PREVENT ALZHEIMERS DISEASE 2020 INC

EIN: 270425749 501(c)(3) Medical Research

Potomac, MD

Total Revenue
$357,136
Total Expenses
$471,717
Total Assets
$1,214
Net Assets
$1,214
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
MD
Principal Officer
ARA KHACHATURIAN
Phone
3013096730
Tax Period
2023-01-01 to 2023-12-31

PREVENT ALZHEIMERS DISEASE 2020 INC, founded in 2009, is a small nonprofit in the Medical Research sector that reported $357K in total revenue in fiscal year 2023. Expenses of $472K exceeded revenue, resulting in a 32% operating deficit.

Mission

PAD2020 was created to rally national support and focus on increasing research and knowledge to prevent Alzheimers disease and other neurodegenerative diseases that affect the memory movement or mood of individuals.

Program Service Accomplishments

Program 1
Expenses: $333,788 Revenue: $0

In the United States two major regulatory hurdles must be overcome for affordable and accessible tools to be developed and deployed for diagnosing assessing and monitoring those at risk of or with...

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In the United States two major regulatory hurdles must be overcome for affordable and accessible tools to be developed and deployed for diagnosing assessing and monitoring those at risk of or with cognitive disorders. The FDA and CMS have two different regulatory missions. Developers of new clinical interventions and tools must demonstrate the effectiveness and clinical relevance of their outcomes. They also need to consider factors such as reimbursement and quality. To address these challenges the Campaign to Prevent Alzheimers Disease launched a task force to review recommendations and develop new project proposals. The group titled "The Campaign to Prevent Alzheimers Disease Work Group on Community-Based Detection and Assessment of Cognitive Decline," identified different pathways of community-based detection using electronic health records from different international healthcare systems to detect and monitor individuals with early cognitive impairment. The recommendations aim to guide future sustainability activities public policy campaigns and implementation pilots.

Program 2
Expenses: $47,172 Revenue: $0

Alzheimers disease poses a significant burden on a global scale which has led to an enormous investment in research to find a cure. However despite these efforts there are very few medications...

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Alzheimers disease poses a significant burden on a global scale which has led to an enormous investment in research to find a cure. However despite these efforts there are very few medications available for people with dementia. The search for new interventions for Alzheimers disease is challenging because the exact relationship between the symptoms of the disease and its neurobiology is not yet fully understood. The diseases heterogeneity complex biological and environmental interactions multiple nonlinear timescales and a lack of modeling systems to integrate complex relationships further complicate this effort. To address these challenges the Calcium System Theory of Alzheimers Disease CAST-AD workgroup aims to design a unified systems theory. The group aims to create new foundational models to study protein dynamics and aggregation in neurodegenerative diseases. These models will be trained using supercomputing and hybrid super- and quantum-computing to simulate large data sets of proteins. The project will establish and validate foundational models using proteins such as bioluminescent enzymes to provide an easy functional readout. The group will then apply these models to crucial proteins and peptides involved in neurodegenerative diseases.

Program 3
Expenses: $24,222 Revenue: $0

Brain vascular diseases are linked to the onset of dementia. PAD 20 20 coordinated a global task force to assess the efficacy of utilizing approved vascular health interventions to prevent or treat...

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Brain vascular diseases are linked to the onset of dementia. PAD 20 20 coordinated a global task force to assess the efficacy of utilizing approved vascular health interventions to prevent or treat dementia. Evidence shows that modifying lifestyle factors such as physical activity healthy diet and proper sodium intake can improve vascular health and offer an opportunity for brain health. The initiative aims to identify tangible opportunities to provide financial or technical resources to sustain multi-year activities and evaluate approaches that may accelerate the development of new interventions. The project will focus on developing strategies to provide affordable accessible and equitable dementia prevention through widely prescribed medications for various vascular and metabolic disorders. There is a clear need for robust clinical evidence to support this public health approach.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $357,136
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $357,136

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $405,182
Other Expenses $471,717
TOTAL EXPENSES $471,717

Year-over-Year Comparison

2023 2022 Change
Revenue $357,136 $357,136 N/A
Expenses $471,717 $471,717 N/A
Net Income $-114,581 $-114,581 N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
75

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ZAVEN KHACHATURIAN CHAIR PRESIDENT 20.00
Officer Director
$0 $0 $0
ARA KHACHATURIAN EVP TREASURER 20.00
Officer Director
$0 $0 $0
PETER SNYDER DIRECTOR 1.00
Director
$0 $0 $0
KATE HAYDEN DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $357,136 $471,717 $1,214 $-114,581
2022 $631,438 $521,200 $115,795 $110,238
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