American Medical Society For Sports Medicine Inc
- Assets
- $9.2m
- Revenue
- $4.2m
- Investments
- $0.0
- Employees
- 10
- Location
- Leawood, KS
- Founding
- 08/1993
- Data as of
- 12/2022
- EIN
- 39-1715104
Organization Overview
American Medical Society For Sports Medicine Inc is located in Leawood, KS. The organization was established in 1993. According to its NTEE Classification (G90) the organization is classified as: Medical Disciplines, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2022, American Medical Society For Sports Medicine Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Medical Society For Sports Medicine Inc 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 12/2022, American Medical Society For Sports Medicine Inc generated $4.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $3.3m during the year ending 12/2022. While expenses have increased by 5.9% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO DEVELOP, SUPPORT AND ENCOURAGE EDUCATIONAL AND SCIENTIFIC PROGRAMS CONCERNED WITH THE ADVANCEMENT OF THE SPORTS MEDICINE PROFESSION FOR THE BENEFIT OF THE COMMUNITY AND THE COMMON GOOD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL MEETING - 1) TO PROVIDE A VALUABLE SOURCE OF CURRENT CUTTING EDGE MEDICAL KNOWLEDGE TO PROFESSIONALS ACTIVELY ENGAGED IN TREATING ATHLETIC PATIENTS; 2) TO PROVIDE AN ACADEMIC FORUM FOR PHYSICIANS TO DISCUSS CURRENT AND CONTROVERSIAL ISSUES IN THE FIELD OF SPORTS MEDICINE; AND 3) TO FOSTER A COLLEGIAL RELATIONSHIP AMONG DEDICATED, COMPETENT SPORTS MEDICINE PHYSICIANS WHO ARE RECOGNIZED AS EXPERTS BY THEIR PEERS AND TO PROVIDE A QUALITY EDUCATIONAL EXPERIENCE.
ECG PROGRAM - THIS TRAINING IS AN EFFORT TO TRAIN PHYSICIANS IN ELECTROCARDIOGRAM INTERPRETATION IN ATHLETES. RESEARCH CONFERENCE - THIS CONFERENCE TARGETS PRIMARY CARE SPORTS MEDICINE FELLOWS INITIATING THEIR TRAINING PROGRAM. THE COURSE OBJECTIVES ARE THE FOLLOWING: 1) TO PROVIDE A FOUNDATION FOR UNDERSTANDING RESEARCH PRINCIPLES AND METHODS; 2) TO PROVIDE MATERIAL THAT WILL AID IN THE CONSTRUCTION AND IMPLEMENTATION OF A SCIENTIFICALLY SOUND RESEARCH PROJECT; AND 3) TO NETWORK WITH OTHER FELLOWS IN DEVELOPING RESEARCH AND CLINICAL TIES.
ADVANCED TEAM PHYSICIAN COURSE - THIS COURSE WAS SPONSORED BY THE ACSM, AMSSM AND AOSSM. THE COURSE OBJECTIVES ARE: 1) TO ADDRESS STATE OF THE ART AND CUTTING EDGE ISSUES AND INFORMATION CONCERNING EVALUATION AND MANAGEMENT OF MEDICAL AND MUSCULOSKELETAL PROBLEMS OF THE ATHLETE; AND 2) TO ENSURE THE TEAM PHYSICIAN IS EXPOSED TO THE LATEST INFORMATION IN THE FIELD OF SPORTS MEDICINE.
MSK CONFERENCE - ENHANCE THE SKILLS IN DIAGNOSTIC ULTRASOUND AND ULTRASOUND GUIDED INJECTIONS OF COMMON MUSCULOSKELTAL (MSK) PROBLEMS. THE GOALS AND OBJECTIVES OF THIS PROGRAM SERVICE ARE AS FOLLOWS: 1) DEVELOP COMPETENCE IN UTILIZATION OF AN ULTRASOUND MACHINE IN MSK SCANNING; 2) ULTRASOUND EXAMS; 3) IDENTIFY ANATOMY DURING MSK ULTRASOUND; 4) UNDERSTAND AND EXPLAIN THE INDICATIONS AND BENEFITS OF MSK ULTRASOUND AND ULTRASOUND GUIDED INJECTION; AND 5) DEVELOP AN UNDERSTANDING OF AND ACQUIRE SKILLS IN BASIC ULTRASOUND GUIDED INJECTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marci Goolsby MD President | Officer | $0 | |
Rebecca Myers MD 1st Vice Pre | Officer | $0 | |
Carly Day MD 2nd Vice Pre | Officer | $0 | |
Jennifer Koontz MD Secretary/tr | Officer | $0 | |
Mark Stovak MD Immediate Pa | Officer | $0 | |
Casey Batten MD Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,340,600 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $180,936 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,521,536 |
| Total Program Service Revenue | $2,131,151 |
| Investment income | $241,591 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$97,380 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,186,136 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $216,047 |
| Compensation of current officers, directors, key employees. | $216,047 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $411,925 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $127,210 |
| Payroll taxes | $45,172 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $31,846 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $28,338 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $57,725 |
| Information technology | $44,644 |
| Royalties | $0 |
| Occupancy | $79,141 |
| Travel | $126,683 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $602,506 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,319 |
| Insurance | $29,863 |
| All other expenses | $210,330 |
| Total functional expenses | $3,251,243 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $558,329 |
| Savings and temporary cash investments | $8,462,929 |
| Pledges and grants receivable | $4,000 |
| Accounts receivable, net | $0 |
| 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 | $54,861 |
| Net Land, buildings, and equipment | $14,089 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $149,135 |
| Total assets | $9,243,343 |
| Accounts payable and accrued expenses | $92,280 |
| Grants payable | $0 |
| Deferred revenue | $715,650 |
| 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 | $157,804 |
| Total liabilities | $965,734 |
| Net assets without donor restrictions | $8,277,609 |
| Net assets with donor restrictions | $0 |
| 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 | $9,243,343 |