Parkinson Study Group INC FY2021 filing

Tax-deductible

East Boston, MA501(c)(3)Diseases & DisordersEIN 46-5749468Revenue $380K in FY2021

On file with the IRSparkinson-study-group.org2 Neptune Rd Pmb 420, 02128-1457 · East Boston, MATax-exempt since Dec 2018Publicly supported charity — 170(b)(1)(A)(vi)

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501(c)(3) charity; gifts are tax-deductible.
72¢ of each $1 spent went to programs.
$44K paid to officers and key staff.
Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $113K a year · 13% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
72%
of spending
Fine: 72% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$44K
to officers and key staff · 11% of spending
Looks good: pay to officers and key staff is 11% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
21 mo
of spending, in cash
Looks good: 21.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $320K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$23K
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 10 voting members
Looks good: 9 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$380K
+0.6% vs prior year
Spent
$390K
To programs
72%
Net assets
$667K
By yearFY2020–FY2025
Revenue
$380K
FY2021▲ +0.6%
Tap a bar for its year
Revenue by fiscal year
FY2020$378K
FY2021$380K
FY2022$899K
FY2023$721K
FY2024$966K
FY2025$1.8M
Expenses
$390K
FY2021▲ +25%
Tap a bar for its year
Expenses by fiscal year
FY2020$312K
FY2021$390K
FY2022$481K
FY2023$676K
FY2024$999K
FY2025$1.6M
Net assets
$667K
FY2021▲ +110%
Tap a bar for its year
Net assets by fiscal year
FY2020$318K
FY2021$667K
FY2022$1.1M
FY2023$1.1M
FY2024$1.1M
FY2025$1.3M

From the FY2021 Form 990 (year ending September 2021) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Exemption reinstated (2017-02-15). Per the IRS revocation list. Latest filing on record: FY2025. IRS ruling in Dec 2018.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

72 cents of each dollar spent went to programs.

Program services 72% · $280K Management & general 27% · $105K Fundraising 3% · $10K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

20 people listed on the 990; $44K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$8,100Pt VII · Sec A
$8,100Pt VII · Sec A
Board Member
$5,057Pt VII · Sec A
Board Member
$5,057Pt VII · Sec A
$3,000Pt VII · Sec A
Board Member
$3,000Pt VII · Sec A
Board Member
$3,000Pt VII · Sec A
$3,000Pt VII · Sec A

Sarah Sperling’s $89K as Executive Director is at the 17th percentile of top reported officer pay among 734 $1–10M diseases & disorders nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2023FY2022FY2021FY2020
Sarah Sperling$89,317$91,983——
Hubert Fernandez$27,370$7,807$8,100$11,500
Michael Schwarzchild$21,059$11,715$3,000$3,000
Andrew Siderowf$18,520$4,983——
Eric Macklin—$12,938——
David Simon——$5,057$8,712
Tanya Simuni$7,000$4,750——
Grace Bwala$5,750———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Parkinson Study Group INC is a disease and medical nonprofit based in East Boston, MA.

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Provided by the organization

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2 programs · $558K · in their own filed words · FY2020
01

Facilitated the expansion and diversification of PD trials and targeted indications, including: trials for non-motor symptomatic indications, industry-sponsored trials, and investigator-initiated programs. Developed collaborations with groups such as the parkinsons foundation, pair program, NIH/NINDS, and the world parkinson congress.

$280Kprogram expense
02

Facilitated the expansion and diversification of PD trials and targeted indications, including: trials for non-motor symptomatic indications, industry-sponsored trials, and investigator-initiated programs. Developed collaborations with groups such as the parkinsons foundation, pair program, NIH/NINDS, and the world parkinson congress.

$278Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$320K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$380K
Ln 12
Fees for servicesLn 2g$380K
Gifts and grantsLn 1h$150
Money outPt IX
$390K
Ln 25
Programscol B$280K
Managementcol C$105K
Fundraisingcol D$10K
Owns and owesPt X
$667K
net assets · Ln 32
Cash and savingsLn 1–2$685K
Total assetsLn 16$690K
LiabilitiesLn 26$23K
PeoplePt VI, VII
20
listed · VII A
PaidVII A10
Voting boardVI 1a10
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$150
Fees for servicesLn 2g$380K
Total revenueLn 12$380K
Assets in detailPt X, end of year
Cash and savings togetherLn 1–2$685K
Total assetsLn 16$690K
LiabilitiesLn 26$23K
Net assetsLn 32$667K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.8M$1.6M$191K$1.3M 990 PDF
FY2024 $966K$999K−$32K$1.1M 990 PDF
FY2023 $721K$676K$45K$1.1M 990 PDF
FY2022 $899K$481K$418K$1.1M 990 PDF
FY2021 Viewing $380K$390K−$10K$667K 990 PDF
FY2020 $378K$312K$66K$318K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (1 part)
Part VI · Governance 9 of 10 board members independent, 2 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members9
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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