Civic Intelligence

South Carolina Educational Communications Inc.

990 • Fiscal year 2025 • EIN 57-0739523

Jul 01, 2024 to Jun 30, 2025 • Filed on Nov 14, 2025

Organization ProfileWWW.ETVENDOWMENT.ORG

View Organization Page

401 East Kennedy Street Suite B-1Spartanburg, SC 29302

(864) 585-0102

Siviq Scores

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

Liabilities / Assets

71st percentile

0.24x

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

2025 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

47th percentile

0.06x

Higher debt load relative to revenue than 47% of similar nonprofits.

2025 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

42nd percentile

1.5%

Higher net margin than 42% of similar nonprofits.

2025 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

96th percentile

$308,701

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 12.3% of source-year revenue.

2025 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

71st percentile

12%

Faster asset growth than 71% of similar nonprofits.

2025 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

87th percentile

52%

Faster revenue growth than 87% of similar nonprofits.

2025 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets71st percentile

Assets

Up

$681,204

Up $71,000 (+12%) from 2024

Net Assets

Up

$519,439

Up $38,390 (+8.0%) from 2024

Liabilities

Up

$161,765

Up $32,610 (+25%) from 2024

Revenue And Expenses
Liabilities / Revenue47th percentileNet Margin42nd percentile

Revenue

Up

$2,513,429

Up $856,293 (+52%) from 2024

Expenses

Up

$2,475,039

Up $856,948 (+53%) from 2024

Net Income

Down

$38,390

Down $655 (-1.7%) from 2024

Historical Trend

Balance Sheet Trend

Asset Growth71st percentile

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

$1.0M$500K$0Assets 2011: $927,701Liabilities 2011: $214,998Net Assets 2011: $712,7032011Assets 2012: $724,604Liabilities 2012: $195,027Net Assets 2012: $529,5772012Assets 2013: $507,885Liabilities 2013: $90,439Net Assets 2013: $417,4462013Assets 2014: $579,341Liabilities 2014: $88,996Net Assets 2014: $490,3452014Assets 2015: $578,599Liabilities 2015: $81,717Net Assets 2015: $496,8822015Assets 2016: $484,344Liabilities 2016: $74,462Net Assets 2016: $409,8822016Assets 2017: $466,913Liabilities 2017: $70,044Net Assets 2017: $396,8692017Assets 2018: $418,277Liabilities 2018: $72,642Net Assets 2018: $345,6352018Assets 2019: $366,705Liabilities 2019: $60,832Net Assets 2019: $305,8732019Assets 2020: $437,802Liabilities 2020: $85,793Net Assets 2020: $352,0092020Assets 2021: $446,801Liabilities 2021: $92,138Net Assets 2021: $354,6632021Assets 2022: $539,307Liabilities 2022: $126,359Net Assets 2022: $412,9482022Assets 2023: $525,706Liabilities 2023: $83,702Net Assets 2023: $442,0042023Assets 2024: $610,204Liabilities 2024: $129,155Net Assets 2024: $481,0492024Assets 2025: $681,204Liabilities 2025: $161,765Net Assets 2025: $519,4392025

Highlighted filing

2025

Assets$681,204
Liabilities$161,765
Net Assets$519,439
Open 2025 Filing

Operations Trend

Revenue Growth87th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $2,128,3472011Expenses 2012: $1,935,9962012Expenses 2013: $1,900,0132013Revenue 2014: $2,200,531Expenses 2014: $2,127,632Net Income 2014: $72,8992014Revenue 2015: $1,820,644Expenses 2015: $1,814,107Net Income 2015: $6,5372015Revenue 2016: $1,490,099Expenses 2016: $1,577,099Net Income 2016: -$87,0002016Revenue 2017: $896,876Expenses 2017: $909,889Net Income 2017: -$13,0132017Revenue 2018: $739,415Expenses 2018: $790,649Net Income 2018: -$51,2342018Revenue 2019: $756,279Expenses 2019: $796,041Net Income 2019: -$39,7622019Revenue 2020: $1,057,659Expenses 2020: $1,011,523Net Income 2020: $46,1362020Revenue 2021: $1,784,149Expenses 2021: $1,781,495Net Income 2021: $2,6542021Revenue 2022: $1,310,356Expenses 2022: $1,252,071Net Income 2022: $58,2852022Revenue 2023: $1,322,336Expenses 2023: $1,293,280Net Income 2023: $29,0562023Revenue 2024: $1,657,136Expenses 2024: $1,618,091Net Income 2024: $39,0452024Revenue 2025: $2,513,429Expenses 2025: $2,475,039Net Income 2025: $38,3902025

