Sports Medicine Institute International, operating under the name Smi, is located in Palo alto, CA. The organization was established in 1997. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 09/2023, Smi employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Smi 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 09/2023, Smi generated $2.1m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $2.0m during the year ending 09/2023. While expenses have increased by 7.9% per year over the past 4 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
SMI IS DEDICATED TO THE PREVENTION AND TREATMENT OF OVERUSE INJURIES, OPTIMIZATION OF HUMAN FUNCTION, AND ENHANCEMENT OF ATHLETIC PERFORMANCES. THROUGH EDUCATION, RESEARCH, AND CLINICAL SERVICES WE HELP INDIVIDUALS AND ATHLETES OF ALL ABILITIES MAXIMIZE THEIR POTENTIAL AND FUNCTION AT THE HIGHEST LEVEL POSSIBLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHARITABLE CLINIC: THE OPERATION OF A CHARITABLE CLINIC IS TO SUPPORT UNDER-FUNDED COMPETITIVE AMATEUR ATHLETES FROM THE YOUTH LEVEL THROUGH THE COLLEGIATE AND POST-COLLEGIATE LEVELS, BY OFFERING AFFORDABLE SERVICES AND FINANCIAL ASSISTANCE TO THOSE IN NEED. SMI AS A CHARITABLE CLINIC WAS SUCCESSFUL IN ITS DEVELOPMENT AND OPERATION. SMI IS A SOFT TISSUE CLINIC FOR VARIOUS STANFORD ATHLETIC TEAMS/ATHLETES. CROSS-COUNTRY, TRACK & FIELD, BASKETBALL, FOOTBALL, SWIMMING, GOLF, GYMNASTICS, TRIATHLON, SANTA CLARA'S CROSS COUNTRY, TRACK & FIELD, SOCCER, THE BAY AREA TRACK CLUB, TATTERSOLS, AN ALL GIRLS/WOMENS' RUNNING GROUP, NEW BALANCE SILICON VALLEY AND OTHER NON-PROFIT GROUPS SUCH AS ASHA, LEUKEMIA SOCIETY'S TEAM IN TRAINING, AND MANY LOCAL AREA HIGH SCHOOL STUDENTS IN NEED AS WELL AS OTHER ELITE AND RECREATIONALLY ACTIVE PEOPLE IN THE BAY AREA. DURING THIS PAST REPORTING PERIOD, THE CLINIC SERVICE REVENUE WAS $1,926,393. REVENUE FROM NON-BENEFICIARY CLIENTS (89% OF OUR CLIENTS) WAS $ AT RATES OF $140-$250 PER HOUR. 11% OF OUR CLIENTS ARE OTHER NON-PROFIT ORGANIZATIONS AS WELL I.E. PARTNERS IN EDUCATION, LEUKEMIA SOCIETY, ETC. FEES COLLECTED FROM THEM AND OTHER ATHLETIC BENEFICIARIES WERE $ 136,437 RANGING FROM $60-$180 PER HOUR, DEPENDING ON THE FINANCIAL NEED AS WELL AS THEIR ATHLETIC ACHIEVEMENT. DUE TO STILL RECOVERING FULLY FROM THE PANDEMIC, OUR COLLEGIATE-LEVEL ATHLETES WERE NOT AT CAPACITY AS IN PREVIOUS YEARS BUT WE ARE VERY CLOSE.
EDUCATION: SMI'S EDUCATION PROGRAM IS DISPLAYED IN MANY DIFFERENT WAYS. FIRST, THE EDUCATION OF ADVANCED MANUAL THERAPISTS IN TRIGGER POINT THERAPY, MYOFASCIAL RELEASE, NEURAL MOBILIZATION, ACTIVE RELEASE THERAPY, JOINT MOBILIZATION, PROPRIOCEPTIVE NEUROMUSCULAR FACILITATION, GRASTON TECHNIQUE, MUSCLE TAPING, ACTIVE STRETCHING, AND OTHER MANUAL ASPECTS OF ORTHOPEDIC MASSAGE THERAPY FOR THE BENEFIT OF OUR CLIENTS AND THE GENERAL PUBLIC. ALSO THROUGH OUR ATHLETIC EDUCATION PROGRAM AND RECOVERY CENTER. OUR ATHLETIC EDUCATION PROGRAM WORKS ONE-ON-ONE EDUCATING CLIENTS ON PROPER TECHNIQUES AND STRENGTH PROGRAMS TO HELP MAXIMIZE PERFORMANCE BOTH ATHLETICALLY AND IN THEIR DAILY LIVES. WE ALSO GIVE FREE GROUP TALKS ON INJURY PREVENTION TO VARIOUS LARGE GROUPS THROUGHOUT THE BAY AREA. WE DONATE THOUSANDS OF HOURS OF EDUCATIONAL ADVICE TO OUR COMMUNITY WHICH IS WHY OUR REVENUE ISN'T AS STRONG HERE. OUR RECOVERY CENTER HAS REOPENED AND HAS BEEN ABLE TO PROVIDE FREE OF CHARGE MANY VALUABLE SERVICES TO OUR COMMUNITY AND CLIENTELE. WE ARE FINDING THROUGH RESEARCH AS WELL THAT THIS IS THE KEY TO THE SUCCESS AND BENEFIT OF ALL OUR CLIENTS. OUR REVENUE ISN'T HIGH AS WE OFFER THIS CENTER AS A COMPLIMENTARY SERVICE TO CLIENTS AS WELL AS OPEN TO OUR BENEFICIARY TRAINING GROUPS. PROPER EDUCATION AROUND RECOVERY WILL HELP THE BODY REPAIR AND REJUVENATE WHICH IS IMPORTANT FOR RECOVERY. MEDBRIDGE HAS BEEN AN ONLINE TRAINING/TEACHING TOOL FOR OUR THERAPISTS. WE HAVE BENEFITED AS A WHOLE BECAUSE WE INCLUDE THESE TRAINING SESSIONS AS PART OF OUR CONTINUOUS BIWEEKLY EDUCATIONAL MEETINGS. OUR DIRECTOR WAS ALSO EDUCATED IN OSTEOPATHIC COURSES AS WELL AS ONLINE COURSES OFFERED THROUGH MEDBRIDGE THIS CURRENT TAX PERIOD.
