Plastic Surgery Foundation FY2023 filing

Claim it free, then get the verified mark Claim this org →
EIN 59-6144450 Supporting organization Arlington Heights, IL NTEE G9B
Form 990 (PDF)

Is this your organization? Claim it free

Revenue & expenses by yearFY2021–FY2024
Revenue
$3.7M
FY2023▲ +10%
Expenses
$3.4M
FY2023▼ -11%

Form 990 for the fiscal year ending June 2023 (IRS tax year 2022).


Funds and supports plastic surgery research, educational grants, and public service initiatives globally to improve surgical standards and patient care. For fiscal year 2023 it reported $3.7M in revenue, $3.4M in expenses, and $20.9M in net assets.Pt I

Founded
1948
Type
Supporting organization · Diseases & Disorders
Location
Arlington Heights, IL
Website
www.plasticsurgery.org
Filings
4 on file (2021–2023)
Revenue
$3.7MFY2023
Expenses
$3.4M
Net assets
$20.9M
People
47
Is this your organization?
Claim this profile to manage it and share your story.
Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →
Compare with another nonprofit →
Figures match the IRS filing checked 8/27/26 · see original: IRS
Provided by the organization

This section is blank until Plastic Surgery Foundation claims this page.

Know this organization? Claim it to add your story

Size
$1–10M
What they do
Funds and supports plastic surgery research, educational grants, and public service initiatives globally to improve surgical standards and patient care.
Leadership
Bernard Lee MD · Immediate Past Psf President · $73K
Money in and out
$3.7M revenue, $3.4M expenses
Bottom line
+9% net inflow

What Funders Ask

6 questions, answered from this org's own filings

Will my donation be tax-deductible?

GOOD

Yes — A charitable, religious, educational, scientific, or literary organization. Contributions are generally tax-deductible for donors.

IRS Business Master File records this organization as tax-exempt with deductible contributions. See detail →

Can I donate to this org right now?

GOOD

No revocation on IRS record

This EIN does not appear on the IRS auto-revocation list. See detail →

Is this organization up to date?

GOOD

Filed FY2024 (typical filing lag)

Most recent Form 990 on file is for fiscal year 2024 (2 years ago). See detail →

Is it receiving grants from reputable foundations?

GOOD

5 funders, incl. American Society of Plastic Surgeons

5 distinct foundation funder(s) on file, $700K received in the most recent year with grants. See detail →

How is the money spent?

GOOD

87% to programs

87% of total functional expenses went to program services in the most recent filing (Form 990 Part IX); the rest is overhead and fundraising. See detail →

What's its financial size and trend?

NEUTRAL

$1–10M · ↑ +10% vs prior year

Revenue band $1–10M, +10% versus the prior filing year (up). See detail →

Money in and out · FY2023
Total revenue
$3.7M
Pt VIII · Ln 12
Total expenses
$3.4M
Pt IX · Ln 25
Net assets
$20.9M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $330K
Where spending went · Part IX cols B–D
Program services $0.87 Management & general $0.08 Fundraising $0.05
Net inflow
+9%
revenue over expenses, this year
Pass-through gifts
80%
of revenue from contributions
Program spending
87%
of expenses reach stated programs

Similar organizations you could support

Closest in mission — by what they do
See all organizations like Plastic Surgery Foundation →

Run this organization? Claim this page

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Total assets
$21.6M
FY2023▲ +4%
Total liabilities
$651K
FY2023▼ -27%
Revenue less expensesPt I · Ln 19$330K
Total assetsPt X · Ln 16$21.6M
Program-expense ratioPt IX · col B87%
Voting members of governing bodyPt I · Ln 327
Independent voting membersPt I · Ln 424

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CPlastic Surgery Foundation
EINHdr · item D59-6144450
Principal addressHdr · item CArlington Heights, IL
WebsiteHdr · item Jwww.plasticsurgery.org
Year of formationHdr · item L1948
State of legal domicileHdr · item MIL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFDiseases & Disorders (G9B)
Ruling yearIRS BMFJun 2020

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a27
Independent voting membersPt VI · Ln 1b24
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Immediate Past Psf President
$72,598Pt VII · Sec A
Psf President
$0Pt VII · Sec A
Immediate Past Asps President
$0Pt VII · Sec A
Immediate Past Asps President - Past
$0Pt VII · Sec A
Immediate Past Psf President - Past
$0Pt VII · Sec A
Asps President-Elect
$0Pt VII · Sec A
Psf President-Elect
$0Pt VII · Sec A
Bvp - Health Policy & Advocacy
$0Pt VII · Sec A

