Scbio EIN 82-3758723

Scbio

EIN  82-3758723 Unknown exempt organization Greenville, SC Founded 2017
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Size
$1–10M
What they do
Promotes the bioscience industry through collaboration, economic development, advocacy, and workforce strategies.
Leadership
James Chappell · President & CEO · $284K
Money in and out
$2.5M revenue, $2.7M expenses
Bottom line
-8% surplus margin

Promotes the bioscience industry through collaboration, economic development, advocacy, and workforce strategies. For fiscal year 2025 it reported $2.5M in revenue, $2.7M in expenses, and $432K in net assets.Pt I

Reported financial activity · FY2025
Total revenue
$2.5M
Pt VIII · Ln 12
Total expenses
$2.7M
Pt IX · Ln 25
Net assets
$432K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$196K
Where spending went · Part IX cols B–D
Program services $0.33
Surplus margin
-8%
revenue over expenses, this year▲ +47% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$2.5M
FY2025▲ +24%
Expenses
$2.7M
FY2025▲ +16%
Total assets
$627K
FY2025▼ -43%
Total liabilities
$195K
FY2025▼ -58%
Total revenue
$2.5M
Pt VIII · Ln 12
Total expenses
$2.7M
Pt IX · Ln 25
Net assets
$432K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$196K
Total assetsPt X · Ln 16$627K
Program-expense ratioPt IX · col B33%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 410
Mission & Programs · Part III

Where the work happens

3 program services account for $895K of program spending, described in the organization's own filed words · FY2025.
01

The scbio annual conference is one of the premier life sciences events in the southeast. Here, south carolina industry professionals learn the latest trends from global leaders, meet new clients and discover new achievements in the fastest-growing economic sector in south carolina.

$370Kprogram expense
02

Scbio organizes and leads south carolina's participation in the bio convention. This is the world's largest industry gathering, bringing together thousands of global biotechnology and biopharmaceutical leaders.

$281Kprogram expense
03

Scbio is the lead economic development trade association representing the life sciences industry in the state. Raising awareness of the fastest-growing sector within south carolina and beyond is essential to connecting industry leaders, helping them meet business goals, and recruiting more life sciences sector businesses to the palmetto…

$244Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CScbio
EINHdr · item D82-3758723
Principal addressHdr · item CGreenville, SC
WebsiteHdr · item Jwww.scbio.org
Year of formationHdr · item L2017
State of legal domicileHdr · item MSC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFpending

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b10
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President & CEO
$283,557Pt VII · Sec A
EVP/COO
$226,622Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
James Chappell$283,557$262,926$243,295$236,212$32,344
Erin Ford$226,622$210,165$198,579$203,772$153,946
Samuel Konduros$203,900

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Program service revenue$1.8M · 71%
Contributions & grants$717K · 28%
Investment income$24K · 1%
Program service revenue71%$1.8M
Contributions & grants28%$717K
Investment income1%$24K
Total revenueLn 12$2.5M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.33
Program services33%$895K
Total functional expensesLn 25$2.7M

Balance Sheet

Part X · end of year
CashLn 1$598K
Total assetsLn 16$627K
Total liabilitiesLn 26$195K
Total net assetsLn 32$432K
Months of cash on handcomputed2.6

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $598K · Operating expenses/yr $2.7M
2.6 months
Where the money goes
Program services
Program services — · Total expenses $2.7M
Management & General
Management & general — · Total expenses $2.7M
Fundraising
Fundraising — · Total expenses $2.7M
Cost to raise $1
Fundraising expense — · Solicited contributions —
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $717K · Total revenue $2.5M
28%
Government reliance
Government grants — · Total revenue $2.5M
Earned-income share
Program service revenue $1.8M · Total revenue $2.5M
71%
Investment reliance
Investment income $24K · Total revenue $2.5M
+0.9%
Program self-sufficiency
Program service revenue $1.8M · Total expenses $2.7M
66%
Growth & trend
Revenue growth (YoY)
This year $2.5M · Prior year $2.1M
+24%
Revenue CAGR
FY2020 $766K · FY2025 $2.5M
+27%
Net-asset trend (YoY)
End of year $432K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $2.5M · Expenses $2.7M
-8%
Liabilities-to-Assets
Total liabilities — · Total assets $627K
Net-asset ratio
Net assets $432K · Total assets $627K
69%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $627K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual James Chappell · Reported title PRESIDENT & CEO · Highest reported compensation $284K · Total expenses $2.7M
10%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $1.1M · Total expenses $2.7M
39%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 33%
Revenue growth 24%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$4K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$2.5M revenue · viewing · ⤓ 990 PDF
FY2024$2.1M revenue · ⤓ 990 PDF
FY2023$1.8M revenue · ⤓ 990 PDF
FY2022$1.9M revenue · ⤓ 990 PDF
FY2021$846K revenue · ⤓ 990 PDF
FY2020$766K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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