Parkinson Research Foundation Inc
- Assets
- $2.7m
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 5
- Location
- Sarasota, FL
- Founding
- 12/2003
- Data as of
- 12/2023
- EIN
- 20-0205035
Organization Overview
Parkinson Research Foundation Inc is located in Sarasota, FL. The organization was established in 2003. According to its NTEE Classification (G80) the organization is classified as: Specifically Named Diseases, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2023, Parkinson Research Foundation Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Parkinson Research 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 12/2023, Parkinson Research Foundation Inc generated $2.4m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $2.2m during the year ending 12/2023. While expenses have increased by 3.6% per year over the past 9 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE PARKINSON RESEARCH FOUNDATION IS TO HELP FIND A CURE FOR PARKINSONS DISEASE THROUGH FUNDING RESEARCH, WHILE PROVIDING EDUCATION AND SERVICES THAT IMPROVE THE QUALITY OF LIFE TODAY FOR PARKINSON PATIENTS AND THEIR CAREGIVERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PARKINSON PLACE CENTER FOR ALL MOVEMENT DISORDERS IS A 9,000 SQ FT COMPREHENSIVE CARE CENTER DEDICATED EXCLUSIVELY TO THE PHYSICAL, MENTAL, EMOTIONAL AND SOCIAL NEEDS OF PEOPLE WITH ALL MOVEMENT DISORDERS, THEIR FAMILIES AND CAREGIVERS. EVIDENCE-BASED PROGRAMS SUPPORT A BETTER LIFE TODAY FOR THOSE LIVING WITH MOVEMENT DISORDERS. THE INTEGRATIVE MEDICINE PROGRAM OFFERS OVER 85 FREE CLASSES PER MONTH INCLUDING YOGA, TAI-CHI, PILATES, FUN FITNESS, DANCE, VOICE, MUSIC, BOXING, FITNESS AND EXERCISE.
PRF EDUCATION OUTREACH PROGRAMS - THE PRF WEBSITE WWW.PARKINSONHOPE.ORG PROVIDES THE LATEST IN PARKINSONS RESEARCH, TREATMENT AND RESOURCES TO PD PATIENTS AND CAREGIVERS. THE PARKINSON RESEARCH FOUNDATION NEWSLETTER KEEPS THE PARKINSONS COMMUNITY INFORMED QUARTERLY ABOUT THE LATEST IN RESEARCH, CLINICAL UPDATES AND PRACTICAL TIPS FOR LIVING WELL WITH PARKINSONS DISEASE.
PARKINSON RESEARCH FOUNDATION PROVIDES FUNDS TO STUDY THE IMPACT ON QUALITY OF LIFE FOR INDIVIDUALS WITH PARKINSONS DISEASE AND THEIR CAREGIVERS ATTENDING PARKINSON PLACE CENTER IN PARTNERSHIP WITH KEISER UNIVERSITYS MSOT PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lawrence Hoffheimer Chairman Of The Board | OfficerTrustee | 20 | $111,390 |
Linda Patterson Treasurer | OfficerTrustee | 20 | $65,000 |
Donna J Auger Director | Trustee | 0 | $0 |
Dustin Tenney Employee | 15 | $36,898 | |
Amy Carroll Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,266,589 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,266,589 |
| Total Program Service Revenue | $0 |
| Investment income | $54,199 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $160,780 |
| Net Gain/Loss on Asset Sales | -$83,253 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,398,315 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $332,230 |
| 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. | $176,390 |
| Compensation of current officers, directors, key employees. | $88,195 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $122,542 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $79,236 |
| Payroll taxes | $22,903 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $30,000 |
| Fees for services: Investment Management | $14,994 |
| Fees for services: Other | $469,878 |
| Advertising and promotion | $0 |
| Office expenses | $50,162 |
| Information technology | $240 |
| Royalties | $0 |
| Occupancy | $232,042 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,182 |
| Insurance | $8,341 |
| All other expenses | $25,830 |
| Total functional expenses | $2,227,155 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $604,155 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $6,446 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $26,828 |
| Net Land, buildings, and equipment | $9,841 |
| Investments—publicly traded securities | $2,036,317 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,683,587 |
| Accounts payable and accrued expenses | $137,857 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $137,857 |
| Net assets without donor restrictions | $2,545,730 |
| Net assets with donor restrictions | $0 |
| 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 | $2,683,587 |
Grants Awarded
Over the last fiscal year, Parkinson Research Foundation Inc has awarded $481,829 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
PARKINSON PLACE INC | | | $431,829 |
NEUROGENERATION INSTITUTE | | | $50,000 |