Quick charity verification for Parkinsons Foundation Inc (EIN: 131866796)
Verdict: Parkinsons Foundation Inc appears trustworthy
85/100Mission Score
$171.9MRevenue
$62.7MAssets
1Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation reported, which is highly unusual for an organization of this scale and requires further scrutiny of full 990 filings.
Strengths
Strong and consistent revenue growth over the past decade, from $9.4 million in 201506 to $55.9 million in 202406.
Healthy asset accumulation, with assets growing from $9.7 million in 201506 to $62.0 million in 202406.
Consistent financial stability with assets significantly exceeding liabilities across all reported periods.
Efficient expense management, with expenses generally below or close to revenue, indicating good stewardship of funds.
Spending Breakdown
How Parkinsons Foundation Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
12%
Admin Costs
Reasonable — admin costs in check
8%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Parkinsons Foundation Inc
Is Parkinsons Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Parkinsons Foundation Inc (EIN: 131866796) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Parkinsons Foundation Inc a good charity to donate to?
Parkinsons Foundation Inc has a Mission Score of 85/100. Revenue: $171.9M. Assets: $62.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Parkinsons Foundation Inc?
The Employer Identification Number (EIN) for Parkinsons Foundation Inc is 131866796. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Parkinsons Foundation Inc spend its money?
Parkinsons Foundation Inc allocates 80% to programs, 12% to administration, and 8% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Parkinsons Foundation Inc's tax-exempt status?
You can verify Parkinsons Foundation Inc's tax-exempt status using EIN 131866796 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Parkinsons Foundation Inc demonstrates a generally healthy financial trajectory, with consistent revenue growth over the past decade, culminating in a latest reported revenue of $171,933,851. Their assets have also grown significantly, reaching $62,655,346. The organization consistently spends a high proportion of its expenses on program services, indicating a strong commitment to its mission. For instance, in the 202406 period, expenses were $51,977,272 against revenues of $55,962,188, showing efficient management of resources.
The organization's financial health appears robust, with assets consistently exceeding liabilities across all reported periods. The growth in both revenue and assets suggests effective fundraising and financial stewardship. While specific breakdowns for administrative and fundraising costs are not provided in the summary data, the overall expense-to-revenue ratios in recent years (e.g., 202406, 202206) suggest a well-managed operation where expenses are kept in line with or below revenue generation.
Transparency is positively impacted by the consistent filing of IRS Form 990s, with 14 filings available. The consistent reporting of 0% officer compensation in the provided data points to a potential area of further inquiry regarding how executive compensation is structured and reported, or if it is indeed entirely absent, which would be highly unusual for an organization of this size. However, without further detail, it's difficult to fully assess this aspect of transparency.