Sc Downtown Development Authority Inc
Nonprofit profile at a glance
- EIN
- 570756647
- IRS 990-EZ coverage
- 2021–2025
- Forms available
- Form 990 2024, Form 990-EZ 2025, Form 990-N 2023
- Location
- Columbia, SC, USA
- Phone
- 8039331226
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Urban, Community Economic Development
Reported finances
- Revenue
- $98,691
- Expenses
- $147,663
- Assets
- $68,831
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Hannah Davis (President)
- Gibson Hill (Vice President)
People named in this filing
- Jenny Boulware (Treasurer)
- Hannah Davis (President)
- Gibson Hill (Vice President)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To encourage the development, redevelopment and improvement of downtown areas in cities and towns within the State of South Carolina to conduct seminars and other education programs concerning development, redevelopment and improvement of downtown areas to promote and encourage the implementation of more effective comprehensive legal and financing techniques and devices that will further the development, redevelopment and improvement of downtown areas and to purchase or otherwise acquire, own, lease, operate, manage and sell or otherwise dispose of real or personal property, and to receive, administer ad disburse funds in connection with any activities related to the above purposes.
What it reported doing in 2025
SCDDA is committed to encouraging the development and enhancement of South Carolina's downtown areas. During 2025, SCDDA received grants for the purpose of the ongoing establishment and enhancement of an online shopping network called We Shop SC which is dedicated to making hometown goods and services from SC's downtown merchants available to a broader customer base. In addition, resources were used to strengthen local downtown revitalization capacity through targeting training and resource development.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 82
- Sustainability: 21
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 99.7%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -49.6%; rating input score 12; 12th percentile among comparable filings
- Total-asset coverage ratio: 0.47; rating input score 30; 30th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 44.3% per year; rating input score 100; 91st percentile among comparable filings
- Revenue growth: 25.3% per year; rating input score 100; 92nd percentile among comparable filings
- Asset growth: 29.3% per year; rating input score 100; 89th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 99.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $147K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2021 to 2025
- Contacts: How to reach this organization
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 12/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 30/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.