Scbio FY2022 filing

Greenville, SCUnknown exempt organizationSince 2017 EIN 82-3758723Revenue $1.9M in FY2022

On file with the IRSscbio.org1140 Woodruff Road 106 · Greenville, SC

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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.

52¢ of each $1 spent went to programs.
$440K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $31K a year · 2% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
52%
of spending
Worth a look: 52% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$440K
to officers and key staff · 27% of spending
Worth a look: pay to officers and key staff is 27% of spending; over 20%.
Pt VII · Sec A
5 mo
of spending, in cash
Looks good: 5.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $14K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
38
of 39 voting members
Looks good: 38 of 39 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.9M
+126% vs prior year
Spent
$1.6M
To programs
52%
Net assets
$727K
By yearFY2020–FY2025
Revenue
$1.9M
FY2022▲ +126%
Tap a bar for its year
Revenue by fiscal year
FY2020$766K
FY2021$846K
FY2022$1.9M
FY2023$1.8M
FY2024$2.1M
FY2025$2.5M
Expenses
$1.6M
FY2022▲ +102%
Tap a bar for its year
Expenses by fiscal year
FY2020$617K
FY2021$805K
FY2022$1.6M
FY2023$1.6M
FY2024$2.3M
FY2025$2.7M
Net assets
$727K
FY2022▲ +67%
Tap a bar for its year
Net assets by fiscal year
FY2020$394K
FY2021$435K
FY2022$727K
FY2023$924K
FY2024$628K
FY2025$432K

From the FY2022 Form 990 · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

52 cents of each dollar spent went to programs.

Program services 52% · $849K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

40 people listed on the 990; $440K paid to officers and key staff.

Part VII, Section A · reportable compensation
President & CEO
$236,212Pt VII · Sec A
EVP/COO
$203,772Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Promotes the bioscience industry through collaboration, economic development, advocacy, and workforce strategies.

Questions for Scbio

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Provided by the organization

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2 programs · $849K · in their own filed words · FY2022
01

Economic development activities, including conferences and trade shows promoting south carolina life sciences

$564Kprogram expense
02

Annual Conference

Issue panels, national speakers, networking, vendor expo and strategic plan presented, work force strategies, and education opportunities

$285Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Prisma HealthFY2024$10K
Total grants receivedfrom 2 funders$14K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$1.9M
Ln 12
Gifts and grantsLn 1h$1.6M
Fees for servicesLn 2g$364K
Money outPt IX
$1.6M
Ln 25
Programscol B$849K
Owns and owesPt X
$727K
net assets · Ln 32
Cash and savingsLn 1–2$727K
Total assetsLn 16$727K
LiabilitiesLn 26$0
PeoplePt VI, VII
40
listed · VII A
PaidVII A2
Voting boardVI 1a39
IndependentVI 1b38
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.6M
Government grantsLn 1e$800K
Fees for servicesLn 2g$364K
Total revenueLn 12$1.9M
Assets in detailPt X, end of year
CashLn 1$727K
Cash and savings togetherLn 1–2$727K
Total assetsLn 16$727K
LiabilitiesLn 26$0
Net assetsLn 32$727K
OperationsPt I, VI
EmployeesI 59
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$435K$727K
Total assetsLn 16$435K$727K
LiabilitiesLn 26$0$0
Net assetsLn 32$435K$727K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$440K
Other salaries and wagesLn 7$170K
Payroll taxesLn 10$40K
Accounting feesLn 11c$7K
Other fees for servicesLn 11g$3K
Advertising and promotionLn 12$165K
Office expensesLn 13$1K
Information technologyLn 14$10K
TravelLn 17$41K
Conferences, conventions and meetingsLn 19$643K
InsuranceLn 23$39K
Other expenses (24a–d)Ln 24$60K
All other expensesLn 24e$4K
Total functional expensesLn 25$1.6M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $2.5M$2.7M−$196K$432K 990 PDF
FY2024 $2.1M$2.3M−$297K$628K 990 PDF
FY2023 $1.8M$1.6M$198K$924K 990 PDF
FY2022 Viewing $1.9M$1.6M$292K$727K 990 PDF
FY2021 $846K$805K$41K$435K 990 PDF
FY2020 $766K$617K$149K$394K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants J · Pay O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $1,914,383 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$1,550,563
I-9 Program service revenuePrior year $845,885$363,820
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $845,885$1,914,383
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $428,697$649,001
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $376,492$973,786
I-18 Total expensesPrior year $805,189$1,622,787
I-19 Revenue less expensesPrior year $40,696$291,596
Part VI · Governance 38 of 39 board members independent, 4 to look at
VI-1a Voting members of the governing body39
VI-1b Independent voting members38
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $1,914,383 across 5 lines filed
VIII-1b Membership dues$750,563
VIII-1e Government grants$800,000
VIII-1h Total contributions, gifts and grants$1,550,563
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $363,820$363,820
VIII-12 Total revenueRelated to mission $363,820 · Unrelated business $0 · Excluded from tax $0$1,914,383
Part IX · Statement of functional expenses $1,622,787 across 13 lines filed
IX-5 Pay of current officers, directors and key staff$439,984
IX-7 Other salaries and wages$169,514
IX-10 Payroll taxes$39,503
IX-11c Accounting fees$7,235
IX-11g Other fees for services$3,362
IX-12 Advertising and promotion$165,049
IX-13 Office expenses$1,493
IX-14 Information technology$9,930
IX-17 Travel$40,676
IX-19 Conferences, conventions and meetings$643,390
IX-23 Insurance$39,284
IX-24 Other expenses (24a–d)$59,505
IX-24e All other expenses$3,862
IX-25 Total functional expenses$1,622,787
Part X · Balance sheet $726,729 assets, 5 lines filed
X-1 Cash, non-interest-bearingStart of year $435,133$726,729
X-16 Total assetsStart of year $435,133$726,729
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $435,133$726,729
X-33 Total liabilities and net assetsStart of year $435,133$726,729
Part XI · Reconciliation of net assets $726,729 net assets at year end
XI-1 Total revenue$1,914,383
XI-2 Total expenses$1,622,787
XI-3 Revenue less expenses$291,596
XI-4 Net assets at start of year$435,133
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$726,729

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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