Highlighted filing

2025

Revenue$2,513,429
Expenses$2,475,039
Net Income$38,390
Open 2025 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Nov 14, 2025
Return Version
2024v5.1
Gross Receipts
$2,513,429
Mission and Program Overview

Mission

South carolina educational communications, inc. ("scec") supports and promotes south carolina educational public media activities including the development and use of a variety of media for educational purposes and for support of the arts. The activities of scec have been established in order to assist and further the purposes of the etv endowment of south carolina, inc. And south carolina etv. Scec also engages in entrepreneurial activities associated with educational endeavors.

South Carolina Educational Communications, Inc. supports and promotes educational public media activities in South Carolina and across the United States, including the development and creation of original content for broadcast and educational purposes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Prepaid Expenses and Deferred Charges$6,293$6,383▲ $90
Pledges and Grants Receivable$6,145$5,508▼ $637
Savings and Temporary Cash Investments$7,556$4,780▼ $2,776
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0--
Investments Program Related$0--
Land, Buildings, and Equipment, Net$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$610,204$681,204▲ $71,000
Other Assets Total$590,210$664,533▲ $74,323
Liabilities
Accounts Payable and Accrued Expenses$129,155$161,765▲ $32,610
Other Liabilities$0$0→ $0
Total Liabilities$129,155$161,765▲ $32,610
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$453,154$491,544▲ $38,390
Net Assets With Donor Restrictions$27,895$27,895→ $0
Total Net Assets Fund Balance$481,049$519,439▲ $38,390
Total Liabilities and Net Assets / Fund Balance$610,204$681,204▲ $71,000

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$664,533--
Compensation and Service Providers
Top Officer Pay96th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Coby C Latham CPA CFREExecutive DirectorPT$12,320$639$12,959
Lauren ChiversFinancial OfficerPT$7,965$406$8,371

Board Members and Trustees

NameTitle
Sara FisherChairman
Cal LandVice-Chairman
Edward SellersBoard Member
James E Brogdon JrBoard Member
Jo Watson HacklBoard Member
McLeod WilliamsonBoard Member
W M Self JrBoard Member
Dick McCoyBoard Member - Retired
Victoria J KillenBoard Member - Retired
Robert M RaineySecretary/Treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Susie Films LLCProgram Production500 S Main St, Suite 110, Mooresville, NC 28115$1,138,741
The PostageProgram Production400 Gilead Rd, Unit 811, Huntersville, NC 28078$127,274
Revenue and Support

Revenue Composition

Contributions and Grants
$2,290,227
Program Service Revenue
$222,651
Investment Income
$0
Other Revenue
$551
Change in Net Assets
$38,390

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,513,429
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$162,432
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$2,675,861
Total Revenue per Form 990
$2,513,429
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,437,731
Salaries, Compensation, and Employee Benefits$37,308
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Lobbying-$45,104-$45,104
Current Officers, Directors, Trustees, and Key Employees-$21,942-$21,942
Fees for Services Accounting-$12,014-$12,014
Insurance$6,220$5,606-$11,826
Other Salaries and Wages-$10,400-$10,400
Occupancy-$6,950-$6,950
Information Technology-$3,397-$3,397
Payroll Taxes-$2,447-$2,447
Pension Plan Contributions-$2,285-$2,285
Fees for Services Other$0$514$0$514
Other Employee Benefits-$234-$234
Other Expenses$80,848$-19,491-$-19,491
Total Functional Expenses$2,377,295$97,744$0$2,475,039

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,637,471
Expenses per Audited Statements$2,475,039
Total Expenses per Form 990$2,475,039
Expenses Not Reported on Form 990$162,432
Expenses Not Reported on Financial Statements$0
Other Expense Adjustments$0
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
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
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
Yes
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, Line 18

“The organization's form 990 is available upon request.”

