Civic Intelligence

Orcid Inc.

990 • Fiscal year 2017 • EIN 27-5142743

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 07, 2018

10411 Motor City Drive No 750Bethesda, MD 20817

(301) 922-9062

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

92nd percentile

1.02x

Higher debt load relative to assets than 92% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

87th percentile

1.22x

Higher debt load relative to revenue than 87% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

10th percentile

-29%

Higher net margin than 10% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

92nd percentile

$234,671

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 7.8% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

9th percentile

-13%

Faster asset growth than 9% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

9th percentile

-28%

Faster revenue growth than 9% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$3,633,127

Down $552,249 (-13%) from 2016

Net Assets

Down

-$65,908

Down $885,909 (-108%) from 2016

Liabilities

Up

$3,699,035

Up $333,660 (+9.9%) from 2016

Revenue

Down

$3,023,297

Down $1,178,389 (-28%) from 2016

Expenses

Up

$3,909,207

Up $603,414 (+18%) from 2016

Net Income

Down

-$885,910

Down $1,781,803 (-199%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0-$5.0MAssets 2012: $1,613,271Liabilities 2012: $1,678,802Net Assets 2012: -$65,5312012Assets 2013: $2,089,328Liabilities 2013: $3,151,283Net Assets 2013: -$1,061,9552013Assets 2014: $1,424,334Liabilities 2014: $2,903,577Net Assets 2014: -$1,479,2432014Assets 2015: $3,253,611Liabilities 2015: $3,273,183Net Assets 2015: -$19,5722015Assets 2016: $4,185,376Liabilities 2016: $3,365,375Net Assets 2016: $820,0012016Assets 2017: $3,633,127Liabilities 2017: $3,699,035Net Assets 2017: -$65,9082017Assets 2018: $3,588,970Liabilities 2018: $4,067,524Net Assets 2018: -$478,5542018Assets 2019: $3,848,602Liabilities 2019: $4,143,816Net Assets 2019: -$295,2142019Assets 2020: $5,020,959Liabilities 2020: $4,585,073Net Assets 2020: $435,8862020Assets 2021: $5,342,879Liabilities 2021: $4,171,610Net Assets 2021: $1,171,2692021Assets 2022: $5,931,906Liabilities 2022: $3,088,415Net Assets 2022: $2,843,4912022Assets 2023: $6,044,436Liabilities 2023: $2,606,836Net Assets 2023: $3,437,6002023Assets 2024: $6,880,647Liabilities 2024: $2,490,256Net Assets 2024: $4,390,3912024

Highlighted filing

2017

Assets$3,633,127
Liabilities$3,699,035
Net Assets-$65,908

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2012: $632,1572012Revenue 2013: $509,251Expenses 2013: $1,505,675Net Income 2013: -$996,4242013Revenue 2014: $1,119,278Expenses 2014: $1,536,566Net Income 2014: -$417,2882014Revenue 2015: $4,536,445Expenses 2015: $3,076,774Net Income 2015: $1,459,6712015Revenue 2016: $4,201,686Expenses 2016: $3,305,793Net Income 2016: $895,8932016Revenue 2017: $3,023,297Expenses 2017: $3,909,207Net Income 2017: -$885,9102017Revenue 2018: $3,581,407Expenses 2018: $3,994,053Net Income 2018: -$412,6462018Revenue 2019: $4,099,155Expenses 2019: $3,915,815Net Income 2019: $183,3402019Revenue 2020: $4,720,393Expenses 2020: $3,989,293Net Income 2020: $731,1002020Revenue 2021: $4,805,203Expenses 2021: $4,069,820Net Income 2021: $735,3832021Revenue 2022: $6,102,191Expenses 2022: $4,429,969Net Income 2022: $1,672,2222022Revenue 2023: $5,700,522Expenses 2023: $5,145,073Net Income 2023: $555,4492023Revenue 2024: $6,811,163Expenses 2024: $5,803,116Net Income 2024: $1,008,0472024

Highlighted filing

2017

Revenue$3,023,297
Expenses$3,909,207
Net Income-$885,910
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 7, 2018
Return Version
2017v2.3
Gross Receipts
$3,024,185
Mission and Program Overview

Mission

Orcid provides an identifier for individuals to use with their name asthey engage in research, scholarship, and innovation activities. Weprovide open tools that enable transparent and trustworthy connectionsbetween researchers, their contributions, and affiliations. We provide this service to help people find information and to simplify reportingand analysis.

