PARKINSON STUDY GROUP INC: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
PARKINSON STUDY GROUP INC (EIN 46-5749468)
Tax period
2019-10-01 to 2020-09-30
Filed
2021-08-14
IRS object ID
202142269349300509
Schema version
2019v5.1
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)
Return2021-08-14T11:39:23-04:00ReturnTs
Tax Period End2020-09-30TaxPeriodEndDt

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 Begin2019-10-01TaxPeriodBeginDt

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 STREETAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02129ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMICHAEL SCHWARZCHILD MD PHDPersonNm
Person TitleCHAIRPersonTitleTxt
Phone8778295500PhoneNum
Signature2021-08-10SignatureDt
Discuss With Paid PreparerfalseDiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonErick LansPreparerPersonNm
PTINP01614300PTIN
Phone8577062555PhoneNum
Preparation2021-08-14PreparationDt
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMICHAEL SCHWARZCHILD MD PHDPrincipalOfficerNm
Gross Receipts$377,700GrossReceiptsAmt
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
CY Contributions Grants$50CYContributionsGrantsAmt
PY Program Service Revenue$307,019PYProgramServiceRevenueAmt
CY Program Service Revenue$377,650CYProgramServiceRevenueAmt
CY Investment Income$0CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$307,019PYTotalRevenueAmt
CY Total Revenue$377,700CYTotalRevenueAmt
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$14,725CYTotalFundraisingExpenseAmt
PY Other Expenses$467,924PYOtherExpensesAmt
CY Other Expenses$311,600CYOtherExpensesAmt
PY Total Expenses$467,924PYTotalExpensesAmt
CY Total Expenses$311,600CYTotalExpensesAmt
PY Revenues Less Expenses-$160,905PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$66,100CYRevenuesLessExpensesAmt
Total Assets BOY$307,019TotalAssetsBOYAmt
Total Assets EOY$560,068TotalAssetsEOYAmt
Total Liabilities EOY$242,116TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$307,019NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$317,952NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionSEE SCHEDULE OMissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$213,530ExpenseAmt
Revenue$377,650RevenueAmt
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.Desc
Total Program Service Expenses$213,530TotalProgramServiceExpensesAmt
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 Document19IRPDocumentCnt
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
MICHAEL SCHWARZCHILD
CHAIR6.000.00Yes (X)Yes (X)$3,000$0$0
HUBERT FERNANDEZ
CO-CHAIR6.000.00Yes (X)Yes (X)$11,500$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
MARIE SAINT-HILAIRE
BOARD MEMBER6.000.00Yes (X)$0$0$0
KAREN WILLIAMS
BOARD MEMBER6.000.00Yes (X)$0$0$0
PETER LEWITT
BOARD MEMBER6.000.00Yes (X)$0$0$0
KELVIN CHOU
BOARD MEMBER6.000.00Yes (X)$0$0$0
DAVID SIMON
BOARD MEMBER6.000.00Yes (X)$8,712$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$23,212TotalReportableCompFromOrgAmt
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$50AllOtherContributionsAmt
Total Contributions$50TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescPROJECT INCOMEDesc
Business541700BusinessCd
Total Revenue Column$377,650TotalRevenueColumnAmt
Related Or Exempt Func Income$377,650RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$377,650TotalProgramServiceRevenueAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$377,700TotalRevenueColumnAmt
Related Or Exempt Func Income$377,650RelatedOrExemptFuncIncomeAmt
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$9,500TotalAmt
Management And General$9,500ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$266,695TotalAmt
Program Services$189,460ProgramServicesAmt
Management And General$64,731ManagementAndGeneralAmt
Fundraising$12,504FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$3,361TotalAmt
Management And General$3,361ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$24,070TotalAmt
Program Services$24,070ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
CERTIFICATIONS$2,031$2,031
DONOR GIFTS$1,948$1,948
NEWSLETTER & PUBLISHING$1,767$1,494$273
OTHER BUSINESS EXPENSES$2,228$2,228