RESEARCH: TO PROMOTE RESEARCH, CLINICAL DEVELOPMENT, AND DELIVERY TO THE PUBLIC OF FUNCTIONAL HEALTH SERVICES, NUTRITION, AND ADVANCED MANUAL THERAPY TREATMENTS, PARTICULARLY IN THE FIELDS OF INJURY PREVENTION, INJURY REHABILITATION, AND ATHLETIC PERFORMANCE. SMI'S RESEARCH IS ALSO DEMONSTRATED THROUGH OUR ATHLETIC EDUCATION PROGRAM AND RECOVERY CENTER (SEE PART B). RESEARCH IS ALSO DONE BY OUR EASTERN MEDICINE DEPARTMENT TO SEE HOW ACUPUNCTURE HELPS PEOPLE WITH RECOVERY FROM POST-SURGICAL PROCEDURES AS WELL AS FOR PERFORMANCE. THIS YEAR THE EMPHASIS OF THE RESEARCH WAS DONE ON DRY NEEDLING. DRY NEEDLING IS A TECHNIQUE SPECIFIC TO TRIGGER POINTS. IT IS A MODALITY THAT IS IN HIGH DEMAND IN THE ATHLETIC COMMUNITY AND IS OFTEN PRESCRIBED BY MD'S AND PHYSICAL THERAPISTS. WE HAVE 15 ADVANCED MANUAL THERAPISTS WHO HAVE BEEN CONTINUING EDUCATION WITHIN THEIR TRAINING. WE HOLD EDUCATIONAL CLINICS FREE OF CHARGE FOR OUR THERAPISTS AS WELL AS MANY TEAMS IN THE AREA. WE DONATE OVER 400 HOURS TO VARIOUS GROUPS AND TO INDIVIDUALS THAT WE FEEL CAN REALLY BENEFIT FROM OUR SERVICES. THAT WORKS OUT TO BE ABOUT $80,000 WORTH OF REVENUE. MARK FADIL'S BOOK ON FOAM ROLLING, A PREVIOUS RESEARCH PROJECT, HAS PROVIDED A CORE CONCISE WAY TO VISUALIZE AND PERFORM MULTIPLE EXERCISES TO HELP ENHANCE ONE'S HEALTH AND WELL-BEING. ABOUT 75,000 HAVE BEEN SOLD TO DATE. OUR LONG-TERM GOAL IS STILL TO SET UP AN EDUCATION CENTER TO EDUCATE PRACTITIONERS. THIS PAST TAX PERIOD OUR DIRECTOR HAS PARTICIPATED IN THE ACUSPORT EDUCATION AND SPORTS ACUPUNCTURE PROGRAM (SMA). THIS COURSE HAS HELPED TREAT INJURIES FROM A TRUE INTEGRATED PERSPECTIVE WHICH IS VERY STATE OF THE ART IN THIS FIELD AND HAS HELPED MANY PEOPLE IN OUR COMMUNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mark Fadil Founder, Orthopedic Manual Therapist | Officer | 40 | $477,894 |
Kendra Fadil Executive Director, Orthopedic Manual Therapist | Trustee | 40 | $202,145 |
Dr Kate Kramer Board Member | Trustee | 0.05 | $0 |
Berkeley Revenaugh Board Member | Trustee | 0.05 | $0 |
Nicole Digneo Board Member | Trustee | 0.05 | $0 |
Len Debenedictis Founder, Former Board Member | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $2,080,403 |
Investment income | $143 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
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 | $434 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,080,980 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $616,435 |
Other salaries and wages | $727,234 |
Pension plan accruals and contributions | $30,663 |
Other employee benefits | $81,709 |
Payroll taxes | $218,475 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $4,134 |
Office expenses | $61,562 |
Information technology | $22,585 |
Royalties | $0 |
Occupancy | $132,516 |
Travel | $23,043 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $10,834 |
Interest | $1,691 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $17,563 |
All other expenses | $0 |
Total functional expenses | $2,036,800 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $89,311 |
Savings and temporary cash investments | $306,559 |
Pledges and grants receivable | $0 |
Accounts receivable, net | -$14,850 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $120,350 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $78,250 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $579,620 |
Accounts payable and accrued expenses | $7,471 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $649,682 |
Total liabilities | $657,153 |
Net assets without donor restrictions | $0 |
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 | -$77,533 |
Total liabilities and net assets/fund balances | $579,620 |