Davos Alzheimer's Collaborative Inc

Nonprofit profile at a glance

EIN
861884515
IRS 990 coverage
2022–2025
Forms available
Form 990 2025
Location
Wayne, PA, USA
Phone
7035999617
Rating
85
Verdict
STRONG
Rating confidence
Standard
Sector
Alzheimer's Disease

Official website

Reported finances

Revenue
$12,470,622
Expenses
$16,083,398
Assets
$8,470,178
Liabilities
$577,289

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • GEORGE VRADENBURG (CHAIR & PRESIDENT)

People named in this filing

  • GEORGE VRADENBURG (CHAIR & PRESIDENT)
  • ANDREW HOLZAPFEL (COO (SEE SCHEDULE O))
  • FREDA LEWIS HALL (TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

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.

What it reported doing in 2025

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. This includes partnerships such as the collaboration with aga khan university in nairobi, kenya, where cognitive tests, saliva-based polygenic risk scores, and digital cognitive assessments are being validated in east african populations to create a clinical trial-ready cohort. In south korea, dac has acquired blood samples from 300 participants in a highly characterized cohort, advancing the validation of blood-based biomarkers (bbms) for global use. The project also includes access to 1,000 blood samples from a long-standing cohort in the latam/caribbean region for ad blood biomarker validation, as well as a large-scale clinical trial recruitment effort in the dominican republic, with over 14,000 participants across urban and rural settings.further expanding global research, dac is developing scalable approaches in egypt for early detection, monitoring, and risk reduction of ad, while in india, the "eye-dea study" is using cataract surgery clinics to assess ocular, speech, and olfactory biomarkers related to cognitive impairment. In chile, dac is collecting a wide range of data from a 9,000-person cohort to generate local validation data for blood biomarkers and digital cognitive assessments, particularly focusing on the impact of pesticide use and exposure to neurotoxins. These efforts are helping to ensure that ad research is inclusive of diverse populations and adaptable to local settings, with the aim of improving early detection, diagnosis, and treatment on a global scale.

Operating model

Revenue model
Donor-supported. 98% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 76% for direct work, and 24% for grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 92
  • Transparency & Controls: 88
  • Accountability: 81
  • Sustainability: 25
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 92.2%; rating input score 92
  • Fundraising efficiency: $16.19 raised per $1 spent on fundraising; rating input score 48; 48th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: 3 of 8 controls in place; rating input score 38
    • Claims monitoring procedures: Pass
    • Requires narrative reports: Fail
    • Conducts field audits: Fail
    • May suspend future funding: Fail
    • Requires financial reports: Pass
    • Conducts site visits: Fail
    • Requires grant agreements: Pass
    • May require repayment: Fail
  • Grant itemization coverage: 99.8%; rating input score 100; 47th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 66.7%; rating input score 67; 10th percentile among comparable filings
  • Governance controls: 7 of 7 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • 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: -29%; rating input score 2; 2nd percentile among comparable filings
  • Total-asset coverage ratio: 0.53; rating input score 13; 13th percentile among comparable filings
  • Liabilities to assets ratio: 0.07; rating input score 72; 72nd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 96; 96th percentile among comparable filings

Growth

  • Program expense growth: 23% per year; rating input score 100; 90th percentile among comparable filings
  • Revenue growth: 8.7% per year; rating input score 100; 67th percentile among comparable filings
  • Asset growth: -15.9% per year; rating input score 0; 0th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 92.2% of spending went to programs
  • Governance: 2 of 3 board members independent · 7 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $14.8M in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Highest-paid contractors: 5 contractors listed · $2.6M reported
  • Consistency: 30 of 30 current checks pass
  • Schedules: 8 filed schedules · includes major donors, foreign activity, grants, and related organizations
  • Filing history: 4 filing years from 2022 to 2025
  • Contacts: How to reach this organization
  • Money network: 19 filed money-flow records
  • Related organizations: 19 filed related-organization links
  • 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.

  • Moderate — Transparency & Controls: Foreign activity oversight: 5 of 8 not reported.
  • High — Sustainability: Operating margin scored 2/100.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 48/100.
  • High — Sustainability: Total-asset coverage ratio scored 13/100.
  • High — Growth: Asset growth scored 0/100.