SEE PART III, LINE 1.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$3,657,408$2,959,715▼ $697,693
Land, Buildings, and Equipment, Net$262,834$267,765▲ $4,931
Accounts Receivable$59,043$156,564▲ $97,521
Prepaid Expenses and Deferred Charges$38,453$62,108▲ $23,655
Pledges and Grants Receivable$123,000$13,713▼ $109,287
Total Assets$4,185,376$3,633,127▼ $552,249
Other Assets Total$44,638$173,262▲ $128,624
Liabilities
Unsecured Notes Loans Payable$2,100,000$2,100,000→ $0
Deferred Revenue$894,303$1,199,487▲ $305,184
Other Liabilities$245,122$302,872▲ $57,750
Accounts Payable and Accrued Expenses$125,950$96,676▼ $29,274
Total Liabilities$3,365,375$3,699,035▲ $333,660
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,859,972$383,935▼ $1,476,037
Unrestricted Net Assets$-1,039,971$-449,843▲ $590,128
Total Net Assets Fund Balance$820,001$-65,908▼ $885,909
Total Liabilities and Net Assets / Fund Balance$4,185,376$3,633,127▼ $552,249

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$255,572$1,809,825$2,065,397
Equipment$12,193$21,670$33,863
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Laurel L HaakExecutive Director & SecretaryFT$203,366$31,305$234,671
Laura PaglioneDirector, Strategic InitiativesFT$177,924$25,579$203,503
Doug Wright Until 1062017Director, MembershipFT$147,637$48,407$196,044
Alice MeadowsDirector, Community Supp. & Eng.FT$142,707$38,739$181,446
Matthew BuysDirector, MembershipFT$181,001-$181,001
Robert PetersDirector, TechnologyFT$144,218$21,122$165,340
Jason HuRegional DirectorFT$119,227-$119,227

Board Members and Trustees

NameTitle
Veronique KiermerChair
Andrew CormackBoard Member
Bernie RousBoard Member
Chris ShillumBoard Member
Daniel HookBoard Member
Ed PentzBoard Member
LINDA O'BRIENBoard Member
Micah AltmanBoard Member
Patricia BrennanBoard Member
Richard De GrijsBoard Member
Richard IkedaBoard Member
Robert KileyBoard Member
Salvatore MeleBoard Member
Simeon WarnerBoard Member
Edward WatesTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Nobuko MiyairiMarketing, Comm., And Client Support4-30-18 HIGASHINAKANO LIVIO 402, Tokyo, NAKANO-KU, Ja$169,332
Revenue and Support

Revenue Composition

Contributions and Grants
$39,750
Program Service Revenue
$2,971,535
Investment Income
$7,095
Other Revenue
$4,917
All Other Contributions
$22,400
Change in Net Assets
$-885,910

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,023,297
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$3,023,297
Total Revenue per Form 990
$3,023,297
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,317,390
Other Expenses$1,591,817
Total Fundraising Expense$1,055,486
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$931,213$239,716$441,375$1,612,304
Fees for Services Other$354,121$115,861$173,793$643,775
Current Officers, Directors, Trustees, and Key Employees$192,503$134,569$111,102$438,174
Travel$155,196$50,791$76,187$282,174
Depreciation Depletion$266,687$11,082-$277,769
Payroll Taxes$74,548$24,398$36,597$135,543
Other Employee Benefits$65,018$16,566$31,999$113,583
Office Expenses-$35,320$61,331$96,651
Interest-$21,147$36,720$57,867
Fees for Services Legal$31,331$10,254$15,381$56,966
Advertising$25,152$8,231$12,347$45,730
Conferences and Meetings$13,077$4,280$6,420$23,777
Other Expenses$0$7,775$13,501$21,276
Pension Plan Contributions$11,282$1,882$4,622$17,786
Insurance$8,803$2,880$4,321$16,004
Fees for Services Accounting$8,000$2,618$3,927$14,545
Information Technology$561$184$275$1,020
Total Functional Expenses$2,150,837$702,884$1,055,486$3,909,207

