Civic Intelligence

Greenwood Genetic Center Foundation

EIN 62-1743520 • 501(c)3 • Greenwood, SC

Profile

The greenwood genetic center foundation was established to serve as the philanthropic arm supporting the greenwood genetic center in their work of serving families in the fight against genetic diseases, birth defects, and autism.

101 Gregor Mendel CircleGreenwood, SC 29646

www.ggc.org/FOUNDATION

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

70th percentile

0.45x

Higher debt load relative to assets than 70% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

96th percentile

9.60x

Higher debt load relative to revenue than 96% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

76th percentile

22%

Higher net margin than 76% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

78th percentile

$430,815

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 20.3% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

34th percentile

1.0%

Faster asset growth than 34% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

24th percentile

-4.2%

Faster revenue growth than 24% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets70th percentile

Assets

Up

$45,383,394

Up $447,296 (+1.0%) from 2023

Liabilities

Down

$20,415,614

Down $929,534 (-4.4%) from 2023

Net Assets

Up

$24,967,780

Up $1,376,830 (+5.8%) from 2023

Operations
Liabilities / Revenue96th percentileNet Margin76th percentile

Revenue

Down

$2,126,655

Down $92,101 (-4.2%) from 2023

Expenses

Down

$1,659,860

Down $1,466,995 (-47%) from 2023

Net Income

Up

$466,795

Up $1,374,894 (+151%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth34th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60M$40M$20M$0Assets 2010: $36,073Net Assets 2010: $36,0732010Assets 2011: $17,511Liabilities 2011: $0Net Assets 2011: $17,5112011Assets 2012: $12,280Liabilities 2012: $0Net Assets 2012: $12,2802012Assets 2013: $4,282,297Liabilities 2013: $0Net Assets 2013: $4,282,2972013Assets 2014: $5,055,843Liabilities 2014: $0Net Assets 2014: $5,055,8432014Assets 2015: $5,356,555Liabilities 2015: $0Net Assets 2015: $5,356,5552015Assets 2016: $8,017,322Liabilities 2016: $0Net Assets 2016: $8,017,3222016Assets 2017: $9,202,326Liabilities 2017: $0Net Assets 2017: $9,202,3262017Assets 2018: $9,350,498Liabilities 2018: $0Net Assets 2018: $9,350,4982018Assets 2019: $9,347,773Liabilities 2019: $0Net Assets 2019: $9,347,7732019Assets 2020: $9,477,578Liabilities 2020: $0Net Assets 2020: $9,477,5782020Assets 2021: $12,373,202Liabilities 2021: $0Net Assets 2021: $12,373,2022021Assets 2022: $24,042,971Liabilities 2022: $2,231Net Assets 2022: $24,040,7402022Assets 2023: $44,936,098Liabilities 2023: $21,345,148Net Assets 2023: $23,590,9502023Assets 2024: $45,383,394Liabilities 2024: $20,415,614Net Assets 2024: $24,967,7802024

Highlighted filing

2024

Assets$45,383,394
Liabilities$20,415,614
Net Assets$24,967,780
Open 2024 Filing

Operations Trend

Revenue Growth24th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2010: $192,983Expenses 2010: $186,218Net Income 2010: $6,7652010Revenue 2011: $188,155Expenses 2011: $206,717Net Income 2011: -$18,5622011Revenue 2012: $67,864Expenses 2012: $73,095Net Income 2012: -$5,2312012Revenue 2013: $4,359,956Expenses 2013: $89,939Net Income 2013: $4,270,0172013Revenue 2014: $780,704Expenses 2014: $261,598Net Income 2014: $519,1062014Revenue 2015: $900,772Expenses 2015: $661,696Net Income 2015: $239,0762015Revenue 2016: $3,610,244Expenses 2016: $729,656Net Income 2016: $2,880,5882016Revenue 2017: $705,361Expenses 2017: $490,785Net Income 2017: $214,5762017Revenue 2018: $944,442Expenses 2018: $474,958Net Income 2018: $469,4842018Revenue 2019: $809,574Expenses 2019: $778,682Net Income 2019: $30,8922019Revenue 2020: $937,583Expenses 2020: $973,402Net Income 2020: -$35,8192020Revenue 2021: $1,409,138Expenses 2021: $789,054Net Income 2021: $620,0842021Revenue 2022: $1,322,420Expenses 2022: $1,422,078Net Income 2022: -$99,6582022Revenue 2023: $2,218,756Expenses 2023: $3,126,855Net Income 2023: -$908,0992023Revenue 2024: $2,126,655Expenses 2024: $1,659,860Net Income 2024: $466,7952024

