Health Sciences South Carolina

EIN: 202849804 501(c)(3) Health Care

Columbia, SC

Total Revenue
$56,614,030
Total Expenses
$56,614,030
Total Assets
$4,030,309
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
SC
Principal Officer
Kenneth R Deans Jr
Tax Period
2022-07-01 to 2023-06-30

Health Sciences South Carolina, founded in 2004, is a mid-sized nonprofit in the Health Care sector that reported $56.6M in total revenue in fiscal year 2022. Revenue fell 62% from the prior year — a significant decline worth monitoring.

Mission

Health Sciences South Carolina (HSSC) was established with the vision of transforming the state of South Carolina's public health and economic well-being through research. HSSC is also committed to educating and training the healthcare workforce. HSSC and its partners are working hard to make good health possible for all South Carolinians.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $56,335,409
Investment Income $278,621
Other Revenue $0
TOTAL REVENUE $56,614,030

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,343,104
Fundraising Expenses $0
Program Expenses $56,068,353
Other Expenses $55,270,926
TOTAL EXPENSES $56,614,030

Year-over-Year Comparison

2022 2021 Change
Revenue $56,614,030 $150,938,557 -0.6%
Expenses $56,614,030 $150,938,557 -0.6%
Net Income $0 N/A N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
8
Independent Members
8
Employees
7
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$839,991
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kenneth R Deans Jr CEO/President 40.00
Officer
$543,275 $0 $543,275
Katrina Fryar VP/COO 40.00
Officer
$296,716 $0 $296,716
Jeff Jacobs Senior Data Archit 40.00
$162,509 $0 $162,509
Maynard Cain Program Manager 40.00
$111,323 $0 $111,323
Virginia Slocum Program/Strategic 40.00
$110,279 $0 $110,279
Andrey Ilatovskiy Data Architect 40.00
$102,453 $0 $102,453
Greg Barabell Director 1.00
Director
$0 $0 $0
Michael Amiridis Director 1.00
Director
$0 $0 $0
James Clements Director 1.00
Director
$0 $0 $0
David Cole Director 1.00
Director
$0 $0 $0
Windsor Sherrill Delegate 1.00
Director
$0 $0 $0
Bruce Holstien Director 1.00
Director
$0 $0 $0
Donna Isgett Director 1.00
Director
$0 $0 $0
William Kenley Director 1.00
Director
$0 $0 $0
Julius Fridriksson Delegate 1.00
Director
$0 $0 $0
Michael Rose Delegate 1.00
Director
$0 $0 $0
Patrick Cawley Chair 1.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $56,614,030 $56,614,030 $4,030,309 No data
2022 $150,938,557 $150,938,557 $10,527,258 No data
2021 $137,691,740 $137,691,740 $45,940,458 No data
2020 $161,736,093 $161,729,402 $11,812,384 $6,691
2019 $235,486,972 $235,486,972 $38,115,671 No data
2018 $82,935,683 $82,935,683 $148,652,681 No data
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