EMPOWER PARKINSON INC (EIN 832789189) - Form 990 Financial Analysis & Trantor Score

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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

2019

Legal Domicile

Principal Officer

PATRICK DONNELLY

Phone

3157297178

Tax Period

2024-01-01 to 2024-12-31

EMPOWER PARKINSON INC, founded in 2019, is a small nonprofit in the Diseases & Disorders sector that reported $589K in total revenue in fiscal year 2024. Revenue surged 48% from the prior year, signaling strong growth momentum. The organization ran a surplus of $320K, a strong 54% operating margin.

Mission

THE OBJECT OF EMPOWER IS TO ENABLE PEOPLE WITH PARKINSON'S DISEASE IN CENTRAL NEW YORK TO LIVE THE FULLEST LIFE POSSIBLE THROUGH PROGRAMS THAT INCREASE THEIR AWARENESS AND PARTICIPATION IN EXERCISE, NUTRITION, MEDICAL SUPPORT AND PSYCHOSOCIAL WELL-BEING.

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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 $314,403

Program Service Revenue $255,890

Investment Income $18,629

Other Revenue $265

TOTAL REVENUE $589,187

Expense Breakdown

Grants Paid $0

Salaries & Benefits $128,599

Fundraising Expenses $3,647

Program Expenses $250,106

Other Expenses $141,068

TOTAL EXPENSES $269,667

Year-over-Year Comparison

	2024	2023	Change
Revenue	$589,187	$397,275	+0.5%
Expenses	$269,667	$286,755	-0.1%
Net Income	$319,520	$110,520	+1.9%

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

Total Directors

$2,100

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GABRIEL YANKOWITZ	VICE PRES.	2.00	Director	$2,100	$0	$2,100
DENNIS DALY	SECRETARY/TR	N/A	Director	$0	$0	$0
PATRICK DONNELLY	PRESIDENT	N/A	Officer Director	$0	$0	$0
JOANNA JEWETT	BOARD MEMBER	N/A	Director	$0	$0	$0
ROBERT JOKL	BOARD MEMBER	N/A	Director	$0	$0	$0
JULIE LOMBARDI	BOARD MEMBER	N/A	Director	$0	$0	$0
MARK COSTA PHD	BOARD MEMBER	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	$589,187	$269,667	$576,560	$319,520
2023	$397,275	$286,755	$257,040	$110,520
2022	$228,859	$206,763	$146,520	$22,096
2021	$226,907	$115,997	$124,424	$110,910

EMPOWER PARKINSON INC