Civic Intelligence

Global Alzheimers Platform Foundation Inc

EIN 47-3290570 • 501(c)3 • Washington, DC

Profile

To join together leading academic researchers, pharmaceutical companies nonprofit organizations, foundations and governments worldwide to reduce time, cost and risk of alzheimers clinical trials in order to speed innovative medicines to those with or at risk of alzheimers

1930 18th St NW Suite B2 1017Washington, DC 20009

www.globalalzplatform.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

96th percentile

1.18x

Higher debt load relative to assets than 96% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

79th percentile

0.64x

Higher debt load relative to revenue than 79% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

5th percentile

-62%

Higher net margin than 5% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

96th percentile

$679,458

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 10.4% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

8th percentile

-17%

Faster asset growth than 8% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

12th percentile

-25%

Faster revenue growth than 12% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Down

$3,543,018

Down $4,266,347 (-55%) from 2022

Liabilities

Up

$4,170,384

Up $2,751,838 (+194%) from 2022

Net Assets

Down

-$627,366

Down $7,018,185 (-110%) from 2022

Revenue

Down

$6,540,423

Down $4,921,830 (-43%) from 2022

Expenses

Up

$10,579,328

Up $2,942,916 (+39%) from 2022

Net Income

Down

-$4,038,905

Down $7,864,746 (-206%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10M$5.0M$0-$5.0MAssets 2016: $1,523,060Liabilities 2016: $798,246Net Assets 2016: $724,8142016Assets 2017: $3,533,257Liabilities 2017: $3,143,426Net Assets 2017: $389,8312017Assets 2019: $1,436,983Liabilities 2019: $1,655,896Net Assets 2019: -$218,9132019Assets 2020: $1,076,430Liabilities 2020: $1,525,632Net Assets 2020: -$449,2022020Assets 2021: $4,447,386Liabilities 2021: $2,396,011Net Assets 2021: $2,051,3752021Assets 2022: $7,809,365Liabilities 2022: $1,418,546Net Assets 2022: $6,390,8192022Assets 2024: $3,543,018Liabilities 2024: $4,170,384Net Assets 2024: -$627,3662024

Highlighted filing

2024

Assets$3,543,018
Liabilities$4,170,384
Net Assets-$627,366

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2016: $3,050,000Expenses 2016: $4,095,314Net Income 2016: -$1,045,3142016Revenue 2017: $4,250,355Expenses 2017: $4,585,338Net Income 2017: -$334,9832017Revenue 2019: $4,788,807Expenses 2019: $6,556,064Net Income 2019: -$1,767,2572019Revenue 2020: $5,393,061Expenses 2020: $5,544,946Net Income 2020: -$151,8852020Revenue 2021: $7,275,893Expenses 2021: $5,507,593Net Income 2021: $1,768,3002021Revenue 2022: $11,462,253Expenses 2022: $7,636,412Net Income 2022: $3,825,8412022Revenue 2024: $6,540,423Expenses 2024: $10,579,328Net Income 2024: -$4,038,9052024

Highlighted filing

2024

Revenue$6,540,423
Expenses$10,579,328
Net Income-$4,038,905

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Mar 12, 2025
Return Version
2024v5.2
Gross Receipts
$6,540,423
Mission and Program Overview

Mission

To join together leading academic researchers, pharmaceutical companies nonprofit organizations, foundations and governments worldwide to reduce time, cost and risk of alzheimers clinical trials in order to speed innovative medicines to those with or at risk of alzheimers

We are a patient-centric, non-profit organization dedicated to speeding the delivery of innovative therapies to those living with alzheimer's by reducing the time and cost of alzheimer's disease (ad) clinical trials.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$558,227$984,144▲ $425,917
Savings and Temporary Cash Investments$625,009$700,011▲ $75,002
Prepaid Expenses and Deferred Charges$833,277$518,260▼ $315,017
Cash and Non-Interest-Bearing Accounts$369,942$364,893▼ $5,049
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$4,247,190$3,543,018▼ $704,172
Other Assets Total$1,860,735$975,710▼ $885,025
Liabilities
Deferred Revenue$0$3,374,971▲ $3,374,971
Accounts Payable and Accrued Expenses$835,651$795,413▼ $40,238
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$835,651$4,170,384▲ $3,334,733
Net Assets / Fund Balance
Net Assets With Donor Restrictions$0$0→ $0
Net Assets Without Donor Restrictions$3,411,539$-627,366▼ $4,038,905
Total Net Assets Fund Balance$3,411,539$-627,366▼ $4,038,905
Total Liabilities and Net Assets / Fund Balance$4,247,190$3,543,018▼ $704,172

