Parkinson Association Of The Carolinas
- Assets
- $2.1m
- Revenue
- $268.1k
- Investments
- $0.0
- Employees
- 3
- Location
- Charlotte, NC
- Founding
- 04/2002
- Data as of
- 06/2021
- EIN
- 30-0064156
Organization Overview
Parkinson Association Of The Carolinas is located in Charlotte, NC. The organization was established in 2002. According to its NTEE Classification (H20) the organization is classified as: Birth Defects & Genetic Diseases Research, under the broad grouping of Medical Research and related organizations. As of 06/2021, Parkinson Association Of The Carolinas employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Parkinson Association Of The Carolinas is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Parkinson Association Of The Carolinas generated $268.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.9% each year. All expenses for the organization totaled $286.0k during the year ending 06/2021. While expenses have increased by 3.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SERVE AS A RESOURCE FOR INDIVIDUALS AND THEIR FAMILIES AFFECTED BY PARKINSONS DISEASE IN THE CAROLINAS, THROUGH EDUCATION, COMMUNITY OUTREACH AND DIRECT SUPPORT. WE ACTIVELY SEEK OPPORTUNITIES TO CONNECT INDIVIDUALS WITH PARKINSONS DISEASE AND THEIR FAMILIES TO SUPPORT GROUPS, PROFESSIONAL AGENCIES AND OTHER COMMUNITY RESOURCES SO THAT WILL HELP THEM MAINTAIN OR IMPROVE THEIR INDEPENDENCE AND QUALITY OF LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PARKINSONS ASSOCIATION OF THE CAROLINAS (PAC) FULFILLS IT MISSION AS A RESOURCE CENTER IN THE CAROLINAS BY PROVIDING PEOPLE WITH A NUMBER OF WAYS TO ACCESS INFORMATION. TO INITIATE A LIVE CONVERSATION WITH A STAFF MEMBER, PEOPLE CAN DIAL A TOLL-FREE NUMBER FOR INFORMATION ON PARKINSON'S DISEASE (PD) AND WAYS TO COPE WITH THIS PROGRESSIVE NEUROLOGICAL DISEASE. MANY OF THE CALLERS ARE DIRECTED TO SUPPORT GROUPS CLOSEST TO THEIR HOMES. IT IS THROUGH SUPPORT GROUPS WHERE PEOPLE GATHER THE MOST INFORMATION AND WHERE THEY CAN OFFER AND RECEIVE SUPPORT FROM OTHERS WHO UNDERSTAND FIRSTHAND ABOUT THE CHALLENGES THEY FACE. PAC'S MONTHLY NEWSLETTER PROVIDES SUPPORT GROUP MEETING INFORMATION INCLUDING LOCATION AND TIME, CURRENT TOPIC, AND SUPPORT GROUP LEADER CONTACT INFORMATION. THE NEWSLETTER ALSO FEATURES ARTICLES ABOUT UPCOMING EDUCATIONAL AND AWARENESS EVENTS AND INFORMATION ABOUT PD. PAC MAINTAINS A LIBRARY OF READING AND AUDIO-VISUAL MATERIAL AVAILABLE FOR MEMBERS AND FOR NEWLY DIAGNOSED PATIENTS AND FAMILY MEMBERS. THE AGENCY HOSTS EDUCATIONAL SYMPOSIUMS TO PROVIDE INFORMATION ABOUT CURRENT RESEARCH AND TREATMENT OPTIONS AND PARTICIPATES IN COMMUNITY HEALTH FAIRS AND AWARENESS EVENTS THROUGHOUT THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ann Marie Obrikat Executive Dir. | Officer | 50 | $67,375 |
Mike Rosenthal Chair | OfficerTrustee | 2 | $0 |
Eileen Keogh Secretary | OfficerTrustee | 2 | $0 |
George Schaeffer Treasurer | OfficerTrustee | 2 | $0 |
Robert Mcmillan Vice Chair | OfficerTrustee | 2 | $0 |
Seth Zamek Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $65,900 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $205,027 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $270,927 |
| Total Program Service Revenue | $0 |
| Investment income | $88 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$2,951 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $268,064 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $70,744 |
| Compensation of current officers, directors, key employees. | $7,074 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $102,338 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,909 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $14,128 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,816 |
| Travel | $787 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,866 |
| All other expenses | $0 |
| Total functional expenses | $286,005 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $266,846 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,836,052 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,450 |
| Total assets | $2,104,348 |
| Accounts payable and accrued expenses | $37,354 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $37,354 |
| Net assets without donor restrictions | $2,066,994 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,104,348 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Parkinson Association Of The Carolinas has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
James Family Foundation Inc Charlotte, NC PURPOSE: SUPPORT PROGRAMMING IN SUPPORT OF PEOPLE COPING WITH PARKINSON'S DISEASE | $5,000 |
Endowment Analysis
| Beg. Balance | $498,510 |
| Earnings | $14,290 |
| Admin Expense | $5,743 |
| Net Contributions | $1,500 |
| Grants | $38,241 |
| Ending Balance | $470,316 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Greenwood Genetic Center Inc Greenwood, SC | $23,474,506 | $25,247,880 |
Community Health Interventions And Sickle Cell Agency Inc Fayetteville, NC | $519,573 | $2,014,356 |
Spinal Research Foundation Reston, VA | $4,971,083 | $1,609,882 |
National Fragile X Foundation Mclean, VA | $1,539,237 | $1,652,718 |
Rilite Foundation Charlottesville, VA | $256,412 | $479,471 |
Parkinson Association Of The Carolinas Charlotte, NC | $2,104,348 | $268,064 |
Drake Rayden Foundation Greer, SC | $28,805 | $0 |
Concessions For Christ Inc Cedartown, GA | $8,933 | $0 |
International Neurosurgery Education And Research Foundation Raleigh, NC | $274,447 | $152,970 |
Pediatric Research And Advocacy Initiative Onley, VA | $131,920 | $12,255 |
Advance The Cure Knoxville, TN | $24,902 | $0 |
Clara Inspired Midlothian, VA | $44,408 | $33,330 |