Civic Intelligence

University of South Carolina Upstate Capital Development

990 • Fiscal year 2015 • EIN 30-0696406

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 01, 2016

Organization ProfileN/A
800 University WaySpartanburg, SC 29303

(864) 503-7417

Siviq Scores

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

Liabilities / Assets

84th percentile

0.75x

Higher debt load relative to assets than 84% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Liabilities / Revenue

99th percentile

21.77x

Higher debt load relative to revenue than 99% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Net Margin

4th percentile

-53%

Higher net margin than 4% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Top Officer Pay

14th percentile

$118,944

Higher top officer pay than 14% of similar nonprofits.

Top officer pay equals 12.6% of source-year revenue.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Asset Growth

12th percentile

-6.7%

Faster asset growth than 12% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Revenue Growth

81st percentile

23%

Faster revenue growth than 81% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets84th percentile

Assets

Down

$27,337,475

Down $1,974,538 (-6.7%) from 2014

Net Assets

Down

$6,704,957

Down $990,371 (-13%) from 2014

Liabilities

Down

$20,632,518

Down $984,167 (-4.6%) from 2014

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin4th percentile

Revenue

Up

$947,602

Up $174,566 (+23%) from 2014

Expenses

Down

$1,450,556

Down $180,780 (-11%) from 2014

Net Income

Up

-$502,954

Up $355,346 (+41%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth12th percentile

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

$30M$20M$10M$0Assets 2014: $29,312,013Liabilities 2014: $21,616,685Net Assets 2014: $7,695,3282014Assets 2015: $27,337,475Liabilities 2015: $20,632,518Net Assets 2015: $6,704,9572015Assets 2016: $311,341Liabilities 2016: $227,107Net Assets 2016: $84,2342016Assets 2017: $239,660Liabilities 2017: $164,757Net Assets 2017: $74,9032017Assets 2018: $168,205Liabilities 2018: $99,695Net Assets 2018: $68,5102018Assets 2019: $466,077Liabilities 2019: $402,702Net Assets 2019: $63,3752019Assets 2020: $384,324Liabilities 2020: $352,346Net Assets 2020: $31,9782020Assets 2021: $41,563Liabilities 2021: $0Net Assets 2021: $41,5632021Assets 2022: $40,318Liabilities 2022: $0Net Assets 2022: $40,3182022Assets 2023: $39,369Liabilities 2023: $0Net Assets 2023: $39,3692023Assets 2024: $39,791Liabilities 2024: $0Net Assets 2024: $39,7912024

Highlighted filing

2015

Assets$27,337,475
Liabilities$20,632,518
Net Assets$6,704,957
Open 2015 Filing

Operations Trend

Revenue Growth81st percentile

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

$2.0M$0-$2.0M-$4.0M-$6.0MRevenue 2014: $773,036Expenses 2014: $1,631,336Net Income 2014: -$858,3002014Revenue 2015: $947,602Expenses 2015: $1,450,556Net Income 2015: -$502,9542015Revenue 2016: -$4,732,101Expenses 2016: $1,039,529Net Income 2016: -$5,771,6302016Revenue 2017: $9,382Expenses 2017: $18,713Net Income 2017: -$9,3312017Revenue 2018: $6,505Expenses 2018: $12,898Net Income 2018: -$6,3932018Revenue 2019: $3,513Expenses 2019: $8,648Net Income 2019: -$5,1352019Revenue 2020: $617Expenses 2020: $32,014Net Income 2020: -$31,3972020Revenue 2021: $13,000Expenses 2021: $3,415Net Income 2021: $9,5852021Revenue 2022: $0Expenses 2022: $1,245Net Income 2022: -$1,2452022Revenue 2023: $311Expenses 2023: $1,260Net Income 2023: -$9492023Revenue 2024: $1,222Expenses 2024: $800Net Income 2024: $4222024

Highlighted filing

2015

Revenue$947,602
Expenses$1,450,556
Net Income-$502,954
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 1, 2016
Return Version
2014v6.0
Gross Receipts
$947,602
Mission and Program Overview

