MICHIGAN PARKINSON FOUNDATION

EIN: 382494280 501(c)(3) Diseases & Disorders

BINGHAM FARMS, MI

Total Revenue
$2,008,470
Total Expenses
$1,436,148
Total Assets
$5,234,119
Net Assets
$4,966,730
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
MI
Principal Officer
KRISTIN ROSSI
Phone
2484331011
Tax Period
2024-01-01 to 2024-12-31

MICHIGAN PARKINSON FOUNDATION, founded in 1983, is a community nonprofit in the Diseases & Disorders sector that reported $2.0M in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum. The organization ran a surplus of $572K, a strong 28% operating margin.

Mission

TO EMPOWER AND SUPPORT INDIVIDUALS IMPACTED BY PARKINSON'S AND RELATED MOVEMENT DISORDERS WITH THEIR CARE PARTNERS, FAMILIES, AND HEALTHCARE PROFESSIONALS.

Program Service Accomplishments

Program 1
Expenses: $1,061,369

CLIENT SUPPORT SERVICES, COUNSELING, RESPITE CARE ASSISTANCE, EDUCATION, PARKINSON'S EXERCISE, SUPPORT GROUPS, REFERRAL SERVICES, AND MEDICAL ASSISTANCE.

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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 $1,429,858
Program Service Revenue $0
Investment Income $176,500
Other Revenue $402,112
TOTAL REVENUE $2,008,470

Expense Breakdown

Grants Paid $0
Salaries & Benefits $593,027
Fundraising Expenses $156,520
Program Expenses $1,061,369
Other Expenses $843,121
TOTAL EXPENSES $1,436,148

Year-over-Year Comparison

2024 2023 Change
Revenue $2,008,470 $1,577,378 +0.3%
Expenses $1,436,148 $1,349,623 +0.1%
Net Income $572,322 $227,755 +1.5%
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
22
Independent Members
22
Employees
10
Volunteers
250

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
5
$136,271
Total Directors
22
$136,271
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KRISTIN ROSSI CEO 40.00
Officer Director
$136,271 $0 $136,271
JEFFREY APPEL DIRECTOR N/A
Director
$0 $0 $0
AARON ELLENBOGEN PRESIDENT N/A
Officer Director
$0 $0 $0
DAVID FLOORE DIRECTOR N/A
Director
$0 $0 $0
MATT FLOORE DIRECTOR N/A
Director
$0 $0 $0
GARY GAVIN DIRECTOR N/A
Director
$0 $0 $0
EDWIN GEORGE DIRECTOR N/A
Director
$0 $0 $0
DEANNA HATMAKER DIRECTOR N/A
Director
$0 $0 $0
SUZANNE HOLGUIN DIRECTOR N/A
Director
$0 $0 $0
DANIEL JAROSHEWICH DIRECTOR N/A
Director
$0 $0 $0
NATE JOLLIFF DIRECTOR N/A
Director
$0 $0 $0
JEFF LAETHEM CHAIRMAN N/A
Officer Director
$0 $0 $0
MARY SUE LANIGAN DIRECTOR N/A
Director
$0 $0 $0
PETER A LEWITT DIRECTOR N/A
Director
$0 $0 $0
SHEELA MANYAM DIRECTOR N/A
Director
$0 $0 $0
LAWRENCE MILLMAN TREASURER N/A
Officer Director
$0 $0 $0
RANDY PAGEL DIRECTOR N/A
Director
$0 $0 $0
SARA SCHIMKE DIRECTOR N/A
Director
$0 $0 $0
DANETTE TAYLOR DIRECTOR N/A
Director
$0 $0 $0
JACQUELINE THOMPSON DIRECTOR N/A
Director
$0 $0 $0
BRIAN TRUE VICE CHAIRMA N/A
Officer Director
$0 $0 $0
RICHARD WINKELMAN DIRECTOR N/A
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 $2,008,470 $1,436,148 $5,234,119 $572,322
2023 $1,577,378 $1,349,623 $4,564,205 $227,755
2022 $2,063,556 $1,036,890 $4,208,464 $1,026,666
2021 $1,153,958 $871,432 $3,131,950 $282,526
2020 $1,222,404 $726,324 $2,792,651 $496,080
2019 $1,109,189 $639,718 $2,165,484 $469,471
2018 $722,610 $581,821 $1,563,528 $140,789
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