Davos Alzheimer's Collaborative INC

Tax-deductible

Wayne, PA501(c)(3)Since 2020Diseases & DisordersEIN 86-1884515Revenue $12.5M in FY2025

On file with the IRSdavosalzheimerscollaborative.org155 E Lancaster Ave, 19087-3525 · Wayne, PATax-exempt since Apr 2021Publicly supported charity — 170(b)(1)(A)(vi)

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Dac is leading the largest global response of its kind, driving scientific discovery and aligning health systems to help people worldwide, including those in low resourced environments left out of previous efforts to fight Alzheimer's. (see schedule o)we are committed to transforming Alzheimer's research, prevention and care through proven private-public models, such as gavi, cepi and the global fund.

501(c)(3) charity; gifts are tax-deductible.
92¢ of each $1 spent went to programs.
Run by 3 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

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FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average surplus $1.6M a year · 15% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
92%
of spending
Looks good: 92% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
5 mo
of spending, in cash
Looks good: 5.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $2.9M
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$577K
7% of total assets
Looks good: liabilities are 7% of assets; 50% or less.
Pt X · Ln 26
Independent board members
2
of 3 voting members
Looks good: 2 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$12.5M
+38% vs prior year
Spent
$16.1M
To programs
92%
Net assets
$7.9M
By yearFY2021–FY2025
Revenue
$12.5M
FY2025▲ +38%
Tap a bar for its year
Revenue by fiscal year
FY2021$14.5M
FY2022$9.8M
FY2023$8.5M
FY2024$9.0M
FY2025$12.5M
Expenses
$16.1M
FY2025▲ +55%
Tap a bar for its year
Expenses by fiscal year
FY2021$2.8M
FY2022$8.1M
FY2023$9.0M
FY2024$10.4M
FY2025$16.1M
Net assets
$7.9M
FY2025▼ -31%
Tap a bar for its year
Net assets by fiscal year
FY2021$11.7M
FY2022$13.4M
FY2023$12.9M
FY2024$11.5M
FY2025$7.9M

From the FY2025 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 2021.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

92 cents of each dollar spent went to programs.

Program services 92% · $14.8M Management & general 3% · $496K Fundraising 5% · $753K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation
Chair & President
$0Pt VII · Sec A
COO (see Schedule O)
$0Pt VII · Sec A
$0Pt VII · Sec A
See Davos Alzheimer's Collaborative INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Davos Alzheimer's Collaborative INC is a disease and medical nonprofit based in Wayne, PA, formed in 2020.

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Provided by the organization

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3 programs · $14.8M · in their own filed words · FY2025
01

The davos alzheimer's collaborative's system preparedness program aims to strengthen healthcare systems' ability to identify and address alzheimer's disease (ad) and related dementias (adrd) early.

$13.2Mprogram expense
02

The davos alzheimer's collaborative's global cohort development program focuses on building a diverse and sustainable network of cohorts to advance alzheimer's disease (ad) and related dementias (adrd) research.

$1.7Mprogram expense
03

The davos alzheimer's collaborative's global clinical trial program is maintaining a network of more than 30 european sites organized to accelerate studies and implement novel trial designs. This effort is part of dac's broader goal to build infrastructure for future pharmacological and non-pharmacological trials globally.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 3 funders$2.9M
See all 3 funders →
Grants paid · 45 grants · $6.9M · 2021–2025
The University of Texas Southwestern Medical CenterFY2025$165,000
Sharp HealthcareCA · FY2025$100,000
Norton Healthcare INCKY · FY2025$100,000
Memorial HospitalMI · FY2025$100,000
Virtua Health Foundation INCNJ · FY2025$82,500
Scan Health PlanCA · FY2025$82,500
Emory UniversityGA · FY2025$82,500
Commonspirit HealthAZ · FY2025$82,500
University of WashingtonFY2025$56,250
USC BhnCA · FY2025$50,000
See all 45 grants →

