Parkinsons Research And Education Foundation Inc
Parkinsons Research And Education Foundation Inc experiences massive revenue and expense growth in 2023 with no reported officer compensation.
EIN: 200888895 · Boca Raton, FL · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $1.0M |
| Program Spending | 80% |
| Net Assets | $656K |
| Transparency Score | 85/100 |
Is Parkinsons Research And Education Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Parkinsons Research And Education Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Parkinsons Research And Education Foundation Inc
Parkinsons Research And Education Foundation Inc (EIN: 200888895) is a nonprofit organization based in Boca Raton, FL. The organization reported total revenue of $1.4M and total assets of $664K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Parkinsons Research And Education Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Parkinsons Research And Education Foundation Inc is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 41.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $1.0M |
| Surplus / Deficit | +$378K |
| Total Assets | $664K |
| Total Liabilities | $7K |
| Net Assets | $656K |
| Operating Margin | 27.0% |
| Debt-to-Asset Ratio | 1.1% |
| Months of Reserves | 7.8 months |
Financial Health Grade: A
In 2023, Parkinsons Research And Education Foundation Inc reported a surplus of $378K with revenue exceeding expenses, holds 7.8 months of operating reserves (strong position), has a debt-to-asset ratio of 1.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Parkinsons Research And Education Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 41.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +584.9% | +894.0% | +130.6% |
| 2022 | +169.4% | +112.4% | +65.7% |
| 2021 | -57.2% | -31.9% | +13.1% |
| 2020 | +91.1% | +10.8% | +280.2% |
| 2019 | -5.3% | -46.3% | +251.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2005 |
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 Parkinsons Research And Education Foundation Inc with a Mission Score of 85 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: 80%
- fundraising: 10%
According to IRS 990 filings, Parkinsons Research And Education Foundation Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 $378K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly unusual for an organization of its size and recent growth, suggesting a volunteer-led executive team.
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.
Red Flags
The following concerns were identified during AI analysis of Parkinsons Research And Education Foundation Inc's IRS 990 filings:
- Highly volatile revenue and expense history, making long-term financial planning and stability assessment challenging.
- NTEE code is unknown, which limits understanding of its specific charitable focus and peer comparisons.
Strengths
The following positive indicators were identified for Parkinsons Research And Education Foundation Inc:
- Consistent 0% officer compensation, indicating a strong commitment to directing funds towards the mission.
- Significant growth in revenue and assets in the latest filing period (202312), suggesting increased donor support and operational capacity.
- Positive net assets of $663,581 in 2023, indicating financial solvency.
Frequently Asked Questions about Parkinsons Research And Education Foundation Inc
Is Parkinsons Research And Education Foundation Inc a legitimate charity?
Parkinsons Research And Education Foundation Inc (EIN: 200888895) is a registered tax-exempt nonprofit based in Florida. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.4M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Parkinsons Research And Education Foundation Inc spend its money?
Parkinsons Research And Education Foundation Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Parkinsons Research And Education Foundation Inc tax-deductible?
Parkinsons Research And Education Foundation Inc is registered as a tax-exempt nonprofit (EIN: 200888895). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Parkinsons Research And Education Foundation Inc's spending goes to programs?
Parkinsons Research And Education Foundation Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Parkinsons Research And Education Foundation Inc located?
Parkinsons Research And Education Foundation Inc is headquartered in Boca Raton, Florida and files with the IRS under EIN 200888895.
How many years of IRS 990 filings does Parkinsons Research And Education Foundation Inc have?
Parkinsons Research And Education 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 $1.4M in total revenue.
What caused the dramatic increase in revenue and expenses from 2022 to 2023?
The IRS 990 filings show a revenue increase from $204,453 in 2022 to $1,400,388 in 2023, and expenses from $102,881 to $1,022,615. The specific reasons for this surge are not detailed in the provided data but warrant further investigation into their funding sources and program activities.
How does the organization manage to operate with 0% officer compensation, especially with its recent growth?
The consistent reporting of 0% officer compensation across all filings, including the period of significant growth in 2023, suggests that the organization's leadership may be entirely volunteer-based or compensated through other means not classified as officer compensation on the 990. This is a notable characteristic for an organization with over $1 million in annual expenses.
What are the specific program activities that account for the majority of the $1,022,615 in expenses in 2023?
While the total expenses are provided, the detailed breakdown of how these funds are allocated to specific Parkinson's research and education programs is not available in the summary data. A deeper dive into the full 990 form would be necessary to understand the nature and impact of their programmatic spending.
Filing History
IRS 990 filing history for Parkinsons Research And Education Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Parkinsons Research And Education Foundation Inc's revenue has grown by 6068.8%, moving from $23K to $1.4M. Total assets increased by 6748.1% over the same period, from $10K to $664K. Total functional expenses rose by 965.1%, from $96K to $1.0M. In its most recent filing year (2023), Parkinsons Research And Education Foundation Inc reported a surplus of $378K, with revenue exceeding expenses. The organization holds $7K in liabilities against $664K in assets (debt-to-asset ratio: 1.1%), resulting in net assets of $656K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $1.0M | $664K | $7K | — | — |
| 2022 | $204K | $103K | $288K | $9K | — | View 990 |
| 2021 | $76K | $48K | $174K | $85 | — | View 990 |
| 2020 | $177K | $71K | $154K | $7K | — | View 990 |
| 2019 | $93K | $64K | $40K | $402 | — | View 990 |
| 2018 | $98K | $120K | $12K | $82 | — | View 990 |
| 2017 | $187K | $178K | $37K | $6K | — | View 990 |
| 2016 | $98K | $112K | $41K | $18K | — | View 990 |
| 2015 | $2K | $2K | $36K | $0 | — | View 990 |
| 2014 | $6K | $308 | $37K | $0 | — | View 990 |
| 2013 | $35K | $11K | $31K | $0 | — | View 990 |
| 2012 | $27K | $28K | $9K | $2K | — | View 990 |
| 2011 | $23K | $96K | $10K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $1.0M, and assets of $664K (revenue +584.9% year-over-year).
- 2022: Revenue of $204K, expenses of $103K, and assets of $288K (revenue +169.4% year-over-year).
- 2021: Revenue of $76K, expenses of $48K, and assets of $174K (revenue -57.2% year-over-year).
- 2020: Revenue of $177K, expenses of $71K, and assets of $154K (revenue +91.1% year-over-year).
- 2019: Revenue of $93K, expenses of $64K, and assets of $40K (revenue -5.3% year-over-year).
- 2018: Revenue of $98K, expenses of $120K, and assets of $12K (revenue -47.6% year-over-year).
- 2017: Revenue of $187K, expenses of $178K, and assets of $37K (revenue +90.4% year-over-year).
- 2016: Revenue of $98K, expenses of $112K, and assets of $41K (revenue +5748.7% year-over-year).
- 2015: Revenue of $2K, expenses of $2K, and assets of $36K (revenue -72.4% year-over-year).
- 2014: Revenue of $6K, expenses of $308, and assets of $37K (revenue -82.8% year-over-year).
- 2013: Revenue of $35K, expenses of $11K, and assets of $31K (revenue +29.6% year-over-year).
- 2012: Revenue of $27K, expenses of $28K, and assets of $9K (revenue +20.1% year-over-year).
- 2011: Revenue of $23K, expenses of $96K, and assets of $10K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Parkinsons Research And Education Foundation Inc:
Data Sources and Methodology
This transparency report for Parkinsons Research And Education 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.