Parkinson Canada

4211 Yonge Street, Suite 316
Toronto, ON M2P 2A9
CEO: Karen Lee
Board Chair: Marlin Stangeland

Charitable Reg. #:10809 1786 RR0001

STAR RATING

Ci's Star Rating is calculated based on the following independent metrics:

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✔+

FINANCIAL TRANSPARENCY

Audited financial statements for current and previous years available on the charity’s website.

B+

RESULTS REPORTING

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

n/r

DEMONSTRATED IMPACT

The demonstrated impact per dollar Ci calculates from available program information.

NEED FOR FUNDING

Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.

55%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 55 cents are available for programs.



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Programs

About Parkinson Canada:

Founded in 1965, Parkinson Canada (formerly Parkinson Society of Canada) aims to transform the lives of people living with Parkinson’s disease. To this end, Parkinson Canada funds research for a cure, promotes public awareness, and provides patient services. Parkinson’s disease is a degenerative brain disease that affects movement and motor skills. It can cause tremors, mobility issues, muscle stiffness, and poor balance. Over 100,000 Canadians are living with Parkinson’s and around 6,600 new cases get diagnosed each year. There is currently no cure. Parkinson Canada’s main office is in Toronto.

Parkinson Canada runs three main programs: Education and Services, Research, and Community Development and Advocacy.

Education and Services were 56% of program costs in F2019. Parkinson Canada provides resources for health professionals on new research findings and treatment methods. In F2019, Parkinson Canada released the second edition of its Canadian Guideline for Parkinson Disease to provide information and guidance for physicians. The charity reports that it distributed the new guide to more than 65,000 family doctors.

Research funding represented 31% of program costs in F2019. Parkinson Canada provides grants through university funding, fellowships, and student awards. It funds researchers seeking better treatments, improved patient care, and greater understanding of the disease. In F2019, Parkinson Canada committed to funding 30 new research projects for the next two years. It also continued to support 12 previous research projects entering their second year.

Community Development and Advocacy were the remaining 13% of program costs. Parkinson Canada raises awareness and advocates for policies that support people with Parkinson’s. Ahead of the Canadian federal election in 2019, Parkinson Canada released its Plan for Parkinson’s, a set of recommendations to improving access to care for patients. The charity reportedly connected with over 100 candidates to discuss the plan. In F2019, Parkinson Canada also released a petition on reducing patient wait times signed by more than 2,000 people.

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Results and Impact

Parkinson Canada Research funds innovative research to find better treatments or a cure. In F2019, University of Calgary researchers found that a specific region in the brain may have effects on motor control issues. Researchers state that the region has not been traditionally studied for connections to Parkinson’s disease.

Parkinson Canada advocates for policies to help those living with Parkinson’s. The charity is one of many advocacy groups that pushed for a national pharmacare plan in Canada. As a result of combined advocacy efforts, the 2018 federal government committed to introducing a national pharmacare plan. In summer 2018, Parkinson Canada attended consultations held by the government-appointed Advisory Council on the Implementation of National Pharmacare.

While Ci highlights these key results, they may not be a complete representation of Parkinson Canada’s results and impact.

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Finances

Parkinson Canada is a Large charity with total donations and special events fundraising of $11.6m in F2019. Administrative costs are 18% of revenues (less investment income) and fundraising costs are 27% of donations and special events revenue. This results in total overhead spending of 45%. For every dollar donated to the charity, 55 cents go to the cause. This falls outside of Ci’s reasonable range for overhead spending, which has been the case for the past three years.

Parkinson Canada has $11.1m in total funding reserves, of which $230k is donor-endowed. Excluding endowed funds, Parkinson Canada could cover nearly two years of annual program and grant costs with its existing reserves.

Parkinson Canada’s financial notes also state that it has committed to future research grants of $1.1m in F2020 and $378k in F2021.

This charity report is an update that has been sent to Parkinson Canada for review. Comments and edits may be forthcoming.

Updated on July 15, 2020 by Eric Zhao.

Financial Review


Financial Ratios

Fiscal year ending December
201920182017
Administrative costs as % of revenues 18.3%17.9%23.1%
Fundraising costs as % of donations 27.0%30.1%35.0%
Total overhead spending 45.3%47.9%58.1%
Program cost coverage (%) 195.4%172.1%187.0%

Summary Financial Statements

All figures in $000s
201920182017
Donations 8,8836,9765,670
Government funding 56257208
Special events 2,6822,9643,039
Investment income 813(49)378
Other income 261253248
Total revenues 12,69610,4019,543
Program costs 4,4014,2544,014
Grants 1,1691,1551,035
Administrative costs 2,1721,8682,119
Fundraising costs 3,1252,9893,048
Total spending 10,86810,26610,215
Cash flow from operations 1,828135(672)
Capital spending 33444836
Funding reserves 11,0899,5219,650

Note: Ci reported grants to qualified donees from the charity’s T3010 filings with the CRA, and backed out the amounts from program costs. Ci reported government funding from T3010 filings and backed out the amounts from donations. Ci removed amortization on a pro-rata basis from program, administrative, and fundraising costs.

Salary Information

Full-time staff: 96

Avg. Compensation: $54,249

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 F2019

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Comments & Contact

Comments added by the Charity:

With your support Parkinson Canada has made great strides in Parkinson’s research, health care provider information, and services to support people with Parkinson’s disease and care partners.

  • Parkinson Canada founded, along with Brain Canada, the Canadian Open Parkinson Network (C-OPN). C-OPN is a platform with a mission to unite and mainstream research efforts to more efficiently find ways to treat Parkinson’s disease. For more information about how you can participate in C-OPN, visit: https://www.parkinson.ca/canadian-open-parkinson-network/
  • Parkinson Canada proudly published the Canadian Guideline on Parkinson Disease in the Canadian Medial Association Journal. The Guideline was authored by a multidisciplinary team of experts from across Canada offering credible and updated best practices in the care and treatment of Parkinson’s disease. To-date the Guideline has been distributed to 65,000 doctors in Canada. Your free downloadable copy of the Guideline is available at https://www.parkinsonclinicalguidelines.ca
  • Parkinson Canada offers peer support groups in more than 100 communities, and an expert staff of Information and Referral Associates available by toll-free line or email ready to answer your questions about living with Parkinson’s. In 2019, our Information and Referral Associates connected with 6,500+ people with Parkinson’s and care partners from across Canada. Have a question? Reach out to an Information and Referral Associate today at https://www.parkinson.ca/resources/information-and-referral-helpline/

Its because of your generosity that Parkinson Canada has accomplished this and so much more.

Parkinson Canada is committed to transparency in service of Canadians living with Parkinson’s. For those looking for further detail on the communities we serve, or 2019 areas of impact, we invite you to visit Parkinson.ca or read our Annual Report, available here: https://www.parkinson.ca/about-us/financial-reports/.

Charity Contact

Website: www.parkinson.ca
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 416-227-9700

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