Power For Parkinson
- Assets
- $413.9k
- Revenue
- $480.9k
- Investments
- $0.0
- Employees
- 5
- Location
- Austin, TX
- Founding
- 07/2015
- Data as of
- 12/2023
- EIN
- 47-4394675
Organization Overview
Power For Parkinson is located in Austin, TX. The organization was established in 2015. According to its NTEE Classification (E86) the organization is classified as: Patient & Family Support, under the broad grouping of Health Care and related organizations. As of 12/2023, Power For Parkinson employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Power For Parkinson 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, Power For Parkinson generated $480.9k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 21.9% each year . All expenses for the organization totaled $397.1k during the year ending 12/2023. 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
TO SUPPORT PEOPLE WITH PARKINSON'S AND THEIR CAREGIVERS BY PROVIDING FREE FITNESS PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2023, POWER FOR PARKINSON'S CELEBRATED ITS 10TH ANNIVERSARY--A MILESTONE THAT MARKED ANOTHER YEAR OF SIGNIFICANT GROWTH AND IMPACT, BOTH LOCALLY AND GLOBALLY.LOCALLY, WE EXPANDED OUR REACH BYTRAINING A NEW INSTRUCTOR AND LAUNCHING A NEW CLASS LOCATION IN GEORGETOWN, TEXAS. THIS COMMUNITY QUICKLY BECAME ONE OF OUR MOST POPULAR CLASSES. ADDITIONALLY, RESPONDING TO COMMUNITY REQUESTS, WE PARTNERED WITH THE TOWN LAKE YMCA TO INTRODUCE A STANDING WARRIOR CLASS, OFFERING A MORE INTENSIVE OPTION FOR THOSE SEEKING AN EXTRA CHALLENGE. ALONGSIDE OUR WEEKLY CLASSES, WE HOSTED SEVERAL SPECIAL EVENTS AND WORKSHOPS TO ENCOURAGE PARTICIPANTS TO STAY ACTIVE IN NEW WAYS, SUCHAS OUR ANNUAL TANGO WORKSHOP, "ROCK 'N ROLL DANCE," "GET UP OFF THE FLOOR WITH EASE, AND "ART FOR STRESS REDUCTION." EACH EVENT NOT ONLY ENGAGED PARTICIPANTS BUT ALSO INSPIRED NEW CONNECTIONS WITHIN OURCOMMUNITY.GLOBALLY, OUR YOUTUBE CHANNEL HAS BECOME A VALUABLE RESOURCE IN THE PARKINSON'S FITNESS SPACE. BY CREATING SYMPTOM-TARGETED VIDEOS, WE'RE HELPING PEOPLE WORLDWIDE STAY ACTIVE AND ENGAGED. WITH EXERCISEPROVEN TO DELAY OR EVEN REVERSE PARKINSON'S SYMPTOMS, THE MEDICAL COMMUNITY IS INCREASINGLY RECOMMENDING TARGETED PROGRAMS LIKE OURS. IN 2023, WE RELEASED 3-5 NEW VIDEOS WEEKLY, ALLOWING PARTICIPANTS FROM OVER 100 COUNTRIES TO BENEFIT FROM 150+ SYMPTOM-FOCUSED EXERCISE CLASSES. THESE VIRTUAL CLASSES WERE VIEWED OVER 1.5 MILLION TIMES IN JUST ONE YEAR, SUPPORTING INDIVIDUALS WHERE IN-PERSON OPTIONS MAY BE LIMITED.WE RECEIVED INCREDIBLE FEEDBACK IN 2023, WITH NUMEROUS COMMENTS AND EMAILS FROM OUR GLOBAL COMMUNITY. RESPONDING TO A GROWING DEMAND, WE LAUNCHED OUR FIRST INSTRUCTOR TRAINING COURSE, "INTRODUCTION TO PARKINSON'S SYMPTOM-FOCUSED EXERCISE," TO EMPOWER OTHERS TO LEAD CLASSES THAT ADDRESS PARKINSON'S SYMPTOMS. THIS INITIATIVE REFLECTS THE INCREASING NEED FOR SPECIALIZED EXERCISE OPTIONS, AS OVER 10 MILLION PEOPLE WORLDWIDE ARE LIVING WITH PARKINSON'S DISEASE.LASTLY, WE WERE HONORED TO BRING OUR WORK TO THE WORLD STAGE AT THE WORLD PARKINSON'S CONGRESS IN BARCELONA. WE PRESENTED ONE-HOUR DEMONSTRATIONS OF OUR POPULAR "MOVE & SHOUT AND "BRAIN & BODY" CLASSES AND HAD THE OPPORTUNITY TO ENGAGE WITH INTERNATIONAL PARKINSON'S ADVOCATES. NOTABLE METRICS IN 2023 INCLUDE: -315 ACTIVE IN-PERSON PARTICIPANTS -10 WEEKLY CLASSES. AND 2 MONTHLY LUNCH SOCIAL GROUPS. -LAUNCHED INTRODUCTION TO PARKINSONFS SYMPTOM-FOCUSED EXERCISEH INSTRUCTOR TRAINING COURSE. -LAUNCHED LOCAL AND VIRTUAL SUPPORT GROUPS IN PARTNERSHIP WITH THE UNIVERSITY OF TEXAS SCHOOL OF SOCIAL WORK -7,600 NEW SUBSCRIBERS ON YOUTUBE -4,500,000 LIFETIME VIEWS ON YOUTUBE -DOUBLED OUR MONTHLY VIEWS ON YOUTUBE TO 145K -PRESENTED ON A WORLD STAGE IN BARCELONA (WORLD PARKINSON'S CONGRESS)THE TOP 10 VIEWING COUNTRIES FOR OUR YOUTUBE VIDEOS WERE: UNITED STATES INDIA CANADA UNITED KINGDOM PHILIPPINES ITALY AUSTRALIA GERMANY INDONESIA SINGAPORE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maggie Moore Secretary | OfficerTrustee | 1 | $0 |
Stuart V Smith Director | Trustee | 0.5 | $0 |
Christopher Lion Director | Trustee | 0.5 | $0 |
Lauren Lewis Director | Trustee | 2 | $13,276 |
Albert Betts Director | Trustee | 0.5 | $0 |
Stan Wedel Treasurer | 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 | $465,583 |
| Noncash contributions included in lines 1a–1f | $1,794 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $465,583 |
| Total Program Service Revenue | $12,550 |
| Investment income | $1,081 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $1,636 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $480,850 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $940 |
| 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. | $85,000 |
| Compensation of current officers, directors, key employees. | $12,750 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $148,424 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $18,865 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,420 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,238 |
| Advertising and promotion | $2,287 |
| Office expenses | $12,011 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $31,817 |
| Travel | $16,523 |
| 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 | $1,692 |
| Insurance | $6,300 |
| All other expenses | $236 |
| Total functional expenses | $397,096 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $82,620 |
| Savings and temporary cash investments | $326,376 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $4,925 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $413,921 |
| Accounts payable and accrued expenses | $1,679 |
| 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 | $1,679 |
| Net assets without donor restrictions | $412,242 |
| 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 | $413,921 |