Overview
What is Open Source Imaging Consortium Inc?
Open Source Imaging Consortium Inc is a nonprofit organization located in Saugatuck, Michigan. Their primary objective is to create a substantial repository of anonymized image scans and clinical data, utilizing machine learning to develop algorithms. This endeavor aims to promote the incorporation of these algorithms into commercial analysis tools. The consortium brings together radiologists, clinicians, and computational scientists globally to develop digital imaging biomarkers for accurate diagnosis, prognosis, and prediction of treatment response, particularly for idiopathic pulmonary fibrosis and fibrotic interstitial lung diseases, which are currently challenging to diagnose and treat.
Official website here: www.osicild.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Stars)
The Open Source Imaging Consortium Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The score is derived entirely from the Accountability & Finance beacon, which highlights the organization's strong commitment to transparency and effective management, particularly with a fully independent board and no material diversion of assets.
Strengths of the organization include a fully independent board of members, efficient financial practices reflected in low liabilities relative to assets, and a notable working capital ratio. The charity's commitment to accountability is evidenced by its documentation practices, including board meeting minutes and a conflict of interest policy, which are all in place and well-managed.
However, the organization shows room for improvement in fundraising efficiency, with a high cost relative to the amount raised. While its program expense ratio is commendable, the overall fundraising performance suggests that additional strategies could enhance its revenue generation efforts moving forward.
This AI summary has been generated from information found on Charity Navigator.
Is Open Source Imaging Consortium Inc legitimate?
Open Source Imaging Consortium Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Open Source Imaging Consortium 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.
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Official website here: www.osicild.org
What is the mission statement of Open Source Imaging Consortium Inc?
The Open Source Imaging Consortium Inc aims to unite radiologists, clinicians, and computational scientists globally to establish digital imaging biomarkers for precise diagnosis, prognosis, and prediction of treatment response in conditions like idiopathic pulmonary fibrosis and fibrotic interstitial lung diseases. Currently, these conditions are challenging to diagnose and treat before irreversible damage occurs. The consortium plans to assemble a large repository of anonymized image scans and clinical data, utilizing machine learning to develop algorithms. The ultimate goal is to integrate these algorithms into commercial analysis tools, thereby enhancing diagnostic capabilities.
Official website here: www.osicild.org
Who is the CEO of Open Source Imaging Consortium Inc?
Christian Wolfrum is the President of Open Source Imaging Consortium Inc.
Official website here: www.osicild.org
What is the revenue of Open Source Imaging Consortium Inc?
Open Source Imaging Consortium Inc's revenue in 2022 was $2,580,057.
Official website here: www.osicild.org
Who are the executives of Open Source Imaging Consortium Inc and what are their salaries?
There 10 volunteers at Open Source Imaging Consortium Inc.
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Official website here: www.osicild.org
Where can I find the form 990 for Open Source Imaging Consortium Inc?
Open Source Imaging Consortium Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.osicild.org
Learn more at the official website: www.osicild.org
Mission Statement of Open Source Imaging Consortium Inc
Open Source Imaging Consortium Inc is an organization that aims to unite radiologists, clinicians, and computational scientists globally. Their mission is to pioneer the development of digital imaging biomarkers for precise imaging-based diagnosis, prognosis, and prediction of therapy response. Specifically, they focus on catalyzing the discovery of widely applicable diagnostic criteria for idiopathic pulmonary fibrosis and fibrotic interstitial lung diseases. These conditions are currently challenging to diagnose and treat before irreversible and often fatal progression occurs.
To accomplish this, Open Source Imaging Consortium Inc is building a comprehensive repository of around 15,000 anonymized image scans and clinical data. Utilizing machine learning, they aim to create algorithms that can potentially be incorporated into commercial analysis tools. By promoting the use of these algorithms, the consortium hopes to improve the accuracy of diagnosis and treatment for these lung diseases, ultimately benefiting patients and healthcare providers alike.
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Impact
July, 2024
Open Source Imaging Consortium Inc's impact lies in its ability to bring together radiologists, clinicians, and computational scientists from around the world to develop digital imaging biomarkers for accurate imaging-based diagnosis, prognosis, and prediction of response to therapy. Through the creation of a rich repository of approximately 15,000 anonymized image scans and clinical data, and the utilization of machine learning to develop algorithms, the organization aims to promote the incorporation of these algorithms into commercial analysis tools.
Specifically, Open Source Imaging Consortium Inc's mission is to catalyze the discovery of widely usable diagnostic criteria by defining digital imaging biomarkers for idiopathic pulmonary fibrosis and fibrotic interstitial lung diseases, which are currently extremely difficult to diagnose and treat before permanent, and often fatal, disease progression has occurred. By focusing on these challenging medical conditions, the organization is contributing to advancements in healthcare and the development of more effective diagnostic and treatment methods in the field of pulmonary health.
This information is meant to be a general summary of Open Source Imaging Consortium 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.
- Gross Receipts: $2,580,057
Assets and Liabilities:
- Total Assets: $4,326,040
- Total Liabilities: $432,217
- Net Assets: $3,893,823
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Organization Details
Founding Year
2018
Phone
(775) 527-0160Principal Officer
Christian Wolfrum
Main Address
3385 BLUE STAR HWY, SAUGATUCK, MI, 494539724
Website
www.osicild.orgNTEE Category
Code: E03 - Health
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