Parkinsons Foundation Inc
- Assets
- $51.7m
- Revenue
- $50.3m
- Investments
- $0.0
- Employees
- 171
- Location
- Miami, FL
- Founding
- 02/1959
- Data as of
- 06/2022
- EIN
- 13-1866796
Organization Overview
Parkinsons Foundation Inc is located in Miami, FL. The organization was established in 1959. According to its NTEE Classification (H80) the organization is classified as: Specifically Named Diseases Research, under the broad grouping of Medical Research and related organizations. As of 06/2022, Parkinsons Foundation Inc employed 171 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Parkinsons Foundation Inc 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 06/2022, Parkinsons Foundation Inc generated $50.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 27.1% each year . All expenses for the organization totaled $43.7m during the year ending 06/2022. While expenses have increased by 24.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Parkinsons Foundation Inc has awarded 979 individual grants totaling $47,082,172. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
MAKE LIFE BETTER FOR PEOPLE WITH PARKINSON'S DISEASE BY IMPROVING CARE AND ADVANCING RESEARCH TOWARD A CURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PILLAR 1 - ENSURING BETTER CARE FOR EVERYONE: WE SET STANDARDS FOR EXPERT PARKINSON'S CARE THROUGH A GLOBAL NETWORK OF 47 CENTERS OF EXCELLENCE. WE IMPROVE THE QUALITY OF LIFE FOR PEOPLE WITH PD BY TRACKING THE CARE THAT THEY RECEIVE AT THE CENTERS. MORE THAN 13,000 PATIENTS ARE ENROLLED IN THE PARKINSON'S OUTCOMES PROJECT, THE LARGEST CLINICAL STUDY OF PD. ACCORDING TO THE STUDY, REGULAR PARKINSON'S TREATMENT FROM A NEUROLOGIST COULD SAVE THOUSANDS OF LIVES A YEAR. WE WORK TO CLOSE THE GAP IN PARKINSON'S PROFESSIONAL TRAINING BY EDUCATING NURSES, PHYSICAL THERAPISTS, OCCUPATIONAL THERAPISTS, SPEECH LANGUAGE THERAPISTS AND SOCIAL WORKERS SO THEY CAN PROVIDE BETTER CARE.
PILLAR 2 - UNDERSTANDING PARKINSON'S THROUGH RESEARCH: WE INVEST MORE THAN $10 MILLION ANNUALLY IN PROMISING SCIENTISTS WHO ARE ON A MISSION TO UNDERSTAND THE BASIC MECHANISMS OF PARKINSON'S THAT ARE CRITICAL TO DEVELOPING NEW TREATMENTS AND MEDICATIONS AND ULTIMATELY, A CURE. WE RECRUIT THE MOST TALENTED MINDS IN PARKINSON'S RESEARCH BY SUPPORTING EARLY CAREER SCIENTISTS IN NEUROLOGY WHO MIGHT CHOOSE OTHER FIELDS OF STUDY. WE IDENTIFY AND ADDRESS THE UNMET NEEDS OF PEOPLE WITH PD BY DRIVING CUTTING-EDGE RESEARCH ON A WIDE RANGE OF PATIENT-DRIVEN TOPICS.
PILLAR 3 - EDUCATING AND EMPOWERING THE PARKINSON'S COMMUNITY: WE EDUCATE AND EMPOWER PEOPLE THROUGH THE NATIONAL NETWORK OF STAFF AND VOLUNTEERS. THE FOUNDATION IS THE FIRST ORGANIZATION TO FORM A PARKINSON'S ADVISORY COUNCIL AND THE FIRST TO TRAIN PEOPLE WITH PD TO PARTNER WITH SCIENTISTS ON RESEARCH. WE HELP PEOPLE LIVE WELL WITH PD BY PROVIDING FREE RESOURCES INCLUDING EDUCATION BOOKS, WEBINARS, PODCASTS, A LIFE-SAVING HOSPITALIZATION KIT, AND A TOLL-FREE STAFFED BY PARKINSON'S SPECIALISTS WHO ANSWER NEARLY 25,000 CALLS ANNUALLY. (CONTINUED ON SCHEDULE O)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John L Lehr President & CEO | Officer | 40 | $454,996 |
Veronica Todaro Executive Vp, COO | Officer | 40 | $278,247 |
James Beck Svp, Chief Scientific Officer | Officer | 40 | $261,646 |
Curtis DE Greff Assistant Treasurer/svp, CFO | Officer | 40 | $247,084 |
Kayln Henkel Svp, Chief Development Officer | Officer | 40 | $241,988 |
Leilani Pearl Assistant Secretary/svp Cco | Officer | 40 | $226,748 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Michael J Fox Foundation Research | 6/29/22 | $692,796 |
University Of Rochester Clinic/med Research | 6/29/22 | $676,430 |
Fulgent Therapeutics Llc Therapy | 6/29/22 | $625,000 |
University Of Florida Clinic/med Research | 6/29/22 | $400,000 |
Yale University Clinic/med Research | 6/29/22 | $375,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $3,340,315 |
| Related organizations | $0 |
| Government grants | $2,164,400 |
| All other contributions, gifts, grants, and similar amounts not included above | $44,110,724 |
| Noncash contributions included in lines 1a–1f | $1,484,749 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $49,615,439 |
