2025-08-12T15:10:10-05:00 2024-12-31 580692043 MAULDIN & JENKINS LLC 508 HAMPTON STREET COLUMBIA SC 29201 990 2024-01-01 208626982 INVESTSC INC INVE 8037370627 1201 MAIN STREET 1600 COLUMBIA SC 29201 HARRY HUNTLEY PRESIDENT 8037370627 2025-08-12 1 1 MICHELLE CHAPMAN CPA P01263095 8037995810 2025-08-12 2024 2025-03-06 01:10:19Z HARRY HUNTLEY 1201 MAIN STREET 1600 COLUMBIA SC 29201 6324201 0 X WWW.INVESTSC.COM X 2007 SC PROMOTING ECONOMIC DEVELOPMENT WITHIN SOUTH CAROLINA. 6 5 1 5 0 0 1071487 3172634 0 0 -965619 189247 0 10494 105868 3372375 0 0 0 0 54557 55541 0 0 0 631836 3439351 686393 3494892 -580525 -122517 10718498 30406986 3584814 20270309 7133684 10136677 INVESTSC IS COMMITTED TO PROMOTING ECONOMIC DEVELOPMENT WITHIN THE STATE OF SC BY PROVIDING AN INVALUABLE RESOURCE FOR CAPITAL TO COMPANIES LOOKING TO LOCATE OR EXPAND WITHIN THE STATE. 0 0 3463826 INVESTSC WAS FORMED IN 2007 BY THE SC JOBS AND ECONOMIC DEVELOPMENT AUTHORITY TO OPERATE A VENTURE CAPITAL INVESTMENT PROGRAM WHICH THE STATE OF SC CONSIDERED TO BE ITS BURDEN. IN ACCORDANCE WITH IRC REG 1.501(C)(3)-1(D)(2), INVESTSC LESSENS THIS BURDEN BY PROVIDING THE SEED CAPITAL FOR ENTERPRISES IN SC SO AS TO HELP STRENGTHEN THE STATE'S ECONOMIC BASE AND TO SUPPORT THE ECONOMIC DEVELOPMENT GOALS OF SC. 3463826 1 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 0 1 1 SC X HARRY HUNTLEY PRESIDENT 8037370627 1201 MAIN STREET 1600 COLUMBIA SC 29201 HARRY HUNTLEY PRESIDENT 20.00 X X 40000 0 12520 MICHAEL NIX BOARD CHAIR 1.00 X X 0 0 0 CARL BLACKSTONE BOARD MEMBER 1.00 X 0 0 0 SELENA MARTIN BOARD MEMBER 1.00 X 0 0 0 BRIAN HUSSAIN BOARD MEMBER 1.00 X 0 0 0 JESSE SMITH BOARD MEMBER 1.00 X 0 0 0 40000 0 12520 0 0 0 0 0 3172634 3172634 185926 185926 2955147 2951826 3321 3321 3321 MISCELLANEOUS INCOME 900099 10494 10494 10494 3372375 0 0 199741 52520 39390 13130 3021 2266 755 12191 12191 44500 44500 1000 750 250 1777 1332 445 6649 4986 1663 7500 5625 1875 571 429 142 520 390 130 1941 1456 485 SSBCI PROGRAM EXPENSE 3362702 3362702 3494892 3463826 31066 0 5732151 22364502 5549 37478 532 4980798 8004474 10718498 30406986 39304 1306 3545510 20269003 3584814 20270309 X 7133684 10136677 7133684 10136677 10718498 30406986 -122517 3125510 0 X X 0 1 X 1 0 X 11900000 12225000 1071487 3172634 28369121 11900000 12225000 1071487 3172634 28369121 28369121 77907 1192 8594 67893 185926 341512 10493 10493 28721126 0.98770 0.98160 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 SSBCI 4732856 F KIYATECH 340132 F ZIPIT WIRELESS 2931486 F 8004474 DUE TO JOBS AND ECONOMIC DEV. AUTHORITY (JEDA) 20269003 20269003 X 6497885 3125510 3125510 3372375 0 3372375 3494892 0 3494892 0 3494892 PART X, LINE 2: INVESTSC, INC. IS EXEMPT FROM INCOME TAX UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). THE FASB PROVIDES GUIDANCE ON THE ORGANIZATION'S EVALUATION OF ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT EVALUATED THE ORGANIZATION'S TAX POSITIONS AND CONCLUDED THAT THE ORGANIZATION HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE CONSOLIDATED FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023. THE ORGANIZATION FILES FORM 990 IN THE U.S. FEDERAL JURISDICTION AND THE STATE OF SOUTH CAROLINA. FORM 990, PART I, LINE 1 PROMOTING ECONOMIC DEVELOPMENT WITHIN SOUTH CAROLINA. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 WAS PROVIDED TO THE BOARD MEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD REVIEWS AND ACKNOWLEDGES THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. IN THE EVENT A POTENTIAL CONFLICT ARISES DURING THE YEAR, THE INTERESTED PERSON SHALL RECUSE HIMSELF/HERSELF FROM ALL DISCUSSIONS AND VOTE ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION OF THE PRESIDENT IS REVIEWED AND APPROVED BY THE BOARD ON AN ANNUAL BASIS TO ENSURE REASONABLENESS. ALL DECISIONS ARE DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART XII, ITEM 2(C) THE PROCESS FOR OVERSIGHT OF THE AUDIT AND REVIEW OF FINANCIAL STATEMENTS HAS NOT CHANGED FROM THE PRIOR YEAR. VENTURESOUTH WOOD DUCK FUND LLC 319 GARLINGTON ROAD SUITE A2 GREENVILLE SC 29615 920874564 VENTURE CAPITAL INVESTMENTS SC INVESTSC INC EXCLUDED 512-514 -59190 1340300 0 1 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0