South Carolina · Nonprofit
PALMETTO INNOVASPHERE INC
PALMETTO INNOVASPHERE INC (South Carolina) receives grants from 1 organization whose IRS filings report $25,000 to it, the largest being GREENVILLE LOCAL DEVELOPMENT CORPORATION ($25,000). 0 of them have funded it in more than one year.
- Revenue FY2025
- $384k
- Funders on record
- 1
- Grants received
- $25k
- Net assets
- $212k
What Palmetto Innovasphere Inc does
Mission
To lead the advancement and growth of life science, biotechnology and digital health innovation resulting in corporate success and economic development for south carolina and the southeast region.
As stated on its FY2025 Form 990.
Program
Champions of life science start-ups and scale-ups that nutures each company towards commercialization.
$149,861 spent$180,000 earned by the program100% of program spending
The program described on its FY2025 Form 990. Program spending in total: $149,861.
The organization over time
Each line starts at 100 in 2024, so what you read is the shape rather than the size: 150 means half as much again as 2024, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $15k to $216k (+1361%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2024 54% · 2025 53%. Grants only. Government contracts and fees sit inside program revenue.
53% of PALMETTO INNOVASPHERE INC’s revenue is contributions — about as donation-reliant as the typical peer (79% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 2 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Cecilia Zapata-Harms
CEO
As listed on its FY2025 Form 990.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
From the IRS filings of PALMETTO INNOVASPHERE INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
100% of PALMETTO INNOVASPHERE INC's grant income comes from South Carolina funders.
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
PALMETTO INNOVASPHERE INC runs a healthier operating margin than three-quarters of the 453 science & tech nonprofits its size.
this organization peer median middle 50% of peers· 453 science & tech nonprofits $100k–$1M, FY2025
Organizations like PALMETTO INNOVASPHERE INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In South Carolina
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
80% of spending goes to programs.
Governance
Screen this organization
A dated, signed PDF of the compliance screen for PALMETTO INNOVASPHERE INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds PALMETTO INNOVASPHERE INC?
- PALMETTO INNOVASPHERE INC (South Carolina) receives grants from 1 organization whose IRS filings report $25,000 to it, the largest being GREENVILLE LOCAL DEVELOPMENT CORPORATION ($25,000). 0 of them have funded it in more than one year.
- How many funders does PALMETTO INNOVASPHERE INC have?
- IRS filings report 1 organization giving $25,000 in grants to PALMETTO INNOVASPHERE INC.
- Who is the largest funder of PALMETTO INNOVASPHERE INC?
- GREENVILLE LOCAL DEVELOPMENT CORPORATION is the largest funder on record, with $25,000 in grants. The full list of funders is on this page.
- How can an organization like PALMETTO INNOVASPHERE INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in South Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2024–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing