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PARKINSON STUDY GROUP INC: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
PARKINSON STUDY GROUP INC (EIN 46-5749468)
Tax period
2020-10-01 to 2021-09-30
Filed
2023-01-30
IRS object ID
202310309349300746
Schema version
2020v4.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2023-01-30T14:47:18-05:00ReturnTs
Tax Period End2021-09-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN824222360PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Veritas Tax Business & ConsultingBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1810 Memorial Drive Ste 103AddressLine1Txt
CityCambridgeCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02139ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-10-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN465749468EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PARKINSON STUDY GROUP INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlPARKBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1114 16TH STREET STE 3002AddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02129ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMICHAEL SCHWARZCHILD MD PHDPersonNm
Person TitleCHAIRPersonTitleTxt
Phone8778295500PhoneNum
Signature2022-01-30SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstMICHAELPersonFirstNm
Person LastSCHWARZCHILDPersonLastNm

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonErick LansPreparerPersonNm
PTINP01614300PTIN
Phone8577062555PhoneNum
Preparation2023-01-30PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer0TrustedCustomerCd
OOB Security Verification00OOBSecurityVerificationCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2023-03-07 01:45:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Amended ReturnYes (X)AmendedReturnInd
Principal OfficerMICHAEL SCHWARZCHILD MD PHDPrincipalOfficerNm
Gross Receipts$438,859GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.PARKINSON-STUDY-GROUP.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1986FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionSEE SCHEDULE OActivityOrMissionDesc
Voting Members Governing Body10VotingMembersGoverningBodyCnt
Voting Members Independent9VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$50PYContributionsGrantsAmt
CY Contributions Grants$150CYContributionsGrantsAmt
PY Program Service Revenue$377,650PYProgramServiceRevenueAmt
CY Program Service Revenue$438,709CYProgramServiceRevenueAmt
CY Investment Income$0CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$377,700PYTotalRevenueAmt
CY Total Revenue$438,859CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$245CYTotalFundraisingExpenseAmt
PY Other Expenses$311,600PYOtherExpensesAmt
CY Other Expenses$383,721CYOtherExpensesAmt
PY Total Expenses$311,600PYTotalExpensesAmt
CY Total Expenses$383,721CYTotalExpensesAmt
PY Revenues Less Expenses$66,100PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$55,138CYRevenuesLessExpensesAmt
Total Assets BOY$560,068TotalAssetsBOYAmt
Total Assets EOY$748,952TotalAssetsEOYAmt
Total Liabilities BOY$242,116TotalLiabilitiesBOYAmt
Total Liabilities EOY$25,862TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$317,952NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$723,090NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionSEE SCHEDULE OMissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$278,135ExpenseAmt
Revenue$438,709RevenueAmt