Highlighted filing

2024

Revenue$2,126,655
Expenses$1,659,860
Net Income$466,795
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$45,383,394
Liabilities
$20,415,614
Net assets
$24,967,780
Revenue
$2,126,655
Expenses
$1,659,860
Net income
$466,795
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$45.4$20.4$25.0$2.13$1.66$0.47
2023Detailed filing. Detailed filing data is available for this year.$44.9$21.3$23.6$2.22$3.13$0.91
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.0$0.00$24.0$1.32$1.42$0.10
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.4$0.00$12.4$1.41$0.79$0.62
2020Detailed filing. Detailed filing data is available for this year.$9.48$0.00$9.48$0.94$0.97$0.04
2019Detailed filing. Detailed filing data is available for this year.$9.35$0.00$9.35$0.81$0.78$0.03
2018Detailed filing. Detailed filing data is available for this year.$9.35$0.00$9.35$0.94$0.47$0.47
2017Detailed filing. Detailed filing data is available for this year.$9.20$0.00$9.20$0.71$0.49$0.21
2016Detailed filing. Detailed filing data is available for this year.$8.02$0.00$8.02$3.61$0.73$2.88
2015Detailed filing. Detailed filing data is available for this year.$5.36$0.00$5.36$0.90$0.66$0.24
2014Detailed filing. Detailed filing data is available for this year.$5.06$0.00$5.06$0.78$0.26$0.52
2013Summary only. Only limited summary data is available for this year.$4.28$0.00$4.28$4.36$0.09$4.27
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.01$0.00$0.01$0.07$0.07$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.02$0.00$0.02$0.19$0.21$0.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.04$0.04$0.19$0.19$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Mar 14, 2025
Return Version
2023v6.0
Gross Receipts
$4,655,948
Mission and Program Overview

Mission

The greenwood genetic center foundation serves as a philanthropic support to the work of the greenwood genetic center in the provision of clinical genetic services, diagnostic laboratory testing, educational programs and resources, and research in the field of medical genetics.

The greenwood genetic center foundation was established to serve as the philanthropic arm supporting the greenwood genetic center in their work of serving families in the fight against genetic diseases, birth defects, and autism.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$14,657,521$13,811,917▼ $845,604
Investments in Publicly Traded Securities$4,441,947$4,635,249▲ $193,302
Investments Other Securities$3,844,587$4,469,989▲ $625,402
Savings and Temporary Cash Investments$143,200$1,506,438▲ $1,363,238
Cash and Non-Interest-Bearing Accounts$445,463$527,061▲ $81,598
Pledges and Grants Receivable$60,604$40,000▼ $20,604
Prepaid Expenses and Deferred Charges$150$150→ $0
Total Assets$44,936,098$45,383,394▲ $447,296
Other Assets Total$21,342,626$20,392,590▼ $950,036
Liabilities
Deferred Revenue$21,342,626$20,392,590▼ $950,036
Accounts Payable and Accrued Expenses$2,522$23,024▲ $20,502
Total Liabilities$21,345,148$20,415,614▼ $929,534
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$18,362,531$19,071,544▲ $709,013
Net Assets With Donor Restrictions$5,228,419$5,896,236▲ $667,817
Total Net Assets Fund Balance$23,590,950$24,967,780▲ $1,376,830
Total Liabilities and Net Assets / Fund Balance$44,936,098$45,383,394▲ $447,296

