346 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $234,184 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $80,100 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,992 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $6,413 |
| Information technology | $11 |
| 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 | $32,865 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,270 |
| All other expenses | $80 |
| Total functional expenses | $124,481 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $162,589 |
| Savings and temporary cash investments | $0 |
| 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 | $582,794 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $745,383 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $100 |
| 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 | $100 |
| Net assets without donor restrictions | $250,769 |
| Net assets with donor restrictions | $494,514 |
| 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 | $745,383 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Plastic Surgery Research Council has recieved totaling $42.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $42 |
Endowment Analysis
| Beg. Balance | $433,824 |
| Earnings | $70,695 |
| Net Contributions | $6,025 |
| Ending Balance | $510,544 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Cooperative Central Bank Woburn, MA | $0 | $2,132,200 |
Aats Foundation Beverly, MA | $13,581,711 | $3,019,984 |
American Surgical Association Foundation Beverly, MA | $5,755,076 | $657,542 |
Vascular And Endovascular Surgery Society Beverly, MA | $1,121,888 | $594,853 |
The Plastic Surgery Research Council Beverly, MA | $745,383 | $234,184 |
International Institute Of Reconstructive Microsurgery Ltd New York, NY | $28,635 | $0 |
Difelice Foundation For Orthopaedics Inc New York, NY | $13,918 | $0 |
Hand Surgery Research And Education Foundation Inc Newton, MA | $16,489 | $0 |
Society For Functional Precision Medicine Boston, MA | $26,434 | $4,400 |
Parker Hill Orthopedic Researchfoundation Inc Winchester, MA | $160,324 | $0 |