DescFACILITATED 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. PROVIDED MENTORED CLINICAL RESEARCH AWARD TO SUPPORT NEW INVESTIGATORS IN A ONE-YEAR PROJECT IN PATIENT ORIENTED RESEARCH IN PARKINSONS DISEASE AND PARKINSONIAN DISORDERS. HELD ANNUAL SYMPOSIUM GATHERING TOGETHER RESEARCHERS TO DISCUSS RESEARCH AND DEVELOPMENTS IN THE FIELD.Desc
Total Program Service Expenses$278,135TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document21IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Form8899 FiledindfalseForm8899Filedind
Form1098 C FiledfalseForm1098CFiledInd
DAF Excess Business HoldingsfalseDAFExcessBusinessHoldingsInd
Taxable DistributionsfalseTaxableDistributionsInd
Distribution To DonorfalseDistributionToDonorInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members10GoverningBodyVotingMembersCnt
Independent Voting Member9IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersYes (true)MembersOrStockholdersInd
Election Of Board MembersYes (true)ElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonCINDY WANPersonNm
Phone8778295500PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1114 16TH STREET ROOM 3002AddressLine1Txt
CityCharlestownCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02129ZIPCd
FieldValueIRS element (for citing)
Info In Schedule O Part VIIYes (X)InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
HUBERT FERNANDEZ
CO-CHAIR6.000.00Yes (X)Yes (X)$8,100$0$0
DAVID SIMON
BOARD MEMBER6.000.00Yes (X)$5,057$0$0
PETER LEWITT
BOARD MEMBER6.000.00Yes (X)$3,000$0$0
MARIE SAINT-HILAIRE
BOARD MEMBER6.000.00Yes (X)$3,000$0$0
MICHAEL SCHWARZCHILD
CHAIR6.000.00Yes (X)Yes (X)$3,000$0$0
KELVIN CHOU
BOARD MEMBER6.000.00Yes (X)$0$0$0
KAREN WILLIAMS
BOARD MEMBER6.000.00Yes (X)$0$0$0
CINDY CASACELI
BOARD MEMBER6.000.00Yes (X)$0$0$0
ERIC MACKLIN
BOARD MEMBER6.000.00Yes (X)$0$0$0
BRAD RACETTE
BOARD MEMBER6.000.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$22,157TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$150AllOtherContributionsAmt
Total Contributions$150TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
PROJECT INCOME541700$296,194$296,194
SYMPOSIUM SPONSORSHIP541900$142,515$142,515
FieldValueIRS element (for citing)
Total Program Service Revenue$438,709TotalProgramServiceRevenueAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$438,859TotalRevenueColumnAmt
Related Or Exempt Func Income$438,709RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$5,325TotalAmt
Management And General$5,325ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$316,173TotalAmt
Program Services$240,815ProgramServicesAmt
Management And General$75,358ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$7,393TotalAmt
Management And General$7,393ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$34,095TotalAmt
Program Services$34,095ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,389TotalAmt
Management And General$1,389ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
ACCREDITATION$3,225$3,225
MEMBERSHIP$5,990$5,990
SUPPLIES$7,328$7,328
OTHER BUSINESS EXPENSES$2,803$2,558$245

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$383,721TotalAmt
Program Services$278,135ProgramServicesAmt
Management And General$105,341ManagementAndGeneralAmt
Fundraising$245FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$486,365BOYAmt
EOY$685,115EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$73,703BOYAmt
EOY$58,837EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
EOY$5,000EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$560,068BOYAmt
EOY$748,952EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$89,601BOYAmt
EOY$25,862EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$152,515BOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$242,116BOYAmt
EOY$25,862EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$165,437BOYAmt
EOY$723,090EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$152,515BOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$317,952BOYAmt
EOY$723,090EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$560,068BOYAmt
EOY$748,952EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$55,138ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$350,000OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewYes (true)AccountantCompileOrReviewInd

Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
FS AuditedfalseFSAuditedInd
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$377,700CurrentTaxYearMinus1YearAmt
Current Tax Year$438,859CurrentTaxYearAmt
Total$816,559TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$377,700CurrentTaxYearMinus1YearAmt
Current Tax Year$438,859CurrentTaxYearAmt
Total$816,559TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$816,559PublicSupportTotal509Amt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$377,700CurrentTaxYearMinus1YearAmt
Current Tax Year$438,859CurrentTaxYearAmt
Total$816,559TotalAmt
FieldValueIRS element (for citing)
Public Support CY5091.00000PublicSupportCY509Pct
Public Support PY5090.00000PublicSupportPY509Pct
Investment Income CY0.00000InvestmentIncomeCYPct
Investment Income PY0.00000InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (11 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Amended return informationPART I LINE 8 - PROGRAM SERVICE REVENUE:A REVIEW COMPLETED OF FINANCIAL STATEMENTS SUBSEQUENT TO ORIGINAL FILING RESULTING IN CORRECTION TO REPORTING OF REVENUE ON THE AMENDED RETURN. THE ORIGINAL FILING REPORTED $379,872, WHILE THE AMENDED FILING REPORTS THE CORRECT TOTAL OF $438,709. PART I LINE 16B - TOTAL FUNDRAISING EXPENSES:A REVIEW COMPLETED OF FINANCIAL STATEMENTS SUBSEQUENT TO ORIGINAL FILING RESULTING IN CORRECTION TO REPORTING OF TOTAL FUNDRAISING EXPENSES ON THE AMENDED RETURN. THE ORIGINAL FILING REPORTED $10,403, WHILE THE AMENDED FILING REPORTS THE CORRECT TOTAL OF $245. PART I LINE 17 - OTHER EXPENSES:A REVIEW COMPLETED OF FINANCIAL STATEMENTS SUBSEQUENT TO ORIGINAL FILING RESULTING IN CORRECTION TO REPORTING OF OTHER EXPENSES ON THE AMENDED RETURN. THE ORIGINAL FILING REPORTED $389,635, WHILE THE AMENDED FILING REPORTS THE CORRECT TOTAL OF $383,721. PART I LINE 20 - TOTAL ASSETS:A REVIEW COMPLETED OF FINANCIAL STATEMENTS SUBSEQUENT TO ORIGINAL FILING RESULTING IN CORRECTION TO REPORTING OF TOTAL ASSETS ON THE AMENDED RETURN. THE ORIGINAL FILING REPORTED $690,115, WHILE THE AMENDED FILING REPORTS THE CORRECT TOTAL OF $748,952. PART I LINE 20 - TOTAL LIABILITIES:A REVIEW COMPLETED OF FINANCIAL STATEMENTS SUBSEQUENT TO ORIGINAL FILING RESULTING IN CORRECTION TO REPORTING OF TOTAL LIABILITIES ON THE AMENDED RETURN. THE ORIGINAL FILING REPORTED $22,627, WHILE THE AMENDED FILING REPORTS THE CORRECT TOTAL OF $25,862. PART III LINE 4A - STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS:A REVIEW COMPLETED OF FINANCIAL STATEMENTS SUBSEQUENT TO ORIGINAL FILING RESULTING IN CORRECTION TO REPORTING OF THE ORGANIZATIONS STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS ON THE AMENDED RETURN. THE ORIGINAL FILING REPORTED PROGRAM SERVICE REVENUE AND EXPENSES OF $379,872 AND $279,881 RESPECTIVELY, WHILE THE AMENDED FILING REPORTS THE CORRECT TOTALS OF $438,709 AND $278,135 RESPECTIVELY. PART VIII LINE 2 - PROGRAM SERVICE REVENUE:A REVIEW COMPLETED OF FINANCIAL STATEMENTS SUBSEQUENT TO ORIGINAL FILING RESULTING IN CORRECTION TO REPORTING OF PROGRAM SERVICE REVENUE ON THE AMENDED RETURN. THE ORIGINAL FILING REPORTED $379,872. THE AMENDED FILING CORRECTS THE ORIGINAL REPORTING WITH THE CORRECT TOTAL OF $296,194 IN PROJECT INCOME AND $142,515 IN SYMPOSIUM SPONSORSHIP INCOME. PART IX LINE 11G - OTHER PROGRAM EXPENSES:A REVIEW COMPLETED OF FINANCIAL STATEMENTS SUBSEQUENT TO ORIGINAL FILING RESULTING IN CORRECTION TO REPORTING OF OTHER PROGRAM EXPENSES REPORTED ON THE AMENDED RETURN. THE ORIGINAL RETURN LISTED PROGRAM SERVICE EXPENSES OF $250,412, MNGT AND GENERAL EXPENSES OF $71,277, AND FUNDRAISING EXPENSE OF $10,403. THE AMENDED RETURN LISTS PROGRAM SERVICE EXPENSES OF $240,815 AND MNGT AND GENERAL EXPENSES OF $75,358. PART IX LINE 14 - INFORMATION TECHNOLOGY:A REVIEW COMPLETED OF FINANCIAL STATEMENTS SUBSEQUENT TO ORIGINAL FILING RESULTING IN CORRECTION TO REPORTING OF OTHER PROGRAM EXPENSES REPORTED ON THE AMENDED RETURN. THE ORIGINAL RETURN LISTED PROGRAM SERVICE EXPENSES OF $250,412, MNGT AND GENERAL EXPENSES OF $71,277, AND FUNDRAISING EXPENSE OF $10,403. THE AMENDED RETURN LISTS PROGRAM SERVICE EXPENSES OF $240,815 AND MNGT AND GENERAL EXPENSES OF $75,358. PART IX LINE 19 - CONFERENCES, CONVENTIONS, AND MEETINGS:A REVIEW COMPLETED OF FINANCIAL STATEMENTS SUBSEQUENT TO ORIGINAL FILING RESULTING IN CORRECTION TO REPORTING OF CONFERENCES, CONVENTIONS, AND MEETINGS EXPENSE REPORTED ON THE AMENDED RETURN. THE ORIGINAL RETURN LISTED PROGRAM SERVICE EXPENSES OF $26,244. THE AMENDED RETURN LISTS PROGRAM SERVICE EXPENSES OF $34,095. PART IX LINE 23 - INSURANCE:A REVIEW COMPLETED OF FINANCIAL STATEMENTS SUBSEQUENT TO ORIGINAL FILING RESULTING IN CORRECTION TO REPORTING OF INSURANCE EXPENSES. THE ORIGINAL RETURN LISTED MNGT AND GENERAL EXPENSES OF $0. THE AMENDED RETURN LISTS MNGT AND GENERAL EXPENSES OF $1,389. PART IX LINE 24 - OTHER EXPENSES:A REVIEW COMPLETED OF FINANCIAL STATEMENTS SUBSEQUENT TO ORIGINAL FILING RESULTING IN CORRECTION TO REPORTING OF OTHER EXPENSES REPORTED ON THE AMENDED RETURN. THE ORIGINAL RETURN LISTED MNGT AND GENERAL SUPPLIES EXPENSES OF $0. THE AMENDED RETURN CORRECTLY LISTS THESE EXPENSES AT $7,328. THE ORIGINAL RETURN ALSO LISTED MNGT AND GENERAL OTHER BUSINESS EXPENSES OF $7,922. THE AMENDED RETURN CORRECTLY LISTS $2,558 OF MNGT AND GENERAL OTHER BUSINESS EXPENSES AND $245 OF FUNDRAISING OTHER BUSINESS EXPENSES. THE AMENDED RETURN REMOVES THE REPORTING OF NEWSLETTER & PUBLISHING EXPENSES AS THESE WERE INCORRECTLY CHARACTERIZED ON THE ORIGINAL FILING. PART X LINE 4: ACCOUNTS RECEIVABLE, NET:A REVIEW COMPLETED OF FINANCIAL STATEMENTS SUBSEQUENT TO ORIGINAL FILING RESULTING IN CORRECTION TO REPORTING OF ACCOUNTS RECEIVABLE, NET REPORTED ON THE AMENDED RETURN. THE ORIGINAL FILING REPORTED $5,000, WHILE THE AMENDED RETURN CORRECTLY REPORTS $58,837. PART X LINE 9 - PREPAID EXPENSES AND DEFERRED CHARGES:A REVIEW COMPLETED OF FINANCIAL STATEMENTS SUBSEQUENT TO ORIGINAL FILING RESULTING IN CORRECTION TO REPORTING OF PREPAID EXPENSES REPORTED ON THE AMENDED RETURN. THE ORIGINAL RETURN REPORTED $0, WHILE THE AMENDED RETURN CORRECTLY REPORTS $5,000. PART X LINE 16 - TOTAL ASSETS:A REVIEW COMPLETED OF FINANCIAL STATEMENTS SUBSEQUENT TO ORIGINAL FILING RESULTING IN CORRECTION TO REPORTING OF TOTAL ASSETS REPORTED ON THE AMENDED RETURN. THE ORIGINAL RETURN REPORTED $690,115, WHILE THE AMENDED RETURN CORRECTLY REPORTS $748,952. PART X LINE 17 - ACCOUNTS PAYABLE AND ACCRUED EXPENSES:A REVIEW COMPLETED OF