Nonprofit · EIN 20-4692622
SC LAUNCH INC
Also known as SC LAUNCH
Tax-exempt · COLUMBIA, SC 29201
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,071,597 | $1,079,936 | -$8,339 | $36,570,973 | $15,098 | $36,555,875 |
| June 30, 2024 | 990 | $1,288,656 | $2,083,705 | -$795,049 | $37,113,760 | $0 | $37,113,760 |
| June 30, 2023 | 990 | $3,205,150 | $2,112,235 | $1,092,915 | $13,860,401 | $0 | $13,860,401 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $1,071,597
- Net gain from sales of assets
- $783,220
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $25,003
- Accounting fees
- $41,408
- Travel
- $9,312
- Program services (functional)
- $985,095
- Management and general (functional)
- $94,841
Balance sheet and other
- Total assets, start of year
- $37,113,760
- Total assets, end of year
- $36,570,973
- Total liabilities, end of year
- $15,098
- Net assets, end of year
- $36,555,875
- Publicly traded securities
- $5,388,500
- Gross unrelated business income
- -$101,386
- Gross receipts
- $2,451,298
- Employees
- 0
- Volunteers
- 9
- Year formed
- 2006
- State of legal domicile
- SC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MATTHEW BELL | Executive Director Officer | 40 | $0 | $209,779 | $33,647 |
| LAURA TERRY | Treasurer Officer | 5 | $0 | $192,762 | $32,168 |
| TERESA HINSON | Secretary Officer | 5 | $0 | $88,700 | $8,044 |
| ANDREA MARSHALL | Chairman Trustee or director | 1.5 | $0 | $0 | $0 |
| CLIFFORD HOLEKAMP | Director Trustee or director | 1.5 | $0 | $0 | $0 |
| DEREK PEDERSEN | Director Trustee or director | 1.5 | $0 | $0 | $0 |
| JON-MICHIAL CARTER | Director Trustee or director | 1.5 | $0 | $0 | $0 |
| JULIANA IAROSSI | Director Trustee or director | 1.5 | $0 | $0 | $0 |
| KAREN JENKINS | Director Trustee or director | 1.5 | $0 | $0 | $0 |
| PATTI LEAHY | Director Trustee or director | 1.5 | $0 | $0 | $0 |
| ROBERT CRUTCHFIELD | Director Trustee or director | 1.5 | $0 | $0 | $0 |
| STEPHEN K WIGGINS | Director Trustee or director | 1.5 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 13 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MATTHEW BELL | EXECUTIVE DIRECTOR Officer | 40 | $0 | $204,426 | $31,763 |
| LAURA TERRY | TREASURER Officer | 5 | $0 | $113,522 | $19,881 |
| TERESA HINSON | SECRETARY Officer | 5 | $0 | $82,013 | $7,011 |
| ANDREA MARSHALL | CHAIRMAN Trustee or director | 1.5 | $0 | $0 | $0 |
| PATTI LEAHY | DIRECTOR Trustee or director | 1.5 | $0 | $0 | $0 |
| PATRICK SPRINGHART MD | DIRECTOR (ENDED 5/15/24) Trustee or director | 1.5 | $0 | $0 | $0 |
| STEPHEN K WIGGINS | DIRECTOR Trustee or director | 1.5 | $0 | $0 | $0 |
| JULIANA IAROSSI | DIRECTOR Trustee or director | 1.5 | $0 | $0 | $0 |
| CLIFFORD HOLEKAMP | DIRECTOR Trustee or director | 1.5 | $0 | $0 | $0 |
| ROBERT CRUTCHFIELD | DIRECTOR Trustee or director | 1.5 | $0 | $0 | $0 |
| KAREN R JENKINS | DIRECTOR Trustee or director | 1.5 | $0 | $0 | $0 |
| JON-MICHIAL CARTER | DIRECTOR Trustee or director | 1.5 | $0 | $0 | $0 |
| DEREK PEDERSON | DIRECTOR (Began 5/15/24) Trustee or director | 1.5 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 15 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JOHN E SIRCY | TREASURER Officer | 5 | $0 | $191,757 | $30,997 |
| MATTHEW BELL | EXECUTIVE DIRECTOR Officer | 20 | $0 | $196,411 | $25,261 |
| TERESA HINSON | SECRETARY Officer | 5 | $0 | $77,924 | $6,306 |
