Overview
What is Orcid Inc?
Orcid Inc, located in Bethesda, Maryland, serves as a nonprofit organization that focuses on creating a unified, central registry of unique identifiers for researchers and scholars worldwide. This registry aims to solve the problem of name ambiguity in research communications by establishing a reliable linking mechanism between Orcid and other research information systems. By providing an individual identifier for researchers, Orcid facilitates transparent and trustworthy connections between professionals, their contributions, and affiliations. This service simplifies information discovery and reporting, ultimately helping the research community to easily find and recognize each other's work. Orcid Inc employs around 10 individuals in its mission to revolutionize research communication by promoting a more open and transparent system.
Official website here: www.orcid.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 93% (Four-Star out of Four Star rating)
Orcid Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization boasts an impressive 93% score, indicating a high level of transparency and effective financial management. Key strengths include a fully independent board, robust audit and oversight practices, and a well-defined conflict of interest policy.
The nonprofit's financial health is also notable, with a program expense ratio of 69.48%, which signifies that a significant portion of expenditures directly supports its mission. Additionally, there is no record of material diversion of assets, showcasing the organization’s commitment to ethical practices. The liabilities to assets ratio of 52.06% suggests a solid balance between the organization’s debts and its financial resources.
While the overall performance is strong, continuous evaluation of its financial strategies and program effectiveness will be essential to maintain this positive trajectory. However, the current data does not highlight specific limitations, suggesting that Orcid Inc is managing its operations well and remains focused on its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Orcid Inc legitimate?
Orcid Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Orcid 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: $267,540
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,794,493
For more financial information, click here
Official website here: www.orcid.org
What is the mission statement of Orcid Inc?
Orcid Inc's mission is to provide a unique identifier for individuals involved in research, scholarship, and innovation activities. This identifier facilitates transparent and trustworthy connections between researchers, their contributions, and affiliations. Orcid Inc's open tools aim to simplify reporting and analysis, making it easier for others to find and access relevant information. The organization's primary goal is to help individuals and their work become more discoverable and manageable within the academic and research community.
Official website here: www.orcid.org
Who is the CEO of Orcid Inc?
Christian Shillum is the Principal Officer of Orcid Inc.
Official website here: www.orcid.org
What is the revenue of Orcid Inc?
Orcid Inc's revenue in 2022 was $6,102,191.
Official website here: www.orcid.org
Who are the executives of Orcid Inc and what are their salaries?
The average compensation at Orcid Inc during 2022 was $206,203. There are 10 employees at Orcid Inc.
Here are 21 key members and their salaries:
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- Compensation: $267,539
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- Other: $17,068
Official website here: www.orcid.org
Where can I find the form 990 for Orcid Inc?
Orcid Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.orcid.org
Learn more at the official website: www.orcid.org
Mission Statement of Orcid Inc
Orcid Inc, a nonprofit organization, is dedicated to facilitating open and transparent connections in the realm of research, scholarship, and innovation activities. By providing a unique identifier associated with an individual's name, Orcid Inc aims to simplify the process of finding and accessing information related to an individual's contributions and affiliations. This service offered by Orcid Inc is designed to streamline reporting and analysis, ultimately making it easier for researchers and scholars to showcase their accomplishments and collaborations.
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Impact
October, 2024
Orcid Inc. has significantly impacted the research community by addressing the critical issue of name ambiguity in scholarly communications. By creating a central registry of unique identifiers for individual researchers, Orcid provides a reliable and consistent way for scholars to ensure their contributions are accurately linked to their identities. This is especially important in a field where multiple researchers may share similar names or where a single researcher may change names or affiliations over their career.
The organization facilitates transparent connections between researchers, their contributions, and their affiliations, enhancing the visibility of scholarly work and fostering collaboration. With tools that streamline the reporting and analysis of research activities, Orcid enables better tracking of individual and institutional outputs, which is invaluable for academic institutions, funding agencies, and policymakers.
Ultimately, Orcid’s mission empowers researchers to take ownership of their professional identities, thus promoting integrity and trust in research communications. This initiative enhances the overall efficiency of the academic ecosystem by simplifying processes related to publication, funding applications, and institutional assessments.
This information is meant to be a general summary of Orcid 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: $49,567
- Program Service Revenue: $5,209,927
- Gross Receipts: $6,102,191
Assets and Liabilities:
- Total Assets: $5,931,906
- Total Liabilities: $3,088,415
- Net Assets: $2,843,491
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$5,209,927
Organization Details
Founding Year
2010
Phone
(301) 363-9090Principal Officer
Christian Shillum
Main Address
10411 MOTOR CITY DRIVE 750, BETHESDA, MD, 20817
Website
www.orcid.orgNTEE Category
Code: B99 - Education
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