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$972--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lammert AlbersChief Commercial OfficerFT$659,042$20,416$679,458
John R DwyerpresidentFT$651,044$22,502$673,546
Daniel G MarrenChief Financial OfficerFT$386,454$21,215$407,669
Susan J SteenMedical Director & principal inv.FT$299,535$10,773$310,308
Leigh K ZiskoChief Impact OfficerFT$281,256$9,516$290,772
Jill S SmithSENIOR Director OF gps OPERATIONSFT$200,782$14,881$215,663
Jennifer L GaudiosoAssoc Dir, Clinical OperationsFT$164,361$13,310$177,671

Board Members and Trustees

NameTitle
George VradenburgChair
Drew HolzapfelBoard Member
Michael GlossermanBoard Member
Neil BuckholtzBoard Member
Pascale WitzBoard Member
Steven PaulBoard Member

Highest Paid Contractors

ContractorServicesLocationCompensation
Pintail Solutions LLCProgram Management40 CRICKET KNOLL LANE, Carmel, IN 46033, Uk$906,578
C2N Diagnostics LLCdiagnostics2320 Sugarcone Road, Baltimore, MD 21209$414,075
Q Squared Solutions LLCClinical Laboratory4820 Emporor Blvd, Durham, NC 27703$377,030
Lynne Hughes Consulting Ltdclinical consulting1551 Sandspur Road, Maitland, FL 32751$304,972
ClinCloud LLCcLINICAL TRIALS-$303,501
Revenue and Support

Revenue Composition

Contributions and Grants
$308,735
Program Service Revenue
$6,213,316
Investment Income
$57
Other Revenue
$18,315
All Other Contributions
$308,735
Change in Net Assets
$-4,038,905
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,775,695
Salaries, Compensation, and Employee Benefits$3,782,251
Grants and Similar Amounts Paid$21,382
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$4,349,849$344,262-$4,694,111
Other Salaries and Wages$2,228,800--$2,228,800
Current Officers, Directors, Trustees, and Key Employees$1,081,215--$1,081,215
Conferences and Meetings$569,870--$569,870
Travel$515,555--$515,555
Advertising$344,829--$344,829
Information Technology$253,606--$253,606
Other Employee Benefits$240,441--$240,441
Payroll Taxes$231,795--$231,795
Office Expenses$170,283--$170,283
Fees for Services Legal$118,998--$118,998
Insurance$62,722--$62,722
Fees for Services Accounting$26,448--$26,448
Grants to Domestic Orgs$21,382--$21,382
Interest$11,433--$11,433
Payments to Affiliates$7,840--$7,840
Total Functional Expenses$10,235,066$344,262$0$10,579,328
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

form 990, Part VI, Line 11:

The form 990 was reviewed by one of the directors and chief executive officer. A copy was provided to the organization's governing body before it was filed with the irs.

form 990, Part VI, Line 12C:

Each director, principal officer and member of a committee with governing board delegated powers annually signs a statement which affirms that each has 1) receivied a copy of the conflicts of interest policy; 2) has read and understands the policy; 3) has agreed to comply with the policy; and lastly, understands that the organization is a non-profit public benefit corporation and, in order to maintain its federal exemption, it must engage primarily in activities which accomplish one or more of its tax-exempt purposes.

form 990, Part VI, Line 15A and 15B:

The board has a compensation committee that meets to review and approve compensation policies and compensation plans for officers. Officer compensation plans are reviewed and compared to comparable market data, environmental conditions and other impactful criteria.

form 990, Part VI, line 18:

The organization allows for normal review of its form 990 during normal business hours.

form 990, Part VI, line 19:

The organization make its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Global Alzheimer's Platform Foundation Inc
EIN
47-3290570
In Care Of
% THE ORGANIZATION
Phone
3014522111
Address
1930 18th St NW Suite B2 1017, Washington, DC 20009

Signing Officer

Name
John Dwyer
Title
President
Phone
3014522111
Signed
2025-03-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Dwyer
Formed
2015
Legal Domicile
Dc
Voting Board Members
6
Independent Board Members
6
Employees
60
Volunteers
0

Preparer

Firm
Withumsmithbrown Pc
Address
1411 BROADWAY 9TH FLOOR, NEW YORK, NY 10018
Preparer
Israel Tannenbaum CPA
Phone
2127519100
Supplemental Narrative

Additional Explanations

Form 990 Part IX Line 11G

Description:trial services total fees:2744571

Form 990 Part IX Line 11G

Description:contracted services total fees:1368454

Form 990 Part IX Line 11G

Description:consulting service total fees:447943

Form 990 Part IX Line 11G

Description:payroll processing total fees:100509

Form 990 Part IX Line 11G

Description:other services total fees:32634

Raw XML AppendixShowing 400 of 725 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/PersonNm7GEORGE VRADENBURG
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