Smile Network International
- Assets
- $1.7m
- Revenue
- $619.0k
- Investments
- $0.0
- Employees
- 4
- Location
- Minneapolis, MN
- Founding
- 01/2004
- Data as of
- 12/2019
- EIN
- 90-0088719
Organization Overview
Smile Network International is located in Minneapolis, MN. The organization was established in 2004. According to its NTEE Classification (E60) the organization is classified as: Health Support, under the broad grouping of Health Care and related organizations. As of 12/2021, Smile Network International employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Smile Network International 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 12/2019, Smile Network International generated $619.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (7.2%) each year. All expenses for the organization totaled $644.3k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (10.0%) per year over the past 5 years. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
SMILE NETWORK INTERNATIONAL IS A NON-PROFIT HUMANITARIAN ORGANIZATION, WHICH PROVIDES LIFE-ALTERING SURGERIES AND RELATED HEALTH CARE SERVICES TO IMPOVERISHED CHILDREN AND ADULTS IN DEVELOPING NATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SMILE NETWORK INTERNATIONAL SURGICAL CAMPAIGNS WERE SUSPENDED YET ANOTHER YEAR DUE TO THE COVID-19 PANDEMIC. WE RESPONDED TO THE DISRUPTION IN CAMPAIGNS BY BEING A PART OF THE SOLUTION TO THE PANDEMIC BY REALLOCATING MUCH NEEDED MEDICAL SUPPLIES AND DISTRIBUTED THOUSANDS OF UNITS OF PERSONAL PROTECTIVE EQUIPMENT (PPE) TO HOSPITALS, NURSING HOMES AND LOCAL CLINICS TO PROTECT VULNERABLE POPULATIONS. LATE IN 2021 AS THE INTERNATIONAL MARKETS OPENED UP FOR TRAVEL WE RESUMED ADVENTRUE TRAVEL TRIPS TO RAISE MONEY AND AWARENESS TO FUND SURGERIES WITH A RETURN TO WORK IN 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kimberly Rakos Valentini Founder | OfficerTrustee | 55 | $207,352 |
Mark Young Chairman Of | OfficerTrustee | 2 | $0 |
Jon Davis Treasurer | OfficerTrustee | 1 | $0 |
Mark Sweet Board Member | Trustee | 1 | $0 |
Kathy Fink Board Member | Trustee | 1 | $0 |
Sonia Ungermann Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $352,082 |
| Investment income | $29,856 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $39,364 |
| Net Income from Fundraising Events | $32,677 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $42,461 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $619,006 |
| Statement of Expenses | |
|---|---|
| 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. | $165,642 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $142,679 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $9,740 |
| Payroll taxes | $19,472 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,550 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $21,335 |
| Advertising and promotion | $0 |
| Office expenses | $13,143 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $41,846 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,366 |
| Interest | $5,738 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $33,680 |
| Insurance | $2,024 |
| All other expenses | $2,130 |
| Total functional expenses | $644,254 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $43,528 |
| Savings and temporary cash investments | $31,612 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $13,120 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $43,332 |
| Prepaid expenses and deferred charges | $55,951 |
| Investments—publicly traded securities | $1,446,076 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,697,655 |
| Accounts payable and accrued expenses | $230,224 |
| Grants payable | $0 |
| Deferred revenue | $72,815 |
| 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 | $301,337 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $14,148 |
| Total liabilities | $618,524 |
| Net assets without donor restrictions | $1,066,631 |
| Net assets with donor restrictions | $12,500 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $1,079,131 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Smile Network International has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
Art Of Youth Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $500 |
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