Parkinson Canada

4211 Yonge Street, Suite 316
Toronto, ON M2P 2A9
CEO: Joyce Gordon
Board Chair: Daphne Fitzgerald

Website: www.parkinson.ca
Charitable Reg. #: 10809 1786 RR0001
Sector: Health
Operating Charity

Donor Accountability

Grade: A-

The grade is based on the charity's public reporting of the work it does and the results it achieves.

Financial Transparency

Audited financial statements for current and previous years available on the charity's website [ Audited financial statement for most recent year ]

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Full-time staff #68

Avg. Compensation $41,709

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 1
$160k - $200k 0
$120k - $160k 4
$80k - $120k 5
$40k - $80k 0
< $40k 0
Information from most recent CRA Charities Directorate filings for F2016

About Parkinson Canada:

Founded in 1965, Parkinson Society Canada (PSC) works to lower the burden of Parkinson’s disease by funding research for a cure, advocating for people living with Parkinson’s, and running education and support services for patients, caregivers and doctors. On January 1, 2016, Parkinson Society Canada merged with Parkinson Society Eastern Ontario and Parkinson Society Saskatchewan to form Parkinson Canada. On January 16, 2016, Parkinson Society Maritime Region transferred its net assets to Parkinson Canada.

Parkinson’s is a degenerative brain disease that affects movement and motor skills. It often causes tremors, slowed movements, muscle stiffness and poor balance. There is currently no cure for Parkinson’s and the disease progresses at different rates for different people.

Parkinson Canada runs a National Research Program that funds research projects looking for a cure for Parkinson’s. The program made up 27% of PSC’s program costs in F2016 according to the charity’s annual report. PSC funded 19 researchers for the 2016-2018 research cycle. This includes two research projects studying Parkinson’s biomarkers, eight projects studying causes of Parkinson’s, one project studying clinical movement disorders, one project studying cognitive impairment, two projects studying complications, three projects studying neuroprotection, and one project studying quality of life. The charity also reports $1.4m in research commitments in its 2016 annual report.

Parkinson Canada runs an advocacy program that reaches out to the Canadian government for policy changes that will improve the quality of life for people with Parkinson’s. Advocacy efforts made up 10% of program costs in F2016. The charity’s 2016 annual report states that it has 153 Parkinson’s Ambassadors contributing to advocacy efforts, which is a 42% increase from 2015. Parkinson Canada saw success when Bill S 201 was passed by the House of Commons and the Senate in early 2017. This bill prohibits and prevents genetic discrimination, and is waiting Royal Assent.

Parkinson Canada also runs an education and services program that made up 48% of program costs in F2016. PSC runs presentations that educate health care professionals (HCP) about new research findings, treatment strategies and general effects of Parkinson’s on patients. The charity reports that in 2016, 1,456 HCPs attended 73 presentations. Parkinson Canada also reports that it distributed 7,480 copies of The Canadian Guidelines on Parkinson’s Disease and 1,750 HCPs completed online learning modules, which were launched in 2014 as the first accredited online learning module for doctors that discusses proper treatments and disease management skills for Parkinson’s patients. The charity’s support services for the year included answering 9,000 requests for information, running 120 peer support groups that 2,400 people attended, offering 3 webinars and 11 podcasts that 1,374 people watched, and educating 3,073 people through education events.

Ci notes that community development made up the remaining 16% of program costs in F2016.

Financial Review:

Parkinson Canada is a big-cap charity with total donations and special events fundraising of $11.1m in F2016. Administrative costs are 18% of revenues and fundraising costs are 25% of donations and special events. Per dollar donated to the charity, $0.58 goes towards its programs, which falls outside of Ci’s reasonable range for overhead spending. Parkinson Canada’s funding reserves of $10.5m include a $230k endowment fund. Excluding endowed funds, the charity’s reserves can cover annual program costs for 2.1 years.

Included in the financial notes are research and fellowship grants commitments of $886k in F2017 and $272k in F2018.

Ci used the charity's T3010 CRA filings for F2015 and F2014 to gather grants figures and backed the amounts out of program costs. The charity's F2016 T3010 CRA filing was not available at the time of this profile update. 

This charity report is an update that is currently being reviewed by Parkinson Canada. Comments and edits may be forthcoming.

Updated on July 6, 2017 by Katie Khodawandi.

Financial Ratios

Fiscal year ending December
201620152014
Administrative costs as % of revenues 17.8%11.5%11.8%
Fundraising costs as % of donations 24.7%28.0%25.3%
Program cost coverage (%) 219.1%160.2%140.4%

Summary Financial Statements

All figures in $000s
201620152014
Donations 8,7026,9956,759
Government funding 083232
Special events 2,4192,0221,939
Investment income 21393158
Other income 209116143
Total revenues 11,5439,3109,230
Program costs 4,7913,2183,133
Grants 01,3631,367
Administrative costs 2,0131,0631,074
Fundraising costs 2,7492,5272,202
Cash flow from operations 1,9901,1391,455
Funding reserves 10,4977,3376,320
Note: Ci used F2016 figures as reported on December 31, 2016 when using balance sheet line items. Ci backed out amortization on a pro-rata basis from program, administrative and fundraising costs. Ci backed out non-cash gains and added back non-cash losses on sale of property and equipment in other income, affecting revenues by $540 in F2016 and $3k in F2014. Ci reported support from incorporated regional partners in donations, increasing revenues by $877k in F2015 and $1.1m in F2014. Ci reported support to regional partners in program costs, increasing expenses by $150k in F2015 and $151k in F2014.

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