Civic Intelligence

Scbio

990 • Fiscal year 2022 • EIN 82-3758723

Jan 01, 2022 to Dec 31, 2022 • Filed on May 12, 2023

Organization ProfileWWW.SCBIO.ORG
1140 Woodruff Road 106Greenville, SC 29607

(864) 397-5101

Siviq Scores

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

Liabilities / Assets

11th percentile

0.00x

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

2022 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

11th percentile

0.00x

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

2022 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2022

Net Margin

75th percentile

15%

Higher net margin than 75% of similar nonprofits.

2022 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

80th percentile

$244,588

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 12.8% of source-year revenue.

2022 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2022

Asset Growth

95th percentile

67%

Faster asset growth than 95% of similar nonprofits.

2022 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

95th percentile

126%

Faster revenue growth than 95% of similar nonprofits.

2022 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets11th percentile

Assets

Up

$726,729

Up $291,596 (+67%) from 2021

Net Assets

Up

$726,729

Up $291,596 (+67%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue11th percentileNet Margin75th percentile

Revenue

Up

$1,914,383

Up $1,068,498 (+126%) from 2021

Expenses

Up

$1,622,787

Up $817,598 (+102%) from 2021

Net Income

Up

$291,596

Up $250,900 (+617%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth95th 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

2022

Assets$726,729
Liabilities$0
Net Assets$726,729
Open 2022 Filing

Operations Trend

Revenue Growth95th 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

2022

Revenue$1,914,383
Expenses$1,622,787
Net Income$291,596
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 12, 2023
Return Version
2022v5.0
Gross Receipts
$1,914,383
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$435,133$726,729▲ $291,596
Rtn Earn Endowment Incm Other Fnds$435,133$726,729▲ $291,596
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$435,133$726,729▲ $291,596
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$435,133$726,729▲ $291,596
Total Liabilities and Net Assets / Fund Balance$435,133$726,729▲ $291,596
Compensation and Service Providers
Top Officer Pay80th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
James ChappellPresident & CEOFT$236,212$8,376$244,588
Erin FordEvp/COOFT$203,772$9,072$212,844

Board Members and Trustees

NameTitle
Angie LeidingerBoard Member
Bob QuinnBoard Member
Carl GillibladBoard Member
Caroline BrownBoard Member
Chad HardawayBoard Member
Cody ReynoldsBoard Member
Craig BlackBoard Member
Craig NiesBoard Member
Curtis McdonaldBoard Member
Cynthia YoungBoard Member
David ShenbergerBoard Member
David StefanichBoard Member
Deepal EliatambyBoard Member
Gary ThompsonBoard Member
Greg MarshallBoard Member
Herbert DraytonBoard Member
Jason BrownBoard Member
Jeffrey DilisiBoard Member
Jesse GoodwinBoard Member
Jj DarbyBoard Member
Jody ChastainBoard Member
John LummusBoard Member
John WallBoard Member
Josh RidleyBoard Member
Juliette BogusBoard Member
Justin GoetheBoard Member
Mandy BrawleyBoard Member
Matthew CouvillionBoard Member
Mike GraneyBoard Member
Nelson LindsayBoard Member
Ronda DeanBoard Member
Shane WhatleyBoard Member
Stephen CutlerBoard Member
Tushar ChikhlikerBoard Member
Lou KennedyChariman
Christopher HansonLegal Officer
Steve ClemonsSecretary
Thornton KirbyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,550,563
Program Service Revenue
$363,820
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$291,596
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$973,786
Salaries, Compensation, and Employee Benefits$649,001
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings---$643,390
Current Officers, Directors, Trustees, and Key Employees---$439,984
Other Salaries and Wages---$169,514
Advertising---$165,049
Travel---$40,676
Payroll Taxes---$39,503
Insurance---$39,284
Information Technology---$9,930
Fees for Services Accounting---$7,235
Other Expenses---$4,806
All Other Expenses---$3,862
Fees for Services Other---$3,362
Office Expenses---$1,493
Total Functional Expenses$0$0$0$1,622,787
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 106, GREENVILLE, SC 29607

Signing Officer

Name
James Chappell
Title
President & CEO
Phone
8643975101
Signed
2023-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Chappell
Formed
2017
Legal Domicile
Sc
Voting Board Members
39
Independent Board Members
38
Employees
10
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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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$726,729
Liabilities
$0
Net assets
$726,729
Revenue
$1,914,383
Expenses
$1,622,787
Net income
$291,596
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
2022Detailed filing. Detailed filing data is available for this year.$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
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