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$311,600TotalAmt
Program Services$213,530ProgramServicesAmt
Management And General$83,345ManagementAndGeneralAmt
Fundraising$14,725FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$303,122BOYAmt
EOY$486,365EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
EOY$73,703EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$3,897BOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$307,019BOYAmt
EOY$560,068EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
EOY$89,601EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
EOY$152,515EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$242,116EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$307,019BOYAmt
EOY$165,437EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
EOY$152,515EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$307,019BOYAmt
EOY$317,952EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$307,019BOYAmt
EOY$560,068EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$66,100ReconcilationRevenueExpnssAmt
Prior Period Adjustments-$55,167PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
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$377,700CurrentTaxYearAmt
Total$377,700TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year$377,700CurrentTaxYearAmt
Total$377,700TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$377,700PublicSupportTotal509Amt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year$377,700CurrentTaxYearAmt
Total$377,700TotalAmt
FieldValueIRS element (for citing)
First5 Years509Yes (X)First5Years509Ind

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (11 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
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.
Other or change in accounting method Part XII line 1FORM 990, PART XII, LINE 1:PSG HAD A CHANGE OF ACCOUNTING METHOD FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2020. IN THE PRIOR YEAR THE ORGANIZATION USED THE MODIFIED CASH BASIS METHOD OF ACCOUNTING. THE ORGANIZATION CHANGED TO THE ACCRUAL BASIS METHOD OF ACCOUNTING FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2020 AND SUBSEQUENT YEARS. THE CHANGE WAS MADE TO BE IN COMPLIANCE AND CONFORMITY WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. THIS METHOD OF ACCOUNTING PROPERLY PRESENTS THE FINANCIAL ACTIVITY AND POSITION OF THE ORGANIZATION. A SEPARATE NOTE CONCERNING A PRIOR PERIOD ADJUSTMENT TO NET ASSETS DUE TO THE CHANGE IN ACCOUNTING METHOD TO THE ACCRUAL METHOD IS PROVIDED FOR PART XI, PROVIDING FURTHER DETAIL REGARDING THE FINANCIAL IMPACT OF THE CHANGE.
List of other fees for services expenses Part IX line 11gFORM 990, PART IX, LINE 11G:PROGRAM SERVICE EXPENSES- PROGRAM SUPPORT PAID TO UOR - 62,521- STIPENDS - 106,939- CONSULTING SERVICES - 20,000TOTAL OTHER PROGRAM SERVICE EXPENSES - 189,460MANAGEMENT GENERAL & ADMINISTRATIVE- PROGRAM SUPPORT PAID TO UOR - 50,016- ADMINISTRATIVE SUPPORT - 14,715TOTAL OTHER MANAGEMENT GENERAL & ADMINISTRATIVE - 64,731FUNDRAISING- PROGRAM SUPPORT PAID TO UOR - 12,504TOTAL OTHER FUNDRAISING - 12,504 TOTAL OTHER FEES FOR SERVICES ON FORM 990, PART IX, LINE 11G, COL A - 266,695
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.
Part XI response or note to any line in Part XIFORM 990, PART XI, LINE 8:DURING FISCAL YEAR ENDED ON SEPTEMBER 30, 2019 PSG HAD LIABILITIES THAT WERE NOT RECORDED DUE TO THE BOOKS BEING KEPT AND REPORTING MADE IN MODIFIED CASH-BASIS ACCOUNTING. THE RESULT WAS AN OVERSTATEMENT IN NET ASSETS FOR THAT FISCAL YEAR END. DUE TO TRANSITION TO ACCRUAL METHOD OF ACCOUNTING IN FISCAL YEAR ENDED ON SEPTEMBER 30, 2020, A PRIOR PERIOD ADJUSTMENT IS MADE TO THE CURRENT FISCAL YEAR END BEGINNING NET ASSET BALANCE REPRESENTING THE LIABILITIES THAT WERE ACCRUED AS OF THE END OF THE PRIOR FISCAL YEAR ENDED SEPTEMBER 30, 2019.

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