Davis Phinney Foundation

Nonprofit profile at a glance

EIN
200813566
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Louisville, CO, USA
Phone
8663580285
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$3,589,340
Expenses
$3,595,235
Assets
$5,161,515
Liabilities
$349,385

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

14 people listed

Executive titles in this filing

  • POLLY DAWKINS (EXECUTIVE DIRECTOR)

Highest reported compensation

  • POLLY DAWKINS (EXECUTIVE DIRECTOR): $163,867 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The davis phinney foundation's mission is to help people live well with parkinson's. While it is critical to find a cure for parkinson's, we feel strongly that people living with parkinson's also need information and tools to live well today. The foundation was founded in 2004 by olympic cyclist davis phinney, who was diagnosed with parkinson's in 2000, at the age of 40. Today, davis is both a role model in the cycling community and an inspiration to the estimated 1 million americans living with parkinson's. We are committed to supporting programs and research that deliver inspiration, information and tools that will enable people living with parkinson's to take more control in managing their parkinson's. The foundation provides essential information, practical tools and inspiration to people living with parkinson's and funds research closely aligned with our mission - improving the lives of people living with parkinson's.

What it reported doing in 2024

The healthy parkinson's communities initiative has supported community-based advocates through staff support, educational resources, print materials, mentorship, and grants for local projects. In 2024, the foundation began to phase down this program to focus on other strategic priorities.in 2024, the davis phinney foundation launched the updated pedaling for parkinson's program nationally, following its transition to foundation leadership in 2023. This indoor cycling program is designed to help people with parkinson's manage symptoms through exercise. Under the foundation's leadership, the program was enhanced with a new curriculum, training model, and community engagement strategy. The foundation also offers online pedaling for parkinson's classes for individuals who do not have a local program or who cannot physically attend in-person classes. Pedaling for parkinson's classes now serve as a consistent point of connection providing participants with proven exercise benefits and linking them to additional foundation resources, community support, and information about living well with parkinson's.

Operating model

Revenue model
Donor-supported. 80% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 73
  • Transparency & Controls: 70
  • Accountability: 100
  • Sustainability: 44
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 80%; rating input score 80
  • Program expense ratio: 78.7%; rating input score 79
  • Fundraising efficiency: $5.2 raised per $1 spent on fundraising; rating input score 18; 18th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 94.4%; rating input score 94; 24th percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 66.7%; rating input score 67; 18th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -0.2%; rating input score 32; 32nd percentile among comparable filings
  • Total-asset coverage ratio: 1.44; rating input score 50; 50th percentile among comparable filings
  • Liabilities to assets ratio: 0.07; rating input score 65; 65th percentile among comparable filings
  • Officer compensation ratio: 4.6%; rating input score 57; 57th percentile among comparable filings

Growth

  • Program expense growth: 10.1% per year; rating input score 100; 64th percentile among comparable filings
  • Revenue growth: 10% per year; rating input score 100; 68th percentile among comparable filings
  • Asset growth: 16.1% per year; rating input score 100; 77th percentile among comparable filings

Details

  • Where the money goes: 80% of revenue deployed · 78.7% of spending went to programs
  • Governance: 13 of 13 board members independent · 8 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $2.8M in reported program spending
  • Leadership: top reported pay $164K · 14 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed · $165K reported
  • Consistency: 37 of 38 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Fundraising efficiency scored 18/100.
  • Moderate — Sustainability: Operating margin scored 32/100.
  • Review — Sustainability: Total-asset coverage ratio scored 50/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Review — Sustainability: Officer compensation ratio scored 57/100.