Liabilities / Assets
96th percentile
Higher debt load relative to assets than 96% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
96th percentile
Higher debt load relative to assets than 96% of similar nonprofits.
Liabilities / Revenue
93rd percentile
Higher debt load relative to revenue than 93% of similar nonprofits.
Net Margin
94th percentile
Higher net margin than 94% of similar nonprofits.
Top Officer Pay
9th percentile
Higher top officer pay than 9% of similar nonprofits.
Top officer pay equals 0.6% of source-year revenue.
Asset Growth
2nd percentile
Faster asset growth than 2% of similar nonprofits.
Revenue Growth
85th percentile
Faster revenue growth than 85% of similar nonprofits.
Assets
Down$30,650,128
Down $8,945,130 (-23%) from 2018
Net Assets
Up-$6,760,761
Up $3,481,303 (+34%) from 2018
Liabilities
Down$37,410,889
Down $12,426,433 (-25%) from 2018
Revenue
Up$8,412,533
Up $1,773,033 (+27%) from 2018
Expenses
Down$3,402,047
Down $458,673 (-12%) from 2018
Net Income
Up$5,010,486
Up $2,231,706 (+80%) from 2018
Investsc is committed to promoting economic development within the state of sc by providing an invaluable resource for capital to companies looking to locate or expand within the state.
Promoting economic development within south carolina
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments Other Securities | $9,219,605 | $7,522,984 | ▼ $1,696,621 |
| Savings and Temporary Cash Investments | $19,362,220 | $4,280,578 | ▼ $15,081,642 |
| Cash and Non-Interest-Bearing Accounts | $-2 | - | - |
| Total Assets | $39,595,258 | $30,650,128 | ▼ $8,945,130 |
| Other Assets Total | $11,013,435 | $18,846,566 | ▲ $7,833,131 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $49,742,552 | $37,316,119 | ▼ $12,426,433 |
| Other Liabilities | $90,588 | $90,588 | → $0 |
| Accounts Payable and Accrued Expenses | $4,182 | $4,182 | → $0 |
| Total Liabilities | $49,837,322 | $37,410,889 | ▼ $12,426,433 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $-10,242,064 | $-6,760,761 | ▲ $3,481,303 |
| Total Net Assets Fund Balance | $-10,242,064 | $-6,760,761 | ▲ $3,481,303 |
| Total Liabilities and Net Assets / Fund Balance | $39,595,258 | $30,650,128 | ▼ $8,945,130 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Assets Org | $12,877,095 | - | - |
| Other Securities | $98,118 | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Harry Huntley | Executive Director | PT | $40,000 | $8,076 | $48,076 |
| Name | Title |
|---|---|
| Michael Nix | Chairman |
| Michael Brenan | Board Member |
| Line Item | Amount |
|---|---|
| Other Expenses | $3,349,008 |
| Salaries, Compensation, and Employee Benefits | $53,039 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Interest | $3,213,340 | - | - | $3,213,340 |
| Depreciation Depletion | $73,567 | - | - | $73,567 |
| Other Salaries and Wages | $30,000 | $10,000 | - | $40,000 |
| Fees for Services Legal | $29,870 | - | - | $29,870 |
| Fees for Services Accounting | $16,175 | - | - | $16,175 |
| Pension Plan Contributions | $6,057 | $2,019 | - | $8,076 |
| Occupancy | $5,625 | $1,875 | - | $7,500 |
| Fees for Services Other | $5,225 | - | - | $5,225 |
| Payroll Taxes | $2,301 | $767 | - | $3,068 |
| Other Expenses | $2,066 | $688 | - | $2,754 |
| Other Employee Benefits | $1,421 | $474 | - | $1,895 |
| Travel | $432 | $145 | - | $577 |
| Total Functional Expenses | $3,386,079 | $15,968 | $0 | $3,402,047 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $3,402,047 |
| Total Expenses per Audited Statements | $3,402,047 |
| Total Expenses per Form 990 | $3,402,047 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Accrued Interest | $90,588 |
“A copy of the form 990 was provided to the board members prior to filing.”
