SMILE NETWORK INTERNATIONAL

EIN: 900088719 501(c)(3) Health Care

MINNEAPOLIS, MN

Total Revenue
$1,007,266
Total Expenses
$852,712
Total Assets
$1,957,639
Net Assets
$1,755,305
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
MN
Principal Officer
KIMBERLY RAKOS VALENTINI
Phone
6123771800
Tax Period
2023-01-01 to 2023-12-31

SMILE NETWORK INTERNATIONAL, founded in 2003, is a community nonprofit in the Health Care sector that reported $1.0M in total revenue in fiscal year 2023. Revenue surged 55% from the prior year, signaling strong growth momentum. The organization ran a surplus of $155K, a strong 15% operating margin.

Mission

THE MISSION OF SMILE NETWORK INTERNATIONAL IS STRAIGHTFORWARD: TO PROVIDE FREE RECONSTRUCTIVE SURGERIES FOR INDIVIDUALS BORN WITH CLEFT LIPS AND PALATES IN DEVELOPING COUNTRIES.

Program Service Accomplishments

Program 1
Expenses: $569,657 Revenue: $93,250

SMILE NETWORK INTERNATIONAL IS A MINNESOTA-BASED, NON-PROFIT ORGANIZATION THAT PROVIDES LIFE ALTERING, RECONSTRUCTIVE CLEFT SURGERIES AND RELATED HEALTHCARE SERVICES AT NO CHARGE TO UNDER-RESOURCED...

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SMILE NETWORK INTERNATIONAL IS A MINNESOTA-BASED, NON-PROFIT ORGANIZATION THAT PROVIDES LIFE ALTERING, RECONSTRUCTIVE CLEFT SURGERIES AND RELATED HEALTHCARE SERVICES AT NO CHARGE TO UNDER-RESOURCED CHILDREN AND ADULTS ACROSS THE GLOBE. SMILE NETWORK INTERNATIONAL CONDUCTS SURGICAL CAMPAIGNS TO IMPART DIGINITY AND QUALITY OF LIFE TO INDIVIDUALS WHOSE MEDICAL NEEDS MAY OTHERWISE GO UNTREATED. FOR AS LITTLE AS 500, SMILE NETWORK IS ABLE TO CHANGE A LIFE. SMILE NETWORK INTERNATIONAL OPERATED TWO SITES IN MEXICO DURING 2023. A TOTAL OF 14 CLEFT SURGIERIES WERE PERFORMED AT A SITE IN MEXICO CITY AND 45 CLEFT SURGERIES WERE PERFORMED IN ACAPULCO AT NO COST TO THE PATIENT.

Program 2
Expenses: $20,024

SMILE NETWORK INTERNATIONAL IS EXPANDING ITS MISSION TO IMPROVE ACCESS TO SURGICAL AND DENTAL SERVICES FOR NATIVE AMERICAN AND UNDER-RESOURCED COMMUNITIES TO REDUCE DISPERITIES IN ORAL HEALTH THAT...

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SMILE NETWORK INTERNATIONAL IS EXPANDING ITS MISSION TO IMPROVE ACCESS TO SURGICAL AND DENTAL SERVICES FOR NATIVE AMERICAN AND UNDER-RESOURCED COMMUNITIES TO REDUCE DISPERITIES IN ORAL HEALTH THAT HAVE HIDDEN SMILES FOR GENERATIONS. SURGICAL AND DENTAL CAMPAIGN SITES WILL BE SELECTED BASED ON THE NEEDS, FACILITIES, AND RELATIONSHIPS IN EACH COMMUNITY. SMILE NETWORK INTERNATIONAL IS COMMITTED TO EMPOWERING PEOPLE AND WORKING IN PARTNERSHIP TO RESTORE HEALTH, DIGNITY AND PROSPERITY TO IMPACT FUTURE GENERATIONS. THE FIRST SITE IS DUE TO OPEN IN 2024.

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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 (2023)

Revenue Breakdown

Contributions & Grants $630,743
Program Service Revenue $93,250
Investment Income $85,446
Other Revenue $197,827
TOTAL REVENUE $1,007,266

Expense Breakdown

Grants Paid $0
Salaries & Benefits $471,774
Fundraising Expenses $79,486
Program Expenses $589,681
Other Expenses $380,938
TOTAL EXPENSES $852,712

Year-over-Year Comparison

2023 2022 Change
Revenue $1,007,266 $649,894 +0.5%
Expenses $852,712 $730,865 +0.2%
Net Income $154,554 $-80,971 -2.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
8
Employees
4
Volunteers
250

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
3
$259,144
Total Directors
9
$259,144
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KIMBERLY RAKOS VALENTINI FOUNDER 55.00
Officer Director
$240,756 $18,388 $259,144
GREG FRANKENFIELD CHAIRMAN OF 2.00
Officer Director
$0 $0 $0
JOHN QUINLAN TREASURER 1.00
Officer Director
$0 $0 $0
CHAD BOGER BOARD MEMBER 1.00
Director
$0 $0 $0
DALE KIVIMAKI BOARD MEMBER 1.00
Director
$0 $0 $0
RICK KUPCHELLA BOARD MEMBER 1.00
Director
$0 $0 $0
TOM RODGERS BOARD MEMBER 1.00
Director
$0 $0 $0
JANELL STANTON BOARD MEMBER 1.00
Director
$0 $0 $0
MARK SWEET BOARD MEMBER 1.00
Director
$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 No data No data No data No data
2023 $1,007,266 $852,712 $1,957,639 $154,554
2022 $649,894 $730,865 $1,691,496 $-80,971
2021 $973,301 $520,311 $1,965,256 $452,990
2019 $824,442 $988,340 $1,613,973 $-163,898
2018 $1,032,706 $1,121,235 $1,747,188 $-88,529
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