Parkinson Research Foundation Inc
Parkinson Research Foundation Inc shows consistent revenue and asset growth with no reported officer compensation.
EIN: 200205035 · Sarasota, FL · NTEE: G80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.2M |
| Total Expenses | $2.2M |
| Program Spending | 85% |
| Net Assets | $2.5M |
| Transparency Score | 90/100 |
Is Parkinson Research Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Parkinson Research Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Parkinson Research Foundation Inc
Parkinson Research Foundation Inc (EIN: 200205035) is a nonprofit organization based in Sarasota, FL, classified under NTEE code G80. The organization reported total revenue of $3.2M and total assets of $3.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Parkinson Research Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Parkinson Research Foundation Inc is a mid-size nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.4M |
| Total Expenses | $2.2M |
| Surplus / Deficit | +$171K |
| Total Assets | $2.7M |
| Total Liabilities | $138K |
| Net Assets | $2.5M |
| Operating Margin | 7.1% |
| Debt-to-Asset Ratio | 5.1% |
| Months of Reserves | 14.5 months |
Financial Health Grade: A
In 2023, Parkinson Research Foundation Inc reported a surplus of $171K with revenue exceeding expenses, holds 14.5 months of operating reserves (strong position), has a debt-to-asset ratio of 5.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Parkinson Research Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.7% | +11.2% | +12.1% |
| 2022 | -8.1% | +2.0% | +2.0% |
| 2021 | +30.8% | +20.3% | +28.8% |
| 2020 | -22.6% | -8.7% | +43.4% |
| 2019 | +36.4% | +5.3% | +124.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Parkinson Research Foundation Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Parkinson Research Foundation Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $171K, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all provided filings, indicating that its leadership may be volunteer-based or compensated through non-officer categories, which is highly favorable for resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Parkinson Research Foundation Inc:
- Consistent revenue growth, from $1,497,704 in 201412 to $2,398,315 in 202312.
- Significant asset growth, from $1,006,842 in 201412 to $2,683,587 in 202312.
- No reported officer compensation across all filings, indicating high efficiency and transparency.
- Positive net income in recent years (e.g., $171,160 in 202312, $333,056 in 202212), contributing to asset accumulation.
- Relatively low liabilities compared to assets, demonstrating strong financial stability.
Frequently Asked Questions about Parkinson Research Foundation Inc
Is Parkinson Research Foundation Inc a legitimate charity?
Parkinson Research Foundation Inc (EIN: 200205035) is a registered tax-exempt nonprofit based in Florida. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.2M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Parkinson Research Foundation Inc spend its money?
Parkinson Research Foundation Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Parkinson Research Foundation Inc tax-deductible?
Parkinson Research Foundation Inc is registered as a tax-exempt nonprofit (EIN: 200205035). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Parkinson Research Foundation Inc's spending goes to programs?
Parkinson Research Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Parkinson Research Foundation Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Parkinson Research Foundation Inc is above average for NTEE category G80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Parkinson Research Foundation Inc located?
Parkinson Research Foundation Inc is headquartered in Sarasota, Florida and files with the IRS under EIN 200205035. It is classified under NTEE code G80.
How many years of IRS 990 filings does Parkinson Research Foundation Inc have?
Parkinson Research Foundation Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $3.2M in total revenue.
Is Parkinson Research Foundation Inc a good charity?
Based on the provided financial data, Parkinson Research Foundation Inc appears to be a good charity. It demonstrates consistent revenue, asset growth, and a strong commitment to transparency by reporting 0% officer compensation across all filings, suggesting efficient use of funds for its mission.
How has the organization's financial health changed over time?
The organization's financial health has improved significantly. Revenue has grown from $1,497,704 in 201412 to $2,398,315 in 202312, and assets have increased from $1,006,842 to $2,683,587 over the same period, indicating strong financial management and growth.
What is the trend in the organization's liabilities?
Liabilities have remained relatively low and stable compared to assets, fluctuating between $28,390 and $278,923, which is a positive indicator of financial stability and low debt burden.
Filing History
IRS 990 filing history for Parkinson Research Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Parkinson Research Foundation Inc's revenue has declined by 2.8%, moving from $2.5M to $2.4M. Total assets increased by 121.7% over the same period, from $1.2M to $2.7M. Total functional expenses rose by 69.6%, from $1.3M to $2.2M. In its most recent filing year (2023), Parkinson Research Foundation Inc reported a surplus of $171K, with revenue exceeding expenses. The organization holds $138K in liabilities against $2.7M in assets (debt-to-asset ratio: 5.1%), resulting in net assets of $2.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.4M | $2.2M | $2.7M | $138K | — | View 990 |
| 2022 | $2.3M | $2.0M | $2.4M | $115K | — | View 990 |
| 2021 | $2.5M | $2.0M | $2.3M | $105K | — | — |
| 2020 | $1.9M | $1.6M | $1.8M | $279K | — | View 990 |
| 2019 | $2.5M | $1.8M | $1.3M | $120K | — | View 990 |
| 2018 | $1.8M | $1.7M | $566K | $145K | — | View 990 |
| 2017 | $1.5M | $1.8M | $322K | $40K | — | View 990 |
| 2016 | $1.5M | $1.7M | $647K | $59K | — | View 990 |
| 2015 | $1.5M | $1.6M | $887K | $28K | — | View 990 |
| 2014 | $1.5M | $1.8M | $1.0M | $76K | — | View 990 |
| 2013 | $1.8M | $1.6M | $1.3M | $107K | — | View 990 |
| 2012 | $1.4M | $1.5M | $1.1M | $97K | — | View 990 |
| 2011 | $2.5M | $1.3M | $1.2M | $42K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.4M, expenses of $2.2M, and assets of $2.7M (revenue +2.7% year-over-year).
- 2022: Revenue of $2.3M, expenses of $2.0M, and assets of $2.4M (revenue -8.1% year-over-year).
- 2021: Revenue of $2.5M, expenses of $2.0M, and assets of $2.3M (revenue +30.8% year-over-year).
- 2020: Revenue of $1.9M, expenses of $1.6M, and assets of $1.8M (revenue -22.6% year-over-year).
- 2019: Revenue of $2.5M, expenses of $1.8M, and assets of $1.3M (revenue +36.4% year-over-year).
- 2018: Revenue of $1.8M, expenses of $1.7M, and assets of $566K (revenue +20.7% year-over-year).
- 2017: Revenue of $1.5M, expenses of $1.8M, and assets of $322K (revenue +5.0% year-over-year).
- 2016: Revenue of $1.5M, expenses of $1.7M, and assets of $647K (revenue -4.8% year-over-year).
- 2015: Revenue of $1.5M, expenses of $1.6M, and assets of $887K (revenue +1.9% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.8M, and assets of $1.0M (revenue -15.2% year-over-year).
- 2013: Revenue of $1.8M, expenses of $1.6M, and assets of $1.3M (revenue +29.5% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.5M, and assets of $1.1M (revenue -44.8% year-over-year).
- 2011: Revenue of $2.5M, expenses of $1.3M, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Parkinson Research Foundation Inc:
Data Sources and Methodology
This transparency report for Parkinson Research Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.