Parkinson Place Inc

EIN: 841890153 501(c)(3) Mental Health

Sarasota, FL

Total Revenue
$476,546
Total Expenses
$435,758
Total Assets
$110,674
Net Assets
$106,385
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
FL
Principal Officer
Lawrence Hoffheimer
Phone
9418934388
Tax Period
2024-01-01 to 2024-12-31

Parkinson Place Inc, founded in 2019, is a small nonprofit in the Mental Health sector that reported $477K in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year. Expenses of $436K left a modest 9% surplus.

Mission

To meet the physical, mental, emotional and social needs of those living with Parkinsons disease and all movement disorders through education, empowerment, support and community resources.

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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 $459,803
Program Service Revenue $0
Investment Income $12
Other Revenue $16,731
TOTAL REVENUE $476,546

Expense Breakdown

Grants Paid $0
Salaries & Benefits $177,292
Fundraising Expenses $15,869
Program Expenses $393,063
Other Expenses $258,466
TOTAL EXPENSES $435,758

Year-over-Year Comparison

2024 2023 Change
Revenue $476,546 $541,842 -0.1%
Expenses $435,758 $485,459 -0.1%
Net Income $40,788 $56,383 -0.3%
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
4
Independent Members
2
Employees
4
Volunteers
45

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
2
$234,344
Total Directors
4
$234,344
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Lawrence Hoffheimer Chairman 5.00
Officer Director
$0 $6,316 $161,706
Linda Patterson Vice-Chairman Treasurer 5.00
Officer Director
$0 $7,638 $72,638
Elizabeth Baldwin Director 1.00
Director
$0 $0 $0
Leymis Bolanos Wilmott Director 1.00
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 $476,546 $435,758 $110,674 $40,788
2023 $541,842 $485,459 $87,832 $56,383
2022 $452,649 $419,654 $18,905 $32,995
2021 $559,483 $519,758 $24,807 $39,725
2020 $313,201 $375,607 $296,846 $-62,406
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