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Nonprofiteer
← WOUND HEALING SOCIETY

Form 990 for tax year 2023

Filed by WOUND HEALING SOCIETY.

Totals

Total revenue
$510,808
Total expenses
$486,475
Contributions and grants received
$81,949
Grants paid
$51,921
Program service revenue
$311,680
Investment income
$29,263
Other revenue
$87,916
Total assets, end of year
$1,284,480
Total liabilities, end of year
$6,042
Net assets or fund balances, end of year
$1,278,438
Program services expenses (Part IX)
$346,063
Management and general expenses
$140,412
Fundraising expenses
$0
Program service expenses (Part III)
$346,063

Program services were 71.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $81,949

  • 2a · Program service revenue: ANNUAL MEETING

    total $200,800 · related or exempt $200,800

  • 2b · Program service revenue: MEMBERSHIP DUES

    total $110,880 · related or exempt $110,880

  • 3 · Investment income

    total $29,263 · excluded $29,263

  • 5 · Royalties

    total $86,916 · related or exempt $86,916

  • 7a · Gross sales of assets other than inventory

    securities $3,300

  • 7b · Less cost or other basis and sales expenses

    securities $3,300

  • 11a · Other revenue: JOB POSTINGS

    total $1,000 · unrelated business $1,000

  • 11e · Other revenue, total

    $1,000

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $27,000 · program services $27,000

  • 2 · Grants to domestic individuals

    total $24,921 · program services $24,921

  • 11a · Fees: management

    total $122,231 · program services $15,251 · management and general $106,980

  • 11c · Fees: accounting

    total $5,750 · management and general $5,750

  • 11f · Fees: investment management

    total $6,209 · management and general $6,209

  • 11g · Fees: other

    total $54,167 · program services $54,167

  • 13 · Office expenses

    total $9,251 · management and general $9,251

  • 14 · Information technology

    total $8,761 · management and general $8,761

  • 19 · Conferences, conventions and meetings

    total $127,742 · program services $127,742

  • 23 · Insurance

    total $3,461 · management and general $3,461

  • 24a · Other expenses: JOURNAL EXPENSES

    total $67,223 · program services $67,223

  • 24b · Other expenses: BOARD AND COMMITTEE MEETI

    total $29,759 · program services $29,759

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $206,224 · end of year $141,578

  • 4 · Accounts receivable

    beginning of year $18,197 · end of year $51,916

  • 9 · Prepaid expenses and deferred charges

    beginning of year $12,667 · end of year $23,640

  • 11 · Investments: publicly traded securities

    beginning of year $947,077 · end of year $1,067,346

  • 17 · Accounts payable and accrued expenses

    beginning of year $20,000 · end of year $17

  • 19 · Deferred revenue

    beginning of year $7,225 · end of year $6,025

  • 25 · Other liabilities

    beginning of year $50

  • 27 · Net assets without donor restrictions

    beginning of year $1,152,157 · end of year $1,273,740

  • 28 · Net assets with donor restrictions

    beginning of year $4,733 · end of year $4,698

Mission and programs · 2023

Mission

WOUND HEALING SOCIETY (WHS)IS THE PREMIER SCIENTIFIC ORGANIZATION FOCUSED ON WOUND HEALING. WHS MISSION IS TO IMPROVE WOUND HEALING OUTCOMES THROUGH SCIENCE, PROFESSIONAL EDUCATION AND COMMUNICATION.

Activities or mission (Part I)

PREMIER SCIENTIFIC ORGANIZATION FOCUSED ON THE ADVANCEMENT AND PRACTICE OF WOUND HEALING.

  • ANNUAL AND OTHER SCIENTIFIC MEETINGS: THESE PROVIDE A MEDICAL RELATED SCIENTIFIC FORUM TO DISCUSS DEVELOPMENTS AND RESEARCH IN THE AREA OF WOUND HEALING.

    Expenses $154,642 · Grants $11,649 · Revenue $200,800

  • PUBLICATIONS: PUBLICATION OF SCIENTIFIC JOURNAL WOUND REPAIR AND REGENERATION WHICH UPDATES THE MEDICAL PROFESSION OF DEVELOPMENTS AND RESEARCH IN THE AREA OF WOUND HEALING.

    Expenses $121,390 · Revenue $86,916

  • RESEARCH, FALL SYMPOSIA, AND REGIONAL MEETING GRANTS

    Expenses $40,272 · Grants $40,272

  • OFFICERS AND COMMITTEES: EXPENSES RELATED TO THE GOVERNANCE AND OVERSIGHT OF THE SOCIETY'S EDUCATIONAL INITIATIVES INCLUDING KEEPING THE MEMBERSHIP INFORMED OF ITS OWN AND OTHER MEDICAL SOCIETY DEVELOPMENTS.

    Expenses $29,759

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Traci Wilgus PhD

    PRESIDENT/PR

    Total calculated
    $0
  • Sundeep Keswani

    PRESIDENT-EL

    Total calculated
    $0
  • Susan Volk

    VICE PRESIDE

    Total calculated
    $0
  • Kenneth Liechty MD

    PAST PRES/PR

    Total calculated
    $0
  • Praveen Arany

    SECRETARY

    Total calculated
    $0
  • Herbert B Slade MD

    TREASURER

    Total calculated
    $0
  • Chandan Sen

    BOARD MEMBER

    Total calculated
    $0
  • Rummana Aslam

    BOARD MEMBER

    Total calculated
    $0
  • William Marston

    BOARD MEMBER

    Total calculated
    $0
  • Irena Pastar

    BOARD MEMBER

    Total calculated
    $0
  • Kyle Quinn

    BOARD MEMBER

    Total calculated
    $0
  • Daria Narmoneva

    BOARD MEMBER

    Total calculated
    $0
  • Piul Rabbani

    BOARD MEMBER

    Total calculated
    $0
  • Dorothy Supp

    BOARD MEMBER

    Total calculated
    $0
  • Carlos Zgheib

    BOARD MEMBER

    Total calculated
    $0
  • Robert Kirsner MD

    MEMBER AT LA

    Total calculated
    $0
  • Adrian Barbul MD

    MEMBER AT LA

    Total calculated
    $0
  • Alan Wells

    PAST PRES (5

    Total calculated
    $0
  • Brian Eliceiri

    BOARD MEMBER

    Total calculated
    $0
  • Timothy King

    BOARD MEMBER

    Total calculated
    $0
  • Lisa Gould

    BOARD MEMBER

    Total calculated
    $0

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Provenance

Return type
form_990
Tax year
2023
Filed
13 November 2024
IRS schema version
2023v5.0
Source object
202423209349322807

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