Overview
What is Ethics Resource Center Inc?
Ethics Resource Center Inc, based in Vienna, Virginia, is a distinguished nonprofit organization dedicated to fostering high-quality ethics and compliance programs. In 2021, they expanded their global reach by incorporating five additional countries into their Business Ethics Survey. Their initiatives include Talking the Walk, a monthly case study, and EthicStat, a learning point derived from their research. During consultations, the center supports organizations in upholding ethical standards and compliance processes. As a best practice community, ERC brings together professionals and academics from around the world, sharing innovative ideas and research findings. Their research, such as the National Business Ethics Survey and the Global Business Ethics Survey, provides insights into workplace integrity, ethical standards, and compliance practices in various institutions.
Official website here: www.ethics.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
The Ethics Resource Center Inc. has achieved a commendable 96% score on Charity Navigator, reflecting its exceptional accountability and financial management. The organization has earned a Four-Star rating, demonstrating that it meets high standards for transparency and effective governance, particularly highlighted by its composition of an entirely independent board and comprehensive oversight of financial activities.
Strengths for this nonprofit include its commitment to best practices, with 100% of its board members being independent, a full array of ethical policies in place, and a favorable liabilities to assets ratio of 39.53%. Furthermore, the organization allocates 77.5% of its expenses directly to programs, indicating a strong focus on its mission rather than administrative costs.
While the rating showcases significant strengths, it is important for potential donors to consider the context of this evaluation. The high score is based solely on accountability and finance metrics, which, while crucial, do not provide a complete picture of the organization’s overall impact or program effectiveness. Therefore, potential supporters may want to seek additional insights into the organization's programs and community outcomes to gain a fuller understanding of its efficacy.
This AI summary has been generated from information found on Charity Navigator.
Is Ethics Resource Center Inc legitimate?
Ethics Resource Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ethics Resource Center Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $621,692
Professional Fundraising Fees: $0
Other Salaries and Wages: $235,765
For more financial information, click here
Official website here: www.ethics.org
What is the mission statement of Ethics Resource Center Inc?
Ethics Resource Center Inc, through its initiative known as ECI, aims to foster a community of organizations committed to establishing and maintaining high-quality ethics and compliance programs. This community serves as a platform for ethics and compliance professionals and academics worldwide to exchange ideas, research, and innovative strategies. As the leading provider of independent research on workplace integrity, ethical standards, and compliance processes, ECI conducts surveys such as the National Business Ethics Survey and the Global Business Ethics Survey. By publishing research findings in various formats, ECI empowers organizations to build and sustain robust ethics and compliance programs.
Official website here: www.ethics.org
Who is the CEO of Ethics Resource Center Inc?
Patricia J Harned Phd is the Principal Officer of Ethics Resource Center Inc. The CEO's salary of Ethics Resource Center Inc is $338,364 and their total compensation is $368,705.
Official website here: www.ethics.org
What is the revenue of Ethics Resource Center Inc?
Ethics Resource Center Inc's revenue in 2022 was $1,676,410.
Official website here: www.ethics.org
Who are the executives of Ethics Resource Center Inc and what are their salaries?
The average compensation at Ethics Resource Center Inc during 2022 was $31,758. There are 27 employees at Ethics Resource Center Inc.
Here are 20 key members and their salaries (Ethics Resource Center Inc's CEO's salary is $338,364 and their total compensation is $368,705):
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- Compensation: $338,364
- Related: $3,418
- Other: $26,923
- Compensation: $156,734
- Related: $8,249
- Other: $19,526
- Compensation: $77,193
- Related: $77,193
- Other: $8,456
Official website here: www.ethics.org
Where can I find the form 990 for Ethics Resource Center Inc?
Ethics Resource Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ethics.org
Learn more at the official website: www.ethics.org
Mission Statement of Ethics Resource Center Inc
Ethics Resource Center Inc, also known as ECI, is dedicated to empowering organizations in building and sustaining high-quality ethics and compliance programs. This nonprofit serves as a best practice community, bringing together ethics and compliance professionals and academics from various parts of the world. Through this collective, they share innovative techniques, conduct groundbreaking research, and exchange exciting new ideas.
ECI is recognized as the leading provider of independent research regarding workplace integrity, ethical standards, and compliance processes and practices in both public and private institutions. Their research portfolio includes the long-standing National Business Ethics Survey (NBES) of workplace conduct in the United States and the more recent Global Business Ethics Survey (GBES) of workplaces in leading world economies. By publishing their research findings in various formats such as public summary reports, infographics, interactive graphics, and presentations, ECI contributes significantly to the global discourse on ethics and compliance in various industries.
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Impact
July, 2024
Ethics Resource Center Inc, through its Ethics & Compliance Initiative (ECI), plays a significant role in empowering organizations to build and sustain high-quality ethics and compliance programs. By bringing together professionals and academics from around the world, ECI facilitates the sharing of techniques, research, and innovative ideas in the field of workplace integrity and ethical standards. ECI is known for its independent research, including the National Business Ethics Survey (NBES) and the Global Business Ethics Survey (GBES), which provide valuable insights into workplace conduct in various industries.
In 2021, Ethics Resource Center Inc expanded the GBES to five additional countries and released resources such as "Talking the Walk," a monthly case study designed to spark conversations about ethics and compliance issues. Additionally, they introduced "EthicStat," a key learning point that companies can incorporate into their reports based on ERC research. By continuing to support organizations through fee-for-service consulting and promoting best practices in ethics and compliance, Ethics Resource Center Inc is making a positive impact on businesses worldwide.
This information is meant to be a general summary of Ethics Resource Center Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,028
- Program Service Revenue: $614,741
- Gross Receipts: $1,676,410
Assets and Liabilities:
- Total Assets: $4,216,763
- Total Liabilities: $1,667,232
- Net Assets: $2,549,531
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADVISORY SERVICE FEES
Revenue
$614,522
PRODUCT SALES
Revenue
$219
Organization Details
Founding Year
1942
Phone
(703) 647-2185Principal Officer
Patricia J Harned Phd
Main Address
2650 PARK TOWER DRIVE 802, VIENNA, VA, 22180
Website
www.ethics.orgNTEE Category
Code: A700 - Arts
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