Civic Intelligence

Parkinson Study Group Inc

990 • Fiscal year 2021 • EIN 46-5749468

Oct 01, 2020 to Sep 30, 2021 • Filed on Jan 30, 2022

114 16th Street Ste 3002Boston, MA 02129

(877) 829-5500

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

53rd percentile

0.03x

Higher debt load relative to assets than 53% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

58th percentile

0.06x

Higher debt load relative to revenue than 58% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

50th percentile

13%

Higher net margin than 50% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

55th percentile

$8,100

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

76th percentile

34%

Faster asset growth than 76% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

53rd percentile

16%

Faster revenue growth than 53% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Up

$748,952

Up $188,884 (+34%) from 2020

Net Assets

Up

$723,090

Up $405,138 (+127%) from 2020

Liabilities

Down

$25,862

Down $216,254 (-89%) from 2020

Revenue

Up

$438,859

Up $61,159 (+16%) from 2020

Expenses

Up

$383,721

Up $72,121 (+23%) from 2020

Net Income

Down

$55,138

Down $10,962 (-17%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2019: $307,019Liabilities 2019: $0Net Assets 2019: $307,0192019Assets 2020: $560,068Liabilities 2020: $242,116Net Assets 2020: $317,9522020Assets 2021: $748,952Liabilities 2021: $25,862Net Assets 2021: $723,0902021Assets 2022: $1,102,918Liabilities 2022: $17,733Net Assets 2022: $1,085,1852022Assets 2023: $1,227,230Liabilities 2023: $95,911Net Assets 2023: $1,131,3192023Assets 2024: $1,166,834Liabilities 2024: $67,943Net Assets 2024: $1,098,8912024Assets 2025: $1,411,276Liabilities 2025: $121,612Net Assets 2025: $1,289,6642025

Highlighted filing

2021

Assets$748,952
Liabilities$25,862
Net Assets$723,090

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.0M$0-$1.0MRevenue 2019: $224,943Expenses 2019: $467,924Net Income 2019: -$242,9812019Revenue 2020: $377,700Expenses 2020: $311,600Net Income 2020: $66,1002020Revenue 2021: $438,859Expenses 2021: $383,721Net Income 2021: $55,1382021Revenue 2022: $898,835Expenses 2022: $480,686Net Income 2022: $418,1492022Revenue 2023: $721,063Expenses 2023: $675,644Net Income 2023: $45,4192023Revenue 2024: $966,157Expenses 2024: $998,585Net Income 2024: -$32,4282024Revenue 2025: $1,837,674Expenses 2025: $1,646,901Net Income 2025: $190,7732025

Highlighted filing

2021

Revenue$438,859
Expenses$383,721
Net Income$55,138
Jump To
Filing Snapshot
Filing Period
Oct 1, 2020 to Sep 30, 2021
Signed
Jan 30, 2022
Return Version
2020v4.1
Gross Receipts
$438,859
Mission and Program Overview

Mission

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$486,365$685,115▲ $198,750
Accounts Receivable$73,703$58,837▼ $14,866
Prepaid Expenses and Deferred Charges-$5,000-
Total Assets$560,068$748,952▲ $188,884
Liabilities
Deferred Revenue$152,515--
Accounts Payable and Accrued Expenses$89,601$25,862▼ $63,739
Total Liabilities$242,116$25,862▼ $216,254
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$165,437$723,090▲ $557,653
Net Assets With Donor Restrictions$152,515--
Total Net Assets Fund Balance$317,952$723,090▲ $405,138
Total Liabilities and Net Assets / Fund Balance$560,068$748,952▲ $188,884
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Hubert FernandezCo-chairPT$8,100$8,100
David SimonBoard MemberPT$5,057$5,057
Marie Saint-hilaireBoard MemberPT$3,000$3,000
Michael SchwarzchildChairPT$3,000$3,000
Peter LewittBoard MemberPT$3,000$3,000

Board Members and Trustees

NameTitle
Brad RacetteBoard Member
Cindy CasaceliBoard Member
Eric MacklinBoard Member
Karen WilliamsBoard Member
Kelvin ChouBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$150
Program Service Revenue
$438,709
Investment Income
$0
Other Revenue
$0
All Other Contributions
$150
Change in Net Assets
$55,138
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$383,721
Total Fundraising Expense$245
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$240,815$75,358-$316,173
Conferences and Meetings$34,095--$34,095
Information Technology-$7,393-$7,393
Fees for Services Accounting-$5,325-$5,325
Other Expenses$3,225$2,558$245$2,803
Insurance-$1,389-$1,389
Total Functional Expenses$278,135$105,341$245$383,721
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Members or stockholder classes and rights Part VI line 6

Form 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 7A

Form 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 11

Form 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 12C

Form 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 18

Form 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 19

Form 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.

