Nonprofit · EIN 88-0427864
DAVIDSON INSTITUTE FOR TALENT DEVELOPMENT
Tax-exempt · INCLINE VLG, NV 89451
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $25,180,530 | $15,303,470 | $9,877,060 | $222,652,201 | $2,524,009 | $220,128,192 |
| June 30, 2024 | 990-PF | $244,753,551 | $13,216,287 | $231,537,264 | $212,091,654 | $1,840,522 | $210,251,132 |
| June 30, 2023 | 990-PF | $9,646,594 | $10,306,258 | -$659,664 | $1,929,428 | $1,797,579 | $131,849 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $12,868,618
- of which government grants
- $1,600,416
- Program service revenue
- $1,700,368
- Investment income
- $10,602,357
- Net gain from sales of assets
- $3,042,573
- Other revenue
- $9,187
Expenses
- Grants and similar amounts paid
- $811,011
- Compensation of officers, directors and key employees
- $959,396
- Other salaries and wages
- $6,664,654
- Salaries, compensation and benefits (total)
- $9,756,729
- Professional fundraising fees
- $0
- Legal fees
- $43,038
- Accounting fees
- $180,994
- Occupancy
- $402,446
- Travel
- $501,005
- Depreciation
- $52,038
- Program services (functional)
- $12,146,647
- Management and general (functional)
- $3,156,823
Balance sheet and other
- Total assets, start of year
- $212,091,654
- Total assets, end of year
- $222,652,201
- Total liabilities, end of year
- $2,524,009
- Net assets, end of year
- $220,128,192
- Land, buildings and equipment
- $709,187
- Publicly traded securities
- $166,514,780
- Gross receipts
- $51,814,084
- Employees
- 115
- Volunteers
- 10
- Year formed
- 1999
- State of legal domicile
- NV
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| COLLEEN HARSIN | EXEC DIRECTOR DAVIDSON ACADEMY Trustee or director | 40 | $275,209 | $43,430 |
| EAMONN O'BRIEN | DIRECTOR OF IT Highest-paid employee | 40 | $212,292 | $40,617 |
| DEE CAREY | HR DIRECTOR Highest-paid employee | 40 | $181,615 | $38,812 |
| ASHLEY ZAHN | EXEC DIRECTOR DAVIDSON ACADEMY ONLINE Key employee | 40 | $184,538 | $30,057 |
| AIMEE CUMMINS | EXEC DIRECTOR INSTITUTE Key employee | 40 | $169,114 | $37,804 |
| KATIE GLENSOR | EXEC DIRECTOR INSTITUTE Key employee | 40 | $169,113 | $36,910 |
| ERIN VIENNEAU | INSTRUCTOR Highest-paid employee | 40 | $123,290 | $19,574 |
| JAMES BONDARCHUCK | INSTRUCTOR Highest-paid employee | 40 | $112,953 | $16,902 |
| NATASHA MAXIMOFF | INSTRUCTOR Highest-paid employee | 40 | $108,117 | $16,736 |
| MARK R HERRON | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| ROBERT M DAVIDSON | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| KARIN DIXSON | SECRETARY Officer | 2 | $0 | $0 |
| JOHN GOODMAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| LESLIE DAVIDSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
990-PF for the year ended June 30, 2024: 9 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| COLLEEN HARSIN 9665 GATEWAY DRIVE STE B, RENO, NV 89521 | BOARD MEMBER/ACADEMY DIRECTOR | 40 | $296,146 | $44,046 |
| AIMEE CUMMINGS 9665 GATEWAY DRIVE STE B, RENO, NV 89521 | INSTITUTE DIRECTOR Highest-paid employee | 40 | $164,711 | $38,393 |
