Advancing Innovation in Dermatology Inc. Logo

MIP Score

54

Health Associations
Organ-Specific Health

Advancing Innovation in Dermatology Inc.

Mission

Advancing Innovation in Dermatology (AID) is a nonprofit organization committed to catalyzing the development of new solutions that can significantly improve skin health. Through multiple initiatives and activities, AID provides support, resources, and a nexus for individuals and organizations dedicated to creating innovative dermatologic solutions.

Basic Information

Tax-Exempt

Address

435 Bernardsville Rd, Mendham, New Jersey, 07945

View all Mendham charities

Founded in

2011

EIN

45-3153544

Total Assets

$1.825 million

UN Sustainable Development Goals Supported

This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.

At a Glance

Mission and Vision

Mission and Vision

AID aims to foster community and innovation in dermatology, improving skin health through collaborative efforts.

Upcoming Conferences

Upcoming Conferences

Join leaders in dermatology at our annual events to exchange innovative ideas.

Support AID

Support AID

Your contributions support the next generation of dermatologic innovations.

Impact Stats

2017

Year Launched

Virtual Magic Wand Program

AID launched the Virtual Magic Wand Program to empower clinical faculty to engage in problem-driven innovation.

2018

Year Launched

Hacking Dermatology Initiative

Addresses pressing challenges for patients living with dermatologic conditions through multi-disciplinary teams.

Varies Each Year

Participants

Externship Program

Facilitated unique educational experiences for dermatology residents and fellows with dermatology-focused companies.

Past Events

Dermatology Summit 2024

January 12, 2024

AID held the Dermatology Summit 2024, bringing together stakeholders in dermatology for networking and idea exchange.

Upcoming Events

Dermatology Innovation Forum 2024

2024

A forum to build a leadership community focused on next generation dermatology products.

Learn More

Our Programs

AID Accelerator

A program designed to support early-stage companies developing innovative dermatology products.

Learn More

Externship Program

Facilitating unique educational experiences for dermatology residents and fellows.

Learn More

MIP Score (Beta)

The MIP Score is in beta! We'd love any feedback you may have.

The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.

Overall Score

54

42

/100

Program Expense Ratio

29.35%

2

/20

Program Revenue Growth

-25.51%

2

/20

Leverage Ratio

0.1294

18

/20

Working Capital Ratio

4.845

18

/20

Fundraising Efficiency

0

2

/20

Latest Filing Data: Form 990

Fiscal Year:2022

Source:Source: Self-reported by organization

Financial Details

Revenue

CategoryAmountPercentage
Contributions, Gifts, and Grants260.5K79.19%
Program Services46.04K14.00%
Investment Income22.4K6.81%
Sales of Non-Inventory Assets00.00%
Other Notable Sources00.00%
Total Revenue328.9K100.00%