GREENWOOD GENETIC CENTER INC

EIN: 570604070 501(c)(3) Medical Research

GREENWOOD, SC

Total Revenue
$30,858,954
Total Expenses
$35,843,364
Total Assets
$29,885,692
Net Assets
$7,958,734
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1974
Legal Domicile
SC
Principal Officer
STEVEN A SKINNER MD
Phone
8649418100
Tax Period
2024-07-01 to 2025-06-30

GREENWOOD GENETIC CENTER INC, founded in 1974, is a mid-sized nonprofit in the Medical Research sector that reported $30.9M in total revenue in fiscal year 2024. Expenses of $35.8M exceeded revenue, resulting in a 16% operating deficit.

Mission

THE GREENWOOD GENETIC CENTER IS A NONPROFIT INSTITUTE ORGANIZED TO PROVIDE CLINICAL GENETIC SERVICES, DIAGNOSTIC LABORATORY TESTING, EDUCATIONAL PROGRAMS AND RESOURCES, AND RESEARCH IN THE FIELD OF MEDICAL GENETICS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $16,896,493
Program Service Revenue $13,821,123
Investment Income $129,925
Other Revenue $11,413
TOTAL REVENUE $30,858,954

Expense Breakdown

Grants Paid $0
Salaries & Benefits $20,343,966
Fundraising Expenses $381,791
Program Expenses $29,168,078
Other Expenses $15,499,398
TOTAL EXPENSES $35,843,364

Year-over-Year Comparison

2024 2023 Change
Revenue $30,858,954 $31,727,683 0.0%
Expenses $35,843,364 $33,533,493 +0.1%
Net Income $-4,984,410 $-1,805,810 +1.8%
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

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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
221
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
8
$1,150,578
Total Directors
12
$0
Key Employees
3
$755,418
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DELL BAKER DIRECTOR 2.00
Director
$0 $0 $0
CHRIS PRZIREMBEL PHD DIRECTOR 2.00
Director
$0 $0 $0
JOHN A MILLER JR TREASURER 2.00
Officer Director
$0 $0 $0
JULIAN J NEXSEN JR DIRECTOR 2.00
Director
$0 $0 $0
HOLISA WHARTON PHD MS RN CNE DIRECTOR 2.00
Director
$0 $0 $0
HOWELL CLYBORNE JR VICE CHAIR 2.00
Officer Director
$0 $0 $0
TERRI R BARNES SECRETARY 2.00
Officer Director
$0 $0 $0
HENRY FRITZ BUTEHORN MD DIRECTOR 2.00
Director
$0 $0 $0
RICHARD M CHRISTIAN MD CHAIR 2.00
Officer Director
$0 $0 $0
REID CONRAD DIRECTOR 2.00
Director
$0 $0 $0
CHARLES W SCHULZE DIRECTOR 2.00
Director
$0 $0 $0
WILLIAM BILL STEVENS DIRECTOR 2.00
Director
$0 $0 $0
STEVEN A SKINNER MD CEO & PRESID 40.00
Officer
$432,304 $30,500 $462,804
RICHARD SCHROER MD SENIOR CLINI 40.00
Highest
$316,900 $30,500 $347,400
MICHAEL LYONS MD ASSOCIATE CL 40.00
Officer
$301,679 $17,320 $318,999
MIKE FRIEZ PHD DIRECTOR DIA 40.00
Key Emp
$283,957 $27,600 $311,557
RICHARD STEET PHD DIRECTOR RES 40.00
Key Emp
$245,478 $30,000 $275,478
BARBARA DUPONT PHD SENIOR DIREC 40.00
Highest
$201,455 $30,500 $231,955
KEVIN FARREN DIRECTOR-DAT 40.00
Officer
$183,882 $10,192 $194,074
ELOISE PRIJOLES MD ASSISTANT CL 40.00
Highest
$215,639 $22,515 $238,154
LOLA CLARKSON SENIOR CLINI 40.00
Highest
$195,112 $29,000 $224,112
ELLIOTT STOLERMAN ASST CLINICA 40.00
Highest
$194,639 $15,210 $209,849
ROBERT PRIDMORE COO 40.00
Key Emp
$155,703 $12,680 $168,383
BRANDI BUFF CFO 40.00
Officer
$168,742 $5,959 $174,701
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 $30,858,954 $35,843,364 $29,885,692 $-4,984,410
2024 $31,727,683 $33,533,493 $29,111,107 $-1,805,810
2023 $30,958,855 $31,512,061 $29,278,213 $-553,206
2022 $24,371,926 $26,757,198 $9,358,193 $-2,385,272
2021 $25,247,880 $24,259,758 $23,474,506 $988,122
2020 $26,085,939 $25,158,704 $25,374,540 $927,235
2019 $25,115,813 $25,173,082 $22,443,544 $-57,269
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