Civic Intelligence

Orcid Inc.

990 • Fiscal year 2023 • EIN 27-5142743

Jan 01, 2023 to Dec 31, 2023 • Filed on Aug 28, 2024

10411 Motor City Drive 750Bethesda, MD 20817

(301) 363-9090

Siviq Scores

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

Liabilities / Assets

76th percentile

0.43x

Higher debt load relative to assets than 76% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

71st percentile

0.46x

Higher debt load relative to revenue than 71% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Net Margin

62nd percentile

9.7%

Higher net margin than 62% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

89th percentile

$306,543

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 5.4% of source-year revenue.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Asset Growth

39th percentile

1.9%

Faster asset growth than 39% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

29th percentile

-6.6%

Faster revenue growth than 29% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Assets

Up

$6,044,436

Up $112,530 (+1.9%) from 2022

Net Assets

Up

$3,437,600

Up $594,109 (+21%) from 2022

Liabilities

Down

$2,606,836

Down $481,579 (-16%) from 2022

Revenue

Down

$5,700,522

Down $401,669 (-6.6%) from 2022

Expenses

Up

$5,145,073

Up $715,104 (+16%) from 2022

Net Income

Down

$555,449

Down $1,116,773 (-67%) from 2022

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

2023

Assets$6,044,436
Liabilities$2,606,836
Net Assets$3,437,600

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

2023

Revenue$5,700,522
Expenses$5,145,073
Net Income$555,449
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Aug 28, 2024
Return Version
2023v5.1
Gross Receipts
$5,700,990
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.

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities-$4,221,061-
Savings and Temporary Cash Investments$5,193,945$999,154▼ $4,194,791
Land, Buildings, and Equipment, Net$520,311$565,981▲ $45,670
Prepaid Expenses and Deferred Charges$171,010$142,532▼ $28,478
Accounts Receivable$46,640$41,100▼ $5,540
Total Assets$5,931,906$6,044,436▲ $112,530
Other Assets Total$0$74,608▲ $74,608
Liabilities
Deferred Revenue$1,632,494$1,752,548▲ $120,054
Unsecured Notes Loans Payable$1,050,000$550,000▼ $500,000
Accounts Payable and Accrued Expenses$126,738$153,155▲ $26,417
Other Liabilities$279,183$151,133▼ $128,050
Total Liabilities$3,088,415$2,606,836▼ $481,579
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,843,491$3,437,600▲ $594,109
Total Net Assets Fund Balance$2,843,491$3,437,600▲ $594,109
Total Liabilities and Net Assets / Fund Balance$5,931,906$6,044,436▲ $112,530

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$565,008$4,123,083$4,688,091
Equipment$973$26,671$27,644
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Christian ShillumExecutive DirectorFT$256,012$50,531$306,543
Julie PetroDirector of CommunicationsFT$117,537$18,546$136,083
Will SimpsonDirector of Tech. (foreign Employee-uk)FT$130,731$5,180$135,911
Tom DemeranvilleDirector of Prod. (foreign Employee- Uk)FT$116,888$5,782$122,670
Stephanie HarleySecretaryFT$91,440$16,919$108,359
George NashTech Lead (foreign Employee-uk)FT$105,773-$105,773
Thomas Tepper JrDirector of Finance & OperationsPT$53,014$20,399$73,413

Board Members and Trustees

NameTitle
Lisa Janicke HinchliffeChair
Calvin JohnsonBoard Member
Gregory GordonBoard Member
Heath MarksBoard Member
Janet RemmingtonBoard Member
Jesse XiaoBoard Member
Lori Ann SchultzBoard Member
Michael UllyotBoard Member
Nicolas FressengeasBoard Member
Paul GemmillBoard Member
Steve PinchottiBoard Member
Amal Amin IbrahimResearcher
Kalynn KennonResearcher
Clare AppavooTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
AcesaProfessional Employer Org.125 M ESTE DE GLAXO SMITH KLINE, San Jose, Co$373,401
Payroll Solutions InternationalProfessional Employer Org.557 MASSEY ROAD, Guelph, Ca$262,057
Holland PayrollProfessional Employer Org.FRANCOIS HAVERSCHMIDTWEI 2, Leeuwarden, Ne$196,949
Wfcrm ServicesProfessional Employer Org.RUA VIRGILIO CORREIA 26B, Lisboa, PO$121,686
Revenue and Support

Revenue Composition

Contributions and Grants
$127,477
Program Service Revenue
$5,428,598
Investment Income
$132,080
Other Revenue
$12,367
All Other Contributions
$127,477
Change in Net Assets
$555,449