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$12.5M
Ln 12
Gifts and grantsLn 1h$12.2M
Investment incomeLn 3$224K
Fees for servicesLn 2g$60K
Money outPt IX
$16.1M
Ln 25
Programscol B$14.8M
Managementcol C$496K
Fundraisingcol D$753K
Owns and owesPt X
$7.9M
net assets · Ln 32
Cash and savingsLn 1–2$6.9M
Total assetsLn 16$8.5M
LiabilitiesLn 26$577K
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$12.2M
Noncash giftsLn 1g$4.9M
Fees for servicesLn 2g$60K
Investment incomeLn 3$224K
Total revenueLn 12$12.5M
Assets in detailPt X, end of year
CashLn 1$953K
SavingsLn 2$6.0M
Cash and savings togetherLn 1–2$6.9M
Total assetsLn 16$8.5M
LiabilitiesLn 26$577K
Net assetsLn 32$7.9M
OperationsPt I, VI
EmployeesI 50
VolunteersI 63
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$9.0M$6.9M
Total assetsLn 16$13.4M$8.5M
LiabilitiesLn 26$1.9M$577K
Net assetsLn 32$11.5M$7.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$2.3M$2.3M
Grants and assistance to foreign recipientsLn 3$1.2M$1.2M
Management feesLn 11a$998K$927K$39K$32K
Legal feesLn 11b$184K$171K$7K$6K
Accounting feesLn 11c$207K$207K
Other fees for servicesLn 11g$9.6M$9.1M$168K$310K
Advertising and promotionLn 12$196K$160K$200$36K
Office expensesLn 13$19K$4K$15K$199
Information technologyLn 14$11K$2K$9K$114
TravelLn 17$1.3M$919K$11K$368K
InsuranceLn 23$21K$4K$17K$219
Other expenses (24a–d)Ln 24$29K$6K$23K$300
Total functional expensesLn 25$16.1M$14.8M$496K$753K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $12.5M$16.1M−$3.6M$7.9M 990 PDF
FY2024 $9.0M$10.4M−$1.4M$11.5M 990 PDF
FY2023 $8.5M$9.0M−$525K$12.9M 990 PDF
FY2022 $9.8M$8.1M$1.7M$13.4M 990 PDF
FY2021 $14.5M$2.8M$11.7M$11.7M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $12,470,622 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $8,671,988$12,186,383
I-9 Program service revenuePrior year $300,461$60,000
I-10 Investment incomePrior year $43,530$224,239
I-11 Other revenuePrior year $903$0
I-12 Total revenuePrior year $9,016,882$12,470,622
I-13 Grants and similar amounts paidPrior year $1,226,886$3,542,155
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $9,167,677$12,541,243
I-18 Total expensesPrior year $10,394,563$16,083,398
I-19 Revenue less expensesPrior year −$1,377,681−$3,612,776
Part VI · Governance 2 of 3 board members independent, 1 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members2
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $12,470,622 across 6 lines filed
VIII-1f All other contributions, gifts and grants$12,186,383
VIII-1g Noncash contributions (included above)$4,905,928
VIII-1h Total contributions, gifts and grants$12,186,383
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $60,000$60,000
VIII-3 Investment incomeExcluded from tax $224,239$224,239
VIII-12 Total revenueRelated to mission $60,000 · Unrelated business $0 · Excluded from tax $224,239$12,470,622
Part IX · Statement of functional expenses $16,083,398 across 12 lines filed
IX-1 Grants to domestic organizationsPrograms $2,323,750$2,323,750
IX-3 Grants and assistance to foreign recipientsPrograms $1,218,405$1,218,405
IX-11a Management feesPrograms $927,417 · Management $38,528 · Fundraising $31,592$997,537
IX-11b Legal feesPrograms $170,894 · Management $7,100 · Fundraising $5,821$183,815
IX-11c Accounting feesManagement $207,171$207,171
IX-11g Other fees for servicesPrograms $9,099,836 · Management $168,089 · Fundraising $309,982$9,577,907
IX-12 Advertising and promotionPrograms $159,518 · Management $200 · Fundraising $36,168$195,886
IX-13 Office expensesPrograms $3,797 · Management $15,085 · Fundraising $199$19,081
IX-14 Information technologyPrograms $2,205 · Management $8,763 · Fundraising $114$11,082
IX-17 TravelPrograms $918,767 · Management $11,430 · Fundraising $368,305$1,298,502
IX-23 InsurancePrograms $4,228 · Management $16,804 · Fundraising $219$21,251
IX-24 Other expenses (24a–d)Programs $5,792 · Management $22,919 · Fundraising $300$29,011
IX-25 Total functional expensesPrograms $14,834,609 · Management $496,089 · Fundraising $752,700$16,083,398
Part X · Balance sheet $8,470,178 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $9,007,029$952,856
X-2 Savings and temporary cash investments$5,988,759
X-3 Pledges and grants receivableStart of year $3,895,504$1,427,470
X-9 Prepaid expenses and deferred chargesStart of year $469,884$101,093
X-16 Total assetsStart of year $13,372,417$8,470,178
X-17 Accounts payable and accrued expensesStart of year $1,870,549$577,289
X-26 Total liabilitiesStart of year $1,870,549$577,289
X-27 Net assets without donor restrictionsStart of year $7,659,407$3,998,205
X-28 Net assets with donor restrictionsStart of year $3,842,461$3,894,684
X-32 Total net assets or fund balancesStart of year $11,501,868$7,892,889
X-33 Total liabilities and net assetsStart of year $13,372,417$8,470,178
Part XI · Reconciliation of net assets $7,892,889 net assets at year end
XI-1 Total revenue$12,470,622
XI-2 Total expenses$16,083,398
XI-3 Revenue less expenses−$3,612,776
XI-4 Net assets at start of year$11,501,868
XI-9 Other changes in net assets$3,797
XI-10 Net assets at end of year$7,892,889

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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