Civic Intelligence

Scbio

990 • Fiscal year 2019 • EIN 82-3758723

Jan 01, 2019 to Dec 31, 2019 • Filed on Sep 22, 2020

Organization ProfileWWW.SCBIO.ORG
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

22nd percentile

0.00x

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

2019 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

22nd percentile

0.00x

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

2019 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2019

Net Margin

70th percentile

10%

Higher net margin than 70% of similar nonprofits.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2019

Asset Growth

92nd percentile

47%

Faster asset growth than 92% of similar nonprofits.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

98th percentile

113%

Faster revenue growth than 98% of similar nonprofits.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets22nd percentile

Assets

Up

$245,104

Up $78,850 (+47%) from 2018

Net Assets

Up

$245,104

Up $78,850 (+47%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue And Expenses
Liabilities / Revenue22nd percentileNet Margin70th percentile

Revenue

Up

$770,060

Up $408,998 (+113%) from 2018

Expenses

Up

$691,210

Up $496,402 (+255%) from 2018

Net Income

Down

$78,850

Down $87,404 (-53%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth92nd percentile

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

2019

Assets$245,104
Liabilities$0
Net Assets$245,104
Open 2019 Filing

Operations Trend

Revenue Growth98th percentile

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

2019

Revenue$770,060
Expenses$691,210
Net Income$78,850
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Sep 22, 2020
Return Version
2019v5.1
Gross Receipts
$770,060
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.

Scbio is a member organization that exists to support and advance the industry through collaboration, economic development initiatives, advocacy, workforce development strategies, integrated marketing strategies, education and enhanced purchasing power.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$166,254$245,104▲ $78,850
Rtn Earn Endowment Incm Other Fnds$166,254$245,104▲ $78,850
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$166,254$245,104▲ $78,850
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$166,254$245,104▲ $78,850
Total Liabilities and Net Assets / Fund Balance$166,254$245,104▲ $78,850
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Samuel KondurosPresident/CEOFT$158,124$158,124

Board Members and Trustees

NameTitle
Heather JonesConference Chair
Stephanie FewVice-chair
Adam KloneckeBoard Member
Angie LeidingerBoard Member
Carolina BrownBoard Member
Chad HardawayBoard Member
Christine Dixon ThiesingBoard Member
Courtney WarrenBoard Member
Curtis McdonaldBoard Member
Cynthia YoungBoard Member
David CullBoard Member
David ShalabyBoard Member
Erica JacksonBoard Member
Jj DarbyBoard Member
Kathy PhlegarBoard Member
Mandy BrawleyBoard Member
Marc MetcalfBoard Member
Matthew CouvillionBoard Member
Mike BriggsBoard Member
Mike GraneyBoard Member
Robert RyanBoard Member
Scotty BranchBoard Member
Shae HarrelsonBoard Member
Stephen CutlerBoard Member
Thornton KirbyBoard Member
Tom MckennaBoard Member
Tressa GardnerBoard Member
Will HarmsBoard Member
Will ThomasBoard Member
Will WilliamsBoard Member
Lou KennedyChariman
Bryan DavisHealthcare/innovation Offi
Jeff StoverLegal Officer
Josh RidleySecretary
Adam HootsTalent/workforce Officer
Michael RusnakTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$680,110
Investment Income
$0
Other Revenue
$89,950
Change in Net Assets
$78,850
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$376,811
Salaries, Compensation, and Employee Benefits$314,399
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings---$212,811
Current Officers, Directors, Trustees, and Key Employees---$158,124
Other Salaries and Wages---$119,863
Fees for Services Other---$65,330
Payroll Taxes---$36,412
Advertising---$28,230
Travel---$26,444
Fees for Services Accounting---$7,593
Insurance---$5,062
All Other Expenses---$3,899
Other Expenses---$2,713
Total Functional Expenses$0$0$0$691,210
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 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
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/CEO
Phone
8643975101
Signed
2020-09-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Samuel Konduros
Formed
2017
Legal Domicile
Sc
Voting Board Members
37
Independent Board Members
36
Employees
6
Volunteers
0

Preparer

Firm
Bauknight Pietras & Stormer Pa
Address
1501 MAIN ST SUITE 600, COLUMBIA, SC 29201
Preparer
Shellie S Johnson
Phone
8037718943
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IRS990/Form990PartVIISectionAGrp/TitleTxt21BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt22BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt23BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt25BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt26BOARD MEMBER
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$245,104
Liabilities
$0
Net assets
$245,104
Revenue
$770,060
Expenses
$691,210
Net income
$78,850
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.09$0.46$0.63$2.05$2.35$0.30
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.92$0.00$0.92$1.77$1.57$0.20
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.73$0.00$0.73$1.91$1.62$0.29
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.44$0.00$0.44$0.85$0.81$0.04
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.39$0.00$0.39$0.77$0.62$0.15
2019Detailed filing. Detailed filing data is available for this year.$0.25$0.00$0.25$0.77$0.69$0.08
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.00$0.17$0.36$0.19$0.17
2017Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00