Scbio Foundation

Nonprofit profile at a glance

EIN
200613951
IRS 990 coverage
2012–2025
Forms available
Form 990 2025
Location
Greenville, SC, USA
Phone
8643975101
Rating confidence
Limited
Sector
Science and Technology N.E.C.

Official website

Reported finances

Revenue
$0
Expenses
$8,338
Assets
$31,139
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • JAMES CHAPPELL (PRESIDENT & CEO)

Highest reported compensation

  • JAMES CHAPPELL (PRESIDENT & CEO): $293,289 total reported compensation
  • ERIN FORD (EVP/COO): $236,354 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

By focusing on the mission to enhance the development and growth of South Carolina's life sciences industry ecosystem and by strengthening the state's workforce, education, innovation, and research infracstructure, the foundation works to achieve the vision of creating the nation's most industry-friendly and innovative life sciences ecosystem and business environment to fuel the knowledge economy in South Carolina. This mission furthers the goal of ensuring that South Carolina companies, research institutions, and citizens reap the economic and societal benefits of a world-class life sciences cluster.

What it reported doing in 2025

Provided grants to college students for summer internships and workforce initiatives.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 54
  • Transparency & Controls: 77
  • Accountability: 59
  • Sustainability: 22
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 72%; rating input score 72
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 81st percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 85.7%; rating input score 86; 27th percentile among comparable filings
  • Governance controls: 2 of 9 controls in place; rating input score 22
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: 3.73; rating input score 47; 47th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 233.4%; rating input score 1; 1st percentile among comparable filings

Growth

  • Program expense growth: -10.5% per year; rating input score 0; 26th percentile among comparable filings
  • Revenue growth: -11.1% per year; rating input score 0; 29th percentile among comparable filings
  • Asset growth: -9.8% per year; rating input score 0; 13th percentile among comparable filings

Details

  • Where the money goes: 72% of spending went to programs
  • Governance: 6 of 7 board members independent · 2 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $6K in reported program spending
  • Leadership: top reported pay $293K · 8 people listed · 2 of 6 pay-setting controls reported
  • Consistency: 15 of 15 current checks pass
  • Schedules: 5 filed schedules · includes grants and executive pay
  • Filing history: 13 filing years from 2012 to 2025
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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 — Accountability: Governance controls: 6 of 8 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 47/100.
  • High — Sustainability: Officer compensation ratio scored 1/100.
  • High — Growth: Asset growth scored 0/100.