Part VII response or note to any other line in Part VII

Form 990, part vii, section a:in accordance with irs guidelines reportable compensation includes compensation for independent contractor services to the filing organization.

Filing and Contact Details

Filer

Filer Name
Parkinson Study Group Inc
EIN
46-5749468
Address
114 16TH STREET STE 3002, BOSTON, MA 02129

Signing Officer

Name
Michael Schwarzchild Md Phd
Title
Chair
Phone
8778295500
Signed
2022-01-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Schwarzchild Md Phd
Formed
1986
Legal Domicile
Ma
Voting Board Members
10
Independent Board Members
9
Employees
0

Preparer

Firm
Veritas Tax Business & Consulting
Address
810 Memorial Drive Ste 103, Cambridge, MA 02139
Preparer
Erick Lans
Phone
8577062555
Supplemental Narrative

Additional Explanations

Amended return information

Part 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 re

Explanation of other changes in net assets or fund balances Part XI line 9

Organization received remaining balance of funds held by mass general hospital via bank transfer.

List of other fees for services expenses Part IX line 11G

Form 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 III

Form 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.

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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt05990
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt17328
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt22558
IRS990/OtherExpensesGrp/ProgramServicesAmt03225
IRS990/OtherExpensesGrp/TotalAmt03225
IRS990/OtherExpensesGrp/TotalAmt15990
IRS990/OtherExpensesGrp/TotalAmt27328
IRS990/OtherExpensesGrp/TotalAmt32803
IRS990/OtherWebsiteInd0X
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IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05000
IRS990/PrincipalOfficerNm0MICHAEL SCHWARZCHILD MD PHD
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0541700
IRS990/ProgramServiceRevenueGrp/BusinessCd1541900
IRS990/ProgramServiceRevenueGrp/Desc0PROJECT INCOME
IRS990/ProgramServiceRevenueGrp/Desc1SYMPOSIUM SPONSORSHIP
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0296194
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1142515
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0296194
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1142515
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt050
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0311600
IRS990/PYProgramServiceRevenueAmt0377650
IRS990/PYRevenuesLessExpensesAmt066100
IRS990/PYTotalExpensesAmt0311600
IRS990/PYTotalRevenueAmt0377700
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt055138
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0438709
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0438859
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0377700
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0816559
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IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt0816559
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0438859
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0377700
IRS990ScheduleA/Total509Grp/TotalAmt0816559
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0438859
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0377700
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0816559
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PART 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 RE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990, PART VI, SECTION A LINE 6:THERE ARE TWO MEMBERSHIP CLASSES WITHIN THE ORGANIZATION CONSISTING OF VOTING MEMBERS AND ASSOCIATE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990, PART VI, SECTION A, LINE 7A:THE VOTING MEMBERS OF THE ORGANIZATION ELECT THE MEMBERS OF THE EXECUTIVE COMMITTEE AS TERM LIMITS EXPIRE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FORM 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FORM 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FORM 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ORGANIZATION RECEIVED REMAINING BALANCE OF FUNDS HELD BY MASS GENERAL HOSPITAL VIA BANK TRANSFER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8FORM 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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9FORM 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10FORM 990, PART VII, SECTION A:IN ACCORDANCE WITH IRS GUIDELINES REPORTABLE COMPENSATION INCLUDES COMPENSATION FOR INDEPENDENT CONTRACTOR SERVICES TO THE FILING ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Amended return information
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990 availability to public Part VI line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Explanation of other changes in net assets or fund balances Part XI line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8List of other fees for services expenses Part IX line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Part III response or note to any other line in Part III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Part VII response or note to any other line in Part VII
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IRS990/TotalContributionsAmt0150
IRS990/TotalEmployeeCnt00
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0278135
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IRS990/TotalProgramServiceRevenueAmt0438709
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/BuildTS02023-03-07 01:45:13Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL SCHWARZCHILD MD PHD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum08778295500
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-01-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PARKINSON STUDY GROUP INC
ReturnHeader/Filer/BusinessNameControlTxt0PARK
ReturnHeader/Filer/EIN0465749468
ReturnHeader/Filer/USAddress/AddressLine1Txt0114 16TH STREET STE 3002
ReturnHeader/Filer/USAddress/CityNm0BOSTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0824222360
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Veritas Tax Business & Consulting
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0810 Memorial Drive Ste 103
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Cambridge
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002139
ReturnHeader/PreparerPersonGrp/PhoneNum08577062555
ReturnHeader/PreparerPersonGrp/PreparationDt02023-01-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Erick Lans
ReturnHeader/ReturnTs02023-01-30T14:47:18-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MICHAEL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SCHWARZCHILD
ReturnHeader/TaxPeriodBeginDt02020-10-01
ReturnHeader/TaxPeriodEndDt02021-09-30
ReturnHeader/TaxYr02020

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