“The board reviews the conflict of interest disclosures on an annual basis. In the event of a conflict, the person with the conflict would recuse themselves from discussions and not vote on matter.”
“Salary is determined by the investsc board and approved with the budget annually.”
“The organization's governing documents, conflict of interest policy, and financial statements are available upon written request.”
“The process for oversight of the audit and review of financial statements has not changed from the prior year.”
“The 2019 k-1 activity from the entities listed on schedule r (both related and unrelated) is not considered to be generated from an "unrelated business". The funds must agree to invest the organization's captial contributions in sc based companies which satisfies the exempt purpose of the entity.”
“The financial accounting standards board ("fasb") provides guidance on the organization's evaluation of accounting for uncertainty in income taxes. Management evaluated the organization's tax positions and concluded that the organization has taken no uncertain tax positions that require adjustment to the financial statements to comply with the provisions of this guidance for the years ended december 31, 2019 and 2018.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 4182 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 4182 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 1 |
| IRS990/ActivityOrMissionDesc | 0 | PROMOTING ECONOMIC DEVELOPMENT WITHIN SOUTH CAROLINA |
| IRS990/AllOtherContributionsAmt | 0 | 7650000 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | HARRY HUNTLEY EXECUTIVE DIRECTOR |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 8037370627 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1201 MAIN STREET SUITE 1600 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | COLUMBIA |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | SC |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 29201 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | -2 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 7650000 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 762533 |
| IRS990/CYOtherExpensesAmt | 0 | 3349008 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 5010486 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 53039 |
| IRS990/CYTotalExpensesAmt | 0 | 3402047 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 8412533 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 73567 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 73567 |
| IRS990/Desc | 0 | INVESTSC WAS FORMED IN 2007 BY THE SC JOBS AND ECONOMIC DEVELOPMENT AUTHORITY TO OPERATE A VENTURE CAPITAL INVESTMENT PROGRAM WHICH THE STATE OF SC CONSIDERED TO BE ITS BURDEN. IN ACCORDANCE WITH IRC REG 1.501(C)(3)-1(D)(2), INVESTSC LESSENS THIS BURDEN BY PROVIDING THE SEED CAPITAL FOR ENTERPRISES IN SC SO AS TO HELP STRENGTHEN THE STATE'S ECONOMIC BASE AND TO SUPPORT THE ECONOMIC DEVELOPMENT GOALS OF SC. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 1 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 3386079 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 16175 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 16175 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 29870 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 29870 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 5225 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 5225 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 10.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 8076 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | HARRY HUNTLEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | MICHAEL BRENAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | MICHAEL NIX |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 40000 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | EXECUTIVE DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | CHAIRMAN |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2007 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | 302331 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 3 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt | 0 | 490363 |
| IRS990/GrossReceiptsAmt | 0 | 8600565 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 2 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 3213340 |
| IRS990/InterestGrp/TotalAmt | 0 | 3213340 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 460202 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 460202 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt | 0 | 9219605 |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 7522984 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | SC |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 188032 |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | INVESTSC IS COMMITTED TO PROMOTING ECONOMIC DEVELOPMENT WITHIN THE STATE OF SC BY PROVIDING AN INVALUABLE RESOURCE FOR CAPITAL TO COMPANIES LOOKING TO LOCATE OR EXPAND WITHIN THE STATE. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 49742552 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 37316119 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | -10242064 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | -6760761 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | 302331 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 302331 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | -1529183 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | -10242064 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | -6760761 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 1875 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 5625 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 7500 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 11013435 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 18846566 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 474 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 1421 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 1895 |
| IRS990/OtherExpensesGrp/Desc | 0 | MISCELLANEOUS |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 688 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 2066 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 2754 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 90588 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 90588 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 10000 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 30000 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 40000 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 767 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 2301 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 3068 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 2019 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 6057 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 8076 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | HARRY HUNTLEY |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 2550000 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 4089500 |
