2022-03-04T09:54:37-06:00 2021-06-30 BDO USA LLP 1100 PEACHTREE STREET NE SUITE 700 ATLANTA GA 303094516 990 2020-07-01 570736144 South Carolina Research Authority % JOHN E SIRCY SOUT 8037339069 1000 catawba street columbia SC 29201 John E Sircy Dir. Finance & Admin 8037339069 2022-03-04 true John E Sircy 999009999 SANDRA L FEINSMITH P01064157 4046886841 2022-03-04 3 2020 2022-09-23 18:48:47Z BOB QUINN 1000 catawba street columbia SC 29201 19949117 false X www.scra.org X 1983 SC SEE DESCRIPTION ON SCHEDULE O. 19 19 44 25 0 0 2934267 4810843 607964 899047 1075112 699943 8053107 12441680 12670450 18851513 4497766 4552418 0 0 4605561 5024286 100000 0 0 5018660 6111045 14221987 15687749 -1551537 3163764 82217770 84250804 14806471 14537730 67411299 69713074 X FUEL SOUTH CAROLINA'S INNOVATION ECONOMY BY ACCELERATING TECHNOLOGY-ENABLED GROWTH IN RESEARCH, ACADEMIA, ENTREPRENEURSHIP AND INDUSTRY. false false 12322499 4552418 6336223 TO ATTRACT HIGH TECHNOLOGY INDUSTRY BY DEVELOPING RESEARCH FACILITIES IN SOUTH CAROLINA. PROVIDE SUPPORT IN THE FORM OF GRANTS AND EXPERTISE TO RESEARCHERS AND ENTREPRENEURS IN TECHNOLOGY-BASED VENTURES TO FOSTER JOB CREATION AND ECONOMIC GROWTH IN THE STATE OF SC. APPROXIMATELY 79% OF SCRA EXPENSES FOR THE YEAR ENDED JUNE 30, 2021 WERE RELATED TO PROGRAM SERVICES. 12322499 true true false true false false false false true false true false false false false false false true false false false false false false false false false true false true false false false false false false false false false false false false false true true false false false true 36 0 true 44 true false false false false false false false false false false false false X 19 19 false false false false false true false true true false false true true true true true true true true false X JOHN E SIRCY 8037339069 1000 CATAWBA STREET Columbia SC 29201 ROBERT QUINN EXECUTIVE DIRECTOR 40.0 0.0 X 266131 0 22739 NADIM AZIZ DIRECTOR EPSCOR (THRU 1/21) 40.0 0.0 X 203419 0 22018 STEVE JOHNSON INTERIM Ex Dir SC Launch, Inc 20.0 20.0 X 188676 0 25456 COLE DUDLEY DIRECTOR SC VENTURES 40.0 0.0 X 183015 0 27587 WILLIAM L MACILWINEN SC LAUNCH REGIONAL MANAGER 40.0 0.0 X 170866 0 27592 JOHN E SIRCY DIRECTOR OF FINANCE & ADMIN 35.0 5.0 X 160735 0 24226 DEREK WILLIS SC LAUNCH REGIONAL MANAGER 40.0 0.0 X 148824 0 21515 RANDALL S CUTTS DIRECTOR SC FACILITIES 40.0 0.0 X 136162 0 24602 CATHERINE HAYES SC LAUNCH REGIONAL MANAGER 40.0 0.0 X 129081 0 24149 YOLANDA LEWIS DIRECTOR OF HUMAN RESOURCES 40.0 0.0 X 113689 0 15814 DON HERRIOTT CHAIRMAN 1.5 0.0 X X 0 0 0 BRYANT BARNES TRUSTEE 1.5 0.0 X 0 0 0 DR L FRED CARTER TRUSTEE 1.5 0.0 X 0 0 0 JAMES E CLARK TRUSTEE 1.5 0.0 X 0 0 0 DR JAMES P CLEMENTS TRUSTEE 1.5 0.0 