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,700,522
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$43,812
Total Revenue per Audited Statements
$5,744,334
Total Revenue per Form 990
$5,700,522
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,851,181
Other Expenses$2,075,499
Total Fundraising Expense$424,328
Grants and Similar Amounts Paid$218,393
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,503,064$173,528$180,995$1,857,587
Information Technology$575,445$7,801$4,516$587,762
Depreciation Depletion$537,185$710$412$538,307
Current Officers, Directors, Trustees, and Key Employees$107,290$304,389$76,636$488,315
Payroll Taxes$218,930$59,424$34,403$312,757
Fees for Services Other$208,699$52,667$44,420$305,786
Travel$139,611$37,897$21,939$199,447
Conferences and Meetings$121,797$32,391$21,209$175,397
Other Employee Benefits$144,491$4,383$20,085$168,959
Foreign Grants$115,393--$115,393
Grants to Domestic Orgs$103,000--$103,000
Fees for Services Accounting$27,971$28,162$4,395$60,528
Fees for Services Legal-$58,305-$58,305
Insurance$11,706$10,206$1,839$23,751
Pension Plan Contributions$22,052-$1,511$23,563
Office Expenses$8,925$9,685$1,403$20,013
Interest-$9,385-$9,385
Other Expenses$8,638$767$1,357$767
Total Functional Expenses$3,912,795$807,950$424,328$5,145,073

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$5,150,225
Expenses per Audited Statements$5,145,073
Total Expenses per Form 990$5,145,073
Expenses Not Reported on Form 990$5,152
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Publishers International Linking Association Inc Dba CrossrefLynnfield, MA501(c)(6)For Sustenance and Growth of Their Global Research Infrastructure Initiatives.$100,000

International Summary

Offices
0
Employees
29
Spending
$3,038,650

International Compliance

Foreign grant records maintained
Yes
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
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe (including Iceland & Greenland)Program ServicesMembership Support/admin/technology019$1,793,443
North AmericaProgram ServicesMembership Support/admin/technology05$405,408
Central America and the CaribbeanProgram ServicesTechnology02$360,482
East Asia and the PacificProgram ServicesMembership Support01$168,104
South AsiaProgram ServicesMembership Support00$152,365
Sub-saharan AfricaGrantsMembership Support00$55,904
Sub-saharan AfricaProgram ServicesMembership Support02$32,272
South AsiaGrantsMembership Support00$28,441
Europe (including Iceland & Greenland)Grants-00$16,000
North AmericaGrants-00$15,048
South AmericaProgram Services-00$7,660
Middle East and North AfricaProgram Services-00$3,523
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$151,133
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 35% controlled entity
No
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 is prepared by the outside accountants and reviewed by the audit committee. The audit committee recommends approval to the executive director, treasurer, and chair of the board of directors. The organization provides a completed copy of the form 990 to all members of the governing body, prior to the return being filed with the internal revenue service.

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 member 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 the 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 of directors and documented in the board minutes. The most recent compensation review was completed in december 2023. Form 990, part vi, section b, line 15b: orcid primarily focus on three key factors when determining salary: 1. Skills and related experience 2. Internal equity, in that those in similar roles or with similar responsibilities across the organization should have equitable levels of compensation on a cost-of-living adjusted basis 3. Geographic location. After management review the key factors above, management will then check market rates and, if necessary, adjust to be as near to our benchmarking goals as possible.

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
3013639090
Address
10411 MOTOR CITY DRIVE 750, BETHESDA, MD 20817

Signing Officer

Name
Gregory Gordon
Title
Treasurer
Phone
3013639090
Signed
2024-08-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christian Shillum
Formed
2010
Legal Domicile
De
Voting Board Members
14
Independent Board Members
14
Employees
10
Volunteers
100

Preparer

Firm
Han Group LLC
Address
1020 19TH STREET NW SUITE 800, WASHINGTON, DC 20036
Preparer
Jennifer S Han
Phone
2022937000
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Consulting services: program service expenses 71,623. Management and general expenses 19,442. Fundraising expenses 11,255. Total expenses 102,320. Technical consulting: program service expenses 62,610. Management and general expenses 16,994. Fundraising expenses 9,839. Total expenses 89,443. Global contracting: program service expenses 36,767. Management and general expenses 9,980. Fundraising expenses 5,777. Total expenses 52,524. Security consulting: program service expenses 23,030. Management and general expenses 6,251. Fundraising expenses 3,619. Total expenses 32,900. Translation services: program service expenses 9,788. Management and general expenses 0. Fundraising expenses 9,789. Total expenses 19,577. Outreach material & collateral: program service expenses 2,497. Management and general expenses 0. Fundraising expenses 2,496. Total expenses 4,993. Graphic design: program service expenses 1,644. Management and general expenses 0. Fundraising expenses 1,645. Total expenses 3,289. Product translations: program service expenses 740. Management and general expenses 0. Fundraising expenses 0. Total expenses 740.

FORM 990, PART XI, LINE 9:

Write-off related to the prior year's pledges -5,152.

Financial Statement Notes

PART X, LINE 2:

The organization follows the authoritative guidance relating to accounting for uncertainty in income taxes included in asc topic 740-10, income taxes. These provisions provide consistent guidance for the accounting for uncertainty in income taxes recognized in an entity's financial statements and prescribe a threshold of "more likely than not" for recognition and derecognition of tax positions taken or expected to be taken in a tax return. It is the organization's policy to recognize interest and/or penalties related to uncertain tax positions, if any, in income tax expenses. The organization performed an evaluation of uncertain tax positions for the year ended december 31, 2023, and determined that there were no matters that would require recognition on the financial statements or that may have any effect on its tax-exempt status. The statute of limitations generally remains open for three tax years with the u.s. Federal jurisdiction or the various states and local jurisdictions in which the organization files tax returns.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Write-off related to the prior year's pledges 5,152.

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