Civic Intelligence

Scbio

990 • Fiscal year 2018 • EIN 82-3758723

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 12, 2019

1140 Woodruff Road No 106Greenville, SC 29607

(864) 397-5101

Siviq Scores

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

Liabilities / Assets

47th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

47th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Net Margin

96th percentile

46%

Higher net margin than 96% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Top Officer Pay

98th percentile

$121,025

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 33.5% of source-year revenue.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Asset Growth

100th percentile

16625300%

Faster asset growth than 100% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2017 to 2018

Assets

Up

$166,254

Up $166,253 (+16625300%) from 2017

Net Assets

$166,254

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2017

Revenue

Up

$361,062

Up $361,062 from 2017

Expenses

Up

$194,808

Up $194,808 from 2017

Net Income

Up

$166,254

Up $166,254 from 2017

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 2017: $1Liabilities 2017: $02017Assets 2018: $166,254Liabilities 2018: $0Net Assets 2018: $166,2542018Assets 2019: $245,104Liabilities 2019: $0Net Assets 2019: $245,1042019Assets 2020: $394,437Liabilities 2020: $0Net Assets 2020: $394,4372020Assets 2021: $435,133Liabilities 2021: $0Net Assets 2021: $435,1332021Assets 2022: $726,729Liabilities 2022: $0Net Assets 2022: $726,7292022Assets 2023: $924,409Liabilities 2023: $0Net Assets 2023: $924,4092023Assets 2024: $1,091,829Liabilities 2024: $464,173Net Assets 2024: $627,6562024

Highlighted filing

2018

Assets$166,254
Liabilities$0
Net Assets$166,254

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2017: $0Expenses 2017: $0Net Income 2017: $02017Revenue 2018: $361,062Expenses 2018: $194,808Net Income 2018: $166,2542018Revenue 2019: $770,060Expenses 2019: $691,210Net Income 2019: $78,8502019Revenue 2020: $766,305Expenses 2020: $616,972Net Income 2020: $149,3332020Revenue 2021: $845,885Expenses 2021: $805,189Net Income 2021: $40,6962021Revenue 2022: $1,914,383Expenses 2022: $1,622,787Net Income 2022: $291,5962022Revenue 2023: $1,766,369Expenses 2023: $1,568,689Net Income 2023: $197,6802023Revenue 2024: $2,052,152Expenses 2024: $2,348,905Net Income 2024: -$296,7532024

Highlighted filing

2018

Revenue$361,062
Expenses$194,808
Net Income$166,254
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 12, 2019
Return Version
2018v3.1
Gross Receipts
$361,062
Mission and Program Overview

Mission

Scbio is a member organization that exists to support and advance the south carolina life sciences industry through collaboration, economic development initiaties, advocacy, workforce development, enhanced purchasing power and education. This mission furthers our goal of ensuring that south carolina's companies, research institutions, and citizens reap the economic and societal benefits of a world-class life sciences cluster.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$0$166,254▲ $166,254
Rtn Earn Endowment Incm Other Fnds$0$166,254▲ $166,254
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$0$166,254▲ $166,254
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$166,254▲ $166,254
Total Liabilities and Net Assets / Fund Balance$0$166,254▲ $166,254
Compensation and Service Providers

Employees

NameTitleOtherTotal
-President/CEO$121,025$121,025

Board Members and Trustees

NameTitle
Kathryn Cole BeckerChairman
Michael RusnakVice-chairman
-Annual Conference Officer
-Healthcare/innovation Officer
Samuel KondurosLegal Officer
-Secretary
-Tax Officer
-Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$354,080
Investment Income
$0
Other Revenue
$6,982
Change in Net Assets
$166,254
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$194,808
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
Conferences and Meetings---$129,455
Fees for Services Other---$27,906
Advertising---$10,875
Travel---$8,567
Insurance---$7,210
Fees for Services Accounting---$2,551
Other Expenses---$1,275
All Other Expenses---$1,256
Office Expenses---$726
Total Functional Expenses$0$0$0$194,808
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The president reviews the 990 then provides a copy to the board for review before filing the 990.