X 0 0 0 DR DAVID COLE TRUSTEE 1.5 0.0 X 0 0 0 PETER G DUNPHY TRUSTEE 1.5 0.0 X 0 0 0 THE HONORABLE BOBBY M HITT TRUSTEE 1.5 0.0 X 0 0 0 ROBERT HAYES JR TRUSTEE 1.5 0.0 X 0 0 0 SENATOR NIKKI SETZLER TRUSTEE 1.5 0.0 X 0 0 0 STELLA MERCADO TRUSTEE 1.5 0.0 X 0 0 0 VAHID MAJIDI TRUSTEE 1.5 0.0 X 0 0 0 HEATHER SIMMONS JONES TRUSTEE 1.5 0.0 X 0 0 0 GREGORY ASKINS TRUSTEE 1.5 0.0 X 0 0 0 PAMELA LACKEY TRUSTEE 1.5 0.0 X 0 0 0 KRISTA NEWKIRK TRUSTEE 1.5 0.0 X 0 0 0 DR KEITH SHAH TRUSTEE 1.5 0.0 X 0 0 0 DAVID M SMALLS TRUSTEE 1.5 0.0 X 0 0 0 BOB CASLEN TRUSTEE 1.5 0.0 X 0 0 0 JONATHAN M ZUCKER TRUSTEE 1.5 0.0 X 0 0 0 JO WATSON HACKL TRUSTEE 1.5 0.0 X 0 0 0 DR LINDA DISTLERATH TRUSTEE 1.5 0.0 X 0 0 0 SUE-ANN SHANNON TRUSTEE 1.5 0.0 X 0 0 0 JILL DAVIS TRUSTEE 1.5 0.0 X 0 0 0 DR HARRIS PASTIDES TRUSTEE 1.5 0.0 X 0 0 0 REP JASON ELLIOTT TRUSTEE 1.5 0.0 X 0 0 0 1700598 0 235698 11 false true false J Musselman Construction Inc PO Box 80785 CHARLESTON SC 29416 CONSTRUCTION 3043292 22 West Edge Owner LLC 960 Morrison Drive Suite 400 CHARLESTON SC 29403 Landlord 573875 Total Comfort Solutions 346 Orchard Drive WEST COLUMBIA SC 29170 HVAC 485273 Johnson Controls Security Solutions PO Box 371967 PITTSBURGH PA 15250 Sec.Equipment/mntrng 455043 Fisher Scientific Company LLC 300 Industry Drive PITTSBURGH PA 15275 Lab Equipment 361755 17 50000 4760843 4810843 COMMERCIAL CONTRACTS 541900 819725 819725 REGIME FEES 900099 79322 79322 899047 684321 684321 0 0 5437176 0 5437176 0 5437176 5437176 1113226 1097604 15622 15622 15622 0 0 0 0 0 0 0 0 0 ATI EARNOUT 532000 7000000 7000000 ATC TENANT SERVICES AGREEMENT 532000 4504 4504 7004504 18851513 6336223 7704447 4552418 4552418 0 0 0 2120343 1504721 615622 0 0 0 0 2479110 867523 1611587 0 78902 38612 40290 0 182859 118135 64724 0 163072 73109 89963 0 0 0 0 0 107150 102098 5052 0 36374 0 36374 0 72000 72000 0 0 0 0 0 0 0 0 367186 275638 91548 17674 17674 0 0 370183 32390 337793 0 437405 0 437405 0 0 0 0 0 2999697 2999697 0 0 31506 1413 30093 0 0 0 0 0 15122 10343 4779 0 0 0 0 0 0 0 0 0 1646626 1646626 0 0 0 0 0 0 EQUIPMENT LEASE 10102 10102 OTHER EXPENSES 20 20 15687749 12322499 3365250 0 248717 5535337 1516262 708162 343000 1377500 799738 908746 0 0 0 0 0 0 0 0 385847 56661 53395001 18701929 35404244 34693072 43519962 40971326 0 0 0 0 0 0 0 0 82217770 84250804 892455 459113 0 0 543714 981608 0 0 0 598025 0 0 13370302 12498984 0 0 0 0 14806471 14537730 X 55487147 57788922 11924152 11924152 0 0 67411299 69713074 82217770 84250804 3163764 -861989 X X false true X true false X 10200000 6589770 2181852 2934267 4810843 26716732 5918040 5418898 4373108 4631616 6336223 26677885 0 0 0 16118040 12008668 6554960 7565883 11147066 53394617 0 4277793 384021 532498 1095353 