Form 990, Part VI, Line 11B Review of form 990 by governing body

“By vote of the board of directors, the audit committee has been delegated line-item responsibility for review and approval of the form 990. The approved form 990 is distributed to the full board for review and approval prior to filing.”

Form 990, Part VI, Line 12C Conflict of interest policy

“The board of directors has approved a conflict of interest policy and disclosure statement. Annually all directors and employees must sign the statement. The statements are reviewed and monitored by the executive director. The minutes of the board meeting reflect this annual disclosure and review.”

Form 990, Part VI, Line 15A Process to establish compensation of top management official

“The Compensation Committee of the Board meets at least annually to establish and approve the compensation of the Executive Director based on salary surveys, a compensation study, organizational goals and benchmarks.”

Form 990, Part VI, Line 15B Process to establish compensation of other employees

“The Compensation Committee of the Board meets at least annually to establish and approve salary ranges for each position of the organization. The compensation of officers other than the Executive Director is determined by the Executive Director within the salary ranges approved by the committee. Such compensation is based on salary surveys, a compensation study, organizational goals and benchmarks.”

Form 990, Part VI, Line 19 Required documents available to the public

“Scec makes all governing documents, financial statements and the conflict of interest policy available upon request.”

Filing and Contact Details

Filer

Filer Name
SC Educational Communications Inc
EIN
57-0739523
Phone
8645850102
Address
401 East Kennedy Street Suite B-1, Spartanburg, SC 29302

Signing Officer

Name
Coby C Latham
Title
Executive Director
Phone
8645850102
Signed
2025-11-14
Discuss with paid preparer
Yes

Organization Details

Formed
1982
Legal Domicile
Sc
Voting Board Members
10
Independent Board Members
10
Employees
6
Volunteers
12

Preparer

Firm
Forvis Mazars LLP
Address
500 Ridgefield Court, Asheville, NC 28806
Preparer
Amy Bibby
Phone
8282542254
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D Description of other program services

“(Expenses $ 81,440 including grants of $) SCEC supports the production of educational website content that documents our state's history.”

Form 990, Part XII, Line 2C

“The process has not changed from the prior year.”

Financial Statement Notes

Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote

“INCOME TAXES - THE ORGANIZATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(c)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, THE ORGANIZATION'S FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION OR LIABILITY FOR FEDERAL AND STATE INCOME TAXES. THE ORGANIZATION DETERMINED THAT THERE ARE NO MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF JUNE 30, 2025 and 2024.”

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IRS990/MissionDesc0South Carolina Educational Communications, Inc. ("SCEC") supports and promotes educational public media activities in South Carolina and across the United States, including the development and creation of original content for broadcast and educational purposes. THE ACTIVITIES OF SCEC HAVE BEEN ESTABLISHED IN ORDER TO ASSIST AND FURTHER THE PURPOSES OF THE ETV ENDOWMENT OF SOUTH CAROLINA, INC. SCEC ALSO ENGAGES IN ENTREPRENEURIAL ACTIVITIES ASSOCIATED WITH EDUCATIONAL ENDEAVORS.
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IRS990/OtherExpensesGrp/Desc0Program Production
IRS990/OtherExpensesGrp/Desc1Distance Education
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IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0Coby C Latham
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0Prog.serv.revenue-Related-990
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IRS990/ProgSrvcAccomActy2Grp/Desc0ANCILLARY - DISTANCE EDUCATION PROGRAMS: South Carolina Educational Communications partners with Converse University, an accredited, liberal arts university, to offer 18 online graduate-level mathematics courses. These courses are intended for certified teachers who are seeking recertification and include graduate-level mathematical pedagogy and math content for the elementary, middle and secondary teacher. A limited number of these courses can also be used toward a graduate degree at Converse University. SCEC also offers an additional 15 online professional development mathematics courses for teacher advancement credit. During FY25, SCEC processed a total of 208 graduate level and 43 professional development course registrations.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt080848
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0222651
IRS990/ProgSrvcAccomActy3Grp/Desc0RADIO PRODUCTION EXPENSES: SCEC produces and/or presents programs used by South Carolina Public Radio for broadcast locally on SC Public Radio's nine radio stations and nationally on NPR and its affiliate stations. These programs are funded in part by restricted grants from foundations, corporations and individuals as well as governmental entities. SCEC, along with the ETV Endowment of South Carolina and SC Public Radio, also contributes substantial in-kind gifts to ensure program completion and distribution. Since its founding in 1982, SCEC has managed more than $122 million in restricted program production grants. In FY25, six programs were in production. Programs included "Walter Edgar's Journal", "ColaJazz", "Rapp on Jazz", "Shortwave Kitsch", "Rooted Rhythm "Who What When".
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt068285
IRS990/ProgSrvcAccomActyOtherGrp/Desc0SCEC supports the production of educational website content that documents our state's history.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt081440
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0SOME DIRECTORS OF THE ORGANIZATION WERE AT ONE TIME TRUSTEES OF THE SUPPORTED ORGANIZATION; BOTH ORGANIZATIONS HAVE A COMMON MISSION. ADDITIONALLY, THE CHAIRMAN ORGNIZATION SERVES AS A NON-VOTING EX-OFFICIO OF THE SUPPORTED ORGANIZATION AND the Chairman and Vice-President of the Supported Organization serve as non-voting ex-officios of the supporting Organization. MANAGEMENT OF THE SUPPORTED ORGANIZATION IS EXERCISED THROUGH THE EXECUTIVE DIRECTOR AND FINANCIAL OFFICER. THE INDIVIDUALS WHO SERVE IN THESE POSITIONS ARE THE SAME FOR BOTH THE SUPPORTED AND SUPPORTING ORGANIZATION.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part IV, Section C, Line 1 Majority director detail
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0ETV Endowment of South Carolina Inc
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IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0Part of the exempt purpose for this Organization is to produce and present programming used by South Carolina ETV ("SCETV") for broadcast on SCETV's four statewide channels and nine radio stations. A portion of SCETV's funding comes from the state of South Carolina. The Organization undertakes lobbying activities during the year in an effort to gain legislative support to preserve such funding. If this funding is eliminated, SCETV'S ability to serve our state would be negatively impacted.
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY
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IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Due from ETV Endowment, Inc.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0INCOME TAXES - THE ORGANIZATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(c)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, THE ORGANIZATION'S FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION OR LIABILITY FOR FEDERAL AND STATE INCOME TAXES. THE ORGANIZATION DETERMINED THAT THERE ARE NO MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF JUNE 30, 2025 and 2024.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote
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Document Assets

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Filings

Displayed year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$681,204
Liabilities
$161,765
Net assets
$519,439
Revenue
$2,513,429
Expenses
$2,475,039
Net income
$38,390
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.68$0.16$0.52$2.51$2.48$0.04
2024Summary only. Only limited summary data is available for this year.$0.61$0.13$0.48$1.66$1.62$0.04
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.53$0.08$0.44$1.32$1.29$0.03
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.54$0.13$0.41$1.31$1.25$0.06
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.45$0.09$0.35$1.78$1.78$0.00
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.44$0.09$0.35$1.06$1.01$0.05
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.37$0.06$0.31$0.76$0.80$0.04
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.42$0.07$0.35$0.74$0.79$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.47$0.07$0.40$0.90$0.91$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.48$0.07$0.41$1.49$1.58$0.09
2015Summary only. Only limited summary data is available for this year.$0.58$0.08$0.50$1.82$1.81$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.58$0.09$0.49$2.20$2.13$0.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.51$0.09$0.42$1.90
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.72$0.20$0.53$1.94
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.93$0.21$0.71$2.13