Overview
What is Bioone?
BioOne is a nonprofit organization based in Washington, D.C., primarily known for its flagship product, BioOne Complete. This comprehensive database, licensed to educational and research institutions, offers access to 217 scholarly titles from 156 not-for-profit publishers. BioOne's mission revolves around fostering sustainable scholarly communications, serving as a bridge between authors, publishers, societies, academic institutions, research libraries, and research funders. By focusing on balanced economic models and strategic partnerships, BioOne aims to provide financially sustainable information services in the biological sciences. With a workforce of 10 employees, BioOne supports best practices that enhance operational efficiency and integrates its content with a global network of scholarly exchange.
Official website here: www.bioone.org
What are the reviews and ratings of this charity?
BioOne has received a Four-Star out of Four Star rating from Charity Navigator, reflecting a strong overall score of 94%. This high rating is entirely based on their Accountability & Finance beacon, which assesses the organization's fiscal responsibility and transparency. Although other areas like Impact & Measurement, Culture & Community, and Leadership & Adaptability haven't been scored, the available data indicates strong governance and financial health.
The organization boasts a high percentage of independent board members and full transparency in financial statements, as seen in their perfect scores across various accountability metrics, such as the presence of a conflict of interest policy and whistleblower policy. The program expense ratio stands at an impressive 82.38%, showcasing effective allocation of resources towards their mission-based activities.
Some minor concerns may arise due to the liabilities to assets ratio, which is at 58.45%, suggesting moderate financial leverage. However, this is balanced by the absence of any material diversion of assets and comprehensive documentation of board meeting minutes. With no user reviews available from GreatNonprofits, the general public's perception remains unrecorded.
This AI summary has been generated from information found on Charity Navigator.
Is Bioone legitimate?
Bioone is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bioone 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: $317,542
Professional Fundraising Fees: $0
Other Salaries and Wages: $613,153
For more financial information, click here
Official website here: www.bioone.org
What is the mission statement of Bioone?
BioOne views sustainable scholarly communications as a collaborative endeavor, connecting researchers, publishers, societies, academic institutions, research libraries, and research funders. Their mission is to maximize access to crucial research, balancing the needs of all stakeholders through economic models and strategic partnerships. BioOne supports best practices that enhance operational effectiveness and integrates its content with a global network of scholarly exchange, utilizing financially sustainable information services in the biological sciences. Their goal is to demonstrate a balance between the interests of all parties involved in scholarly communication.
Official website here: www.bioone.org
Who is the CEO of Bioone?
Lauren P Kane is the Board Director & Chair of Bioone. The CEO's salary of Bioone is $268,500 and their total compensation is $317,542.
Official website here: www.bioone.org
What is the revenue of Bioone?
Bioone's revenue in 2022 was $11,496,620.
Official website here: www.bioone.org
Who are the executives of Bioone and what are their salaries?
The average compensation at Bioone during 2022 was $93,070. There are 10 employees and 25 volunteers at Bioone.
Here are 15 key members and their salaries (Bioone's CEO's salary is $268,500 and their total compensation is $317,542):
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- Compensation: $268,500
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- Other: $49,042
- Compensation: $138,667
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- Other: $32,292
- Compensation: $128,810
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- Other: $34,792
Official website here: www.bioone.org
Where can I find the form 990 for Bioone?
Bioone's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bioone.org
Learn more at the official website: www.bioone.org
Mission Statement of Bioone
BioOne, a nonprofit organization, sees sustainable scholarly communications as a collaborative endeavor, connecting authors, publishers, societies, academic institutions, research libraries, and research funders. Their mission is to maximize access to critical research, balancing the needs of all stakeholders. BioOne explores various economic models and strategic partnerships to achieve this balance, currently demonstrating this through financially sustainable information services in the biological sciences. The organization supports best practices that enhance operational effectiveness and integrates its content with a global network of scholarly exchange, utilizing technological standards. BioOne's approach to scholarly communications emphasizes collaboration and balance, promoting the dissemination of critical research in the biological sciences.
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Impact
July, 2024
Bioone's impact lies in advancing sustainable scholarly communications within the field of biological sciences. By offering BioOne Complete, a full-text aggregated journal database, BioOne facilitates access to critical research for educational and research institutions. Through their revenue-sharing model, a majority of the sales revenue is returned to nonprofit publishers, fostering a collaborative environment among authors, publishers, societies, academic institutions, research libraries, and funders. BioOne's mission is to maximize access to vital research by exploring economic models and strategic partnerships that benefit all stakeholders. They support operational effectiveness and technological standards that integrate their content into a global network of scholarly exchange. In essence, Bioone plays a crucial role in promoting the dissemination of knowledge and fostering collaboration in the scientific community.
This information is meant to be a general summary of Bioone. 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: $169,650
- Program Service Revenue: $11,321,284
- Gross Receipts: $11,496,620
Assets and Liabilities:
- Total Assets: $12,202,506
- Total Liabilities: $7,571,562
- Net Assets: $4,630,944
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PUBLICATIONS
Revenue
$11,242,141
ANCILLARY REVENUE
Revenue
$50,568
OPEN ACCESS INCOME
Revenue
$28,223
REFERRAL FEES
Revenue
$352
Organization Details
Founding Year
1999
Phone
(202) 296-2296Principal Officer
Lauren P Kane
Main Address
21 DUPONT CIRCLE NW 800, WASHINGTON, DC, 200361118
Website
www.bioone.orgNTEE Category
Code: U40 - Science research
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