Digital Therapeutics Alliance Incorporated
- Assets
- $1.2m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 7
- Location
- Arlington, VA
- Founding
- 02/2018
- Data as of
- 12/2021
- 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 12/2021, Digital Therapeutics Alliance Incorporated employed 7 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
2021
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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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Molnar CEO | OfficerTrustee | 40 | $78,835 |
Megan Coder Executive Di | OfficerTrustee | 40 | $76,849 |
Peter Hames Director | Trustee | 20 | $0 |
Anand Iyer Director | Trustee | 20 | $0 |
Scott Kennedy Director | Trustee | 6 | $0 |
Eddie Martucci Director | Trustee | 25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $0 |
| Total Program Service Revenue | $1,119,518 |
| Investment income | $347 |
| 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 | $1,119,865 |
| 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. | $155,684 |
| Compensation of current officers, directors, key employees. | $15,569 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $345,828 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $39,019 |
| Payroll taxes | $41,873 |
| Fees for services: Management | $168,720 |
| Fees for services: Legal | $3,359 |
| Fees for services: Accounting | $7,781 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $30,426 |
| Office expenses | $60,580 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $17,045 |
| 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 | $23,380 |
| Insurance | $3,631 |
| All other expenses | $0 |
| Total functional expenses | $904,732 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,049,919 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $143,204 |
| 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 | $19,286 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $16,080 |
| Other assets | $0 |
| Total assets | $1,228,489 |
| Accounts payable and accrued expenses | $17,118 |
| Grants payable | $0 |
| Deferred revenue | $583,549 |
| 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 | $2,249 |
| Total liabilities | $602,916 |
| Net assets without donor restrictions | $625,573 |
| 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 | $1,228,489 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Association Of Public Health Laboratories Inc Silver Spring, MD | $22,041,513 | $89,928,640 |
American Society Of Health-System Pharmacists Bethesda, MD | $168,219,201 | $51,203,280 |
American Health Care Association And Subsidiary Washington, DC | $42,939,988 | $48,686,518 |
American Physical Therapy Association Alexandria, VA | $61,402,503 | $48,378,744 |
American College Of Obstetricians And Gynecologists Washington, DC | $106,112,762 | $64,499,818 |
American Pharmacists Association Washington, DC | $163,886,868 | $44,521,432 |
American Nurses Association Inc Silver Spring, MD | $72,047,526 | $33,274,226 |
National Association Of Childrens Hospital And Related Institutions Washington, DC | $129,313,033 | $43,392,577 |
American Society Of Nephrology Inc Washington, DC | $85,761,942 | $25,981,219 |
American Academy Of Physician Assistants Inc Alexandria, VA | $37,287,618 | $27,625,692 |
American College Of Cardiology Washington DC, DC | $26,183,566 | $22,719,539 |
Inteleos Inc Rockville, MD | $32,845,295 | $22,272,496 |