FINANCIAL STATEMENTS SUBSEQUENT TO ORIGINAL FILING RESULTING IN CORRECTION TO REPORTING OF ACCOUNTS PAYABLE AND ACCRUED EXPENSES AS REPORTED ON THE AMENDED RETURN. THE ORIGINAL RETURN REPORTED $13,477, WHILE THE AMENDED RETURN CORRECTLY REPORTS $25,862. PART X LINE 19 - DEFERRED REVENUE:A REVIEW COMPLETED OF FINANCIAL STATEMENTS SUBSEQUENT TO ORIGINAL FILING RESULTING IN CORRECTION TO REPORTING OF DEFERRED REVENUE REPORTED ON THE AMENDED RETURN. THE ORIGINAL RETURN REPORTED $9,150, WHILE THE AMENDED RETURN REPORTS $0. PART X LINE 26 - TOTAL LIABILITIES:A REVIEW COMPLETED OF FINANCIAL STATEMENTS SUBSEQUENT TO ORIGINAL FILING RESULTING IN CORRECTION TO REPORTING OF TOTAL LIABILITIES REPORTED ON THE AMENDED RETURN. THE ORIGINAL RETURN REPORTED $22,627, WHILE THE AMENDED RETURN CORRECTLY REPORTS $25,862. PART X LINE 27 - NET ASSETS WITHOUT DONOR RESTRICTIONS:A REVIEW COMPLETED OF FINANCIAL STATEMENTS SUBSEQUENT TO ORIGINAL FILING RESULTING IN CORRECTION TO REPORTING OF NET ASSETS WITHOUT DONOR RESTRICTIONS REPORTED ON THE AMENDED RETURN. THE ORIGINAL RETURN REPORTED $667,488, WHILE THE AMENDED RETURN CORRECTLY REPORTS $723,090. PART X LINE 32 - TOTAL ASSETS OR FUND BALANCES:A REVIEW COMPLETED OF FINANCIAL STATEMENTS SUBSEQUENT TO ORIGINAL FILING RESULTING IN CORRECTION TO REPORTING OF TOTAL NET ASSETS OR FUND BALANCES REPORTED ON THE AMENDED RETURN. THE ORIGINAL RETURN REPORTED $667,488, WHILE THE AMENDED RETURN CORRECTLY REPORTS $723,090. PART X LINE 33 - TOTAL LIABILITIES AND NET ASSETS/FUND BALANCES:A REVIEW COMPLETED OF FINANCIAL STATEMENTS SUBSEQUENT TO ORIGINAL FILING RESULTING IN CORRECTION TO REPORTING OF TOTAL LIABILITIES AND NET ASSETS/FUND BALANCES REPORTED ON THE AMENDED RETURN. THE ORIGINAL RETURN REPORTED $690,115, WHILE THE AMENDED RETURN CORRECTLY REPORTS $748,952. PART XI LINE 1 - TOTAL REVENUE:A REVIEW COMPLETED OF FINANCIAL STATEMENTS SUBSEQUENT TO ORIGINAL FILING RESULTING IN CORRECTION TO REPORTING OF TOTAL REVENUE REPORTED ON THE AMENDED RETURN. THE ORIGINAL RETURN REPORTED $380,022, WHILE THE AMENDED RETURN CORRECTLY REPORTS $438,859. PART XI LINE 2 - TOTAL EXPENSES:A REVIEW COMPLETED OF FINANCIAL STATEMENTS SUBSEQUENT TO ORIGINAL FILING RESULTING IN CORRECTION TO REPORTING OF TOTAL EXPENSES REPORTED ON THE AMENDED RETURN. THE ORIGINAL RETURN REPORTED $389,635, WHILE THE AMENDED RETURN CORRECTLY REPORTS $383,721. PART XI LINE 3 - REVENUE LESS EXPENSES:A REVIEW COMPLETED OF FINANCIAL STATEMENTS SUBSEQUENT TO ORIGINAL FILING RESULTING IN CORRECTION TO REPORTING OF REVENUE LESS EXPENSE REPORTED ON THE AMENDED RETURN. THE ORIGINAL RETURN REPORTS ($9,613), WHILE THE AMENDED RETURN CORRECTLY REPORTS $55,138. PART XI LINE 9: OTHER CHANGES IN NET ASSETS OR FUND BALANCES:A REVIEW COMPLETED OF FINANCIAL STATEMENTS SUBSEQUENT TO ORIGINAL FILING RESULTING IN CORRECTION TO REPORTING OF OTHER CHANGES IN NET ASSETS OR FUND BALANCES REPORTED ON THE AMENDED RETURN. THE REVIEW CORRECTLY ACCOUNTED FOR A TRANSFER OF REMAINING FUNDS HELD BY MASS GENERAL HOSPITAL TO THE PARKINSON STUDY GROUP. THE ORIGINAL RETURN REPORTED $359,149, WHILE THE AMENDED RETURN CORRECTLY REPORTS $350,000. PART XI LINE 10 - NET ASSETS OR FUND BALANCES AT END OF YEAR:A REVIEW COMPLETED OF FINANCIAL STATEMENTS SUBSEQUENT TO ORIGINAL FILING RESULTING IN CORRECTION TO REPORTING OF NET ASSETS OR FUND BALANCES AT END OF YEAR REPO
Members or stockholder classes and rights Part VI line 6FORM 990, PART VI, SECTION A LINE 6:THERE ARE TWO MEMBERSHIP CLASSES WITHIN THE ORGANIZATION CONSISTING OF VOTING MEMBERS AND ASSOCIATE MEMBERS.