319847 6609512 4277793 384021 532498 1095353 319847 6609512 46785105 274246 834228 1331133 863709 684321 3987637 0 274246 834228 1331133 863709 684321 3987637 0 3183 56585 4038940 4029455 7004504 15132667 16395469 12899481 11925033 12459047 18835891 72514921 0.64518 0.62689 0.05499 0.08097 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true false false false false true 72000 false false 72000 false Part II-B, Line 1, Lobbying Activities: SCRA RETAINED LAW FIRMS NELSON, MULLINS, RILEY & SCARBOROUGH AND PARKER POE WHO PROVIDED STATE LEVEL SUPPORT RELATED TO SCRA'S ENABLING LEGISLATION. SCRA STAFF MET WITH VARIOUS LEGISLATORS AND THEIR STAFF TO DISCUSS SCRA'S MISSION AND PROGRAM FUNDING. true X 7174320 7174320 38572697 12925506 25647191 399799 141677 258122 7248185 5634746 1613439 34693072 Part IV, Line 2b, Escrow and Custodial Arrangements: SCRA has a third-party agreement requiring the custodial treatment of funds until certain activities take place, at which time they are expended from the custodial account. true ADVANCED TECHNOLOGY INTERNATIONAL 315 SIGMA DRIVE SUMMERVILLE SC 29486 571067151 501(c)(3) 22000 WATT CENTER AGULUS INC 16 LAURELHURST COURT GREER SC 29650 833004046 25000 PROJECT DEVELOPMENT AICG LLC 2764 PLEASANT RD STE FORT MILL SC 29708 842784379 25000 PROJECT DEVELOPMENT BILDIT LLC 9019 BLUE RIDGE DRIVE INDIAN LAND SC 29077 824342995 25000 PROJECT DEVELOPMENT BIRD DOG DEALS LLC 241 STONEY POINTE DRIVE CHAPIN SC 29036 861180743 25000 PROJECT DEVELOPMENT BRIGHTMA FARMS LLC 192 EAST BAY ST STE CHARLESTON SC 29401 832425536 50000 DEMONSTRATION CAROLINA DIAGNOSTIC SOLUTIONS 1225 LAUREL ST STE 219 COLUMBIA SC 29201 465568433 17500 PROJECT DEVELOPMENT CAROLINA SEED INC 2200 POCKET ROAD FLORENCE SC 29506 842919527 50000 ACCELERATION CLEMSON UNIVERSITY AR ADM SRVCS BUILD CLEMSON SC 29634 576000254 501(C)(3) 521323 SACT CLEMSON UNIVERSITY AR ADM SRVCS BUILD CLEMSON SC 296 CLEMSON SC 29634 576000254 501(C)(3) 98480 DEMONSTRATION CLEMSON UNIVERSITY RESEARCH FOUNDATION PO BOX 946 CLEMSON SC 29633 570750000 501(C)(3) 29975 MATURATION COLLEGE OF CHARLESTON CNTLLR TRSRS OFFICE CHARLESTON SC 29424 576000265 501(C)(3) 15000 MATURATION CONUSCOAT LLC 518 BRKSDE ACRES RD MOUNTAIN REST SC 29664 862289846 25000 ACADEMIC STARTUP DYNAMIC FLOW SYSTEMS LLC 409 BUFFWARE COURT CHARLESTON SC 29492 832344656 20000 DEMONSTRATION FORESIGHT DATA SYSTEMS LLC 317 LOST CREEK DRIVE COLUMBIA SC 29212 833001768 50000 ACCELERATION FRANCIS MARION UNIVERSITY PO BOX 100547 FLORENCE SC 29502 570522624 501(C)(3) 119204 SACT GEOMAT LLC 1225 LAUREL ST STE 219 COLUMBIA SC 29201 465670621 50000 SBIR/STTR HIRODIKA BIOSCIENCES INC 23 CRMORNT ISLAND LN JOHNS ISLAND SC 29455 832641071 25000 ACADEMIC STARTUP