Parkinson Study Group INC FY2024 filing

Tax-deductible

East Boston, MA501(c)(3)Diseases & DisordersEIN 46-5749468Revenue $966K in FY2024

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.
74¢ of each $1 spent went to programs.
Status: IRS Pub. 78 · Programs: Part IX

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FY2024 · 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
74%
of spending
Fine: 74% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Cash reserves
11 mo
of spending, in cash
Looks good: 10.7 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
$68K
6% of total assets
Looks good: liabilities are 6% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 12 voting members
Looks good: 10 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$966K
+34% vs prior year
Spent
$999K
To programs
74%
Net assets
$1.1M
By yearFY2020–FY2025
Revenue
$966K
FY2024▲ +34%
Tap a bar for its year
Revenue by fiscal year
FY2020$378K
FY2021$380K
FY2022$899K
FY2023$721K
FY2024$966K
FY2025$1.8M
Expenses
$999K
FY2024▲ +48%
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
$1.1M
FY2024▼ -3%
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 FY2024 Form 990 (year ending September 2024) · figures checked against the IRS filing · see the original

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You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

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

74 cents of each dollar spent went to programs.

Program services 74% · $744K Management & general 26% · $255K

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

5 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Executive Director
$0Pt 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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1 program · $744K · in their own filed words · FY2023
01

The Entity facilitated the expansion and diversification of Parkinsons Disease (PD) trials and targeted indications, including trials for non-motor symptomatic indications, industry-sponsored trials, and investigator-initiated programs.

$744Kprogram 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 FY2024 990, line by line.

1The main four
Money inPt VIII
$966K
Ln 12
Fees for servicesLn 2g$610K
Gifts and grantsLn 1h$356K
Money outPt IX
$999K
Ln 25
Programscol B$744K
Managementcol C$255K
Owns and owesPt X
$1.1M
net assets · Ln 32
Cash and savingsLn 1–2$888K
Total assetsLn 16$1.2M
LiabilitiesLn 26$68K
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a12
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$356K
Government grantsLn 1e$111K
Fees for servicesLn 2g$610K
Total revenueLn 12$966K
Assets in detailPt X, end of year
CashLn 1$888K
Cash and savings togetherLn 1–2$888K
Total assetsLn 16$1.2M
LiabilitiesLn 26$68K
Net assetsLn 32$1.1M
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$1.1M$888K
Total assetsLn 16$1.2M$1.2M
LiabilitiesLn 26$96K$68K
Net assetsLn 32$1.1M$1.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of disqualified personsLn 6$88K$88K
Other salaries and wagesLn 7$116K$116K
Pension plan contributionsLn 8$7K$7K
Payroll taxesLn 10$10K$10K
Management feesLn 11a$196K$196K
Accounting feesLn 11c$36K$36K
Other fees for servicesLn 11g$16K$13K$3K
Advertising and promotionLn 12$28K$28K
Office expensesLn 13$9K$9K
Information technologyLn 14$35K$35K
OccupancyLn 16$1K$1K
Conferences, conventions and meetingsLn 19$447K$447K
InsuranceLn 23$4K$4K
Other expenses (24a–d)Ln 24$5K$5K
All other expensesLn 24e$2K$2K
Total functional expensesLn 25$999K$744K$255K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.8M$1.6M$191K$1.3M 990 PDF
FY2024 Viewing $966K$999K−$32K$1.1M 990 PDF
FY2023 $721K$676K$45K$1.1M 990 PDF
FY2022 $899K$481K$418K$1.1M 990 PDF
FY2021 $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 FY2024 990 (6 parts)
Part I · Summary $966,157 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $117,091$356,478
I-9 Program service revenuePrior year $603,972$609,679
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $721,063$966,157
I-13 Grants and similar amounts paidPrior year $75,533$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $193,426$221,161
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $406,685$777,424
I-18 Total expensesPrior year $675,644$998,585
I-19 Revenue less expensesPrior year $45,419−$32,428
Part VI · Governance 10 of 12 board members independent, 2 to look at
VI-1a Voting members of the governing body12
VI-1b Independent voting members10
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
Part VIII · Statement of revenue $966,157 across 5 lines filed
VIII-1e Government grants$111,478
VIII-1f All other contributions, gifts and grants$245,000
VIII-1h Total contributions, gifts and grants$356,478
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $609,679$609,679
VIII-12 Total revenueRelated to mission $609,679 · Unrelated business $0 · Excluded from tax $0$966,157
Part IX · Statement of functional expenses $998,585 across 15 lines filed
IX-6 Pay of disqualified personsPrograms $88,323$88,323
IX-7 Other salaries and wagesManagement $115,833$115,833
IX-8 Pension plan contributionsManagement $6,950$6,950
IX-10 Payroll taxesManagement $10,055$10,055
IX-11a Management feesPrograms $195,634$195,634
IX-11c Accounting feesManagement $35,650$35,650
IX-11g Other fees for servicesPrograms $13,100 · Management $2,581$15,681
IX-12 Advertising and promotionManagement $28,098$28,098
IX-13 Office expensesManagement $9,078$9,078
IX-14 Information technologyManagement $35,050$35,050
IX-16 OccupancyManagement $1,056$1,056
IX-19 Conferences, conventions and meetingsPrograms $446,642$446,642
IX-23 InsuranceManagement $3,722$3,722
IX-24 Other expenses (24a–d)Management $5,177$5,177
IX-24e All other expensesManagement $1,636$1,636
IX-25 Total functional expensesPrograms $743,699 · Management $254,886 · Fundraising $0$998,585
Part X · Balance sheet $1,166,834 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $1,132,108$888,175
X-4 Accounts receivableStart of year $95,122$278,659
X-16 Total assetsStart of year $1,227,230$1,166,834
X-17 Accounts payable and accrued expensesStart of year $84,414$19,543
X-25 Other liabilitiesStart of year $11,497$48,400
X-26 Total liabilitiesStart of year $95,911$67,943
X-27 Net assets without donor restrictionsStart of year $1,131,319$1,098,891
X-32 Total net assets or fund balancesStart of year $1,131,319$1,098,891
X-33 Total liabilities and net assetsStart of year $1,227,230$1,166,834
Part XI · Reconciliation of net assets $1,098,891 net assets at year end
XI-1 Total revenue$966,157
XI-2 Total expenses$998,585
XI-3 Revenue less expenses−$32,428
XI-4 Net assets at start of year$1,131,319
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,098,891

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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