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$10,489,879$11,417,810$21,907,689
Land$3,322,038-$3,322,038
Other Assets Org$20,392,590--
Closely Held Equity Interests$4,469,989--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$10,193,767$1,380▲ $1,064,672$203,350$11,019,987
2022$9,824,443$7,170▲ $685,425$285,068$10,193,767
2021$11,794,805$212,124▼ $1,891,616$246,234$9,824,443
2020$8,971,885$171,243▲ $2,887,110$199,614$11,794,805
2019$8,950,001$136,740▲ $90,650$174,681$8,971,885
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleOtherTotal
Steven a Skinner MdCEO & Presid$430,815$430,815
Brandi BuffCFO$144,920$144,920
Bonnie RamageDirector of$118,974$118,974
Cady Nell KeenerExecutive Di$104,760$104,760

Board Members and Trustees

NameTitle
Ray WilsonChair
Steven a Skinner MdCEO & President-ggc
Megha LalVice Chair
Arthur RadcliffeTrustee
Chris SingletonTrustee
Christen DavisTrustee
Claude C RobinsonTrustee
Dell BakerTrustee
Erin LaylandTrustee
Helen CampbellTrustee
Jimmell FelderTrustee
John a Miller JrTrustee
Julian J Nexsen JrTrustee
Kay SelfTrustee
Mark AskewTrustee
Ted PittsTrustee
Tommy PlumerTrustee
Vickie H ChandlerTrustee
Tara SmithSecretary
Rufus Thornwell Dunlap VTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$275,574
Program Service Revenue
$0
Investment Income
$55,911
Other Revenue
$1,795,170
All Other Contributions
$275,574
Change in Net Assets
$466,795

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,126,655
Total Revenue per Audited Statements
$2,126,655
Total Revenue per Form 990
$2,126,655
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,659,860
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Payments to Affiliates$970,736--$970,736
Depreciation Depletion$453,282$113,321-$566,603
Fees for Service Investment Mgmnt Fees$36,482--$36,482
Occupancy-$36,220-$36,220
Fees for Services Other$12,000$15,000-$27,000
Fees for Services Accounting$20,000--$20,000
Other Expenses$604$568-$604
Information Technology-$300-$300
Office Expenses-$19-$19
Total Functional Expenses$1,494,432$165,428$0$1,659,860

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,659,860
Total Expenses per Audited Statements$1,659,860
Total Expenses per Form 990$1,659,860
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$108,215
Fundraising Direct Expenses$21,635
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Race the Helix$62,046$62,046$12,158$49,888
Keys for Care$46,169$46,169$2,920$43,249
Total Events$108,215$108,215$21,635$86,580
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Erin LaylandBoard MemberEmployeeNo-
Jay NexsenBoard MemberBoard MemberNo-
Megha LalBoard MemberBoard MemberNo-
Wells DunlapBoard MemberEmployeeNo-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
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

“Both the audited financial statements and form 990 are provided to the board for review prior to filing the return.”

Form 990, Page 6, Part VI, Line 12C

“All directors and key employees are required to complete an annual conflict of interest attestation which details potential situations that could exist.”

Form 990, Page 6, Part VI, Line 19

“The organization's governing documents, conflict of interest policy, and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Greenwood Genetic Center Foundation
EIN
62-1743520
Phone
8643881813
Address
101 GREGOR MENDEL CIRCLE, GREENWOOD, SC 29646

Signing Officer

Name
Cady Nell Keener
Title
Executive Director
Phone
8643881813
Signed
2025-03-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cady Nell Keener
Formed
1998
Legal Domicile
Sc
Voting Board Members
19
Independent Board Members
15
Employees
0

Preparer

Firm
Manley Garvin LLC
Address
PO BOX 429, GREENWOOD, SC 29648
Preparer
Joshua C Garvin
Phone
8642294951
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The greenwood genetic center foundation was established to serve as the philanthropic arm supporting the greenwood genetic center in their work of serving families in the fight against genetic diseases, birth defects, and autism.”

Financial Statement Notes

Schedule D, Page 3, Part X

“When tax returns are filed, it is highly certain that some positions taken would be sustained upon examination by the taxing authorities, while others are subject to uncertainty about the merits of the position taken or the amount of the position that would be ultimately sustained. Management is not aware of any material uncertain tax positions and no liability has been recognized as of june 30, 2024. Tax returns subsequent to 2021 are subject to examination by authorities.”

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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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