MICHIGAN PARKINSON FOUNDATION
Mission Statement
We strive to educate and provide direct patient support to: those affected by Parkinson’s disease and related movement disorders; their loved ones and care partners; the physicians and other health professionals who diagnose and treat individuals with the disease. We ensure that everyone with Parkinson’s or a related disorder has access to responsive, compassionate, and quality care. We are committed to fostering awareness and creating a supportive community so that those with Parkinson’s disease never feel alone. We encourage people to get involved through educational programs, movement activities, and events.
Financial Overview — FY 2024
Compared with Peers
FY 2024| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
73.9% | 82.3% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
15.2% | 11.5% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
10.9% | 2.8% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
35.8% | 110.9% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
41.5 mo | 11.4 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
5.1% | 12.7% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
71.2% | 91.5% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
27.3% | 9.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
6.4% | 8.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
28.5% | 2.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $2.0M | $1.4M | $5.0M | 73.9% | 10 |
| 2023 | $1.6M | $1.3M | $4.3M | 75.2% | 8 |
| 2022 | $2.1M | $1.0M | $3.9M | 72.5% | 8 |
| 2021 | $1.2M | $871K | N/A | — | 6 |
Donor Reviews
Write a ReviewBe the first to share your experience with this organization.