INDIEMARK LLC 1029 COOPER PL DR NORTH AUGUSTA SC 29860 223980285 50000 ACCELERATION MUSC FOUNDATION FOR RESEARCH DEVELOPMENT 135 CANNON ST STE 101L CHARLESTON SC 29425 571031624 501(C)(3) 30000 MATURATION PENSIEVISION INC 455 LYDIA DRIVE CHARLESTON SC 29412 300891632 50000 SBIR/STTR RAAMP INC 804 PENDLETON STREET GREENVILLE SC 29601 861461261 50000 ACCELERATION SC LAUNCH INC 1000 CATAWBA ST COLUMBIA SC 29201 204692622 501(C)(3) 1900000 PROGRAM SUPPORT-RELATED ORGANIZATION SOUTH CAROLINA RESEARCH FOUNDATION 901 SUMTER STREET COLUMBIA SC 29208 570967350 501(C)(3) 50000 DEMONSTRATION STAND YOURSELF UP LLC 104 SUNSET POINT ROAD ANDERSON SC 29626 833540440 50000 ACCELERATION SURCEYS INC 1708C AUGUSTA ST 130 GREENVILLE SC 29605 833112871 50000 ACCELERATION SUSTAIN EDU INC 4373 BALDWIN AVE LITTLE RIVER SC 29566 853371425 25000 ACADEMIC STARTUP TESTED HQ LLC 201 B WEST BUTLER RD 271 MAULDIN SC 29662 850521251 25000 PROJECT DEVELOPMENT UNIVERSITY OF SOUTH CAROLINA GRANTS FUNDS MNGT 1600 COLUMBIA SC 29208 576001153 501(C)(3) 518325 SACT UNIVERSITY OF SOUTH CAROLINA GRANTS FUNDS MNGT 1600 COLUMBIA SC 29208 576001153 501(c)(3) 30000 MATURATION VALIDIDE CORPORATION 1722 HAMPTON ST COLUMBIA SC 29201 861746064 25000 PROJECT DEVELOPMENT WANDER TECHNOLOGIES INC 17A PRINCESS ST CHARLESTON SC 29401 831782976 50000 ACCELERATION ZARK LLC 37 VARDEN DRIVE SUITE D AIKEN SC 29803 831354461 50000 ACCELERATION 9 24 SCHEDULE I, PART I, LINE 2: SCRA PROVIDES FUNDING THROUGH THE SC LAUNCH PROGRAM TO EARLY-STAGE INNOVATION COMPANIES IN ORDER TO PROVIDE SUPPORT FOR SPECIFIC ACTIVITIES RELATED TO COMPANY GROWTH AND JOB CREATION. FUNDING IS AWARDED BASED ON ESTABLISHED CRITERIA AND VIA A DEFINED PROCESS. THESE FUNDS ARE AWARDED FOR VARIOUS PURPOSES AND FOR DIFFERENT PERIODS. RECIPIENTS ARE REQUIRED TO PROVIDE AN EXPLANATION OF USE OF FUNDS AS A PREREQUISITE FOR AWARD. AS PART OF SC LAUNCH PROGRAM ACTIVITIES, STAFF MEMBERS MONITOR COMPANY OPERATIONS AND PROGRESS TOWARD STATED OBJECTIVES. X X X X false true false false false false false false false ROBERT QUINN EXECUTIVE DIRECTOR 266131 0 0 0 0 0 18629 0 4110 0 288870 0 0 0 JOHN E SIRCY DIRECTOR OF FINANCE & ADMIN 160735 0 0 0 0 0 11273 0 12953 0 184961 0 0 0 NADIM AZIZ DIRECTOR EPSCOR (THRU 1/21) 203419 0 0 0 0 0 9358 0 12660 0 225437 0 0 0 COLE DUDLEY DIRECTOR SC VENTURES 183015 0 0 0 0 0 11960 0 15627 0 210602 0 0 0 RANDALL S CUTTS DIRECTOR SC FACILITIES 136162 0 0 0 0 0 9597 0 15005 0 160764 0 0 0 WILLIAM L MACILWINEN SC LAUNCH REGIONAL MANAGER 170866 0 0 0 0 0 12129 0 15463 0 198458 0 0 0 CATHERINE HAYES SC LAUNCH REGIONAL MANAGER 129081 0 0 0 0 0 9373 0 14776 0 153230 0 0 0 STEVE JOHNSON INTERIM Ex Dir SC Launch, Inc 168676 0 20000 0 0 0 11774 0 13682 0 214132 