| KATIE GLENSOR 9665 GATEWAY DRIVE STE B, RENO, NV 89521 | INSTITUTE DIRECTOR Highest-paid employee | 40 | $164,711 | $38,113 |
| ASHLEY ZAHN 9665 GATEWAY DRIVE STE B, RENO, NV 89521 | ACADEMY DIRECTOR Highest-paid employee | 40 | $164,154 | $29,183 |
| ERIN VIENNEAU 9665 GATEWAY DRIVE STE B, RENO, NV 89521 | ACADEMY INSTRUCTOR Highest-paid employee | 40 | $118,970 | $17,181 |
| ELIZABETH WALENTA 9665 GATEWAY DRIVE STE B, RENO, NV 89521 | ACADEMY INSTRUCTOR Highest-paid employee | 40 | $103,055 | $24,296 |
| KARIN DIXSON 800 SOUTHWOOD BLVD SUITE 204, INCLINE VILLAGE, NV 89451 | SECRETARY | 5 | $0 | $0 |
| ROBERT DAVIDSON 800 SOUTHWOOD BLVD SUITE 204, INCLINE VILLAGE, NV 89451 | TREASURER/BOARD MEMBER | 1.5 | $0 | $0 |
| MARK HERRON 800 SOUTHWOOD BLVD SUITE 204, INCLINE VILLAGE, NV 89451 | PRESIDENT/BOARD MEMBER | 5 | $0 | $0 |
990-PF for the year ended June 30, 2023: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| COLLEEN HARSIN 9665 GATEWAY DRIVE STE B, RENO, NV 89521 | ACADEMY DIRECTOR Highest-paid employee | 40 | $215,193 | $24,860 |
| AIMEE CUMMINGS 9665 GATEWAY DRIVE STE B, RENO, NV 89521 | INSTITUTE DIRECTOR Highest-paid employee | 40 | $162,630 | $24,860 |
| KATIE GLENSOR 9665 GATEWAY DRIVE STE B, RENO, NV 89521 | INSTITUTE DIRECTOR Highest-paid employee | 40 | $162,625 | $24,860 |
| ASHLEY ZAHN 9665 GATEWAY DRIVE STE B, RENO, NV 89521 | ACADEMY DIRECTOR Highest-paid employee | 40 | $162,115 | $1,375 |
| ERIN VIENNEAU 9665 GATEWAY DRIVE STE B, RENO, NV 89521 | ACADEMY INSTRUCTOR Highest-paid employee | 40 | $102,786 | $8,217 |
| KARIN DIXSON 800 SOUTHWOOD BLVD SUITE 204, INCLINE VILLAGE, NV 89451 | SECRETARY | 5 | $37,896 | $1,435 |
| ROBERT DAVIDSON 800 SOUTHWOOD BLVD SUITE 204, INCLINE VILLAGE, NV 89451 | TREASURER/BOARD MEMBER | 1.5 | $0 | $0 |
| MARK HERRON 800 SOUTHWOOD BLVD SUITE 204, INCLINE VILLAGE, NV 89451 | PRESIDENT/BOARD MEMBER | 5 | $0 | $0 |
| BRIAN KROLICKI 9665 GATEWAY DRIVE SUITE B, RENO, NV 89521 | BOARD MEMBER | 0.5 | $0 | $0 |
| ANNETTE WHITTEMORE 9665 GATEWAY DRIVE SUITE B, RENO, NV 89521 | BOARD MEMBER | 0.5 | $0 | $0 |
| ROGER DAVIDSON 9665 GATEWAY DRIVE SUITE B, RENO, NV 89521 | BOARD MEMBER | 0.5 | $0 | $0 |
| JHONE EBERT 9665 GATEWAY DRIVE SUITE B, RENO, NV 89521 | BOARD MEMBER | 0.5 | $0 | $0 |
| RICHARD TRACHOK 9665 GATEWAY DRIVE SUITE B, RENO, NV 89521 | BOARD MEMBER | 0.5 | $0 | $0 |
| LAURALYN LOVELL MCCARTHY SANDOVAL 9665 GATEWAY DRIVE SUITE B, RENO, NV 89521 | BOARD MEMBER | 0.5 | $0 | $0 |
| BRIAN SANDOVAL 9665 GATEWAY DRIVE SUITE B, RENO, NV 89521 | BOARD MEMBER | 0.5 | $0 | $0 |
| SUSAN ENFIELD 9665 GATEWAY DRIVE SUITE B, RENO, NV 89521 | BOARD MEMBER | 0.5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 800 SOUTHWOOD BLVD STE 204, INCLINE VLG, NV 89451-7475
- Principal officer (990 for 2024)
- MARK HERRON, 800 SOUTHWOOD BLVD 204, INCLINE VILLAGE, NV 89451
- Signed the 990
- MARK HERRON, PRESIDENT
- Phone
- (775) 832-8314
- Return prepared by
- BAKER TILLY ADVISORY GROUP LP
Mission
OUR MISSION IS TO RECOGNIZE THE NATION'S PROFOUNDLY GIFTED YOUTH AND SUPPORT THEM HOLISTICALLY SO THEY MAY REACH THEIR HIGHEST POTENTIAL.