| IRS990/PYOtherExpensesAmt | 0 | 3808351 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 2778780 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 52369 |
| IRS990/PYTotalExpensesAmt | 0 | 3860720 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 6639500 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 5010486 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 1 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 0 |
| IRS990/ReportOtherAssetsInd | 0 | 1 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 19362220 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 4280578 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 7650000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 2550000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 2550000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 12750000 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 460202 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 364815 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 94140 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 2253 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1613 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 923023 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.93250 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.91660 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 12750000 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 7650000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 2550000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 2550000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 12750000 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 13673023 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 3402047 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/NetUnrealizedGainsInvstAmt | 0 | -1529183 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 1945677 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 1 | 132441 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 2 | 3891353 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 3 | 12877095 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | RESTRICTED CASH - INTEREST RESERVE |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 1 | RESTRICTED CASH - PREMIUM RESERVE |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 2 | RESTRICTED CASH - CAPITAL CONTRIBUTIONS |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 3 | RESTRICTED CASH - PREPAYMENTS |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 90588 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | ACCRUED INTEREST |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 0 | 1658912 |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 1 | 5765954 |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 2 | 98118 |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 0 | AZALEA FUND III, LP |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 1 | NEXUS MEDICAL PARTNERS II, LP |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 2 | NORO-MOSELEY PARTNERS VI, LP |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 0 | F |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 1 | F |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 2 | F |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | -1529183 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 8412533 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") PROVIDES GUIDANCE ON THE ORGANIZATION'S EVALUATION OF ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT EVALUATED THE ORGANIZATION'S TAX POSITIONS AND CONCLUDED THAT THE ORGANIZATION HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE FOR THE YEARS ENDED DECEMBER 31, 2019 AND 2018. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART X, LINE 2: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 0 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 18846566 |
| IRS990ScheduleD/TotalBookValueSecuritiesAmt | 0 | 7522984 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 3402047 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 90588 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 8412533 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 6883350 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 3402047 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | A COPY OF THE FORM 990 WAS PROVIDED TO THE BOARD MEMBERS PRIOR TO FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE BOARD REVIEWS THE CONFLICT OF INTEREST DISCLOSURES ON AN ANNUAL BASIS. IN THE EVENT OF A CONFLICT, THE PERSON WITH THE CONFLICT WOULD RECUSE THEMSELVES FROM DISCUSSIONS AND NOT VOTE ON MATTER. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | SALARY IS DETERMINED BY THE INVESTSC BOARD AND APPROVED WITH THE BUDGET ANNUALLY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON WRITTEN REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE PROCESS FOR OVERSIGHT OF THE AUDIT AND REVIEW OF FINANCIAL STATEMENTS HAS NOT CHANGED FROM THE PRIOR YEAR. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE 2019 K-1 ACTIVITY FROM THE ENTITIES LISTED ON SCHEDULE R (BOTH RELATED AND UNRELATED) IS NOT CONSIDERED TO BE GENERATED FROM AN "UNRELATED BUSINESS". THE FUNDS MUST AGREE TO INVEST THE ORGANIZATION'S CAPTIAL CONTRIBUTIONS IN SC BASED COMPANIES WHICH SATISFIES THE EXEMPT PURPOSE OF THE ENTITY. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART XII, ITEM 2(C) |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | SCHEDULE R, PART III AND VI |
| IRS990ScheduleR/AssetExchangeInd | 0 | 0 |
