CHARLESTON, SC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)MAINSAIL HEALTH PARTNERS, founded in 2020, is a community nonprofit in the Health Care sector that reported $2.0M in total revenue in fiscal year 2022. Revenue fell 82% from the prior year — a significant decline worth monitoring. Expenses of $3.5M exceeded revenue, resulting in a 76% operating deficit.
THE PURPOSE OF THE CORPORATION IS TO SUPPORT THE CHARITABLE, SCIENTIFIC, ELEEMOSYNARY, AND EDUCATIONAL MISSIONS OF THE MEDICAL UNIVERSITY OF SOUTH CAROLINA (MUSC), AN INSTITUTION OF HIGHER LEARNING AND AGENCY OF THE STATE OF SOUTH CAROLINA BY AND THROUGH EXPANDED HEALTHCARE OUTREACH ACROSS RURAL AREAS OF THE STATE AND COLLABORATIONS IN THE DELIVERY OF CARE WITH PRIVATE INDUSTRY THAT ARE ALIGNED WITH THE MISSION AND OBJECTIVES OF MUSC. MOREOVER, SUCH EXPANSION WILL PROVIDE MEANINGFUL NEW JOBS AND OTHER ECONOMIC BENEFIT TO RURAL COUNTIES ACROSS THE STATE, WHICH ARE OFTEN UNDERSERVED IN TERMS OF ACCESS TO HEALTHCARE.
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)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $2,006,664 | $11,464,426 | -0.8% |
| Expenses | $3,531,282 | $554,316 | +5.4% |
| Net Income | $-1,524,618 | $10,910,110 | -1.1% |
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 |
|---|---|---|---|---|---|---|
| DONALD R JOHNSON II | CHAIR & DIRECTOR | 2.00 |
Director
|
$0 | $0 | $500 |
| CHARLES SCHULZE | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $500 |
| JOHN OSBORNE | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $500 |
| FORREST ALTON | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $500 |
| TODD LILLIBRIDGE | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $500 |
| JACK JONES | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $500 |
| STUART SMITH | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $500 |
| PATRICK CAWLEY | CEO | 3.00 |
Officer
|
$0 | $39,780 | $1,155,711 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | No data | No data | No data | No data |
| 2023 | $2,006,664 | $3,531,282 | $38,189,081 | $-1,524,618 |
| 2022 | $11,464,426 | $554,316 | $76,368,989 | $10,910,110 |
| 2021 | $3,002,010 | $98,050 | $3,001,710 | $2,903,960 |
Compare MAINSAIL HEALTH PARTNERS with other nonprofits in South Carolina and across the country.