EHealth CareEIN: 844667819

Mainsail Health Partners

Charleston, South Carolina

B-Health Score
52B-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Average

How This Organization Compares

Compared to 1225 peers in Health Care with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org3.48×
Peer Median0.50×
💰
$2.0M
Total Revenue
📊
$3.5M
Total Expenses
🏦
$12.3M
Net Assets
📋
$25.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-82.5%
Year-over-year change (2022 → 2023)
Net Margin
-76.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
3.48
Net assets divided by total expenses
Liabilities-to-Assets
67.8%
Total liabilities as % of total assets

Filing History

3 filings on record
YearRevenueExpensesAssets
2023$2,006,66482%$3,531,282537%$38,189,08150%
2022$11,464,426282%$554,316465%$76,368,9892444%
2021$3,002,010$98,050$3,001,710

Frequently Asked Questions

What does Mainsail Health Partners do?

Mainsail Health Partners is a health care nonprofit organization based in South Carolina. It is classified under NTEE code E11 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Mainsail Health Partners financially healthy?

Based on our 9-metric Financial Health Score model, Mainsail Health Partners has a score of 52/100 (Grade: B-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Mainsail Health Partners generate?

Mainsail Health Partners reports $125.7M in annual revenue and holds $345.8M in total assets, based on IRS filings.

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