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 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.

Program Service Accomplishments

Program 1
Expenses: $258,063

Parkinson Place is a 9,000 sq ft comprehensive care center dedicated exclusively to the physical, mental, emotional, and social needs of those living with all movement disorders, their families, and...

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Parkinson Place is a 9,000 sq ft comprehensive care center dedicated exclusively to the physical, mental, emotional, and social needs of those living with all movement disorders, their families, and caregivers. Evidence-based programs support a better life today for those living with Parkinsons and other movement disorders. The Integrative Medicine Program offers over 85 free classes per month including Yoga, Tai Chi, Dance, Speech, Music, Boxing, Fitness, and Pedaling.

Program 2
Expenses: $100,000

Parkinson Place Center presents Empower Hour educational programs twice each week. Speakers from the local community include neurologists, speech therapists, interns from local universities and many...

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Parkinson Place Center presents Empower Hour educational programs twice each week. Speakers from the local community include neurologists, speech therapists, interns from local universities and many others discussing medical treatment options, health care needs, and other topics of interest to people living with movement disorders. Our medical director speaks monthly and is available to answer questions. Lunch is served so our members can socialize and get to meet others in similar circumstances. All programs are free of charge.

Program 3
Expenses: $35,000

Parkinson Place offers support groups in person and online. Circle of Support for men & women with movement disorders encourages open discussions to address questions and concerns at every phase of a...

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Parkinson Place offers support groups in person and online. Circle of Support for men & women with movement disorders encourages open discussions to address questions and concerns at every phase of a movement disorder. Members gain valuable coping skills, strategies, and insights on effectively navigating daily life. Caregivers Only Club provides caregivers support, coping skills, and survival strategies. Caregivers can ask questions and talk about feelings in a private, informal, and nurturing setting. Empowered Living allows those living alone to engage with peers to address challenges aimed at fostering independence and well-being. Peer Enrichment Group provides an opportunity for men to engage in discussion about daily life experiences within the real world.

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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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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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