Mission

The purpose of the corporation is to own, manage, lease, sell, convey and or transfer real estate and other capital developments to be used for the benefit of the university of south carolina upstate and university of south carolina upstate foundation and to engage in any lawful act or activity for which the corporation is organized pursuannt to the act.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$17,964,830$16,613,399▼ $1,351,431
Investments in Publicly Traded Securities$4,387,360$3,408,465▼ $978,895
Investments Other Securities$3,000,000$3,000,000→ $0
Other Notes and Loans Receivable, Net-$550,964-
Savings and Temporary Cash Investments$287,057$421,498▲ $134,441
Cash and Non-Interest-Bearing Accounts$338,636$157,624▼ $181,012
Pledges and Grants Receivable$201,246$107,667▼ $93,579
Total Assets$29,312,013$27,337,475▼ $1,974,538
Other Assets Total$3,132,884$3,077,858▼ $55,026
Liabilities
Tax Exempt Bond Liabilities$15,625,000$14,655,000▼ $970,000
Other Liabilities$5,338,732$5,420,142▲ $81,410
Mortgage Notes Payable Secured by Investment Property$652,953$557,376▼ $95,577
Total Liabilities$21,616,685$20,632,518▼ $984,167
Net Assets / Fund Balance
Unrestricted Net Assets$7,695,328$6,704,957▼ $990,371
Total Net Assets Fund Balance$7,695,328$6,704,957▼ $990,371
Total Liabilities and Net Assets / Fund Balance$29,312,013$27,337,475▼ $1,974,538

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$15,647,905$2,180,283$17,828,188
Other Land Buildings$417,964$371,912$789,876
Land$547,530-$547,530
Other Assets Org$377,858--
Other Securities$3,000,000--
Compensation and Service Providers
Top Officer Pay14th percentile

Employees

NameTitleOtherTotal
Roger SullivanExecutive Di$118,944$118,944

Board Members and Trustees

NameTitle
Jason LynchDirector
John BauknightDirector
John MontgomeryDirector
Josh HendersonDirector
Nancy RiehleDirector
Tim CampDirector
Will GramlingDirector/pre
Revenue and Support

Revenue Composition

Contributions and Grants
$53,280
Program Service Revenue
$650,000
Investment Income
$244,322
Other Revenue
$0
All Other Contributions
$53,280
Change in Net Assets
$-502,954

Audited Revenue Reconciliation

Revenue per Audited Statements
$947,602
Revenue Not Reported on Form 990
$-235,299
Total Revenue per Audited Statements
$712,303
Total Revenue per Form 990
$947,602
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,444,606
Grants and Similar Amounts Paid$5,950
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$733,191--$733,191
Depreciation Depletion$614,292--$614,292
Fees for Services Accounting-$36,833-$36,833
Fees for Service Investment Mgmnt Fees$14,091--$14,091
Grants to Domestic Orgs$5,950--$5,950
Other Expenses$2,387--$2,387
Fees for Services Legal-$2,035-$2,035
Total Functional Expenses$1,411,688$38,868$0$1,450,556

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,450,556
Total Expenses per Audited Statements$1,450,556
Total Expenses per Form 990$1,450,556
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Usc Upstate FoundationSpartanburg, SC501c3General Support$5,950
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
Parking Agreement Obligation$3,266,193
Interest Swap Contract$2,153,949

Bond Issues

BondIssuerIssuedIssue PricePurpose
ASc Job Economic Development Authori2008-09-17$18,000,000Construct academic building

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$18,000,000-$3,345,000$360,000

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
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
No
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, Page 6, Part VI, Line 11B

“The form 990 is reviewed by management and each member of the board is provided a copy for for their review prior to filing.”

Form 990, Page 6, Part VI, Line 19

“The form 990 and governing documents are available upon request at the foundation's office during normal business hours.”

Filing and Contact Details

Filer

Filer Name
Usc Upstate Capital Development
EIN
30-0696406
Phone
8645037417
Address
800 UNIVERSITY WAY, SPARTANBURG, SC 29303

Signing Officer

Name
Roger Sullivan
Title
Executive Director
Phone
8645037417
Signed
2016-02-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Roger Sullivan
Formed
2011
Legal Domicile
Sc
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

Firm
Cline Brandt Kochenower & Co Pa
Address
145 ROGERS COMMERCE BLVD, BOILING SPRINGS, SC 29316
Preparer
Timothy S Blake CPA
Phone
8645410218
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The purpose of the corporation is to own, manage, lease, sell, convey and or transfer real estate and other capital developments to be used for the benefit of the university of south carolina upstate and university of south carolina upstate foundation and to engage in any lawful act or activity for which the corporation is organized pursuannt to the act.”

