Parkinson Society Canada

4211 Yonge Street, Suite 316
Toronto, ON M2P 2A9
President & CEO: Joyce Gordon
Board Chair: Jean-Pascal Souque

Charitable Reg. #: 10809 1786 RR0001
Sector: Health
Operating Charity

Charity Rating

[Charity Rating: 4/4]

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 #52

Avg. Compensation $70,960

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 1
$160k - $200k 0
$120k - $160k 3
$80k - $120k 6
$40k - $80k 0
< $40k 0
Information from most recent CRA Charities Directorate filings for F2015

About Parkinson Society 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. 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 Society Canada runs a National Research Program that funds research projects looking for a cure for Parkinson’s. The program made up 47% of PSC’s program costs in F2014 according to the charity’s annual report. PSC funded 40 research projects in the year. Eight projects that received funding from PSC in previous years submitted their results in 2014, which resulted in 7 publications and 21 presentations in 2014.

Parkinson Society 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 2014. The charity’s 2014 annual report states that it reached 21 members of parliament within the year as a part of its advocacy efforts. PSC saw success in April 2015 when the Canadian government passed a law that improved compassionate care benefits for caregivers.

Parkinson Society Canada also runs an education and services program that made up 39% of program costs in 2014. PSC produces webinars that educate doctors about new research findings, treatment strategies and general effects of Parkinson’s on patients. The charity reports that in 2014, over 3,000 doctors viewed one of its four offered webinars. In 2014, PSC also launched the first accredited online learning module for doctors that discusses proper treatments and disease management skills for Parkinson’s patients.

Financial Review:

Parkinson Society Canada is a Big-cap charity with total donations and special events revenue of $8.8m in F2015. Administrative costs are 12% of revenues and fundraising costs are 29% of donations. The charity spends $0.41 of every donated dollar on overhead costs, which falls just outside Ci’s reasonable range for overhead spending.

The charity holds funding reserves of $7.3m, which can cover annual program costs for 1.6 years.

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

Updated on July 5, 2016 by Katie Khodawandi.

Financial Ratios

Fiscal year ending December
Administrative costs as % of revenues 11.9%12.1%12.7%
Fundraising costs as % of donations 28.9%26.0%26.3%
Program cost coverage (%) 160.2%140.4%97.3%

Summary Financial Statements

All figures in $000s
Donations 6,7306,5445,504
Government funding 83232473
Special events 2,0221,9391,994
Investment income 93158128
Other income 116143159
Total revenues 9,0449,0168,258
Program costs 3,2183,1333,714
Grants 1,3631,3671,524
Administrative costs 1,0631,0741,034
Fundraising costs 2,5272,2021,969
Cash flow from operations 8731,24018
Funding reserves 7,3376,3205,096
Note: Ci recognized deferred contributions and research contributions in the year received, affecting donations by ($265k) in F2015, ($215k) in F2014 and ($351k) in F2013. Ci included support from incorporated regional partners of $877k in F2015, $1.1m in F2014 and $1.1m in F2013 in donations. Ci did not include gains and losses on disposal of property and equipment, affecting other revenue by $3k in F2014 and ($1k) in F2013. Amortization of property and equipment has been backed out of program, administrative and fundraising costs based on % of total operating costs. Grants figures are from the charity’s T3010 CRA filing and have been backed out of program costs.

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