The Kirk Gibson Center for Parkinson's Wellness
Nonprofit profile at a glance
- EIN
- 993393905
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024
- Location
- Farmington Hills, MI, USA
- Phone
- 3138232319
- Rating
- 69
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Health Support Services
Reported finances
- Revenue
- $130,803
- Expenses
- $124,303
- Assets
- $6,500
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
People named in this filing
- STEVE ANNEAR (DIRECTOR)
- KIRK ROBERT GIBSON (DIRECTOR)
- KIRK GIBSON (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The kirk gibson center for parkinson's wellness (the "center") was formed in march 2024 and is organized exclusively for the benefit of, to perform the functions of, and to carry out the purposes of the kirk h. And joann p. Gibson family foundation for parkinson's research, a Michigan nonprofit corporation. The present activities of the center consist primarily of tasks associated with its formation and organization, as well as developing an action plan to further the center's charitable mission. Once up and running, the center intends to establish and operate a new facility in southeast Michigan beginning in the fall of 2025 to inform, educate and instruct individuals suffering from parkinson's disease and their care partners in exercise and movement-related therapy. The center's activities serve a vital need to parkinson's patients and care partners. The center intends that all services provided to individuals with parkinson's will be free of charge.
What it reported doing in 2024
Given the entity was created in 2024, the largest program service expenses were related to renovation of the center facility and consulting fees associated with a 3rd party for consultation on establishment and specific parkinson's disease related movement programming for the center.
Operating model
- Revenue model
- Donor-supported. 100% 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 - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 53
- Transparency & Controls: 100
- Sustainability: 41
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 51.5%; rating input score 52
- Program expense ratio: 54.2%; rating input score 54
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 5%; rating input score 47; 47th percentile among comparable filings
- Total-asset coverage ratio: 0.05; rating input score 7; 7th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 51.5% of revenue deployed · 54.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $67K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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.
- Review — Financial Efficiency: Mission deployment rate scored 52/100.
- Review — Financial Efficiency: Program expense ratio scored 54/100.
- High — Sustainability: Total-asset coverage ratio scored 7/100.
- Moderate — Sustainability: Operating margin scored 47/100.