Form 990, Part XI, Line 9

“Interest rate swap fmv adjustment 32,312 a prior period adjustment was made to reclassify 0 the valley falls and smith street properties from 0 a operating lease to a capital lease/sale 219,806”

Raw XML AppendixShowing 400 of 480 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0419478
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0174700
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IRS990ScheduleA/TotalSupportAmt0838500
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IRS990ScheduleD/BuildingsGrp/BookValueAmt015647905
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02180283
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt017828188
IRS990ScheduleD/ExpensesSubtotalAmt01450556
IRS990ScheduleD/LandGrp/BookValueAmt0547530
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0547530
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-235299
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02700000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1377858
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0PARKING AGREEMENT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1BOND COST
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0417964
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0371912
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0789876
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03266193
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12153949
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PARKING AGREEMENT OBLIGATION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1INTEREST SWAP CONTRACT
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt03000000
IRS990ScheduleD/OtherSecuritiesGrp/Desc0CERTIFICATE OF DEPOSIT
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/RevenueNotReportedAmt0-235299
IRS990ScheduleD/RevenueSubtotalAmt0947602
IRS990ScheduleD/TotalBookValueLandBuildingsAmt016613399
IRS990ScheduleD/TotalBookValueOtherAssetsAmt03077858
IRS990ScheduleD/TotalBookValueSecuritiesAmt03000000
IRS990ScheduleD/TotalExpensesPerForm990Amt01450556
IRS990ScheduleD/TotalLiabilityAmt05420142
IRS990ScheduleD/TotalRevenuePerForm990Amt0947602
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0712303
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01450556
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IRS990ScheduleI/RecipientTable/CashGrantAmt05950
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C3
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0USC UPSTATE FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientEIN0570555699
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0800 UNIVERSITY WAY
IRS990ScheduleI/RecipientTable/USAddress/CityNm0SPARTANBURG
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IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd0false
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IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02008-09-17
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0570960018
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum0837031QUO
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt018000000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0SC JOB ECONOMIC DEVELOPMENT AUTHORI
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0CONSTRUCT ACADEMIC BUILDING
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt016683750
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalizedInterestAmt0956250
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt0360000
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RetiredAmt03345000
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt018000000
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PURPOSE OF THE CORPORATION IS TO OWN, MANAGE, LEASE, SELL, CONVEY AND OR TRANSFER REAL ESTATE AND OTHER CAPITAL DEVELOPMENTS TO BE USED FOR THE BENEFIT OF THE UNIVERSITY OF SOUTH CAROLINA UPSTATE AND UNIVERSITY OF SOUTH CAROLINA UPSTATE FOUNDATION AND TO ENGAGE IN ANY LAWFUL ACT OR ACTIVITY FOR WHICH THE CORPORATION IS ORGANIZED PURSUANNT TO THE ACT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS REVIEWED BY MANAGEMENT AND EACH MEMBER OF THE BOARD IS PROVIDED A COPY FOR FOR THEIR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST AT THE FOUNDATION'S OFFICE DURING NORMAL BUSINESS HOURS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3INTEREST RATE SWAP FMV ADJUSTMENT 32,312 A PRIOR PERIOD ADJUSTMENT WAS MADE TO RECLASSIFY 0 THE VALLEY FALLS AND SMITH STREET PROPERTIES FROM 0 A OPERATING LEASE TO A CAPITAL LEASE/SALE 219,806
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0USC UPSTAT
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0CPF PROPERTIES II LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine2Txt0800 UNIVERSITY WAY
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt026749559
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0SC
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0ED. FAC MA
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt0688690
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt0800 UNIVERSITY WAY
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0SPARTANBURG
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0SC
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd1false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1UNIVERSITY OF SOUTH CAROLINA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine2Txt0UPSTATE
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501C3
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1SC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1HIGHER EDU
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt12
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0800 UNIVERSITY WAY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1800 UNIVERSITY WAY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0SPARTANBURG
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1SPARTANBURG
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0SC
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd029303
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd129303
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0true
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0650000
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FMV RENT
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0UNIVERSITY OF SOUTH CAROLINA UPSTAT
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0J
IRS990ScheduleR/TransferFromOtherOrgInd0false

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$27,337,475
Liabilities
$20,632,518
Net assets
$6,704,957
Revenue
$947,602
Expenses
$1,450,556
Net income
-$502,954
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.04$0.00$0.04$0.00$0.00$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.04$0.00$0.04$0.00$0.00$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.04$0.00$0.04$0.00$0.00$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.04$0.00$0.04$0.01$0.00$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.38$0.35$0.03$0.00$0.03$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.47$0.40$0.06$0.00$0.01$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.17$0.10$0.07$0.01$0.01$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.24$0.16$0.07$0.01$0.02$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.31$0.23$0.08$4.73$1.04$5.77
2015Detailed filing. Detailed filing data is available for this year.$27.3$20.6$6.70$0.95$1.45$0.50
2014Detailed filing. Detailed filing data is available for this year.$29.3$21.6$7.70$0.77$1.63$0.86