Parkinson Research Foundation Inc

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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

2005

Legal Domicile

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.

Program Service Accomplishments

Program 1

Expenses: $500,000

PRF publishes a quarterly newsletter that informs the Parkinsons community about the latest clinical research, emerging therapies, and practical strategies for enhancing quality of life. In 2024, the newsletter reached 200,000 subscribers, furthering PRFs mission to educate and empower those impacted by Parkinsons disease.

Program 2

Expenses: $425,520

Education Outreach Programs: The Parkinson Research Foundation (PRF) provides educational resources and support to individuals affected by Parkinsons disease, their caregivers, and healthcare...

Education Outreach Programs: The Parkinson Research Foundation (PRF) provides educational resources and support to individuals affected by Parkinsons disease, their caregivers, and healthcare professionals. Through its website, www.parkinsonhope.org, PRF disseminates up-to-date research findings, treatment advancements, and essential resources to improve patient care and disease management.

Program 3

Expenses: $300,000

Parkinson Research Foundation funds Parkinson Place Center for All Movement Disorders, a 9,000 sq ft comprehensive care center dedicated exclusively to the physical, mental, emotional, and social...

Parkinson Research Foundation funds Parkinson Place Center for All Movement Disorders, a 9,000 sq ft comprehensive care center dedicated exclusively to the physical, mental, emotional, and social needs of people with all movement disorders, their families and caregivers. Evidence-based programs support a better life today for those living with movement disorders. The integrative program offers over 100 free classes each month including Yoga, Tai Chi, Pedaling, Dance, Speech, Music, Boxing, and Fitness. Educational programs are held twice weekly with free lunch provided. Support groups include Circle of Support, Peer Enrichment, Empowered Living, and Caregivers Support Group.

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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 (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

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

$737,830

Total Directors

$591,734

Key Employees

Highest Compensated

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