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Ratings & Metrics
Joint Costs
Parkinson's Foundation's rating was adjusted for Joint Costs. If you are a donor who considers direct mail, telemarketing, and other Joint Cost solicitations to be true charitable programs, the below efficiency ratios, which were not adjusted for joint costs, may better reflect your goals.
| Program % | Cost to Raise $100 |
|---|---|
| 84% | $11 |
Financial Documents
| Entity | Document Type | Tax ID |
|---|---|---|
| Parkinson's Foundation | IRS Form 990 | 13-1866796 |
| Parkinson's Foundation | Audited Financial Statements | 13-1866796 |
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Entity: Parkinson's Foundation Document Type: IRS Form 990 Tax ID: 13-1866796 |
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Entity: Parkinson's Foundation Document Type: Audited Financial Statements Tax ID: 13-1866796 |
Governance & Transparency
Top Salaries
| Name | Title | Compensation | |
|---|---|---|---|
| 1 | John L. Lehr | President/CEO | $441,391 |
| 2 | Veronica Todaro | Senior VP/COO | $265,121 |
| 3 | Sean Kramer | Senior VP/Chief Development Officer | $262,157 |
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1 Name: John L. Lehr Title: President/CEO Compensation: $441,391 |
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2 Name: Veronica Todaro Title: Senior VP/COO Compensation: $265,121 |
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3 Name: Sean Kramer Title: Senior VP/Chief Development Officer Compensation: $262,157 |
Analysts' Notes
According to the Parkinson's Foundation tax filing for the fiscal year ending June 30, 2020, the Foundation reports receiving donated services and use of facilities in fiscal 2020 on which it placed a total value of $888,553 (IRS Form 990, Schedule D, Part XI). [Note: CharityWatch generally excludes the value of in-kind (non-cash) donations of goods and services from its calculations of Program % and Cost to Raise $100. More information on how grades are calculated and the treatment of in-kind donations can be found on the Our Process page.] |
According to the Parkinson's Foundation audit of June 30, 2020 (Note 9, Paycheck Protection Program Loan): "On April 21, 2020, the Foundation executed a loan for $2,164,400 under the Paycheck Protection Program authorized by the Coronavirus Aid, Relief, and Economic Security Act... The loan bears interest at 1%. Six months after the effective date, principal payments are due in equal amounts over an eighteen-month period. The loan matures on April 22, 2022. Under the Paycheck Protection Program, loan funds are eligible for forgiveness to the extent that they are used to cover certain payroll, rent and utility costs and if the Foundation retains employees during a specified period of time." |
According to the Parkinson's Foundation audit of June 30, 2020 (Note 15, Coronavirus): "Since January 2020, the coronavirus (COVID-19) outbreak has caused substantial disruption in international and U.S. economies and markets. The coronavirus and fear of further spread of the coronavirus has caused quarantines, cancellation of events, and overall reduction in business and economic activity. On March 11, 2020, the World Health Organization designated the coronavirus outbreak a pandemic. Management and the Board of Directors are evaluating the potential adverse effect this will have on their financial position, operations and cash flows. The full impact of COVID-19 is unknown and cannot be reasonably estimated as of the date these financial statements were available to be issued [October 9, 2020]." |
According to the Parkinson's Foundation audit of June 30, 2020 (Note 10, Acquisitions): "During the year ended June 30, 2019, the Foundation combined with two entities, PD Gladiators, Inc. and the Parkinson's Association of Western New York. The Foundation did not pay any consideration in this transaction. Instead, it received cash and other assets and assumed certain operating obligations. There were no acquisitions during the year ended June 30, 2020. The net of any assets and liabilities received during the year ended June 30, 2019 is summarized below [at a "Contribution received in acquisitions" amount of $193,336]..." |