Greenwood Genetic Center Inc
- Assets
- $9.4m
- Revenue
- $24.4m
- Investments
- $0.0
- Employees
- 210
- Location
- Greenwood, SC
- Founding
- 03/1975
- Data as of
- 06/2022
- EIN
- 57-0604070
Organization Overview
Greenwood Genetic Center Inc is located in Greenwood, SC. The organization was established in 1975. According to its NTEE Classification (H20) the organization is classified as: Birth Defects & Genetic Diseases Research, under the broad grouping of Medical Research and related organizations. As of 06/2022, Greenwood Genetic Center Inc employed 210 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greenwood Genetic Center Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Greenwood Genetic Center Inc generated $24.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $26.8m during the year ending 06/2022. While expenses have increased by 2.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE GREENWOOD GENETIC CENTER IS A NONPROFIT INSTITUTE CENTERED ON CLINICAL GENETIC SERVICES, DIAGNOSTIC LABORATORY TESTING, EDUCATIONAL PROGRAMS AND RESOURCES, AND RESEARCH. WITH A FOCUS ON COMPASSIONATE PATIENT CARE AND INNOVATIVE SCIENTIFIC ADVANCEMENT, WE KEEP EVERY PATIENT AND THEIR FAMILIES AT THE FOREFRONT OF EVERYTHING WE DO. WE HAVE A VARIETY OF CLINIC LOCATIONS TO SERVE PATIENTS AND FAMILIES ACROSS THE LIFESPAN WITH A VARIETY OF GENETIC NEEDS AND CONCERNS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE GREENWOOD GENETIC CENTER IS WHERE SERVICE, COMPASSION AND CARE INTERSECT WITH QUALITY, TECHNOLOGY AND INNOVATION. OUR CLINICAL SERVICES STRIVE TO ENSURE THAT PATIENTS AND FAMILIES IN NEED OF GENETIC SERVICES HAVE ACCESS TO HIGH QUALITY CARE THROUGH PROGRAMS TO DECREASE FINANCIAL BARRIERS AND THE USE OF TECHNOLOGY TO INCREASE AVAILABILITY OF CARE. OUR DIAGNOSTIC LABORATORIES USE CUTTING EDGE TECHNOLOGY AND DATA ANALYSIS TO INCREASE DIAGNOSTIC ANSWERS FOR OUR PATIENTS TO IMPROVE MEDICAL MANAGEMENT AND HEALTHCARE OUTCOMES. OUR FINANCIAL ASSISTANCE PROGRAMS ALSO DECREASE FINANCIAL BARRIERS TO APPROPRIATE TESTING. OUR RESEARCH SCIENTISTS WORK CLOSELY WITH OUR CLINICIANS AND LABORATORY GENETICIST TO INCREASE OUR UNDERSTANDING OF GENETIC VARIATIONS AND BIOLOGIC MECHANISMS. THIS KNOWLEDGE ADVANCES OPPORTUNITIES FOR NEW TREATMENTS TO IMPROVE QUALITY OF LIFE. OUR EDUCATION SERVICES PREPARE THE CURRENT AND FUTURE WORKFORCE IN GENETICS TO BETTER SERVE AND CARE FOR PATIENTS, TO IMPLEMENT TECHNOLOGY AND DATA ANALYSIS, AND TO ADVANCE SCIENTIFIC KNOWLEDGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dell Baker Chair | OfficerTrustee | 0 | $0 |
Chris Przirembel PHD Director | Trustee | 0 | $0 |
John A Miller Jr Director | Trustee | 0 | $0 |
Julian J Nexsen Jr Director | Trustee | 0 | $0 |
Holisa Wharton PHD Ms RN Cne Director | Trustee | 0 | $0 |
Howell Clyborne Jr Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $434,902 |
| Government grants | $11,446,751 |
| All other contributions, gifts, grants, and similar amounts not included above | $966,255 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,847,908 |
| Total Program Service Revenue | $11,461,272 |
| Investment income | $46,788 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $15,958 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $24,371,926 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,127,057 |
| Compensation of current officers, directors, key employees. | $382,681 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $11,560,293 |
| Pension plan accruals and contributions | $855,801 |
| Other employee benefits | $1,454,552 |
| Payroll taxes | $869,089 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,067,870 |
| Advertising and promotion | $0 |
| Office expenses | $492,917 |
| Information technology | $125,698 |
| Royalties | $0 |
| Occupancy | $2,442,640 |
| Travel | $195,530 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $23,526 |
| Interest | $170,274 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,262,867 |
| Insurance | $293,077 |
| All other expenses | $126,001 |
| Total functional expenses | $26,757,198 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,982,748 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $69,321 |
| Accounts receivable, net | $1,150,484 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $236 |
| Inventories for sale or use | $10,044 |
| Prepaid expenses and deferred charges | $376,001 |
| Net Land, buildings, and equipment | $1,769,359 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,358,193 |
| Accounts payable and accrued expenses | $2,047,120 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $4,054,087 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $6,101,207 |
| Net assets without donor restrictions | $2,494,633 |
| Net assets with donor restrictions | $762,353 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $9,358,193 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Greenwood Genetic Center Inc Greenwood, SC | $9,358,193 | $24,371,926 |
Community Health Interventions And Sickle Cell Agency Inc Fayetteville, NC | $519,573 | $2,014,356 |
Parkinson Association Of The Carolinas Charlotte, NC | $1,804,121 | $292,713 |
International Neurosurgery Education And Research Foundation Raleigh, NC | $207,034 | $85,667 |
Drake Rayden Foundation Greer, SC | $11,536 | $0 |
Concessions For Christ Inc Cedartown, GA | $94,014 | $0 |
Alliance To Solve Pans And Immune Related Encephalopathies Inc Atlanta, GA | $166,832 | $0 |
The 11q Research And Resource Group Inc Canton, GA | $116,883 | $0 |
Braelyn Aubrey Foundation Lexington, SC | $3,891 | $6,800 |
The Hope For Holt Foundation Charlotte, NC | $849 | $0 |
Abca Health & Education Foundation Inc Canton, GA | $320,546 | $0 |