Bernard Lee MD’s $73K as Immediate Past Psf President is at the 10th percentile of top reported officer pay among 734 $1–10M diseases & disorders nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2023FY2022FY2021
Bernard Lee MD$72,598——
Gayle Gordillo MD—$59,422$23,679
C Scott Hultman MD——$58,822

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Plastic Surgery Foundation executive salaries →

Are you one of these people? Claim this org to confirm your role

Mission & Programs · Part III

Where the work happens

1 program service account for $2.9M of program spending, described in the organization's own filed words · FY2022.
01

To develop and support the domestic and international research and public service activities of plastic surgeons through educational grants and research awards.

$2.9Mprogram expense

Run this program? Claim this org to tell your story

Statement of Revenue

Part VIII
Contributions & grants$3.0M · 80%
Investment income$762K · 21%
Contributions & grants80%$3.0M
Investment income21%$762K
Total revenueLn 12$3.7M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.87 Management & general $0.08 Fundraising $0.05
Program services87%$2.9M
Management & general8%$275K
Fundraising5%$165K
Total functional expensesLn 25$3.4M

Balance Sheet

Part X · end of year
CashLn 1$4.3M
Total assetsLn 16$21.6M
Total liabilitiesLn 26$651K
Total net assetsLn 32$20.9M
Months of cash on handcomputed15.4

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $20.3M · Operating expenses (Pt IX) $3.4M · Less non-cash grants $2K · Cash operating expenses/yr $3.4M
72.7 months
Where the money goes
Program services
Program services $2.9M · Total expenses $3.4M
87%
Management & General
Management & general $275K · Total expenses $3.4M
8%
Fundraising
Fundraising $165K · Total expenses $3.4M
5%
Cost to raise $1
Fundraising expense (3-yr avg) $250K · Solicited contributions (3-yr avg) $2.7M
$0.09 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $3.0M · Total revenue $3.7M
80%
Government reliance
Government grants — · Total revenue $3.7M
—
Earned-income share
Program service revenue $0 · Total revenue $3.7M
0%
Investment reliance
Investment income $762K · Total revenue $3.7M
+21%
Program self-sufficiency
Program service revenue $0 · Total expenses $3.4M
0%
Growth & trend
Revenue growth (YoY)
This year $3.7M · Prior year $3.4M
+10%
Net-asset trend (YoY)
End of year $20.9M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $3.7M · Expenses $3.4M
+9%
Liabilities-to-Assets
Total liabilities — · Total assets $21.6M
—
Net-asset ratio
Net assets $20.9M · Total assets $21.6M
97%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $14.8M · Other securities (Pt X, ln 12) $1.2M · Total assets (Pt X, ln 16) $21.6M
74%
People & payroll
Highest Reported Total Compensation
Individual Bernard Lee MD · Reported title IMMEDIATE PAST PSF PRESIDENT · Highest reported compensation $73K · Total expenses $3.4M
2%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $891K · Total expenses $3.4M
27%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 87%——
Overhead ratio 8%——
Fundraising cost ratio 6%——
Revenue growth 10%——
Investment management fee ratio 0.4%——
Legal fee ratio 4%——
Accounting fee ratio 0.7%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Smile Train INCFY2024$40K
Total grants receivedfrom 5 funders$700K
See all 5 funders →
Grants paid · 153 grants · $4.8M · 2020–2024
Indiana UniversityIN · FY2024$110,000
The Ohio State UniversityOH · FY2024$59,974
Johns Hopkins UniversityMD · FY2024$49,875
Northwestern UniversityIL · FY2024$49,849
Breastoration INCLA · FY2024$15,000
Yale UniversityCT · FY2024$10,000
Rutgers the State UniversityNJ · FY2024$10,000
Regents of the Univ of CaliforniadavisFY2024$10,000
See all 153 grants →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$3.7M revenue · ⤓ 990 PDF
FY2023$3.7M revenue · viewing · ⤓ 990 PDF
FY2022$3.4M revenue · ⤓ 990 PDF
FY2021$3.7M revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.