West Coast Sports Medicine Foundation
- Assets
- $847.2k
- Revenue
- $710.6k
- Investments
- $103.0k
- Employees
- 39
- Location
- Los Angeles, CA
- Founding
- 07/1995
- Data as of
- 12/2022
- EIN
- 95-4497009
Organization Overview
West Coast Sports Medicine Foundation is located in Los Angeles, CA. The organization was established in 1995. 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, West Coast Sports Medicine Foundation employed 39 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. West Coast Sports Medicine Foundation 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, West Coast Sports Medicine Foundation generated $710.6k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $648.9k during the year ending 12/2022. 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
ORTHOPEDIC SPORTS MEDICINE RESEARCH AND TRAINING
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE WCSMF IS A RESEARCH AND EDUCATION FOUNDATION THAT WAS FOUNDED IN 1994 IN LOS ANGELES, CALIFORNIA TO PROVIDE AT RISK HIGH SCHOOL STUDENTS WITH THE OPPORTUNITY TO PARTICIPATE IN INTERSCHOLASTIC SPORTS, REDUCE, MITIGATE AND PROVIDE TREATMENT FOR MUSCULOSKELETAL, SPINAL AND BRAIN RELATED INJURIES THROUGH PROPER, RECOGNITION OF THE TYPE OF INJURIES, THE SEVERITY OF INJURIES AND PROACTIVE ATHLETIC TRAINING, PROMOTE FITNESS, REDUCE THE PREVALENCE OF OBESITY. THE PROGRAM OPERATES AT NO COST TO SCHOOLS AND STUDENT ATHLETES THAT PARTICIPATE IN THE TEAM TO WIN PROGRAM.
THE WCSMF IS A RESEARCH AND EDUCATION FOUNDATION THAT WAS FOUNDED IN 1994 IN LOS ANGELES, CALIFORNIA TO PROVIDE AT RISK HIGH SCHOOL STUDENTS WITH THE OPPORTUNITY TO PARTICIPATE IN INTERSCHOLASTIC SPORTS, REDUCE, MITIGATE AND PROVIDE TREATMENT FOR MUSCULOSKELETAL, SPINAL AND BRAIN RELATED INJURIES THROUGH PROPER, RECOGNITION OF THE TYPE OF INJURIES, THE SEVERITY OF INJURIES AND PROACTIVE ATHLETIC TRAINING, PROMOTE FITNESS, REDUCE THE PREVALENCE OF OBESITY. THE PROGRAM OPERATES AT NO COST TO SCHOOLS AND STUDENT ATHLETES THAT PARTICIPATE IN THE TEAM TO WIN PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keith S Feder MD President And Director | OfficerTrustee | 0 | $0 |
Carol Frey MD Secretary And Director | OfficerTrustee | 0 | $0 |
Richard Katz Chairman Of The Board | Trustee | 0 | $0 |
William Hohl MD Director | Trustee | 0 | $0 |
Peter Bastone Director | Trustee | 0 | $0 |
Michael Schroeder ESQ Director | Trustee | 0 | $0 |
Financial Statements
| 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 | $711,917 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $711,917 |
| Total Program Service Revenue | $0 |
| Investment income | $1,784 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$3,140 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $710,561 |
| 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. | $58,077 |
| Compensation of current officers, directors, key employees. | $19,357 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $276,670 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $28,400 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,700 |
| Fees for services: Accounting | $27,529 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $85,396 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $8,697 |
| Travel | $5,851 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,957 |
| Insurance | $33,544 |
| All other expenses | $23,327 |
| Total functional expenses | $648,862 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $501,466 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $222,558 |
| 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 | $0 |
| Net Land, buildings, and equipment | $20,248 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $102,966 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $847,238 |
| Accounts payable and accrued expenses | $12,356 |
| 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 | $17,228 |
| Total liabilities | $29,584 |
| 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 | $817,654 |
| Total liabilities and net assets/fund balances | $847,238 |