0 0 0 DEREK WILLIS SC LAUNCH REGIONAL MANAGER 148824 0 0 0 0 0 6462 0 15053 0 170339 0 0 0 SCHEDULE J, PART I, LINE 4B: THE FOLLOWING INDIVIDUALS PARTICIPATE in a Supplemental nonqualified retirement plan: NADIM AZIZ $26,000 Robert QUINN $26,000 COLE DUDLEY $26,000 FORM 990, PART I & PART III, LINE 1: IN ACCORDANCE WITH THE PROVISIONS OF SECTION 13-17-20 OF THE ENABLING ACT, AND THE FINDING OF THE GENERAL ASSEMBLY OF THE STATE OF SOUTH CAROLINA IN ESTABLISHING THE AUTHORITY THAT THE FUTURE ECONOMIC VIABILITY OF SOUTH CAROLINA CAN BEST BE ASSURED BY BUILDING STRONG INDUSTRIES OF ADVANCED TECHNOLOGY, THAT IN ORDER TO DEVELOP BETTER EMPLOYMENT OPPORTUNITIES AND IMPROVE THE STANDARD OF LIVING IN SOUTH CAROLINA THE STATE MUST AGGRESSIVELY PURSUE AND ENCOURAGE RESEARCH AND DEVELOPMENT ORGANIZATIONS AND HIGH TECHNOLOGY MANUFACTURERS TO LOCATE IN THIS STATE, AND THAT THIS STATE MUST TAKE STEPS TO INSURE THAT IT DEVELOPS ITS HUMAN RESOURCES BY PROVIDING OPPORTUNITIES FOR ITS RESIDENTS, THE AUTHORITY WAS ORGANIZED AND SHALL OPERATE TO ENHANCE THE RESEARCH CAPABILITIES OF THE STATE'S PUBLIC AND PRIVATE COLLEGES AND UNIVERSITIES, TO ESTABLISH A CONTINUING FORUM TO FOSTER GREATER DIALOGUE THROUGHOUT THE RESEARCH COMMUNITY WITHIN THE STATE, AND TO PROMOTE THE DEVELOPMENT OF HIGH TECHNOLOGY INDUSTRIES AND RESEARCH FACILITIES IN SOUTH CAROLINA. IN ACCORDANCE WITH THE ENABLING ACT, THE OBJECTIVES OF THE AUTHORITY INCLUDE BUT ARE NOT LIMITED TO THE FOLLOWING: (1) TO ADVANCE THE GENERAL WELFARE OF THE PEOPLE; (2) TO INCREASE THE OPPORTUNITIES FOR EMPLOYMENT OF CITIZENS OF SOUTH CAROLINA; (3) TO DEVELOP THE HUMAN, ECONOMIC, AND PRODUCTIVE RESOURCES OF SOUTH CAROLINA; (4) TO PROMOTE AND ENCOURAGE EXPANSION OF THE RESEARCH AND DEVELOPMENT SECTOR, WITH EMPHASIS ON CAPITAL FORMATION AND INVESTMENTS IN RESEARCH AND DEVELOPMENT WITHIN SOUTH CAROLINA; (5) TO CREATE AND MAINTAIN A DIALOGUE BETWEEN THE PUBLIC AND PRIVATE RESEARCH COMMUNITIES; (6) TO ENHANCE THE POTENTIAL FOR PRIVATE SUPPORT FOR SOUTH CAROLINA PUBLIC AND PRIVATE COLLEGES AND UNIVERSITIES, TO PROMOTE COOPERATIVE RESEARCH EFFORTS BETWEEN THE PRIVATE SECTOR AND SUCH COLLEGES AND UNIVERSITIES, AND TO STRENGTHEN THE PARTNERSHIP AMONG STATE GOVERNMENT, HIGHER EDUCATION, AND BUSINESS AND INDUSTRY; (7) TO ASSIST SOUTH CAROLINA PUBLIC AND PRIVATE COLLEGES AND UNIVERSITIES IN ATTRACTING NATIONALLY PROMINENT ACADEMIC RESEARCHERS AND PROFESSORS AND TO SERVE AS AN INITIAL LINKAGE BETWEEN THE STATE'S OUTSTANDING EXISTING RESEARCH AND THE BUSINESS AND INDUSTRIAL SECTOR; (8) TO MAXIMIZE THE RESEARCH CAPABILITIES OF THE PUBLIC AND PRIVATE COLLEGES AND UNIVERSITIES IN SOUTH CAROLINA; AND (9) TO FOSTER AND ADVANCE BOTH THE CAPABILITY AND RECOGNITION OF SOUTH