THE MELVIN WEINSTEIN PARKINSONS FO… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Phone

7574967949

Tax Period

2022-07-01 to 2023-06-30

THE MELVIN WEINSTEIN PARKINSONS FOUNDATION INC, founded in 2002, is a micro nonprofit in the Diseases & Disorders sector that reported $1K in total revenue in fiscal year 2022. Revenue fell 98% from the prior year — a significant decline worth monitoring. Expenses of $126K exceeded revenue, resulting in a 10445% operating deficit.

Mission

Assists Parkinson's patients by providing general assistance to patients with Parkinson's disease. The Foundation provides medical, equipment, prescription drugs, assistance with medical appointment bills, household expenses on a temporary basis, and general short term assistance for patients between loss of their jobs and the commencement of disability benefits.

Program Service Accomplishments

Program 1

Expenses: $82,744

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $1,195

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,195

Expense Breakdown

Grants Paid $0

Salaries & Benefits $24,583

Fundraising Expenses $596

Program Expenses $82,744

Other Expenses $101,435

TOTAL EXPENSES $126,018

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,195	$60,535	-1.0%
Expenses	$126,018	$113,121	+0.1%
Net Income	$-124,823	$-52,586	+1.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARSHA W ANTHONY	Vice President	3.00	Officer	$0	$0	$0
TRACI W CORCORAN	President	3.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$1,195	$126,018	$521,419	$-124,823
2022	$60,535	$113,121	$641,402	$-52,586
2021	$62,062	$129,503	$793,895	$-67,441
2020	$76,492	$114,479	$656,912	$-37,987

THE MELVIN WEINSTEIN PARKINSONS FOUNDATION INC