Civic Intelligence

Sustainability Institute Inc.

990 • Fiscal year 2017 • EIN 58-2474104

Jan 01, 2017 to Dec 31, 2017 • Filed on Mar 13, 2020

4151 Spruill AveN Charleston, SC 29405

(843) 529-3421

Siviq Scores

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

Liabilities / Assets

65th percentile

0.12x

Higher debt load relative to assets than 65% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

52nd percentile

0.04x

Higher debt load relative to revenue than 52% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

8th percentile

-34%

Higher net margin than 8% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

78th percentile

$73,551

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 14.3% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

3rd percentile

-51%

Faster asset growth than 3% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

12th percentile

-24%

Faster revenue growth than 12% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Down

$172,755

Down $182,344 (-51%) from 2016

Net Assets

Down

$151,663

Down $174,001 (-53%) from 2016

Liabilities

Down

$21,092

Down $8,343 (-28%) from 2016

Revenue

Down

$514,306

Down $165,536 (-24%) from 2016

Expenses

Down

$688,307

Down $329,462 (-32%) from 2016

Net Income

Up

-$174,001

Up $163,926 (+49%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $963,348Liabilities 2010: $42,531Net Assets 2010: $920,8172010Assets 2011: $1,023,254Liabilities 2011: $190,905Net Assets 2011: $832,3492011Assets 2012: $1,210,094Liabilities 2012: $16,424Net Assets 2012: $1,193,6702012Assets 2013: $1,024,673Liabilities 2013: $20,721Net Assets 2013: $1,003,9522013Assets 2014: $928,203Liabilities 2014: $132,392Net Assets 2014: $795,8112014Assets 2015: $794,379Liabilities 2015: $130,785Net Assets 2015: $663,5942015Assets 2016: $355,099Liabilities 2016: $29,435Net Assets 2016: $325,6642016Assets 2017: $172,755Liabilities 2017: $21,092Net Assets 2017: $151,6632017Assets 2018: $204,540Liabilities 2018: $68,950Net Assets 2018: $135,5902018Assets 2019: $142,262Liabilities 2019: $63,209Net Assets 2019: $79,0532019Assets 2020: $216,847Liabilities 2020: $127,999Net Assets 2020: $88,8482020Assets 2021: $207,650Liabilities 2021: $113,667Net Assets 2021: $93,9832021Assets 2022: $234,543Liabilities 2022: $45,395Net Assets 2022: $189,1482022Assets 2023: $971,251Liabilities 2023: $51,553Net Assets 2023: $919,6982023Assets 2024: $1,099,278Liabilities 2024: $349,060Net Assets 2024: $750,2182024

Highlighted filing

2017

Assets$172,755
Liabilities$21,092
Net Assets$151,663

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $450,3212010Expenses 2011: $686,8482011Expenses 2012: $1,064,5302012Revenue 2013: $819,111Expenses 2013: $1,008,829Net Income 2013: -$189,7182013Revenue 2014: $843,474Expenses 2014: $1,051,615Net Income 2014: -$208,1412014Revenue 2015: $1,059,113Expenses 2015: $1,191,330Net Income 2015: -$132,2172015Revenue 2016: $679,842Expenses 2016: $1,017,769Net Income 2016: -$337,9272016Revenue 2017: $514,306Expenses 2017: $688,307Net Income 2017: -$174,0012017Revenue 2018: $401,036Expenses 2018: $417,147Net Income 2018: -$16,1112018Revenue 2019: $223,530Expenses 2019: $280,067Net Income 2019: -$56,5372019Revenue 2020: $278,918Expenses 2020: $269,123Net Income 2020: $9,7952020Revenue 2021: $387,365Expenses 2021: $392,654Net Income 2021: -$5,2892021Revenue 2022: $527,039Expenses 2022: $440,684Net Income 2022: $86,3552022Revenue 2023: $1,556,136Expenses 2023: $829,005Net Income 2023: $727,1312023Revenue 2024: $1,050,763Expenses 2024: $1,215,812Net Income 2024: -$165,0492024

Highlighted filing

2017

Revenue$514,306
Expenses$688,307
Net Income-$174,001
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Mar 13, 2020
Return Version
2017v2.2
Gross Receipts
$534,017
Mission and Program Overview

Mission

Empowering south carolinians to reduce our environmental footprint where we live and work.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$257,557$96,546▼ $161,011
Inventories for Sale or Use$15,656$48,209▲ $32,553
Land, Buildings, and Equipment, Net$39,945$13,759▼ $26,186
Pledges and Grants Receivable$35,546$9,124▼ $26,422
Accounts Receivable$5,830$4,791▼ $1,039
Prepaid Expenses and Deferred Charges$564$326▼ $238
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Total Assets$355,099$172,755▼ $182,344
Other Assets Total$1$0▼ $1
Liabilities
Accounts Payable and Accrued Expenses$14,323$11,477▼ $2,846
Mortgage Notes Payable Secured by Investment Property$15,112$9,615▼ $5,497
Total Liabilities$29,435$21,092▼ $8,343
Net Assets / Fund Balance
Temporarily Rstr Net Assets$325,338$141,333▼ $184,005
Unrestricted Net Assets$326$10,330▲ $10,004
Total Net Assets Fund Balance$325,664$151,663▼ $174,001
Total Liabilities and Net Assets / Fund Balance$355,099$172,755▼ $182,344