Member election for additional members Part VI line 7aFORM 990, PART VI, SECTION A, LINE 7A:THE VOTING MEMBERS OF THE ORGANIZATION ELECT THE MEMBERS OF THE EXECUTIVE COMMITTEE AS TERM LIMITS EXPIRE.
Form 990 governing body review Part VI line 11FORM 990, PART VI, SECTION B, LINE 11B:EXECUTIVE COMMITTEE MEMBERS ARE PROVIDED A COPY OF FORM 990 AND A PRESENTATION IS MADE AT A COMMITTEE MEETING PRIOR TO SUBMISSION.
Conflict of interest policy compliance Part VI line 12cFORM 990, PART VI, SECTION B, LINE 12C:DISCLOSURE FORMS ARE REQUIRED TO BE COMPLETED BY EXECUTIVE COMMITTEE MEMBERS AND MEMBERS OF STANDING COMMITTEES AND WORKING GROUPS. THESE FORMS ARE UPDATED WHEN THERE IS A CHANGE IN THE STATUS OF A PSG MEMBER REGARDING A POTENTIAL CONFLICT OF INTEREST. DISCLOSURES ARE REVIEWED BY LEGAL COUNSEL AS NEEDED. THOSE DEEMED TO BE IN VIOLATION OR POTENTIAL VIOLATION ARE REVIEWED BY MEMBERS OF THE STANDARDS COMMITTEE. RECOMMENDATIONS AS TO THE MANAGEMENT OF THESE CONFLICTS ARE THEN FORWARDED BY THE CHAIR OF THE STANDARDS COMMITTEE TO THE EXECUTIVE COMMITTEE FOR ANY ACTION NECESSARY.
Form 990 availability to public Part VI line 18FORM 990, PART VI, SECTION C, LINE 18:COPIES OF FORM 990 AND THE ORGANIZATIONS FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC INSPECTION ONLINE WITH THE IRS AND THE MASSACHUSETTS ATTORNEY GENERAL.
Governing documents etc available to public Part VI line 19FORM 990, PART VI, SECTION C, LINE 19:COPIES OF GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE FOR PUBLIC INPECTION ONLINE AT THE PSG WEBSITE AND WITH THE MASSACHUSETTS ATTORNEY GENERAL.
Explanation of other changes in net assets or fund balances Part XI line 9ORGANIZATION RECEIVED REMAINING BALANCE OF FUNDS HELD BY MASS GENERAL HOSPITAL VIA BANK TRANSFER.
List of other fees for services expenses Part IX line 11gFORM 990, PART IX, LINE 11G:PROGRAM SERVICE EXPENSES- STIPENDS - 142,212- AWARDS - 75,000- MEDICAL EDITING SERVICE - 13,200- PROGRAM SUPPORT PAID TO UOR - 10,403TOTAL OTHER PROGRAM SERVICE EXPENSES - 240,815MANAGEMENT GENERAL & ADMINISTRATIVE- ADMINISTRATIVE SUPPORT - 75,358TOTAL OTHER MANAGEMENT GENERAL & ADMINISTRATIVE - 75,358TOTAL OTHER FEES FOR SERVICES ON FORM 990, PART IX, LINE 11G, COL A - 316,173
Part III response or note to any other line in Part IIIFORM 990, PART III, LINE 1:TO MAKE SUBSTANTIAL ADVANCES IN OUR UNDERSTANDING AND TREATMENT OF PARKINSONS DISEASE AND OTHER PARKINSONIAN DISORDERS; WORKING AS AN EFFICIENT, COLLABORATIVE NETWORK OF TALENTED CLINICIANS AND SCIENTISTS AND OPERATING UNDER A SUPPORTIVE AND PROACTIVE LEADERSHIP WITH BROAD BACKING FROM GOVERNMENT, INDUSTRY, FOUNDATION, AND PATIENT STAKE-HOLDERS IN THE PARKINSON COMMUNITY.
Part VII response or note to any other line in Part VIIFORM 990, PART VII, SECTION A:IN ACCORDANCE WITH IRS GUIDELINES REPORTABLE COMPENSATION INCLUDES COMPENSATION FOR INDEPENDENT CONTRACTOR SERVICES TO THE FILING ORGANIZATION.

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