Parkinson Research Foundation Inc

EIN: 200205035 501(c)(3) Diseases & Disorders

Sarasota, FL

Total Revenue
$3,210,722
Total Expenses
$2,194,793
Total Assets
$3,678,970
Net Assets
$3,572,230
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
FL
Principal Officer
Lawrence Hoffheimer
Phone
9418704438
Tax Period
2024-01-01 to 2024-12-31

Parkinson Research Foundation Inc, founded in 2005, is a community nonprofit in the Diseases & Disorders sector that reported $3.2M in total revenue in fiscal year 2024. Revenue surged 34% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.0M, a strong 32% operating margin.

Mission

The MISSION of the PARKINSON RESEARCH FOUNDATION is to help find a cure for Parkinsons disease through funding research, while providing education and services that improve the quality of life today for Parkinson patients and their caregivers.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,916,561
Program Service Revenue $0
Investment Income $140,912
Other Revenue $153,249
TOTAL REVENUE $3,210,722

Expense Breakdown

Grants Paid $335,927
Salaries & Benefits $455,440
Fundraising Expenses $517,566
Program Expenses $1,325,520
Other Expenses $1,367,426
TOTAL EXPENSES $2,194,793

Year-over-Year Comparison

2024 2023 Change
Revenue $3,210,722 $2,398,315 +0.3%
Expenses $2,194,793 $2,227,155 0.0%
Net Income $1,015,929 $171,160 +4.9%
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

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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
1
Employees
5
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
4
$737,830
Total Directors
3
$591,734
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Lawrence Hoffheimer Chairman of the Board 20.00
Officer Director
$155,390 $6,316 $404,096
Linda Patterson Treasurer 20.00
Officer Director
$65,000 $7,638 $187,638
Donna J Auger Director 0.00
Officer
$0 $2,096 $146,096
Dustin Tenney Employee 15.00
Highest
$36,898 $22,459 $134,270
Amy Carroll Secretary 2.00
Officer Director
$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 $3,210,722 $2,194,793 $3,678,970 $1,015,929
2023 $2,398,315 $2,227,155 $2,683,587 $171,160
2022 $2,335,772 $2,002,716 $2,394,725 $333,056
2021 $2,542,690 $1,962,686 $2,347,219 $580,004
2020 $1,944,159 $1,631,815 $1,822,333 $312,344
2019 $2,512,803 $1,787,099 $1,271,213 $725,704
2018 $1,841,763 $1,696,697 $565,792 $145,066
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