THE PARKINSON ALLIANCE INC C/O JAMES M WOOD CPA

EIN: 223683309 501(c)(3) Medical Research

HILLSBOROUGH, NJ

Total Revenue
$85,580
Total Expenses
$93,292
Total Assets
$9,464
Net Assets
$9,464
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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
1999
Legal Domicile
NJ
Principal Officer
CAROL WALTON
Phone
6099050483
Tax Period
2024-01-01 to 2024-12-31

THE PARKINSON ALLIANCE INC C/O JAMES M WOOD CPA, founded in 1999, is a micro nonprofit in the Medical Research sector that reported $86K in total revenue in fiscal year 2024. Revenue surged 736% from the prior year, signaling strong growth momentum.

Mission

FOUNDED IN 1999, THE PARKINSON ALLIANCE IS A NATIONAL NONPROFIT ORGANIZATION BASED IN KINGSTON, NJ. IT FOSTERS PHILANTHROPIC ACTIVITIES TO RAISE FUNDS FOR THE MOST PROMISING PARKINSON'S DISEASE RESEARCH THAT WILL HELP FIND THE CURE.

Program Service Accomplishments

Program 1
Expenses: $71,347

ASSISTED PARKINSON'S DISEASE PATIENTS IN OBTAINING APPROPRIATE MEDICAL CARE. PRODUCED PODCAST ON PARKINSON'S DISEASE TREATMENT.

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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 $85,580
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $85,580

Expense Breakdown

Grants Paid $0
Salaries & Benefits $69,259
Fundraising Expenses $0
Program Expenses $71,347
Other Expenses $24,033
TOTAL EXPENSES $93,292

Year-over-Year Comparison

2024 2023 Change
Revenue $85,580 $10,234 +7.4%
Expenses $93,292 $190,970 -0.5%
Net Income $-7,712 $-180,736 -1.0%
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

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Governance

Voting Members
3
Independent Members
3
Employees
2
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
3
$57,692
Total Directors
3
$57,692
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARTIN TUCHMAN CHAIRMAN OF THE BOARD 2.00
Officer Director
$0 $0 $0
CAROL J WALTON PRESIDENT & CEO 40.00
Officer Director
$57,692 $0 $57,692
JANICE KAPLAN TREASURER 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
2024 $85,580 $93,292 $9,464 $-7,712
2023 $10,234 $190,970 $17,176 $-180,736
2022 $616,177 $922,590 $464,272 $-306,413
2021 $460,457 $732,176 $553,070 $-271,719
2020 $623,914 $676,929 $817,204 $-53,015
2019 $725,992 $756,406 $871,963 $-30,414
2018 $803,490 $766,492 $893,241 $36,998
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