Program accomplishments
- THE DAVIDSON INSTITUTE FOR TALENT DEVELOPMENT HOLDS FOUR SUMMER PROGRAMS FOR PROFOUNDLY GIFTED STUDENTS, AGES 8-11. THE FIVE-DAY RESIDENTIAL PROGRAM FOCUSES ON SUPPORTING ACADEMIC AND SOCIAL NEEDS. DAVIDSON SUMMER PARTICIPANTS ATTEND ACADEMIC SESSIONS TAUGHT BY DAVIDSON ACADEMY INSTRUCTORS, ATTEND ACADEMIC FIELD TRIPS ON OR NEAR CAMPUS, AND PARTICIPATE IN SOCIAL TEAM-BUILDING ACTIVITIES. PARTICIPANTS STAY IN THE UNIVERSITY'S RESIDENCE HALL, WHICH IS STAFFED BY PROGRAM STAFF MEMBERS 24 HOURS A DAY. STUDENTS SHARE A ROOM WITH OTHER PROGRAM PARTICIPANTS. ACADEMIC SESSIONS AND FIELD TRIPS DIFFER EVERY SUMMER.DAVIDSON INSTITUTE ALSO OFFERS TWO SUMMER RETREATS FOR DAVIDSON YOUNG SCHOLARS AND FAMILIES TO ATTEND A THREE-DAY IN-PERSON CONFERENCE ON THE UNIVERSITY OF NEVADA, RENO CAMPUS WITH GUEST SPEAKERS FROM THE PROFOUNDLY GIFTED COMMUNITY. TO BE ELIGIBLE TO REGISTER FOR THE DAVIDSON PROGRAMS, PARTICIPANTS MUST BE PART OF THE DAVIDSON YOUNG SCHOLARS PROGRAM. THE PROGRAM FEE COVER ROOM AND BOARD AND COST OF THE PLANNED PROGRAM ACTIVITIES. PARTICIPANTS ARE RESPONSIBLE FOR TRANSPORTATION TO AND FROM THE PROGRAM, AND POCKET MONEY. REGISTRATION ASSISTANCE BASED ON FINANCIAL NEED IS AVAILABLE.DAVIDSON INSTITUTE PROVIDES AN EXTENSIVE ONLINE PRESENCE OFFERING VIRTUAL SERVICES YEAR-ROUND TO YS STUDENTS AND PARENTS REGARDING CURRENT ISSUES IMPACTING PROFOUNDLY GIFTED YOUTH. THERE IS A SMALL AMOUNT OF GRANT MONEY AWARDED EACH YEAR, BASED ON FINANCIAL NEED, TO YOUNG SCHOLARS TO ASSIST WITH EDUCATIONAL NEEDS.Expenses $1,980,857 · grants $11,011 · revenue $462,530
- 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.Expenses $3,455,164 · revenue $1,126,038
- 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).Expenses $5,285,464 · revenue $111,800
- 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.Expenses $1,425,161 · grants $800,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-PF on file |
IRS record
- EIN
- 88-0427864
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2025
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B122)
- Assets (IRS master file)
- $222,652,201
- Income (IRS master file)
- $51,814,084
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $25,180,530 | $15,303,470 | $222,652,201 | XML |
| 990-PF | June 2024 | $244,753,551 | $13,216,287 | $212,091,654 | IRS |
| 990-PF | June 2023 | $9,646,594 | $10,306,258 | $1,929,428 | XML |
| 990-PF | June 2022 | – | – | – | IRS |
| 990-PF | June 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 88-0427864).
Questions about DAVIDSON INSTITUTE FOR TALENT DEVELOPMENT
- What is the EIN of DAVIDSON INSTITUTE FOR TALENT DEVELOPMENT?
- The employer identification number (EIN) of DAVIDSON INSTITUTE FOR TALENT DEVELOPMENT is 88-0427864.
- Is DAVIDSON INSTITUTE FOR TALENT DEVELOPMENT tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2025.
- Are donations to DAVIDSON INSTITUTE FOR TALENT DEVELOPMENT tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DAVIDSON INSTITUTE FOR TALENT DEVELOPMENT file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of DAVIDSON INSTITUTE FOR TALENT DEVELOPMENT due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did DAVIDSON INSTITUTE FOR TALENT DEVELOPMENT last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of DAVIDSON INSTITUTE FOR TALENT DEVELOPMENT?
- The 990 for the year ended June 30, 2025 names MARK HERRON.
- Who are the officers and directors of DAVIDSON INSTITUTE FOR TALENT DEVELOPMENT?
- The 990 for the year ended June 30, 2025 lists 14 people; 9 received compensation from the organization, the highest $275,209 (COLLEEN HARSIN, EXEC DIRECTOR DAVIDSON ACADEMY).
- How much revenue does DAVIDSON INSTITUTE FOR TALENT DEVELOPMENT have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $25,180,530, expenses of $15,303,470 and total assets of $222,652,201 at year end.
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- LAKE TAHOE SCHOOL EIN 86-0868862 · last filed 990 for 2025
- SAINT CLARES TAHOE A MOUNTAIN MONTESSORI SCHOOL EIN 83-1261298 · last filed 990 for 2024
- INCLINE BOOSTERS CLUB EIN 88-0232960 · last filed 990 for 2025
- INCLINE EDUCATION FUND EIN 85-3759623 · last filed 990 for 2025
- INCLINE VILLAGE NURSERY SCHOOL INC EIN 94-1728756 · last filed 990 for 2025
- LAKESHORE FOUNDATION EIN 46-3313924 · last filed 990-EZ for 2025
- INCLINE STAR FOLLIES INC EIN 88-0475096 · last filed 990-EZ for 2025