Mainsail Health Partners
Mainsail Health Partners reported $15.1 million in revenue and $8.4 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $87.06 went to program services, $12.94 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 65.4% of the total. The highest compensation it reported for one person was $1,175,187 (CEO). Revenue rose 402% between FY2021 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $8.4MFor context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $15MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 87.1% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 12.9% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 65.4% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $1,175,187 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 14.07% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 0 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 200.7 | 6.6 |
| Independent voting board members Part VI 1a–1b | 7 of 7 | 88.9% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseTo 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…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CEO Officer, 3.0 hrs/week | $0 | $1,144,687 | $30,500 | $1,175,187 |
| CHAIR & DIRECTOR Director/trustee, 2.0 hrs/week | $0 | $500 | $0 | $500 |
| DIRECTOR Director/trustee, 2.0 hrs/week | $0 | $500 | $0 | $500 |
| DIRECTOR Director/trustee, 2.0 hrs/week | $0 | $500 | $0 | $500 |
| DIRECTOR Director/trustee, 2.0 hrs/week | $0 | $500 | $0 | $500 |
| DIRECTOR Director/trustee, 2.0 hrs/week | $0 | $500 | $0 | $500 |
| DIRECTOR Director/trustee, 2.0 hrs/week | $0 | $500 | $0 | $500 |
| DIRECTOR Director/trustee, 2.0 hrs/week | $0 | $500 | $0 | $500 |
0 people received more than $100,000 in reportable compensation from Mainsail Health Partners (Part VII, line 2).
5 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b7 · 7 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13No
- Document retention policy Part VI 14No
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aNo
- Family or business ties among insiders Part VI 2Yes
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 50
Correct a figure or respond
Every number above is copied from Mainsail Health Partners's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Mainsail Health Partners, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Mainsail Health Partners spent in FY2025, $87.06 went to programs. The full breakdown, from its IRS Form 990:
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All health care charities · Largest charities in South Carolina
Questions people ask
How much of Mainsail Health Partners's spending goes to programs?
In the fiscal year ending June 30, 2025, Mainsail Health Partners reported that 87.1% of its $8.4 million in expenses went to program services, 12.9% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Mainsail Health Partners pay its top executive?
The largest total compensation Mainsail Health Partners reported for one person in the fiscal year ending June 30, 2025 was $1,175,187, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Mainsail Health Partners get its money?
Of $15.1 million in revenue in the fiscal year ending June 30, 2025, 65.4% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).
Is Mainsail Health Partners a registered charity?
The IRS lists EIN 84-4667819 as a 501(c)(3) organization (supporting organization, type iii functionally integrated), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202641349349312869 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202521349349306297 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202431359349311773 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341359349311964 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202211339349306536 · read the filing
All filings for EIN 84-4667819: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.