| IRS990ScheduleR/AssetPurchaseFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/DivRelatedOrganizationInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd | 0 | N/A |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN | 0 | 562665136 |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd | 0 | MA |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/OwnershipPct | 0 | 0.98260 |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PredominantIncomeTypeTxt | 0 | EXCLUDED SEC 512-514 |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt | 0 | INVESTMENTS |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt | 0 | NEXUS MEDICAL PARTNERS II LP |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/ShareOfEOYAssetsAmt | 0 | 7955493 |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/ShareOfTotalIncomeAmt | 0 | -197815 |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt | 0 | 400 CROWN COLONY DRIVE SUITE 104 |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm | 0 | QUINCY |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd | 0 | MA |
| IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd | 0 | 02169 |
| IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/PaidEmployeesSharingInd | 0 | 0 |
| IRS990ScheduleR/PerformOfServicesByOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/PerformOfServicesForOthOrgInd | 0 | 0 |
| IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd | 0 | 0 |
| IRS990ScheduleR/ReimbursementPaidByOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/ReimbursementPaidToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/RentalOfFcltsFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/SharingOfFacilitiesInd | 0 | 0 |
| IRS990ScheduleR/TransferFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/TransferToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/AllPartnersC3SInd | 0 | 0 |
| IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/AllPartnersC3SInd | 1 | 0 |
| IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/AllPartnersC3SInd | 2 | 0 |
| IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/BusinessName/BusinessNameLine1Txt | 0 | AZALEA FUND III LP |
| IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/BusinessName/BusinessNameLine1Txt | 1 | FRONTIER FUND II LP |
| IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/BusinessName/BusinessNameLine1Txt | 2 | NORO-MOSELEY PARTNERS VI LP |
| IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd | 0 | 0 |
| IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd | 1 | 0 |
| IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd | 2 | 0 |
| IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/EIN | 0 | 263129749 |
| IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/EIN | 1 | 205551380 |
| IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/EIN | 2 | 141999859 |
| IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd | 0 | 0 |
| IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd | 1 | 0 |
| IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd | 2 | 0 |
| IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/LegalDomicileStateCd | 0 | SC |
| IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/LegalDomicileStateCd | 1 | DE |
| IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/LegalDomicileStateCd | 2 | GA |
| IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/OwnershipPct | 0 | 0.09220 |
| IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/OwnershipPct | 1 | 0.00000 |
| IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/OwnershipPct | 2 | 0.06750 |
| IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt | 0 | INVESTMENTS |
| IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt | 1 | INVESTMENTS |
| IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt | 2 | INVESTMENTS |
| IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/ShareOfEOYAssetsAmt | 0 | 4856480 |
| IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/ShareOfEOYAssetsAmt | 1 | 0 |
| IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/ShareOfEOYAssetsAmt | 2 | 126793 |
| IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/ShareOfTotalIncomeAmt | 0 | -63829 |
| IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/ShareOfTotalIncomeAmt | 1 | -14759 |
| IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/ShareOfTotalIncomeAmt | 2 | -58360 |
| IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt | 0 | 55 BEATTIE PLACE SUITE 1500 |
| IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt | 1 | 1111 METROPOLITAN AVENUE SUITE 105 |
| IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt | 2 | 9 N PARKWAY SQUARE |
| IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/USAddress/CityNm | 0 | GREENVILLE |
| IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/USAddress/CityNm | 1 | CHARLOTTE |
| IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/USAddress/CityNm | 2 | ATLANTA |
| IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd | 0 | SC |
| IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd | 1 | NC |
| IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd | 2 | GA |
| IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/USAddress/ZIPCd | 0 | 29601 |
| IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/USAddress/ZIPCd | 1 | 28204 |
| IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/USAddress/ZIPCd | 2 | 30327 |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 39595258 |
| IRS990/TotalAssetsEOYAmt | 0 | 30650128 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 39595258 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 30650128 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 7650000 |
| IRS990/TotalEmployeeCnt | 0 | 1 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 15968 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 3386079 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 3402047 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 49837322 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 37410889 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 49837322 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 37410889 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | -10242064 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | -6760761 |
| IRS990/TotalOtherCompensationAmt | 0 | 8076 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 3386079 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 40000 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 762533 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 8412533 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 2 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 39595258 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 30650128 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TravelGrp/ManagementAndGeneralAmt | 0 | 145 |
| IRS990/TravelGrp/ProgramServicesAmt | 0 | 432 |
| IRS990/TravelGrp/TotalAmt | 0 | 577 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 1201 MAIN STREET NO 1600 |
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Displayed year
2019 • Form 990Detailed filing. Detailed filing data is available for this year.