Civic Intelligence

Scbio

990 • Fiscal year 2020 • EIN 82-3758723

Jan 01, 2020 to Dec 31, 2020 • Filed on May 17, 2021

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

21st percentile

0.00x

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

2020 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

21st percentile

0.00x

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

2020 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2020

Net Margin

78th percentile

19%

Higher net margin than 78% of similar nonprofits.

2020 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

94th percentile

$203,900

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 26.6% of source-year revenue.

2020 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2020

Asset Growth

92nd percentile

61%

Faster asset growth than 92% of similar nonprofits.

2020 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

68th percentile

-0.5%

Faster revenue growth than 68% of similar nonprofits.

2020 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets21st percentile

Assets

Up

$394,437

Up $149,333 (+61%) from 2019

Net Assets

Up

$394,437

Up $149,333 (+61%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue And Expenses
Liabilities / Revenue21st percentileNet Margin78th percentile

Revenue

Down

$766,305

Down $3,755 (-0.5%) from 2019

Expenses

Down

$616,972

Down $74,238 (-11%) from 2019

Net Income

Up

$149,333

Up $70,483 (+89%) from 2019

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

2020

Assets$394,437
Liabilities$0
Net Assets$394,437
Open 2020 Filing

Operations Trend

Revenue Growth68th 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

2020

Revenue$766,305
Expenses$616,972
Net Income$149,333
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 17, 2021
Return Version
2020v4.1
Gross Receipts
$766,305
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$245,104$394,437▲ $149,333
Rtn Earn Endowment Incm Other Fnds$245,104$394,437▲ $149,333
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$245,104$394,437▲ $149,333
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$245,104$394,437▲ $149,333
Total Liabilities and Net Assets / Fund Balance$245,104$394,437▲ $149,333
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Samuel KondurosPresident/CEOFT$203,900$203,900

Board Members and Trustees

NameTitle
Alissa FlemingBoard Member
Angie LeidingerBoard Member
Anthony HerreraBoard Member
Bob QuinnBoard Member
Carolina BrownBoard Member
Chad HardawayBoard Member
Charles JohnsonBoard Member
Cynthia YoungBoard Member
David CullBoard Member
David KingBoard Member
Deepal EliatambyBoard Member
Francis SchodowskiBoard Member
Gary ThompsonBoard Member
Jeff CainBoard Member
Jj DarbyBoard Member
John CarringtonBoard Member
Josh RidleyBoard Member
Mandy BrawleyBoard Member
Marc MetcalfBoard Member
Matthew CouvillionBoard Member
Mike GraneyBoard Member
Rich AlbertiBoard Member
Robert RyanBoard Member
Scotty BranchBoard Member
Shae HarrelsonBoard Member
Stephen CutlerBoard Member
Steve ClemonsBoard Member
Tushar ChikhlikerBoard Member
Will HarmsBoard Member
Will WilliamsBoard Member
Lou KennedyChariman
Jeff StoverLegal Officer
Dan NodesSecretary
Thornton KirbyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$766,305
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$149,333
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$437,191
Other Expenses$179,781
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$203,900
Other Salaries and Wages---$202,819
Advertising---$71,417
Conferences and Meetings---$40,824
Payroll Taxes---$30,472
Travel---$20,209
Fees for Services Other---$14,076
Fees for Services Accounting---$5,567
All Other Expenses---$4,984
Other Expenses---$4,188
Insurance---$3,454
Fees for Services Legal---$41
Total Functional Expenses$0$0$0$616,972
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
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
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
Thornton Kirby
Title
Treasurer
Phone
8643975101
Signed
2021-05-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Thornton Kirby
Formed
2017
Legal Domicile
Sc
Voting Board Members
37
Independent Board Members
36
Employees
7
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/TitleTxt23BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt27BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt31CHARIMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt32LEGAL OFFICER
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Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$394,437
Liabilities
$0
Net assets
$394,437
Revenue
$766,305
Expenses
$616,972
Net income
$149,333
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
2020Detailed filing. Detailed filing data is available for this year.$0.39$0.00$0.39$0.77$0.62$0.15
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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