| PETER G DUNPHY | CHAIRMAN Trustee or director | 1.5 | $0 | $0 | $0 |
| ANDREA MARSHALL | VICE CHAIR / Chairman Trustee or director | 1.5 | $0 | $0 | $0 |
| TIMOTHY E DAVIS | DIRECTOR Trustee or director | 1.5 | $0 | $0 | $0 |
| CLIFFORD HOLEKAMP | DIRECTOR Trustee or director | 1.5 | $0 | $0 | $0 |
| JULIANA IAROSSI | DIRECTOR Trustee or director | 1.5 | $0 | $0 | $0 |
| PATTI LEAHY | DIRECTOR Trustee or director | 1.5 | $0 | $0 | $0 |
| W PATRICK SPRINGHART | DIRECTOR Trustee or director | 1.5 | $0 | $0 | $0 |
| T STEPHEN THOMPSON | DIRECTOR Trustee or director | 1.5 | $0 | $0 | $0 |
| STEPHEN K WIGGINS | DIRECTOR Trustee or director | 1.5 | $0 | $0 | $0 |
| John-Michial Carter | director Trustee or director | 1.5 | $0 | $0 | $0 |
| Bob Crutchfield | Director Trustee or director | 1.5 | $0 | $0 | $0 |
| LAURA TERRY | TREASURER Officer | 5 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1000 CATAWBA STREET, COLUMBIA, SC 29201-5706
- In care of
- % LAURA TERRY
- Principal officer (990 for 2024)
- MATTHEW BELL, 1000 CATAWBA STREET, COLUMBIA, SC 29201
- Signed the 990
- MATTHEW BELL, EXECUTIVE DIRECTOR
- Phone
- (803) 733-9069
- Website
- WWW.SCRA.ORG
- Return prepared by
- BDO USA
Mission
FUEL SOUTH CAROLINA'S INNOVATION ECONOMY BY ACCELERATING TECHNOLOGY-ENABLED GROWTH IN RESEARCH, ACADEMIA, ENTREPRENEURSHIP AND INDUSTRY.
Program accomplishments
- PROVIDING EQUITY INVESTMENTS AND CONVERTIBLE DEBENTURE FUNDING TO TECHNOLOGY-RELATED EARLY-STAGE BUSINESSES TO FOSTER ECONOMIC GROWTH AND JOB CREATION AS A SUPPORTING ORGANIZATION OF THE SOUTH CAROLINA RESEARCH AUTHORITY.Expenses $985,095
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 20-4692622
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 2008
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S11)
- Assets (IRS master file)
- $36,570,973
- Income (IRS master file)
- $2,451,298
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,071,597 | $1,079,936 | $36,570,973 | XML |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $1,288,656 | $2,083,705 | $37,113,760 | XML |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $3,205,150 | $2,112,235 | $13,860,401 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $2,975,171 | $1,741,077 | $12,983,051 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-4692622).
Questions about SC LAUNCH INC
- What is the EIN of SC LAUNCH INC?
- The employer identification number (EIN) of SC LAUNCH INC is 20-4692622.
- Is SC LAUNCH INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
- Are donations to SC LAUNCH INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does SC LAUNCH INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SC LAUNCH INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SC LAUNCH INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of SC LAUNCH INC?
- The 990 for the year ended June 30, 2025 names MATTHEW BELL.
- Who are the officers and directors of SC LAUNCH INC?
- The 990 for the year ended June 30, 2025 lists 12 people; 0 received compensation from the organization.
- How much revenue does SC LAUNCH INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,071,597, expenses of $1,079,936 and total assets of $36,570,973 at year end.
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All nonprofits in COLUMBIA · South Carolina · Community improvement and capacity building