American Sports Medicine Institute Inc
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- It owes more than it owns.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
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.
- Income
- $765,184
- Spending
- $740,477
- Spent on programs
- 86%
- Reserves
- -3.6 months of spending
- Largest source of income
- donations and private grants, 94%
- Employees
- 0
- Volunteers
- 56
Source: Form 990 for the year ending October 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 30 out of 100. Higher than 3% of charities in its peer group (diseases, $250k to $1m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
0 of 20It owes 166% of what it owns.
Living within its means
15 of 15Income exceeded spending by 3% of income.
Income trend
0 of 15Income fell 78% on the year before.
Spending floor
15 of 1586% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending October 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 89 out of 100. Higher than 71% of charities in its peer group (diseases, $250k to $1m).
Independent board
25 of 2512 of 13 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending October 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $637,348 spent. 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.
Source: Form 990 for the year ending October 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending October 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since August 1987.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.