| Total Program Service Revenue | $0 |
| Investment income | $732,761 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $723,191 |
| Net Income from Fundraising Events | -$798,000 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $50,273,391 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $12,368,331 |
| Grants and other assistance to domestic individuals. | $414,103 |
| Grants and other assistance to Foreign Orgs/Individuals | $1,104,391 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,339,318 |
| Compensation of current officers, directors, key employees. | $287,399 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $10,605,705 |
| Pension plan accruals and contributions | $586,419 |
| Other employee benefits | $1,643,877 |
| Payroll taxes | $836,709 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $313,589 |
| Fees for services: Accounting | $16,178 |
| Fees for services: Lobbying | $605 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $208,606 |
| Fees for services: Other | $4,521,636 |
| Advertising and promotion | $933,240 |
| Office expenses | $2,761,751 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,150,161 |
| Travel | $545,705 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $179,871 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $435,701 |
| Insurance | $183,892 |
| All other expenses | $125,254 |
| Total functional expenses | $43,693,490 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $209,523 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $6,138,927 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $192,752 |
| Net Land, buildings, and equipment | $1,480,883 |
| Investments—publicly traded securities | $43,678,031 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $51,700,116 |
| Accounts payable and accrued expenses | $4,072,033 |
| Grants payable | $16,771,095 |
| Deferred revenue | $701,538 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $358,190 |
| Total liabilities | $21,902,856 |
| Net assets without donor restrictions | $23,604,184 |
| Net assets with donor restrictions | $6,193,076 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $51,700,116 |
Grants Awarded
Over the last fiscal year, Parkinsons Foundation Inc has awarded $13,648,658 in support to 237 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY | | $1,066,875 |
Rochester, NY | | $705,122 |
NAVITAS CLINICAL RESEARCH INC | | | $685,069 |
Ann Arbor, MI | | $449,910 |
INDIANA UNIVERSITY | | | $438,010 |
New Haven, CT | | $415,000 |
Grants Recieved
Over the last fiscal year, we have identified 18 grants that Parkinsons Foundation Inc has recieved totaling $299,505.
| Awarding Organization | Amount |
|---|---|
Parkinsons Unity Walk Inc Kingston, NJ PURPOSE: RESEARCH AND AWARENESS ACTIVITIES RELATING TO PARKINSON'S DISEASE | $212,500 |
Lester W Stevenson Jr Charitable Tr La Crosse, WI PURPOSE: CHARITABLE | $64,324 |
The@arthur L & Lily D Walters Foundation Arlington, VA PURPOSE: SUPPORT FOR PARKINSON SUFFERERS | $10,000 |
Allyn Foundation Incorporated A Delaware Corp Hinsdale, IL PURPOSE: MEDICAL RESEARCH | $3,000 |
Bloom Foundation Inc Edenton, NC PURPOSE: CHARITABLE | $2,000 |
Dennis Edwards & Mark Steinberg Foundation Inc Miami, FL PURPOSE: GENERAL SUPPORT | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Parkinsons Foundation Inc Miami, FL | $51,700,116 | $50,273,391 |
Preeclampsia Foundation Melbourne, FL | $1,762,585 | $1,588,806 |
Phelan Mcdermid Syndrome Foundation Osprey, FL | $2,113,920 | $853,648 |
International Research Foundation For Rsd-Crps Inc Tampa, FL | $1,013,595 | $150,842 |
Back To Healing Inc Snellville, GA | $51,839 | $0 |
Rhizokids International Sylacauga, AL | $149,140 | $29,917 |
Thyroid Cancer And Parathyroid Foundation Inc Tampa, FL | $451,233 | $162,114 |
Alabama Branch Of The International Dyslexia Association Birmingham, AL | $77,562 | $0 |
The Hypoglycemia Research Foundation Inc Sunrise, FL | $5,057 | $20,098 |
Sleep Consortium Palm Beach Gardens, FL | $38,230 | $0 |
Partners For Krabbe Research Palm Harbor, FL | $10,436 | $0 |
Zeenat Qureshi Stroke Institute Suwanee, GA | $12,060 | $0 |