BEAUFORT, SC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)BEAUFORT DIGITAL CORRIDOR, founded in 2016, is a small nonprofit in the Community Improvement sector that reported $193K in total revenue in fiscal year 2023. Revenue fell 47% from the prior year — a significant decline worth monitoring. Expenses of $279K exceeded revenue, resulting in a 44% operating deficit.
THE BDC IS A BUSINESS DEVELOPMENT EFFORT BY THE CITY OF BEAUFORT TO ATTRACT, NURTURE, AND PROMOTE TECH AND TECH-RELATED COMPANIES. THE CORRIDOR TEAM, COMPRISED OF RELEVANT PARTICIPANTS IN THE PRIVATE AND PUBLIC SECTOR, IS POSITIONED TO SERVE THE BUSINESS COMMUNITY AS A PORTAL TO GOVERNMENT, INFRASTRUCTURE, REAL ESTATE, PROFESSIONAL RESOURCES, CAPITAL AND EDUCATION. THE TEAM'S OVERRIDING GOAL IS TO OFFER TANGIBLE RESOURCES TO TECH AND TECH-RELATED COMPANIES.
THE BDC OPERATES FROM BASECAMP, THE BDC'S PROFESSIONAL BUSINESS INCUBATOR/CO-WORKING OFFICE IN HISTORIC BEAUFORT. THIS LOCATION SERVES AS THE FOCAL POINT FOR THE ADVANCEMENT OF BEAUFORT'S TECH AND...
THE BDC OPERATES FROM BASECAMP, THE BDC'S PROFESSIONAL BUSINESS INCUBATOR/CO-WORKING OFFICE IN HISTORIC BEAUFORT. THIS LOCATION SERVES AS THE FOCAL POINT FOR THE ADVANCEMENT OF BEAUFORT'S TECH AND TECH-RELATED ECONOMY. THE OFFICE LOCATION IS AT 500 CARTERET STREET IN DOWNTOWN BEAUFORT.
THE TECHSTARS PROGRAM OPERATES ACCELERATOR PROGRAMS AND VENTURE CAPITAL FUNDS BY CONNECTING STARTUPS, INVESTORS, CORPORATIONS, AND CITIES TO HELP BUILD THRIVING STARTUP COMMUNITIES.
THE CYBER SECURITY PROGRAM PROVIDES CYBER-RELATED SUPPLIES AND SUPPORT TO THE MEMBERS IN AN EFFORT TO PROMOTE GROWTH AND FACILITATE IN THE TRAINING PROGRAMS OFFERED
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $193,470 | $367,097 | -0.5% |
| Expenses | $279,136 | $333,293 | -0.2% |
| Net Income | $-85,666 | $33,804 | -3.5% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MELISSA VENABLE | BOARD CHAIRMAN | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| CHRIS ROBINSON | VICE CHAIRMAN | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOE FLOYD | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JEANNINE MCCONNELL | SECRETARY | 1.00 |
Director
|
$0 | $0 | $0 |
| RICH CONTE | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JASON LOIA | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JESSICA O'BRIEN | EXEC DIRECTOR | 40.00 |
Officer
|
$78,373 | $0 | $78,373 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $193,470 | $279,136 | $50,599 | $-85,666 |
| 2023 | $367,097 | $333,293 | $135,933 | $33,804 |
| 2022 | $298,893 | $300,085 | $91,533 | $-1,192 |
| 2021 | $167,035 | $151,594 | $93,833 | $15,441 |
| 2020 | $379,875 | $169,902 | $78,051 | $209,973 |
| 2019 | $100,781 | $144,754 | $55,398 | $-43,973 |
| 2018 | $112,693 | $158,612 | $98,416 | $-45,919 |
| 2017 | $60,050 | $117,065 | $44,059 | $-57,015 |
Compare BEAUFORT DIGITAL CORRIDOR with other nonprofits in South Carolina and across the country.