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,909,207
Total Expenses per Audited Statements$3,909,207
Total Expenses per Form 990$3,909,207
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

International Summary

Offices
0
Employees
12
Spending
$1,730,397

International Compliance

Activity in boycott countries
Yes
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
EuropeProgram ActivitiesMembership Support & Technology07$804,828
East Asia and the PacificProgram ActivitiesMembership Support03$445,149
Central America and the CarribeanProgram ActivitiesMembership Support & Technology00$326,577
South AmericaProgram ActivitiesMembership Support01$85,582
North AmericaProgram ActivitiesMembership Support01$61,150
Russia and Neighboring StatesProgram ActivitiesMembership Support00$4,654
Sub-saharan AfriaProgram ActivitiesMembership Support00$1,893
South AsiaProgram ActivitiesMembership Support00$1,025
Middle East and North AfricaProgram ActivitiesMembership Support00$-461
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Interest$302,872
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The organization has three types of membership: basic, premium, and premium consortium.

Form 990, Part VI, Section A, Line 7A

Members have the ability to vote for members of the governing body.

Form 990, Part VI, Section B, Line 11B

The form 990 was prepared by the outside accountants and reviewed by the executive director, the treasurer, and the audit committee. The final form 990 was made available at the next meeting of the board for inspection.

Form 990, Part VI, Section B, Line 12C

Board members and director-level employees are required to annually complete a conflict of interest form in which they list organizations in which they or a family members have an involvement and sign that they have been in compliance with the policy. Board members recuse themselves from voting on matters in which they are conflicted and the abstention is noted in board minutes.

Form 990, Part VI, Section B, Line 15A

The organization determines the compensation for the executive director by using comparability data from an online service, as well as a review of position descriptions and salaries for similar positions, with adjustments based on location. The compensation is agreed upon by the board and documented in the board minutes. The most recent compensation review was completed in january 2018.

Form 990, Part VI, Section C, Line 19

The organization makes its financial statements, governing documents, and conflict of interest policy available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Orcid Inc
EIN
27-5142743
Phone
3019229062
Address
10411 MOTOR CITY DRIVE NO 750, BETHESDA, MD 20817

Signing Officer

Name
Daniel Hook
Title
Treasurer
Phone
3019229062
Signed
2018-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Laurel L Haak
Formed
2010
Legal Domicile
De
Voting Board Members
15
Independent Board Members
15
Employees
13
Volunteers
15

Preparer

Firm
Gelman Rosenberg & Freedman
Address
4550 MONTGOMERY AVE SUITE 650N, BETHESDA, MD 20814-2930
Phone
3019519090
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Global contracting: program service expenses 199,387. Management and general expenses 65,254. Fundraising expenses 97,881. Total expenses 362,522. Data center: program service expenses 61,392. Management and general expenses 20,059. Fundraising expenses 30,089. Total expenses 111,540. Other professional fees: program service expenses 93,342. Management and general expenses 30,548. Fundraising expenses 45,823. Total expenses 169,713.

Financial Statement Notes

PART X, LINE 2:

For the year ended december 31, 2017, orcid has documented its consideration of fasb asc 740-10, income taxes, that provides guidance for reporting uncertainty in income taxes and has determined that no material uncertain tax positions qualify for either recognition or disclosure in the financial statements.

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IRS990/Form990PartVIISectionAGrp/PersonNm19ALICE MEADOWS
IRS990/Form990PartVIISectionAGrp/PersonNm20MATTHEW BUYS
IRS990/Form990PartVIISectionAGrp/PersonNm21JASON HU
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