Overview
What is Detroit Sports Medicine Foundation?
Detroit Sports Medicine Foundation is a nonprofit organization based in Madison Heights, Michigan. Its primary purpose is to contribute to the field of sports medicine and related medical and scientific disciplines through research, education, and scholarships. They achieve this by hosting an annual symposium and delivering lectures for professionals, keeping them updated on the latest advancements in sports medicine. This foundation serves as a platform for promoting and fostering innovation and knowledge in the realm of sports medicine.
Official website here: www.detroitsportsmed.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
The Detroit Sports Medicine Foundation has achieved an overall score of 83%, which reflects solid performance in accountability and finance. The organization boasts a fully independent board, with 100% of its members meeting this criterion, indicating a strong governance framework. Additionally, the foundation demonstrates effective financial management with a high program expense ratio of 94.36%, ensuring that the majority of funds are directed towards its mission-driven activities.
However, there are some notable areas for improvement. The foundation lacks certain essential policies, such as a whistleblower policy and a document retention and destruction policy, both of which received no points. This absence raises potential concerns regarding transparency and accountability, which are critical for fostering trust among donors and stakeholders.
Overall, while the Detroit Sports Medicine Foundation shows strengths in governance and program spending, addressing the missing policies could enhance its overall effectiveness and credibility as a nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Detroit Sports Medicine Foundation legitimate?
Detroit Sports Medicine Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Detroit Sports Medicine Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.detroitsportsmed.org
What is the mission statement of Detroit Sports Medicine Foundation?
The Detroit Sports Medicine Foundation is dedicated to supporting research, education, and scholarship in the field of sports medicine and related fields of medicine and science. They achieve this by sponsoring an annual symposium and delivering lectures for professionals, focusing on recent advancements in sports medicine. The organization aims to foster a deeper understanding and progress in this field, ultimately benefiting the medical community.
Official website here: www.detroitsportsmed.org
Who is the CEO of Detroit Sports Medicine Foundation?
Stephen E Lemos Md Phd is the Board Member of Detroit Sports Medicine Foundation.
Official website here: www.detroitsportsmed.org
What is the revenue of Detroit Sports Medicine Foundation?
Detroit Sports Medicine Foundation's revenue in 2022 was $48,155.
Official website here: www.detroitsportsmed.org
Who are the executives of Detroit Sports Medicine Foundation and what are their salaries?
Here are 8 key members and their salaries:
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Official website here: www.detroitsportsmed.org
Where can I find the form 990 for Detroit Sports Medicine Foundation?
Detroit Sports Medicine Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.detroitsportsmed.org
Learn more at the official website: www.detroitsportsmed.org
Mission Statement of Detroit Sports Medicine Foundation
Detroit Sports Medicine Foundation is committed to supporting research, education, and scholarship in the field of sports medicine and related fields of medicine and science. To fulfill this mission, the organization sponsors an annual symposium and lectures for professionals, providing them with valuable insights into the latest research and advancements in sports medicine. By hosting these events, Detroit Sports Medicine Foundation aims to contribute to the ongoing development of the field and the advancement of healthcare practices related to sports medicine. The foundation's activities are instrumental in promoting the exchange of knowledge and ideas among professionals, ultimately benefiting athletes and patients alike.
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Impact
August, 2024
Detroit Sports Medicine Foundation's impact lies in supporting research, education, and scholarship in the field of sports medicine and related areas of medicine and science. Through their activities, such as sponsoring an annual symposium and lectures for professionals to discuss research and advancements in sports medicine, they contribute to the development and dissemination of knowledge in this crucial field. Their efforts help advance healthcare practices, improve athletic performance, and promote overall well-being for individuals involved in sports and physical activities. The foundation's dedication to fostering learning and innovation in sports medicine is instrumental in shaping the future of healthcare in the sporting community.
This information is meant to be a general summary of Detroit Sports Medicine Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $20
- Gross Receipts: $48,155
Assets and Liabilities:
- Total Assets: $142,562
- Total Liabilities: $692
- Net Assets: $141,870
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Organization Details
Founding Year
2010
Phone
(248) 480-5121Principal Officer
Stephen E Lemos Md Phd
Main Address
PO BOX 71869, MADISON HEIGHTS, MI, 480710869
Website
www.detroitsportsmed.orgNTEE Category
Code: E12 - Health
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