Intl Society Of Arthroscopy Knee Surgery And Orthopaedic Sports Med
- Assets
- $14.1m
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 7
- Location
- Danville, CA
- Founding
- 04/1983
- Data as of
- 12/2021
- EIN
- 23-7379132
Organization Overview
Intl Society Of Arthroscopy Knee Surgery And Orthopaedic Sports Med is located in Danville, CA. The organization was established in 1983. According to its NTEE Classification (G9B) the organization is classified as: Surgical Specialties, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2021, Intl Society Of Arthroscopy Knee Surgery And Orthopaedic Sports Med employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Intl Society Of Arthroscopy Knee Surgery And Orthopaedic Sports Med 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 Society Of Arthroscopy Knee Surgery And Orthopaedic Sports Med generated $2.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (13.6%) each year. All expenses for the organization totaled $3.1m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.1%) 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
THE INTERNATIONAL SOCIETY OF ARTHROSCOPY, KNEE SURGERY AND ORTHOPAEDIC SPORTS MEDICINE (THE "SOCIETY") IS A NONPROFIT CORPORATION WHOSE PURPOSE IS TO ADVANCE THE WORLDWIDE EXCHANGE AND DISSEMINATION OF EDUCATION, RESEARCH AND PATIENT CARE IN ARTHROSCOPY, KNEE SURGERY AND ORTHOPAEDIC SPORTS MEDICINE. THE SOCIETY'S SUPPORT COMES MAINLY FROM MEMBER DUES, MEETING REGISTRATIONS AND EXHIBIT FEES AND DONATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SOCIETY SPONSORS A BIENNIAL EDUCATIONAL MEDICAL CONFERENCE TO DISSEMINATE THE DEVELOPMENT OF PROCEDURES RELATING TO ARTHROSCOPY.
WORKSHOPS FOR FELLOWS WHO REQUEST FURTHER TRAINING AND/OR EXPOSURE TO ARTHROSCOPY, KNEE SURGERY AND ORTHOPAEDIC SPORTS MEDICINE.
THE SOCIETY PUBLISHES A PROFESSIONAL JOURNAL TO PROVIDE A FORUM FOR THE STUDY AND THE DISSEMINATION OF ADVANCES IN ARTHROSCOPY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sue J Reimbold Executive Director | Officer | 40 | $286,000 |
Hilary J Merliner Senior Director Of Operations | 40 | $130,351 | |
Joy A Allen-Joseph Assistant Director Of Member Engagement | 40 | $117,576 | |
Sarah J Corpuz Finance Manager | 40 | $116,379 | |
Kathleen R Rankin Director Of Marketing & Communications | 40 | $108,643 | |
Willem M Van Der Merwe Mbchb Fcs Mb Past President | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mcj Consulting Administrative | 12/30/19 | $206,789 |
Markey's Audio Visual Inc Audio Visual | 12/30/19 | $144,033 |
Deep Powder Dev It | 12/30/19 | $114,138 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $455,605 |
| All other contributions, gifts, grants, and similar amounts not included above | $641,761 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,097,366 |
| Total Program Service Revenue | $896,811 |
| Investment income | $349,055 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $38,320 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,386,308 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $47,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $130,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $346,296 |
| Compensation of current officers, directors, key employees. | $283,963 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $782,543 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $173,786 |
| Payroll taxes | $72,264 |
| Fees for services: Management | $148,527 |
| Fees for services: Legal | $20,169 |
| Fees for services: Accounting | $11,550 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $83,033 |
| Fees for services: Other | $90,546 |
| Advertising and promotion | $64,900 |
| Office expenses | $10,721 |
| Information technology | $174,713 |
| Royalties | $0 |
| Occupancy | $47,459 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $365,482 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,863 |
| Insurance | $8,834 |
| All other expenses | $178,341 |
| Total functional expenses | $3,104,736 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $511,471 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $312,782 |
| 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 | $43,158 |
| Net Land, buildings, and equipment | $9,782 |
| Investments—publicly traded securities | $13,208,922 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $16,900 |
| Total assets | $14,103,015 |
| Accounts payable and accrued expenses | $535,750 |
| Grants payable | $0 |
| Deferred revenue | $584,452 |
| 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 | $1,120,202 |
| Net assets without donor restrictions | $12,970,289 |
| Net assets with donor restrictions | $12,524 |
| 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 | $14,103,015 |
Grants Awarded
Over the last fiscal year, Intl Society Of Arthroscopy Knee Surgery And Orthopaedic Sports Med has awarded $100,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Redwood City, CA PURPOSE: RESEARCH | $50,000 |
Chicago, IL PURPOSE: RESEARCH | $50,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Intl Society Of Arthroscopy Knee Surgery And Orthopaedic Sports Med has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $10,000 |
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $10,000 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Society For Aesthetic Plastic Surgery Inc Garden Grove, CA | $16,051,687 | $8,927,686 |
American Board Of Podiatric Surgery Inc San Francisco, CA | $20,874,619 | $7,317,800 |
Intl Society Of Arthroscopy Knee Surgery And Orthopaedic Sports Med Danville, CA | $14,103,015 | $2,386,308 |
Childrens Corrective Surgery Society San Diego, CA | $40,712 | $1,816,961 |
Osteopathic Physicians And Surgeons Of California Sacramento, CA | $1,677,098 | $974,913 |
California Ambulatory Surgery Association Sacramento, CA | $1,488,597 | $1,125,018 |
California Association Of Oral & Maxillofacial Surgeons Roseville, CA | $4,068,039 | $839,465 |
Advanced Bioscience Resources Inc Alameda, CA | $69,157 | $777,372 |
American Head And Neck Society Inc Los Angeles, CA | $3,774,250 | $1,158,034 |
American Society For Mohs Surgery Long Beach, CA | $2,930,999 | $982,483 |
Blalock Foundation Santa Monica, CA | $3,652,178 | $390,047 |
Academic Surgical Congress Llc Los Angeles, CA | $535,189 | $248,680 |