MEDICINAL WHISKEY CHARITY INC

EIN: 854228712 501(c)(3) Health Care

GREENVILLE, SC

Total Revenue
$603,101
Total Expenses
$717,102
Total Assets
$43,134
Net Assets
$43,134
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
SC
Principal Officer
RYAN GOSSAGE
Phone
8643132323
Tax Period
2023-01-01 to 2023-12-31

MEDICINAL WHISKEY CHARITY INC, founded in 2021, is a small nonprofit in the Health Care sector that reported $603K in total revenue in fiscal year 2023. Expenses of $717K exceeded revenue, resulting in a 19% operating deficit.

Mission

FIGHTING CHILDHOOD ILLNESS WITH THE POWER AND PASSION OF WHISKEY ENTHUSIASTS

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $521,765
Program Service Revenue $0
Investment Income $10
Other Revenue $81,326
TOTAL REVENUE $603,101

Expense Breakdown

Grants Paid $431,345
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $700,574
Other Expenses $285,757
TOTAL EXPENSES $717,102

Year-over-Year Comparison

2023 2022 Change
Revenue $603,101 $573,389 +0.1%
Expenses $717,102 $489,644 +0.5%
Net Income $-114,001 $83,745 -2.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
1

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RYAN GOSSAGE CHAIRMAN 15.00
Officer Director
$0 $0 $0
JOHN MARTIN VICE CHAIRMA 5.00
Officer Director
$0 $0 $0
JOHN MCKILLOP HISTORIAN 8.00
Director
$0 $0 $0
MICHAEL BEDENBAUGH SECRETARY/TR 5.00
Director
$0 $0 $0
JON BAILEY BOARD ADVISO 5.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $603,101 $717,102 $43,134 $-114,001
2022 $573,389 $489,644 $157,135 $83,745
2021 $265,937 $192,547 $73,390 $73,390
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