Digital Therapeutics Alliance Incorporated
- Assets
- $959.5k
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 15
- Location
- Arlington, VA
- Founding
- 02/2018
- Data as of
- 12/2023
- EIN
- 82-3007597
Organization Overview
Digital Therapeutics Alliance Incorporated is located in Arlington, VA. The organization was established in 2018. According to its NTEE Classification (E03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Health Care and related organizations. As of 12/2023, Digital Therapeutics Alliance Incorporated employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Digital Therapeutics Alliance Incorporated is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE FOR WHICH THE CORPORATION IS TO BE FORMED IS TO ADVANCE THE BUSINESS INTERESTS OF THE DIGITAL THERAPEUTIC (DTX) INDUSTRY BY PROVIDING A DEDICATED FORUM FOR STAKEHOLDERS TO: 1. ESTABLISH INDUSTRY FRAMEWORKS AND STANDARDS; 2. ENHANCE THE DELIVERY AND QUALITY OF PATIENT CARE; 3. ASSESS THE VALUE AND IMPACT OF DTX SOLUTIONS; 4. GUIDE, STRENGTHEN, AND SUPPORT DTX SOLUTION INDUSTRY INTEGRATION AND UTILIZATION; 5. SUPPORT THE DEVELOPMENT AND IMPLEMENTATION OF DTX REGULATORY POLICIES; 6. ENGAGE AND PRODUCE THOUGHT LEADERSHIP RELEVANT TO THE INDUSTRY; AND 7. CONDUCT AND SUPPORT SCIENTIFIC RESEARCH REGARDING CLINICAL OUTCOMES AFFECTING THE DTX INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALLIANCE MEMBERS WORK TO ENABLE EXPANDED ACCESS TO HIGH QUALITY, EVIDENCE- BASED DIGITAL THERAPEUTICS FOR PATIENTS, HEALTHCARE PROVIDERS, AND PAYORS IN ORDER TO IMPROVE CLINICAL AND HEALTH ECONOMIC OUTCOMES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Molnar CEO | OfficerTrustee | 40 | $159,209 |
Jessica Hauflaire COO | Officer | 40 | $120,448 |
Hazel Nugent VP Of Busine | 40 | $113,382 | |
Megan Coder Chief Policy | Officer | 40 | $61,667 |
Everett Crosland Director | Trustee | 3 | $0 |
Anand Iyer Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $67,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $67,500 |
| Total Program Service Revenue | $1,801,094 |
| Investment income | $18,989 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,897,209 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $390,140 |
| Compensation of current officers, directors, key employees. | $66,324 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $776,960 |
| Pension plan accruals and contributions | $13,777 |
| Other employee benefits | $93,027 |
| Payroll taxes | $90,462 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $11,425 |
| Fees for services: Accounting | $38,741 |
| Fees for services: Lobbying | $169,694 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,825 |
| Advertising and promotion | $29,561 |
| Office expenses | $149,166 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $103,482 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $11,168 |
| All other expenses | $0 |
| Total functional expenses | $1,965,267 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $716,607 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $210,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $30,050 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $494 |
| Other assets | $2,375 |
| Total assets | $959,526 |
| Accounts payable and accrued expenses | $32,432 |
| Grants payable | $0 |
| Deferred revenue | $705,667 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $32,454 |
| Total liabilities | $770,553 |
| Net assets without donor restrictions | $188,973 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $959,526 |