Overview
What is Chor Inc?
Chor Inc, also known as Chorus Inc., is a nonprofit organization based in Staten Island, New York. Established with the primary objective of promoting educational endeavors, Chor Inc. aims to lessen governmental burdens by providing free access to scholarly publications reporting on research funded by the United States federal government. They leverage technology and platforms used by scholarly publishing organizations to achieve this mission. Chor Inc. offers additional paid services, such as the Japan Dashboard Services and Institution Dashboard Services, which further support their goal of making information about the accessibility of content reporting on funded research widely available. The organization currently employs a team of four individuals.
Official website here: www.chorusaccess.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Stars)
Chor Inc has received a solid Three-Star rating from Charity Navigator, reflecting a robust overall performance in terms of accountability and finance. The organization boasts an impressive 94% independent board membership and perfect scores in areas such as audit and oversight, conflict of interest policies, and document retention. These factors suggest strong governance practices, which are essential for maintaining transparency and trust with donors.
The financial health of Chor Inc is largely commendable, with a program expense ratio of 81.58%, indicating that a significant portion of its expenses directly supports its programs. However, the liabilities to assets ratio of 67.95% raises some concern, suggesting that the organization may have a relatively high level of liabilities compared to its assets. This could potentially impact its financial stability in the long term.
Overall, Chor Inc demonstrates positive attributes in governance and program spending, making it a reliable choice for potential donors. Nonetheless, attention to its financial leverage will be essential for ensuring sustainable operations in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Chor Inc legitimate?
Chor Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chor 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: $234,510
Professional Fundraising Fees: $0
Other Salaries and Wages: $88,174
For more financial information, click here
Official website here: www.chorusaccess.org/
What is the mission statement of Chor Inc?
Chor Inc's mission is centered around increasing public access to peer-reviewed publications that report on federally funded research. Operating primarily for educational purposes and aiming to lessen government burdens, Chor supports and promotes free access to scholarly publications, funded by the United States federal government and potentially other funding agencies in the future. This is achieved by leveraging technology and platforms used by scholarly publishing organizations. Chor provides additional paid services such as the Japan Dashboard Services and Institution Dashboard Services, which further their mission by providing information about the accessibility of content reporting on funded research.
Official website here: www.chorusaccess.org/
Who is the CEO of Chor Inc?
Howard Ratner is the Executive Director of Chor Inc.
Official website here: www.chorusaccess.org/
What is the revenue of Chor Inc?
Chor Inc's revenue in 2022 was $855,061.
Official website here: www.chorusaccess.org/
Who are the executives of Chor Inc and what are their salaries?
The average compensation at Chor Inc during 2022 was $80,671. There are 4 employees and 15 volunteers at Chor Inc.
Here are 16 key members and their salaries:
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Official website here: www.chorusaccess.org/
Where can I find the form 990 for Chor Inc?
Chor Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.chorusaccess.org/
Learn more at the official website: www.chorusaccess.org/
Mission Statement of Chor Inc
Chor Inc, a nonprofit organization, is dedicated to increasing public access to peer-reviewed publications reporting on federally funded research. Their mission is primarily focused on reducing the burdens of government and promoting free access to scholarly publications. By leveraging technology and platforms used by scholarly publishing organizations, Chor Inc aims to ensure the continued availability of such publications. Their activities are exclusively for educational purposes and are designed to make scholarly publications reporting on research funded by the United States federal government more accessible to the public. They offer paid services, such as the Japan Dashboard Services and Institution Dashboard Services, which further their mission of providing information about the accessibility of content reporting on funded research.
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Impact
July, 2024
Chor Inc's impact lies in increasing public access to peer-reviewed publications that report on federally funded research. By providing educational resources and leveraging technology to promote free access to scholarly publications, Chor Inc plays a crucial role in lessening the burdens on government agencies and facilitating the dissemination of research findings to a wider audience. Through their mission-driven activities, Chor Inc contributes to the advancement of knowledge and supports the accessibility of valuable information in the academic community.
This information is meant to be a general summary of Chor 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: $393
- Program Service Revenue: $57,353
- Gross Receipts: $855,061
Assets and Liabilities:
- Total Assets: $1,373,142
- Total Liabilities: $1,248,030
- Net Assets: $125,112
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICES
Revenue
$57,353
Organization Details
Founding Year
2013
Phone
(917) 251-9235Principal Officer
Howard Ratner
Main Address
72 DREYER AVENUE, STATEN ISLAND, NY, 10314
Website
www.chorusaccess.org/NTEE Category
Code: B05 - Education
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