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.
TO PROMOTE AND SUPPORT, INDEPENDENTLY BUT WITHIN ALIGNMENT WITH AND IN RELATION TO, MEDICAL UNIVERSITY OF SOUTH CAROLINA (MUSC) AND ITS CHARITABLE, ELEEMOSYNARY, EDUCATIONAL, SCIENTIFIC MISSION, PURPOSE, AND PROGRAMS.
TO EXPLORE, INVESTIGATE, CONTRACT FOR, AND ENGAGE IN COLLABORATIVE INITIATIVES WITH OTHER PERSONS TO UNDERTAKE SCIENTIFIC, CLINICAL, EDUCATIONAL, AND RESEARCH ACTIVITIES AND ENDEAVORS CONSISTENT WITH...
TO EXPLORE, INVESTIGATE, CONTRACT FOR, AND ENGAGE IN COLLABORATIVE INITIATIVES WITH OTHER PERSONS TO UNDERTAKE SCIENTIFIC, CLINICAL, EDUCATIONAL, AND RESEARCH ACTIVITIES AND ENDEAVORS CONSISTENT WITH THE OBJECTIVES AND MISSION OF MUSC; TO PROMOTE, ENCOURAGE AND AID INTERACTIONS AND COLLABORATIVE RELATIONSHIPS WITH PRIVATE INDUSTRY THAT ARE ALIGNED WITH THE MISSION AND OBJECTIVES OF MUSC, TO THE EXTENT PERMITTED BY APPLICABLE LAW; TO SEEK AND ESTABLISH STRATEGIC VENTURES WITH INDEPENDENT ENTITIES THAT BENEFIT THE MUSC ENTERPRISE AND THE COMMUNITY IT SERVES; TO PROMOTE THE RECRUITMENT AND RETENTION OF A SUPERIOR FACULTY BY ENCOURAGING AND AIDING THEIR PERSONAL DEVELOPMENT THROUGH THE SUPPORT OF MEDICAL AND CLINICAL SPONSORED RESEARCH PROGRAMS, AGREEMENTS, AND INITIATIVES AT OR INVOLVING MUSC; TO PROMOTE AND SUPPORT THE CHARITABLE, ELEEMOSYNARY, EDUCATIONAL, MEDICAL, SCIENTIFIC AND RESEARCH PURPOSES OF MUSC BY AND THROUGH SUPPORT OF MEDICAL UNIVERSITY HOSPITAL AUTHORITY (MUHA), UNIVERSITY MEDICAL ASSOCIATES OF THE MEDICAL UNIVERSITY OF SOUTH CAROLINA (UMA), AND ANY OTHER ORGANIZATION RECOGNIZED, FROM TIME TO TIME, BY MUSC AS AN AFFILIATE; TO PROMOTE, SUPPORT AND AID ANY AND ALL OTHER ACTIVITIES AND PROGRAMS, WHICH WILL FURTHER THE MISSION AND PROGRAMS OF MUSC.
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.