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policy, and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Scbio
EIN
82-3758723
Phone
8643975101
Address
1140 WOODRUFF ROAD NO 106, GREENVILLE, SC 29607

Signing Officer

Name
Samuel Konduros
Title
President
Phone
8643975101
Signed
2019-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Samuel Konduros
Formed
2017
Legal Domicile
Sc
Voting Board Members
9
Independent Board Members
8
Employees
0
Volunteers
0

Preparer

Firm
Bauknight Pietras & Stormer Pa
Address
1501 MAIN ST SUITE 600, COLUMBIA, SC 29201
Preparer
Shellie S Johnson
Phone
8037718943
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Consulting/contractors 27,906.

Raw XML Appendix344 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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IRS990/ActivityOrMissionDesc0SCBIO IS A MEMBER ORGANIZATION THAT EXISTS TO SUPPORT AND ADVANCE THE SOUTH CAROLINA LIFE SCIENCES INDUSTRY THROUGH COLLABORATION, ECONOMIC DEVELOPMENT INITIATIES, ADVOCACY, WORKFORCE DEVELOPMENT, ENHANCED PURCHASING POWER AND EDUCATION. THIS MISSION FURTHERS OUR GOAL OF ENSURING THAT SOUTH CAROLINA'S COMPANIES, RESEARCH INSTITUTIONS, AND CITIZENS REAP THE ECONOMIC AND SOCIETAL BENEFITS OF A WORLD-CLASS LIFE SCIENCES CLUSTER.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0VICE-CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2LEGAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt3ANNUAL CONFERENCE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt4HEALTHCARE/INNOVATION OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt5TAX OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt6TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt7SECRETARY
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IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
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IRS990/IndependentAuditFinclStmtInd00
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IRS990/IndivRcvdGreaterThan100KCnt01
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PRESIDENT REVIEWS THE 990 THEN PROVIDES A COPY TO THE BOARD FOR REVIEW BEFORE FILING THE 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CONSULTING/CONTRACTORS 27,906.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART IX, LINE 11G
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0TO SUPPORT AND ADVANCE THE LIFE SCIENCES INDUSTRY
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IRS990/TotReportableCompRltdOrgAmt0121025
IRS990/TravelGrp/TotalAmt08567
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01140 WOODRUFF ROAD STE 106
IRS990/USAddress/CityNm0GREENVILLE
IRS990/USAddress/StateAbbreviationCd0SC
IRS990/USAddress/ZIPCd029607
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.SCBIO.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02020-04-17 16:48:07Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0SAMUEL KONDUROS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08643975101
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SCBIO
ReturnHeader/Filer/BusinessNameControlTxt0SCBI
ReturnHeader/Filer/EIN0823758723
ReturnHeader/Filer/PhoneNum08643975101
ReturnHeader/Filer/USAddress/AddressLine1Txt01140 WOODRUFF ROAD NO 106
ReturnHeader/Filer/USAddress/CityNm0GREENVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SC
ReturnHeader/Filer/USAddress/ZIPCd029607
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId07BECC7D09033F4F865F6783A88B1406E0A85E844
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId07BECC7D09033F4F865F6783A88B1406E0A85E844
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0165.166.110.50
ReturnHeader/FilingSecurityInformation/IPDt02019-11-12
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm009:28:13
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0570940019
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BAUKNIGHT PIETRAS & STORMER PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01501 MAIN ST SUITE 600
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0COLUMBIA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd029201
ReturnHeader/PreparerPersonGrp/PhoneNum08037718943
ReturnHeader/PreparerPersonGrp/PreparationDt02019-11-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SHELLIE S JOHNSON
ReturnHeader/ReturnTs02019-11-13T13:59:42-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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