CAROLINA AS AN INTERNATIONAL LEADER IN IDEA GENERATION AND THE DEVELOPMENT, TESTING, AND IMPLEMENTATION OF NEW ADVANCES IN SCIENCE AND TECHNOLOGY. FORM 990, PART VI, SECTION A, LINE 7A: THE SCRA SHALL CONSIST OF A BOARD OF TWENTY FOUR TRUSTEES THAT INCLUDES THE FOLLOWING EX OFFICIO MEMBERS: PRESIDENT OF THE COUNCIL OF PRIVATE COLLEGES OF SOUTH CAROLINA, CHAIRMAN OF THE SOUTH CAROLINA COMMISSION ON HIGHER EDUCATION, PRESIDENT OF CLEMSON UNIVERSITY, PRESIDENT OF THE MEDICAL UNIVERSITY OF SOUTH CAROLINA, PRESIDENT OF SOUTH CAROLINA STATE COLLEGE, PRESIDENT OF THE UNIVERSITY OF SOUTH CAROLINA, DIRECTOR OF SAVANNAH RIVER NATIONAL LABORATORY, PRESIDENT OF FRANCIS MARION UNIVERSITY, CHAIRMAN OF THE STATE BOARD FOR TECHNICAL AND COMPREHENSIVE EDUCATION, GOVERNOR OF SOUTH CAROLINA OR HIS DESIGNEE, CHAIRMAN OF THE HOUSE WAYS AND MEANS COMMITTEE OR HIS DESIGNEE, CHAIRMAN OF THE SENATE FINANCE COMMITTEE OR HIS DESIGNEE, AND THE SECRETARY OF COMMERCE OR HIS DESIGNEE. THE GOVERNOR SHALL NAME THE CHAIRMAN WHO MUST NOT BE A PUBLIC OFFICIAL AND WHO SERVES AT THE PLEASURE OF THE GOVERNOR. THE REMAINING TEN TRUSTEES MUST BE ELECTED BY THE BOARD OF TRUSTEES FROM A LIST OF NOMINEES SUBMITTED BY AN AD HOC COMMITTEE NAMED BY THE CHAIRMAN AND COMPOSED OF THE MEMBERS SERVING AS ELECTED TRUSTEES. EACH OF THE CONGRESSIONAL DISTRICTS OF SOUTH CAROLINA MUST HAVE AT LEAST ONE OF THE TEN TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B: PRIOR TO SUBMISSION TO THE IRS, SCRA'S DIRECTOR OF FINANCE AND ADMINISTRATION, ITS CONTROLLER AND ITS INDEPENDENT AUDIT FIRM REVIEW THE 990 IN DETAIL. IT IS REVIEWED BY THE SCRA AUDIT & FINANCE COMMITTEE AND IS MADE AVAILABLE TO THE BOARD OF TRUSTEES FOR THEIR REVIEW BEFORE IT IS SUBMITTED. FORM 990, PART VI, SECTION B, LINE 12C: SCRA OFFICERS AND TRUSTEES ARE SUBJECT TO SOUTH CAROLINA LAW AND ARE REQUIRED TO FILE AN ANNUAL DISCLOSURE WITH THE SOUTH CAROLINA STATE ETHICS COMMISSION. FORM 990, PART VI, SECTION B, LINE 15: COMPENSATION FOR SCRA'S EMPLOYEES, INCLUDING THAT OF OFFICERS AND KEY EMPLOYEES, IS SET BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES (THE GOVERNING BODY FOR SCRA) AS RECOMMENDED BY THE AUDIT & FINANCE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19: THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE UPON REQUEST UNDER THE SC FOIA LAWS. SCRA IS GOVERNED BY TITLE 13, CHAPTER 17 OF THE SC CODE OF LAWS. THE ORGANIZATION'S MOST RECENT AUDITED FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC AT WWW.SCRA.ORG. FORM 990, PART XII, LINE 2C: OVERSIGHT OF AUDIT: THERE HAVE BEEN NO CHANGES DURING THE YEAR IN THE PROCESS FOR OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS. 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