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$12,523$79,115$91,638
Other Land Buildings$1,236$927$2,163
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Bryan CordellExecutive DirectorFT$73,551$73,551
Rebekah Manci CordellCFOFT$68,465$68,465

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$507,022
Program Service Revenue
$13,292
Investment Income
$5,934
Other Revenue
$-11,942
All Other Contributions
$295,635
Change in Net Assets
$-174,001

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$45,565Retail Value
Total Noncash Contributions1$45,565-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$403,327
Other Expenses$284,980
Total Fundraising Expense$20,351
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$162,638$10,573$10,075$183,286
Fees for Services Other$161,366--$161,366
Current Officers, Directors, Trustees, and Key Employees$23,607$111,054$7,355$142,016
Occupancy$32,513$18,516-$51,029
Payroll Taxes$29,312$11,100$1,591$42,003
Other Employee Benefits$27,424$7,379$1,219$36,022
Depreciation Depletion-$19,487-$19,487
Insurance$7,159$5,952-$13,111
Travel$3,951$258-$4,209
Information Technology$680$2,294-$2,974
Office Expenses$461$1,992-$2,453
Fees for Services Accounting-$2,125-$2,125
All Other Expenses$4,408$-3,000-$1,408
Other Expenses$1,000$1,837-$1,000
Conferences and Meetings$624$50$111$785
Advertising$338$220-$558
Interest$459--$459
Total Functional Expenses$478,119$189,837$20,351$688,307
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
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 2: Description of Business or Family Relationship of Officers, Directors, Et

The organization's Executive Director and Director of Finance (CFO) are engaged to be married.

Form 990, Part VI, Line 11B: Form 990 Review Process

Draft form 990 was provided to the full board via email and they were asked to provide comments and/or suggestions.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Following full disclosure of a possible conflict of interest, the board of directors shall determine whether a conflict of interest exists and, if so, the board shall vote to authorize or reject the transaction or take any other action deemed necessary to address the conflict and protect the sustainability institutes best interests. Both votes shall be by majority vote without counting the vote of any interested director.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The executive directors salary is determined by the board of directors and reviewed annually.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

All other salaries are determined by the executive director and board of directors and reviewed annually.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Governing documents are available upon request

Filing and Contact Details

Filer

Filer Name
Sustainability Institute
EIN
58-2474104
Phone
8435293421
Address
4151 SPRUILL AVE, N CHARLESTON, SC 29405

Signing Officer

Name
George Buell
Title
President
Signed
2020-03-13

Organization Details

Principal Officer
Bryan Cordell
Formed
1999
Legal Domicile
Sc
Voting Board Members
8
Independent Board Members
8
Employees
43
Volunteers
48
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IRS990/ProgSrvcAccomActy2Grp/Desc0The Veterans Energy Conservation Corps (VCC) Program is a partner program of the SC Commission on National and Community Service. The program is a replication of SI's Energy Conservation Corps Program with a focus on training veterans in the Charleston metro area to become certified weatherization professionals while retrofitting the homes of low income families. VCC Corps members receive nationally accredited classroom training and certification in addition to on-the-job training and apprenticeship opportunities.
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IRS990/ProgSrvcAccomActy3Grp/Desc0The Charleston Upper Peninsula Initiative (UPI) is an innovative community planning and urban redevelopment effort focused on an 865 acre area on the upper eastside of the Charleston peninsula. This area is transitioning from its heavy industrial and commercial roots into modern workplaces, retail establishments, restaurants, and dense housing. It is becoming a place where locals go to live, work, and play. The Initiative is a pilot project modeled on the EcoDistricts Framework, developed by EcoDistricts, which emphasizes the integration of smart infrastructure, green buildings, and community engagement and provides a template that guides and supports implementation of highly collaborative and innovative projects to build a strong sense of place and vibrant, lasting communities. SI serves as the backbone organization for The Initiative.
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.10$0.35$0.75$1.05$1.22$0.17
2023Detailed filing. Detailed filing data is available for this year.$0.97$0.05$0.92$1.56$0.83$0.73
2022Detailed filing. Detailed filing data is available for this year.$0.23$0.05$0.19$0.53$0.44$0.09
2021Detailed filing. Detailed filing data is available for this year.$0.21$0.11$0.09$0.39$0.39$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.22$0.13$0.09$0.28$0.27$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.14$0.06$0.08$0.22$0.28$0.06
2018Detailed filing. Detailed filing data is available for this year.$0.20$0.07$0.14$0.40$0.42$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.17$0.02$0.15$0.51$0.69$0.17
2016Detailed filing. Detailed filing data is available for this year.$0.36$0.03$0.33$0.68$1.02$0.34
2015Detailed filing. Detailed filing data is available for this year.$0.79$0.13$0.66$1.06$1.19$0.13
2014Detailed filing. Detailed filing data is available for this year.$0.93$0.13$0.80$0.84$1.05$0.21
2013Detailed filing. Detailed filing data is available for this year.$1.02$0.02$1.00$0.82$1.01$0.19
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.21$0.02$1.19$1.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.02$0.19$0.83$0.69
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.96$0.04$0.92$0.45