International Society Of Hair Surgeons
- Assets
- $5.1m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 10/1994
- Data as of
- 12/2021
- EIN
- 71-0738276
Organization Overview
International Society Of Hair Surgeons, operating under the name Intl Soc of Hair Restoration Surgery, is located in Chicago, IL. The organization was established in 1994. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Intl Soc of Hair Restoration 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, Intl Soc of Hair Restoration Surgery generated $2.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $1.5m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ACHIEVE EXCELLENCE IN PATIENT OUTCOMES BY PROMOTING MEMBER EDUCATION, INTERNATIONAL COLLEGIALITY, RESEARCH, ETHICS, AND PUBLIC AWARENESS.
Describe the Organization's Program Activity:
THE ISHRS WORLD CONGRESS FOCUSES ON TOPICS IN THE FIELD OF HAIR RESTORATION SURGERY. THE MEETING INCLUDES LECTURES, PANEL DISCUSSIONS, SCIENTIFIC POSTER PRESENTATIONS, AND WORKSHOPS.
THE ORGANIZATION OFFERS TRAINING AND WORKSHOPS TO FURTHER EDUCATE PARTICIPANTS ON HAIR RESTORATION AND HAIR HEALTH TOPICS WHICH INCLUDE BUT ARE NOT LIMITED TO HAIR TRANSPLANTATION, MEDICAL THERAPIES, HAIR BIOLOGY AND PHYSIOLOGY, CONGENITAL AND ACQUIRED ALOPECIAS, OTHER HAIR AND SCALP RELATED ANCILLARY PROCEDURES AND DISORDERS, AND RISK AND PRACTICE MANAGEMENT. THE PROGRAMS FOCUS ON BEST PRACTICES BY PROVIDING PRACTICE-ORIENTED, SCIENTIFICALLY-BASED EDUCATIONAL ACTIVITIES THAT WILL MAINTAIN AND ADVANCE SKILLS AND KNOWLEDGE AS WELL AS PROMOTE LIFELONG LEARNING FOR MEMBERS. THEY ALSO HAVE A WEBSITE TO UPDATE MEMBERS AND THE PUBLIC ON HAIR HEALTH OR OTHER RELATED ISSUES.
MEMBERS RECEIVE A SUBSCRIPTION TO THE BI-MONTHLY NEWSLETTER HAIR TRANSPLANT FORUM INTERNATIONAL. THE NEWSLETTER PROVIDES MEMBERS AND SUBSCRIBERS WITH INSIGHTS INTO CURRENT DEVELOPMENTS ON HAIR RESTORATION TOPICS. THE NEWSLETTER IS ALSO USED AS A REFERENCE AND EDUCATIONAL TOOL. DERMATOLOGICAL AND HAIR RESTORATION SURGERY DEVELOPMENTS.
OTHER PROGRAMS INCLUDE MEMBER SERVICES AND ACCME ACCREDITATION. GRANTS FOR HAIR RESTORATION RESEARCH PROJECTS WERE AWARDED TO QUALIFIED RECIPIENTS WHO LATER PUBLISHED OR PRESENTED RESEARCH RESULTS AT THE ANNUAL MEETING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nilofer P Farjo Mbchb Fishrs President | OfficerTrustee | 3 | $0 |
Ricardo Mejia MD Treasurer | OfficerTrustee | 1 | $0 |
Paul J Mcandrews MD Fishrs Immediate Past President | OfficerTrustee | 1 | $0 |
Kapil Dua Mbbs Ms Fishrs Vice President | OfficerTrustee | 1 | $0 |
Bradley R Wolf MD Fishrs Secretary | OfficerTrustee | 1 | $0 |
Victoria Ceh Mpa Executive Director | Officer | 35 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Medical Society Management Administration & Management | 12/30/21 | $351,231 |
Technical Registration Experts Bookkeeping | 12/30/21 | $162,613 |
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 | $50,410 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,410 |
| Total Program Service Revenue | $1,693,154 |
| Investment income | $142,248 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $651,332 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,537,144 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $7,410 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $100,000 |
| Compensation of current officers, directors, key employees. | $57,139 |
| 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 | $383,411 |
| Fees for services: Legal | $12,945 |
| Fees for services: Accounting | $60,176 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $40,828 |
| Fees for services: Other | $0 |
| Advertising and promotion | $147,597 |
| Office expenses | $95,507 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $43,841 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $410,292 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,928 |
| All other expenses | $7,911 |
| Total functional expenses | $1,485,762 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $861,667 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $51,167 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $10,375 |
| Prepaid expenses and deferred charges | $125,556 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $4,063,000 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,111,765 |
| Accounts payable and accrued expenses | $81,028 |
| Grants payable | $0 |
| Deferred revenue | $442,665 |
| 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 | $523,693 |
| Net assets without donor restrictions | $4,556,191 |
| Net assets with donor restrictions | $31,881 |
| 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 | $5,111,765 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that International Society Of Hair Surgeons has recieved totaling $23.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $23 |
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