American Sports Medicine Institute Inc

EIN: 630952490 501(c)(3) Diseases & Disorders

BIRMINGHAM, AL

Total Revenue
$765,184
Total Expenses
$740,477
Total Assets
$149,287
Net Assets
$-97,839
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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
AL
Phone
2059347659
Tax Period
2024-07-01 to 2024-10-31

American Sports Medicine Institute Inc, founded in 1987, is a small nonprofit in the Diseases & Disorders sector that reported $765K in total revenue in fiscal year 2024. Revenue fell 78% from the prior year — a significant decline worth monitoring. Expenses of $740K left a modest 3% surplus.

Mission

ROOTED IN THE LOVING MINISTRY OF JESUS AS HEALER, WE COMMIT OURSELVES TO SERVING ALL PERSONS WITH SPECIAL ATTENTION TO THOSE WHO ARE POOR AND VULNERABLE. OUR CATHOLIC HEALTH MINISTRY IS DEDICATED TO SPIRITUALLY-CENTERED, HOLISTIC CARE WHICH SUSTAINS AND IMPROVES THE HEALTH OF INDIVIDUALS AND COMMUNITIES. WE ARE ADVOCATES FOR A COMPASSIONATE AND JUST SOCIETY THROUGH OUR ACTIONS AND OUR WORDS.

Program Service Accomplishments

Program 1
Expenses: $637,348 Revenue: $19,462

During the period covered by the return, the filing organization was a part of the Ascension Catholic Health Ministry. Ascension is a faith-based healthcare organization that delivers personalized...

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During the period covered by the return, the filing organization was a part of the Ascension Catholic Health Ministry. Ascension is a faith-based healthcare organization that delivers personalized, compassionate care to all, especially to those who need it the most. American Sports Medicine Institute, Inc. (ASMI) is a 501(c)(3) not-for-profit sports medicine research and education foundation located at St. Vincent's Hospital in Birmingham, Alabama. ASMI was founded in 1987 by renowned orthopaedic surgeon Dr. James R. Andrews. The mission of ASMI is to improve the understanding, prevention and treatment of sports-related injuries through research and education. American Sports Medicine Institute, Inc. features a state-of-the-art biomechanics laboratory, a sports medicine library, and a skills lab for arthroscopic training and cadaveric research. ASMI is the nation's largest accredited educator of sports medicine physicians with graduates located in forty-four states, Puerto Rico, and ten foreign countries. IN AUGUST 2024, 10 ORTHOPAEDIC SURGEONS AND PRIMARY CARE SPORTS MEDICINE PHYSICIANS GRADUATED FROM ASMI'S SPORTS MEDICINE FELLOWSHIPS BRINGING OUR TOTAL NUMBER OF GRADUATES TO 491. ASMI CONTINUES TO BE THE LARGEST TRAINER OF SPORTS MEDICINE PHYSICIANS IN THE US. IN ADDITION, ASMI GRADUATED 1 ATHLETIC TRAINER (AT) RESIDENT BRINGING OUR TOTAL OF AT RESIDENCY GRADUATES TO 3.BETWEEN JULY 2024 - OCTOBER 2024, ASMI CONTINUED TO DEVELOP AND SPONSOR OTHER EDUCATIONAL PROGRAMS, CONDUCT SCIENTIFIC RESEARCH AND CONTINUE OTHER CHARITABLE ACTIVITIES. 9 RESEARCH STUDIES WERE PUBLISHED IN PROFESSIONAL LITERATURE DURING THIS TIME PERIOD.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $719,414
Program Service Revenue $18,866
Investment Income $0
Other Revenue $26,904
TOTAL REVENUE $765,184

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $637,348
Other Expenses $740,477
TOTAL EXPENSES $740,477

Year-over-Year Comparison

2024 2023 Change
Revenue $765,184 $3,469,776 -0.8%
Expenses $740,477 $2,848,996 -0.7%
Net Income $24,707 $620,780 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
13
Independent Members
12
Employees
N/A
Volunteers
56

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID SILVERSTEIN VICE CHAIR 1.0
Officer Director
$0 $0 $0
MATT CARRINGTON SECRETARY/TREASURER 1.0
Officer Director
$0 $0 $0
WILLIAM C HORTON CHAIR 1.0
Officer Director
$0 $0 $0
BRIAN FLOWERS MD DIRECTOR 1.0
Director
$0 $0 $0
CAROLYN COUNTS DIRECTOR 1.0
Director
$0 $0 $0
GREG EAGERTON DIRECTOR 1.0
Director
$0 $0 $0
GUIN ROBINSON DIRECTOR 1.0
Director
$0 $0 $0
HANK FROHSIN MD DIRECTOR 1.0
Director
$0 $0 $0
JAMES RICHARDSON DIRECTOR 1.0
Director
$0 $0 $0
JASON P ALEXANDER FACHE EX-OFFICIO/CEO, MINISTRY MARKET EXECUTIVE 0.0
Director
$0 $0 $0
LEIGH DAVIS DIRECTOR 1.0
Director
$0 $0 $0
SISTER CATHERINE MARIE LOWE DC DIRECTOR 1.0
Director
$0 $0 $0
VAL HOLMAN DIRECTOR 1.0
Director
$0 $0 $0
CHRISTOPHER SCOTT HUGHES CFO, MINISTRY MARKET 0.0
Officer
$0 $0 $0
JACK WARREN VINES JR DIRECTOR OF PROGRAMS 0.0
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $765,184 $740,477 $149,287 $24,707
2024 No data No data No data No data
2023 $3,821,960 $2,740,260 $304,643 $1,081,700
2022 $3,485,270 $2,680,996 $263,182 $804,274
2021 $3,080,298 $2,514,111 $301,683 $566,187
2020 $3,339,995 $2,663,320 $183,653 $676,675
2019 $3,464,654 $2,678,384 $116,967 $786,270
2018 $3,302,072 $2,661,646 $38,661 $640,426
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