Davidson Institute For Talent Development is a 501(c)(3) organization based in Incline Vlg, Nevada, registered in 2025, with $25,180,530 in FY2024 revenue. CharityIndex grades it C+, and it directs about 79% of spending to programs.
Revenue (FY2024)
$25.2M
▼ 89.7% vs prior year
Education median: $200K
Expenses (FY2024)
$15.3M
Net assets
$220.1M
Employees
115
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Davidson Institute For Talent Development: 79% to programs · $0 to raise $100 earns a B+ on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Davidson Institute For Talent Development: 173 mo reserves · +39% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Davidson Institute For Talent Development: 1 of 6 checks met earns a D on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Davidson Institute For Talent Development: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Provide support for the nation's profoundly gifted youth
Davidson academy online, llc, a subsidiary of davidson institute, is an online school for the profoundly gifted servicing 95 - 105 students from 8th - 12th grade throughout the u.s. davidson academy online charges out-of-state students of the online campus with annual tuition up to $16,200 per year for full-time high school credits. discounted tuition is available based on financial need.
In furtherance of its objective to serve gifted youth, the davidson institute for talent development operates a tuition-free, public school for profoundly gifted middle and high school students. davidson academy is a "university school for profoundly gifted pupils" that was established pursuant to legislation enacted by the nevada legislature in 2005 (nrs chapter 392a). davidson academy is located on the campus of the university of nevada, reno and has an enrollment (as of spring 2024) of 167 students and 100 online students. students are admitted solely on the basis of meeting certain minimum criteria set forth in the nevada statute. the majority of the students also participate in other programs of the institute such as the young scholars program. although designated as a public school, davidson academy receives less than one third of its operating budget from public sources (the state of nevada).
The davidson institute fellows award ceremony is a one-day event held in boston to recognize and honor young people selected as davidson fellows who will receive either a $25,000, $50,000 or $100,000 scholarship commitment to further the development of their talent through attendance at an accredited academic institution of learning.the purpose of this event is to recognize the outstanding achievements of highly intelligent young people who have demonstrated the development of their talents with a significant piece of work. this award program seeks to recognize and award the truly extraordinary in recognized areas of science, technology, mathematics, literature, philosophy, and music as well as outside the box ideas. each submission must be a piece of original work recognized by experts in the field as significant and it must have the potential to make a positive contribution to society. each submission is evaluated on its scope and quality, level of significance and the applicant's depth of knowledge and understanding of the work and the related domain area.once the independent team of judges, who are professionals with expertise in the domain areas submitted, have identified a small group of finalists, each finalist is named as a davidson fellow and receives either a $25,000, $50,000 or $100,000 scholarship, as determined by the judges using the selection criteria. individuals named as davidson fellows are then honored at a hosted reception in september each year. travel and other hotel costs are paid by the davidson institute for talent development. typically, 17 to 20 davidson fellows are selected each year. the davidson fellows award is not a competition, but rather recognition of extraordinary achievement.
Revenue grew from $8.1M (FY2020) to $25.2M (FY2024) across 5 reported years.
Financial snapshot
Operating margin
39.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$222.7M
Total liabilities
$2.5M
Net assets
$220.1M
Salaries & benefits
$9.8M
64% of expenses
Board members
5
2 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $25,180,530▼89.7% | $15,303,470▲15.8% | $220,128,192▲4.7% | $222,652,201▲5.0% | 990 |
| 2023 | $244,753,551▲2437% | $13,216,287▲28.2% | $210,251,132▲159364% | $212,091,654▲10892% | 990PF |
| 2022 | $9,646,594▼1.3% | $10,306,258▲14.7% | $131,849▼83.3% | $1,929,428▼23.4% | 990PF |
| 2021 | $9,777,712▲20.6% | $8,986,113▲4.8% | $791,513▲920464% | $2,518,963▲23.5% | 990PF |
| 2020 | $8,109,259 | $8,570,547 | -$86 | $2,040,449 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: Colleen Harsin — $275,209 (1.80% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Colleen Harsin | Exec Director Davidson Academy | 40 | $275,209 |
| Eamonn O'brien | Director of It | 40 | $212,292 |
| Ashley Zahn | Exec Director Davidson Academy Online | 40 | $184,538 |
| Dee Carey | Hr Director | 40 | $181,615 |
| Aimee Cummins | Exec Director Institute | 40 | $169,114 |
| Katie Glensor | Exec Director Institute | 40 | $169,113 |
| Erin Vienneau | Instructor | 40 | $123,290 |
| James Bondarchuck | Instructor | 40 | $112,953 |
| Natasha Maximoff | Instructor | 40 | $108,117 |
| John Goodman | Board Member | 1 | — |
| Karin Dixson | Secretary | 2 | — |
| Leslie Davidson | Board Member | 1 | — |
| Mark R Herron | President | 1 | — |
| Robert M Davidson | Vice President | 1 | — |
| Contractor | Services | Paid |
|---|---|---|
| Lakeshore Investments I LLC | Investment Management | $731,951 |
| Davidson Group | Investment Management | $620,735 |
| Ubs | Investment Management | $482,951 |
| Educational Consultants | Curriculum Design | $105,552 |
11 grants to Davidson Institute For Talent Development totaling $217K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Online Giving Foundation Inc | General support | 2024 | $21,707 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $33,000 |
| American Online Giving Foundation Inc | General support | 2023 | $9,702 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $27,750 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $30,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $30,500 |
| Silicon Valley Community Foundation | Education | 2021 | $20,000 |
| American Online Giving Foundation Inc | General support | 2021 | $5,770 |
| Silicon Valley Community Foundation | Education | 2020 | $22,500 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2020 | $6,000 |
| Donor Advised Charitable Giving | Education | 2016 | $10,000 |
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Data for Davidson Institute For Talent Development (EIN 88-0427864) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.